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#1 |
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EAAF Staff
Join Date: Dec 2004
Location: Louisville, KY
Posts: 7,345
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Actually they do go through phases and ups and downs. US Civil war for example has been down for a few years. Same with Japanese and Nazi has leveled out.
As pure investment, not a good idea, but at the same time high quality pieces do hold their value........ |
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#2 |
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Vikingsword Staff
Join Date: Nov 2004
Posts: 6,376
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S'cuse me I was out burying cash in the back yard .
Now what were we talking about ...... ?
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#3 |
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(deceased)
Join Date: Dec 2004
Location: East Coast USA
Posts: 3,191
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Generally when times are good nice swords hold or appreciate in value but when times are bad they drop because people have more important things to spend their money on. So I would not buy swords as an investment. If your going to buy do it for the love of collecting and not for investment.
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#4 |
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Member
Join Date: Jul 2007
Location: Virginia
Posts: 539
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The most important arms are always purchased because of their historical interest, and cost , though important, is a secondary concern.
Applying the same logic to you collection is not a bad idea..... rand |
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#5 |
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Member
Join Date: Dec 2004
Location: Greenville, NC
Posts: 1,854
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What makes this even more unpredictable...and interesting...is that the antique arms market is now more of a global market than ever before.
I wonder if, or indeed, how, that will affect the high prices we have seen develop over the last 5 years?? |
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#6 |
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Member
Join Date: Dec 2006
Location: Idaho, USA
Posts: 230
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I do know that my collection has taken less of a hit than my 401K! Things will get better slowly. Like people getting fat....it didn't happen overnight.
Cheers bbjw |
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#7 |
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Member
Join Date: May 2006
Posts: 7,085
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During the 1970's and 1980's in Australia, a well known dealer in Japanese swords used to promote his wares with the line:- "---better than superannuation---"
Well, when some people tried to cash in what they had invested in as "better than superannuation" they found that it was not quite so. One of these people had connections with a world-wide business conglomerate that has its roots in rural Sicily. The dealer in Japanese swords left Australia, and has not been heard of since. I've been involved with keris and other eastern edged weapons for most of my life. Relative prices over the last five to ten years have, in general, fallen for keris and Indo-Persian weaponry. However, in the absolute top percentile of the market, prices have steadily risen, and continue to rise. Proof of this can be demonstrated by examination of the catalogs published by (especially) UK dealers dating from the 1950's through the 1970's. Yes, the world is currently going through some economic turmoil, but quality items will continue to sell and if the past is any guide, will continue to rise in value. However, realising that value is not always easy, and in my opinion nobody should collect for any reason other than the pure joy of collecting. |
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