If he got them in the early to mid 60's the answer is probably yes. My Father in Law had one form that time period and it was full auto.
A Colt AR-15 for How Much?
- Thread starter calicojack
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If he got them in the early to mid 60's the answer is probably yes. My Father in Law had one form that time period and it was full auto.
*****Not only inflation but also how much less people made back then. 1964 the average family household income was $6600, but that is household income. The average worker made considerably less as even back then there was often more than one person working in a family that contributed to the total.
I know a retired teacher who said she only made about $1600 a year back in 1965 ish.
It looks like with certain exceptions, modern sporting rifles seem like they are much cheaper than back in the 1960's relative to household income.
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antco
Ultimate Member
Can you imagine paying $1,800 today for each of your NFA tax stamps?
- Feb 4, 2013
- 28,175
In 1964, a O-6 made $779 (over 14 years service) per month. $9348 per year. In 1977, I made $10,600 as a Xerox service tech. An O-6 today makes $10,181 per month, or $122,172.
And E-5 with over 6 years service made $251 per month. $3012 per year. today $3,187 per month, $38,244.
The Chief of Naval Operations made $2019 per month. $24,228 per year.
And yes, these are base pay and do not includes housing, subsistance, VHA, hazard, and other supplemental pay.
https://www.navycs.com/charts/1964-military-pay-chart.html
And E-5 with over 6 years service made $251 per month. $3012 per year. today $3,187 per month, $38,244.
The Chief of Naval Operations made $2019 per month. $24,228 per year.
And yes, these are base pay and do not includes housing, subsistance, VHA, hazard, and other supplemental pay.
https://www.navycs.com/charts/1964-military-pay-chart.html
- Feb 4, 2013
- 28,175
- May 29, 2017
- 7,743
Is that 1 year or 1 month?
- May 29, 2017
- 7,743
How do we "reset"? We can't keep going up in the future where an average salary is 100K.
There are trillion dollar notes in Zimbabwe. Never say never.....
ken792
Ultimate Member
Adjusted for inflation, it’s still cheaper than the pre-panic prices of current top of the line rifles like a KAC SR-15, FN SCAR, LMT MARS-L, H&K MR223A3 (non-US market) etc. and there wasn’t as much gear back then considered standard. Today, you’ll also have to drop more money on optics, lights, IR lasers, suppressors, plate carrier, etc. if you wanted to own the latest and greatest setup. Back then, the rifle out of the box plus a web gear set was pretty much all there was.
- Feb 4, 2013
- 28,175
Per year. So 13 years later, a Xerox tech made more than a O-6.
- Feb 4, 2013
- 28,175
Turkey changed from the Turkish Lira to the New Turkish Lira in 2005.
1,000,000 old Lira became 1 New Lira.
So we have a New Dollar. Where $100 old dollars = 1 new dollar. $100,000 salary becomes $1000.
Done.
- Feb 4, 2013
- 28,175
Actually they went up to 100 Trillion.
I need to pick some up next time I am in that part of the world.
But their inflation rate was 10^23 % per year.
They switched to the US Dollar as their official currency to deal with the inflation.
Too much math for me…
Hey, quick SP-1 rookie question.
A few old SP-1’s I have seen online are
marked as “Cal. 223”. Circa early 70’s.
Well, we know it’s .223 caliber, but we also
know there’s a difference between
the .223 round and the 5.56 round,
which is issue.
SO, will an old SP-1 handle 5.56?
Seems they should - why would Colt
re-machine to turn the basic 5.56 platform
into a real .223?
I know, I know…”no such thing as a dumb
question” - until now.
Hey, quick SP-1 rookie question.
A few old SP-1’s I have seen online are
marked as “Cal. 223”. Circa early 70’s.
Well, we know it’s .223 caliber, but we also
know there’s a difference between
the .223 round and the 5.56 round,
which is issue.
SO, will an old SP-1 handle 5.56?
Seems they should - why would Colt
re-machine to turn the basic 5.56 platform
into a real .223?
I know, I know…”no such thing as a dumb
question” - until now.
I am pretty sure the old 223 marked Colts are actually 5.56.
Combloc
Stop Negassing me!!!!!
Yes, you can use either round in any SP-1.
Biggfoot44
Ultimate Member
- Aug 2, 2009
- 33,199
Way back in the VN era , M-16 ( and period AR-15) chambers were ..... Variable . The 5.56 chamber as we know it didn't exist as a specification until NATO standardization in the '80s .
Biggfoot44
Ultimate Member
- Aug 2, 2009
- 33,199
And the other answer is : They used to be so light primarily because of the bbl profile we would now call " pencil " , and slightly from thinner furniture .
Every iteration of the platform since the prototypes has been incrementally heavier . And truthfully they became more accurate , more tolerant of sustained fire , less likely to be damaged from rough handling .
But at each point there were tradeoffs between the original concept of very lightweight for close to moderate jungle fighting to the current concepts .
While prices seem low by today's standards , back in the '70s , the SP-1 were roughly twice the cost of Win or Marlin .30-30 , or 50% more than Rem 700 or Win M70 .
Every iteration of the platform since the prototypes has been incrementally heavier . And truthfully they became more accurate , more tolerant of sustained fire , less likely to be damaged from rough handling .
But at each point there were tradeoffs between the original concept of very lightweight for close to moderate jungle fighting to the current concepts .
While prices seem low by today's standards , back in the '70s , the SP-1 were roughly twice the cost of Win or Marlin .30-30 , or 50% more than Rem 700 or Win M70 .
TheOriginalMexicanBob
Ultimate Member
Back in the day the AR-15 was roughly double the cost of a Mini-14...thus the popularity of the Mini-14 then. Now it's much more of a level playing field dollars-wise. There are many clones of the AR-15 in production...no clones I'm aware of in the Mini-14 market today.
My SP1 gobbles up 556. It is absolutely one of the smoothest shooting AR's i have shot.
Biggfoot44
Ultimate Member
- Aug 2, 2009
- 33,199
I suppose it depends upon our memory , and which exact year , but I recall Mini's being closer to 2/3 . But same dynamic of relative significant price advantage .
It is firmly fixed in my mind that late '70s used , good condition AR were selling +/- $350 at gun shows ( in the era when show prices were a little better than at the respective brick & mortar ).
It is firmly fixed in my mind that late '70s used , good condition AR were selling +/- $350 at gun shows ( in the era when show prices were a little better than at the respective brick & mortar ).
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