$190
That’s how much John Wayne paid for an AR-15 in the year of my birth. And his receipt is up for auction:
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Clips were $10.
15 Responses to “$190”
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September 6th, 2011 at 9:49 am
Unpossible! The People’s Republik Of Kalifornia NEVER allowed those Evil Black Guns into THEIR State!
September 6th, 2011 at 9:56 am
Not a direct correlation but gas as 40 cents a gallon in 1971…
Magazines can still be found for $10 but they won’t be Colt manufacture.
September 6th, 2011 at 9:56 am
OH GOD!! You used the C word….
September 6th, 2011 at 10:55 am
The sales tax rate was on 5.5%.
Under the proposed rates, starting next month in Costa Mesa the sales tax rate will be 7.75%, a 55% increase in your lifetime.
But taxes are too low nowadays.
/sarcasm
September 6th, 2011 at 10:55 am
Ooops, it was 5%. Increase and proposed rates typed correctly.
September 6th, 2011 at 10:58 am
That works out to about $1050 in todays money. According to a inflation calculator.
September 6th, 2011 at 12:06 pm
Well, $1050 is about the going rate today for a Colt 6920LE.
September 6th, 2011 at 12:46 pm
I bet John Wayne’s actual ar-15 would go for a mite higher than today’s retail cost…
September 6th, 2011 at 2:36 pm
Clips
September 6th, 2011 at 3:42 pm
You can now buy 5.56 clips for about $0.03 each by the gross. Magazines however are considerably more expensive.
September 6th, 2011 at 5:30 pm
So whatever happened to Colt AR-15 #16773?
September 7th, 2011 at 8:45 am
I paid $189.79 in 1978 for my Colt AR-15.
September 7th, 2011 at 9:00 am
Yeah, when you adjust for inflation, the price is not that much lower today.
The flip side of that would be that in 1971 I was making about $0.10/hr more than minimum wage, which was $1.65/hr.
Today, at close to a 15x multiple of that rate, I have the disposable income available to afford such expenses once in a while. When I was trying to live on $1.75/hr? Fat chance.
I’m just happy that I got to live through the Golden Age of milsurp firearms while I did have some disposable income.
September 7th, 2011 at 12:18 pm
That’s right down the street from my house! I’ve been there.
September 7th, 2011 at 1:12 pm
I was going to bid on it, but I can’t find the blinking auction. grumble, grumble