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

["amc74hornet" <AMC74HORNET@xxxxxxxxx>]

--- In BaadAssGremlins@xxxxxxxxxxxxxxx, "lumina333" <lumina333@xxxx> wrote:
> 
> Posted with Eddie's permission:
> ----- Original Message ----- 
> From: <eddiestakes@xxxx>
> 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@xxxx
> > www.planethoustonamx.com
> > volume of email is currently heavy
> > 9-20 day replies, call if important

Thanks Lu for posting Eddie's reply.
Th ribs are almost healed, maybe in another week or so completely. Thanks for the insite on limited edition items, you brought up points that I never thought of.
"Doc"




















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