QUOTE(fibreglass_works @ Sep 17 2007, 09:05 AM) [snapback]372475[/snapback]
Comparing such pricing to my currently purchasing sure put my wife jump up high. I used to keep ad but have kept them away fearing my wife seeing them........Any one Care to sell me with "That kinda of price"? Do give me a Pm soooooooooon.
I silenced most of my wife's complaints about pens and pricing with my reference to the coffee scale. In 1941, when the Parker 51 was introduced, I believe the price point was $12.50. At the time, a cup of coffee, with free refills, was $0.05. Likewise, a Coke was also a nickel. If you figure how many cups of coffee (or Cokes) you would have to forgo to get a P 51, it works out to 250. So, take the multiplier, 250, times the current price for coffee or Coke (in a restaurant). Say $1.65 for a tall at Starbucks, or nearly the same at a sitdown restaurant for bottomless coffee, or bottomless soft drinks, and the $12.50 in 1941 dollars would jump to $412.50.
For broader comparisons, minimum wage in 1941 was $0.30 per hour, and average annual wage was $1,492, or $0.72 per hour. Current Federal minimum wage is $5.85 (higher in CA) and according to BLS (Bureau of Labor Statistics) average annual wage is $34,819.20, or $16.74 per hour. So, how many hours would you have to work to buy the pen, or any other thing at the minimum, or even average wage?
Donnie