this post was submitted on 29 Oct 2024
33 points (92.3% liked)

Economy

482 readers
202 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 1 year ago
MODERATORS
sv1sjp
33
An ultra-rare 1975 dime stashed away for decades just surfaced—and sold for a whopping $500,000 (fortune.com)
submitted 1 month ago by [email protected] to c/economy
7 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Throw_away_migrator 5 points 1 month ago (1 children)

I think your math is a bit off. It's more like 56.3% annually over 50 years

[–] Waldowal 2 points 1 month ago

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.