Quote:
Originally Posted by Craig Sawyers
But high quality audio has always been a hobby of the better heeled. Taking the price of the Quad ESL57 from its introduction price in the late 50's to today price works out at slightly less than £3000 a pair. And similar heady prices for turntables from Garrard and Connoisseur. The Leak TL12 power amp works out as £1200 today.
The prohibitive nature of the prices not long after the end of WWII of course led to many people doing DIY audio. That is certainly how I started in the early 70's - and continue to do so over four decades later.
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High prices (plus of course purchase tax) gave many of us the incentive to make our own stuff. Great. There's an implication that those high prices made someone rich. But did you ever know a rich audio company? Most went bust, suggesting that prices weren't actually high enough.
Martin