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Mon 14 Jul, 2003 07:42 am
Do they have any value for the investor?
I quadrupled my investment in just one day! :-D
(eg. Someone gave it to me thinking it was a quarter.
Did they design it so poorly on *purpose*?!)
They're worth exactly a dollar - no more, no less.
I take them on my trips to give as tips. They're more prized than the paper dollars. c.i.
I would do that, but they would think I were insulting them with a quarter.
I think Sacagawea dollar coins are much cooler, and they won't be confused with quarters because of their coloring. I bought lemonade from some kids last summer and paid for it with a Sacagawea. The kid was thrilled, "Wow, a gold coin!" It made my day...
they are still around in large quantities. In another 50 years they may be worth $1.10 each or so. They won't do you any good, but you might do some good for your descendants by keeping them.
Why would they start to rust?
Equus wrote:In another 50 years they may be worth $1.10 each or so.
If they appreciate 10% in 50 years, an investor might be better off putting the money into a CD, even at today's ridiculously low rates!
I'll just keep them for good luck!
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