Ira Smith Terre Haute

[jeff of pa]

Evansville Courier and Press​

Mon, Jul 15, 1901 ·Page 1

 

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[ken135]

Ira Smith's Hidden Gold, Terre Haute

The Indianapolis journal. (Indianapolis [Ind.]), 08 Sept. 1901...

www.treasurenet.com

 

[ConceptualizedNetherlandr]

$1 in 1901 is equivalent in purchasing power to about $36.96 today, an increase of $35.96 over 123 years. The dollar had an average inflation rate of 2.98% per year between 1901 and today, producing a cumulative price increase of 3,596.18%.

But it is not gold or such, it is still just $ -- so the big value would be in Antique, condition, grade, scarcity. And that can be huge.

So his stash was about half mil, and he was carrying on his person today's equivalent of $50k . Out in a cornfield field? Why?

My vote is BS