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Re: GEC Auctions of Note

Posted: Thu Feb 04, 2021 5:17 pm
by kootenay joe
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

Re: GEC Auctions of Note

Posted: Fri Feb 05, 2021 12:08 am
by Rotten
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
True but those few will have deeper pockets to fight it out with.

Re: GEC Auctions of Note

Posted: Fri Feb 05, 2021 1:22 am
by kootenay joe
Rotten wrote: Fri Feb 05, 2021 12:08 am
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
True but those few will have deeper pockets to fight it out with.
We will see.
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

Re: GEC Auctions of Note

Posted: Sat Feb 06, 2021 12:55 pm
by Rotten
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

Re: GEC Auctions of Note

Posted: Sat Feb 06, 2021 1:15 pm
by Ripster
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
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 .

Re: GEC Auctions of Note

Posted: Sat Feb 06, 2021 8:21 pm
by cudgee
Ripster wrote: Sat Feb 06, 2021 1:15 pm
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
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 .
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 know :? you have a good weekend mate. :)

Re: GEC Auctions of Note

Posted: Sun Feb 07, 2021 2:38 am
by Rotten
cudgee wrote: Sat Feb 06, 2021 8:21 pm
Ripster wrote: Sat Feb 06, 2021 1:15 pm
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
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 .
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 know :? you have a good weekend mate. :)
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.
2014 GEC Bull Nose O1 steel
2014 GEC Bull Nose O1 steel

Re: GEC Auctions of Note

Posted: Sun Feb 07, 2021 3:48 am
by cudgee
Rotten wrote: Sun Feb 07, 2021 2:38 am
cudgee wrote: Sat Feb 06, 2021 8:21 pm
Ripster wrote: Sat Feb 06, 2021 1:15 pm

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 .
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 know :? you have a good weekend mate. :)
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.
IMG_0120.JPG
Thanks for keeping us informed. ::tu::

Re: GEC Auctions of Note

Posted: Wed Feb 10, 2021 1:05 pm
by Rotten
kootenay joe wrote: Fri Feb 05, 2021 1:22 am
Rotten wrote: Fri Feb 05, 2021 12:08 am
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
True but those few will have deeper pockets to fight it out with.
We will see.
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
You were correct, the pair went for $750.

Re: GEC Auctions of Note

Posted: Wed Feb 10, 2021 4:57 pm
by QTCut5
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
Signal Jack Mammoth.jpg

Re: GEC Auctions of Note

Posted: Wed Feb 10, 2021 5:27 pm
by kootenay joe
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

Re: GEC Auctions of Note

Posted: Wed Feb 10, 2021 6:48 pm
by QTCut5
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! ::disgust::

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
Signal Jack Mammoth.jpg

Re: GEC Auctions of Note

Posted: Wed Feb 10, 2021 9:36 pm
by cudgee
Seeing as though i was well out in the first auction ::doh:: , i will say $525.

Re: GEC Auctions of Note

Posted: Thu Feb 11, 2021 4:40 am
by QTCut5
cudgee wrote: Wed Feb 10, 2021 9:36 pm Seeing as though i was well out in the first auction ::doh:: , i will say $525.
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).

Re: GEC Auctions of Note

Posted: Thu Feb 11, 2021 5:23 am
by cudgee
QTCut5 wrote: Thu Feb 11, 2021 4:40 am
cudgee wrote: Wed Feb 10, 2021 9:36 pm Seeing as though i was well out in the first auction ::doh:: , i will say $525.
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).
Mate, i would stuff up putting milk on my Corn Flakes. ::dang:: ::dang:: ::dang:: :lol: . But i have noticed most knives have increased in the last year, particularly in the last 2 months. You only have to look at a lot of the prices on the members store. We'll see which one of us is closest on this one. Take care and look after yourself. ::tu:: :) :) :)

Re: GEC Auctions of Note

Posted: Sat Feb 13, 2021 5:29 pm
by kootenay joe
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

Re: GEC Auctions of Note

Posted: Sun Feb 14, 2021 4:47 pm
by Montanaman
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
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.

Re: GEC Auctions of Note

Posted: Tue Feb 16, 2021 1:39 am
by QTCut5
cudgee wrote: Wed Feb 10, 2021 9:36 pm Seeing as though i was well out in the first auction ::doh:: , i will say $525.
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. ::cb::

Re: GEC Auctions of Note

Posted: Tue Feb 16, 2021 3:28 am
by cudgee
QTCut5 wrote: Tue Feb 16, 2021 1:39 am
cudgee wrote: Wed Feb 10, 2021 9:36 pm Seeing as though i was well out in the first auction ::doh:: , i will say $525.
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. ::cb::
:lol: :lol: :lol: I have a saying - " If You Throw Enough Darts You Will Eventually Hit The Bullseye ". Take care over there and keep warm. ::nod:: ::handshake::

Re: GEC Auctions of Note

Posted: Sat Mar 13, 2021 2:15 am
by Sharpnshinyknives
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

Re: GEC Auctions of Note

Posted: Sat Mar 13, 2021 2:29 am
by edge213
Sharpnshinyknives 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
Stupid

Re: GEC Auctions of Note

Posted: Sat Mar 13, 2021 4:41 am
by kootenay joe
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

Re: GEC Auctions of Note

Posted: Thu Mar 18, 2021 11:14 am
by Sharpnshinyknives
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.

Re: GEC Auctions of Note

Posted: Thu Mar 18, 2021 3:20 pm
by kootenay joe
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.
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.
kj

Re: GEC Auctions of Note

Posted: Thu Mar 18, 2021 4:26 pm
by Sharpnshinyknives
kootenay joe wrote: Thu Mar 18, 2021 3:20 pm
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.
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.
kj
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.