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Joined: Aug 2007
Posts: 1,348
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OP
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Anyone old enough at the time to remember? Or have a catalog from back then?
From what I know I could guess pretty close, but wonder about an exact number.
Just curious. About 20 years before my time.
Thanks
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Joined: Jan 2010
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Campfire 'Bwana
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Campfire 'Bwana
Joined: Jan 2010
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If you put Taco Bell sauce in your ramen noodles it tastes just like poverty
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Joined: Aug 2010
Posts: 48,106 Likes: 9
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2010
Posts: 48,106 Likes: 9 |
I'm not that old, but I'm going to throw out a wild guess. How about $130.00????
I try to stick with the basics, they do so well. Nothing fancy mind you, just plain jane will get it done with style. You want to see an animal drop right now? Shoot him in the ear hole. BSA MAGA
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Joined: Aug 2007
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Campfire Regular
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Campfire Regular
Joined: Aug 2007
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Thanks Kingston. $109.50 in 1951. That is an interesting catalog.
My guess would have been like bsa, just a tad higher.
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Joined: Oct 2011
Posts: 1,935
Campfire Regular
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Campfire Regular
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Sometime in the '74-'76 period I paid about $135 for a new Ruger M77 .270. I don't remember M70's being priced much differently. At the time, I felt the Ruger was the better gun, and I still think I was right . . . at the time. So, let's call it '75. Given the 24 years from '51 to '75, and despite inflation not being bad (?), I must say the $109.50 number seems high to me. Not disputing, only commenting.
Clinging to guns & religion since 1959
Keyboards make people braver than alcohol
Election Integrity is more important than Election Convenience
Washington Post: "Democracy Dies in Darkness" More correct: "Killing Democracy Faster Than Darkness"
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Joined: Feb 2016
Posts: 40
Campfire Greenhorn
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Campfire Greenhorn
Joined: Feb 2016
Posts: 40 |
1950 prices were $109.50 for a standard & $162.50 for a super grade. add $15 for lyman 48 sight.
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Joined: Oct 2011
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Campfire Regular
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Seems high, but I don't doubt the knowledgeable posting are correct. So, a bit of a hijack, but related. Can anyone tell me the MSRP in 1975 for: Winchester M70 standard Remington M700 BDL Ruger M77
Those were pretty much the Chevy, Ford, and Dodge "pickup trucks" of the hunting rifle world at the time.
Clinging to guns & religion since 1959
Keyboards make people braver than alcohol
Election Integrity is more important than Election Convenience
Washington Post: "Democracy Dies in Darkness" More correct: "Killing Democracy Faster Than Darkness"
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Joined: Nov 2009
Posts: 1,839
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I bought a .243 featherweight in 63,139.00, a weeks wage .my post 70 I bought in 1968 in 338 was 169.00,my super Blackhawk was 116.00.
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Joined: Oct 2011
Posts: 1,435 Likes: 1
Campfire Regular
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Campfire Regular
Joined: Oct 2011
Posts: 1,435 Likes: 1 |
Extrapolating rather than answering. In those days of yore, mid-sixties, working & going to school. Guns not even on my budget horizon. But as even now we nostalgically lament the 'deals'... As 60n148w, notes above - personal spending power probably most personally relevant in those prior eras. Then too, what about the plethora of things competing for our dollars! Just in electronics...! But moving on, the final 'consideration in the (pick a date) dollar as adjusted to present value. For instance:
To calculate inflation between 1951 and 2016, start with the CPI inflation formula:
CPI in 2016 CPI in 1951 * 1951 USD value = 2016 USD value
Then plug in historical CPI values. The U.S. CPI was 26 in the year 1951 and 240.007 in 2016:
240.007 26 * $100 = $923.10
The "purchasing power" of $100 from 1951 is $923.10 in 2016.
SOURCES: "The Bureau of Labor Statistics' annual Consumer Price Index (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University "...AND GOOGLE!
So, the actual purchasing power of that $100 in 1951 is now about $925. So now, calculate how many of the pre '64 Winchestr Model 70 rifles that firm could presnetly manufacture & sell for something just less than $1K. The answer 'ZERO'.
The generalization that "average" Americans have much greater purchasing power now than in 1951. For most of us, just "too much stuff, too little time! My take
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