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It was 1929 and bankrupt investor Walter Thornton tries to sell his luxury roadster for $100 cash on the streets of New York City following the stock market crash.
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View Reddit by goodbtc – View Source
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It was 1929 and bankrupt investor Walter Thornton tries to sell his luxury roadster for $100 cash on the streets of New York City following the stock market crash.
He was a model and owner of a modeling agency. This photo is staged propaganda.
That car likely cost him anywhere between $600-$2000 brand new. So that’s major depreciation if he’s selling it for $100.
Will give ya 10,000 sats!
The OG degen
https://en.wikipedia.org/wiki/Walter_Clarence_Thornton#Legacy
The fact that you can buy a vehicle like this with a couple of bills is insane to me.. can you imagine people walking around with couple hundred in their pocket or something it’d be insane. At this point accidentally losing $1 bill would be a blow
He still there? I’ll buy it
is it still for sale? Looks like a good deal to me.
Another orchestrated crash.
Probably fake, but okay… In 1929, the dollar had a definition: A measured amount of silver. Take that hundred dollar bill to the Fed window and get 2673 grams of silver. No, really!
That’s not todays $, now is it?
OG buy high sell low
What’s dumbass. If he held on to that car for another 80 years, he’d have thousands of dollars
Few understand
That’s like selling a car for $2,000 or $3,000 nowadays. Like that’ll ever happen….
Looks fake
Fun fact: that $100 is only worth $3 today!
94 years have passed and I still have zero fucking sympathy for those ass holes
Sounds like a good future alias