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 GRASSNGLASS |
#21 | |||
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Posts: 563 08/11/2008 10:15 |
I feel a rod is just like a home as far as being an investment. I'm buying very heavy right now since I shouldn't have to know everything about this
bamboo stuff and if someone charges me to much it's their fault. I'm sure the government is already working on a bailout for those of us who can't
figure what these darn rods are really worth.
That's what I'm counting on anyhow. Barry |
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oldschoolcane |
#22 | |||
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Posts: 42 08/12/2008 11:41 |
IMO, anyone that thinks this economy will improve soon has their head in the sand and is ignoring the reality of what happening right now. As always, some
buyers of cane will be affected and some will continue to spend money on "luxury" collectibles.......let's face it, those of us that have
financial responsibilities like children and a college education for our kids shouldn't be bringing home any new rods. Unless of course we have an
unlimited income and a very understanding spouse. Lately I've been watching some rods, but really haven't noticed any that I couldn't live without.
I think I've decided finally that having a few rods that I enjoy & use is far better than a multitude of rods. I'll spend my time concentrating on
actually building a rod, tying flies and just using the rods I own. That's enough for me.
Tim
Last Edited By: oldschoolcane 08/12/2008 12:39.
Edited 1 time.
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rodzilla |
#23 | |||
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Posts: 110 08/12/2008 11:57 |
an unlimited income and a very understanding spouse.
How about an understanding spouse with an unlimited income? Even better!! |
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pcg |
#24 | |||
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Posts: 1670 08/12/2008 17:59 Admin |
Barry,
Your comment stands out like a jewel. What a great sense of humor! Pat |
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littlerichie |
Rod (and reel) prices | #25 | ||
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Posts: 5 08/14/2008 14:24 |
I have certainly noticed a decline in the prices this summer. However the same thing happened last summer. It does pick up in the fall through spring. But
this year the overall economy just doesn't seem conducive to frills like expensive fishing stuff for many people.
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pcg |
#26 | |||
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Posts: 1673 08/14/2008 20:29 Admin |
"Frills"?!! Good rods are like oxygen, water & a good night's sleep. Come on. What's the economy got to do with it? :-)
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tim simbari |
#27 | |||
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Posts: 254 08/14/2008 21:10 |
Gentlemen, the prices for rare, no-excuse rods by name makers are as good as they've ever been.
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bluno |
#28 | |||
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Posts: 136 08/16/2008 00:32 |
Like every market there are seasonal ups and downs, but the purpose of the thread is to discuss the mid and long term trend.
In the worst case you have to sit it out and wait for 5 or 10 years (its also a good justification towards your spouse to keep the collection longer). I can understand the concerns of rod collectors, who are viewing their rods as an investment. On the other hand, a decline allows also some newcomers to get their hand on certain rods. There are also some points, which are not considered in the discussion: 1) Saturation of the market. With so many rod builders around the demand should be satisfied. 2) Generation Change of the collectors: Many of the large collections are in the hands of very mature collectors. Unfortunately, the kids who were thought and believed to appreciate the rod collections sell them mostly immediately after they pass away (which should be another thread, but I have seen it more than once). Over the next decade there will be some nice opportunities. 3) Generation Change of the old school builders: Some of the famous builders are also getting older or will be not able to build rods. Their rods will become more valuable. |
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cebfishing |
#29 | |||
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Posts: 442 08/22/2008 01:01 |
For some of the rods that did not meet the Reserve lately, it is partly that reserves have been set pretty high recently. I had a list of 8 rods, a month ago,
with bids well within the range that they have been selling for, yet the Reserve has not been met. In some cases, the seller did not seem to understand the
impact that condition has on price. The "excellent for its age" syndrom has some Reserve prices well above a realistic selling price. We are talking
averages here. At any time, all it takes is two people who "want" a certain rod and the price can be well above the average selling price.
My projection is that except for very high end rods, the market will stay depressed longer than normal. Chuck |
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fishbates |
not getting any better soon | #30 | ||
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Posts: 123 08/25/2008 00:57 |
I would say its more then just summer but this fall and winter will tell it all, here in my country people are packing their bags headed for the south as fuel
oil has out priced their buget but high end rods are still selling if rare enough and you can find the right buyer ie rich buyer, but on the positive note we
can all get some bargins out there so smile, the enconomy may dip a bit more but if all fails i can at least heat my house with my collection (just kidding),
life is interesting is'nt it?
