kenn3d on Nostr: Appreciating Precious Coins In January 2017 I bought 1 gold Maple Leaf coin, and 20 ...
Appreciating Precious Coins
In January 2017 I bought 1 gold Maple Leaf coin, and 20 Silver Eagle coins from a leading dealer at a total purchase price of $1,603.89. Today with gold celebrating a new ATH, I priced these same coins again same dealer, at $3012.29. I still have the coins, and although I couldn't sell them for quite as much as today's quoted price, this represents an approximate gain of 88% (nearly twice what I paid for them). Not bad (if you ignore inflation).
I also bought my 1st Bitcoin on that same day in 2017, for $792.87. I still have that coin also but I won't sell it today either, even though I easily could, at a gain of approximately 3632% (36 times what I paid for it).
In January 2017 I bought 1 gold Maple Leaf coin, and 20 Silver Eagle coins from a leading dealer at a total purchase price of $1,603.89. Today with gold celebrating a new ATH, I priced these same coins again same dealer, at $3012.29. I still have the coins, and although I couldn't sell them for quite as much as today's quoted price, this represents an approximate gain of 88% (nearly twice what I paid for them). Not bad (if you ignore inflation).
I also bought my 1st Bitcoin on that same day in 2017, for $792.87. I still have that coin also but I won't sell it today either, even though I easily could, at a gain of approximately 3632% (36 times what I paid for it).