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richarddurgee
Senior Member
Username: richarddurgee
Post Number: 2972
Registered: 11-2001
| | Posted on Monday, February 04, 2013 - 02:58 pm: | 
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1917
Adjusted for inflation 1917---2013
The single Cyl $165.00 would be $2,959.61
The Four Cyl $475.00 would be $8,520.09
One gallon gasoline 1917 .16 cents-3.71 today.
This is the conversion chart
http://www.usinflationcalculator.com/
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jb_castagnos
Senior Member
Username: jb_castagnos
Post Number: 758
Registered: 07-2002
| | Posted on Monday, February 04, 2013 - 08:50 pm: |
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Richard, I used to look at the engine ads and think it would have been nice to have bought a bunch at those prices. I found an inflation calculator and realized that in most cases you would be far ahead putting the money in the bank. It's a wonder they sold as many engines as they did. |
richarddurgee
Senior Member
Username: richarddurgee
Post Number: 2973
Registered: 11-2001
| | Posted on Tuesday, February 05, 2013 - 09:16 am: |
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The inflation calculator is an eye opener for sure !
The Peerless engine above was kerosene capable as were many engines in those years with kerosene about half the price per gallon of gasoline in 1917 or about .09 cents.
.09 cents 1917 would be 1.90 in 2013--
Try to buy kerosene if you can even find it for sale at a pump---over 5.00 per gallon-- still can't rationalize its inflated price- John D.Rockefeller was the richest man in the world in his day selling gasoline and kerosene, he would love the prices today ?
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keith
Senior Member
Username: keith
Post Number: 375
Registered: 02-2002
| | Posted on Tuesday, February 05, 2013 - 12:08 pm: |
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I have the 2 cylinder version with reverse gear that I would be willing to sell for the inflated price of $6,725.00. 
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richarddurgee
Senior Member
Username: richarddurgee
Post Number: 2974
Registered: 11-2001
| | Posted on Tuesday, February 05, 2013 - 08:17 pm: |
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Keith
That Peerless lettering on the side plate with a mechanical oiler-- Really cool old marine engine.
It's been here about a hundred years now, can't imagine what the inflation rate will adjust to if it makes another 100 ??
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