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Facts And Fantasy In The Same Book

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Valued Member

United States
132 Posts
 Posted 07/11/2018  01:03 am Show Profile   Bookmark this topic Add freddo30 to your friends list Get a Link to this Message
I've always enjoyed my 1981 copy of "The Encyclopedia of United States Silver & Gold Commemorative Coins", commonly known as "Swiatek-Breen". Loaded with information and photos, it has been a standard reference since then. The "Investment Section" proved to be fallible to a remarkable extent as I thumbed through it for the first time in awhile ... predictions : by 1990, a Cincinnati Half Dollar Type coin was to have cost $4200.00 in MS65. The current cost for a PCGS MS65 is $450. According to the Rule of 72, at 3% interest that 1990 coin would be about $8500.00 now. The 1925 Ft. Vancouver was pegged for 1990 at $17,000 in MS65. It's now $650 ... the list continues, most with similar optimism. I'm glad the predictions are so far off ; I wouldn't collect them at those prices.

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Pillar of the Community
2275 Posts
 Posted 07/11/2018  08:36 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Predictions are difficult...especially about the future.
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United States
9144 Posts
 Posted 07/13/2018  03:30 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
And the market for just about anything has ups and downs over time. But those predictions are nuts. :)
Bedrock of the Community
United States
17429 Posts
 Posted 07/15/2018  07:28 am  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
There are some people that make predictions about everything. They know that if they make a thousand of them, some possibly could come true.
just carl
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