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The Victrola 9-40 Payment Plan for 1927

Posted: Sun Nov 20, 2016 9:33 am
by EarlH
I've been on vacation this week and have been cleaning and forgot I had this. It's kind of interesting, especially for those that think they didn't do payment plans on this stuff back in those days. I've had this argument with people, and I even have one of these things I found in a pump organ that's about 50 years earlier than this one. That one has some interesting stipulations in it, but it doesn't have much to do with phonographs. This machine was certainly outdated by the time he got it paid for! Those 9-40's are big machines and I've never had one. If they had four doors instead of two, I would have bought one a couple of years ago but apparently Victor liked cabinets that had huge wingspans in those years. Anyway, it's an interesting bit of history and the machine is probably long gone. This was stuck in the owners manual, and that is in terrible, nearly unreadable shape from getting wet. I don't know why this survived.

Re: The Victrola 9-40 Payment Plan for 1927

Posted: Sun Nov 20, 2016 11:03 am
by alang
Wow, what a great find. Interesting that even then they misspelled Victrola (Victrola) just like today on eBay. Some things never change...
Thanks for sharing
Andreas

Re: The Victrola 9-40 Payment Plan for 1927

Posted: Sun Nov 20, 2016 2:39 pm
by gramophone-georg
The 1920s marked the first real explosion in purchase plans of a small "down" then time payments. Buying stocks on margin was an extension of this; in a way, the Great Depression was the first time a credit bubble burst. There were other contributing factors, of course, but this just made everything way worse.

Re: The Victrola 9-40 Payment Plan for 1927

Posted: Sun Nov 20, 2016 3:11 pm
by De Soto Frank
Some referred to it as "buying on time"...

:coffee:

Re: The Victrola 9-40 Payment Plan for 1927

Posted: Sun Nov 20, 2016 5:55 pm
by Victrolacollector
He must have been a prominent person in Chicago with the means to pay $50.00 a month. Even today, that's alot of money.