Only Admins can see this message.
Data Transition still in progress. Some functionality may be limited until the process is complete.
Processing Attachment, Gallery - 171.14823%

The Blue Book of Drums

Posts: 977 Threads: 124
Loading...

I very respectably disagree t/ Maxwell & ebay are useless as a guide. If one uses Max's as a high-end barometer (since that's very often w/ he has : rare, h-e gear) then you have an idea where to situate your comparable kit. If you think @ all the resources (M's, ebay, jollity, etc) as points on a radar, you can ping to a reasonable price point that has a basis in reality.

Like many here I buy & sell & sometimes refurbish kits to get them as close to pristine as possible (w/out marring/messing up!!!) & you can be sure that I want to be compensated for the amount of time & effort I put into them. 80% of what I deal in is collector quality.

Anyway, this is an opinion only. I learn something new w/ every kit that comes my way.

Best! c

Posted on 12 years ago
#11
Posts: 5356 Threads: 87
Loading...

I think with a market given high end and low end prices (wholesale/retail/private) on said items it can be a very good and useful guide. I know the BB guitar books are republished every year or so. And prices are adjusted. My son does a lot of appraisal and inspection for some very high end guitar collectors here. In each case the guide is used as a "base price guide" and condition and originality determine the price and if a sale is made. I know in Vintage Cars NADA and KBB are just standard price guides and some can tend to be on the high side. But they are a great tool to plug in options and get a basic idea for values. I think a drum guide can easily be made to be a good tool to keep a eye on market values.

Glenn.

Not a guru just havin fun with some old dusty drums.
Posted on 12 years ago
#12
Posts: 351 Threads: 22
Loading...

Why not to sum up information? This will be helpful to prevent some sky high overpriced ebay offers. Such reference is needed. Good idea

---------------------
In case of deal with johnnyringo:
http://www.vintagedrumforum.com/show...80&postcount=1
Posted on 12 years ago
#13
Loading...

From snurf

Why not to sum up information? This will be helpful to prevent some sky high overpriced ebay offers. Such reference is needed. Good idea

Yeah, you can average the prices between Maxwell's and Portland's craigslist. That's about as far of a spread as you can get...

1970 Ludwig Downbeat
1965 Ludwig Hollywood
1970 Ludwig Jazzette
Posted on 12 years ago
#14
Loading...

Let me see if i can address some of the points made so far.

#1 NSMD does not extrapolate more than it offers. It has been losing money for years and I've never made a dime from it. It's a money pit. It's a labor of love. The Blue Book will fall in the same category. If you need verification of the profitability of a drum magazine, ask the owner of this site, David Anfuso. He helped publish NSMD for Bill Ludwig. So my motives are pure and you can check my hymen personally if you would like. :-) (That smilie means your cynical slight insult was acknowledged and volleyed back to you by a peer cynic)

#2 There can not be a defined price for any rare drum because it is constantly changing, but there is a way to determine the average prices from a number of sales, experts, music stores, the internet, drum sites,history, etc. and publish these as a guide that will be of use to those hunting.

#3 There is a way to determine the average high and low price of an out of production common drum. Newer used drums are bought and sold by music stores by a standard math formula using the manufacturer's list price as a formula. Those prices can be used as a benchmark. That's what the Orion bluebooks had. You have to remember that only a small percentage of all the drums produced in the last hundred or so years are rare or desirable and worth more than they originally cost. The majority of used drums sold in the world are in the 1 to 20 year old range. The majority of drums listed in this blue book will be standard production models that are not "vintage". The typical reader will be someone who does not play drums or has a little experience at it and is looking at a used Pearl Export on Ebay or at a music store. He wants to know if the $300 they are asking is fair. He's looking for some guidance. He is not looking for a price written in stone because everyone knows that beauty is in the eye of the beholder and the price can always be negotiated. By the way someone asked why the manufacturer's don't set the prices for their used drums. There are two reasons #! They already sold that drum set or snare drum or whatever to someone and #2 They don't set the prices in the first place, the market does. There is an analogy here somewhere about government regulation and the free market, but I won't open that can of worms. Let's just say that in the world of buying vintage drums we are all free market Republican capitalist pigs who want the most money for the drums we are selling and want to pay the least for the ones we are buying! :-)

