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-   -   Gold At 7.4 million dollars an ounce?? (https://gfy.com/showthread.php?t=1049470)

Caligari 12-12-2011 06:50 AM

Gold At 7.4 million dollars an ounce??
 
Actually 26.66 grams worth 7.4 million-
http://news.yahoo.com/ap-exclusive-r...082110448.html
Quote:

Minted by Ephraim Brasher, a goldsmith and neighbor of George Washington, the coin contains 26.66 grams of gold — slightly less than an ounce. Worth about $15 when it was minted, the gold value today would be more than $1,500.
The original value of the coin minted in 1787 was 15 dollars, which if you adjust for inflation is around 450 bucks today, of course adjusting for gold prices about 1500.00.

If anyone watches Boardwalk Empire set in the 20's, Nucky gets a new lawyer who wants to charge him 80 dollars an hour, which at today's adjusted rate would be about $905.00.

(this is according to the inflation calculator on this page http://www.coinnews.net/tools/cpi-inflation-calculator/ so i am sure it's approximate)

900 bucks an hour....for a lawyer.........:helpme

.

Fletch XXX 12-12-2011 07:03 AM

niiiice....

Hentaikid 12-12-2011 07:06 AM

It's the old wanted poster problem, if the cowboys in the movies went after the bad guys dead or alive for a 150 dollar reward, people would laugh

sponsorpimp 12-12-2011 07:12 AM

Nice find :thumbsup

Lykos 12-12-2011 07:33 AM

That's sick indeed!

JFK 12-12-2011 10:03 AM

Quote:

Originally Posted by Caligari (Post 18623547)
Actually 26.66 grams worth 7.4 million-
http://news.yahoo.com/ap-exclusive-r...082110448.html


The original value of the coin minted in 1787 was 15 dollars, which if you adjust for inflation is around 450 bucks today, of course adjusting for gold prices about 1500.00.

If anyone watches Boardwalk Empire set in the 20's, Nucky gets a new lawyer who wants to charge him 80 dollars an hour, which at today's adjusted rate would be about $905.00.

(this is according to the inflation calculator on this page http://www.coinnews.net/tools/cpi-inflation-calculator/ so i am sure it's approximate)

900 bucks an hour....for a lawyer.........:helpme

.

900 bucks an hour fror a top lawyer is not that much , you get what u pay for :2 cents:

PornMD 12-12-2011 10:16 AM

Quote:

Originally Posted by JFK (Post 18623916)
900 bucks an hour fror a top lawyer is not that much , you get what u pay for :2 cents:

I'd imagine lawyers probably weren't as common then as they are now either.

Caligari 12-12-2011 10:26 AM

Quote:

Originally Posted by JFK (Post 18623916)
900 bucks an hour fror a top lawyer is not that much , you get what u pay for :2 cents:

Actually it is:2 cents:
Top corporate lawyer in U.S. billing at 1,250.00 an hour, and that is the TOP.
"Kirkland & Ellis lawyer Kirk Radke has emerged as one of the nation’s most expensive lawyers, court filings suggest.
Radke, a private equity and corporate lawyer, charged hourly fees of $1,250 in early 2010, the Wall Street Journal reports. He is one of an increasing number of top lawyers billing more than $1,000 an hour."
http://legalbillreviewerblog.com/201...lling-barrier/
http://www.abajournal.com/weekly/art...ling _barrier

2intense 12-12-2011 10:27 AM



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