Expensive Jambiya $$$

Dom · 10th April 2008, 12:55 AM

Hi
insane ... no
a lot of money, yes,
but, a very exceptional jambiya, museum quality
I saw plenty over there in K.S.A. but never with that quality
if really a little bite old, I may understand

à +

Dom

CharlesS · 10th April 2008, 01:14 AM

I think for us guys that have been collecting for 5 years or more, it's hard for us to come to terms with a seemingly new wave of collectors willing to pay whatever comes to mind, or seemingly outlandish prices, for something they want.

There have been alot of rich Arabs for some time, but the new wave of "new rich" Russian and Chinese buyers is really putting a wrinkle in the market.

There is little we can do but stand by and watch.

A. G. Maisey · 10th April 2008, 01:52 AM

Charles, I have been collecting since I was about 14, and my grandfather was a collector before me, beginning his collection during WWI.

I am now 67. That's more than 50 years of personal collecting, and I have anecdotal experience from my grandfather.

I have never seen Eastern edged weaponry more reasonably priced in real terms than it is right now. Try to get hold of some old UK dealers catalogues from +20 years ago, and compare the prices at that time, with what people were earning.

Its a sad thing to endure, but quality costs.

Emanuel · 10th April 2008, 02:29 AM

$500,000 - $900,000 Mughal khanjar: http://news.bbc.co.uk/2/hi/south_asia/7337978.stm

Lew · 10th April 2008, 03:15 AM

The jambiya seems to of the finest quality and after seeing what things went for at the Timonium auction nothing suprises me anymore.

Lew

Yannis · 10th April 2008, 08:54 AM

I watched this auction very carefully because it had a little bit of everything. I was surprised because the majority of items just got the opening bid (and this was low IMHO). Lot of items didnt sold and only few went to high prices.

If you see the same auction last year it was more successful. For example it is the first time in the last years that shasquas are unsold. Were are the Russian collectors?

Where are the collectors, generally? I didnt bid because I had no money to spend. Did the economy situation (and low dollar) stopped the Americans? Did the new law stopped the British?

We collect using the extra cash in our pockets. If there is none, we just watch. Believe me, they were a lot of "watchers" in this auction.

There is another explanation: Old collectors have enough of this stuff and there are no new collectors. I dont want to believe this, it makes me feel sad.

Lew · 10th April 2008, 09:28 PM

Large good quality jambiya are pretty rare and command higher prices the large one pictured below would probably go three or four times what I paid for it just a year ago. There are a bunch of new collectors out there with lots of money and are willing to pay top dollar,Euro or pound for stuff but I think this is just a cycle we are going through right now.

Lew

kronckew · 11th April 2008, 08:07 AM

Quote:

Originally Posted by Manolo

$500,000 - $900,000 Mughal khanjar: http://news.bbc.co.uk/2/hi/south_asia/7337978.stm

shah jahan's dagger sold for £1,700,000 (roughly $3,350,000) yesterday in london

Lew · 11th April 2008, 11:14 AM

Quote:

Originally Posted by kronckew

shah jahan's dagger sold for £1,700,000 (roughly $3,350,000) yesterday in london

And it's looks just lovely hanging on my wall.

Hey I can dream can't I!

Lew

kronckew · 11th April 2008, 05:25 PM

well, i brought it home yesterday, here i am with it.

(yes, i do have photoshop

)

10th April 2008, 09:28 PM	#7
Lew (deceased) Join Date: Dec 2004 Location: East Coast USA Posts: 3,191	Large good quality jambiya are pretty rare and command higher prices the large one pictured below would probably go three or four times what I paid for it just a year ago. There are a bunch of new collectors out there with lots of money and are willing to pay top dollar,Euro or pound for stuff but I think this is just a cycle we are going through right now. Lew Attached Images

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10th April 2008, 12:55 AM	#1
Dom Member Join Date: Oct 2005 Location: Paris (FR*) Cairo (EG) Posts: 1,142	Hi insane ... no a lot of money, yes, but, a very exceptional jambiya, museum quality I saw plenty over there in K.S.A. but never with that quality if really a little bite old, I may understand à + Dom

10th April 2008, 01:14 AM	#2
CharlesS Member Join Date: Dec 2004 Location: Greenville, NC Posts: 1,854	I think for us guys that have been collecting for 5 years or more, it's hard for us to come to terms with a seemingly new wave of collectors willing to pay whatever comes to mind, or seemingly outlandish prices, for something they want. There have been alot of rich Arabs for some time, but the new wave of "new rich" Russian and Chinese buyers is really putting a wrinkle in the market. There is little we can do but stand by and watch.

10th April 2008, 01:52 AM	#3
A. G. Maisey Member Join Date: May 2006 Posts: 6,993	Charles, I have been collecting since I was about 14, and my grandfather was a collector before me, beginning his collection during WWI. I am now 67. That's more than 50 years of personal collecting, and I have anecdotal experience from my grandfather. I have never seen Eastern edged weaponry more reasonably priced in real terms than it is right now. Try to get hold of some old UK dealers catalogues from +20 years ago, and compare the prices at that time, with what people were earning. Its a sad thing to endure, but quality costs.

10th April 2008, 02:29 AM	#4
Emanuel Member Join Date: Jul 2005 Location: Toronto, Canada Posts: 1,242	$500,000 - $900,000 Mughal khanjar: http://news.bbc.co.uk/2/hi/south_asia/7337978.stm

10th April 2008, 03:15 AM	#5
Lew (deceased) Join Date: Dec 2004 Location: East Coast USA Posts: 3,191	The jambiya seems to of the finest quality and after seeing what things went for at the Timonium auction nothing suprises me anymore. Lew

10th April 2008, 08:54 AM	#6
Yannis Member Join Date: Dec 2004 Location: Athens Greece Posts: 479	I watched this auction very carefully because it had a little bit of everything. I was surprised because the majority of items just got the opening bid (and this was low IMHO). Lot of items didnt sold and only few went to high prices. If you see the same auction last year it was more successful. For example it is the first time in the last years that shasquas are unsold. Were are the Russian collectors? Where are the collectors, generally? I didnt bid because I had no money to spend. Did the economy situation (and low dollar) stopped the Americans? Did the new law stopped the British? We collect using the extra cash in our pockets. If there is none, we just watch. Believe me, they were a lot of "watchers" in this auction. There is another explanation: Old collectors have enough of this stuff and there are no new collectors. I dont want to believe this, it makes me feel sad.

11th April 2008, 05:25 PM	#10
kronckew Member Join Date: Mar 2006 Location: Room 101, Glos. UK Posts: 4,216	well, i brought it home yesterday, here i am with it. (yes, i do have photoshop )