Wednesday, June 11, 2008
Annals of numismatics: Coin collectors make the big time
In case you had not noticed, hard assets are on a tear. When bizarrely realistic cartoons about coin collecting make it into The New Yorker, you have to wonder whether inflation is re-entrenching itself into our economy.
And, yes, coin collectors really do talk shop just as depicted above.
2 Comments:
By 
, at
Thu Jun 12, 09:00:00 AM:
When I went to summer camp as a child I would get $5 in spending money for candy and soda. My father said I could have the money left over so I didn't buy anything from the camp store. When I got home I walked down to the Garden Grove Coin Shop and bought a silver dollar. Over the years I bought 5 of them, from 1889 to 1924. When my children reached 18 I gave each of them one of those dollars. Somehow, I wound up with 5 children. I wish all of my investments paid off as handsomly.
By 
Cardinalpark, at
Thu Jun 12, 01:19:00 PM:
actually, new yorker cartoons are pretty good at calling market tops...seriously...i won't do the research on it, but my old man was a fanatic about pointing it out and he was right...
