Pre inflationary prices vs. The copper cent
Posted:
Wed Apr 13, 2011 12:37 amby John_doe
This is just for fun, and it makes it all seem worth it. I was looking at some prices from the early 1900's, and it all started to click. Post up some old prices!
Brand new ford car: $850
soft drink: 5c
Copper cent in times of rampant inflation: pricless
for everything else there's, well...
Re: Pre inflationary prices vs. The copper cent
Posted:
Wed Apr 13, 2011 6:05 pmby didou
here a fun little tools for that :
http://www.bankofcanada.ca/en/rates/inflation_calc.htmlyou can calculate a price by the year
ex : what would $1 in 1927 would have cost in 1956 ?
Re: Pre inflationary prices vs. The copper cent
Posted:
Thu Apr 14, 2011 10:12 pmby Know Common Cents
I grew up in small town Ohio. In about 1960, you could go to one of the local Coke machines with a dime or 2 nickels. Insert that princely sum and a bottle of Coke (the stubby bottles of about 7-8 oz, I believe) would come down the chute. Then, you'd hear the clunk, clunk, clunk of three pennies being returned to you as change. Oh yes, you were on the honor system to place the empty returnable bottle in the wooden case (rather than taking it to the corner store for the 2 cent bounty you'd receive). Haven't found anything to equal the taste of those 7 cent Cokes on a hot, hot day.
Lowest price I ever paid for a gallon of gas was 23.9 cents. That was about 40 years ago. The highest price I ever paid? Well, I guess that'll be a couple weeks from now. Not a pleasant thought.
