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Forum :: Beans For Sale

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value increases

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RUK777

PostPosted: 12/20/2005 at 8:04 AM    Post subject: value increases link

I get the "Vintage Guitar Mag. Official Price Guide" every year. I thought you all would find this interesting. The price change on both the Artist and the Standard from 2005 to 2006 was a whopping 87.5%, from $1,600 to $3,000. The Wedges went from $1,800 to $3,000 and the TB500 was listed for the first time in the 2006 Guide at $4,000. The bass' went from $1,600 to $3,000 as well. Those are the only models listed. Hang on to yer investments people, that's 10 times the increase of the S&P 500!

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KoaGod

Joined:
23 Sep 2002
Posts: 51
PostPosted: 12/20/2005 at 1:33 PM    Post subject: RE:value increases link

That's wild! Thanks for sharing that!

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BoulderBean

Joined:
04 Feb 2004
Posts: 309
PostPosted: 12/20/2005 at 3:15 PM    Post subject: RE:value increases link

Watch out - some wealthy guitar enthusiast (like Paul Allen) might buy up all the available stock and corner the market! Thanks for the info RUK777.

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Chris Hall

Joined:
01 Jun 2001
Posts: 132
PostPosted: 12/20/2005 at 6:25 PM    Post subject: RE:value increases link

Yeah but other guitar collectors (like Bill Kaman of ovation guitars) could also sell theirs all off if they think they can get those prices. Bill had 50 Travis Beans, and sold almost all of them. I wound up buying my white TB4000 off of him through a consignment at Gruhn guitars years ago.

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BoulderBean

Joined:
04 Feb 2004
Posts: 309
PostPosted: 12/21/2005 at 12:30 PM    Post subject: RE:value increases link

Who currently owns the maximum number of Beans? Does anyone own more than 10? As you point out, Kaman sold most of his off. An investment of $200K would arguably buy you 100 Beans and would tighten up the supply. I wonder how long it would take to doulble your money. Collectibles are weird, because if you start to sell then they're suddenly a lot less rare. Anyway, these instruments were meant to be played not collected as an investment. Still, it's fun to think about.....

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Carl

PostPosted: 12/22/2005 at 4:10 AM    Post subject: RE:value increases link

It's interesting. Sure it's fun that my guitar is worth more, but since I will never sell my artist, the only thing I get from this is the possibility to pay more to my insurance co.
RUK777 - who determines the price in that magazine? Is it what they believe the price will rise to next year? I was a bit surprized - I have never seen a standard or an artist sell for 3k!

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