Terry Teachout on the arts in New York City
– Cost c. 1910 of Louis Armstrong’s first cornet, bought from a New Orleans pawnshop: $5
– The same amount in today’s dollars, courtesy of Inflation Calculator: $102.65
– Price for which the instrument was sold at auction by Sotheby’s in 2001: $115,000
(Source: Michael Meckna, Satchmo: The Louis Armstrong Encyclopedia)
– Cost c. 1910 of Louis Armstrong’s first cornet, bought from a New Orleans pawnshop: $5
– The same amount in today’s dollars, courtesy of Inflation Calculator: $102.65
– Price for which the instrument was sold at auction by Sotheby’s in 2001: $115,000
(Source: Michael Meckna, Satchmo: The Louis Armstrong Encyclopedia)
An ArtsJournal Blog