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  #1  
Old 11-13-2020, 05:42 PM
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astronwolf astronwolf is offline
Lost his Drifter
 
Join Date: Mar 2013
Location: Northeast Ohio
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Default Long-term collectibility as we age out

Quote:
Originally Posted by Woody's Workshop
Buy them up, sit on them. Or leave them to your kids.
Those things will be worth money in 40 years.

Different topic so I tried to move it into a new thread from the AC Supply website thread....

Don't make the mistake that our kids value a horde of kits like we do, especially if it means they have to store it for 20-30 years. The kit collectors are us, and when we go the market goes. It happened to the Elvis market - it used to be hot, but the old Elvis fans all started to die off and no one gives a hoot about run-of-the-mill Elvis memorabilia. Unless it is of historical value and rare, your Xarconian Destroyer or Gnome kit isn't going to be worth much in 20 years.
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  #2  
Old 11-13-2020, 05:48 PM
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ghrocketman ghrocketman is offline
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I have many collectible/rare kits and I intend to BUILD them.
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  #3  
Old 11-13-2020, 06:31 PM
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astronwolf astronwolf is offline
Lost his Drifter
 
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Quote:
Originally Posted by ghrocketman
I have many collectible/rare kits and I intend to BUILD them.

That is probably one of the best options, IMHO. I will build and give away. The rest goes into the dumpster after I die.
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  #4  
Old 11-13-2020, 06:38 PM
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Earl Earl is offline
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I build and collect, but the main reason was/is to build the kits I missed and, like many others, could not afford as a kid.

My ultimate plan would be to name a recepient (museum, etc.) to receive my collection (whatever is left) after I am gone.

Earl
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  #5  
Old 11-14-2020, 08:30 AM
Neal Miller Neal Miller is offline
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Default Kits of days gone by

Both of my daughters love to fly rockets, and they both have built them in the past. BUT as both of them are now Adults, they do not have any interest in the collection that I amassed. Nor would they have any idea what to do with it. So I decided to let go it is 99% gone. sold for someone to enjoy.
I had 49 years of good times with Model rockets but now I only have pictures and the memory's.
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  #6  
Old 11-14-2020, 08:59 AM
A Fish Named Wallyum A Fish Named Wallyum is offline
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When Carl started producing his early kits as numbered kits I was buying two, one to build, one to save. I quickly soured on the idea because of the space that collecting takes up that could be better used for storing flyable rockets. I've got a cabinet full of rockets that I bought, but never got around to build in addition to the Semroc low numbers. I really need to think about selling some of it off.
Or trading.
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  #7  
Old 11-15-2020, 11:15 AM
snaquin snaquin is offline
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Quote:
Originally Posted by ghrocketman
I have many collectible/rare kits and I intend to BUILD them.


Quote:
Originally Posted by astronwolf
That is probably one of the best options, IMHO. I will build and give away. The rest goes into the dumpster after I die.

Great thread Wolf.
It certainly got me thinking. I don’t have anything rare enough in my collection to be of much interest to most at the auctions. The stuff I have collected over the years I do intend to build as much of it as I can for as long as my health holds out. My son has zero interest in any of this stuff I have in bins although he absolutely loved flying with me when he was a kid and I have fond memories of that.

I have also built and given away models. There is a satisfaction to know that I put my best efforts into building and finishing a rocket and then giving it so someone that really appreciates it and will fly and enjoy it and make it part of their own collection.

Kits in my collection that I know I won’t build either because I lost interest since I bought it or just knowing that I’ll never really get around to building it I will consider giving to my club as a donation or an individual that really wants it. If I’m really not going to build it why keep it in a plastic tub if I’m not a collector?

Although I have the utmost respect for those that do collect, it was never my intent to collect for the intention of having my collection gain in value to later turn it for a profit. My collection is very personal to me. I love my early numbered kits too. When I recently went through bins of my stuff each kit tells a story. I remember discussions with Carl on most all of the bagged Semroc kits [and part kits] that I have had email exchanges with Carl and Sheryl or the pre-production SLS Hustler parts only kit that I had before the kit release or the one of a kind EnerJet Nike-Ram that Carl cut fins for me with tabs to fit his LT-125 slotted tubing. To me you can’t put a value on these things because they are priceless ... to me.

They are for my enjoyment, to build or to pass on to others. I never thought of them as anything more than what their personal value was to me and in that respect they are worth a fortune.

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  #8  
Old 11-15-2020, 12:06 PM
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Earl Earl is offline
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Quote:
Originally Posted by snaquin
Great thread Wolf.
It certainly got me thinking. I don’t have anything rare enough in my collection to be of much interest to most at the auctions. The stuff I have collected over the years I do intend to build as much of it as I can for as long as my health holds out. My son has zero interest in any of this stuff I have in bins although he absolutely loved flying with me when he was a kid and I have fond memories of that.

I have also built and given away models. There is a satisfaction to know that I put my best efforts into building and finishing a rocket and then giving it so someone that really appreciates it and will fly and enjoy it and make it part of their own collection.

Kits in my collection that I know I won’t build either because I lost interest since I bought it or just knowing that I’ll never really get around to building it I will consider giving to my club as a donation or an individual that really wants it. If I’m really not going to build it why keep it in a plastic tub if I’m not a collector?

Although I have the utmost respect for those that do collect, it was never my intent to collect for the intention of having my collection gain in value to later turn it for a profit. My collection is very personal to me. I love my early numbered kits too. When I recently went through bins of my stuff each kit tells a story. I remember discussions with Carl on most all of the bagged Semroc kits [and part kits] that I have had email exchanges with Carl and Sheryl or the pre-production SLS Hustler parts only kit that I had before the kit release or the one of a kind EnerJet Nike-Ram that Carl cut fins for me with tabs to fit his LT-125 slotted tubing. To me you can’t put a value on these things because they are priceless ... to me.

They are for my enjoyment, to build or to pass on to others. I never thought of them as anything more than what their personal value was to me and in that respect they are worth a fortune.



Steve-

Agree with you completely on the profit part of it. Never has been my intention to collect as an ‘investment’ or to make money from them. Just trying to fullfil my childhood dreams and in some cases, try to document and preserve some of the more rare kits, in particular the Centuri stuff. But if I wanted to do something to make a profit, it would NOT be investing in rocket kits!

Earl
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  #9  
Old 11-15-2020, 02:30 PM
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ghrocketman ghrocketman is offline
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I have a pre-release SLS Hustler from Carl as well, in addition to the ONLY Athena prototype.
__________________
When in doubt, WHACK the GAS and DITCH the brake !!!

Yes, there is such a thing as NORMAL
, if you have to ask what is "NORMAL" , you probably aren't !

Failure may not be an OPTION, but it is ALWAYS a POSSIBILITY.
ALL systems are GO for MAYHEM, CHAOS, and HAVOC !
Reply With Quote
  #10  
Old 11-14-2020, 10:29 AM
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LeeR LeeR is offline
Retired with Way Too Many Kits
 
Join Date: Jun 2007
Location: Colorado
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Quote:
Originally Posted by ghrocketman
I have many collectible/rare kits and I intend to BUILD them.


Me too! But I'll need to live to 117 years of age, at my current build rate and inventory levels.

If we continue the draconian lockdown measures, my build rate may go up a bit ...

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