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Just imagine with today's income…

and the prices of yesteryear…

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T J

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By: Mark12 - 11th January 2018 at 17:52

Before the BoB film the going rate for an airworthy Spitfire was £6k. In July 1970 after the film I purchased TE308 /G-AWGB on behalf of Don Plumb in Canada…£12.5k.

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By: Propstrike - 11th January 2018 at 17:37

That’s right, but nobody really wants a two-seat Spit anyway. Quite the ugly duckling………………

Fast forward 50 years, and they can’t make them quick enough!

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By: HP111 - 11th January 2018 at 17:16

At about the same time, there were two flyable Irish Spitfires advertised for sale in Flight. I forget the exact price, but it was something like £1,500 each.

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By: Christer - 11th January 2018 at 13:58

Wonder what it would be valued at 35 years after the Christies Auction?

As they say, “nothing is worth more than someone is willing to pay”!

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By: Arabella-Cox - 11th January 2018 at 12:26

the appreciation over 18 years from £4.000 to £260.000 was impressive.

Wonder what it would be valued at 35 years after the Christies Auction? £1.5m? £2m? More?

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By: Christer - 11th January 2018 at 12:15

I was wondering if it could have been MH434, seems unlikely.

I dug out my copy of the “AIRSHOW 86 – FlyPast SPECIAL” which had an article “Year of the SPITFIRE 1936-86”. It states that MH434 was bought in 1983 by Ray Hanna in auction for £260,000. I think it was at Christie’s and MH434 was in flyable condition. If the ad was published in 1965 (25 years after the BoB), the appreciation over 18 years from £4,000 to £260,000 was impressive.

EDITED: The article also states that MH434, acquired by Tim Davies, was flown to England in June 1963, becoming G-ASJV.

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By: Archer - 11th January 2018 at 12:02

From ‘Flight International’, the 26 March 1965 edition. I also posted this image, if only we could go back and do some shopping…

http://www.vc10.net/div/aircraftAds_may1964_resize.jpg

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By: Propstrike - 11th January 2018 at 11:49

https://forum.keypublishing.com/showthread.php?75858-Old-aircraft-for-sale-ads

Mk 12 wrote..

”It is MK297/G-ASSD.

Both ‘SSD and ‘VDJ were painted in the 2nd TAF Invasion Livery for the film ‘The Longest Day’.

‘SSD had a distinctive vertical light bar on the engine cowling camouflage and that can just about be seen in the newsprint image.

Mark ”

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By: bradleygolding - 11th January 2018 at 11:44

I was thinking that it was probably the one that Cliff Roberson ended up with, or MH415?

Steve

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By: Arabella-Cox - 11th January 2018 at 11:02

Would it have been MK297?, how can you tell?

It’s just a guess, Film Aviation Services (John Crewdson) had the aircraft for sale around then. I was wondering if it could have been MH434, seems unlikely.

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By: Propstrike - 11th January 2018 at 10:44

That some would be about £65,000 today, so certainly cheap.

Compared to other assets like property, your £4000 1964 house could well be in excess of £700,000 now, so the Spit still looks like a sound investment, though in 53 years ( if it has been a flyer ) it will have eaten a HUGE amount of money, and you cannot live in it !

Not many private individuals have stashed away a Spitfire for 45 years, infact apart from Connie Edwards I can think of no other.

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By: Sopwith - 11th January 2018 at 08:27

Yes , putting the price into context you could get a useful country cottage for less than that, but still cheap. Would it have been MK297?, how can you tell?

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By: Arabella-Cox - 11th January 2018 at 07:52

I presume that was MK297/G-ASSD?

I see it was destroyed in the CWH hangar fire at Hamilton – I take it nothing significant survived for a potential restoration?

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By: J Boyle - 11th January 2018 at 05:06

Yes, to have a time machine and a modern credit card…:)
To keep things in perspective, a new E-type then was £2100-2200 (in 1961) and that was far beyond the budget of most families.

Also, I recall reading that George Martin, producer of the Beatles records, received £75 a week.

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