@mancunianstacker I just checked inflation on £15 for 50 years ago and it's only worth £256.43 in today's money, which is waaay below today's gold price. So definitely a good investment back then.

Granted, that's using the BoE Inflation Calculator: http://www.bankofengland.co.uk/education/Pages/resources/inflationtools/calculator/default.aspx

Which probably doesn't add the interest rates to your money's worth, had it been in a bank all that time accruing interest or dividends. Horrifyingly, it used to be 15% return on savings is now a disgusting 0.25% ?

http://www.bankofengland.co.uk/boeapps/iadb/Repo.asp