You are viewing a single comment's thread from:
RE: September 16, 1908: The Birth of General Motors
Interestingly that $2,000 William Durant spent back in 1908 would now be roughly $52,631 in current US dollars.
Back in 1908 an ounce of gold was priced at $20.67 making $2,000 = 96.758 ounces of gold.
At today's gold prices of about $1,316 per ounce that incorporation figure expressed in gold would be a sum of $127,334.30!