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Thread: Stop  giving  away  master  models  !

  1. #1
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    I keep seeing the owners of Master Models giving their
    instruments away at 'firesale' prices. This bullsh*t needs
    to stop because all they are doing is driving DOWN the value
    of ALL the Master Models--and that effects the rest of us !!
    EXAMPLE: "Sam" is selling an absolute killer MM in the ads
    for $13,500. That's right, $13500 (mint condition). This
    needs to stop right now. All you MM owners out there need
    to get some balls and hang tough on the price. How is it
    that a Dudenbostel can sell on the Cafe the very SAME DAY
    for $30K, and yet MM's in MINT condition are being given
    away at firesale prices And, this one is signed by
    Charlie Derrington !!!

  2. #2

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    The used prices will approach wholesale prices. As they age they will appreciate in value. They will only sell for what the market bears.
    Lynn does not sell his mandolins wholesale so they drop very little if at all used.
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  3. #3
    Got Buckstrips? Jerry Byers's Avatar
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    Perhaps the new price is too much. The market will determine the used price, irregardless of what it cost new. Most used MM's are going for $12K-$14K. The one that you cite is priced on the high side, but still price fairly.

    Elderly has a new shopworn MM for $13,995.

  4. #4

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    Just my personal opinion - BUT -

    instruments are made to be played. If I want an investment, I'll go through my financial advisor. He's done more than alright by me.

    But - on the MM sales -

    maybe a lot of people simply don't like the MM's after they get them. I've had occasion where I would buy an instrument, have it for a short time, and it just wasn't the right 'fit' for me, so I opted to get rid of it. Simply because it's a name brand or model doesn't always mean that it is everyone's cup of tea.

    If someone chooses to sell an instrument, I'm sure that they have their reasons. I don't expect them to base their decision to keep or sell an instrument to focus on what I have to gain by them holding on to it.

    Again, just my humble opinion.




  5. #5
    Registered User cooper4205's Avatar
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    there is like a seven year wait to get a new Dude, so that is one reason they are going for $30k
    Wes
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    Hey, it's tax time... lots of people "giving things away" this time of year. Or at least, very motivated to sell. Seems like there are always good deals to be had between January and April.

    -Chris

  7. #7
    Mark Jones Flowerpot's Avatar
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    It was 3 or 4 years ago the MM's were going for $9k - $11k on the used market. I thought about, but passed one by, at $8900 in late 2004. I know, there are other facors here including the tragic demise of CD, but still, $13,500 seems like pretty healthy rate of appreciation.

  8. #8

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    Free market capitalism at work.

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    Sorry Ipmala if someone else is raining on your parade. Buying an instrument as an investment is a risky business.

    Personally, I see mandolinss as a consumable item not as an investment(Perhaps mandolins may also be seen as collectable if you buy something that is rare, like Monroe's Gibson). For me, a mandolin is something I play, if I don't like it or want something else, I'll buy and sell as needed, at a price that is right for the time.

    Otherwise, if the mandolin market or a particular brand goes south, it was a risk that failed. The same can be said of stocks, not all stocks do well.
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    "Every day brings a chance for you to draw in a breath, kick off your shoes and play your mandolin."

  10. #10
    Moderator JEStanek's Avatar
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    I saw Erik Estrada leading a seminar paid advertisment late last night on investing in mandolins. His course is only $49.99.

    People sell for what they think they'll get. They'll undercut their profit if they want the money faster...

    If they were selling used 3-4 years ago for 9-11K selling for 13K now is consistent with how prices on vintage F2s and F4s have increased from 4 to 6K.

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  11. #11
    Registered Mandolin User mandopete's Avatar
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    Pretty dubious premise for a topic don't you think?

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    Registered User Steven Stone's Avatar
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    [I keep seeing the owners of Master Models giving their
    instruments away at 'firesale' prices.]

    If you are really bothered, and see these as vastly underpriced, there's a simple solution ----BUY THEM ALL YOURSELF!

