I would not pay that, it looks like it's worth only a couple of bucks.
Something has to look like it's worth that money, and that doesn't cut it.

Hard to sustain space at 76 machines per year, year after year. Spending that money to buy one or two of the highest quality and rarity in a year will always build a better collection, and a better and more sound investment.Steve wrote: Wed Oct 13, 2021 12:04 pm I've spent less than that on 76 machines this year. I wouldn't trade all of those for one machine like this even though I do understand its historical significance and I wouldn't turn down an opportunity to buy one.
Yes, its not been a typical collecting year for me to say the least! As for buying for investment that's a bit of a gamble in any sense. No talking machine is ever going to be an investment in the long term, let's be quite clear. The market is diminishing and will reduce further over time. It also depends on what you're buying. I haven't bought any collection but just continued to seek out rare or interesting models and purchase individually. I haven't bought many common machines at all unless I've completed a few makers ranges of machines eg. Decca portables etc. Most items have been rarities or items in unusually good condition.cmshapiro wrote: Fri Oct 15, 2021 7:16 pmHard to sustain space at 76 machines per year, year after year. Spending that money to buy one or two of the highest quality and rarity in a year will always build a better collection, and a better and more sound investment.Steve wrote: Wed Oct 13, 2021 12:04 pm I've spent less than that on 76 machines this year. I wouldn't trade all of those for one machine like this even though I do understand its historical significance and I wouldn't turn down an opportunity to buy one.
I am not implying that you should collect for finantial investment, but buying one or a few very good and important machines will have MUCH less risk of depreciation than buying a whole bunch of common or non-historicaly important machines. Most importantly it will make your collection tell a much better story, rather than pack rooms full of machines that had little bearing on changing or making history. But of course always buy what you like, even if that is a lot of quantity over quality.Steve wrote: Sat Oct 16, 2021 5:12 pmYes, its not been a typical collecting year for me to say the least! As for buying for investment that's a bit of a gamble in any sense. No talking machine is ever going to be an investment in the long term, let's be quite clear. The market is diminishing and will reduce further over time. It also depends on what you're buying. I haven't bought any collection but just continued to seek out rare or interesting models and purchase individually. I haven't bought many common machines at all unless I've completed a few makers ranges of machines eg. Decca portables etc. Most items have been rarities or items in unusually good condition.cmshapiro wrote: Fri Oct 15, 2021 7:16 pmHard to sustain space at 76 machines per year, year after year. Spending that money to buy one or two of the highest quality and rarity in a year will always build a better collection, and a better and more sound investment.Steve wrote: Wed Oct 13, 2021 12:04 pm I've spent less than that on 76 machines this year. I wouldn't trade all of those for one machine like this even though I do understand its historical significance and I wouldn't turn down an opportunity to buy one.
Very true indeed.