Findmall.com
 
 






Minelab E-TRAC Forum


Welcome! Log In Register
Re: My favorite find of 2017 turned out to be my rarest.
Posted by: cz70pro
Date: January 12, 2018 11:36AM
Quote
diggervance
Someone went to a lot of work here is what that dime would have been worth.

inflation calculator

U.S. Inflation Rate, 1829-2018 ($0.10)

According to the Bureau of Labor Statistics consumer price index, the dollar experienced an average inflation rate of 1.73% per year. Prices in 2018 are 2460.0% higher than prices in 1829.

In other words, $0.10 in the year 1829 is equivalent to $2.56 in 2018, a difference of $2.46 over 189 years.

The current inflation rate in 2018 is 0.77%1. If this number holds, $0.10 today will be equivalent to $0.10 next year.


Yep, ten cents was a lot of money back then.Also another interesting way to realize it's value is to go back and see what 10 cents would have purchased back then. A large cent still had good purchase power and was missed when lost.

I always wondered if he got it in change and threw it out the back door of the cabin in disgust or he simply lost it without knowing it was a counterfeit.

avatar
Re: My favorite find of 2017 turned out to be my rarest.
Posted by: Sooper Dave
Date: January 16, 2018 08:00PM
Wow great update! So cool you got all that work done to give you all that info. Such a rare piece of history, Congrats!

Re: My favorite find of 2017 turned out to be my rarest.
Posted by: cz70pro
Date: January 17, 2018 10:48AM
Quote
Sooper Dave
Wow great update! So cool you got all that work done to give you all that info. Such a rare piece of history, Congrats!

Thanks Dave. Winston's help was awesome to have and it makes this an even more special piece of history.

Sorry, only registered users may post in this forum.

Click here to login