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Posted By: Bruce Gibbins
Posted On: Wednesday January 22, 2020 at 10:48 PM
 
Message:
My observation is that the bulk of auction listings result from three
situations:
#1 Estate sales.
#2 Elderly collectors, bailing out to either assist with living costs and coping on a fixed income.
Wanting to save their families the additional bother of disposal at a time of losing a husband, father and grandfather. Also having the family avoid the predatory behavior of second hand dealers.

#3 The Mrs finally twigs to how much Jack is tied up in all those damn models, just at a time when she gets a burr under her saddle about going on a conducted tour of, "Ten Europen cities in ten days", so there is that too.

But for every sale there must be a buyer and that begs yet another question, but outside of Phil's parameters, so best I leave that hanging there.

A comment.
In most hobbies, the average age of collectors is increasing as those still in the hobby are becoming older and the hobby is not attracting younger people anywhere near to the extent that it once did.
There are several reasons for this, financial, social patterns of behaviour and the irrelevance of the models, generational, to name but a few. Other traditional hobbies suffer from the same declines and for the same or very similar reasons as ours does.

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Message thread:

Opinions requested. Why do you think there’s a lot of inventory currently? by Phil Realmuto #55862
I think you’re right, Phil! by George Bojaciuk #55862.1
Just curious, George. You know, just in case. What kind of wings will you be serving? (EOM) by Rick Scoville #55862.1.1
Dry, well done...hot sauce on the side. I have requested Bee Sting from the local place! by George Bojaciuk #55862.1.1.1
Sounds delish. The way I like them. I'm impressed you've planned that far in advance with so. by Rick Scoville #55862.1.1.1.1
Oh no, Rick! by George Bojaciuk #55862.1.1.1.1.1
Phil and George, great thoughts on the subject... by John Napoli #55862.2
Good question Phil and great points by all so far. Here's my take on it. by George Schire #55862.3
Well, Bunky... by George Bojaciuk #55862.3.1
George that’s all interesting and I too feel similar but that was NOT my question!! by Phil Realmuto #55862.3.2
I think my answer is there... by George Bojaciuk #55862.3.2.1
Phil, I think the answer to your question is that, like many things in life, people by George Schire #55862.3.2.2
Selling by Robert Kroupa #55862.3.2.2.1
Decreasing number of collectors of 1:24 scale models. by Chav Popov #55862.4
THAT really put it into perspective Chav, thanks! It’s essentially a supply and demand thing but... by Phil Realmuto #55862.4.1
Phil, you are making another good point ... by Chav Popov #55862.4.1.1
I don't see a huge increase in die casts on eBay... by John Shamblin #55862.4.1.1.1
My observation is that the bulk of auction listings result from three by Bruce Gibbins #55862.5
Bruce the last paragraph made me think! The 1:1 car hobby is doomed too! by Phil Realmuto #55862.5.1
The older cars guys like me (55) don't care for hence thier low price and no 1\24 being made, so no by chris payne #55862.5.1.1
Wait just a darn minute. I'm 53 and want all the 40s and 50s cars I can get. (EOM) by Randall Carlisle #55862.5.1.1.1
Randal I’m 53 too, not for long though lol Jan 29 I turn 54. by Phil Realmuto #55862.5.1.1.1.1
I'm 65 and love 50's cars! In fact, my modest collection is limited to model years '49 through '60. by Al Dorado #55862.5.1.1.2
Several pundits in print and on YT have made some interesting observations by Bruce Gibbins #55862.5.1.2
I bid on cars on Ebay and I always have other bidders competing against me. If the 1/24 market is by Tim Kubiak #55862.6
Keep in mind that there is inertia in the market in the .. by Chav Popov #55862.6.1
Some good points but I think the reason that there’s still inventory of the J Leno Duesenberg is.... by Phil Realmuto #55862.6.1.1
Duesenburgs are the cars I've liked consistently since I was a teenager. by Bruce Gibbins #55862.6.1.1.1
$198.95 or best offer on eBay by MintModels (EOM) by Chav Popov #55862.6.1.1.1.1
Many thanks for the lead Chav. I have this moment submitted an offer - we shall see what transpires (EOM) by Bruce Gibbins #55862.6.1.1.1.1.1
An up-date, MintModels accepted my offer and soon the model will be on it's way to me. by Bruce Gibbins #55862.6.1.1.1.1.2
Congrats Bruce, good deal! I paid the regular price when the model came. (EOM) by Chav Popov #55862.6.1.1.1.1.2.1
Bruce I’m not sure that you know this but I think they standardized the pricing on the reg 1:24 line by Phil Realmuto #55862.6.1.1.1.2
This is Automedello, Phil? Then no, I had no clue at all. I notice on ebay at the by Bruce Gibbins #55862.6.1.1.1.2.1
Bruce, seller of both listing is the same MintModels = Legacy = owner of this site/D4C by Chav Popov #55862.6.1.1.1.2.1.1
Oh, really, wheels within wheels eh, Chav? Their marketing rational would be by Bruce Gibbins #55862.6.1.1.1.2.1.1.1
Thanks Chav you beat me to it! The Jeno Duesenberg is NOT an Automodello model! (EOM) by Phil Realmuto #55862.6.1.1.1.2.1.1.2
Phil, I think you are spot on. My original plan was to display and enjoy my models until I retired by Frank Kocour #55862.7
Wow I didn’t know you went through that Frank. Only that you sold most of your cars by Phil Realmuto #55862.7.1
Life throws curves. (EOM) by Frank Kocour #55862.7.1.1
selling out by Randall Carlisle #55862.8
Like George Schire, I will enjoy my collection every day until I kick. by Al Dorado #55862.9
Thinking about ebay and LE models there is just one that I'm after. by Bruce Gibbins #55862.10
Bruce while that might seem high, the original price from DM WAS $249 or $269 I forget plus tax/ship by Phil Realmuto #55862.10.1
Your reasoning makes a great deal of sense there Phill. I'll have to check with by Bruce Gibbins #55862.10.1.1
I say go for it! Again that more or less “issue price” even though it seems pricey! (EOM) by Phil Realmuto #55862.10.1.1.1
I've received official clearance to proceed with the DM 1935 Ford Coupe` by Bruce Gibbins #55862.10.1.1.1.1
Double trouble again. Sorry folks. (EOM) by Bruce Gibbins #55862.11




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