good question, and yes it will buy the same amount. Around 1900, a 20 dollar gold piece would buy you a nice men's suit made to fit. This year one oz. of gold will buy you that same suit. The value of the dollar continues it's downward spiral every time the nice government men pass another multiple trillion dollar spending bill. If Biden takes control that will continue, and the dollar will be decimated. Historically people have jumped into silver/gold when the dollar value falters. They go up as the dollar declines. We are in for some major jumps in silver/gold if Biden gets inaugurated...