GEC Auctions of Note
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kootenay joe
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Re: GEC Auctions of Note
The strategy of selling both knives in one auction might backfire on the seller. There will be many people willing and able to bid say about $600-$750 for one Northwoods knife but who do not have the funds to put in a high bid for both knives. The number of people with enough available funds to bid for both knives will be considerably smaller.
kj
kj
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Re: GEC Auctions of Note
True but those few will have deeper pockets to fight it out with.kootenay joe wrote: ↑Thu Feb 04, 2021 5:17 pm The strategy of selling both knives in one auction might backfire on the seller. There will be many people willing and able to bid say about $600-$750 for one Northwoods knife but who do not have the funds to put in a high bid for both knives. The number of people with enough available funds to bid for both knives will be considerably smaller.
kj
Trace
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kootenay joe
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Re: GEC Auctions of Note
We will see.Rotten wrote: ↑Fri Feb 05, 2021 12:08 amTrue but those few will have deeper pockets to fight it out with.kootenay joe wrote: ↑Thu Feb 04, 2021 5:17 pm The strategy of selling both knives in one auction might backfire on the seller. There will be many people willing and able to bid say about $600-$750 for one Northwoods knife but who do not have the funds to put in a high bid for both knives. The number of people with enough available funds to bid for both knives will be considerably smaller.
kj
If auctioned individually both could be expected to sell for at least $600 each. So if auction for both brings in less than $1200 i think seller would have done better auctioning individually.
Maybe there are more 'high rollers' in the GEC crowd than i think there are ?
kj
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Re: GEC Auctions of Note
This 2013 O1 Bull Nose is going higher than I expected. $345 with 13 hours to go, 48 watchers.
https://www.ebay.com/itm/Great-Eastern- ... 4673912500
https://www.ebay.com/itm/Great-Eastern- ... 4673912500
Trace
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Re: GEC Auctions of Note
Holy cow, I must not be fully awake yet! But wouldn’t pay a hundred for that thing! What is it with This Irrational spending ? The craziness continues in GEC land .Rotten wrote: ↑Sat Feb 06, 2021 12:55 pm This 2013 O1 Bull Nose is going higher than I expected. $345 with 13 hours to go, 48 watchers.
https://www.ebay.com/itm/Great-Eastern- ... 4673912500
JP
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Re: GEC Auctions of Note
There is an old saying my friend " A Fool and His Money are Soon Parted ". I would not pay a hundred it for either, would like to know their original retail price when they dropped, i have no idea, but i am thinking under $50. Hey, but what would i knowRipster wrote: ↑Sat Feb 06, 2021 1:15 pmHoly cow, I must not be fully awake yet! But wouldn’t pay a hundred for that thing! What is it with This Irrational spending ? The craziness continues in GEC land .Rotten wrote: ↑Sat Feb 06, 2021 12:55 pm This 2013 O1 Bull Nose is going higher than I expected. $345 with 13 hours to go, 48 watchers.
https://www.ebay.com/itm/Great-Eastern- ... 4673912500
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Re: GEC Auctions of Note
Well it went for $390.00, WOW! I wasn't into GEC in 2013 but I would guess original price was under $70. Granted it is relatively rare as it is the next to the last year they were made with O1 steel. I do really enjoy my 2014 O1 Bull Nose but it's no $390 knife.cudgee wrote: ↑Sat Feb 06, 2021 8:21 pmThere is an old saying my friend " A Fool and His Money are Soon Parted ". I would not pay a hundred it for either, would like to know their original retail price when they dropped, i have no idea, but i am thinking under $50. Hey, but what would i knowRipster wrote: ↑Sat Feb 06, 2021 1:15 pmHoly cow, I must not be fully awake yet! But wouldn’t pay a hundred for that thing! What is it with This Irrational spending ? The craziness continues in GEC land .Rotten wrote: ↑Sat Feb 06, 2021 12:55 pm This 2013 O1 Bull Nose is going higher than I expected. $345 with 13 hours to go, 48 watchers.
https://www.ebay.com/itm/Great-Eastern- ... 4673912500you have a good weekend mate.
