Real estate blog entries tagged with 1794 cent by Cornerstone Home Loans

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Home : Blogs : Evan Vanderwey, The Cashflow Coach : Cash Flow Coach : Tag "1794 cent"

1794 cent: What's a Penny Worth? - 02/19/08 08:29 AM

One Penny = $632,500 or 1 + 1 = $1,265,000
How do you like that math? That's how much a collector won at an auction last Friday in Texas. The total amount gained from the auction? $10.7 million dollars. I think most investors would consider that an infinite rate of return.
Makes you want to look through your loose change to see if there's a penny that's worth more than face value, or maybe not.
To learn more about this story, click here.

The Cashflow Coach
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Evan Vanderwey, The Cashflow Coach

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