Thomas louis

1913 · 018086 — New York City: Thomas L. Elder 1913. First Edition . Printed Wrappers. Very Good. 163 Pp Index At Rear. Softcover Catalog. When An Uncirculated Colonial Cent Was Worth 25 Cents. Torn 1/2" At Top Of Spine 1" At Bottom But With Just A Tiny Loss Cover Detached But Can Be Easily Re-Glued To Spine Of Page Block. A Very Clean Copy. Rare Coins Usually Not So Rare And Of Little Interest Sometimes Historically Revealing Have Values Which Provide An Independent And Depressing Measure Of Inflation As An Unchanging "Consumer" Item Over Time Whose Value Fluctuates But Generally And Inexorably Up Despite Sometimes Dramatic Shifts Over Ranges Of A Decade Or Two Continuing A Perpetually Dramatic Upward Trend More Like Land Values Than Houses And Such And Without The Trendiness Issues Of Art And Other Collectibles. It Is Meaningless To Track Statistical Issues Such As Labor As A Wage Laborer Today Has More Knowledge Understanding And Reasoning Ability Than Most Successful Men Of A Century Ago Who Placed In A Position Of Responsibility Now Would Soon Be In Jail Or Fired Or Worse. This "Rare Coin" Inflation May Be In The Area Of 100000% Over A Century Or 16% A Year Meaning All Stock Or Bond Investments Except In The Most Successful Innovative Companies Are Worthless As Inflation Hedges- Which Is Why There Are Always Ready Sellers To The Gullible Public. <br/> <br/> Thomas L. Elder unknown