Thread Number: 20353
Price went up
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Post# 227991   4/11/2013 at 19:26 (4,024 days old) by chan55 (Green Bay, WI)        

There is a Sunbeam canister on ebay, starting bid is 49.00. I remember when that vac sold for 26.99 at the store I worked in 1973, because I sold one to my cousin.
Isn't it strange how the price went up?


Post# 228013 , Reply# 1   4/11/2013 at 20:44 (4,024 days old) by stricklybojack (Southern California)        
Or

stricklybojack's profile picture
the value of the dollar has gone down perhaps...

Post# 228024 , Reply# 2   4/11/2013 at 22:00 (4,024 days old) by d-jones (Pittsburgh)        

As Robert suggested, it has more to do with the dollar than anything else. In 1973 a Hershey bar cost 10 cents, so for $26.99 you could buy two hundred and sixty nine of them and have nine cents left over. Today a common price for Hershey bars is 79 cents, so it would take two hundred and thirteen dollars to buy the same number of them, meaning the equivalent value of $26.99 in 1970, is about $213.00 today, and today's $49.00 is equivalent to about $6.20 in 1973. It's pretty sad when you think about it.




This post was last edited 04/11/2013 at 23:56

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