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Author Topic: Three shillings  (Read 2072 times)

Online chinakay

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Three shillings
« on: Monday 19 March 07 15:54 GMT (UK) »
So, about how much would three shillings in 1902 be worth today? A photographer in Northern Ireland charges 3s for a copy of a baby photo...I thought this was rather pricey....anyone?

Cheers,
China


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Offline Scottiedog

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Re: Three shillings
« Reply #1 on: Monday 19 March 07 16:01 GMT (UK) »
Hi

based on the site www.measuringworth.com using the retail prices index it looks like it's ....

11.20

Cheere
Les
Scott (Dublin, Merseyside)
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Offline Scottiedog

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Re: Three shillings
« Reply #2 on: Monday 19 March 07 16:33 GMT (UK) »
Interestingly it depends how you calculate it .....

13.80    using the GDP deflator
57.66    using average earnings
67.06    using per capita GDP
96.38    using the GDP

These to 2005 only (previous example was to 2006)

Fascinating site. I've always relied on my own indicator in the past based on the number of pints of best bitter per pound (I think it was about 10 back in the early 70s and is now around 0.45 in my neck of the woods). Unfortunately, I can't find the price of a pint in 1902 to test that theory  :-\

Les
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Booth,Houlden,Jarvis,Kenyon,Paver,Wigglesworth (Yorkshire)
Attwater,Crawshaw,Houlden,Lord,Lowe (Lancashire)

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Re: Three shillings
« Reply #3 on: Tuesday 20 March 07 02:59 GMT (UK) »
Thank you, Les, how very interesting. I will bookmark the site and have a play with it.

So, I think I was right...a bit pricey for a baby picture! As for the beer, maybe you had to brew your own in 1902 ;D

Cheers,
China
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Offline Chorlton

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Re: Three shillings
« Reply #4 on: Tuesday 20 March 07 04:35 GMT (UK) »
for Scottiedog:

Typical prices in 1900: a Pint of beer in a public bar 2d (that's 120 pints to the ) or (5 bob = 30 pints)

and:
Pint of fresh milk (London) 2d (0.8p)
Dozen new laid eggs (London) 1/4d (6.9p)


And for wage comparison:
According to a Dept. of Employment and Productivity, 1981 report:
Average Weekly Cash Wages paid to Ordinary Agricultural Labourers in 1902 was 14/11.

Therefore that 5/- would be about a third of their weeks wage.

Chorlton - Ashton Under Lyne, Cheshire/Lancashire
Common - Halifax, Yorkshire & Scotland Common One Name Interests
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Barber - Ashton Under Lyne, Cheshire/Lancashire
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Any census information that I have included is Crown Copyright, as per: www.nationalarchives.gov.uk/legal/copyright.htm

Offline MarkyP

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Re: Three shillings
« Reply #5 on: Tuesday 20 March 07 22:30 GMT (UK) »
Interestingly enough the National Archives have their own converter at

http://www.nationalarchives.gov.uk/currency/default0.asp#mid

They only do every 5 years but according to them it would 8.56 in 1900. There's also an option to find out what buying power you could have with today's money. For instance, in 1900 100 could buy you a quarter of wheat or 5 days of a skilled craftsman in the building trade. Of course 100 today was only worth 2 15 shillings then!
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Offline Scottiedog

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Re: Three shillings
« Reply #6 on: Wednesday 21 March 07 00:29 GMT (UK) »
Well, it looks like this erudite discussion of ours has been downgraded to naught but frippery  ;D

So ... in that vein I'll continue with my beer conversion, thanks to new the data kindly provided by Chorlton.

15 bob a week = 90 pints

3 shillings = 18 pints

which in todays money is 18 / 0.45 (here in Cumbria anyway, silly money down south)

... or 40

Yep - according to my converter that was an expensive photo!   :-X ::)

Les
Scott (Dublin, Merseyside)
Booth,Houlden,Jarvis,Kenyon,Paver,Wigglesworth (Yorkshire)
Attwater,Crawshaw,Houlden,Lord,Lowe (Lancashire)

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Re: Three shillings
« Reply #7 on: Thursday 22 March 07 15:55 GMT (UK) »
Yes, any way you look at it, it was a pricey pic. The odd thing is that I can't find any connection to any of the people who ordered a copy.

OTOH, Les, a discussion of beer is never frippery ;D

Cheers,
China
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Offline rancegal

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Re: Three shillings
« Reply #8 on: Thursday 22 March 07 22:12 GMT (UK) »
If it was 1902, my grandfather, a journeyman blacksmith, was earning slightly less than 1 per week
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