If you were alive in 1900, what would you do with $100
GoldenEyeNumismatics
Posts: 13,187 ✭✭✭
Only $100, no more. Would you buy from a dealer or collect from circulation? What would you collect?
I'd probably buy some territorials, and maybe spend $20 or $30 on some BU barbers from circulation
I'd probably buy some territorials, and maybe spend $20 or $30 on some BU barbers from circulation
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An authorized PCGS dealer, and a contributor to the Red Book.
but as I thought a little more, wouldn't it have been worthwhile to make a time capsule with hand-picked Gem's from the new year to leave for the generations;
Complete 1900 Proof Set with Gold ... about $45.
Five 1900 Morgan Dollars from each Mint ... about $18.
Five 1900 Barber Halves from each Mint ... about $10.
Five 1900 Barber Quaters from each Mint ... about $5.
Five 1900 Barber Dimes from each Mint ... about $3.
Five Liberty Nickels ... about $1.
Five Indian Cents ... about $.25
Something really safe to store them in ... about $7.75???
Value today ... priceless!!!
and still would have had $20. left over !!
Here's a 1900-S Quarter to color the page ... wish it was 5 Gem's instead ... but I'll take what I can get
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
AJ
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Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
A bottle of whiskey and a Colt revolver......then hold all of you guys up for your coins!!
SM1 calls me a troublemaker....
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<< <i>But what would your life expectancy be in 1900? Would when you're expected to die affect your decision?
average life expectancy in the USA was 41 years
<< <i>Invest the money, wait nine years, move to San Fransisco, and buy some new pennies before the VDB got removed
You read my mind.
That and find any CC dollar I could get my hands on.
OR.....
Gold at Face Value.
So, you had better take a handful of worn seated silver or some gold with you.
All the CC dollars were still in bags. You'd probably do best buying all the 1895 Proof Dollars around - nobody collected Morgans back then. you probably could have gotten them for $4 each. Maybe the best thing you could do is drop in on ol' Captian Haseltine and see what treasures he would pull out of his "refrigerator".
10,000 1877 Indian Head Cents.
My Adolph A. Weinman signature
But if I knew then what I know now I would probably wait till 1907 and then buy 5 of the nicest high relief $20 saints I could find.
1969s WCLR-001 counterclash
``https://ebay.us/m/KxolR5
<< <i>Invest the money, wait nine years, move to San Fransisco, and buy some new pennies before the VDB got removed
Bingo! This has to be the best buy for the $100. It has to be better than the 1893-s dollars and san fran quarters people are saying.
10,000 S-VDBs x $3000 each ~ $30,000,000 now!
10,000 S-VDBs x $3000 each ~ $30,000,000 now!
Only if you could buy them at face value. I read that they were bringing a significant premium even when they were newly released.
Also, a large increase in the supply of uncirculated examples would probably bring down the price.
My Adolph A. Weinman signature
<< <i>Buy all the rolls of uncirculated morgan dollars I could get my hands on at face value, than I would store them smoewhere where they would get some nice roll toning after 107 years! >>
No you get those bags cherry pick them, turn in the garbage and do it again until you are storing bags of MS68's. I'd do the same thing with all the current coinage. Also take out an add in the paper buying any original roll of seated coins, flyers, Indians and pay 50% over face.
<< <i>How about invest the money, wait until 1933 and then go buy some Saints
Make sure you get a receipt from the US Mint otherwise they will later be confiscated by the Secret Service.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>10,000 1877 Indian Head Cents. >>
Absolutely! That's the best response so far, if we're talking profit potential in modern times. 10,000 1877 indian head cents @ $5,000 (that's conservative) in MS, that's 50 million bucks.
<< <i>
<< <i>10,000 1877 Indian Head Cents. >>
Absolutely! That's the best response so far, if we're talking profit potential in modern times. 10,000 1877 indian head cents @ $5,000 (that's conservative) in MS, that's 50 million bucks. >>
Where would you get 10,000 of these 1877 cents 23 years after they were minted? Coin dealers were few back in 1900 and most wouldn't carry but a few specimens.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>
<< <i>
<< <i>10,000 1877 Indian Head Cents. >>
Absolutely! That's the best response so far, if we're talking profit potential in modern times. 10,000 1877 indian head cents @ $5,000 (that's conservative) in MS, that's 50 million bucks. >>
Where would you get 10,000 of these 1877 cents 23 years after they were minted? Coin dealers were few back in 1900 and most wouldn't carry but a few specimens. >>
Okay, Maybe I'd invent a gumball machine
``https://ebay.us/m/KxolR5
I wouldn't tell him that he would be dragged to death by a team of runaway horses in 1906 though.
I'm sure he was the sort of guy that liked surprises.
Ray
After you sold off the first 15 or so you would bring the value down to where they would be commonplace...
I like the idea of buying the "5 per set/mm/type" You could make a serious killing off them over time....just imagine what the saturation of even 15 "Gem" 1901-o quarters would do to the current market of them.....
but that wouldn't stop me from waiting 15yrs and taking my time to either become a professional Ice cream scooper to accept that 1913 nickle or paying to have just one more made... just think of waiting till after the auction where Legend gets the buy on the one they owned and then walking up to Laura with a far higher grade one and going "nah na na nah nah!!!!"
Hell, I don't need to exercise.....I get enough just pushing my luck.
<< <i>become a professional Ice cream scooper to accept that 1913 nickle >>
It was the 94-S dime that was spent on ice cream.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I had so many different ones to go with as an example and I really screwed the pooch up on that one........thanks for the catch!!!!
Hell, I don't need to exercise.....I get enough just pushing my luck.
Knowledge is the enemy of fear
Or buy San Diego.
San Diego, CA
Obscurum per obscurius
Go that way.
Really fast.
If something gets in your way, turn.
Didn't wanna get me no trade
Never want to be like papa
Working for the boss every night and day
--"Happy", by the Rolling Stones (1972)
<< <i>I'd buy some land (don't know how much I'd get with $100, though). >>
About half of Wyoming, back in 1900.
Ray