[BaadAssGremlins] Here's one for you Doc...from Eddie

["lumina333" <lumina333@xxxxxxxxx>]

Posted with Eddie's permission:
----- Original Message ----- 
From: <eddiestakes@xxxxxxxxxxxxxxxxxxxx>
To: <BaadAssGremlins@xxxxxxxxxxxxxxx>
Sent: Friday, December 31, 2004 10:22 AM
Subject: Re: Collectibles & Limited Edition Prints Question <long!>


> Hi Doc, how are the ribs? Therer are several reasons why artists 
limit their prints to a certain number. First off, the AMC question. 
Will he be able to sell all 100 prints? I believe he will, but it 
will take him several years.
> This is that Rambler Mentality thing I bark about from time to 
time.
> Everyone says "this is awesome, I'm going to buy several!" but the 
longest trip some of those AMC cheerleaders ever make is their hand 
to pocket to get wallet. In other words, all talk. This is not 
uncommon in anything  however, whether collecting trains,s tamps and 
other toys.
>
> Now for the 100 prints. The reason it is limited to 100 prints is 
simply a incentive for them to sell. This eliminates the RM crowd, 
as they suddenly to buy now or lose out. Same with GM, Mopar, 
whoever. There is a bigger market for those makes. However! If the 
artist, or license holder runs out of the initial "run" well, they 
can make another "run". But this does NOT always happen I assure you 
and many times, when a limited run item is gone, IT IS GONE FOREVER.
>
> We see books for instance, let's take the former prez who likes 
buttiro eating fat chicks, not that there is anything wrong with 
burrito eating fat chicks, I would rather have a girl that can hold 
her own against me one on one in a buffet than a girl that is so 
skinny she only has one side like Olive Oly. Why did Popeye and 
Bluto fight over that? But the former prez Clinton's book sold out 
of it's initial "run". So the publisher made a second "run". And 
that sold out. Each "run" is marked, such as "first printing" of 
which is more valuable than 2nd, 3rd, or however many they print. 
There is no guarantee, even if demand appears to be there, that 
another "run" of anything will be done.
>
> This goes for AMC parts. I have a 2 year wait for 68-69 red, rear 
> reflector lenses for AMX and Javelin. No one has them. I used to 
sell mine for $75, and could get $300 for one right now. But no one 
has them. Feel free to call around if you want.
> And to the third part of your question. You see this happening 
with model cars. This could be applied to just about EVERY AMC 
miniature Johnny Lightning/Playing Mantis, or Corgi Toys, or Hot 
Wheels has made. It insures that the things hopefully will sell. And 
yes, the collectors pick them up first....and quickly. Some go for 
MORE than originally intended. You can look at real cars for 
examples of this like the Chevy SSR trucks, or many PT cruisers or 
even some Mercury Maureders. And yes, many of these get shoved in 
garages, warehouses, and tires taken off, and car put on blocks with 
zero-10 miles, only to possibly be brought out years from now and 
sold at a profit. It is speculation, nothing more, some appreciate, 
others take a loss. Same with models.
>
> I have models I would love to build but can't, I simply don't have 
time to. But have many original AMT, Testors, Jo-Han, Revell 68-74 
AMXs, Trans Am Javelins, Machines, Javelins, Ambassadors, and even a 
few Rebels. How many of you have a Grant Rebel funny car in package? 
It's worth $300-$500. For $500 you can buy my 74 Hornet Sportabout. 
But to a serious collector, to hell with the hornet, they want that 
damned model. Same with that NOS 70 Javelin grill I found in my 
warheouse. I didn't know what it may be worth so called a number of 
vendors on my own vendors list for advise, most said $1000-$1300. So 
I put a ad out ther for $1000/low end. I didn't have any six 
cylinder Javelin owners call, no 304 or 360 Javelin owners call, nor 
did I have any Donohue owners call. The three callers all owned 
$30K+ 70 Trans Am Javelins, and the first guy in Ohio next day aired 
me the $1K + $30-$40 for shipping with mandatory insurance.
>
> So in a nutshell, it is supply and demand. I would believe the 
limited anything would first be a attempt to insure that it sells 
out, and those who bought one will know that it is a investment, to 
appreciate in value. Same with some cars, and other collectibles. It 
you flood the market with them, anything, you run the risk of not 
selling out and people can have a lot of apathy about it, thinking 
it will always be there when they are ready to buy one. This works 
on some things, others, it fails. Speaking of collectibles, the Ed 
Shaver Hot wheel car here is worth about $2000-$2500. The most I 
personally know of a Hot Wheel selling was a Volkswagen Beach Bomb in
Magenta, for $75,000. Got milk?
> Eddie Stakes'
> Planet Houston AMX
> 713.464.8825
> eddiestakes@xxxxxxxxxxxxxxxxxxxx
> www.planethoustonamx.com
> volume of email is currently heavy
> 9-20 day replies, call if important






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