Adjusted for inflation

Whether you are a beginner or a member of the Society of Honorable Master Tinsmiths you need tools, and a pretty price must be paid. There are places to buy new such as Roper Whitney Products | Penn Tool Co or there is eBay. You can see what set prices are from the former and see there is a lot of disparity from the later. At tinsmith.us the listed price is what I would pay if I needed that specific tool. So where do I get my baseline? I have made a study of the prices found on the Roys & Wilcox Mattabesett Works Broadside price list and considering for inflation the average price of sold items is just about right as to what people are paying today. That is compared to cost when new and does not need any rehab. On the list from 1852 a Needlecase stake sold for $2,25 and a Beak Horn stake sold for $15, Those same Needle Case stakes sell, depending on condition, for between $50 and $100. That price is close to the $92 for the Needle Case and $600.81 for a Beak Horn. According to the Bureau of Labor Statistics the Dollar had an inflation rate of 2.17%. The heavy Beak Horn at $600 also needs to account for shipping. The equivalent of the $15 Beak Horn stake would have to be sold, in 1852, at $33.16 for the rate of 2.17% to be $1295 from Roper Whitney. That amount is more than I would pay.

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