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You are correct!
I didn't read the stuff before the price. :banghead:

So that brings the Challenge Razor Works down to $2 a piece in 1926 when the US average income was $0.45 per hour. So about...

Well I know in 1926 an Challenge Cutlery plain 5/8 round point with celluloid handles sold for $24 in their catalog.

I don't know the inflation rate on that, but I'm thinking that it was a lot of...