How much is my ...........worth?

[hoover1060]

chill dude...

settle down Kyle, nobody is on your case or trying to get you.

You wanted to know what the Compact was worth, and this has been a nice lively discussion.

Rocket why Posh for heavens sake? I'd rather have the Compact than stare at her sour mug.
Unless of course her hubby comes with her....(cue the Jaws music)

 

[ian88]

Why bother when i'm right here? ;p

(thats it, i've crossed the line...Ian straight as a plank Moore is baiting the more festive members of this forum ;p lol jk)

 

[rocketwarrior]

Why Victoria?

I think I can answer the “why Posh” question, but first do you mind if a pick up just a little more data? And I will open this to the entire Dream Team: Ian, Pete, Jeff, Pat, Posh - can any of you cook?

 

[ian88]

I can make pasta not taste like cr*p ;p pot noodles are quite easy too..rice..all the simple boilable foods

 

[hoover1060]

well

I can answer the "Why Posh" question too... I'm not blind!!

Ian shame on you...of course I am very happily attached, so I suppose you could stand next to Mr. Posh and just be eye candy if you like.

And yes, I can cook, quite well as a matter of fact...

 

[rocketwarrior]

Crap

Jeff, Kyle said crap. That makes it okay for you to remove the asterisks from b**ch.

BTW, your being a good cook just confirms my instincts that a Dream Team is forming.

 

[compactc9]

I gave my estimated price on the highest resonable price he may have gotten for it on Ebay. This was based on the description that it was complete with all tools and the hassock in near mint condition. Clearly the machine pictured is not what was described.

Kyle, refusing to post pictures of the rest of the cleaner will only hurt your credibility on this. It will only make it look as if you were not beeing honest about what you had. Iwould have been better to not post anything until you had everything togather.

 

[rocketwarrior]

Thank you, Reg,

..perhaps the Dream Team estimate tween $30 and $50 is more like it. It does seem like the first post has turned out to be a tease. Sigh. And we were trying to hard. Now I suppose the senior members will repeat that tired lament that it is impossible to value these things and will gather the sand bags 'round and shut us out.
But your 'take' on what might have happened with a complete machine in great shape is good information. Thanks for sharing.

 

[air-waycharlie]

Okay, I Charlie, have a thought on this. It is great to come up with guestimates on what anything is worth.

The reality of it is, it is worth what someone is willing to pay. As an ebay seller, I have had my thoughts on values dashed when the selling price was much lower than I had anticipated.

If you watch the vacuums, (or other applicances), sell on ebay, you will see some obscure model in somewhat ratty condition go for $500 or more. Then, a pristine model totally complete and original will go for less than $150. When is it the right place at the right time? How do you get the right buyer to see it?

Just something to think about.

 

[rocketwarrior]

Smile

...with all due respect, Charlie, reference to the quirkiness of ebay as an excuse for saying it is impossible to value these units is a cop out. When estimating value, we throw out the anomalous highs and lows - they are not helpful.
I was involved in a screwy case this spring where a couple of light sabre rattling goof balls bid a $17,500 property up to $91,000 - each trying to prevent the other from getting it. Reference to that silliness is not helpful in valuing the property.
A few years ago, I watched an entire roomful of dropped out bidders gaze open mouthed as two daughters of the decedent bid up an old electric train set to spite each other. So what? That train set had, and has, a fair market value and the screwiness of that auction does not establish it.
The bottom line, Charlie, is that you have the expertise to render an opinion but choose not to - like the rest of the senior club members.
That is your right but I think it disingenuous, when you have so much experience and expertise, to hide behind Aunt Tilley's skirt.

 

[vinvac]

I have been watching this thread and enjoying all of the conversation here.

However, I am in agreement that the value in any and all of our vacuums only comes from what the buyer is willing to pay. I set limits for myself as to what I will spend for any given machine. Sometimes, as I did this week, I wanted a vacuum bad enough that I was foolish enough to pay $101.00 including shipping for that particular vacuum. Pictures will appear when the vacuum arrives.

You could go to any auction here in the mid-west and see any older vacuum go for .50 to mabey 10-12 dollars. A newer vacuum may be lucky to bring 50 - 60. There truly is no value but rather what one is willing to pay for the item. Vacuums are not like other antiques, you can't find them in price books, most people other than those of us here couldn't even tell you the age of a vacuum. My rule of thumb is generally not to pay more than the vacuum would have originally sold for. New in the box I may add 20 to that price because that is what I am willing to do.

Common sense also tells me that I am not going to go poor to collect vacuums. I appauld those who can afford to pay more and I am always just hopeful when that happens and I don't get the vacuum that hopefully it has gone to a good home. My concern is that the history of some of our great machines is saved. Or Mark in your case put to good ART!

 

[air-waycharlie]

Mark, I'll jump through YOUR hoops, (even though Aunt Tillie's dress is an original Coco Channel and I love hiding behind it!)

