Nice Class M on eBay - only $25k

[bostonmike1]

Larry told me the story behind this, it was found in an old service garage. I am not allowed to tell you any more than that.

Why aren't you allowed to tell anymore? I'm sure all of us are interested in how on Earth it came to be in a service garage.

Cosa Phono omertà

[edisonphonoworks]

Lets just say, the person who Larry had purchased it from at the service station would rather let the Class M go because it was electric, and thought it must be newer, than the Edison Standard that was windup, that he thought was much older and more valuable. I think this was in the early 1970s.

[New Owner]

Lets just say, the person who Larry had purchased it from at the service station would rather let the Class M go because it was electric, and thought it must be newer, than the Edison Standard that was windup, that he thought was much older and more valuable. I think this was in the early 1970s.

Oh wow.

[SonnyPhono]

I think I saw that same person from the service station. His tattoo really stood out...

Yes,_A_Bad_Decision.jpg (47.96 KiB) Viewed 2279 times

[phonogal]

Just an update: The price has dropped to $20k now. Still well out of my price range. Oh well

[flashpanblue]

Hello,
I would like to ask a question to those of you that are experienced with class M phonographs or have seen them at recent shows. Now that the price on this machine has been reduced to 20K what do you feel is the true value of this piece?? At some point you would think that the good stuff should hold its value! I know that we are all living through difficult financial times. The stock market hasn't maintained any real gains for almost 10 years,and I have watched the price of homes In my area decline. At some point you would think that this machine like good artwork could prove to be a good long term investment? Don't get me wrong,the machines in my collection I buy because I like them and enjoy playing them not because I might get more for them one day. A Class M Phonograph I think has to be looked at a little differently.
Pete

[Andersun]

Hello,
I would like to ask a question to those of you that are experienced with class M phonographs or have seen them at recent shows. Now that the price on this machine has been reduced to 20K what do you feel is the true value of this piece?? At some point you would think that the good stuff should hold its value! I know that we are all living through difficult financial times. The stock market hasn't maintained any real gains for almost 10 years,and I have watched the price of homes In my area decline. At some point you would think that this machine like good artwork could prove to be a good long term investment? Don't get me wrong,the machines in my collection I buy because I like them and enjoy playing them not because I might get more for them one day. A Class M Phonograph I think has to be looked at a little differently.
Pete

The value depends on who has money and how bad they want the machine. My guess is that either the machine will drop to 18K or a behind the scenes deal will go on after this auction does not get 20K. I'm sure offers have been flying in! I believe the deal price will be between 16K and 18K

The Class M will be a good stable long term investment and an excellent display piece for a collection when cleaned up. The battery is a real plus!


Steve

[Andersun]

Whoever gets it, please PM me and let me know what you paid for it! I need to validate my reasoning.

[fmblizz]

Relisted at 18K


http://www.ebay.com/itm/Rare-Antq-Ediso ... 3370b5c5ca

not mine but I wish it was LOL

blizz

[VintageTechnologies]

@flashpanblue: When it comes to collectables I think the cream of the crop will always be the best investment. Whether they can compete with blue chip stocks is another subject. Financial gain is the last reason I collect phonographs, but it is a selling point to the wife that they should hold value. Condition should rightly affect the value of an item. This Class M looks rough compared to others I have seen. I recall seeing Class M's 30+ years at Union going for 4-5 thousand - there is some perspective for you. I could not afford them then, and I can't afford them now. Oh, well....