@perrone1 Tony, I have this and the Galaxie 500XL Chris mentions above. Nice to see a few of my models appreciating among those which are depreciating. Good thing I didn't do this for an investment.
Yes, always..... actual selling prices will continue to be the best indicators of true value; however, I've seen similar auction numbers on this very model - which seems unbelievable to me. 🙄 🙄
So I will be able to sell every Goldvarg I own (in mint condition) for at least $200? - since there is essentially no such thing as a lousy or mediocre Goldvarg. Stamp, GLM and Matrix as well? I guess time will tell.
So I will be able to sell every Goldvarg I own (in mint condition) for at least $200?
Yes, by my calculations.... your collection, as it's presented today.... assuming current conditions remain.... and adjusting for inflation.... would be worth .... roughly.... ... $2.7 million in the year 2525 - if man is still alive.
So I will be able to sell every Goldvarg I own (in mint condition) for at least $200?
Yes, by my calculations.... your collection, as it's presented today.... assuming current conditions remain.... and adjusting for inflation.... would be worth .... roughly.... ... $2.7 million in the year 2525 - if man is still alive.
Chris, I hate being the bearer of bad news but you made a very slight, and totally understandable miscalculation. On page 2: Where the Vinculum reverses from your Oblate Spheroid, the Monomial did not carry the 2.
Recalculating brings the total to $2.9 million in 2216. You said "roughly" so you are technically within the margin of error.
Where the Vinculum reveres from your Oblate Spheroid, the Monomial did not carry the 2.
Yes, technically that is correct. The proper quadratic equation was binomially, whereas Vinculum reveres are not. In flux linear fashion, this could expand BOTH coefficients to add, as you correctly noted, the additional $200K in collection value. Basically, I did not carry the "2."
Thanks for the help; in my haste to post I overlooked that.
Some resin models will inevitably appreciate. After all, we're all collectors with our unique motivations for collecting, and when we want a model...WE WANT A MODEL! This model has been in demand from the moment it was released. I reviewed it four years ago, and it was one of the first that had over 500 views, then it went to 1000. It sold out almost immediately and has become very hard to find since.
When you combine several factors currently influencing our scale, things get interesting. Production numbers are very low, frequently less than 300 of each color. Prices are low compared to levels of detail and finish. Subjects are appealing to newer, younger collectors coming into the hobby. Put all this together, and you get a late-sixties model car produced in a dynamic color going for considerably more than its issue price.
That being said, there's no way to predict which models will grow in value. As we all know, these are never investments. If we collect for any reason other than the joy of ownership, we will likely be very disappointed. My biggest problem is this: when I see one of my models going up in price, it's usually one that I don't want to sell!
As I keep encouraging in my reviews, if you like a model, don't wait. We're seeing some of the finest 1/43 models ever made. They can sell out very quickly.
Well, I'm not surprised by these price increases. As I fill in gaps in my collection, I am often met with a model that has appreciated greatly over its issue price. I am often faced with the decision of "how bad do I want it" or can I wait for another option. Sometimes, other options don't come quickly if at all. John K. is right, if you really want it, don't wait.
Now as far as this '68 Galaxie from Goldvarg, good thing I bought two of them, LOL!
I wanted one with closed headlights, so I bought two of each color and switched them.
My biggest problem is this: when I see one of my models going up in price, it's usually one that I don't want to sell!
Yep, arguably common in most collections regardless the subject matter. Another point, something I've experienced with larger scales, is watching values plummet once the same model is re-issued. Conversely, it's usually wise to purchase two of any high-end replica upon release then sell one once the value doubles, thus, the "net gain" is a free model. 😏 😏
@perrone1 I picked up on that miscalculation as well Tony....it's easy to do....but a person has to be mindful of their guzindas in order to not waste chalk.