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

[Taylor Bowie]

Someone (maybe it was Ray Bryant or his sister,  Marie)  once told me that 
those printed prices on the old Red Seals really didn't indicate what they 
were selling for when new...also that many were included as bonuses when 
someone purchased an expensive machine.

Over the years I've seen so many of the damn things which have printed 
prices of   3-5 dollars that I'm inclined to believe the story.

Does anyone know the true facts about how they were sold/distributed back 
then,  and if they did indeed sell many at those ambitious printed prices?


Taylor



----- Original Message ----- 
From: "Mike Daley" <mikedaley at gmail.com>
To: "78-L Mail List" <78-l at klickitat.78online.com>
Sent: Saturday, June 04, 2011 12:46 PM
Subject: Re: [78-L] Price $7.00 for Single Sided 12" 1912 Victrola Record?


> 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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