Five Price Tags
The second “small prize” game introduced after Bonus Game.
A car is shown, along with five possible prices on the “Five Price Tags”. Selecting the tag with the car’s actual price wins the car.
In order to win the right to pick a tag, a small prize is shown with a possible price. The contestant must tell the host if the price is “True” or “False”. If they are correct, they win the prize and a pick of the “Five Price Tags”. Four small prizes are played for a maximum of four picks.
Five Price Tags is simple, but charming and exciting. A contestant who knows little about small prizes but lots about cars can make up for it by picking the car’s price exactly, and vice versa. The game’s “True/False” element is unique to this game, and has tripped up many a contestant who contracts “Falsitis”. It’s among the oldest games on The Price is Right to remain “as is”, without major set changes or rule tweaks.

S1, September 26 1972 – Present
Likely created by Mark Goodson, with Roger Dobkowitz suggesting the “True/False” portion
S1, Oct 2 1972

Bob shows Linda the eponymous five price tags. One of those price tags belongs to the prize she can win…

A 1972 Vega Kammback Wagon!

She can win a pick of the five price tags along with this ring. The price shown is $175, is it true or false?

Linda says that price is false…

…and it is! She’s won the ring….

…and one of the podiums behind the car lights up to signify she’s also won the right to pick a tag.

In fact, she wins the next two prizes as well! She’s got three picks, and is going for a clean sweep…

Is this hair setter $30? True, or False? Linda says true…

…she’s right! Four prizes and four picks are hers.

She still has to pin down the car’s price to seal the deal. Her first pick is $2665…

…and we have a winner!

Linda couldn’t have played any more perfectly!

Bob peeks in the next prize to make sure it’s been loaded correctly.

This is a very expensive car for 1977!

Oh no! Temera’s got a case of “Falsitis”. She’s guessed False on the first three prizes, and ALL of them were true!

She has to win this spice rack to stay in the game. Shown price, $36. Is it True or False?

Temera sticks to her guns, and says False…

…and it FINALLY pays off. She’s still alive!

She’s only got one pick, shown by the one tag illuminated in the background.

One pick was all she needed! That’s a $42,000 van in today’s dollars!

Temera goes wild running laps around the studio!
S12, Feb 2 1984

Things don’t always end so happily. Joycelin wiped out on all four small prizes in a heartbreaker.
S16, Mar 1 1988

The orange price tag was replaced with a “WIN!” graphic around 1988. Everything else about the game’s set has stayed remarkably resilient over the years.

AWWWW! He found all four fakes!
S37, Apr 27 2009

Byard also caught “Falsitis”. He guessed False all four times… and all four prizes were True!
S38, Feb 9 2010

A few years after Drew took over as host, he decided he preferred letting the models reveal the tags and get in on the fun.
S43, Apr 2 2015

In a memorable blooper, Manuela accidentally revealed the winning price early… forgetting Andrea still had two picks left!

Manuela hides in shame! (Don’t worry, she laughs about it now.)
“Let’s Make a Deal”, May 11 2016

A year later, she even brought the game to Let’s Make a Deal’s “Mash Up Week”. A clip of the blooper was played, and if the LMAD contestant could remember the price she prematurely revealed, they won $20,000.
S52, April 1, 2024
Drew doesn’t know this episode is going to air on April Fools’ day. All the small prizes are coffee mugs!
- Separate True info from False at the Golden-Road FAQ on Five Price Tags
- Tag the year 1972 in the Tiny Timeline
- Drive down to other early car games introduced this season like Money Game and Lucky Seven
- Learn about other early games using small prizes like Bonus Game or Cliff Hangers
- Return to “Golden Game Gallery“







