December 1960 American Rifleman Ad. Sounds like the carnival barking wasn't complete gibberish. Heck, I'd like to buy some of those mags too.
($5.95 in 1960 is worth $51.54 today)
Value of $49.95 from 1960 to 2020
According to the Bureau of Labor Statistics consumer price index, today's prices in 2020 are 766.18% higher than average prices since 1960. The U.S. dollar experienced an average inflation rate of 3.66% per year during this period, causing the real value of a dollar to decrease. In other words, $49.95 in 1960 is equivalent in purchasing power to about $432.66 in 2020, a difference of $382.71 over 60 years.
https://www.in2013dollars.com/us/inflation/1960?amount=49.95
($5.95 in 1960 is worth $51.54 today)
Value of $49.95 from 1960 to 2020
According to the Bureau of Labor Statistics consumer price index, today's prices in 2020 are 766.18% higher than average prices since 1960. The U.S. dollar experienced an average inflation rate of 3.66% per year during this period, causing the real value of a dollar to decrease. In other words, $49.95 in 1960 is equivalent in purchasing power to about $432.66 in 2020, a difference of $382.71 over 60 years.
https://www.in2013dollars.com/us/inflation/1960?amount=49.95