Archived posting to the Leica Users Group, 2010/03/21

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Subject: [Leica] Question 2 this evening: historical prices
From: passaro.vince at gmail.com (Vince Passaro)
Date: Sun, 21 Mar 2010 19:44:45 -0400
References: <11035921.1269178404419.JavaMail.root@wamui-cynical.atl.sa.earthlink.net> <19b6d42d1003211031y49e4a583vb63ea1fccca49169@mail.gmail.com> <359CDD94C715454FA87CC866171A078F@jimnichols>

Fascinating, thanks. The table is quite legible.

So, the half-car price analogy is valuable. But dig this one. I just found
an article from a 1955 Dartmouth campus newspaper announcing that tuition
(plus fees) would rise in 1956 at Dartmouth as it had at Princeton and Yale
from $800 to $980.

So back then an M3 was half the price of a new car. An M3 with summicron
lens was about half a year's tuition inthe Ivy League. And now a Leica M9
and Summicron lens would be between 10000 and 12,000; a new car decently
appointed family car about $24,000 on average; and Ivy League tuition is now
$50,000.

Ivy League tuition doubled in equivalent dollars over the next 20 years; so
that in 1975 when I started at Columbia it was $3400 but if it had stayed
only at inflation it should have been about half that.  Adjusted for
inflation 1955's M3/summicron would by 75 have been about $950.  I wonder
what an M5 with Summicron was by then?

My mother bought a new Ford Fairlane around 1970 for $2400 so I'm betting it
was $3000 at least.

More on this as I work out what it is I'm thinking about....

Thanks to all for comments.



On Sun, Mar 21, 2010 at 1:52 PM, Jim Nichols <jhnichols at 
lighttube.net>wrote:

> Vince,
>
> I have the November 1955 Leica Product Directory.
>
> Catalog    Code
> Number    Word                       Item Retail Price
> ******    ******    ********************************        ********
> 10,150    IGEMO    Leica M 3 without lens $288.00
> 10,155    IMARO    Leica M 3 with 50mm Elmar f/3.5 lens 348.00
> 10,161    ISUMO    Leica M 3 with 50mm Summicron f/2 lens
> 447.00
> 10,165    ISAIO      Leica M 3 with 50mm Summarit f/1.5 lens 468.00
>
> Ask about any other items from this catalog that you might like for your
> collection, and I will be happy to look them up for you.
>
> Jim Nichols
> Tullahoma, TN USA
> ----- Original Message ----- From: "Vince Passaro" <
> passaro.vince at gmail.com>
> To: "Leica Users Group" <lug at leica-users.org>
> Sent: Sunday, March 21, 2010 12:31 PM
> Subject: Re: [Leica] Question 2 this evening: historical prices
>
>
>
>  Doug many thanks this has been helpful. I assume you're working off your
>> own
>> memory/records of your purchases? What does IIRC mean? And NOS?
>>
>>
>> On Sun, Mar 21, 2010 at 9:33 AM, Doug Herr <wildlightphoto at 
>> earthlink.net
>> >wrote:
>>
>>  Vince Passaro wrote:
>>>
>>> >I'm looking for actual at-the-time they were marketed dollar prices for
>>> >certain historical cameras, for a couple of academic reasons. Does
>>> >anyone
>>> >have a source/sources? For instance I would love to know M3 prices
>>> >through
>>> >the 1950s; Nikon F prices 1959 to, say, 1980; Leica prices in the 1970s.
>>> >
>>> >Any suggestions will be much appreciated.
>>>
>>> IIRC a Nikon F in 1972 or so was US$310.  NOS Leicaflex SL in 1979 was
>>> US$510.
>>>
>>> Doug Herr
>>> Birdman of Sacramento
>>> http://www.wildlightphoto.com
>>>
>>>
>>>
>>> _______________________________________________
>>> Leica Users Group.
>>> See http://leica-users.org/mailman/listinfo/lug for more information
>>>
>>>
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
>>
>>
>>
>
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
>


Replies: Reply from jhnichols at lighttube.net (Jim Nichols) ([Leica] Question 2 this evening: historical prices)
In reply to: Message from wildlightphoto at earthlink.net (Doug Herr) ([Leica] Question 2 this evening: historical prices)
Message from passaro.vince at gmail.com (Vince Passaro) ([Leica] Question 2 this evening: historical prices)
Message from jhnichols at lighttube.net (Jim Nichols) ([Leica] Question 2 this evening: historical prices)