Are You a Collector or Accumulator?

Gotta share a great piece called Collecting for Collecting Sake: Confessions of a Collector-Turned-Accumulator by my favorite writer on the subject of collecting, Mr. Harry Rinker. I think you’ll get a kick out of it.

Published in: on February 4, 2010 at 4:12 pm  Leave a Comment  
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Wall Street investor put his money in collectibles

Talk about getting out of the market, Antique Week reports in the April 13th edition, on an investor who got out in time. Then he turned around and jumped into collectibles as his investment of choice.

Ralph DeLuca said, “I didn’t like what I was seeing.”

So, he cashed in well before it was common knowledge things were out of kilter. He added that he wanted to deal in more tangible items.

1933 King King Poster- sold for $345,000

1933 King Kong Poster- sold for $345,000

Now to knife collectors what he jumped into might be considered an odd place to stash millions. Yet he had a hunch and followed it. He could have ended up in any area of collectibles, but he chose vintage posters. Yeap, posters.

Last month, he paid a new world record for an original 1931 Universal studio poster of Dracula, staring Bela Lugosi. The price? A cool $310,000. And at the same auction he paid $107,000 for a 1932 poster.

Mr. DeLuca now owns over a 1,000 entertainment posters, but he also buys other types too. He remains confident that all quality antiques, sporting items, firearms and collectibles are good investments.

“If you collect for a hobby, buy what you want. But if you collect for an investment, look for the best. I look for the rarest and the best.”                                                                                                                                                                         David DeLuca

I don’t know if we want somebody like this guy cornering the knife collector market or not? All it would take is one or two guys like this to change our market dramatically. It would be fascinating to watch though, wouldn’t it?

CNJ Special Feature- From the Lighter Side

Episode 01-  “No doubt I have the most.”

From the lighter side

From the lighter side

Sometimes we can allow life to get a tad bit on the serious side like when this past week the turbulence in the financial system caused us to stop and take inventory of things we oftentimes take for granted.

In an effort to lighten things up a bit, CNJ is launching From the Lighter Side. It is a humorous perspective on collecting.

“No doubt, I have the Most” is a look at how sometimes we inadvertently become collectors of things we really don’t want.

Published in: on September 21, 2008 at 12:21 pm  Leave a Comment  
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Editorial- Speaking My Mind

Regarding old knives, we know knife collecting exists as an industry because folks spending their hard-earned money in good faith believe the knives they buy are authentic. At the point these folks’ confidence is jolted then the whole knife collecting hobby/ industry will suffer.

We can not allow collectors’ confidence to be shaken in the knives they are offered or buy, otherwise, we might as well go buy real estate or Bank CD’s.

(more…)

Published in: on August 26, 2008 at 11:04 pm  Leave a Comment  
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