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Topic: Post War Rick - $1,111 ! |
Jeff Watson
From:
Anza, CA. USA
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Posted 29 Jan 2006 6:53 am |
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I was surprised nobody mentioned this eBay sale a couple days ago Auction on eBay. I trade in the precious metals market because of some very strong doubts I have about our economy/debt levels and monetary system. There has been a huge breakout of late in the prices of gold/silver as well as all commodities (oil, timber, etc.). These are the things (along with all hard assets & collectibles)which people turn to when they begin to doubt the future purchasing power of their paper dollars. The government publishes endless numbers to assure us that there is no inflation (from their printing money out of thin air, a very lucrative business). I would suggest that if you want a good inflation index, you just keep your eye on the price of Ricks. While it is true that the market is finally discovering the true worth of the finest lap steels ever made, INFLATION is what is really pushing prices. Don't be too anxious to cash in that old beater Rick yet, this thing may just be heating up. OK I'm finished with my public service announcment, flame away.
Edited by Brad Bechtel to shorten the URL.[This message was edited by Brad Bechtel on 29 January 2006 at 10:05 AM.] [This message was edited by Jeff Watson on 29 January 2006 at 02:46 PM.] |
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Gerald Ross
From:
Ann Arbor, Michigan, USA
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Jim Phelps
From:
Mexico City, Mexico
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Posted 29 Jan 2006 7:52 am
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| I would think that being "VERY near mint" is probably the reason. |
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Andy Volk
From:
Boston, MA
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Posted 29 Jan 2006 7:57 am
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| All of the above ... however, are black painted plates factory original? |
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Jeff Watson
From:
Anza, CA. USA
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Posted 29 Jan 2006 8:07 am
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| My geuss is that 2 years ago a "near mint" post war w/refinished plates and presented with the finest of production values would have brought $600 - $700 tops. |
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George Rout
From:
St. Catharines, Ontario, Canada
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Posted 29 Jan 2006 8:12 am
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| Maybe the buyer was Ray Montee who wanted it for spare parts!!!!! Geo |
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Ray Montee
From:
Portland, Oregon (deceased)
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Posted 29 Jan 2006 9:30 am
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NO! No! no! Not me, I didn't do it.
Nor did I go the $350-530 for the 2 broken Ric's. |
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Jon Light (deceased)
From:
Saugerties, NY
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Posted 29 Jan 2006 9:44 am
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Although I consider the price astonishing and although I don't doubt the direction of the economy (down the crapper) I have some vague ideas about the impact of ebay, the forum, the internet in general with its instant access to info and global marketplaces as all being factors in these price tendencies. As can be seen on the forum, you have some old-timers who are just getting online and joining the fun, continually expanding the market, you've got affluent people just discovering the coolness of collecting some very cool steels of all types (the Sho-Bud & Emmons values have certainly seemed to appreciate over the last year too). And I believe that the Forum generates a certain amount of lust. A few thousand steel fanatics simultaneously looking at and talking about a piece of eye/ear candy is a lot more powerful than anything that could be generated in the past from a classified ad in the paper or a store in a town somewhere---it just seems to me that all these factors might gain a certain critical mass that has this inflationary impact on our steel market.
I hold no emotional stake in this ramble and I'll be fine if anyone disagrees or refutes anything in it. |
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Bill Creller
From:
Saginaw, Michigan, USA (deceased)
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Posted 29 Jan 2006 11:32 am
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| Maybe if we wait around a few more years, all the hi-buck Ricks will go cheap when the value goes back down to normal. |
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Jude Reinhardt
From:
Weaverville, NC
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Posted 29 Jan 2006 2:14 pm
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I missed it by a decimal point with my bid of $111.11
Jude |
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George Rout
From:
St. Catharines, Ontario, Canada
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Posted 30 Jan 2006 2:40 pm
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Hey Jude, you'll just have to learn the metric system, and drive in kilometers, feel the temperature in celcius, measure the rooms in you house in square metres, purchas your gas in litres, and buy your Rickenbackers in kilodollar$!!!!!
Geo |
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