#4 All of the other blue books are "closed shops" in that they don't allow constant input from the public and the market. The reason I think this particular blue book will be successful is because it will be an "open shop" - you don't have to work for NSMD to play. So far I have a comment function and a tiered administrator function in mind for this. For instance, I asked Mike Currotto, one of the NSMD columnists, to help me with this. He said yes. I think we can all trust Mike's opinions about values. He would be one of the top tiered administrators/moderators which means he could write descriptions of models and state a going price. Then everyone else, the public and other selected administrators/moderators would be able to type comments on that page: " I bought one of these for $900 yesterday", "I disagree with the high price, because it is a common model and sells for $600 on Ebay all the time", " The description of the shell is wrong; it's chrome over steel, and the time line is wrong. It started manufacture in 1948 according to such and such's book". So, this is what is missing from other blue books. I thought I might base this on a "Wiki" model, like Wikipedia where anyone can edit, but that could lead to way too much abuse and moderation

#5 As far as high and low sellers, there is always going to be a high and low price and my view is that it should be treated like a bid for roofing your house or fixing the foundation of your house - get five bids, ignore the highest and lowest bids, and pick from the other three because they are #1 not too high and #2 not a low baller. There is always going to be a Steve Maxwell in any market. His prices are justified to pay the rent in NYC and Chicago. He cancelled his ad in NSMD though so he will sweat uncomfortably in purgatory until he rights that wrong. I'm kidding Steve is a great guy and I love his store. I've sold to and bought from him. i have a great impression of the way he walks around the drum shows. I've been told it's hilarious.

#6 Ebay. Only the sold items should be considered in Ebay. Ebay is not the arbiter of prices but it is the wildest market and has to be acknowledged. I think a simple comment of "I researched Ebay prices for XXXXX on Ebay and they ranged from $500 to $750 for one in excellent condition. Many people will buy on Ebay for the convenience, from experts to novices, so it's like the stock market and is very volatile.

#7 I think all sources should be accessible and the person who is consulting the blue book will listen to the sources that he trusts. Who he will trust will be based on his or her experience. The novice will trust Ebay and the expert will not. The expert will trust Mike Curotto or Rob Cook or John Aldridge and the novice will think they are all old ****s :-)

#8 One of the nice features about this bluebook will be the descriptions and information and history about the drum models that warrant it. The experts can weigh in on this heavily and the moderators will correct any errors and present both sides of any controversy. On the other hand, common drums will have little or no description, just a model # and a price. Ludwig Accents, Pearl Forums, SunLuck and Zogtone models, etc.

I'm going to post the first draft of the blue book instructions in a different reply and allow public access to the first draft of the page about Ludwig Supraphonics as soon as I can get a new user access set up. This could be a test run and I am looking forward to throwing it out to you sharks and see how fast it swims. But, in the long run, keep in mind that we are all humble drummers, and we are not paying anywhere near the prices of rare vintage guitars or even oboes for that matter. "Drums are cheap" - Ray Ayotte. In the end they are hollow logs with skins stretched over them with a few plumbing fixtures attached. We don't buy them because the price is right. We buy them to play on and make great music with. The main thing is I'm overjoyed that you experienced vintage guys are interested. This made my day. Controversy? Man, if it ain't controversial it ain't no fun.

Posted on 12 years ago
#15
Posts: 977 Threads: 124
Loading...

Hey George -

No gynecological exam necessary (the visual was ghastly enough!). Thanks!!!

I was wrongheaded w/ some of my earlier points. My apologies. It now seems like a worthwhile effort & I hope everything works out -

Chris

Posted on 12 years ago
#16
Loading...

