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First Leatherman Ever Sold

VICMAN · 15 · 1549
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us Offline VICMAN

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First Leatherman Ever Sold
on: January 26, 2018, 02:41:41 PM
Some of you might not have seen this, so here are pictures of the first Leatherman ever sold and the purchaser

If you will click on 76.02, 58.45, and 85.93 you will see each picture in it's entirety.
first leatherman ever sold - Copy.jpg
* first leatherman ever sold - Copy.jpg (Filesize: 78.23 KB)
first leatherman ever sold 2.jpg
* first leatherman ever sold 2.jpg (Filesize: 58.53 KB)
first leatherman ever sold 3.jpg
* first leatherman ever sold 3.jpg (Filesize: 87.68 KB)
« Last Edit: January 26, 2018, 02:43:58 PM by VICMAN »
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us Offline scotvic21

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Re: First Leatherman Ever Sold
Reply #1 on: January 26, 2018, 04:34:34 PM
awesome, where did you find the pics?

us Offline chrono

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Re: First Leatherman Ever Sold
Reply #2 on: January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.
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ie Offline Don Pablo

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Re: First Leatherman Ever Sold
Reply #3 on: January 26, 2018, 06:47:45 PM
Quote from: chrono on January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.
I don't know what inflation was off hand, I DO know that the relative cost of the PST back then in the late 80's was significantly more than in 2000.
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us Offline gregpost

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Re: First Leatherman Ever Sold
Reply #4 on: January 26, 2018, 07:02:46 PM
Quote from: chrono on January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.

According to the inflation calculator $175 in May 1983 has the same buying power as $434.90 in today's dollars.

The price of an ounce of gold on 5-17-1983 was $440.75, silver was $12.96, a gallon of gas was $1.23, the highest paid major leaguer was Mike Schmidt (Ph NL) at $1,652,333.

If you had invested $175 in the following stocks today that investment would be worth:

3M - $9,225.50
Apple - $39,668.97
Boeing - $16,387.93
Coca Cola - $17,174.07
Disney - $16,486.67
Exxon Mobil - $$9,539.40
Nike - $58,554.56
Pepsi - $17,844.03
« Last Edit: January 26, 2018, 07:04:24 PM by gregpost »
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ie Offline Don Pablo

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Re: First Leatherman Ever Sold
Reply #5 on: January 26, 2018, 07:23:05 PM
Quote from: gregpost on January 26, 2018, 07:02:46 PM
Quote from: chrono on January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.

According to the inflation calculator $175 in May 1983 has the same buying power as $434.90 in today's dollars.

The price of an ounce of gold on 5-17-1983 was $440.75, silver was $12.96, a gallon of gas was $1.23, the highest paid major leaguer was Mike Schmidt (Ph NL) at $1,652,333.

If you had invested $175 in the following stocks today that investment would be worth:

3M - $9,225.50
Apple - $39,668.97
Boeing - $16,387.93
Coca Cola - $17,174.07
Disney - $16,486.67
Exxon Mobil - $$9,539.40
Nike - $58,554.56
Pepsi - $17,844.03
....And we complain about the high prices of the LE models today.  :rofl: :P
Hooked, like everyone else. ;)

All hail the hook!
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us Offline VICMAN

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Re: First Leatherman Ever Sold
Reply #6 on: January 26, 2018, 07:29:32 PM
Quote from: scotvic21 on January 26, 2018, 04:34:34 PM
awesome, where did you find the pics?
Here is the article the pictures were with:

The First Leatherman Tool Ever Sold
By Leatherman · Updated about 5 years ago · Taken at Nürnberg, Germany
At the IWA show in Nürnberg, Germany this past week we were fortunate enough to meet this man, Wolf. On a trip to Eugene, Oregon in 1983, he came across Tim Leatherman selling his tools. Tim said, “In April 1983 I rented a table at the Oregon Knife Collectors Show, showed my handmade prototype, and tried to solicit an order for another. Wolf was the first, and only, to order. I don't consider it a production tool because I made it by hand. As his receipt shows, I sold it for $175. Made the princely sum of about a dollar an hour, which even in those days was about a quarter of the minimum wage!” Thanks, Wolf, for believing in Leatherman multi-tools!

