In my manual labour days I often bought old tools because they were so much better than the new ones...except...
Take a Stanley number 5 Jack Plane. An old one weighs less, is flatter, has nicer handles, the iron sits better and the adjustments are better... than a new Stanley. However they are both worse than a Veritas one made on modern equipment, but... at four times the price.
What happened here is that a Stanley in 1940 cost a serious amount of money. A Stanley in 2018 its quite cheap because Stanley decided to stay mass market by reducing quality. However the space they left has been back-filled by newer higher quality makers using modern materials and techniques.