The Disappearing Dollar told through Coca-cola Magi Cans

‪Ultra Rare MagiCans COCA-COLA Classic MAGIC Summer 1990 Promotional Can $5 Prize | eBay http://www.ebay.com/i/371946483652?roken=cUgayN&soutkn=h8YZ5i‬

Who remembers Coca-Cola Magi cans?

Probably no one!

MagiCans were a promotion from Coke that ran from May 7 - May 31 in 1990.

https://en.m.wikipedia.org/wiki/MagiCan

The promo had special cans distributed amongst normal cans of Coke with a spring loaded feature that popped out cash for lucky winners.

They looked like this:

And this:

This was another treasure hunt that fascinated me during that time period.

Although the promotion was a total disaster for Coke (read more in the wiki link) the idea that I could find one of these cans became a total obsession!

But what would I have been better off hodling from 1990?

This $5 bill:

Or $5 worth of gold:

According to an inflation calculator:

‘Prices in 1990 are 47.6% lower than prices in 2018.

In other words, $5 in the year 2018 is equivalent in purchasing power to $2.62 in 1990, a difference of $-2.38 over 28 years.”
http://www.in2013dollars.com

So that $5 bill would be worth $2.62 today. That’s assuming the bill even survived:

What about the $5 worth of gold?

Based on this number, $5 USD worth of gold in 1990 would be worth .0135 oz.

Today gold is $1346 USD per oz.

So that $5 of gold would be worth about $18 USD, over a 264% gain vs. a -47% loss in the $5 bill.

Gold is also immortal to time, so while the bill might be completely disintegrated and destroyed, the gold would be perfectly fine.

In a shocking twist....

I should have just kept the can!

Thanks for reading everyone!

Goldmatters

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

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