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Instruments as investments

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Artist
Posted 2007-12-10 11:31 PM (#71117)
Subject: Instruments as investments



Joined:
April 2004
Posts: 793

Location: Texas
Interesting. . .


http://www.theglobeandmail.com/servlet/story/LAC.20071205.A2VIOLINS...


:cool:
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Mr. Ovation
Posted 2007-12-11 1:12 AM (#71118 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
December 2001
Posts: 7210

Location: The Great Pacific Northwest
"a diversified portfolio, plus an unusual dividend - enjoyment."

Strictly from an investment point of view...

The other advantage to guitars is that with stocks, you generally don't have one broker willing to pay one amount for a stock, and another willing to pay many times that amount for the same stock. Stocks are also not traded on their "condition."

Although stocks pay dividends, you can a guitar to use it to make a living, a serious dividend if you will, and then after several years of this, still sell it for likely at least what you payed, but usually more.

I think playing a guitar for a check, or even for free, is a heck of a lot more fun than just waiting for the "maybe" of a dividend check.
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Trader Jim
Posted 2007-12-11 5:27 AM (#71119 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
June 2006
Posts: 7307

Location: South of most, North of few
I've got a "pre Fender" Stradivarius if anyone is interested. :D
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ProfessorBB
Posted 2007-12-11 10:12 AM (#71120 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
January 2006
Posts: 5881

Location: Colorado Rocky Mountains
I watched a world class violinist play a 1734 violin last Friday evening, and she (Midori) played it hard. The instrument is on loan to her for her life from a museum in Japan. Now, that is investment quality!
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Beal
Posted 2007-12-11 10:35 AM (#71121 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
January 2002
Posts: 14127

Location: 6 String Ranch
The thing they don't say is that you have to hold these for a long time, 10 years+.

Maybe we can convince these people to all go buy 3 bolt strats? or PreFender Ovations?
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Omaha
Posted 2007-12-11 11:12 AM (#71122 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
November 2005
Posts: 1126

Location: Omaha, NE
Long term rate of return of 3 to 4 percent? No thanks.

My grandmother was convinced that the commemorative plates she bought (and subsequently lined her kitchen with) would one day be worth millions.

Instead, we (all her kids and grandkids) are stuck with a bunch of boxes out in the garage of old plates with Thomas Kinkade paintings on them.

If only grandma could have collected Martins...
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ProfessorBB
Posted 2007-12-11 11:26 AM (#71123 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
January 2006
Posts: 5881

Location: Colorado Rocky Mountains
I don't collect anything for the purpose of investment. However, sometimes it just happens. For instance, I have a big box of thousands of baseball cards from the 40's, 50's and very early 60's I gathered up as a child. These were the golden years of baseball and some of these cards are quite valuable (so I am told). It was never my intention to make money on them. In fact, I played with most of the cards everyday so they are not necessarily in pristine condition. I'm still not sure what I'll do with them. In the meantime, they continue to take up space in the attic.
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Joyful Noise
Posted 2007-12-11 2:58 PM (#71124 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
March 2004
Posts: 629

Location: Houston, Texas
Originally posted by Mauvais Beal:
The thing they don't say is that you have to hold these for a long time, 10 years+.

Maybe we can convince these people to all go buy 3 bolt strats? or PreFender Ovations?
Bill, I had to laugh. I bought my 3-bolt Strat back in 1980 when I was in college. I didn't know anything about guitars, I just wanted something to learn how to play.

It was pretty much in mint condition, four years old, and cost me $375 with the original case. It didn't take long for me to start hearing that "oh, those 3-bolt strats are sh@t". So, I figured, well it's good enough to learn on, and I've played the hell out of it ever since.

In the mean time I've played alot of 4-bolt strats and could never tell any difference. Now, they often go for over $2000 on ebay, with an average of about $1300. Well, I've had it for 27 years and I figure I've got another 15 to 20 years before I'll part with it. Then, even in the shape its in now, I'll probably get over $2000 for it.

Talk about long term investments. Geesh. I think I prefer to take the approach of buying for playing and if it increases in value, well then that's just serendipitous.
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Beal
Posted 2007-12-12 9:39 AM (#71125 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
January 2002
Posts: 14127

Location: 6 String Ranch
Yes, it is funny how the values go up. I was under the impression that the 3bolts were in the 2-3 range for clean ones. They will be higher in the future for sure yet for a while everyone looked at them as spoo.
The important thing is to enjoy it for all the time you have it, that's the cake, the money is the frosting.
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stephent28
Posted 2007-12-12 11:34 AM (#71126 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
April 2004
Posts: 13303

Location: Latitude 39.56819, Longitude -105.080066
Professor....sell the cards...buy more guitars.
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cliff
Posted 2007-12-12 11:36 AM (#71127 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
March 2002
Posts: 14842

Location: NJ
I'm still waiting for BeanieBabies to "come around" again . . . .
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Waskel
Posted 2007-12-12 12:32 PM (#71128 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
February 2005
Posts: 11840

Location: closely held secret
I've got several boxes of capodimonte porcelain in the garage my mother was certain would be valuable someday.
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ProfessorBB
Posted 2007-12-12 12:57 PM (#71129 - in reply to #71117)
Subject: Re: Instruments as investments



Joined:
January 2006
Posts: 5881

Location: Colorado Rocky Mountains
Originally posted by stephent28:
Professor....sell the cards...buy more guitars.
I think I'll just leave the cards where they are, then buy more guitars anyway.
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gulfcoast
Posted 2007-12-12 6:14 PM (#71130 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
November 2004
Posts: 1330

Location: ms
I`ve got all the Beatles on LP.
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guitarwannabee
Posted 2007-12-12 6:26 PM (#71131 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
January 2006
Posts: 1477

Location: Michigan
Im in the ultimate return on my investment.

I AM SELLING PET ROCKS AGAIN.

PLEASE PLACE YOUR ORDERS NOW

BABY PEBBLES =$10.00
TEENAGE ROCKS =$15.00
MIDDLE AGE = $20.00
RETIREMENT AGE =$30.00
OLD AGE =ONE SOCIAL SECURITY CHECK

PLEASE ORDER SOON I AM RUNNING OUT OF FAMILY MEMBERS.. GWB
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Beggin
Posted 2007-12-12 6:49 PM (#71132 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
November 2006
Posts: 2241

Location: Simpsonville, SC
GWB, do you have any Pre-Fender rocks?
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guitarwannabee
Posted 2007-12-12 7:03 PM (#71133 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
January 2006
Posts: 1477

Location: Michigan
BegginJIM I shouldn't tell you this , but YES I do have just 12 of these rare ones left.These are not Pre Fender Ovation rocks but they are Pre-Fender ADAMAS rocks so that is why the price will be so much higher.Please contact me by personal mail if you are interested in one of these
RARE ONE OF A KIND ROCKS.GWB
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Beggin
Posted 2007-12-12 7:32 PM (#71134 - in reply to #71117)
Subject: Re: Instruments as investments


Joined:
November 2006
Posts: 2241

Location: Simpsonville, SC
PM sent... ;)
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