Les Robertson
BANNED
- Joined
- Oct 10, 1998
- Messages
- 3,565
Hi Kevin,
Ok, so now there is a separation of what is popular and what is not. I think this is an excellent observation for the collectors who are not advanced collectors.
That just because it is a Loveless does not mean that it is instantly pure gold!
I agree with you on this as well. Which leads me to wonder (given the level of knowledge of those pricing the knives for the auctions) what did they base their estimates on?
Was there some "historical" basis for these estimates. Or was it the "you don't ask..you don't get" school of thought?
That being said, how does this affect not just the Loveless knives that sold for below estimates...but those knives that did not sell at all?
Have we seen the top.
Or going to the questions I asked before:
Was this just anomaly or is this an indicator of future pricing?
In addition to these knives, as Martin pointed out there were several Loveless knives on dealers tables that didn't sell. I suspect most had them overpriced for the market.
Was that because they were looking for the big hit? Or perhaps they paid a lot and as such they had to get X amount of dollars to reach their minimum ROI.
Most ardent collectors and dealers know there is generally a 12-18 month bounce upwards in prices after a very well known (and in this case perhaps the Best Known Maker in the World) pass away.
Even if the knives were not the most desirable the prices seemed a little low.
Especially given the prices for similar knives built by those makers utilizing the Loveless design.
Given the amount of Loveless that are going to surface in the near term.
How is this going to affect other Legends makers knives. Such as Bill Moran who actually built the knives...created the ABS...inspired hundreds if not thousands of makers to forge blades. And built a lot fewer knives. Will the after market on his prices go up or down?
I have every confidence that the early Loveless knives and the ones that someone can prove that Bob actually made. Those prices are going to skyrocket.
Which was one of the reason I was asking the question about the Logo being changed.
First, from my observations those two models (though nice) aren't ones I would include in the most popular or sought after of Loveless designs.
Ok, so now there is a separation of what is popular and what is not. I think this is an excellent observation for the collectors who are not advanced collectors.
That just because it is a Loveless does not mean that it is instantly pure gold!
Second, the estimates were a little high in my layperson opinion.
I agree with you on this as well. Which leads me to wonder (given the level of knowledge of those pricing the knives for the auctions) what did they base their estimates on?
Was there some "historical" basis for these estimates. Or was it the "you don't ask..you don't get" school of thought?
That being said, how does this affect not just the Loveless knives that sold for below estimates...but those knives that did not sell at all?
Have we seen the top.
Or going to the questions I asked before:
Was this just anomaly or is this an indicator of future pricing?
In addition to these knives, as Martin pointed out there were several Loveless knives on dealers tables that didn't sell. I suspect most had them overpriced for the market.
Was that because they were looking for the big hit? Or perhaps they paid a lot and as such they had to get X amount of dollars to reach their minimum ROI.
Most ardent collectors and dealers know there is generally a 12-18 month bounce upwards in prices after a very well known (and in this case perhaps the Best Known Maker in the World) pass away.
Even if the knives were not the most desirable the prices seemed a little low.
Especially given the prices for similar knives built by those makers utilizing the Loveless design.
Given the amount of Loveless that are going to surface in the near term.
How is this going to affect other Legends makers knives. Such as Bill Moran who actually built the knives...created the ABS...inspired hundreds if not thousands of makers to forge blades. And built a lot fewer knives. Will the after market on his prices go up or down?
I have every confidence that the early Loveless knives and the ones that someone can prove that Bob actually made. Those prices are going to skyrocket.
Which was one of the reason I was asking the question about the Logo being changed.