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caryyee · 14 July 2012, 07:15 AM

When they became too expensive relative to the average wage ...

In 1973, a SS Sub Date cost $385
Source: http://www.minus4plus6.com/PriceEvolution.htm

In 1973, the average annual income in the US was approx $12000.
Source: www2.census.gov/prod2/popscan/p60-093.pdf

So, a SS Sub date cost less than 2 weeks pay (gross) in 1973. Not too unaffordable. Can afford to be used as a proper tool watch.

In 2011, average income was approx $45000
Source: http://www.usatoday.com/news/nation/...me-table_N.htm

So, these days a Rolex Sub data is approx 10 weeks gross pay. ie 5 times the relative cost in 1973 making it a lot more out of reach to most people ....

14 July 2012, 07:15 AM	#21
caryyee "TRF" Member Join Date: Mar 2012 Real Name: A Location: Austin, TX Posts: 2,180	When they became too expensive relative to the average wage ... In 1973, a SS Sub Date cost $385 Source: http://www.minus4plus6.com/PriceEvolution.htm In 1973, the average annual income in the US was approx $12000. Source: www2.census.gov/prod2/popscan/p60-093.pdf So, a SS Sub date cost less than 2 weeks pay (gross) in 1973. Not too unaffordable. Can afford to be used as a proper tool watch. In 2011, average income was approx $45000 Source: http://www.usatoday.com/news/nation/...me-table_N.htm So, these days a Rolex Sub data is approx 10 weeks gross pay. ie 5 times the relative cost in 1973 making it a lot more out of reach to most people ....