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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Katelew who wrote (411088)2/16/2011 3:12:52 PM
From: Nadine Carroll  Read Replies (3) | Respond to of 793586
 
The coins have been sitting in a lock box since, although we should have had the sense to sell them back in the 80s when gold had its prior big run

Yes, gold would have to rise to $2200/ozt to match its previous high of $850, inflation-adjusted. Current gold spot price is $1375/ozt.

Still, since you paid $92 (or $237 inflation-adjusted) for a coin that is now worth over $1600, you can't be said to have done too badly...but I'd still be holding if I were you.