|
|
Joined:
January 2005
Posts: 4903
Location: Phoenix AZ | Wish I had the money for this one. Looks to be in really nice shape. No reserve. Hmmm ... tempted.
MARTIN
Scroll down to the bottom. It includes the original hang tag card. Check out the original list price.
Dave |
|
| |
|
Joined:
April 2004
Posts: 13303
Location: Latitude 39.56819, Longitude -105.080066 | That is a beauty.....nice appreciation of value also! |
|
| |
|
Joined:
May 2004
Posts: 338
Location: Toronto | Go for it Dave! |
|
| |
|
Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | Let's see, assuming a dollar today has only 98% of the value it had in the 1930's, then this, adjusted for inflation should be $2500. I'm just guessing on this.
Or, you could say, based on his asking price, that the dollar has lost 400% of it's value since 1930. Another reason to put your retirement savings into guitars.
Does anyone here know what a dollar today is worth in 1933 dollars? |
|
| |
|
Joined:
December 2004
Posts: 4394
Location: East Tennessee | Wow what a beautiful instrument. :cool:
An ebay seller who posts a lot of great pics. :)
Any Martin instrument in mint condition can command a high price.
Another reason Ovations are such a bargin. :D |
|
| |
|
Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | I looked it up:
In 2005, $1.00 from 1930 is worth:
$11.68 using the Consumer Price Index
$9.73 using the GDP deflator
$37.08 using the unskilled wage
$56.79 using the nominal GDP per capita
$136.92 using the relative share of GDP
or
In 1930, $1.00 from 2005 is worth:
$0.09 using the Consumer Price Index
$0.10 using the GDP deflator
$0.03 using the unskilled wage
$0.02 using the nominal GDP per capita
$0.01 using the relative share of GDP
In 1930, $20,000.00 from 2005 is worth:
$1,712.33 using the Consumer Price Index
$2,055.62 using the GDP deflator
$539.44 using the unskilled wage
$352.19 using the nominal GDP per capita
$146.07 using the relative share of GDP
or
In 2005, $50.00 from 1930 is worth:
$584.00 using the Consumer Price Index
$486.47 using the GDP deflator
$1,853.77 using the unskilled wage
$2,839.40 using the nominal GDP per capita
$6,846.00 using the relative share of GDP
This means that, in 2005 dollars this thing, new would be 6846. If it were me, I wouldn't buy it, I'd spend 6846 on a new uke. I'd probably get shipping included.
In any event, its now out of the realm of instrument into the realm of artifact. Not for me, but it has beaten inflation. I like the fact that a dollar today is worth a penny in 1930. Feels about right. |
|
| |
|
Joined:
September 2003
Posts: 9301
Location: south east Michigan | busy day, eh Skinny Baby? |
|
| |
|
Joined:
November 2003
Posts: 11039
Location: Earth·SolarSystem·LocalInterstellarCloud·Local Bub | That's hilarious, R...
Anyway you look at it, I can't see paying what could amount to a down payment on a house for a tiny little instrument. |
|
| |
|
Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | Problem is I'm too busy, been working late recently, and lots of house repairs, and brain is taking a vacation. I gotta get some time off. In fact, I'm going home now. |
|
| |
|
Joined:
February 2002
Posts: 5750
Location: Scotland | If Skinny's figures are correct, and $50 is now worth around $6.8K, it's interesting that Martin's current MRRP on their 5k uke reissue is around $5200, street price is about $4000. So they've actually gotten cheaper, relatively speaking. |
|
| |
|
Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | Calculator for determining present value of dollar compared to the past.
If you want to find out the value of the dollar compared to the past use this. It'll give you a couple ways to look at it. I think the best way is to the one that makes it look the worst. |
|
| |
|
Joined:
May 2003
Posts: 4389
Location: Capital District, NY, USA Minor Outlying Islands | Actually, if you blend the nominal gdp and the relative gdp, which my wife says you'd use for things other than food, then the price is about the same. |
|
| |
|
Joined:
September 2003
Posts: 9301
Location: south east Michigan | Man...that's alot of cash for an instrument that gets so little respect.
I wonder what the appreciation ratio is between this type of uke and the Martin 6 strings of that era?
an4340...can you get right on that please?? An excell spread sheet will be passable but I think we would all like to see a nice power-point presentation on this. :D |
|
| |
|
Joined:
October 2005
Posts: 4075
Location: Utah | an4340, thanks a lot. Using your relative dollar calculator I just found out that I make less today than I did my first year out of college in 1982.
Where did I go wrong? |
|
| |
|
Joined:
January 2002
Posts: 14127
Location: 6 String Ranch | Dave, I'll go pick it upi for you if you wnat. |
|
| |
|
Joined:
November 2005
Posts: 4832
Location: Campbell River, British Columbia | At that price it should come with the raccoon coat and straw boater hat!
23 skiddoo! kiddo. |
|
| |
Check out THIS vintage Martin - WOW
