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Value of Old British Doubles
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Not sure why I even calculated this but…. My Army Navy 450 3 1/4 cost 46 pounds in 1902 according to the ledger. I went to on online inflation calculator and found today's value of that 46 pounds then converted it to USD.

$28,465


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Posts: 7623 | Location: Alaska | Registered: 05 February 2008Reply With Quote
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A suggestion? Value that £ 46 as gold sovereigns (the gold British one pound coin) and you get?

A sovereign has a gold value of, generously £ 240. So 240 x 46 = £ 11,040.

Now that is way cheap! Maybe another "vehicle" of comparison? Which would be a Purdey or Holland and Holland price, at that same date, for their sidelock ejector?
 
Posts: 6820 | Location: United Kingdom | Registered: 18 November 2007Reply With Quote
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For what it's worth, my Jeffery 8-bore hammerless ball and shot sold for 35 pounds in 1896. A best grade version of the same gun was 65. The barrels were subbed out at a cost of 4 while Ellis Brothers made the rest for 20, leaving a not quite 50% mark up. I always find comparisons to today's costs interesting.

Bob


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Posts: 815 | Location: MT | Registered: 14 November 2004Reply With Quote
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In my .600 book in the Jeffery ledger pages you will see the cost breakdown and markup of most .600s.
Cal


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Posts: 7281 | Location: Willow, Alaska | Registered: 29 June 2009Reply With Quote
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quote:
Originally posted by enfieldspares:
A suggestion? Value that £ 46 as gold sovereigns (the gold British one pound coin) and you get?

A sovereign has a gold value of, generously £ 240. So 240 x 46 = £ 11,040.

Now that is way cheap!


Correct. This says one of two things. Either we are paying too much for double rifles today...or gold is very cheap in relative terms.
 
Posts: 2472 | Registered: 06 July 2008Reply With Quote
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I HAVE EXPOUNDED ON THIS SUBJECT PREVIOUSLY!! I STILL THINK WE ARE IN A DOUBLE BUBBLE...AND I AM SEEING OLD ENGLISH DOUBLES COMING DOWN IN PRICE ON ACTUAL SALE PRICES...NOT ASKING PRICES!

DOLLAR IS STILL VERY WEAK TOO. I THINK ENFIELDSPARES IS NOT TOO FAR OFF IN EXAMPLE IN REAL SELLING PRICE TERMS....FOR BOX LOCKS. DROPLOCKS AND SIDELOCKS ARE MAYBE 30-50% MORE AND BEST GUNS STILL UP THERE....BUT WELL UNDER $100k....

JUST MY OBSERVATIONS!

CHEERS,


470EDDY
 
Posts: 2671 | Location: The Other Washington | Registered: 24 March 2003Reply With Quote
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