    Now that would show some "real balls" wouldn't it?

    Otherwise I'd say you're in a position to be told, in no uncertain terms, to just buzz off.

  13. #13
    Registered Mandolin User mandopete's Avatar
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    Thread lock down in 10, 9, 8 ...



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    Clarinets and pedal steels (just to name two instruments) lose their value instantly on purchase-just like buying a new car- so don't feel too bad, Gibson Boy- you can sit on it awhile and you'll maybe see the value go up, or maybe not. Nobody has a crystal ball to see what future trends are going to be. I kind of doubt, based on the 5 or so I've played, purely from a player's standpoint and not considering the name on the headstock or the label, that these Master Models are going to ever have anything near Loar status in terms of collectability or percentage of appreciation in value.

    If you love it, play it, enjoy it and don't worry about resale.

    The idea of telling people what to do with their instruments seems to be going over pretty poorly at this party



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    <<If you are really bothered, and see these as vastly underpriced, there's a simple solution ----BUY THEM ALL YOURSELF!>>


  16. #16
    Registered Mandolin User mandopete's Avatar
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    Quote Originally Posted by (jmcgann @ Mar. 21 2007, 08:56)
    Clarinets and pedal steels (just to name two instruments) lose their value instantly on purchase
    There's a value to a clarinet?
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  17. #17

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    "The idea of telling people what to do with their instruments seems to be going over pretty poorly at this party"

    Agreed, and besides, those who've been here for a while know that Scott controls the price of mandolins. #
    Bill James
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    the clarinet: "it's an ill wood wind that no one blows good" - Ian Fleming





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    Registered Mandolin User mandopete's Avatar
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    Hank, you're killing me man!
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  20. #20
    M@ñdº|¡ñ - M@ñdºce||º Keith Erickson's Avatar
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    Quote Originally Posted by (Bill James @ Mar. 21 2007, 11:12)
    Agreed, and besides, those who've been here for a while know that Scott controls the price of mandolins. #
    Since I just read this on the internet, it must be true
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  21. #21
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    i dont understand the problem. they seriously depreciate from the moment you buy it.... so that price that sam is selling at is right on.(for a MINT condition MM emphasis on MINT!) ............. i dont understand.. unless you are just ticked you over paid for your mandolin and now feel that you got duped into thinking a MM is an "investment".... try maybe in fifty years from now.... just maybe then it will be worth more than you bought it for. aslo you cant totaly realisticly compare a dude to a gibson. dudes are made by ONE highly skilled person. gibsons are turned out much faster!




  22. #22
    Registered User Mike Buesseler's Avatar
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    Quote Originally Posted by
    If you are really bothered, and see these as vastly underpriced, there's a simple solution ----BUY THEM ALL YOURSELF!
    This advice is likely to be the best you'll get from anyone anywhere! You seem to think these MMs are worth more than the sellers do. Maybe you are right!! BUY THEM!! If you are right, this is a goldmine for you! Are you going to wait till the price doubles or triples, or who-knows-what, and then kick yourself for not buying them up when "they were going for $13K"?!?




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    Elderly has a new old stock Master Model for $13,995. Heck, there's a NOS Distressed MM at 5th String for $18,000. I'd say that sets a bar for the used prices. If you want an appreciating asset, buy a Treasury bond. Otherwise, stop whining and play your mando.
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  24. #24
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    <<There's a value to a clarinet?>>


    In the hands of David Shifrin, Richard Stoltzman, Henk de Graaf, Benny Goodman,
    or possibly my favorite Andy Statman....YES!!!!

  25. #25
    Registered User bradeinhorn's Avatar
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    Market Value Definition:

    The price that an interested but not desperate buyer would be willing to pay and an interested but not desperate seller would be willing to accept on the open market assuming a reasonable period of time for an agreement to arise.

    What is so hard to understand? Dumbest thread ever.
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