Ray, I think there is a downturn in all collectibles. I just saw a Victrola 12 on ebay sell for $499. and it went to the only one bidder. Eight years ago there were two at Union and they both sold for $1200. I knew one buyer and he was thrilled to get it. I also saw a BY with the correct matching serpentine cabinet, no bidders at $7500. I remember that the same set sold at the Cecil Dancer auction for $12,000. That must have been 5 years ago. Even Operas that were 7500. to 8000. are now selling on ebay for 6k. Thats just my observation, but I have reavaluated my collection down 30% as I will need to project for my retirement. Al Menashe ----- Original Message ----- From: "Raymond Wilenzick" <wilenz...@bellsouth.net> To: <phonol...@yahoogroups.com>; <Phono-L@oldcrank.org> Sent: Friday, February 20, 2009 8:36 AM Subject: [Phono-L] Phonographs and the economy
A friend asked me if this is a good time to sell his phonographs, or should he wait for better times? So, how has this economic disaster we are in affected our hobby? Common machines are selling for less than they did 20 years ago. Better ones are holding some value, but even they are down from a few years ago. Are the truly rare phonos, that usually trade privately between collectors, still selling to collectors with deep pockets? Is the hobby declining in interest from new collectors? Are phonos selling at the shows? Any comments along these lines would be interesting to hear. Ray _______________________________________________ Phono-L mailing list http://phono-l.oldcrank.org
