Well, let's see. New price in 1929 was $14,950. In 2023 dollars, that would be $261,555.06. Which is somewhat less than what it cost to restore the boat to its original 1929 new condition (with a few improvements like modern electronics and Yanmar diesels). A comparably sized modern boat by top-end manufacturer Nordic Tug, similar to Stephens Brother in its own day, might be a 2023 44' Nordic Tug priced at $1,108,375.00 with more interior space, modern electronics, more powerful diesel, fiberglass hull, etc. So, Nordic Tug requires less maintenance, offers more power, modern conveniences, costs a lot more money....
43′ Stephens Brothers Power Cruiser (1929) – SEVEN BELLS
Well, let's see. New price in 1929 was $14,950. In 2023 dollars, that would be $261,555.06. Which is somewhat less than what it cost to restore the boat to its original 1929 new condition (with a few improvements like modern electronics and Yanmar diesels). A comparably sized modern boat by top-end manufacturer Nordic Tug, similar to Stephens Brother in its own day, might be a 2023 44' Nordic Tug priced at $1,108,375.00 with more interior space, modern electronics, more powerful diesel, fiberglass hull, etc. So, Nordic Tug requires less maintenance, offers more power, modern conveniences, costs a lot more money....