You have to also consider the rapid inflation we experienced in commodities back in 2007. That increase was followed by a drop in commodity prices during the financial crisis and a global slow down. Metals, oil, corn soybeans, etc hit highs in the run up to 2007 and 2008 but they fell a lot after that. I remember at the time being perplexed by Bokers. The Euro was rising rapidly against the dollar back then and commodity prices of metals climbing higher and higher and yet Boker prices remained stable. Given the currency difference and the metals prices Bokers should have gone up dramatically but they didn’t. Why? Manufacturers can change something to make their product cheaper to produce to buffer the inflation that is raising their prices too much.
After 26 years of managing other peoples monies, watching markets and keeping a keen eye on economic indicators. I can tell you that the inflation charts are pretty far off. The government counts inflation one way for certain things, overall inflation and then they strip out food, gas, utilities, health care and more to figure core inflation. Guess which one they use to calculate your social security inflation increase? Core of course, it isn’t as realistic and is always lower.
I can’t figure out all the inflation Mickey Mouse tricks that are played. A few things I have found is inflation does not move in a straight line, people adjust their living to compensate for inflation, the govt lies about inflation and trying to invest in commodities is a losing game.
With that said. I do believe that as knife prices rise, your collection should rise w/ that,unless you have a lot of hard to figure old knives.
I watch what prices Case raises their knives by each year. A Case trapper that cost 35 dollars new in 1997 and now cost 55 dollars means that mine which is mint in box is worth more than 35 dollars today and you bet I won’t take 35 for it. From the stand point of knives like Case, I think you can count on a certain measure of price increase over time, simply based on the current prices that same knife is selling for today. So I think you can be safe that some of your knives will follow the price increases of the knife makers. Others are more supply and demand driven, rarity, technology and other factor driven as the one who posted above said.
Sorry for going on so long. This topic is right in my wheel house and I couldn’t help it.