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I have an '87 Magnavox 12" B&W set that, IIRC, is either a rebadged goldstar or samsung. It's no where near as good as this TV.
I remember when these types of sets were in the $90-$100 range. By '86-'87, one could buy an Emerson or Goldstar for $59-$69. By the mid '90's, one could buy a 12" B&W for $29-$39. Those last gasp sets were not that well built, ran off a wall wart, and usually didn't hold up long; but, for $29, I guess one couldn't expect much.
It's funny that in the early '80's, a 12" B&W set was in the $100 range and was considered a cheap TV for the time. By the late '90's, it was common to find new 19" color TV's with remote for $100. Of course, these were usually cheap Funai built sets that didn't last nearly as long as the B&W.
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