NYSE Seat Sale Prices: 1910-2005
Given yesterday's record (in current dollars) $3-million sale of a New York Stock Exchange seat, I thought it would be interesting to show readers my own chart of inflation-adjusted historical NYSE prices. I average the prices for each year, and then bring it all to 2005 dollars. As you can see, we haven't yet returned to boom time levels, now are we anywhere near where NYSE seats changed hands back in the early 1930s: