Mike McCandless
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Posts posted by Mike McCandless
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3 hours ago, Thebuicknut said:
Nice...I see you got the patch sketches...I bought all the buick ones he had!
I've had those for about 2 years now I think. They come up from time to time.
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When I buy out a collection, I end up with all types of random stuff. There are 100's of ads here, all broken out by brand or subject matter. They're all in excellent condition. I don't have the time to max the money here, but would sell them all for 325 delivered within the usa. It's WELL below 1.00 per given the volume here. My guess is you're approaching 700 pieces. If interested, let me know!
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1 hour ago, Durant Mike said:
Ok, my two cents from a Durant man. I agree with Steve on his evaluation in the $500 to $700 range in the condition it is in. If it was perfect I still would not value it more than $1,000. The Star Motors signs that are green turn up more often and are seen by Durant collectors more often and are just about in every Durant owners garage it seems. This one is the later sign for the company used in late 1929 but mostly in 1930 to 1931 when the company went out of business. I've seen a couple at Hershey over the years but the price is ridiculous and they never sell. Always important to put a fair price on them and get them out there in the hands of those Durant people!
If this sign was perfect, I could get 4-5k for it tomorrow.
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This is BEYOND cool. What are your plans?
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5 hours ago, Steve Moskowitz said:
OK, I will confirm what some of you already believe. I am an idiot!! Watching some of Dan Matthews auction today. There is a sign I covet. After watching one gallon oil cans go for $8,000 and seeing what the signs were bringing today I think the Durant sign is easily worth $2,000 if not more. Wow, no recession among old car guys! Auction still going...I have a certain Olds sign I am interested in but doubt it will be mine.
A significant number of active buyers are gas and oil guys. Business has been good. When people talk about recessions and pull backs, context matters. 14 years ago the stock market was 1/4th of what it was today. A lot of people have entered the part of their life that even with pullbacks in the market, they're still WAY ahead. As that generation has gotten older, their investment strategies have changed, making them less vulnerable to big swings. I believe the market for collectibles is expanding, bringing in new money. We spend an insane amount of time bringing in and educating new clients on the market in hopes of growing the overall. Instead of the signs just traveling in a circle amongst similar collectors.
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Anytime you search sign values, you have to pay attention to condition. The difference in value to certain collectors from 8.5 to 9.5 condition, is 2x the price. Of course on any given day in an auction, crazy things can happen. Durant signs aren't super common, but also not highly desirable. I think you'd get 1500-2500 in an auction for it, with the absolute max being 3-4 if the stars aligned. It's not because it's a bad sign by any stretch, it's just the big money comes out for items rated 9+ condition.
The value it has to you because of the story is what matters.
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A random piece I got 2 weeks ago. SnoRunner was made by chrysler back in the day as a snowmobile type motor cycle thing. Not sure exactly how to describe it. Was a limited production piece. Believe it was probably military based as it was made to come apart pretty easy. You don't find much advertising for them and what does exist is pretty boring. Surprised to find this one, just a small crack in the plastic. I had 3 SnoRunners but sold 2 at Carlisle this past month. Kept one that I'll show at the museum as part of the oddities that Mopar did.
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https://www.bonhams.com/auctions/26810/lot/16/
This one appears to be done similar to mine. Has a 62 dash in it, but is obviously a 63. The last 3 of the vin is 300 vs mine being at 155. Haven't found another interior example yet to compare against.
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Of all the 63's I can find reference to, none of them have 62 chassis. There is a huge difference in the two as park was introduced in 63 and platform brakes (thank god) were removed. I can't wait to dig into it and see what else I can find out. I would be shocked if this wasn't the first one built for 63, maybe done months ahead of time if it had a special use, who knows.
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Why not bring up an old thread :). I have a 58 and 63 Imperial Ghia Limo. What's odd on the 63, it has a 62 chassis. That means different brakes, transmission, dash, etc. Yet the body is absolutely 63. I'd love to get a 60-61 Ghia if anyone knows of a restored one for sale.
Mike
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Proof it's about passion and not money. Worlds most expensive radio display haha. Found the two radios that went with the display and had them fully restored. Next will be mounting it where I can actually get a reception inside the building. I have heavy travel coming up so will be a bit before I get this done, but was a giddy little kid when these radio's finally arrived. To my knowledge, this will be the only working display I've seen. I know of 2 others, one I used to own till I upgraded.
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I know I need to go through mine and sell off some. I bought them very early when I was into collecting and was afraid they were likely fakes. This is great info.
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2 hours ago, Mark Wetherbee said:
Another thing that helps the price increase for the seller is the two minute additional time after a bid. It’s a good way to discourage “snipers” all bidding in the last two minutes and getting a steal, plus it does get the competitive people bidding above and beyond that point they normally would have stopped buying.
The downside to those auctions is that you can have multiple lots that begin to end all at the same time due to the extensions and people can't keep up with them all.
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3 hours ago, TexRiv_63 said:
I have bought items from a local estate sale auction house so I know about the fees, they are ridiculous but part of the business. Not sure yet what the seller's fees are for listing there.
Auctions have to make money somehow, that's done via the commissions. It's their broker fee for connecting buyer and seller.
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It's hard to beat using an auction house if you have things of value in volume. It's difficult to max the value when you only have a few pieces, especially on smaller dollar items. If you want to maximize your auction results, the auction house needs time to properly photograph and market the pieces. There are plenty of auction houses out there that can do this. If you're overloaded in one specific area, just be aware the market might not be able to handle a massive influx or one particular type of collectible. We have this conversation with collectors all the time. Just remember, an auction house can have the same time and energy into a 100.00 piece as a 30k dollar piece, be realistic about what you'll pay for a commission. Check the Oil guys have done really well with what I think you're trying to sell. Make sure the auction house has at least some experience in what you're selling.
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Memoribilia to view - A guide
in Memorabilia, Toys, Art, Signs, Clothing and Printed Material
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From Switzerland. The foreign stuff is always cool. Single Sided Porcelain. Hoping to get a Dodge sign soon from Belgium, we'll see.