That would depend on the luger; $35 was a week's pay for a lot of people in 1948. Many lugers can still be had for a week's pay today.

Again, depends on the pay and the luger.;)

So your week's pay is only $350??? :p Is that take home??? :rolleyes:

$350 sounds like a good price for a worn mismatched shooter... ;)

And remember that in 1948 pawn shops were full of Lugers. There were an abundance of them and they were worth less (but not worthless).
dju

Federal minimum wage of $7.25/hr = $290/wk. Before taxes.

Just for perspective.

--Dwight

That's below the poverty level. :crying:

10 tear old children making Nike sneakers in Bangladesh make more than that... :D

Just for S&G, I downloaded the Military Pay Scale for 1971 (my last year of active duty, L/Cpl in USMC)...

http://www.dfas.mil/militarymembers/...ay-charts.html

$333.60/mo, $166.80/payday for me (L/Cpl under 2)...

I seem to recall $197/payday (every two weeks) but I was overseas at the time...Maybe overseas pay??? :confused:

Anyway, that works out to $2.46/hr for a 40 hr week...A draft beer at the Enlisted Club was $.25...

We were always broke... :crying:

My Favorite Eagles~
 

1900 US Test and 1902 Fat Barrel seem to appreciate over time~

You missed the point by going into the decimals- my point(s) were/are:
1- it depends on the "quality" of the luger- the OP did not mention if it was a POS or a Gem.
2- it depends on how much one was making in 1948 or today
3- a common, mis-matched or ugly luger may or may not be a "good" or appreciating investment.

Yes, I "make" about $350 a week now-take home, thanks to Uncle Sam.

Some people make 1000 a week, and that will buy the same luger that was $35 in 1948, JMHO.

That's sad. :( I consider myself upper-lower class (if you divide society into 9 classes).

I would get about $300 more a month except for that POS Reagan and his WEP legislation... :soapbox:

"POS Reagan"? Are you referring to President Ronald Reagan? If so, that is a sad commentary regarding perhaps one of the most significant and honorable presidents since Lincoln.

I couldn't agree more, Ron. Frankly I'm a bit shocked, but for once I will refrain from further commentary.
dju

Everyone is entitled to his own opinion, but Reagan is high on my list of "good" presidents- wish we had another one like him to vote for. JMHO.

I stand by my opinion. Reagan cost every government employee (who worked 40 quarters under SS and got a gov't pension as well) 55% less in SSA benefits. You can read about it on various web sites. Here's a quick one -

http://www.massretirees.com/wepgpo-explained

Various legislators have tried to get the legislation repealed but it's a cash cow for the government.

I am very saddened by this response regarding one of the most enlightened presidents of this era, but in the interest of civility I will refrain from further commentary.

If it was my horse that got "gored" - I'd have a different opinion too. ;)

But all in all , Reagan comes out pretty high for me.

Some folks even say the change corrected a "wrong" that gave "double dippers" too much!

Social Security was a cash cow for the government when FDR instituted it in 1935. Average life expectancy was well below the retirement age of 65.

Rons' Finest Jokes~ https://www.youtube.com/watch?v=yVYtIdUcYqY

Ronnie was the last decent president we had. Downhill ever since.

Finally there is some hope. I hope!!

Didnt Reagan sign some nfa bill so no more "NEW" full autos for us little people. Causing the price of select fire weapons to skyrocket? Jim