Luger vrs Inflation~ - Page 3

DonVoigt · 10-19-2016, 10:24 AM

Quote:

Originally Posted by Sonofeugene

My father's Luger cost him 35 dollars back in 1948. A box of ammo was thrown into the deal. Even though it's a shooter and not a collector's piece, he did pretty well.

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.

sheepherder · 10-19-2016, 11:04 AM

Quote:

Originally Posted by DonVoigt

$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.

So your week's pay is only $350???

Is that take home???

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

DavidJayUden · 10-19-2016, 11:05 AM

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

Dwight Gruber · 10-19-2016, 03:30 PM

Quote:

Originally Posted by sheepherder

So your week's pay is only $350???

Is that take home???

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

Just for perspective.

--Dwight

sheepherder · 10-19-2016, 04:51 PM

Quote:

Originally Posted by Dwight Gruber

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

Just for perspective.

--Dwight

That's below the poverty level.

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

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???

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...

cirelaw · 10-19-2016, 05:38 PM

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

DonVoigt · 10-19-2016, 08:23 PM

Quote:

Originally Posted by sheepherder

So your week's pay is only $350???

Is that take home???

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

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.

sheepherder · 10-19-2016, 08:30 PM

Quote:

Originally Posted by DonVoigt

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

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...

Ron Wood · 10-19-2016, 10:00 PM

"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.

DavidJayUden · 10-19-2016, 10:22 PM

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

DonVoigt · 10-19-2016, 10:32 PM

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.

sheepherder · 10-19-2016, 11:02 PM

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.

Ron Wood · 10-19-2016, 11:28 PM

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.

DonVoigt · 10-20-2016, 08:50 AM

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!

RichSr · 10-20-2016, 05:13 PM

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.

cirelaw · 10-20-2016, 05:49 PM

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

Pistol · 10-20-2016, 07:48 PM

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

cirelaw · 11-27-2016, 09:47 PM

Finally there is some hope. I hope!!

Jim Mac · 12-18-2016, 10:20 PM

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

10-19-2016, 05:38 PM	#46
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	My Favorite Eagles~ 1900 US Test and 1902 Fat Barrel seem to appreciate over time~ Attached Thumbnails

10-19-2016, 10:00 PM	#49
Ron Wood Moderator 2010 LugerForum Patron Join Date: Jun 2002 Location: Santa Teresa New Mexico just outside of the West Texas town of El Paso Posts: 6,986 Thanks: 1,065 Thanked 5,088 Times in 1,674 Posts	"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. __________________ If it's made after 1918...it's a reproduction

10-19-2016, 10:32 PM	#51
DonVoigt User Join Date: Apr 2015 Location: near Charlotte NC Posts: 4,677 Thanks: 1,439 Thanked 4,347 Times in 2,038 Posts	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. __________________ 03man(Don Voigt); Luger student and collector. Looking for DWM side plate: 69 ; Dreyse 1907 pistol K.S. Gendarmerie

10-19-2016, 11:02 PM	#52
sheepherder Lifer Lifetime Forum Patron Join Date: Feb 2009 Location: ...on the 'ol Erie Canal... Posts: 8,181 Thanks: 1,398 Thanked 4,438 Times in 2,327 Posts	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 like my coffee the way I like my women... ...Cold and bitter...

10-19-2016, 11:28 PM	#53
Ron Wood Moderator 2010 LugerForum Patron Join Date: Jun 2002 Location: Santa Teresa New Mexico just outside of the West Texas town of El Paso Posts: 6,986 Thanks: 1,065 Thanked 5,088 Times in 1,674 Posts	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's made after 1918...it's a reproduction

10-19-2016, 11:05 AM	#43
DavidJayUden Patron LugerForum Patron Join Date: Nov 2008 Posts: 4,047 Thanks: 578 Thanked 1,414 Times in 887 Posts	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

10-19-2016, 10:22 PM	#50
DavidJayUden Patron LugerForum Patron Join Date: Nov 2008 Posts: 4,047 Thanks: 578 Thanked 1,414 Times in 887 Posts	I couldn't agree more, Ron. Frankly I'm a bit shocked, but for once I will refrain from further commentary. dju

10-20-2016, 08:50 AM	#54
DonVoigt User Join Date: Apr 2015 Location: near Charlotte NC Posts: 4,677 Thanks: 1,439 Thanked 4,347 Times in 2,038 Posts	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! __________________ 03man(Don Voigt); Luger student and collector. Looking for DWM side plate: 69 ; Dreyse 1907 pistol K.S. Gendarmerie

10-20-2016, 05:13 PM	#55
RichSr User Join Date: Oct 2005 Location: West Texas Posts: 127 Thanks: 153 Thanked 51 Times in 35 Posts	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. __________________ Rich

10-20-2016, 05:49 PM	#56
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Rons' Finest Jokes~ https://www.youtube.com/watch?v=yVYtIdUcYqY Attached Thumbnails

10-20-2016, 07:48 PM	#57
Pistol User Join Date: Jul 2009 Location: TN Posts: 421 Thanks: 430 Thanked 214 Times in 95 Posts	Ronnie was the last decent president we had. Downhill ever since.

11-27-2016, 09:47 PM	#58
cirelaw Lifer Lifetime Forum Patron Join Date: Dec 2003 Location: PORT ST LUCIE, FLORIDA Posts: 12,216 Thanks: 6,209 Thanked 4,133 Times in 2,173 Posts	Finally there is some hope. I hope!!

12-18-2016, 10:20 PM	#59
Jim Mac User Join Date: Oct 2011 Posts: 261 Thanks: 2 Thanked 67 Times in 35 Posts	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