Nobody Posted October 12, 2009 Report Posted October 12, 2009 As a shot in the dark, I guess that the writing is the lower limit of its selling price. I have heard from my father-in-law that he had bought his katana (Shinto) for 100 JPY in early Showa era. Quote
Guido Posted October 12, 2009 Report Posted October 12, 2009 I have heard from my father-in-law that he had bought his katana (Shinto) for 100 JPY in early Showa era.At that ime the exchange rate was fixed at 360 Yen to one US $ - and one US $ bought you what 12.- US $ buy you now. All in all, a great deal at US $ 3.33 current purchase power! :D Quote
Nobody Posted October 12, 2009 Report Posted October 12, 2009 The story is older than you thought. My father-in-law was an army officer and he bought his katana before WWII for his use. And the exchange rate was around 3 – 4 Yen to 1 US$ at that era. So, your purchase power must be around 350 US$ or more (inflation factor of US$ must be more than 12), but still a good deal. :lol: Quote
Guido Posted October 12, 2009 Report Posted October 12, 2009 I thought you meant *after* WWII, but in the thirties a well-paid factory worker in the US earned $125 a month. Still a good deal indeed. Quote
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