LOL, just a little friendly jousting. I can tell that you have impeccable character and you like the expensive beer. I'm buying at the next drum show! GL

From Hobbs

Hey George -No gynecological exam necessary (the visual was ghastly enough!). Thanks!!!I was wrongheaded w/ some of my earlier points. My apologies. It now seems like a worthwhile effort & I hope everything works out -Chris

Posted on 12 years ago
#17
Loading...

George, I know your no noob to this drum thing, Being a Real long NSMDER, not only is it a money and time consuming pit, your love of all things drums and drummers needs no Introduction. I sincerely thank you sir. we need more like you sir!

Your drummers not much good is he!? What you need is someone that's as good as me. ! John Henry Bonham !!
Posted on 12 years ago
#18
Loading...

WOW!!!

George, this has some markings of an unbelievably cool experiment!

I am so stoked ... my ears are stiff. I cannot wait to jump in and watch this thing take off.

I've said it before ... you are an excellent asset.

The guys will vouch, I don't blow smoke. So, it is with a grateful heart I say ...

Thank you for this one. Sincerely.

What Would You Do
Posted on 12 years ago
#19
Loading...

OK, here is the rough draft of the introduction to the Blue Book of Drums website. All criticism and praise requested. I think this actually kind of reflects the sentiments of what I've been reading from you all so far. The prices have not been settled on yet for subscription but it will range from $5 for a one model day pass to a year's subscription for somewhere around $100. Thinking of making a "vintage only" yearly price in the $40 to $50 range. If you think I'm gonna make a million dollars at this, look in the mirror and remember that all the other drummers are cheap stingy b******s just like you and won't pony up. LOL!!!! :-)

**********************************************************

How to use the Blue Book of Drums

The purpose of the Blue Book is simple and very focused: it is to answer the reader's questions "What is this drum and what is it worth?". The Blue Book includes new and old drums, cymbals and drum hardware - Those that are being made today as well as those from over a century ago. While there is some historical information and identifying features noted about many important models, this is not a thorough guide to new or vintage drums. Each listing gives just enough information to determine what your drum is and what it is worth on the open market.

You can search for your item by type or by brand. You will be able to see all models' basic brand and model information for free. Access to the prices is sold on a ****** basis. You can submit comments if you have knowledge about the item you want to share or if you want to add your two cents pro or con about the resale value. All comments are moderated before publishing so no spam or venting, ok? We also require that you use your real name when posting.

If you do not want to do the research in this database we will do it for you...for a price. Please contact us through the form with a picture of the item for an appraisal.

$5 basic email appraisal includes brand, model, basic description, low res picture and prices.

$20 email appraisal includes all of the above with a more expanded and full history of the brand and a high res picture.

$50 insurance appraisal includes all of the above with a notarized appraisal document either faxed or snail mailed to you.

Listing every brand and model of modern drum, drumset, cymbal and hardware since 1900 is quite an undertaking. If you would like to volunteer to help us write and moderate this important volume, please contact us.

How to read the Blue Book of Drums

For each model you will see current or latest model info, current resale price, a low resolution picture, and a description of the history and identifying factors of the instrument - unless the info is not available. The prices shown are consumer prices for new and used models. We leave the wholesale buyers to their own devices though, typically, retailer/reseller/dealer/traders/collectors will usually pay from 20% to 50% less than these prices, in order to make a profit upon resale. Viva capitalism! The four level grading system is used because it is simple; New price /Excellent condition price/ Good condition price/Fair condition price.

Model year this is the year of the current model or the last year it was in production.

Retail Price - this is the manufacturer's suggested retail price for a new current instrument. If there is a M.A.P. Price (Minimum Advertised Price), the manufacturers restrict the online and street retailers from advertising below this price. This is usually the price you will pay online or in a retail store for a new instrument, though the retailer can sell it to you for less once you are in the store, on the phone, or emailing privately. MAPs are typically 35% to 40% off retail price. Once a model has been discontinued, the retail price will be that of the last year of production.

