kootenay joe wrote:Greg, that Northfield #77 for $570 ! I do not understand why some people need that knife that much. This is why i started this thread, to note these very highly priced ones to see if we can figure out WHY ?
I suspect some of this may be a market overreaction to the cessation of operations at DFC/Queen, one of the only real "premium" American cutlers still out there trying to navigate a dwindling market. The GECs that just aren't being made any more are seeing huge upticks in value. I feel lucky that I managed to get a #15 TC sheepsfoot in ebony just before so before many completed auction prices climbed to well over double what I paid (which to me at the time was stiff but fair).
I think we are at that point in GEC's corporate growth and development, however, that most of the new runs will be numbered in a way that prevents the lolly scramble on the aftermarket so soon (pump n dump flippers, selling knives not even in hand yet, etc.) because the first-run dealers get just enough to handle initial demand and the supply keeps GEC's coffers happy while frustrating the dash-for-cash payoff that doesn't benefit GEC in the slightest. I'm sure GEC has done the market research already.
In other words, expect to continue paying custom prices for those beautiful Whalers and Ancient TCs (
) but maybe don't count on a 200% profit from that camel bone #43 going forward.
The #77 frame appears to be quite versatile spawning several different styles of knife. I see that the current 77 SFO for CK is already sold out before the knives have been delivered.
The #77 NF Barlow appears to share the #15 TC Barlow's desirability both in first-run and on the secondary market. The Washington Jack built on the same frame but with an endcap bolster is also widely popular, though I don't think it fetches the same 200%+ price on the secondary market just yet. The only 77 one I own to date is the 2016 when I just so happened to be in my office when the alert came (though I am grateful to have two reservations for forthcoming 2018 NF Barlows in hand). Despite the impetus to lock them away in a climate-controlled safe due to that desirability I plan to make at least one of them a user. Let that first bolster scratch be easy to handle.