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56 Years Ago...

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 Posted 06/01/2010  06:52 am  Show Profile   Bookmark this reply Add Scooby Due to your friends list
That is cool! Thanks for the glimpse into the past!

And to think some people may have shook their heads at 9.00 for an '09-S IHC! It's an outrage! $6.50 for an S-VDB! Pfff - I don't think so!

I'd like to hear the thoughts on the baking soda, though.
Edited by Scooby Due
06/01/2010 06:54 am
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 Posted 06/01/2010  08:14 am  Show Profile   Bookmark this reply Add Jim1953 to your friends list
this post is cause for thought. If a 09-S VDB was $9 in 1954 and has appreciated to $1,400 ish could we ever expect for comparable grow over the next 54 yrs. Could that coin ever bring $217,00?! Then, again, no one in 1954 would have ever believed that the coin would be at $1,400 in 2010. As I look at this, it seems like the bubble that ate the housing market. At some point, we have to adjust inflation out or we get to prices that mean you will carry a $20,000 bill in your wallet.

Sorry, hope this is not too much of a hijack but the prices were there . This book has to make you wonder. And, if the market is going to change, how will this effect our investment?

Jim
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 Posted 06/01/2010  08:31 am  Show Profile   Bookmark this reply Add needgames4lyfe to your friends list
Thats some food for thought Jim
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 Posted 06/01/2010  11:21 am  Show Profile   Bookmark this reply Add SPQR to your friends list
Well of course the whole "supply and demand" rule is in effect here; there are a lot more people collecting coins now that there were back then, but still the same number (more or less) of 1909S VDBs. Also, what was the average wage back then, a buck an hour maybe? I mean, lunch of a hamburger and a coke was maybe a half dollar, and a new car was around $1,700.
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 Posted 06/01/2010  12:40 pm  Show Profile   Bookmark this reply Add jbuck to your friends list
A family treasure that appears to be in excellent shape as well.

Thank you for sharing!
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 Posted 06/01/2010  12:45 pm  Show Profile   Bookmark this reply Add twinsrule to your friends list
Yup, the 09SVDB went up just a tad bit!
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 Posted 06/01/2010  4:03 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
To the Delorean Doc! I want some coins.
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 Posted 06/01/2010  4:04 pm  Show Profile   Bookmark this reply Add nod2003 to your friends list
A further question, how much was the 1916 SLQ in that book?
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 Posted 06/01/2010  4:18 pm  Show Profile   Bookmark this reply Add SDcoinguy to your friends list
more pics please! SLQ prices, Bust coins? Liberty Nickles?
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 Posted 06/01/2010  4:44 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
To the Delorean Doc! I want some coins.
Oh no! Not another time travel discussion!
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 Posted 06/01/2010  9:30 pm  Show Profile   Bookmark this reply Add coincollector123 to your friends list
my uncle started collecting when silver dollars were valued at a dollar.
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 Posted 06/01/2010  10:05 pm  Show Profile   Bookmark this reply Add jprine to your friends list
Very cool book and it looks to be in "mint" condition as well. Thanks for sharing......"now where is that old coin book of mine....."
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 Posted 06/01/2010  10:52 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list

Quote:
A further question, how much was the 1916 SLQ in that book?


$10.00 for "good", and $25.00 for "fine".

I'll try and get some more photos when I've got some extra time.
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 Posted 06/02/2010  9:38 pm  Show Profile   Bookmark this reply Add scotty11 to your friends list
MORE PHOTOS...

My apologies for not cropping or resizing...

56-Years-Ago...

56-Years-Ago...

56-Years-Ago...

56-Years-Ago...

56-Years-Ago...

56-Years-Ago...


Quote:
this post is cause for thought. If a 09-S VDB was $9 in 1954 and has appreciated to $1,400 ish could we ever expect for comparable grow over the next 54 yrs. Could that coin ever bring $217,00?! Then, again, no one in 1954 would have ever believed that the coin would be at $1,400 in 2010. As I look at this, it seems like the bubble that ate the housing market. At some point, we have to adjust inflation out or we get to prices that mean you will carry a $20,000 bill in your wallet.

Sorry, hope this is not too much of a hijack but the prices were there . This book has to make you wonder. And, if the market is going to change, how will this effect our investment?

Jim


No need for an apology Jim...my thoughts exactly. Thank you for the post.

In my opinion, the '09 S vdb will always been "over-valued". Understandably so though... Many a "collector" got his start with a simple Lincoln Cent folder or book. My first book was given to me over 40 years ago. 40 years later, I find myself alongside more and more that want to fill that hole in their book. Problem is, they only minted 484 thousand...I doubt that adjusting inflation will help. Not in this case anyway.

The housing market is a whole different animal...
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 Posted 06/03/2010  09:04 am  Show Profile   Bookmark this reply Add nod2003 to your friends list
$40 for a 1901S quarter! That would have been amazing. I notice they do not have 16/16 Buffalo nickel, was that variety not known then?
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