What happened to the Rick Hinderer section, and what happened!!

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Can’t find any info on rick. Was he a paid fireman or a volunteer. Where did he work and how many years. Did he promote up to capt or pod?

love the prices right now. Able to get my hands on a few for great prices. The shop should be open cranking out more.
 
Well, you've gotta do the research before you invest. Most people here would have told you investing in knives is generally not wise if the aim is to make money. The risk is just too high compared to the rewards. Consider the money lost a tuition fee for a life lesson.
 
Considering the overhead cost of keeping said vehicles in good shape and in good standing to the value curve, i would be hesitant to include them on that list.

Grandpa wouldn't include them, and he's done all the above his whole life. He's always said that if he were to do it all over again, he would have bought way less cars and way more guns and ammo.
I missed out on the super steep curve on the guns, most things truly worth anything are getting to be prohibitively expensive unless you're a doctor or a lawyer. For instance... Granpa bought his Lahtis out of a magazine ad in the 60's, nearly new in their coffins, sled mounts, extra barrels, extra mags... He said the freight bill was more than he paid for the guns... Ammo less than a dollar a round..
Compare that to current status.
There was a time when spending thousands buying weird old crap out of magazines could make your construction salary into a multi million dollar collection pretty quickly. Not anymore, tho. You want a million dollars worth of machine guns, you gotta pay pretty close to 80% of that to get em.
Regardless, they aren't making more of them, so they only get more expensive. And if the economy totally shits the bed, they still wont beat hyperinflation just because of the limited number of people that have the scratch to buy em. But so far, there isnt any metal that's held up against the economy quite so good as old German and Russian steel.
 
BTW, OP, might want to sell your precious metals and buy oil instead. Good time, right now :)

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Look at it this way, you won’t lose money unless you sell them for less than what you paid. As long as you decide to keep them, YOU WIN!!!!
 
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This thread is wild. :D

I called my broker and asked him to buy me some antique machine guns, but he hung up on me. Oh well, no worries, but can anyone help me figure out where to put the 600 barrels of crude oil I just bought? ;)

I've only owned one Hinderer, but it was a nice knife. I missed the stage where they were in short supply and prices were sky-high, but that same arc seems to be playing out with Grimsmo knives. I've watched Norseman go from I WILL SELL MY MOTHER FOR THIS KNIFE to fetching sticker price or less.
 
Wow, guess I'm not up to speed on my knowledge of the history of RHK. I had no idea you had to spend 1k and up on his knives?

Was it demand, rarity, or like our modern day sprint/exclusives?
 
Cscotttsss said:
Wow, guess I'm not up to speed on my knowledge of the history of RHK. I had no idea you had to spend 1k and up on his knives?

Was it demand, rarity, or like our modern day sprint/exclusives?
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Back then, sales were restricted to military and first responders, and (IIRC) only direct from Hinderer, so the general public was SOL. Even so, orders were taking months to be filled. The combination of high demand and low supply created massive price inflation on the secondary market.
 
Cscotttsss said:
Wow, guess I'm not up to speed on my knowledge of the history of RHK. I had no idea you had to spend 1k and up on his knives?

Was it demand, rarity, or like our modern day sprint/exclusives?
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Rarity. Low production volumes that were snatched up by people only buying to resell for a huge profit, mostly.

It was pretty silly; I remember a pretty basic XM-18 that had a custom scale set and anodized screws going for a truly absurd $1.5k moments after it was posted. I remember looking at it and thinking "why would anyone pay that much for this knife" and then another post hit that thread and it was insta-sold.

There are plenty of knives fetching silly prices still, though. Based on hype and somewhat limited availability Shirogorov knives are fetch much more than they're worth, IMO--I fail to see how a basic Shiro is worth 50%+ more than a similarly or better configured Koenig, Olamic, CREWK, etc. knife, and I've owned three Shiros.
 
OrangeBlueOrangeBlue said:
Back then, sales were restricted to military and first responders, and (IIRC) only direct from Hinderer, so the general public was SOL. Even so, orders were taking months to be filled. The combination of high demand and low supply created massive price inflation on the secondary market.
Click to expand...

Thanks for the info bud.
 
Lee
Lee D said:
I might add classic cars and scooters to this list, but that’s about it. I remember when I thought my baseball cards were going to be a worthwhile investment.
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Lee, you still have your cards? Depending on whom and the years, cards have actually skyrocketed back up in prices the last few years. If you have them and do some research you might have some good ones that you can sell on the selling app sites no problem.
 
I actually kind of feel bad sometimes when I see a beautiful custom on the block going for 1/2 the initial investment or someone trying to recoup on a knife and you know it's not going to happen. Only a few makers have the esteem to build heirloom pieces that hold or increase value and that's only if someone's willing to buy. In almost all cases value decreases just like a car, drive off the lot and you lose a few thousand in the 1st block. A BNIB CRK sold on the secondary market is not going to bring back the initial investment when someone can buy their own from any # of dealers for the same $$ unless it's REALLY special. Just taking it out of the box costs you at least $25.

So yeah, as an investment knives are sure to drain the account unless you buy low and sell high or make you're own high end customs, that's the only place where there's $$ in knives.
 
ferider said:
BTW, OP, might want to sell your precious metals and buy oil instead. Good time, right now :)

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Dadpool said:
This thread is wild. :D

I called my broker and asked him to buy me some antique machine guns, but he hung up on me. Oh well, no worries, but can anyone help me figure out where to put the 600 barrels of crude oil I just bought? ;)

I've only owned one Hinderer, but it was a nice knife. I missed the stage where they were in short supply and prices were sky-high, but that same arc seems to be playing out with Grimsmo knives. I've watched Norseman go from I WILL SELL MY MOTHER FOR THIS KNIFE to fetching sticker price or less.
Click to expand...
Don’t invest in crude oil! We may see negative futures trading again before this crisis is over!

Oh, that’s right. This thread is about knives. What a boring subject! :D
 
We’re also seeing a similar backwardation in Shiro prices. It’s not as extreme as what happened to RHK, but it wasn’t uncommon to see Shiros with contango prices. Now they’re beginning to sell on secondary market very close to original retail.
 
Hackenslash said:
Don’t invest in crude oil! We may see negative futures trading again before this crisis is over!

Oh, that’s right. This thread is about knives. What a boring subject! :D
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I for one didn't say crude :)

To stay on subject: bought this one for $325 from a dealer last year. Love it. Since then, prices have been going up again.

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What's not to like ? :)
 
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