Originally Posted By: Joe Wood
My goodness, ammunition was extremely expensive back then! $1.00 in 1940 had the same buying power as $16.12 in 2012.
Annual inflation over this period was 3.94%. That would mean that case of shells cost $677.00 with today's purchasing power. Whew!!! Think I'd taken up worm fishing...


True those prices are expensive for the day, but we are probably looking at war time markups for all ammunition.

“I left long before daylight, alone but not lonely.”~Gordon Macquarrie