Rick Hinderer Orange XM-24 knife raffle today at the ECCKS in Jersey City.

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I Went to the 24th East Coast Custom Knife Show / ECCKS today.
Got there late at 3:00pm, on the way in I decided to fill out a couple of raffle tickets, one for a chance to buy a Rick Hinderer knife
that Rick would later in the day pull the winning tickets/names out of a box.

At 5:00pm, an announcement came over the P.A. in the main hall to assemble out front for the Hinderer drawings.
If I remember correctly, there were 5 custom knives and 14-15 production knives.
A lot of the hard core knife nuts crowded in front of Rick standing on a table, I stayed at the outer perimeter of the 'crowd'.
Slowly and methodically Rick started picking ticket stubs with peoples names out of a box (you know the deal).
It took awhile because he had to first get through the first 5 customs before going to the 14-15 production knives.

The guys that got the 10 customs took their individual sweet time choosing from several different blade styles and/or scale colors.
When it got down to the last 5 or 6 production knives left.... Rick dipped his hand into he box and I heard my name.
I made my way through like Moses parting the Red Sea... and there I was, staring down at the last remaining 4 or 5 knives left on the table.
All flippers with either black or brown scales... except one orange non flipper which I took.

Beautifully designed knife with superb materiel's as many know.
However... this is not my kind of knife, I'll keep it for a few weeks then it's off to Dweebay.
Had a lot fun at the show, chatted with Doug Ritter and told him I prefer my Ritter orange Mini Grip. :D


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I don't know why, but it rubs me the wrong way to "win" a chance to BUY a knife from someone. I'm sure people would think poorly of me for this, but if I "won" I'd flip it like a pancake.

Bleh.
 
I'd get a xm if I were in the privileged group that were able to buy them at 400-500. If I got the "chance" to buy one at his raffle, I'd flip it as well
 
So instead of offering everyone the chance to buy one of his knives at direct prices, you'd rather have them all sold out to the first 20 or so people that show up at the table?
To me, the lottery/raffle system is the most fair way to do things with a maker so in demand. Again, if he just had them on a table available to buy, there would be guys running in the doors the second the show opens to buy them all up. I say be thankful that Rick recognized such a problem and implemented a system to give everyone a chance.
Also of note, Rick could just as easy apply his standard business model to the shows and not sell ANY knife to anyone not in the military, police, EMT etc.

I also find it funny that some would criticize Rick for having a raffle system to sell his knives which I find pretty generous, while encouraging flipping said knives for profit which can be seen as greedy... I mean, do what you want with your things. If you wanna make money, do it. I've got no problem with selling knives at profit, I have done it. Just recognize that without this lottery system, some of you who want to get these knives to flip them, wouldn't even have the chance to get one.
 
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The way I see it is, If you just want to flip the knife, don't enter. It's that simple. Granted, you can do as you please but the lottos are in place for those who aren't a first responder and can't get one directly. I have no problem with the lotto system as I feel its a more fair way of selling. I DO have a problem with people who don't have any interest in keeping the knife and just enter to make a profit- as many dealers do.
 
He needs to get a wait list because this raffle is not working. I was there both days and out of all the knife makers there he is obviously a favorite. I mean when you have 100+ people standing in the hall waiting on a "Chance" alongside VENDORS who are just gonna turn a profit on the knife they win is BS. He needs a wait list and call it a day. People would get what they want after a period of time just like all the other great knife makers out there. The idea that i spent 16hrs of my life wasted just waiting on a chance to BUY his knife seriously gets under my skin. Almost to the point were Strider is looking better and better.
 
He needs to get a wait list because this raffle is not working. I was there both days and out of all the knife makers there he is obviously a favorite. I mean when you have 100+ people standing in the hall waiting on a "Chance" alongside VENDORS who are just gonna turn a profit on the knife they win is BS. He needs a wait list and call it a day. People would get what they want after a period of time just like all the other great knife makers out there. The idea that i spent 16hrs of my life wasted just waiting on a chance to BUY his knife seriously gets under my skin. Almost to the point were Strider is looking better and better.

+1

Let me clarify. I would not enter. If I bought one I would keep it. If I won one I would keep it. But I wouldn't buy one so the first point is moot.

You guys have some good points but I stand by my first post.
 
I don't know why, but it rubs me the wrong way to "win" a chance to BUY a knife from someone. I'm sure people would think poorly of me for this, but if I "won" I'd flip it like a pancake.

Bleh.

Haha, I didn't catch that the first time. I thought OP had WON it in a raffle, not won a chance to buy it. That sounds like one of the lamest raffles of all time - if you win, you still haven't won anything at all (except the chance to give Rick Hinderer YOUR business). :eek:

Maybe it works, maybe it's "generous" (although I don't see how selling your products for profit is 'generous'...in the rest of the world, that's called 'business'), but it seems kind of silly to me.
 
It's generous to sell to everyone when your regular business model is to sell ONLY to military, law enforcement, etc.
If he wanted to he could keep that business model at the shows and then it would remain that the only way to get one is to pay $750+ on the secondary market, so yeah I see it as generous to offer the knife-buying public the chance to get an XM-18 at $385.
 
Haha, I didn't catch that the first time. I thought OP had WON it in a raffle, not won a chance to buy it. That sounds like one of the lamest raffles of all time - if you win, you still haven't won anything at all (except the chance to give Rick Hinderer YOUR business). :eek:

Maybe it works, maybe it's "generous" (although I don't see how selling your products for profit is 'generous'...in the rest of the world, that's called 'business'), but it seems kind of silly to me.

Every custom/mid-tech maker who holds a lotto runs it this way. RJ Martin, Todd Begg, Allen Elishewitz and several others do the very same. I think its a nice gesture that they give the opportunity to avoid crazy mark up prices. They could very easily say "tough $^it" and just sell to the first buyers (who at shows would almost always be dealers) and then any other collectors would basically be forced to pay secondary mark ups. I suppose it really depends on how you look at the situation.
 
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