Mellotronists

Yikes!  That's about the same as that Mint Mark II went for earlier this
year! 

 

  _____  

From: Mellotronists@yahoogroups.com [mailto:Mellotronists@yahoogroups.com]
On Behalf Of Jerry Korb
Sent: Friday, September 28, 2007 3:46 PM
To: MELLOTRONISTS-LIST
Subject: [Mellotronists] Re: Chamberlin 300, SOLD.....The bar has been reset
to new level

 

  

Bernie wrote: 

Holy cow puddles!! Some poor sucker paid $11,110.56 for that rickety 
piece of furniture. 

--- In Mellotronists@yahoogroups.com, mark kasian <easle12@...> wrote: 
> 
> someone just bought themselves the world's most 
> expensive headache.

 

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Hi Gang,       Wow ! Never thought that beastie would sell for so 
much, especially in its unrestored condition. Hopefully, it will function 
as well as the Chamberlins historically sound..... I wish the new owner 
the best of luck.....He(she) will need it..... 
  

This brings to mind an example I wish to share.  Now that all prev. 
Chamb. records are out the window, a new bar has been set , to a level 
beyond most avg. keyboard owners/players. 
  

As many of you might know, I've been an Edison historian/collector 
well over 30 yrs. Coincides closely to my orig. M400 purchase. 
Edisonian items could be had very reasonably in the70s-80's. 
  

....However, in 1994 ,  a unethical/rude newcomer with no historical
interests, 
only those of financial gain , came on the scene, and started buying 
early lighting artifacts for 6-10X prevailing prices.  Once word spread, 
everyone scrambled to buy stuff  while still "affordable." Then eBay 
began in 1995, and fed the frenzy still further. 
  

Result, many collectors were driven-out because they couldn't afford 
to acquire new material.  Too many examples to give here, but imagine 
trying to afford $5-6K for orig. Edison lightbulb from 1883, when they 
orig. sold privately for $300-400 . 
  

Does that make the item REALLY worth that much  ?  Nope, only its 
intrinsic value, which is minimal.  After today, will all Chamberlins 
be sold for 5-figures, unrestored or working ?  Could price themselves 
out of the mkt,  "In Search Of The Lost Dollar." 
  

Maybe I'm full of it, or worrysome, or whining, whatever. 
"But time will tell, of prices that fell,a short short time ago....." 
  

Regards, -- Jerry Korb  (JKMK6 suddenly worth six figures, heh-heh! )