02 March 2020

Change

I got this coin in change:


72 years and it still spends as 25¢.

25¢ in 1948 spent like $2.68 today.

In real terms this coin is worth less than 10% of what it was worth when it was minted.

The bullion in it would bring $3.06 today, so it's actually appreciated a bit.  We're not supposed to go melting down legal currency to get the metal out though.

If it were in average shape it'd be worth $6 as a collector piece, up to $50 if it were in mint condition.

Unfortunately, all of the people who've owned this coin for its entire life just used it as a quarter and put it in their pockets or purses without regards to future collectors and numismatists.

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