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I’ll never understand why anyone would spend half a million on a dime with no s.
Anyone else find it slightly annoying that the main picture Fortune chose for this article is a 2005 dime?
Extremely annoying.
That’s about 4.38% annual return over 40 years. Not terrible, but could have done better investing in something else.
I think your math is a bit off. It’s more like 56.3% annually over 50 years
My numbers are off, but I think you missed the part where they paid $18,200 for it. I had used the inflation-adjusted $90k previously. Using $18,200, the ROI is 8.64% - which isn’t too bad.
1975? Not even silver…