Mystery Price

A prize package was shown, including one (smaller) prize that was dubbed the Mystery Price. The contestant had to build up enough of a bank to cover the Mystery Price.

The contestant had four chances to build up their bank by bidding on four small prizes. If their bid was under the ARP of the small prize, that bid went into the bank; however, if they overbid, $0 went into the bank. After four bids were made, the Mystery Price was revealed. If the contestants’ bank met or exceeded the Mystery Price, they won the entire prize package.

Mystery Price had a nifty idea at its core, but its presentation confused contestants and Bob had to overexplain each aspect to compensate, causing the game to run too long. It only lasted 17 playings in Season 2 before being quietly retired.

A scene from The Price is Right in 1973 featuring a host pointing to a large 'Mystery Price' display while a contestant stands beside him.
17th pricing game to debut
S2, September 26 1973 – S2, February 21 1974
Likely created by Frank Wayne
S2, Oct 9 1973

The prize package for today is themed around “appliances”! A washer/dryer, a refrigerator, a supply of cleaner, and….

…the Mystery Price prize, a Eureka vacuum!

And Carolyn can win the whole package playing Mystery Price!

The price of the vacuum is concealed behind this window. If she can bank enough to cover it, Carolyn wins all of the appliances.

She’ll get four chances to add to her bank. Her first chance comes bidding on these pairs of slacks.

Carolyn counts them, and bids $65.

Actual Retail Price… $80! She didn’t overbid!

Carolyn wins the slacks, and $65 goes into the bank.

The next prize Carolyn will bid on? A series of children’s books. Carolyn bids $105…

And she’s under on those, too! Add $105 to the bank!

Unfortunately, she overbid on the other two prizes and couldn’t bank more. If $170 is enough to cover the price of the vacuum, she’s still a winner…

…and she’s got it! Enjoy the appliances!

S2, Oct 5 1973

Another prize package is themed around “things to entertain”. The espresso machine on the table at the right is the Mystery Price.

Hey, in the right hands, a chainsaw could be a PERFECT thing of entertainment!

S2, Nov 29 1973

Bob had a habit of overexplaining every possibility that could happen, which may have confused contestants further and caused the game to run too long for a half-hour show.

It’s a stereo, a game table, and the Mystery Price prize, a sewing machine! What do these have in common? I don’t know either!

Too bad… she alternated between bidding too conservatively and overbidding, and fell short of covering the sewing machine.

S2, Jan 21 1974

It’s a NEW CAR!… and a set of tires, and a car radio to serve as the Mystery Price!

Wow, Thelma nailed all four prizes, including a $99 bid on the last one!

She had the price of the car radio covered, and THEN some!

S2, Jan 31 1974

The most fun aspect of the game was seeing how they’d tie the Mystery Price prize in with the rest of the package. Here the prize is a bicycle, to go with a camper, fishing equipment, and a supply of rye crackers.