Contest Entry @goldmatters Family Heirloom Jewelry $100 Mene Gift Card Contest

Every time I throw a contest on Steemit I enter it myself and simultaneously disqualify myself. I do this to show an example entry for other people and to show how simple it is to enter.

Currently I am hosting a contest for $100 Mene Gift Card prize.

Here are the rules:

https://steemit.com/contest/@goldmatters/usd100-mene-jewelry-gift-certificate-giveaway-share-your-family-jewelry-heirloom-story

Here is my entry:

Mrs. Goldmatters has contributed this family heirloom to my contest. This is her grandmothers gold engagement ring presented by Mrs. Goldmatters grandfather in 1947.

The price of gold in 1947 was $43 an oz.

Today gold is $1224.

Mrs. Goldmatters grandparents were married for 70 years, a beautiful relationship spanning 7 decades of connection, laughter, support, and more than anything... love.

At the age of 20 these two got married in San Francisco and lived in the Bay Area for their entire lives, moving into their house in the early 50’s.

When they went to get their marriage license, they were told it would cost them $1.

They looked at each other and asked if either had a buck.

Neither did.

They had to go back to their parents house and borrow a dollar. As the longevity of their marriage proved, it was the best investment they ever made.

For reference, lets look at what happened to that $1 from a monetary perspective in two ways. The following shows how it takes more and more dollars to equal that original dollar as a consequence of inflation.

Using a basic inflation calculation, we can see that $1 in 1947 is equivalent to $11.47 today:

Another way to think about the erosion of the value of the dollar :

As I have already explained, over the 70 years of Mrs. Goldmatters grandparents marriage, gold went from $43 to over $1200.

The gold in their engagement ring became far more valuable than the fiat they used to pay for it. It is for this reason that my own proposal to YOU is that we start using 24 karat gold jewelry for every engagement:

https://steemit.com/mene/@goldmatters/diamonds-aren-t-forever-3-quick-reasons-to-propose-with-mene-instead

We should all be so lucky as to have as many good years as Mrs. Goldmatters grandparents. With the pure element of 24 karat gold, we can ensure that a Mene piece bought today will shine through the ages and be passed down forever.

Love and gold have gone together as eternal entities as far back in human history as we know, proven again and again over time.

It’s your turn to be a part of that story.

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Part of my contest rules are to have a photo of yourself with the heirloom. I am letting Goldmatters Jr be my proxy:

I am also tagging @jbcoin @alphasteem and @travelgirl , I want to hear your family jewelry heirloom stories :)

MENE has begun trading on the TSX under the symbol: MENE

Earn $5 in Mene credit for signing up for Mene with this invite link:

http://mene.com/invite/JrT26p

Sign up for steemmonsters: https://steemmonsters.com/?ref=goldmatters

Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.

To find out more about what Menē 24 karat gold and platinum investment jewelry is from your fellow Steemians :
https://steemit.com/steemit/@goldmatters/what-in-the-world-is-mene24k-35-well-researched-blog-style-essays-contest-winners
Or
https://steemit.com/mene24k/@goldmatters/what-is-mene-24-karat-platinum-and-gold-jewelry-valentine-s-day-gift-winner

To find out more about what Goldmoney is from your fellow Steemians : https://steemit.com/contest/@goldmatters/what-in-the-world-s-goldmoney-winners

To sign up for a Goldmoney Holding start here: https://www.goldmoney.com/w/goldmatters

For Menē 24k investment jewelry here: http://Mene.com/invite/JrT26p

I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.

All images sourced from Menē and Goldmoney.

Read more about Goldmoney: https://steemit.com/@goldmatters

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

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