Relative Value

In 1910 an ounce of gold was worth $20.67.  The 1910 Brush automobile price of $485.00 was the equivalent of about 23.4 ounces of gold in 1910.  If the 23.4 ounces of gold is multiplied by the price of $1,319.00 or $1,895.00 an ounce, that would be about, $30,864.00 or $44,343.00 today.  If the relative 1910 price of $485.00 is compared to 2010 by using the consumer price index (CPI), it would be about $11,500.00.  An interesting web site about relative value is: http://www.measuringworth.com/