Mellotronists

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.

  --------------------------------------------------------------------------------



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! )

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.

 

  _____  


  

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! )

> From: Jerry Korb <jkorb@...>
   > Sender: Mellotronists@yahoogroups.com
   > 
   > Wow ! Never thought that beastie would sell for so much,
   > especially in its unrestored condition.

Welllll, it's eBay.  So it's never completely clear if the instrument
actually sold for that price, or if the instrument even sold at all.
It could have been a setup.

   > ....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.

Noooooo.  The collectors were happy because their collections were
then worth many times more than the used to be worth.  It's the folks
that lusted after collections but didn't actually have any that were
screwed.

(I mean, it's not like this stuff doesn't happen in the stock market
all the time.  Booyah!)

   > Does that make the item REALLY worth that much?  Nope, only its
   > intrinsic value, which is minimal.  

Noooooo, they're worth exactly what people are willing to pay for
them.  That's what "worth" means.  Unless you live in a communist
society where some agency determines the worth of items.

   -- Don

-- 
Don Tillman
Palo Alto, California
don@...
http://www.till.com