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Trace
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Re: GEC Auctions of Note
Thanks for keeping us informed.Rotten wrote: ↑Sun Feb 07, 2021 2:38 amWell it went for $390.00, WOW! I wasn't into GEC in 2013 but I would guess original price was under $70. Granted it is relatively rare as it is the next to the last year they were made with O1 steel. I do really enjoy my 2014 O1 Bull Nose but it's no $390 knife.cudgee wrote: ↑Sat Feb 06, 2021 8:21 pmThere is an old saying my friend " A Fool and His Money are Soon Parted ". I would not pay a hundred it for either, would like to know their original retail price when they dropped, i have no idea, but i am thinking under $50. Hey, but what would i knowyou have a good weekend mate.
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IMG_0120.JPG
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Re: GEC Auctions of Note
You were correct, the pair went for $750.kootenay joe wrote: ↑Fri Feb 05, 2021 1:22 amWe will see.Rotten wrote: ↑Fri Feb 05, 2021 12:08 amTrue but those few will have deeper pockets to fight it out with.kootenay joe wrote: ↑Thu Feb 04, 2021 5:17 pm The strategy of selling both knives in one auction might backfire on the seller. There will be many people willing and able to bid say about $600-$750 for one Northwoods knife but who do not have the funds to put in a high bid for both knives. The number of people with enough available funds to bid for both knives will be considerably smaller.
kj
If auctioned individually both could be expected to sell for at least $600 each. So if auction for both brings in less than $1200 i think seller would have done better auctioning individually.
Maybe there are more 'high rollers' in the GEC crowd than i think there are ?
kj
Trace
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Re: GEC Auctions of Note
I think the seller would have done better to sell them separately.
Here's another Northwoods (Signal Jack in Mammoth Ivory) that will likely bring in some big bucks:
https://www.ebay.com/itm/Northwoods-Kni ... 1438.l2649
Here's another Northwoods (Signal Jack in Mammoth Ivory) that will likely bring in some big bucks:
https://www.ebay.com/itm/Northwoods-Kni ... 1438.l2649
~Q~
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kootenay joe
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Re: GEC Auctions of Note
Quote: "You were correct, the pair went for $750.
Trace"
$375 each for those Northwoods is a very good deal for the buyer. He could probably flip them for a tidy profit.
kj
Trace"
$375 each for those Northwoods is a very good deal for the buyer. He could probably flip them for a tidy profit.
kj
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Re: GEC Auctions of Note
The seller probably would have made more by selling them separately; however, assuming he bought them new from KSF, he still more than doubled his original investment...Not a bad day's work for a flipper!
I'm very anxious to see what this Mammoth Ivory Signal Jack sells for. Anyone care to hazard a guess? (I'm guessing $650)
https://www.ebay.com/itm/Northwoods-Kni ... 1438.l2649
I'm very anxious to see what this Mammoth Ivory Signal Jack sells for. Anyone care to hazard a guess? (I'm guessing $650)
https://www.ebay.com/itm/Northwoods-Kni ... 1438.l2649
~Q~
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Re: GEC Auctions of Note
Seeing as though i was well out in the first auction
, i will say $525.
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Re: GEC Auctions of Note
I was even further off than you, cudgee (by $99...but still...). Don't forget, however, that this one is Mammoth Ivory which is hugely popular among collectors and that typically means a hyper-inflated selling price. I always expect to pay more for ivory, myself, so it wouldn't surprise me if this one sold for $1,000 (if I could afford to pay that much, I would probably consider buying it myself...but I can't so I won't). I continue to be surprised at how much the selling prices of knives have increased lately. But GEC made knives, especially ones with ivory handles--like this Northwoods Signal Jack--are far and away still the most expensive on the secondary market when compared to original retail price (of modern knives).
~Q~
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Re: GEC Auctions of Note
Mate, i would stuff up putting milk on my Corn Flakes.QTCut5 wrote: ↑Thu Feb 11, 2021 4:40 amI was even further off than you, cudgee (by $99...but still...). Don't forget, however, that this one is Mammoth Ivory which is hugely popular among collectors and that typically means a hyper-inflated selling price. I always expect to pay more for ivory, myself, so it wouldn't surprise me if this one sold for $1,000 (if I could afford to pay that much, I would probably consider buying it myself...but I can't so I won't). I continue to be surprised at how much the selling prices of knives have increased lately. But GEC made knives, especially ones with ivory handles--like this Northwoods Signal Jack--are far and away still the most expensive on the secondary market when compared to original retail price (of modern knives).
