A tale of 2 ‘silver’ coins

Posted | 21/08/2013 / Views | 4209
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Our now retired Brian Engeman often told his story of 2 coins… A 1966 50c piece and a 2013 50c piece.  The former was made of 1/3 Oz of silver, the latter worthless ‘tin’.  The former would buy your lunch in 1966… and worth about $8.50 now in silver, it still does.  The latter might buy the sauce to put on the 2 pies you just bought with your 1966 50c piece.  It’s a great lesson in money v currency over the long term coinciding with a 5 day period that saw silver rise 13%.  We saw this photo which also puts it nicely in US terms too…