Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Who here remembers when they were 25 bucks?? Passin' big-time ...pass
I don't recall that, and I'm in my 70's. But having collected old guns for over 50 years makes buying almost anything these days tougher. Remembering what certain guns used to cost always affects my purchases these days. I look at guns I bought for $150-$200 back decades ago, and see similar guns today at $2k-$3k, and just shake my head. I still buy guns for my collection, but it's a lot fewer, and a lot tougher to fork out what most cost now.Who here remembers when they were 25 bucks?? Passin' big-time ...
(no I didn't read the whole 7-page thread)
Probably. And often now accompanied with a plastic stock, compared to nice wood back then. Wonder how much an injection molded plastic stock costs Ruger to make on a high production run rifle like the 10/22, compared to a finished wood stock?I'm old enough to remember the first issue of the 1022 and it was 69.95 for the carbine and 79.95 for the monte carlo stock version.
Now it's, what?, over 300?
Jack
Just before Covid they could still be had under a hundred.I'm old enough to remember the first issue of the 1022 and it was 69.95 for the carbine and 79.95 for the monte carlo stock version.
Now it's, what?, over 300?
Jack
I think you mean 200?Just before Covid they could still be had under a hundred.
Keep in mind the CPI is heavily skewed towards food products and factory farms and food manufacturing techniques have pretty much decimated that model. Apples and oranges . $2500 in 1970 money is more like $40K in 2023 dollars. I do essentially the same job my dad did in 1973 and I make about 10X as much and have essentially the same standard of living.I often feel the same, until I remember that a dollar isn't always a dollar. When I punch the numbers into an inflation calculator, I realize that things haven't changed near as much as it seems.
What I paid for something 30 years ago is completely irrelevant. That $200 I paid for a gun back then is equivalent to about $430 now. On top of that, my income was extremely low back then, so I personally can probably better afford $1000 now, than I could $200 back then.
It's easy to get hung up on numbers, and miss the bigger picture.
A colt still costs an ounce of goldI've always related gun purchasing power to monthly income, and this hasn't changed much for over a century. Back in the late 1800's a quality lever action rifle, single shot rifle, or handgun cost the average worker a month's pay. So today's prices are actually a bargain compared to new prices back then.
But collectible firearms defy this theory, as if those same old guns that cost $20 in the 1800's are still around for sale today, they often sell for well over a month's pay now. I see numerous late 1800's collector guns selling for $5k-$25k, depending on make, model, condition, and collector interest.
I was told (and possibly read somewhere as well) that in the early '60s – so hearsay – that they "used to be $25 from CMP." I believe that was closer to WW2, i.e. 1950s, early '60s.I don't recall that, and I'm in my 70's. But having collected old guns for over 50 years makes buying almost anything these days tougher. Remembering what certain guns used to cost always affects my purchases these days. I look at guns I bought for $150-$200 back decades ago, and see similar guns today at $2k-$3k, and just shake my head. I still buy guns for my collection, but it's a lot fewer, and a lot tougher to fork out what most cost now.
The CMP was chartered in 1996.I was told (and possibly read somewhere as well) that in the early '60s – so hearsay – that they "used to be $25 from CMP." I believe that was closer to WW2, i.e. 1950s, early '60s.
Yes, and the "what things used to cost" affects a lot of things I do. It's fun to tell teenagers the low, low prices we experienced ....
Thank you for the info!The CMP was chartered in 1996.
Before that was The Office of the Director of Civilian Marksmanship (DCM) created by Congress as part of the 1903 War Department Appropriations.
You were able to purchase M1 Service rifles from the DCM after having gone thru one of their courses. I took one of their courses at Douglas Ridge in 1990 and later purchased my first M1, but even then, I remember it being a $200-$300 bill.
-E-
Maybe a new Colt SAA is equal to today's $2000 oz. gold price, but not any that are older. Most 2nd Gen SAA, and every early SAA will cost many times the price of an ounce of gold!A colt still costs an ounce of gold
OK, new colt SAA cost an ounce of gold in 1889 and a new Colt SAA costs an ounce of gold now.Maybe a new Colt SAA is equal to today's $2000 oz. gold price, but not any that are older. Most 2nd Gen SAA, and every early SAA will cost many times the price of an ounce of gold!