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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
I just got an e-mail to this effect:
Quote:
I am getting ready to send my order to Brett Sherwood for a set of engraved cups as he is getting ready to create a new batch. Question, which do you think will be 'more collectible' and 'more valuable' overtime knowing that there is set 1,000 sets total all silver 250 silver/gold and 150 all gold. Just curious about your thoughts based on your cups knowledge. Do you think the sets of lower quantities will hold better value or because all silver seems to be more popular they will? Any info would be appreciated. My opinion on this subject is very simple. I have said this in radio interviews, podcasts and magazine articles. If you are buying cups for an investment, you are buying them for the wrong reason. Buy them because you love them. If you don't love them, don't buy them. Cups, even the best cups, are not a good investment. If you want to buy something for an investment, buy gold coins. At least they will only sink as low in value as their face value. Buy the cups you like and use them. BTW, I have left off the name of the person who asked the question. He is not the first, nor will he be the last.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Sir Richard Special user 650 Posts |
So what's the best wand to invest in? (Sorry, couldn't resist.)
Sir Richard.
"In the land of Murphy there is but ONE law!"
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
The solid gold one.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Dougini Inner circle The Beautiful State Of Maine 7130 Posts |
ROFLMAO!!! I don't know how you do it, Bill. I guess ya have to take it when you're "The Wizard"!
Is that a Sherwood Cup on your head??? Mine eyes mayeth deceiveth me. Doug |
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
Yep! It's the Sherwood Gold and Silver. I'm used to these questions. I get them from banjo nuts as well. You wouldn't believe some of the idiot questions I get about banjos.
Here is a similar thread about books: http://www.themagiccafe.com/forums/viewt......&start=0 Read the last post on the first page of the thread.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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scottjenkins Loyal user 218 Posts |
Banjos got nuts? First trucks, now this...
Scott Jenkins
Magician Member of the AMA Joe Porper's partner! |
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
More nuts than an Almond Joy!
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Dale Houck Veteran user Dakota J Magic at Saint Cloud, FL 343 Posts |
There’s much truth and wisdom in your advice Bill. No one should buy new cups thinking they’re going to increase in value, or even hold their value when adjusted for inflation. That said, I use the “invest” and “investment” words sometimes when I buy things, including cups but what it really amounts to is a “gamble.” I’ve bought a lot of cups over the years and sold them for a “profit” on ebay and other places and its fun. It’s kind of like the thrill of catching a nice trout. However, if you look at the time invested and put a dollar value to it, only ebay REALLY makes money on my transactions. I’ve done the same thing over the years with vintage cars, antique furniture and gold jewelry. If I was a Donald Trump apprentice, however, I’d get fired. He’d tell me I was really just operating a junk yard, moving furniture across the country as an over-the-road truck driver and dealing in scrap metal. It would all be true, but I still had fun doing it!
You’re absolutely right. Buy cups (or cars, or banjos or whatever) because you love them. I’m guessing that not even the cup manufacturers REALLY make money making cups (or at least not as much as they would pursuing other things). They do it because of their love for magic, especially cups and balls.
Magic is where you find it.....
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
Cups are a really interesting thing. They combine aspects of art and function. Above everything else, they are intended to be used.
They have been with us for a very long time, and the same thing that has happened to musical instruments, weapons and vehicles has also happened to cups. If you make a study of musical instruments, you will find that there are what collectors calle "high art" instruments. Usually these are the same instruments that a professional musician would play, but they are highly decorated with engraving, carving, inlay and painting. Some of the traditional examples of these would be the Martin D-45 guitar, the VegaVox IV banjos, or the Gibson Florentine instruments. Benelli has been making fine shotguns for many years. There are engraved, carved and gold inlaid models that I don't think anyone in his right mind would ever shoot. But they are really pretty. When Houston attorney John O'Quinn got killed in a traffic accident last October, he left behind a collection of vintage automobiles. Some of these were high art cars. The engraved Sherwood cups have a lot in common with these items. The only ones of the things I have mentioned that are of questionable function would be the shotguns, because of the damage that shooting can do to them. There is a point in all of these things at which they go from new, to used, to vintage, to collectible, to a profitable investment. But it takes YEARS for this to happen. The 1932 Gibson Granada Flathead 5-string Banjo, which is basically what Earl Scruggs plays, sold originally for about $100. In 1950, you could buy one for around $400 - $500, if you could find one (there were only five of them made). Now you would pay $50,000 to $150,000 for one that is in excellent condition. Why? Because Earl played one. They are no better than any other contemporary flathead banjo. If Earl had played a Bacon and Day, that would be the one everybody wants right now. Paul Fox cups were really popular because Vernon used a cup that looked like them, and Frank Garcia recommended them. The Sherwood cups have earned their popularity by being excellent cups.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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panlives Inner circle 2087 Posts |
Bill,
How much is that doggy in the window?
"Is there any point to which you would wish to draw my attention?"
"To the curious incident of the dog in the night-time." "The dog did nothing in the night-time." "That was the curious incident," remarked Sherlock Holmes. |
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
Which one? The one with the waggly tail or the one with the basketball nose?
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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panlives Inner circle 2087 Posts |
First edition waggly tale, of course.
No dog ears.
"Is there any point to which you would wish to draw my attention?"
"To the curious incident of the dog in the night-time." "The dog did nothing in the night-time." "That was the curious incident," remarked Sherlock Holmes. |
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
If there are no ears, then he would be damaged. Or deaf.
You know what a basketball nose is. It dribbles all over the place. (Homer and Jethro -- Hound dog in the Window) 1953
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Dougini Inner circle The Beautiful State Of Maine 7130 Posts |
ROFLMAO!!! OMG..you guys are gonna give me a hernia (more hysterical laughter)...
Bill, I can't stop looking at that Sherwood Cup on your head. Is that something new, or have I just not been paying attention? Been kinda "out there" lately, as you can understand... Doug |
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
I have used that avatar since October of 2006.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Tom G Inner circle 2895 Posts |
Never ever thought I'd see a reference to Homer and Jethro on a magic forum.
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
You never know who will show up here.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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Tim Dowd Special user ...Making the Magic Happen! 942 Posts |
What do you call a dog with no ears?
Timothy Dowd
...Making the Magic Happen! http://www.timothydowd.com These are my points of view; I accept no responsibility for your interpretation of what I just said... |
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danmarimba123 New user 55 Posts |
You don't call him....you go get him
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Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
Quote:
On 2010-08-22 18:39, Tim Dowd wrote: It doesn't matter. If he can't hear you he won't come anyway.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
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