[DeaconBenjamin]

Thank you. So, if you had a 1913 $5 gold piece, and sold it for scrap gold value today, you could buy nearly three times as much in groceries as you could in 1913. Very interesting.

Indian Half Eagle 1908-1929 $290.96

Gold Coin Value Guide

[snowsislander]

Thank you. So, if you had a 1913 $5 gold piece, and sold it for scrap gold value today, you could buy nearly three times as much in groceries as you could in 1913. Very interesting.

You are welcome.

As to the factor of three increase in buying power from 1913, the answer is yes, it does seem to exist. I would attribute much of that increase to our far greater efficiency in production for commodity items.

For what it is worth, I used typical prices from a standard grocer. I have no doubt that virtually of those items could be bought for less by shopping discounters and member clubs such as Costco, further increasing that factor.