How much did the Farnsworth House sell for?
When Milton Reynolds introduced the Reynolds International Pen—the first commercially viable ballpoint pen sold in the United States—to the public in late 1945 at Gimbel's department store in New York City, it retailed for an astonishing 12.50 US dollars. In the economic context of the mid-1940s, this price represented a substantial luxury sum equivalent to over 150 modern dollars. Despite the hefty initial price tag, eager consumers swamped the department store, fascinated by the pen's ability to write underwater and without ink smudges, turning the launch into an overnight retail phenomenon.
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