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gofish60 |
#31 | |||
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Posts: 1785 08/29/2008 10:55 Registered User |
The 8 1/2' Payne that just sold on ebay for over $4000 shows that the market is still out there for the really nice collectible rods. That's the
highest price I can remember for an 8 1/2' Payne that wasn't a Canadian Canoe.
gofish |
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Ed Pirie |
#32 | |||
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Posts: 46 08/29/2008 11:36 |
I bought my first bamboo rod about three years ago. I admit to having fallen "head over heals" for these rods. I have watched prices closely for the
last three years and I have noticed a "season effect" on prices like many of you have cited. I am not watching the high end rods very closely simply
because I cannot afford them. But, I have really studied the prices on what many of you call "working class cane" and I do see these prices
moderating more than just a "season effect." Over the last three years I have been building a modest collection of about twelve rods (mostly all
Heddons) which I have become quite fond of. Right now, I believe you are seeing some awfully attractive prices in entry level and sort of "blue
collar" cane. It is not a bad time for someone like me who is building a collection. I may never even touch one of the high end rods and that is fine.
There are many fine cane rods out there that fulfill the promise of fishing with bamboo for enthusiasts like me. Besides, I come from a line of rather wild
"Hielanders" and I am most comfortable with my proletarian roots. I dream of days afield with field grade Ithaca side by sides and wetting a line
with working class bamboo. This works for me quite nicely.
Ed Pirie West Topsham, Vermont |
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littlerichie |
Prices | #33 | ||
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Posts: 6 09/03/2008 12:49 |
Ed,
I agree with you. One man's problem may be another man's opportunity. I do believe that high end prices are generally depressed. One well known dealer lowered the price of a Glenn Bracket built Winston in mint condition from about $3250 to $2750 and it's still available. Also, the same seems to be true of high end reels such as Hardy Perfects and classic Meisselbachs. Not all collections need to be mint condition Dickerson's - it can be just as much fun to collect Orvis rods or Medalist reels. As to the $4000 Payne on Ebay, there will always be people who will or can pay any price for what they want. I wouldn't pay that much for a rod on Ebay. I think Carmine Lisella or someone like him would be a safer bet for such a rod.
Last Edited By: littlerichie 09/03/2008 12:56.
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cucu2008.xena |
#34 | |||
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Posts: 5 09/04/2008 01:29 |
It's seasonal.
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steeldog94 |
My opinion is a resounding YES | #35 | ||
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Posts: 94 11/10/2008 13:46 |
I think simply put the answer is a resounding YES!! Looking at recently completed online auction postings and the recent Lange's Auction I feel that I was able to purchase a few rods for 40-50% less than what I expected (I got a couple of items under the initial starting price). I think this basically answers the question regarding the effect a soft economy has on current bamboo rod prices. I'm just surprised just how quickly they became this depressed. |
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 creakycane |
#36 | |||
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Posts: 1902 11/10/2008 14:41 |
It seems in my nosing around recnet internet sales, yabE, personal sales --- that the really choice items, rare items, currently desirable items are keeping
fairly strong prices, but i can't remember the last time I have seen so many VERY nice contemprary rods being offered at VERY low prices and they still
don't move.
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Chartist1 |
#37 | |||
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Posts: 141 11/10/2008 17:30 |
I think folks are trying to get out of Glenn Brackett Winstons for anything in the high $2000s cuz they know one can buy a Glenn Brackett rod for $2100 at his
new company.
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pcg |
#38 | |||
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Posts: 1790 11/10/2008 20:20 Admin |
Isn't it usually the low & mid-range tackle that suffers most in any downturn? Rods up to $2,000+ are fair common (not that all of us can afford $2,000
rods). It's the high stratosphere rods, the super rare examples, that don't budge much, regardless of the economy. The average Joe (Joe Tackle,
we'll call him) can rationalize an $1,800 rod in good times ("Hey, I'll just tap my home equity"), but retreats quickly when his friends are
losing their jobs (& his wife is muttering about bills). At Lang's the really rare items were rarely bargains, while more common examples of lures,
reels & rods kept hitting lows, & hitting them frequently.
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Chartist1 |
#39 | |||
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Posts: 151 11/13/2008 08:29 |
I think 2008 is going to look like a walk in the park when compared to what's coming in 2009. At least from a stock market perspective. I am looking for a
move to 500 on the S&P in October 2009. Many investors feel like they've just given up their gains over the last 5 years, so they may not feel that bad
yet. But the next 40% down is gonna hurt. Therefore, I expect cane prices to get crushed except for the best of the best....And even those are gonna
soften......We are looking at a deflationary spiral dead ahead....cash is king
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pcg |
#40 | |||
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Posts: 1798 11/13/2008 09:46 Admin |
I agree, Chartist. Many of the better economists (yes, I realize that "better" is a loaded adjective) are projecting stock market drops of another
20-30% before lows are hit. Investors who so far have sat on the sidelines in mild shock will become catatonic. Let's hope the economic gurus are wrong,
but there are virtually no positive signs on the proverbial horizon.
Now what that does for rod values --? We'll probably see whole collections dumped by those who are seriously hurt. Prices must inevitably soften. Then the upward cycle will kick in once again as inflation begins to rear its inevitable head. As Tibetans say when they end prayers, May we all be well. |
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