Jun 222013
 

Guess what I found on Ebay. Money! But not just any money. It’s a 1923 one dollar bill. Spent $30 but I think it’s well worth it  (゜∀゜) I scanned both sides of it below right. Click to enlarge.

13_06_1923banknote1dollarThe face value is a dollar, meaning worth the same as a loonie if I decide to spend it. But back in the 1920’s $1 could actually buy approximately $13 worth of stuff in today’s dollars. Interesting to see the effects of inflation over many decades.  The market price of this banknote today is $38 according to one banknote pricing guide online. Since its value appreciates faster than inflation, this banknote is sort of a long term investment in a way 😀 Returns aren’t great but at least it’s tax free.

This is by far the oldest thing I now own lol. People over the years have exchanged this particular piece of paper for food, services, and other goods. It’s still in fine condition but the fact that it’s been well circulated gives it character 😀 During the economic boom known as the roaring 20s it could have been used to start a million dollar business. During the great depression when the unemployment rate was over 20% perhaps this dollar was used to buy food for a starving family so they could have something to eat that day. Who knows how many countless hands have touched this banknote, maybe even someone famous. It’s probably traveled around the whole country, and now it’s with me 🙂

The 1923 banknotes were eventually replaced by a new design in 1935 but during it’s time of circulation the world was a very difference place. Black and white movies like “Metropolis” were the pinnacle of cinema, even though they had no sound, lol. Jazz was the hippest music to listen to 🙂 And the first radio station to broadcast programs in all of North America was a Canadian station in Montreal. Women also fought and won their right to vote. Before this period in time women couldn’t even hold public office (appointed positions.) Here’s a look at what life was like in the 1920s. Continue reading »

Nov 222012
 

Last Friday I was watching the news and heard that Hostess was going out of business. If you’ve ever watched Zombieland you’ll know that there are some people who would do just about anything to get their hands on a Twinkie. I thought I’d better buy some while I still can. So over the weekend I rushed to the Superstore, a Loblaw company, and bought some Twinkies. (pic below) I paid $4 for each box of Twinkies. My plan is to sell these endangered delicacies some day and make a profit 😀

Investing in Hostess Twinkies

A couple days ago Hostess had one last chance to make a deal with the Bakers Union, but ultimately the two parties failed to come to an agreement. Over 10,000 employees who work for the union will have to be let go. It’s always sad to see so many people lose their jobs and I know it’s a devastating event for their local communities :0( I can only hope someone else will buy the Twinkies trademark from Hostess and get people back working again 🙂 This story has been getting a lot of attention in the media and has become very popular on Google trends.  So how much can I sell my rare boxes of golden deliciousness for? Here are some recent listings on eBay.

Ebay listings of Twinkies

 Wow, pretty good profit! However just because a seller is asking for a certain price doesn’t mean a buyer will pay that much for it. So let’s take a look at some actual sold listings, to give us a better understanding of the current market price of Twinkies.

Twinkies sold in Canada

Although there’s always the possibility of fake bidders on eBay, there were multiple people with feedback scores over 100 bidding on these items so they appear to be legitimate auctions. On average it seems I could sell my Twinkies for $10-$15 per box. That’s at least a 150% return on investment \(^_^)/ Not too shabby. If you want to invest in Twinkies like me, I recommend you go to your local supermarket at your earliest convenience and pick up a few boxes before they run out.

If they’re fetching for this much today, imagine how much they’ll be worth in the future (゜o゜) I plan to eventually sell a couple boxes to a museum, break open a box at my wedding, donate a box to charity, and pass down the rest to my heirs (If I have any) This is probably the most ridiculous investment idea I’ve ever had (>_<), but even if it doesn’t work out financially, I still have the option to just eat them right? 😀 We all know the real shelf life of a Twinkie is something like 100 years or so.

Am I sitting on a gold mine of yellow bars filled with creamy richness :D, or do I just have boxes of an empty promise 🙁 I guess we’ll see what happens….

Enjoy the Twinkies while you still can