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Economic Collapse and Value of Collectable Knives

Everyone know that the economy is faltering BIG time. Now with constant headlines showing current unemployment, job losses, mortgage defaults and a government that seems unable or unwilling to commit to a course of action, it is inevitable that the perceived value of material items declines. With that said where do you see the value of collector knives in the future? Will that custom Stryker still be worth what you paid for it? Or how about a Platts Jumbo Toenail? Will collectible knives hold there own or are you already starting to see yourself purchasing less or perhaps are starting to look at alternatives to collecting such as bargain knives like Rough Rider.

Knife collectors will always collect - but if your looking for a return on investment the future may be bleak. Your thoughts.

Jay

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Comment by Jan Carter on October 8, 2011 at 15:04: Ron,

The grandbabies in the pics are in line for our collection. I mirror your sentiment, I hope they will be of value but more I than that I hope it will be something we can do togeather as they grow so the memories will always be worth something to them.

Comment by Ron McCullough on October 7, 2011 at 18:51: I collect what I like but, I also look at value to price. I have started to limit what I buy. In today's economy I have less to spend on my hobby then in years past. I see my knives holding value but, maybe not increasing at the rate of the past few years. I have not found knife prices coming drastically down. What I have will be passed on to my grand-kids. I hope they will see the ties between my knives and me they inherit and not just the value. However, again value is one of the reasons I collect the best I can.

Comment by Lee Smith on October 7, 2011 at 9:10: JJ i'm the same way. I have never sold a knife. I might buy, trade of give away as a gift but never bought one to sell.

Comment by J.J. Smith III on October 6, 2011 at 23:30: My "collecting" started out as a couple of spare whittlers. Kind of got out of hand somewhere along the way.

Still, I only collect what I like and don't intend on selling any.

Comment by Billy Oneale on October 6, 2011 at 21:50: I agree with Dale,I buy mostly because I like the knife . If it turns out to be worth a lot more than I paid then that is an added bonus.

Comment by Lee Smith on October 6, 2011 at 21:03: When I started collecting I said that I would not collect anything that I would not drop in my pocket and ctarry. That went out the window real quick. Times are tough but I still collect. I just cant buy all the knives I want. I have to just be a bit more picky about what I buy. I really think about it. I'll tell you what there are a lot less impulse buys.

Comment by Jay Todd on October 6, 2011 at 20:44: Great comments everyone. You can't go wrong buying what you like. I have a tendency lately for GEC knives - not too expensive but very well made. Very tempted to do a test and buy a Rough Rider just to see what all the talk is about as per price point to quality is concerned. I do feel that the economic reality that is playing out will change the country in ways we won't understand until we view it in a rear view mirror so to speak - and that the next 10 years are going to be explosive economically and socially. With that said I wonder about collectors (buyers and sellers too) ability to continue growing their collections due to financial restraints or if there will be large pockets of collectors trying to sell off items they paid alot for and hope to get something back from their initial investment. For some collecting is or has become almost like an addiction - the temptation to buy that next knife is just too hard to say no too. Interesting times ahead and interesting thoughts and I thank you for your participation.

Jay

Comment by Jan Carter on October 5, 2011 at 16:53: Great conversation Jay. We also collect purely for the pleasure. I do beleive the rarer and older peices that have been in the safe for 20 years will remain worth more than we paid for them. The newer peices we collect are becuase we love the peices. If they go up so be it, I dont foresee them going down. They are production models with a run of 30 or less. We have stopped buying anything that has a produciton run of more than 100 peices and try only to get the 25 or less made

In Memoriam Comment by D ale on October 5, 2011 at 0:57: I would echo Roger's sentiments !!!

BUT, that being said ...................................... I collect purely for the pleasure .. nothing else !!!

Comment by Roger Russell on October 4, 2011 at 23:26: In my opinion, the prices realized on the old & rare, good condition knives like the Platts Jumbo toenail you mentioned will not only hold their values, but will appreciate faster than most saving options presently available. As a matter of fact, they are probably a better investment than most savings options out there right now. C.D.'s and money markets aren't paying anything. Everything runs in cycles. Personally, I would rather have a nice Platt's Jumbo Swell-center as an investment than to have the equivalent amount of money in a C.D. MAYBE drawing maybe 1 % per year.