The Elder Rare Coin Book [An Unintended Inflation Gauge]

Language: English

Published by Thomas L. Elder, New York City, 1913

  • First Edition
  • Softcover
  • Used
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Seller: Arroyo Seco Books, Pasadena, Member IOBA, Pasadena, CA, U.S.A.Arroyo Seco Books, Pasadena, Member IOBA

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AbeBooks seller since August 25, 1999

Association member: IOBA

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Softcover

Condition: Used - Very good

US$ 139.73

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Item description from seller

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 100,000% 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.

Seller Inventory # 018086

Bibliographic details

Title
The Elder Rare Coin Book [An Unintended Inflation Gauge]
Author
Elder, Thomas L.
Publisher
Thomas L. Elder, New York City
Publication year
1913
Condition
Very Good
Binding
Printed Wrappers
Language
English
Edition
First Edition
Seller catalogs
Art and Artists (General), Economics and Business

Arroyo Seco Books, Pasadena, Member IOBA

Pasadena, CA, U.S.A.

4-star seller

AbeBooks seller since August 25, 1999

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Store description

Fine and unusual first editions and out of print books in all categories. Original photographs, Fine antiquarian and other original prints, paintings, drawings and watercolors. Motion picture and television scripts. Ephemera, Manuscripts and autographs. In business on the internet since 1999.

Specialty

Scarce books in all fields. Original photographs, Fine antiquarian, Original antiquarian prints (woodcuts, paintings, Motion picture scripts, drawings and watercolors, paintings, graphics, out of print

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Arroyo Seco Books, Pasadena, Member IOBA

CA, U.S.A.