value conversion for pre-war

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Diecuts@aol.com
Posts: 83
Joined: Sun Sep 03, 2000 10:35 pm

value conversion for pre-war

Post by Diecuts@aol.com » Sat Mar 26, 2005 11:42 am

Hi all, Stumbled across a site that explains how to value the 1930s British money into today's equilvilent values. This site is for folk that love the 30s novels and want to know what a 'Farthing, Tuppence, Florin, Crown, etc was worth back then and in today's values. Also covers $AUS dollars. It can be seached by typing 'Monetary sums in S&A' into google, then go to the appropriate index. In a nutshell, I was interested in the value of a 1938 SA tickford (400 pounds) in today's currency. Briefly, to find what 400 pounds in 30s currency is in today's USD , the following was determined. Convert US dollars at the 1930s rate of $4 to one pound $4 Convert pounds sterling at current prices (allowing 70 yrs inflation ) 39 pounds Convert US dollars at today's exchange rate ($2 to 1 pound prox) $78 dollars So, 1 pound in the 30s was worth around $78 in today's US dollars. That makes a SA tickford costing 400 pounds worth around $31,200 in modern dollars. Adding the radio option to either the TA tickford or SA cost 18 pounds in 1938. That is around $1400 in today's US dollars, about the same value for a nice modern sound system so it seems to be fairly accurate. What did a TA roadster sell for back in the 30s? Cheers, Lee Jacobsen, MI TA2969 tickford, SA2333 tickford [Non-text portions of this message have been removed]

joecurto@aol.com
Posts: 313
Joined: Wed Jul 19, 2000 3:42 am

Re: value conversion for pre-war

Post by joecurto@aol.com » Sat Mar 26, 2005 1:56 pm

Someone has a LOT of TIME on his hand. Joe [Non-text portions of this message have been removed]

LuckyFloridaLin@aol.com
Posts: 169
Joined: Wed Jun 04, 2003 10:42 pm

Re: value conversion for pre-war

Post by LuckyFloridaLin@aol.com » Sat Mar 26, 2005 2:32 pm

Well Done Lee! Tally Ho! Thom [Non-text portions of this message have been removed]

MIKEFRAN@aol.com
Posts: 12
Joined: Thu Dec 30, 1999 12:42 am

Re: value conversion for pre-war

Post by MIKEFRAN@aol.com » Sun Mar 27, 2005 12:11 am

Lee The price of the new TA in 1936 was 222 pounds sterling, exactly the same price of the PB which preceded it. (From the AUTOCAR June 19, 1936) Mike Francks TC8332 [Non-text portions of this message have been removed]

tony goodall
Posts: 13
Joined: Thu Dec 23, 2004 2:35 am

Re: value conversion for pre-war

Post by tony goodall » Sun Mar 27, 2005 2:03 am

Lee The TA was offered for sale at 222 pounds when it was first released. Tony TC9825
On 26 Mar 2005, at 19:42, diecuts@aol.com wrote: > > Hi all, > > Stumbled across a site that explains how to value the 1930s British > money > into today's equilvilent values. This site is for folk that love the > 30s novels > and want to know what a 'Farthing, Tuppence, Florin, Crown, etc was > worth back > then and in today's values. Also covers $AUS dollars. It can be > seached > by typing 'Monetary sums in S&A' into google, then go to the > appropriate index. > > > In a nutshell, I was interested in the value of a 1938 SA tickford > (400 > pounds) in today's currency. > > Briefly, to find what 400 pounds in 30s currency is in today's USD , > the > following was determined. > > Convert US dollars at the 1930s rate of $4 to one pound > $4 > Convert pounds sterling at current prices (allowing 70 yrs inflation ) > 39 pounds > Convert US dollars at today's exchange rate ($2 to 1 pound prox) > $78 > dollars > > So, 1 pound in the 30s was worth around $78 in today's US dollars. > That makes a SA tickford costing 400 pounds worth around $31,200 in > modern > dollars. > > Adding the radio option to either the TA tickford or SA cost 18 pounds > in > 1938. > That is around $1400 in today's US dollars, about the same value for a > nice > modern sound system so it seems to be fairly accurate. What did a TA > roadster sell for back in the 30s? > > Cheers, Lee Jacobsen, MI TA2969 tickford, SA2333 tickford > > > [Non-text portions of this message have been removed] > > > > > Yahoo! Groups Links > > > > > > > >

