I finally found this advertisement, which shows a price of $59.95 direct. Converted to 2022 dollars, that is $561.44 !!! Guitars were relatively more expensive back then - a Telecaster was around $240, ($2250) while a Strat was in the neighborhood of $300, ($2800) so the Danelectro was still very inexpensive. The ten dollar 'canvas case' translates to $93.65. Even with inflation, things have gotten cheaper.
Danelectro is my favorite type of guitar, simply for the genius of their unorthodox, inexpensive, yet highly effective designs. I love the tone of old-growth masonite. If you are looking for details, the Pro-1 Bass is the most complete build documentation.
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The Fret Slotting Jig is basically a very precise mitre box. What makes it a fret slotting tool is the Fret Guide, which attaches underneath the workpiece with double-sided tape, and engages a pin on the Fret Slotting Jig directly below the saw blade. The holes in the guide are spaced to Fender's formula, so depending on which hole you start with for the nut slot, you can cut anything from a 36" bass to a 20" ukelele, and all the standard scales in between. The guide fits snugly between the inner rails of the jig to keep the workpiece centered and straight.
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