[Hallicrafters] Re: Investing nonsense
Julian Bunn
Julian.Bunn at caltech.edu
Thu Nov 30 11:41:36 EST 2006
Although I find Todd's arguments compelling, I'm not so sure it
is such a depressing picture as he paints :-)
I think, in general, people are becoming more tech-savvy. With that
savvy-ness comes more interest in technology per se, and with that
a curiosity (for some) about older technologies.
The appeal of Nixie tubes is a good example. The almost universal
reaction people have to seeing a Nixie tube clock on the mantlepiece is
"I want one!". These same people, when they see the green glow of
the dials on the SX-42 as it plays their favourite FM radio station,
with that soft second harmonic distortion, are also taken in.
I'm not saying that these folks want to rush home, log in to Ebay,
and start bidding on SX-28s (God forbid), but the awareness is there.
Nice examples of older technology will always command a good price.
Julian
Todd, KA1KAQ wrote:
> On 11/30/06, kiyoinc at attglobal.net <kiyoinc at attglobal.net> wrote:
>
>> Pivot items. Tubes will never appear in wide use again. A fanatical
>> but small interest group. The military-spy connection. The "dieing"
>> time of the 1970's and '80's when 'anchors went to the landfill.
>
> Key word here being 'small'. Fanatical, sure - but if supply outpaces
> demand, then even a small group gets to pick and choose and pretty
> much pay the price they want. No differently than gas prices or
> anything else. Unless everyone signs an agreement to keep prices high
> (not likely), owners who want to move the stuff for 'something' will
> stick a price on it and be done with it.
>
>> If boatanchors bust out of their niche, it'll be Katy-bar-the-door.
>
> They actually did, maybe 10 years back.
>
>> "The 32S-3 in the dry nitrogen filled glass case is representative of a
>> MARS station operating in Saigon during the Viet Nam War."
>>
>> "We see a fine example of a KWM-2, in a simulated embassy setting, the
>> papers next to it show encrypted messages for the U.S. Ambassador to the
>> former Soviet Union."
>
> Again, you're imagining a huge demand that is very unlikely to exist.
> For someone to be interested, they generally need to have some history
> or interest in the basic, core of the matter: radio. Just look at
> 99.9% of the folks in the world. They want the utility, not
> necessarily the item. iPods, cellphones, satellite receivers, and so
> on. The golden age of radio is long gone. It's been replaced with
> newer technology that uses only the principal of being wireless. With
> no exposure to the rest, how will there be a new interest cultivated,
> beyond the possible interest in history artifacts for display
> purposes?
>
>> "Southby's is pleased to offer this SX-115; starting at, $100,000. Yes?
>> 100. 150. Madam? 200 ..."
>
> What did you say you were smoking?
>
>> My fear is that yup-boom investor types will discover 'anchors; I would
>> be priced out of my hobby.
>
> They did. It happened a few years ago with the help or ebay. Prices
> went "through the roof" according to most folks, based on the features
> and actual useful utility. $3K KWM-2As and so on. Now you see most
> selling in the $500-$800 realm with only very clean, late models
> bringing more. They're just too common. Also many of the speculators
> are now starting to dump their goodies in hopes of getting the old
> prices of 4-5 years ago.
>
>> I assured him that it would not be "tossed". A Hallicrafters SX-100.
>
> A pretty mediocre set, made in pretty good numbers. Clean examples
> still bring some money. Nothing like an equally-clean SX-28, SX-73, or
> SX-88. And a perfect example of the 'now' of old ham gear. Had you not
> taken it, the landfill would have. How many times a day do you think
> this happens in other places, where no one with an interest happens to
> see the listing?
>
>> As we've discussed, 'anchors have barely kept up with inflation. That
>> seems to put a floor under the price.
>
> Or more likely, shows that demand remained pretty constant. Other than
> the big spike a few years back created when former JNs could afford to
> buy the gear they always wanted as kids. What else could possibly
> cause a receiver like the S-38 to command hundreds of dollars? Made in
> the thousands with a similar layout to the Catalin AA5 sets. Utility?
> Quality? Or that warm, fuzzy feeling of years gone by? And therein
> lies the problem: there's no wave of youngsters coming along who grew
> up with the fond memories we have of this stuff. They'll want the C-64
> computers, early cell phones, and Sony Walkman tape players. And oddly
> - these will likely be more difficult to find, since technology
> accelerated so fast, and we became a disposable society in the
> process.
>
>> Where things go from here? Who knows. 'Anchors could bust out or might
>> go dormant for another 20, 30 years.
>
> And ceramic pigs might fly, too....
>
> There is no doubt that there will always be some attraction to old
> technology. Collectors will always exist It just won't be the
> comparatively large attraction it is today with a larger number of
> users involved. Just look at what's already happening in the rest of
> the world with respect to ownership and use. A large number will lose
> interest if not able to play with their toys.
>
> And most likely, far fewer examples will be of interest. The R-390s,
> SX-88s, SX-28s and so on will always have some following as examples
> of a specific niche in the world of radio. But the pickings will be
> far greater than the demand as we kick off.
>
> ~ Todd, KA1KAQ
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Julian Bunn
Caltech
Tel: +1 626 395 6681
Mob: +1 626 375 4628
WWW: pcbunn.cacr.caltech.edu/jjb.html
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