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@gbj_tester
About $10,000 which is roughly where high end bicycles are in 2009. My point was really about how there was effectively no price increase in the 50 years following 1896, despite both improvement in quality and a tripling of the CPI in the same period for the mythical 'basket of goods', suggesting a really impressive improvement in productivity (qualitative and quantitative) in the cycle industry during that period. Probably not surprising given what happened in the car business during this time, but interesting nonetheless.
In terms of absolute performance, that $10,000 (inflation adjusted) Butler would sit alongside a $200 Unipack and not do well out of the comparison.