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Proposed Rarity And Value System (9024)

I have known for a long time, how difficult it would be to put out a price guide on canes, the variations are tremendous. It would take a 3in thick book, and you would need a picture to go along with every description. Then you would need to vary the amounts for condition, which there aren�t definitions for. Then you would have to take location into consideration, as prices are different depending on where they are. All in all I have always thought it to be an impossible task. Then I came up with the idea of a range for each instead of a specific price. That I wouldn't try to give a specific appraised price, but just give collectors a ball park of what a specific cane is worth. Rather than worry about condition, my range assumes average condition, which makes it all original. If its above average add, and below subtract.
Rick Wagner once told me that he thought 50% of all canes are less than 250.00 and 80% are less than $500. I decided to start at $250 with the letter A and double until I reach $12000, with the exception of $500 to $1500. The higher the price, the wider the range needs to be. People have ask me for certain canes in Dike, and are surprised to find they are over $10,000, even if you could find it. An awful lot of canes you never see.
A 250 and under
B 500 and under
C 1500 and under
D 3000 and under
E 6000 and under
F 12000 and under
G 12000 up


I have also decided on a scarcity system, which has nothing to do with value. A cane can be very rare, but not bring a lot of money, and very common and be very expensive. Values are based on supply and demand not age or rarity. The scale I have decided on for the moment, subject to change is, 1* common, 2* uncommon, 3* rarely seen, 4* very rare. In gadget canes the machine gun , camera, flintlock gun, scooter, mandolin, and stick barometer would all be 4* and over $12000. I would say a third of the canes in Dike are 4* and most would sell for less than a thousand, because they are not high in demand, like tool canes and some of the hunting and fishing canes.
As this book is a work in progress, it will take me a long time to put a scarcity and value code in each canes description.
These systems are not set in stone, I'm looking forward to getting input from other members and dealers. Lets here some opinions in the forum.



Category: Special
Sub Category: Other


Listed: 2007-04-17 21:20:34







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