[78-L] Price $7.00 for Single Sided 12" 1912 Victrola Record?

[Mike Daley]

According to http://www.usinflationcalculator.com/ $7.00 in 1913 would be
worth $159.02 today.

On Sat, Jun 4, 2011 at 3:38 PM, <78records at cdbpdx.com> wrote:

> I was digging through some old classical 78s and found a 12 inch single
> sided red label Victrola Record (# 96200) dating c.1912 or so with a price
> on the label of $7.00.  That has to be equivalent to $300-$400 or more
> today.  There couldn't have been many of those sold.  It seems only 2 of
> this variety were released.  Not too surprising.
>
> You can view the label here:
>
> http://78rpmrecord.com/labelshow.cfm?whichLabel=2049
>
> I have 2 questions:
>
> Isn't that just about the most expensive recording ever sold in a retail
> setting, relatively speaking?
>
> What were they thinking??
>
> Thanks!  CDB
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