how much is your knife collection worth?

I encourage people to keep a spreadsheet or physical inventory of your knife collection, not only for insurance purposes in the event of a loss, but also for your spouse/family when you die; you want your collection to realize the maximum value for the family if they choose to sell the knives rather than keeping them.

I keep a spreadsheet, keeping the date I took ownership of the knife, how much I paid if I bought it, specific details about the knife like type (fixed, frame lock, slip joint etc), how many blades, manufacturer, model, handle material, blade material, who I received the knife from, any serial number, and finally my conservative estimation of what the knife is worth in used condition.

I also have a spreadsheet for firearms.

best

mqqn
 
mqqn said:
I encourage people to keep a spreadsheet or physical inventory of your knife collection, not only for insurance purposes in the event of a loss, but also for your spouse/family when you die; you want your collection to realize the maximum value for the family if they choose to sell the knives rather than keeping them.

I keep a spreadsheet, keeping the date I took ownership of the knife, how much I paid if I bought it, specific details about the knife like type (fixed, frame lock, slip joint etc), how many blades, manufacturer, model, handle material, blade material, who I received the knife from, any serial number, and finally my conservative estimation of what the knife is worth in used condition.

I also have a spreadsheet for firearms.

best

mqqn
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Probably don't need to remind you, but keep those spread sheets some where secure. That is a gold mine for a scum bag would be thief.

I do like the idea.
 
mqqn said:
I encourage people to keep a spreadsheet or physical inventory of your knife collection, not only for insurance purposes in the event of a loss, but also for your spouse/family when you die; you want your collection to realize the maximum value for the family if they choose to sell the knives rather than keeping them.

I keep a spreadsheet, keeping the date I took ownership of the knife, how much I paid if I bought it, specific details about the knife like type (fixed, frame lock, slip joint etc), how many blades, manufacturer, model, handle material, blade material, who I received the knife from, any serial number, and finally my conservative estimation of what the knife is worth in used condition.

I also have a spreadsheet for firearms.

best

mqqn
Click to expand...

Great idea! I had never thought about that.. I think I will too
 
Or maybe it would be enough a tag attached to the knife, saying the brand, model name, the value estimate, etc..
 
Best guess, around $20,000. A few high dollar customs from unknown makers that became famous. Most from out of production knives from the old days.
 
To answer the question honestly....

Don't know.
Don't care.

If I ever decide to sell something, I assess it's individual value and put it up on the Exchange.
Most of my knives aren't going anywhere. Maybe one day I'll document something for insurance purposes.
 
I have about 25 knives in my collection and just the four Chris Reeve knives I own I paid about $1200. The other knives vary in cost from a few dollars (Opinel No. 8) to several hundred dollars and every thing in between. I don't want to tally it up. Ha!

Sent from my HTC6545LVW
 
Fifteen thousand beans, +or- 2K, easily.
Then there's the sharpening gear, storage systems, lanyards, beads, lubes, and other related stuff.
It all adds up.
And for anyone wanting to commit a felony relieving me of my goodies, be careful of the cameras and dogs.
 
Besides kitchen knives my firends probably own an average of $20 in pocket knives; that is, if they have one, it is a single victorinox swiss army knife. So i guess by compsrison to the average american, we are all pretty extreme even those on the lower end
 
I have over $50k laying around the house and more in the shed. Come and get them :D
funny_street_names_640_27.jpg
 
I know that place well. Used to take infield mix to partac pete there. There's hugh boulders up along the hill waiting to fall on you. It is typical of the road names your gps will plot to take you if you drive a truck. Others like, Hell of a Hill Rd.
 
No spread sheet needed here. I have been trying to bring my collection down to what I use and carry. Everything else is on the trading block. I count 12 knives on my shelf.

Adding them up close to $2000- $2500 street value. :D

Wayne- 1/8 of your collection is here with me!!!! :thumbup: :D
 
Many thousands tied up in sharp pointy things!!
Here are my 'camera' & 'alarms'!!! Come by for a nice visit!!!
Joe
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mqqn said:
I encourage people to keep a spreadsheet or physical inventory of your knife collection, not only for insurance purposes in the event of a loss, but also for your spouse/family when you die; you want your collection to realize the maximum value for the family if they choose to sell the knives rather than keeping them.

I keep a spreadsheet, keeping the date I took ownership of the knife, how much I paid if I bought it, specific details about the knife like type (fixed, frame lock, slip joint etc), how many blades, manufacturer, model, handle material, blade material, who I received the knife from, any serial number, and finally my conservative estimation of what the knife is worth in used condition.

I also have a spreadsheet for firearms.

best

mqqn
Click to expand...

I have the same kind of spreadsheet. It's really handy to keep me from inadvertently buying the same knife twice (unless intended). That should give an indication of how many knives I have. :p

I have 3 different knife values on the spreadsheet:
1. The MSRP (if available). I use this for insurance replacement value for most knives.
2. The actual price I paid for the knife. This serves two purposes; when combined with purchase date it helps me keep track of how much I'm spending on knives. It also provides really good info to give the wife if I ever decide I want her to divorce me.
3. Then, for some knives like customs or LEs, I put in a true replacement cost of getting a rare knife on the secondary market.

It's really cool that I can use the @sum feature to total up all of those values at the bottom of the spreadsheet...

I never scroll down to the bottom of the spreadsheet...
 
sharp_edge said:
whatever my paid prices were, I think if I sell my entire collection now, I am going to lose at least 30% of what I paid. And I am talking about knives that have never been carried and only rarely used. It would be foolish to think buying and selling knives can make m4oney or break even. Luckily that is never my purpose.
Click to expand...

I personally count on about 50% of purchase price with knives should I ever sell. With firearms, I figure I will average about 60%-70% of purchase price on general firearms (an example might be a Ruger 10/22). That said, my firearm collection is worth far more than I ever paid for it especially Colts and so forth I have owned for many years. It is not a money thing with knives for me. As I mentioned before, I really don't know how many knives I own or what they are worth and often what I paid for them.

Added: I was in a gun store yesterday looking for a particular rifle. I noticed they had Colt Pythons with an asking price of $3500 to $4000. Some grips (stocks to you Colt guys) were there at $450 each. I have sets of grips lying around for years. But the prices mentioned should give you and idea of value especially when I may have purchased a Colt for $300-$500 or grips for $20.

As mentioned by some posts, a spreadsheet itemizing things is always useful. With knives, there are many knives that I own that I don't even know the name or model.

Added: The post above made me remember that I have in fact purchased the same knife multiple times because I forgot I owned one. My tastes are consistent. These are usually spur of the moment purchases at stores or shows. I often don't even know (or care much in actuality) until perhaps a year or two later when I am digging through my knife accumulation and find I own several of the same knife when I had no intention of buying multiples in the first place. The only knife that I consciously buy multiples of is one particular SAK model that I carry just about every day. I loose things on occasion.
 
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