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What's Going On? Last viewed: 6 hours ago

Posts: 3165 Threads: 969

Is it just a personal misconception or have any of you also noticed that stand-alone vintage drum pieces or so-called "orphans" are being purchased at much lower prices than those seen in the recent past?

Of particular note was a Buddy Rich "Be-Bop" snare in WMP that recently sold for just over $200 and a 14 x 14 Ludwig floor tom in BDP that went in the $350 range. Both appeared to be in excellent condition, both functionally and cosmetically.

Not long ago there was no way that you could have gotten either one of those drums at those prices.

"What's Goin' On?"Eye Ball

Posted on 15 years ago
#1
Posts: 5176 Threads: 188

Well, first of all the "market" has become very particular, now. People are hesitant to buy orphan drums at high prices because the inevitable investment value for a mismatched kit is not going to be there.

The money is going to be strongest for the kits that are complete and in the best possible condition and those with a desirable finish.

I do agree that the Buddy Rich drum went extremely low. I think it ended on the 4th of July -which is not a good day to have an auction end. Someone got a Hell of a deal on that one!

"God is dead." -Nietzsche

"Nietzsche is dead." -God
Posted on 15 years ago
#2
Posts: 4715 Threads: 299

Also, on the "Today Show" on Thursday morning (I think it was), the stock market Gurus are beginning to tell people to retreat, taking out any funds you are going to need in the short term. There seems to be another bump in the road ahead...because of Europe's impending challenges, which this time will take China down to it's knees.

"Ignorance may be overcome through education. Stupidity, however, is a lifelong endeavor." So, educate me, I don't likes bein' ignant...
"I enjoy restoring 60s Japanese "stencil" drums...I can actually afford them..."I rescue the worst of the old valueless drums for disadvantaged Children and gladly accept donations of parts, pieces and orphans, No cockroaches, please...
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Posted on 15 years ago
#3
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