Monday, April 23, 2012

Talk about inflation

A 1792 penny is worth over a million bucks today. Wow! The rare cent is being auctioned, and the bids are enormous. The same coin last sold in 1974 for a measly $105,000, so the take this time will be in excess of ten times its purchase price. In 38 years. Fuel is arround 8 times the price, so The coin has only kept pace with inflation. Any one have one of these silver centered suckers they'd care to trade for a shiny new one?

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