EC High price - This means the used instrument is in excellent condition with very little cosmetic wear, has all the original parts, has been taken care of and maintained, sounds good/works well, and is stage or studio ready. We also lump the terms 'very good condition' and 'like new condition' in with this category. Please note that wearables like snare wires and drum heads are usually not considered in the condition of the instrument. All heads and wires are worn out very quickly and have to be replaced periodically. They are easily and cheaply replaced on most drums. Some older drums from the calf skin era, pre 1960s, are worth more if the calf skin is intact and if the original wires are there, but the heads have usually have dry rotted or become brittle and are not usable for regular playing.

GC Median Price - This is the price for a used instrument in good condition. Good condition means the instrument is in working condition, has all the right parts whether original or replacement, and has average cosmetic and functional wear for its age like small scratches, small dings, some dulling of metal appearance, loosening of moving parts, etc.

FC Low Price - This means the instrument is in fair condition and may need some work: showing lots of wear but is very usable and playable and still has a few good years left in it. It may have more than average wear, major scratches and dings, minor some rust/tarnish/pitting on metal parts, minor missing or broken parts that can be replaced with original or generic parts. These conditions will affect the price of a rare vintage instrument negatively more than a common one.

Poor condition - We don't put a price on it or include it to keep things simple. If it has broken parts and is not in playable condition then pay as little as you can for it: five to ten cents on the retail price dollar is a good rule of thumb. But! - One man's junk is another man's treasure.

Mint condition - Rarely ever happens so we don't include it or put a price on it. Mint condition means completely indistinguishable from a factory new item never taken out of the original box. 100% original parts, no cosmetic defects, not even fingerprint grease, no stick marks, despite slight use. Pricing is somewhere between retail and excellent pricing for common items so just check the retail price. For rare vintage pieces the sky is the limit.

Description - is used to note typical features of the current new or last model. If there are previous year models that warrant historical documentation then they are in the History and Identification section below.

History and identification - is used to describe variations in models that affect price or performance. We use this mostly to describe a vintage model that changed in some way or other over time; different manufacturing techniques, materials, visual changes, parts changes, rare colors, etc.

How do we determine these prices? We look at the whole market and get the most recent information from Ebay, Craig's List, music store owners, vintage collectors, vintage drum book authors and experts, drum forums, drum sites, drum shows. We have a few specific sources and experts who are widely known for having their finger on the pulse of the vintage market and even determine and influence the prices in some cases. We especially use documentation from articles since 1988 published by our Not So Modern Drummer Magazine. Prices rise and fall with the economy too. At this writing in June 2012, the market is down at least 20%. It's a good time to buy, but not a good time to sell. There are booms and busts for certain rare old instruments that can be started by buzz, rumors and a flurry of action on the internet. If an old drum all of a sudden becomes worth way more than it was when it was in the past decades, buy it quick and sell it quick, because you might end up buying something you will only lose money on in the future, just like your million dollar cracker box house in California! So let the buyer beware. For new, common and custom drums, we use a simple formula based on the retail price stated by the manufacturer, and considering that most new drums can be had for 35% to 50% off retail price, then used prices are around 60% off for excellent, 70% off for good, 80% - 90% off for fair.

What is "vintage"? The word vintage comes from the wine industry and simply means the year the wine was made. The word can be a noun, an adjective or a verb. In the world of musical instruments it has meant old or rare instruments of high quality that are sought after. Some aficionados specify a certain age that a drum has to be before it is considered "vintage". Each person eventually perceives the instruments that were popular during his youth and earlier to be vintage. For our purposes here, we don't base it on any particular length of time or age. If it is old and/or rare or out of production then it can be called vintage, and we attach the word vintage as an adjective to any instrument that the general drumming population regards as desirable. But, beware, because anyone can advertise any old instrument that may not be of high quality as "vintage" to tease the buyer into opening his wallet. Once a good instrument is out of production, drummers start looking on Ebay and elsewhere for parts, replacements, prices and information, thus our Blue Book of Drums. Our purpose is to preserve the history of modern drums and to relay the most accurate market prices that we can.

Posted on 12 years ago
#20
  • Share
  • Report
Action Another action Something else here