WT261 – Where’s My Money!
Wood Talk | Woodworking
Marc Spagnuolo
4.8 • 1.6K Ratings
🗓️ 24 July 2015
⏱️ 24 minutes
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| 0:00.0 | Welcome to Wood Talk for Woodworkers by Woodworkers. |
| 0:08.0 | Now here are three guys who are actually under the illusion at |
| 0:11.3 | Woodworking is cool. Mark, Matt, and Shannon. |
| 0:15.0 | All right, it's Wood Talk Number 261 for July 24, 2015, and it's a weekend edition of |
| 0:21.7 | Wood Talk, and today we're going to talk about one |
| 0:23.3 | single topic and this is inspired from an email we got from Anthony and it's |
| 0:27.4 | about getting paid for your work but being fair to both parties being fair to |
| 0:31.4 | yourself and being fair to your quote-unquote client. |
| 0:35.1 | So Anthony says, I have a question regarding the monetary value we place on craftsmanship today |
| 0:40.0 | as opposed to that of earlier generations. |
| 0:42.4 | Example, George Washington paid $145 for an ornate secretary bookcase, Mount Vernon Virtual Tour, |
| 0:49.0 | in 1797. |
| 0:50.7 | Aside from the obvious historical value, if simply adjusted for inflation, the same item would cost roughly $3,800 today. |
| 0:58.0 | I guess he used a tool at measuringworth.com to get that number. |
| 1:03.9 | Not an outrageous sum, but in all honesty, |
| 1:05.9 | I doubt it would be replicated for five times |
| 1:08.8 | that amount today. |
| 1:09.9 | I would appear, or it would appear, |
| 1:11.4 | that this kind of hand-built quality has become more out of reach |
| 1:14.5 | than ever before. How do we put a price on the the pieces we build that justifies |
| 1:19.0 | the labor and the material but also makes them accessible to those who appreciate what we do. |
| 1:25.0 | He says, Mark, how much for that sculpted rocker? |
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