Why are busse knife values suffering

[DE OPPRESSO LIBER]

I DO NOT KNOW WHY BUSSE KNIFE VALUES ARE

SUFFERING SO BADLY WHILE OTHERS ARE NOT THE RECENT

DEVALUATION OF OLD SCHOOLS HOLY GRAILS HAS GOT ME BAFFLED!!!!!

THOUGHTS AND REPONSES REQUESTED.

 

[P-Easy]

At least now, I think it is Blade. I know I am saving my pennies for it!

 

[DE OPPRESSO LIBER]

These knives should not be going down in value they are true custom knives

made by jerry himself. And Jerry doesnt make knives anymore THEY SHOULD BE GOING UP NOT DOWN:thumbup:

 

[Jerry Busse]

Yep, we see the same thing every year as BLADE approaches. . . . and sometimes we see the exact same thing when we have a new ultra hot model coming out. This year we have both hitting at nearly the same time. . . . BLADE '09 and the Killa Z will both be happening within a very short period of time. . . .

Once you see some of the other stuff coming out you'll be shocked and awed. . .

Drink up!!!!!:thumbup:

Jerry

 

[MRpink]

It's just basic supply and demand. People can't sell it at the higher prices, there's no choice but to lower them.

 

[Gerberblades]

1. KnobCreek: After a big show like that, everyone is spent out.
2. The economy: It not the greatest right now, and when people get extra cash they buy guns, ammo, ammo and some more ammo, or investments such as gold.
3. Blade Show: The biggest show in the Country.
4. Too many knives: A lot of people are buying the new Busses that are coming out, and there are a lot of them. I like the new models, but Jerry please give us a breather.

 

[Last Visible Canary]

quick sale values meant to keep you below all other competitors.

 

[DE OPPRESSO LIBER]

Yep, we see the same thing every year as BLADE approaches. . . . and sometimes we see the exact same thing when we have a new ultra hot model coming out. This year we have both hitting at nearly the same time. . . . BLADE '09 and the Killa Z will both be happening within a very short period of time. . . .

Once you see some of the other stuff coming out you'll be shocked and awed. . .

Drink up!!!!!:thumbup:

Jerry

Jerry, thankyou for your insight but your older knives should never go down in value truly made by the masters hands

 

[steelnut]

I have not seen any AMAZING deals here or there,
When I do....I will JUMP

 

[Dennis in MA]

Blade Blade Blade!

Plus the market got overheated for Busse blades. Sort of like derivative mortgage backed securities or Florida condos or Republican Congressmen.

Overall, I'm OK with it. I've lost some value in pieces. Others I may or may not score at better prices than I could. It all works out in the end.

 

[rangerover_95]

Well as far as I see it, being relatively new to the Busse scene, I am ok with it....... How else will I be able to start catching up with the rest of you master HOGs?

But as far as the depreciation of the Old School, Jerry-ground knives, I agree with the others. Everyone wants whats new and fresh, only those who have them already truly appreciate having a real custom Busse!

Plus, I'd feel awful putting one of those hand ground beauties through the wringer.....

 

[DE OPPRESSO LIBER]

since this is a true discussion forum could it be that prices before the economy bottom fell out were very

overinflated I just sold two knives today on the BAY and did not take a loss I consider my Busse OLD SCHOOLS in

the same class of knives LILE,First Blood $2500.00/ Buckmaster 184 Damascus $4000.00 both sold in under 8 hours

 

[Jaxx]

These knives should not be going down in value they are true custom knives

made by jerry himself. And Jerry doesnt make knives anymore THEY SHOULD BE GOING UP NOT DOWN:thumbup:

Out of curiosity, when did Jerry announce that he no longer makes any knives anymore?

As for value... Just like anything else, you'll see highs & lows, ebb & flow. There are a LOT of knives on the secondary market right now, and I don't just mean Busse kin knives, I mean knives... Custom and production. When the economy takes a dive, personal luxuries are sold to pick up the slack for most people. Even though I see many fresh signs of our economy beginning to show an upward trend, it will be a slow recovery, and many don't see the same signs yet but again, like everything else... Ebb & flow.

JMHO

 

[I'mGatMan!]

since this is a true discussion forum could it be that prices before the economy bottom fell out were very

overinflated I just sold two knives today on the BAY and did not take a loss I consider my Busse OLD SCHOOLS in

the same class of knives LILE,First Blood $2500.00/ Buckmaster 184 Damascus $4000.00 both sold in under 8 hours

Seriously...isn't the Lile knife from a film? And a very famous film, at that?

One of the reason that I love Busse knives so much is that they are NOT pop commodities. As such, there is a small community of people who like and buy Busses, and basically sellers have to rely on that small community in order to sell their knives.

On top of that...YES, the old Busse's are seriously overblown in price, but that is up to the person making the sale. If YOU bought your SH1 or 1/300 at the prices you've been asking, then I'm sorry you paid so much, but I can totally understand your desire to get those dollars back. If NOT, then maybe you're one of the reasons the prices on those knives are so inflated and NOT selling.

I LOVE the Gifted Badger, but I wouldn't have paid 1000$ for it. I would LOVE an SHSHII or an SHBM, but why spend the $900-1500 for a user knife I would NOT be able to get replaced with same if it was seriously damaged? Especially if there are SO MANY great knives coming out of Wauseon lately?

No...the only people really buying the oldies are collectors. I'm not in collector mode, so I won't pay the prices--but if you ARE a collector/seller ya can't complain about prices. You can only decide not to buy, or decide to lower your prices.

