When I first started writing about coins professionally in 1965, the Dow Jones Industrial Average topped out the year at 911 on its way to 792 the following year. Corporate bonds paid out an average of 4.49 percent according to Moody’s, which quoted the rate for corporate Aaa bonds. Treasury bills (government obligations of more than a month in duration) were averaging about 3.93 percent, on their way, thanks to the Vietnam War, to 4.76 percent the following year, and the Standard & Poor’s 500 average was an odd-sounding 92.43 (on its way to 80.33 in 1966).

Read Full Article

Related posts:

1. Rare Gold Coins Return 39.4 Percent on Investment, But Timing Is Everything, Reports a New Online Service
2. Gold, Silver Decline in New York on Reduced Investment Demand
3. Stack’s Sells $5 Million in Americana Rare Coin Sale!
4. The gold standard – A precious metal that’s not just an investment but a worldview too
5. New Book By Jeff Ambio on Gold Coin Investment Stategies Due Out in January
6. David Lawrence Rare Coins Auctions to Offer the “Picky Collection” of Bust Coins
7. CLASSICAL COLLECTORS’ NEW YEAR TRUMPETED IN WITH THE LAWRENCE R. STACK COLLECTION OF ANCIENT GREEK COINS
8. The Availability of Rare Coins
9. Why Are Some Rare Coins Undervalued?
10. Five Rare Date Gold Coins With Broad Appeal