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		peeonme
Guest
I am hardly a math type and much of this thread is well over my head, however I did work with rare coins at one time for a period of about 3 years.You math types should calculate what inflation rate that would be from the year of the coin being struck until now. I wonder what the $8,500 represents.
The $8500. price tag on this coin has little to do with inflation but rather with is scarcity, in like fashion a Double Eagle $20.00 U.S. gold piece has a premium well above it's value in gold due to it's numismatic value, a Krugerrand has a much lower premium as it's sole purpose is for gold investment and it really has no collectors value.
A 1913 $20. gold coin can be worth $2000.-3000.00. As for it's inflation rate, it would take about $472.00 today to buy what the coin did in 1913. http://www.usinflationcalculator.com/


 
						 
 
		 
 
		
 
 
		
 
 
		