All About Pocket Knives

Railsplitter wrote: ↑Tue Jan 12, 2021 5:04 pm I'd sell now while the selling's good. Waiting might only make you wish you hadn't.

An increase in value after I sell wouldn't bother me as much as a decrease in value before I sell.

Rotten wrote: ↑Sat Jan 16, 2021 3:24 pm GEC is not going to lose any customers. Because other than the factory store they don't sell to the general public. All their production goes straight to dealers. Some of those dealers do their best at least IMO to give everyone a fair chance to get in on the drops. I have no doubt that as the secondary market prices have skyrocketed some of the dealers have begun to collude with the flippers to insure maximum profit for themselves. One dealer has gone as far as charging near flipper prices in order to thwart the flippers, what scares me is that even with his increased price he sold out in under a minute. Are the rest of the dealers just going to sit around forever and watch others pocket the profit? We have to continue to support the dealers who do their best to try and get the knives into the hands of user/collectors not flippers.

I don't think there is anything GEC can do about the market for their product. Although I would love to hear Bill Howard's thoughts on the subject he would be smart to leave it alone and just keep making the finest traditional knives and let things sort themselves out on there own.

I don't see the prices falling anytime soon and to me it boils down to the fact that there are such limited numbers of some knives. Take for example the current craze over the OD green micarta 66. There were 266 of them produced. Lets say that there are 25,000 dedicated knife collectors in the USA. That means that 1.064% of the collector community can actually own one. Somewhere in the 25,000 collector number are a few folks who have enough finances that no price is going to be a barrier to acquisition. Then look at the 2013 African Blackwood Abilene, there are only 52 of them on the planet meaning that out of the same 25,000 collectors only 0.208% of them can actually own one. What's funny to me is that 1 of the 7 Maroon Micarta 66 Calf Roper made in 2017 sold in October 2020 for only $250, out of our hypothetical 25,000 collectors that's a 0.028% ownership rate. People aren't buying rarity right now, whats going to happen when people start studying the production totals more closely.

If I could predict the markets I'd be a stock broker. If you want the money then sell the knife. If you want the knife keep the knife. It's that simple.

edge213 wrote: ↑Sat Jan 16, 2021 4:52 pm

Rotten wrote: ↑Sat Jan 16, 2021 3:24 pm GEC is not going to lose any customers. Because other than the factory store they don't sell to the general public. All their production goes straight to dealers. Some of those dealers do their best at least IMO to give everyone a fair chance to get in on the drops. I have no doubt that as the secondary market prices have skyrocketed some of the dealers have begun to collude with the flippers to insure maximum profit for themselves. One dealer has gone as far as charging near flipper prices in order to thwart the flippers, what scares me is that even with his increased price he sold out in under a minute. Are the rest of the dealers just going to sit around forever and watch others pocket the profit? We have to continue to support the dealers who do their best to try and get the knives into the hands of user/collectors not flippers.

I don't think there is anything GEC can do about the market for their product. Although I would love to hear Bill Howard's thoughts on the subject he would be smart to leave it alone and just keep making the finest traditional knives and let things sort themselves out on there own.

I don't see the prices falling anytime soon and to me it boils down to the fact that there are such limited numbers of some knives. Take for example the current craze over the OD green micarta 66. There were 266 of them produced. Lets say that there are 25,000 dedicated knife collectors in the USA. That means that 1.064% of the collector community can actually own one. Somewhere in the 25,000 collector number are a few folks who have enough finances that no price is going to be a barrier to acquisition. Then look at the 2013 African Blackwood Abilene, there are only 52 of them on the planet meaning that out of the same 25,000 collectors only 0.208% of them can actually own one. What's funny to me is that 1 of the 7 Maroon Micarta 66 Calf Roper made in 2017 sold in October 2020 for only $250, out of our hypothetical 25,000 collectors that's a 0.028% ownership rate. People aren't buying rarity right now, whats going to happen when people start studying the production totals more closely.

If I could predict the markets I'd be a stock broker. If you want the money then sell the knife. If you want the knife keep the knife. It's that simple.

Good post.

Rotten wrote: ↑Sat Jan 16, 2021 5:30 pm

edge213 wrote: ↑Sat Jan 16, 2021 4:52 pm

Rotten wrote: ↑Sat Jan 16, 2021 3:24 pm GEC is not going to lose any customers. Because other than the factory store they don't sell to the general public. All their production goes straight to dealers. Some of those dealers do their best at least IMO to give everyone a fair chance to get in on the drops. I have no doubt that as the secondary market prices have skyrocketed some of the dealers have begun to collude with the flippers to insure maximum profit for themselves. One dealer has gone as far as charging near flipper prices in order to thwart the flippers, what scares me is that even with his increased price he sold out in under a minute. Are the rest of the dealers just going to sit around forever and watch others pocket the profit? We have to continue to support the dealers who do their best to try and get the knives into the hands of user/collectors not flippers.

I don't think there is anything GEC can do about the market for their product. Although I would love to hear Bill Howard's thoughts on the subject he would be smart to leave it alone and just keep making the finest traditional knives and let things sort themselves out on there own.

I don't see the prices falling anytime soon and to me it boils down to the fact that there are such limited numbers of some knives. Take for example the current craze over the OD green micarta 66. There were 266 of them produced. Lets say that there are 25,000 dedicated knife collectors in the USA. That means that 1.064% of the collector community can actually own one. Somewhere in the 25,000 collector number are a few folks who have enough finances that no price is going to be a barrier to acquisition. Then look at the 2013 African Blackwood Abilene, there are only 52 of them on the planet meaning that out of the same 25,000 collectors only 0.208% of them can actually own one. What's funny to me is that 1 of the 7 Maroon Micarta 66 Calf Roper made in 2017 sold in October 2020 for only $250, out of our hypothetical 25,000 collectors that's a 0.028% ownership rate. People aren't buying rarity right now, whats going to happen when people start studying the production totals more closely.

If I could predict the markets I'd be a stock broker. If you want the money then sell the knife. If you want the knife keep the knife. It's that simple.

Good post.

Thank you sir.