J

 

[hotrodKelley]

It could be people losing their jobs, or having a cut back in hours.
Eating is more important then knife collecting.

 

[rangerover_95]

since this is a true discussion forum could it be that prices before the economy bottom fell out were very

overinflated I just sold two knives today on the BAY and did not take a loss I consider my Busse OLD SCHOOLS in

the same class of knives LILE,First Blood $2500.00/ Buckmaster 184 Damascus $4000.00 both sold in under 8 hours

Well, I wouldnt be surprised by that assumption. When the money is plentiful, people tend to forgo saving, and end up buying things they want...somewhat diregarding price. Now that money is tighter overall, many have to debate between the new hot items or collector worthy safe queens, not both like was previously possible.

The other factor in prices falling is that many of the "new to the trough" dont fully understand the legacy behind the current line of knives, so the value of the old school knives to them isnt nearly as high as it is to a collector. This includes me, so I figured I'd put it out there....

 

[El_Toro]

Out of curiosity, when did Jerry announce that he no longer makes any knives anymore?

As for value... Just like anything else, you'll see highs & lows, ebb & flow. There are a LOT of knives on the secondary market right now, and I don't just mean Busse kin knives, I mean knives... Custom and production. When the economy takes a dive, personal luxuries are sold to pick up the slack for most people. Even though I see many fresh signs of our economy beginning to show an upward trend, it will be a slow recovery, and many don't see the same signs yet but again, like everything else... Ebb & flow.

JMHO

+1 on what Jaxx said! I'd also agree that prices got way overinflated and there is a whole lot of INFI out in the market now (from people needing to sell, all of the ganza's, company store offerings, etc.). When I discovered Busse Combat in 2006, I picked up a new Hell Razor on the bay for around $300 shipped. I couldn't believe when the price skyrocketed on the secondary market (07-08) to the $600-$800 range! Same goes for some of the older combat grade models (i.e. Satin Jack). I picked one of those up with 3 sheaths in late 07/early 08 (can't remember the exact date) for $450 and they're up in the $700-$900 range now! There are some older models that I wouldn't mind having, but I just can't bring myself to spend that much. IMHO, many other people share the same view. If a seller doesn't want to accept that their knife won't sell for the asking price, I suggest putting it back in the safe and waiting for the economy to recover!

Edit to add: Prices sellers are getting on the BAY, might be a double edged sword. You may get a high price one day due to someone putting in a high automatic bid, thinking/hoping that it won't go over a certain amount and the next day, very few interested bidders. There have been times where I have bid on a knife (well before the auction was over) and when beat by an automatic bid, I keep increasing my bid in an incremental amount to see what the guy ahead of me put. A few times it went really high, then I would stop when it got uncomfortable.lol That being said, ebay all depends on the people who are actually bidding. One day you may get someone like me who keeps upping the price, and the next you may have very few bidders.

 

[DE OPPRESSO LIBER]

Out of curiosity, when did Jerry announce that he no longer makes any knives anymore?

As for value... Just like anything else, you'll see highs & lows, ebb & flow. There are a LOT of knives on the secondary market right now, and I don't just mean Busse kin knives, I mean knives... Custom and production. When the economy takes a dive, personal luxuries are sold to pick up the slack for most people. Even though I see many fresh signs of our economy beginning to show an upward trend, it will be a slow recovery, and many don't see the same signs yet but again, like everything else... Ebb & flow.

JMHO

Alex, do some research my friend i have

been told that from several very reliable sources. and it doest take a rocket

scientist to figure out he could not make all the knive in production, he may

still sometimes make something,but Jerry would have to answer that

himself yes there are alot of knives out there but they are not losing Value !!!!!!!!

 

[LMT66]

Out of curiosity, when did Jerry announce that he no longer makes any knives anymore?

As for value... Just like anything else, you'll see highs & lows, ebb & flow. There are a LOT of knives on the secondary market right now, and I don't just mean Busse kin knives, I mean knives... Custom and production. When the economy takes a dive, personal luxuries are sold to pick up the slack for most people. Even though I see many fresh signs of our economy beginning to show an upward trend, it will be a slow recovery, and many don't see the same signs yet but again, like everything else... Ebb & flow.

JMHO

Freight levels bumped up this month and last. These are one of the things used to predict recovery. Typically it takes about 6 months for companies to build inventories in anticipation of increased demand. This is a positive sign pointing towards the beginning of a recovery.

 

[Last Visible Canary]

the same class of knives LILE,First Blood $2500.00/ Buckmaster 184 Damascus $4000.00 both sold in under 8 hours

i don't know that I would put older busse's in the same class as lile or rare bucks. lile is a custom maker who puts out relatively few pieces per year, and buck has been a collecting entity for decades. Busse fluctuates between user and collectible, where the collectible aspect suffers when the user aspect takes over, and the users suffer when collectability swings back.

busse makes a -lot- of knives per year, and the customs and old school peices are often in the same user catagory as more current available peices. unless you've been around the busse crowd for a good while or are already in the knife collecting mindset, chances are you'll go for the cheaper user and not "understand" the nature of the older/custom peices. even though busse is well known, by comparison to buck and lile as a collectable it's just not the same thing.

you say "lile" I think high end custom piece that's hard to get, will be expensive, and is a collectible from the get go. I hear "busse" I think pure user, something to be beaten into the ground, reprofiled, and beaten again. those are two -very- different mental images, and I think that has a big effect on the consistency of the custom and collectible prices when comparing to other companies.


but then I don't collect anything, so I'm talking out of my rear here