Peter Forstner
Posts: 12
Joined: Mon Dec 31, 2001 7:50 am

Re: value conversion for pre-war

Post by Peter Forstner » Mon Mar 28, 2005 12:53 am

Hi all, I read according to http://the-stable.lancs.ac.uk/~esarie/tarboard/convert.htm: "Old money" value 222 = 39.00 * 222 = "Actual money" 8658.- 8658.- = $16191.- = 12487.- Euro = Aus $22077.90 Looks too cheap for me. With my today's salary a TA would have been a very cheap car and nearly everyone could easily afford one. How did they calculate these conversion values? Is it really a comparison between average salary 1930 and salary 2000? Or am I too silly to read the table correct? Regards Peter Forstner TC 6325 - Munich - Germany
----- Original Message ----- From: "tony goodall" tonygoodall@blueyonder.co.uk> To: mg-tabc@yahoogroups.com> Sent: Sunday, 27.March.2005 11:59 Subject: Re: [mg-tabc] Re:value conversion for pre-war Lee The TA was offered for sale at 222 pounds when it was first released. Tony TC9825

Graham Knight
Posts: 52
Joined: Mon Feb 04, 2002 4:58 pm

Re: value conversion for pre-war

Post by Graham Knight » Mon Mar 28, 2005 1:28 am

Peter, I tried http://www.eh.net/hmit/ukcompare/ which revealed: Relative value in UK pounds In 2002, 222 0s 0d from 1936 is worth: 9,220.90 using the retail price index 9,899.85 using the GDP deflator 33,784.54 using average earnings 37,056.45 using per capita GDP 46,600.57 using the GDP (It doesn't work beyond 2002) There is a little bit of explanation of the different measures on the site. I guess the big difference between the average earnings measure and the RPI measure gives some idea of how much richer we have all become. Incidentally, the first house we owned cost 300 when built in 1936. I suspect that for most people in the UK in 1936 the idea of being able to buy a car or a house was way beyond imagining. Graham At 10:53 28/03/2005 +0200, Peter Forstner wrote:
>Hi all, >I read according to >http://the-stable.lancs.ac.uk/~esarie/tarboard/convert.htm: > >"Old money" value 222 = 39.00 * 222 = "Actual money" 8658.- > > 8658.- = $16191.- = 12487.- Euro = Aus $22077.90 > >Looks too cheap for me. With my today's salary a TA would have been a very >cheap car and >nearly everyone could easily afford one. > >How did they calculate these conversion values? Is it really a comparison >between average >salary 1930 and salary 2000? > >Or am I too silly to read the table correct? > >Regards >Peter Forstner >TC 6325 - Munich - Germany > >----- Original Message ----- >From: "tony goodall" tonygoodall@blueyonder.co.uk> >To: mg-tabc@yahoogroups.com> >Sent: Sunday, 27.March.2005 11:59 >Subject: Re: [mg-tabc] Re:value conversion for pre-war > > > >Lee > >The TA was offered for sale at 222 pounds when it was first released. > >Tony > >TC9825 > > > > >Yahoo! Groups Links > > > >

Joe Gates
Posts: 52
Joined: Tue Oct 23, 2001 12:52 pm

Re: value conversion for pre-war

Post by Joe Gates » Mon Mar 28, 2005 12:37 pm

Graham wrote Relative value in UK pounds In 2002, 222 0s 0d from 1936 is worth: 9,220.90 using the retail price index 9,899.85 using the GDP deflator 33,784.54 using average earnings 37,056.45 using per capita GDP 46,600.57 using the GDP etc. And I reply - None of these sorts of statistics provide for discounting to a present value sum the enjoyment or use we might have had from our trusty steeds (or any other useful assets over their useful lifetimes to date), nor do they provide for ammortising the cost of maintenance over said periods, etc. If these were to be accounted for, I suspect we would all be somewhat out of pocket! That said, I fully subscribe to the obvious (having been there, done that, got the T-shirt, etc.) - that statistics should be likened to a drunk and a lamplight - used for support rather than illumination! Joe Gates TC 8675 Johannesburg, S Africa

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