[Hallicrafters] Re: ID this Hallicrafters RX?
Jim Brannigan
jbrannig at optonline.net
Sat Jul 7 11:59:10 EDT 2007
When I buy a new or old radio I consider it an expense, not an asset.
If the whole shack disappeared tomorrow, I would mourn the loss of utility,
not the money.
Anyone who views a "collectable" with a thin market as a potential
investment or future source of emergency funds should re-think their
financial strategy.
Jim
>> I was merely saying, if you don't look at
>>it as an investment, it's not an issue. If you look at it as something
>>you enjoy, an old radio that's fun to restore and use, and the bottom
>>falls out of the micromarket of classic radio gear tomorrow, you've
>>lost nothing because you still get out of it what you intended:
>>enjoyment, satisfaction. Hard to put a price on that. The only
>>protection needed is more time to enjoy the stuff.
>
>
> With all due respect let's probe that a little to find out if this is
> really
> true. Have you ever negotiated for a lower price on a piece of equipment
> for
> sale somewhere you wanted? Haven't we all? Isn't the financial side of
> buying and selling really important to all of us then whether we are
> willing to
> admit it or not? If you bring something to sell what guides your selling
> price
> decision? Current actual selling price history? 1964 selling prices? Off
> the
> cuff or whether you like the potential buyer or not? What if I decided to
> sell you my all original 1932 National AGS Airport receiver setup in the
> original rack with original exposed cone speaker, coils in the coil racks
> and GRDPU
> power supply for $500 because I thought you would be a good owner for it
> who
> would appreciate the history of it and honor what it was? What I would
> want
> of course would be for you to honor the special arrangement I extended to
> you
> by finding another appreciative prospective owner and offering similar
> arrangements when the time came for you to sell but how could I know for
> sure you
> would do that? What if you decided to sell for $10K because that is what
> the
> market currently happens to be for a complete setup like this? What kind
> of a
> statement would that make about me and wouldn't I be risking being made a
> fool but I guess, who would care?
>
> It is commendable to be in a position to love old radios without regard
> to
> the financial aspects of buying and selling but I am not in that group
> yet. I
> still work a Monday through Friday job and would like to be able to retire
> comfortably someday so I have to keep an eye on values and whether the
> prices I
> decide to buy at or sell for are wise or not. I want my finances in order
> and trying to retire while still having old debt and a home mortgage is
> not a
> wise plan. I try to keep current of market values for everything I have
> and I
> usually know current values for stuff that I am interested in because I
> have
> to be careful about the choices I make or my plans might not work out. No
> one
> knows what the future will bring and I might find myself having to sell
> radios someday, who knows, but I sure don't want to be in a position that
> these
> things have put me in a hole I cannot get out of. If I retired in a tent
> someday with old radios stacked up around my ears would they say I did it
> for the
> love of the hobby or would they say I sure was stupid? Maybe it doesn't
> matter to everyone but it matters to me.
>
> 73, Greg
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