Per your wording:
I Charlie, think the fair market value of Kyle's Compact based on his description and the pictures is worth between $5.00 and $ 50.00. Disclaimer: This, "educated guess", is based on limited experience and with a very small and specialized market and should be used for discussion purposes only. You are cautioned that prices may vary incredibly.

Okay, everybody happy now?

 

[air-waycharlie]

Morgan,

Excellent point. I have yet to find a rating system or guide book for the pricing of vintage vacuums.

You can however, visit Kelly Blue Book and NADA to find values of vintage autos and current pricing as well. I'm sure there are other sites that provide pricing guides to other collectibles.

Vintage vacuum cleaners are probably never going to have it that cut and dried. Placing a value on them is sort of a guessing game. When Stan Kahn had his Hoover 950 on ebay, the opening bid, I think, was $600.00, (and it had a reserve as well), or therabouts. The auction ended early as someone offered what Stan wanted, (amount unknown), and then the auction was ended early.

Does that mean every 950 will get that much money? Probably not. However, it does set a precident, realistic or not. And, we all know that are professional ebay selling sites and the owners watch all these sales carefully. That is why a totally mismatched Kirby 560, with mismatched accessories will start with an opening bid of $99.99 and someone will buy it!

Then anyone of us can go to an estate sale and find a Kirby 560 in mint condition, rarely used, in the original box, with all the original accessories and buy it for $15.00.

It reminds me of car ads I see in the Antique Auto Trader. Some fool will have a 1976 Cadillac Sedan DeVille, with a grainy picture, at the wrong angle, 2nd owner, non-garaged car from the rust belt with 62,000 original miles and have the price listed at $12,000. Where in the hell does the seller come up with a number like that? Is the seller just picking a number out of the sky? Yet, all it takes is one buyer to come along and presto.........is that now the value of all 1976 Sedan DeVille's with similar criteria? Hopefully not.

 

[rocketwarrior]

Thanks, Charlie..

Actually, I don't think anyone is surprised that you have balls. And your contribution is very helpful - it takes out the top end silliness which should be reserved for speculators.
We really have established a reasonable range and anyone, who does not have to move the unit, can still look for the right buyer, at the right time, at a better price or just put it on ebay and see if it rings a bell.

I am curious why other senior members don't agree but maybe that should wait for a fresh thread on a fresh day.

Again, Charlie, I appreciate your willingness to participate - and I feel I can speak for the others guys who attempted good faith estimates (and Victoria) in thanking you.

 

[rocketwarrior]

Morgan - good formula!

Morgan, I only have a moment now and will review it more carefully later but your "rule of thumb" formula is also very helpful in the analysis. I think I like it a lot but need to scoot now.
Thanks!

 

[rocketwarrior]

Price Book and Stan Kahn's 950

Charlie,
Where do you think price books come from? There is no price book -- yet. But y'all are working hard at growing this club and building the market. It is premature, probably, for a bright young member to start the book because, so far, most of the the experts are sandbagging. But it is possible that that attitude will change and the experts will not feel such a need to bogart their knowledge. Frankly, if someone were so inclined, the price book could be started -- I will see if my intern has time (smile).

Regarding Stan Kahn's Hoover 950, you mixed apples and oranges. You talked about two separate value items. Item #1 was Stan Kahn's Hoover 950. Item #2 was "every 950". Again, you guys are masters at obfuscation. Everyone who knows of Mr. Kahn's collection knows you are just diddling with us by placing Mr. Kahn's machine in the same lot. Anomalous events are not counted. And you know darn well that if you would give yourself permission to speak candidly, you would have estimated Mr. Kahn's machine to go for a high price. And I believe you would admit that the price of that machine does not set the market for 950s. So your question, "Does that mean every 950 will get that much money?" is the kind of obfuscating rhetoric that spins this thread.
And I am jealous that Tania sits on your lap.

 

[ian88]

My god...brainwave..

how about someone creates, for the club...a PRICE BOOK

a very rare thing gentlemen, Ian Moore has had a genuinely good idea..

 

[rocketwarrior]

Price Book

Frankly, Moore from the Moors, I agree that your idea is genuinely good. However, this needs to be done very carefully - especially until we know more about the chemistry that binds the sandbaggers. I always assumed they wanted to keep picking up machines for $1.98, building their collections. You know what unhappy noises are made when someone rings the bell on ebay. If that is the case, they will feel threatened. And when people feel threatened, frankly, anything can happen.
But that may not be the case at all or may only be the case in certain cases. There may be another reason. But the fact is, they have great, and valid, information that could build the book.
So, you need to figure out the politics if you want the book to have the best data.

 

[ian88]

Just realized you speak like Zorg, Mark thumbs up indeed, thumbs up...give YOURSELF a round of applause lol

 

[rocketwarrior]

Oblique reference

Ian, To use a reference that you will understand (and may leave our opponents in the dust - smile): What I am saying is that you will need to be able to ride the worm.