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kootenay joe
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Re: GEC Auctions of Note
My question is: why do we want these knives so much that some of us might pay up to $1000 for one of them ?
I too would like to own this knife but my financial circumstances prevent me from being a contender.
Yes it is a well made and attractive knife and not made were made with mammoth or ivory but why do we want it so much ?
I have posted an exquisitely made Rick Menefee Lanny's Clip that could be bought for $500, but so far not much interest has been shown.
Northwoods are not the best made knives 'out there' but they seem to be the ones that get the highest selling prices.
I also wonder what these Northwoods might be worth in 10 years time.
kj
I too would like to own this knife but my financial circumstances prevent me from being a contender.
Yes it is a well made and attractive knife and not made were made with mammoth or ivory but why do we want it so much ?
I have posted an exquisitely made Rick Menefee Lanny's Clip that could be bought for $500, but so far not much interest has been shown.
Northwoods are not the best made knives 'out there' but they seem to be the ones that get the highest selling prices.
I also wonder what these Northwoods might be worth in 10 years time.
kj
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Montanaman
Re: GEC Auctions of Note
Good post, KJ, these two in particular. That Lanny's of yours is a good example too. I don't understand it either. A feller could get a Bill Ruple trapper for 1k, from a master, very high quality. Crazy Collector Syndrome I guess, I would rather have 1 Bill Ruple knife than 100 GEC's. I had a very nice Fremont when they came out in crackle mammoth, wasn't my thing and sold it to Chief for like $250.kootenay joe wrote: ↑Sat Feb 13, 2021 5:29 pm Northwoods are not the best made knives 'out there' but they seem to be the ones that get the highest selling prices.
I also wonder what these Northwoods might be worth in 10 years time.
kj
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Re: GEC Auctions of Note
Well, cudgee, you were much closer on this one. I must admit I was somewhat surprised at the price...thought that being Mammoth Ivory it would sell for more than $535.00. Just goes to show what I (don't) know.
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Re: GEC Auctions of Note
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Re: GEC Auctions of Note
This TC Barlow went pretty high on auction a few nights ago. 670 and it topped out early no last minute rush of bids: https://www.ebay.com/itm/133682197349?ul_noapp=true
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Re: GEC Auctions of Note
StupidSharpnshinyknives wrote: ↑Sat Mar 13, 2021 2:15 am This TC Barlow went pretty high on auction a few nights ago. 670 and it topped out early no last minute rush of bids: https://www.ebay.com/itm/133682197349?ul_noapp=true
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kootenay joe
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Re: GEC Auctions of Note
I sold an identical TC Barlow a year or so ago for about $250-$275 ? II have forgotten the amount but it was not the same price league as the above knife.
kj
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Re: GEC Auctions of Note
That Ebony handled Barlow is relisted. I got a notice of a second chance on that one. I guess the winner flaked out after driving the price up to 670.
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kootenay joe
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Re: GEC Auctions of Note
Any guesses on what it will sell for this time ? I think it will be under $500 which would still be a lot of money for a knife.Sharpnshinyknives wrote: ↑Thu Mar 18, 2021 11:14 am That Ebony handled Barlow is relisted. I got a notice of a second chance on that one. I guess the winner flaked out after driving the price up to 670.
kj
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Re: GEC Auctions of Note
That sounds about right to me. You don’t see many of these come up for sale so it will be high, but the 670 was ridiculous.kootenay joe wrote: ↑Thu Mar 18, 2021 3:20 pmAny guesses on what it will sell for this time ? I think it will be under $500 which would still be a lot of money for a knife.Sharpnshinyknives wrote: ↑Thu Mar 18, 2021 11:14 am That Ebony handled Barlow is relisted. I got a notice of a second chance on that one. I guess the winner flaked out after driving the price up to 670.
kj
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