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#152191 02/01/2007 01:02 AM
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How long before SAs hit the $2000 barrier?

Whats the most we've seen a mint SA go for? It seems like we were just debating $1000 SAs and now we're hearing of them occasionally going for $1500 or more...

#152192 02/01/2007 02:40 AM
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SA daggers have historically been approximately 25% of the value of M33 SS daggers all other things being equal in terms of condition, rarity etc. Some say the value of M33's in near mint condition has reached $6000 although I think they are the exception. However, if that is the case one-quarter of $6k is $1500. That means M33's would need to regularly hit $8k before near mint SA's regularly hit $2000. At those prices, if they are reached, many collectors will be priced out of the market.

#152193 02/01/2007 03:25 AM
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quote:
At those prices, if they are reached, many collectors will be priced out of the market.


This is already a hobby of the well off with disposable income of 10-20K per year. Being a hobby most of the old guard has collected/hoarded for the last 40-50 years at a significantly smaller cost. They also have used their collections as a side business to acquire more goods. Along came the internet which became a HUGE means of distribution. Thus creating a full time business as well as name recognition. With Recognition comes book writing which increases demand. Now all the big guys have bought out the small guys, limiting the competition, and limiting the supply. With the demand increasing, the price rises. There is plenty of supply. It is just sitting on the shelf of moderate sized warehouses. Sell a few items per year and you make a killing. Pure genius and capitalism at its best. Just like any industry, National Socialist Militaria has run its course. Greed will kill it. And Fakes. The powers that be should be aware of that. Some are. Most are not. Also, the youth are integral to the hobby as a business. Those that disagree with this point are close to the grave and selling out.

#152194 02/01/2007 04:22 AM
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Yeah! Like he said!

What did you SAY actually??? Wink

#152195 02/01/2007 04:38 AM
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He said Houston, Gailen, Dave Hohaus, Kingtiger,
Wittmann, Johnson, Weinand, and Paul over at Lakeside Trader have all the daggers and none of the rest of us can have any....at least that's what I think he's saying. Confused Big Grin Big Grin Big Grin Confused Big Grin Big Grin

#152196 02/01/2007 04:45 AM
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LOL .......... I sorta like Edwardo's postings ........ A bit pessimistic and sardonic ........... but with a grain of truth .... Lighten up folks .... Big Grin

Gordon

#152197 02/01/2007 05:57 AM
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I have purchased several SA daggers for $1,500 each, one for $2,500 with the issue bag and one of the early "Alles" SA's for much more. So goes the underworld of SA collecting. The really good ones you never see offered for sale. A phone call or an e-mail to me got me my finest daggers in the SA category. I have also received that for some of my SA's. So..there is reality.

All this stuff about hoarding and it being a rich guys hobby makes me ill. You work hard and you get stuff...or you get two jobs and get stuff. Nothing is free and I don't know too many rich guys in this hobby. Some real hard workers maybe that bought with the knowledge they gained from the forums or mentors in the hobby.

Mark Wink

#152198 02/01/2007 11:44 AM
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Well I think Edwardo might have a point or two. Sounds like a "young" guy (under 50 Big Grin ).
We heard the same line in the 1970's regarding the Atwoods and the "daddy warbucks" that bought the stuff by the container "Fur notin".
Then we heard the same line in the 80's about the "Colonel Stewart's" and the "Dr. Milestone"s. Horders that run the price up.
Then again the same in the 90's about all the "Vet sc..wing, Motel buying dealers, that call themselves collectors".
And at the turn of the century there was the same old garbage rehashed but this time at the
Waitt's, Johnson's and Wittmann's.
And who were saying all these things and having this type of attitude? See above: The Edwardo's on the fringes of our hobby. I've seen it. It's always the same type of guy who would have been complaining 30 years ago because SA daggers were a 100 bucks. And he couldn't buy it for $40 anymore. Always saying "just wait THE DEPRESSION is coming" Prices will crash and you'll be eating your daggers" or "Your NUTS if you think someone will
pay those crazy prices" - "The market has topped out". And the "big horders are old and will be dying soon"
But when I asked Edwardo on Jan. 23'rd, since he felt the market was economy was going to "crash" soon. If he had any muscle cars he wanted to dump quick and "get out"?
Here was his reply:
"I have a 1970 Plymouth GTX 440 4-speed. One of 1471 made. Has it appreciated in value? You bet. Do I believe it will go on forever? No way. For 120K you can have it right now though".
$120,000 for a 1970 GTX-440, that's not even a HEMI! Eek Eek.
- Always the same type of guy. Wink -wagner-

#152199 02/01/2007 02:38 PM
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Wagner, I agree that Edwardo may have a "point or two" as well, but to quote the Three Stooge's..."If he combs his hair right, it won't show"!

I couldn't resist that one! All in good fun!

Mark Big Grin

#152200 02/01/2007 02:50 PM
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What is 2000$ for a nice dagger that will hold it is value most likely when you compare the prices for a Gucci or Dior shirt that sells over 2000$ and people buy it? Look at the real estate values what can you buy for 1M in or around NYC or any major metropolotan areas? Nothing. The values are changing and I do not think that paying 2000$ for a nice piece of history is something outrageous.

#152201 02/01/2007 05:14 PM
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I agree however if I could afford a $2000 shirt I would be buying $6000 SS daggers!


Bob

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