Great Eastern Cutlery Update

S

sharp-e

Joined
Aug 10, 2008
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it's been almost 2yrs. since gnc made it's debut. i've bought a few and am impressed with the fit, finish and overall high quality. i'am interested in hearing community feed back. how do they stack up against the competition? is there a place in the collector/investment arena? or will these knives be more suited for the user market? some of the runs were very limited and may not be repeated in 08 or any other year.
 
GEC has sorted out their initial growing pains, and make fantastic knives! I think they will always have limited output, which will make them collectible in the future. If 5000 of something is made, you can always find one to buy, keeping the price down. But in small quantities, certain ones will be scarce. I'm putting some back.
 
when you say putting some back,exactly what do you mean and what's the reason in doing so?
 
sharp-e, he's storing some of the more desirable ones on his vast knife cript beneath the permafrost of the great Canadian North, there to grow in value where no light or foul air shall reach them. It's been said that the increase in volcanic activity under the northwest pacific is in direct contrast to the increase in weight this collection has placed on the Pacific plate.
 
sharp-e, I am putting a few in my safety deposit for the future. I'm betting that they will go up in value before 10 years, when I'll probably sell a bunch of knives to keep the wolf from the door, being too decrepit to work any more (me, not the knives!!):D
Eric, quit telling people where I hide my knives:rolleyes::D
 
waynorth,

any WAY we can get some insider info on the future investments.any proto's in the vault (grits&molasses #53 etc.).how do these knives stack up against the comp. or do they have any?now that there gone '06 & 07's' it's probably ok to pass on some collector insight. 10yrs. is a long time.'The future's promised to no one'.
 
sharp-e, he could tell you but then he'd have to kill you. :eek:

Charlie, who you kidding about "ten years"? ;) (Just kidding, just kidding...:p)
 
from the way it sounds, i probably would't be stabbed to death.if i'am not mistakin won't blood stain '1095'? some pis. would be nice! and yes i'am aware of gnc's brand 440c stainless.
 
Here is a picture of mine. I believe it to be a fine knife and I am very satisfied.

GEML538308LL.jpg
 
Hah yes Mike I bought it from one of the most reputable knife dealers in the world. Oh and a great photographer also ;) Thanks for the great service.
 
Wow! What a beautiful knife. I have been thinking about one of these to put on my Christmas list but have not seen that handle. Very Cool!
 
Waynorth I agree with you, GEC should be a good investment for the future. I have been putting a few back and plan on putting a few more away as soon as finances allow. I do have a #53 grits and molasses and it is really a pretty knife.
The new ones are just serial numbered for the first 50, so that might make them worth more in the future. Who knows?
 
sharp-e said:
waynorth,

any WAY we can get some insider info on the future investments.any proto's in the vault (grits&molasses #53 etc.).how do these knives stack up against the comp. or do they have any?now that there gone '06 & 07's' it's probably ok to pass on some collector insight. 10yrs. is a long time.'The future's promised to no one'.
Click to expand...
What will be worth more in 10 years is a guess, sharp-e. I would be guilty of impersonating an investment counselor if I advised you any further.:D
Some say that mint old knives are the best investment. An awful lot of $50 brand new knives purchased in the last 10 years are worth $40 today!!
$20 Schrade knives from 1935, if mint, can be worth $1000-2000 today!!:eek:
How old are you??
 
i'am old enough to know better. i've been collecting randall's for quite a while, and after speaking to Perry Miller & a few others far more knowledgable than me ,convinced me that my money was well spent.my hats off to collectors.net from which i purchased a mdl.#53 brimstone 1 of 35 with seperate 2007 tang stamp which is no longer used.the grits & molasses is one i would like to own. are there any proto type or open house owners w/ pis. out there? i'd like to put some pics. up but i guess i'll need to anty up. i was always a fan of fight'n rooster.then came great eastern cutlery. i have to give credit were credit is due. as manufacturing has all but dissapeared from this country here appears GNC built in the U.S.A lock stock & barrel. i could think of worst places to invest my money!!!!!!
 
Hard to say what the future holds...not all knives go up in value. However, I remember Jim Parker calling me several years ago almost begging me to buy Case Classics for 22.50 each. I wish now that I would have bought 1,000 instead of 10. On the other hand, I bought a ton of Camillus Jerry Fisk OVB's when they were running them a few years ago. I'm still sitting on almost all of them today.

One thing I've noticed about GEC that I really like is that they only make 2 Prototype's for their models. A lot of the others make a ton of them and that certainly doesn't help the value.

Overall, if you're buying knives for investment, it's no different than the stock market. It can be very risky but, knives are a lot more fun!
 
It's nearly impossible to determine what type/brand/style of knife to collect (for financial gain) due to the fact that the market is driven by fad and fashion. Traditional values (construction techniques & quality, etc) are all interesting aspects, but what is going to be "collectible" in 10 (50) years is anyone's guess. It will be up to the people doing the collecting in the time they're doing it.

Granted, you're probably not going to lose money getting a true craftsman piece (the value of a Bose knife is unlikely to go down, for instance), but a new $50 knife today? It could be worth $35 or $90 tomorrow.

I've bought production knives in the last three years that are no longer made. In some cases I could double my money on them. In others, not so much.

-- Sam
 
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