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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

A Store Of Value?

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longnine009
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 Posted 05/26/2005  05:21 am Show Profile   Bookmark this topic Add longnine009 to your friends list Get a Link to this Message Number of Subscribers
Gold and silver have been pretty good stores of value in the past. What about a Micky Mouse watch?[:0] Apparently at one time a wrist watch was considered a status symbol to Russians. And after World War ll there was a black market for them in Berlin. Mickey Mouse watches weren't only status symbols, but because they were status symbols they were also tradable commodities now since Russians had little faith in their own currency.

Scroll about halfway down just after #17

http://www.archives.gov/publication...arket_1.html
Edited by longnine009
05/26/2005 05:26 am
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miker
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 Posted 05/26/2005  3:31 pm  Show Profile   Bookmark this reply Add miker to your friends list Get a Link to this Reply
When I was stationed in Spain and went to Morocco, they would accept Levi 501 jeans as a 'currency'. 32 waist and any length over 34. I was told by a retailer who suggested a $50.00 value for each pair. I guess it just depends or your status symbol
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