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Vintage Worth

Mojave Jack

One Too Many
Messages
1,785
Location
Yucca Valley, California
Good thing I did a search! I was just about to post a link to this site myself. I was looking up a 1927 Stinson Detroiter and learned that it cost $12,000. Curious as to what it would run to day I found the above site. A new Stinson would still only cost $140,000! Compare that to the cost of restoring an actual Stinson Detroiter. I think $140,000 is a bargain!

http://www.thehenryford.org/museum/heroes/recordbreakers/stinson.asp

stinson_sm.jpg


Maj, can I hitch a ride back to 1927 with you? And is your time machine large enough to bring back my Stinson?
 

ShortClara

One Too Many
Messages
1,117
Location
.
I thought I was going to get to look at House of Worth clothing, *sigh*. Oh, well. Your site is cool, too!
 

pgoat

One Too Many
Messages
1,872
Location
New York City
I LOVE This site!!!

http://measuringworth.com/calculators/uscompare/

This lets you see just how much that "Knox Fifteen" or "Stetson Twenty" really went for back then!

I Use it all the time - when watching TCM, I always like to see why Jimmy Stewart drops his cigar in It's a Wonderful Life after Old Man Potter offers him a $20k/yr job....or why Ralph Kramden doesn't want his $62/wk salary to leak out...etc.

I also use it for work - looking over old archival documents you get a better sense of the type of monies that were exchanged to transact business in the past. I actually just saw where a VIP's salary was raised steadily during and immediately following WWII - but the actual value of his income went down, I imagine due to post war inflation and material shortages....

Finally, it's a good gauge when appraising or selling old items - helps you understand how much you've invested and gained or lost over time. For example I bought a limited edition, signed musical instrument for $500 in 1986, which due to collectibility appreciated in value to about $1200 in only one year. Had I sold it then, I'd have made over a 100% profit. Instead I stored it for 15 years, eventually sold it for $1200, and essentially only got my initial investment back and nothing more (the instrument never kept rising in value, in one of those odd 'collector's flukes'-go figure).
 

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