Great Eastern Cutlery Update

Speaking strictly for myself, I don't purchase a knife with an eye toward what it will bring in the future.

I purchase what I like. If I decide to part with a knife and it's worth more at that time, all to the good. If I sell it and break even, no harm done. If I lose a little, no big deal as I got to enjoy the knife while it was in my possession.

There are much better investments for the purpose of growing your nest egg (imho) though they may not be nearly as much fun.

Still, I think it would be a disservice to most folks to not try to disabuse them of the notion that knife collecting is going to be a good way to "invest" their money.

(Buy what you can safely afford to buy and enjoy and you'll hopefully never have to look back and rue the day.)
 
Knives are not a 401K, I have put back some in hopes they will go up in the future. With that in mind, no one can say which will go up or down in a few years. Hopefully if they are bought with future sales in mind, they will increase in value. Just this last weekend, I met a couple that was selling out their collection. Remington bullet knives for $25 each, most everything from 1984 up into the mid 1990's. Maybe what was a bad investment for them might be good for someone else. Can you afford to sit on them for upwards of 25 years and not realize any gains? I don't think they planned on selling them that cheap, but things happen.
They had some very nice knives from various makers, all at good prices. Some were more than they probably paid for them and some were quite a bit less. I guess we just don't know what the future holds.
 
don't know were this 10yr. number came from or what that figure has to due with anything. my quote was ' tomorrow is promised to know one'. if you do the leg work,you'll end up on the plus side. like the experts said, if you invest in a company were the word proto type is just a sales gimmick then chances are you made a mistake.
the key is to buy rite in the first place. if you start off at list price you could be in for a long wait.
how long can collectors treat steel quality as a minor issue when chosing there knives? again there's nothing wrong whith 420hc, but there is somthing wrong when for the same price you can get ats-34 (loveless) or 440c steel and its from the same company no less.
 
The subject of GEC prototypes came up here. What do they sell for? Double a regular one? More? Do they change hands at all??
 
As far as I know, Bill Horn has one for sale at 4x's face value, Lee's cutlery had one for $700 but I believe it has been sold. Anyone else out there with info look forward to hearing about availability, prices, and pics'. As far as I know GNC produces prototypes in 2 pcs. which is the way it should be. I'd also like to know why there are still very limited knives still available? Lack of interest, lack of knowledge, or lack of cash? Other companies are cranking them out like there is no tomorrow. Good luck with that game plan. The word limited edition prototype and short run have been used to sell thousands of products. Great Eastern Cutlery produces knives the old fashion way, those words are not lost with this traditional company.
 
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