Originally Posted by
unknownk
So a decent suit and 2 pairs of shoes cost $1650 these days, don't think so. Actual ancient gold coins were very small, kind of like a 1/10th ounce coin and it wasn't exactly 99.999% pure either (I guess you meant one of those instead of a ounce). People invest in gold because you get no interest at the bank for deposits and everything else is a scam (stocks, municipal bonds for bankrupt cities and states, etc).
I think you are not taking into account the market you are buying you suit. Youngstown and Dayton a 400.00 suit is a good price. In Roam, New York, or Washington DC 1200.00 is about right. Besides a 400.00 suit is an OK one not a decent one.
The gold you buy today is not 5-9's either except for analytical gold or the Canadian 5-9 maple leaf. gold has been refined to pure for a very long time.
Analysis of the Roman aureus shows the purity level usually to have been near to 24 carat gold in excess of 99%.
Aureus - Wikipedia, the free encyclopedia
Eric
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