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New Colt SAA for $288.50


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Boy, that made you look didn't it?

 

I was cleaning out some old magazines and came across a 1976 catalog from Mt. Vernon Sporting Goods, Mt. Vernon, Illinois. Here are some following prices:

 

Colt Single Action Revolver $288.50 in .45LC

Colt Gold Cup .45 ACP $285

Browning S/S $354

Ithaca S/S $324

Marlin 1894 Carbine .44 mag $134.95

Ruger Blackhawk $119

 

Yes, why didn't we buy a truck load of them!!

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Boy, that made you look didn't it?

 

I was cleaning out some old magazines and came across a 1976 catalog from Mt. Vernon Sporting Goods, Mt. Vernon, Illinois. Here are some following prices:

 

Colt Single Action Revolver $288.50 in .45LC

Colt Gold Cup .45 ACP $285

Browning S/S $354

Ithaca S/S $324

Marlin 1894 Carbine .44 mag $134.95

Ruger Blackhawk $119

 

Yes, why didn't we buy a truck load of them!!

Because I was making less than $5 an hour, was in college, owed everyone, and had a wife and kid.....thats why.

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I just ran an inflation calculator on a couple of them that are somewhat available (1976-2014):

 

$288.50 = $1,183.59

 

$134.95 = $553.64

 

$119 = $488.21

 

A $5/hour salary ($10,400 annually) now equals $20.51/hour ($42,660 annually).

 

Looks like good old inflation is always taking its toll.

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Must have been some Ithaca! I knew that Ithaca made some high-grade guns that are not likely listed in catalogs, lile the JP Sousa Trap model.

In the 1880s a Colt SAA or a Winchester 1873 had a base price of around $15, or about two weeks of workman wages. That compares pretty well to today's prices and wages. The exception is that if a Win 1873 was bought in 1880 with a pistol grip (+$2) and Grade I engraving (+15) then the current value is much higher.

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Back in the mid-70 into the 80s, I had an FFL. I did most of my business with a local distributor. I'd pick up my orders rather than have them shipped. Often I was offered special prices for odds and ends. Some I bought and some I passed on. I bought two Colt New Frontier 22s for $80 something each. They were discontinued so the distributor wanted them out of inventory. Same with a Ruger Old Army SST. There were others. I passed on Ruger Bearcats for $38.

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Boy, that made you look didn't it?

 

I was cleaning out some old magazines and came across a 1976 catalog from Mt. Vernon Sporting Goods, Mt. Vernon, Illinois. Here are some following prices:

 

Colt Single Action Revolver $288.50 in .45LC

Colt Gold Cup .45 ACP $285

Browning S/S $354

Ithaca S/S $324

Marlin 1894 Carbine .44 mag $134.95

Ruger Blackhawk $119

 

Yes, why didn't we buy a truck load of them!!

 

You oughtta be sued for making me look twice. :angry:

 

:lol:

 

 

Waimea

 

:FlagAm:

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You would have been far better off investing the $288.50. (I remember when new Colt SAAs were a little over $100.00). The value of that $288.50 may be $1,183.00 adjusted for inflation. However, if it was invested at even a modest rate of interest with compounding it would be worth around $10,000.00. The only guns that are "investments" are high quality collector firearms.

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Boy, that made you look didn't it?

 

I was cleaning out some old magazines and came across a 1976 catalog from Mt. Vernon Sporting Goods, Mt. Vernon, Illinois. Here are some following prices:

 

Colt Single Action Revolver $288.50 in .45LC

Colt Gold Cup .45 ACP $285

Browning S/S $354

Ithaca S/S $324

Marlin 1894 Carbine .44 mag $134.95

Ruger Blackhawk $119

 

Yes, why didn't we buy a truck load of them!!

I have a copy of the Ye Old Hunter's Lodge from a 1964 American Rifleman magazine: 1911's were $44.95, Lugers at $59.95 and '03 Springfields at $29.95. And I was making $1.05/hr!

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After my marriage I worked fro 8AM-5PM for a local dairy for $1/hour then went to my "real" job as a floor manager for a local movie. I got the princely sum of $1.25 for my 6PM to 1 AM shift.

Milk was hard to buy so guns were out of the question.

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Howdy,

I clearly remember buying a 6.5 inch 22 ruger single six in stainless.

A convertible so it would shoot any 22 ammo.

$218 including tax, shipping and enuf profit that the dealer gave me a big smile

and a hand shake.

That was right around 1986 or so. I had a 357 convertible too.

So with two guns I could shoot 357, 38 special, 38 colt short, 22 std, 22 hp, 22 short, 22 magnum.

And 9mm as well.

The 357 wasn't new, so I got it for $150.

That dealer reloaded ammo for me for right around $6 a box, for 357 magnums.

 

I have never understood why the American people let the gummint get away with inflation.

A lot of folks don't even remember when a COIN could buy a hamburger.

Seems like Ronald Reagan was the last president to even think about a balanced budget.

Best

CR

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Bought a new Colt SAA .45 Cal. 7-1/2" in 1962 in Washington, DC for $98, which was my gross weekly salary. Inflation strikes again.

 

My best bargain at the time was a Brit. Webley clone and a box of .38 S&W for $18 at Montgomery Wards. A Mauser .32 was too pricy at $25.

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Howdy,

Prices from the mid 60s were paid with silver money.

I bet if you paid with silver coin, those prices would still be good.

A silver dollar is around an ounce and silver is about 18 an ounce.

So that $135 gun would be around $2400.

Maybe I didn't figure right.....?

Best

CR

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I still have my $ 119 Ruger Black hawk in 357 with the original box It cam with a 9 mm cylinder. I save up for by throwing change into a large bottle. After a year and half I added some folding money and purchased it. I had fun shooting it along with it's baby brother a 22cal SA that I paid $89 for.

 

Nawlins

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