The article is from the Leatherman Facebook page
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za Offline EZrider

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Re: First Leatherman Ever Sold
Reply #7 on: January 26, 2018, 07:39:40 PM
Quote from: Pablo O'Brien on January 26, 2018, 07:23:05 PM
Quote from: gregpost on January 26, 2018, 07:02:46 PM
Quote from: chrono on January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.

According to the inflation calculator $175 in May 1983 has the same buying power as $434.90 in today's dollars.

The price of an ounce of gold on 5-17-1983 was $440.75, silver was $12.96, a gallon of gas was $1.23, the highest paid major leaguer was Mike Schmidt (Ph NL) at $1,652,333.

If you had invested $175 in the following stocks today that investment would be worth:

3M - $9,225.50
Apple - $39,668.97
Boeing - $16,387.93
Coca Cola - $17,174.07
Disney - $16,486.67
Exxon Mobil - $$9,539.40
Nike - $58,554.56
Pepsi - $17,844.03
....And we complain about the high prices of the LE models today.  :rofl: :P

So my LE PST is actually half price?  :cheers:
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ie Offline Don Pablo

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Re: First Leatherman Ever Sold
Reply #8 on: January 26, 2018, 07:54:52 PM
Quote from: EZrider on January 26, 2018, 07:39:40 PM
Quote from: Pablo O'Brien on January 26, 2018, 07:23:05 PM
Quote from: gregpost on January 26, 2018, 07:02:46 PM
Quote from: chrono on January 26, 2018, 06:06:48 PM
What were the gas / silver / gold prices in that period? If it is $175 a piece, that thing cost a lot back then.

According to the inflation calculator $175 in May 1983 has the same buying power as $434.90 in today's dollars.

The price of an ounce of gold on 5-17-1983 was $440.75, silver was $12.96, a gallon of gas was $1.23, the highest paid major leaguer was Mike Schmidt (Ph NL) at $1,652,333.

If you had invested $175 in the following stocks today that investment would be worth:

3M - $9,225.50
Apple - $39,668.97
Boeing - $16,387.93
Coca Cola - $17,174.07
Disney - $16,486.67
Exxon Mobil - $$9,539.40
Nike - $58,554.56
Pepsi - $17,844.03
....And we complain about the high prices of the LE models today.  :rofl: :P

So my LE PST is actually half price?  :cheers:
Compared to the pre-production handmade PST at least! :P
Hooked, like everyone else. ;)

All hail the hook!
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us Offline gregpost

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Re: First Leatherman Ever Sold
Reply #9 on: January 26, 2018, 08:24:17 PM
But how much would this first customer PST sell for at auction?
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ie Offline Don Pablo

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Re: First Leatherman Ever Sold
Reply #10 on: January 26, 2018, 08:43:18 PM
Quote from: gregpost on January 26, 2018, 08:24:17 PM
But how much would this first customer PST sell for at auction?
55A43884-BC79-43C5-A21A-284B5F122B30.jpg
* 55A43884-BC79-43C5-A21A-284B5F122B30.jpg (Filesize: 52 KB)
Hooked, like everyone else. ;)

All hail the hook!
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cy Offline dks

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Re: First Leatherman Ever Sold
Reply #11 on: January 26, 2018, 08:45:03 PM
TSA probably has it 
Kelly: "Daddy, what makes men cheat on women?
Al : "Women!"

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us Offline Poncho65

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Re: First Leatherman Ever Sold
Reply #12 on: January 27, 2018, 03:24:11 AM
That is an awesome PST :o :like: I really would like to see that one in person :dd:
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Offline vadsoom

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Re: First Leatherman Ever Sold
Reply #13 on: January 28, 2018, 03:53:04 AM
If I recall, I paid over $100 for my PST in 1984. I think it was somewhere around $139 at Cutlery World. The guy who sold it to me thought it was a cool toy, but would never catch on. LOL! I’ve carried a Leatherman of one incarnation or another since that day, even on my wedding day in 1992.

us Offline Barry Rowland

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Re: First Leatherman Ever Sold
Reply #14 on: January 28, 2018, 04:56:55 AM
You and me both my friend!! 
Quote from: Poncho65 on January 27, 2018, 03:24:11 AM
That is an awesome PST :o :like: I really would like to see that one in person :dd:
Barry
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