Rexford's auction pieces is more expensive than 24K gold !!

[shqxk]

Just a fun fact that Rexford auction knife are always sold at $10,000+

For example. This recent auction knife end at 18,500USD

At present time, 24K gold price is about $1,230 per ounce.

These knife should weight around 5-6 ounces. That mean this knife is over 2 times more expensive than 24k gold at the same weight!

 

[NorthernSouthpaw]

I realize I'm being a bit brusque here, but......
A brand new Greubel Forsay watch costs over $600,000. What's your point.
Similar to most in demand knife makers, Todd's regular table prices are usually under $2000. This was an auction. That means people bid for it. If someone is willing to pay a premium. Who's to say they aren't worth that much?

 

[shqxk]

It just a fun fact mister.
No one complaining or saying it not worth the price.
There are canvas paint that sold for hundreds million dollar so a 20k folding knife is not that hard to justified especially if it the work piece from top class maker of the world. It actually good to see a young maker like Rexford sold his work for that much!

 

[NorthernSouthpaw]

OK
works for me.
Funny thing is his auctions usually go into the $20,000 range

 

[spyken]

If I recall correctly, one of his auctions went for $27,000. Think they're all bought up by the same rich buyer - for buyers at this level, this is nothing. Although they'll bargain you down when it's not an auction

 

[austonh]

There are about 30 guys worldwide who collect at the $20k+ level. Most of them work through the dealers like Recon 1 and others, so they can maintain a low profile. I think it's fantastic that individuals are willing to spend this kind of money with top tier knife makers. It allows said makers to create some truly incredible builds that can take months on end to complete. On a recent episode of the Gear Geeks Live Podcast, Michael Walker said that his zipper blade builds can take 4 months or so.

One thing I really love about his hobby, is that the price range extends from $20 dollars to $100k for any one knife. There is literally something for everyone.

 

[spyken]

yes, the complicated builds do cost a lot in time and materials (the risk of failure is high). I think if one were to breakdown the cost to the number of hours spent, it may not be astronomical. I agree with austonh that the big hands typically buy via dealers to maintain anonymity. It's all good to a certain extent. But the part that is not so nice for ordinary folks is that the makers refuse to do special customisation or materials other than for auctions. If you had a slot for a knife, some makers will only offer plain vanilla builds for you. The special stuff is reserved for lotteries and auctions. That's a little of a bummer if you have been waiting for years and years.

 

[ridnovir]

I realize I'm being a bit brusque here, but......
A brand new Greubel Forsay watch costs over $600,000. What's your point.
Similar to most in demand knife makers, Todd's regular table prices are usually under $2000. This was an auction. That means people bid for it. If someone is willing to pay a premium. Who's to say they aren't worth that much?

I do not think this analogy is justified the watches by Greubel Forsay are super complicated hand assembled intricate mechanical masterpieces that require months to put together; whereas a knife, even if it is made by Rexford, does not take that much time or that many minuscule parts to make nor is it as intricate as a mechanical watch

 

[TheEdge01]

Beauty is in the eyes of the beholder. If your pockets are deep enough, go for it.

 

[Alpha Knife Supply]

There are about 30 guys worldwide who collect at the $20k+ level.

The number is much higher than that. I suspect there are more than 30 super high end knife collectors in China alone. Another example is to look at the number of collectors who go to AKI.

The super high end knife collectors I know are very incognito.

Chuck

 

[scott.livesey]

As P.T. Barnum would say, "There's a suc*er born every minute." and his stuff isn't fancier than Jay Fisher. http://www.jayfisher.com/Macha_Navigator_Mookaite_Jasper.htm

 

[gastonian]

And I thought I was special carrying around my Hinderer XM-18 lol

 

[NorthernSouthpaw]

I do not think this analogy is justified the watches by Greubel Forsay are super complicated hand assembled intricate mechanical masterpieces that require months to put together; whereas a knife, even if it is made by Rexford, does not take that much time or that many minuscule parts to make nor is it as intricate as a mechanical watch

Yes, they are mechanical works of art.
But at the end of the day, a watch tells time. A knife cuts stuff.
Those who appreciate the details of multiple complications, custom pivots, hand assembly, etc.. are willing to pay for it
That was really the point I was trying to make. So I gave an extreme example.
perhaps a Walker would be a more appropriate comparison to a GF, But the GMT was the first HIGH end watch I could think of that I actually knew the price of without having to look it up (it's my grail... come to think of it, so is a Rexford).

 

[Cutlover]

Why is this surprising? Products aren't just priced based off of materials by mass.

Why does an Intel Processor cost $300? It's just a hunk of sand and metal, right? Intel just uses billion-dollar fabrication plants for no purpose, right?

I'll give you a hint as to why the Rexford is more expensive...as well as the Intel Processor...and as well as that watch.....LABOR COSTS AND BRAND NAMES. Obviously.