"Shoot through a tree"

[John Sabato]

"Back in the middle or late "60's" I remember a recurring add that appeared on the back page of one of the gun magazines for German Luger's and C96 Broomhandles, the prices listed were, I believe, $25.00, $29.00 and $35.00."

That ad was probably a "Hunter's Lodge" ad... they used to appear in LOTS of gun magazines including the American Rifleman... I remember dreaming back them, 'If ONLY I could by a thousand dollars worth of those Lugers and P.38's...' ...of course our late friend Ralph Shattuck... took my idea and ran with it!

[Vlim]

The gentlemen on the left are Albert Vickers and Sigmund Loewe, whose other claim to fame was to be one of the first to get themselves killed in a car crash.

[Arizona Slim]

I think you hit the nail on the head John, I joined the NRA and received the American Rifleman around that time (still belong) and I bet that's where I used to see the ad, thanks.

Lon

[SIGP2101]

Originally Posted by Arizona Slim

That would make a $25.00 item worth $149.60, ....

Lon

Your math is not correct, you just calculated 25% out of 598.4 when in fact you had to multiply $25 by 598.4 rate of inflation which also won't be correct because it will not take into account compound effect of inflation over the years.

[Arizona Slim]

Joe, I did multiply the price of the Luger, $25.00 by the rate of inflation which I believe was 598.4% and that is how I arrived at a price of $149.60 as of last Nov. As far as taking the time to calculate the compound effect of inflation over a period of nearly 42 years it just wasn't worth the effort I was just looking for a ball park figure but thank you for your input. If you would like to do that I would appreciate your effort, I think it would be interesting to see the final figure. Thanks, Lon

[SIGP2101]

Originally Posted by Arizona Slim

Joe, I did multiply the price of the Luger, $25.00 by the rate of inflation which I believe was 598.4% and that is how I arrived at a price of $149.60 as of last Nov. As far as taking the time to calculate the compound effect of inflation over a period of nearly 42 years it just wasn't worth the effort I was just looking for a ball park figure but thank you for your input. If you would like to do that I would appreciate your effort, I think it would be interesting to see the final figure. Thanks, Lon

Using simple compound formula for 42 years and your numbers we arrive at:

$6065.66

[Jack Lawman]

According to the Historical CPI-U Data the rate of inflation from Jan. 1970 to Nov. 2011 (last available), the rate of inflation was 598.4%. That would make a $25.00 item worth $149.60, a $29.00 item $173.40 and a $35.00 item 209.44. Still not a bad price for a Luger or a C96 Broomhandle.

In 1986 I could have bought one share of Microsoft at its opening day close of $28.00. Instead I went to the movies with a girl I don't know anymore.


... and that's not counting dividends!

Jack

[LugerMan.com]

Originally Posted by alanint

Whatever happened to backyard fun like this?? 8^)

ran out of trees ...