Investing in past greats or modern masters?

What I mean by way overpriced for what they are is that young makers, some only making knives professionally for a couple years that fetch close to $1000 that have uneven blade grinds, blade play, off center blade when closed, beadblasting blades instead of polishing them, raw titanium handles with no scales on them. A lot of these knives are very basic folders, nothing elaborate on them at all.

I would agree that these knives are extremely overpriced. The makers you are referring to here are not modern masters, they are new makers that have not done enough research into how they should be pricing their knives. They think that because established makers get a certain price for their knives that they should be able to get the same. They should be asking respected makers and dealer to cirtique their knives and give them honest feedback.
 
I am reading from a August 2006 TRUE WEST magazine which shows some bowies sold at a Greg Martin's auction on April 24th 2006 Listed:

Gold and silver monunted San Francisco dress Bowie knife by Michael Price; $120,000

Gold and silver mounted San Francisco dress spearpoint Bowie with walres handle by Will & Finck; $45,000

San Francisco bowie stamped 1872 by Will & Finck; $105,000

and the earliest known San Francisco maker: H. McConnell circa 1852 Bowie (the only one known to exist today) bowie-stlye knife for; $120,000

I think the dead and gone greats are worth the most,. The previous record was a Michael Price in a 2003 Martin auction which hammered in for $85,000
 
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