..it may be a real looker, virzi and all....but $130,000....thats just plain ridiculus....thats my opinion....hell..with the price of gas who could even afford to go get it.....This Loar price thing is gettin way outta hand...dont ya think?
..it may be a real looker, virzi and all....but $130,000....thats just plain ridiculus....thats my opinion....hell..with the price of gas who could even afford to go get it
130k and that doesn't even get you an original pickguard!
I want to be like Mike...Marshall that is. I think his is Feb 18th as is Tom Rozums....
And I only have three credit cards saved up. Not quite enough. I figure this one will take at least twelve or so cards!
Fred
I actually think Loars, within their historical context, are undervalued. I really believe they'll hit $250,000 within a couple of years.
..... f5joe
There in now one in the classifieds for $150,000!
I never wanted them all, Just the ones I wanted.....
..yep..thats my buds Chris Stanley..that thing is a Hoss...and a Fern at that..
The fern will likely go at that price is my guess. There's someone who has been advertising they'll pay that. Apparently this was heard and is being tested.
[/QUOTE]I actually think Loars, within their historical context, are undervalued. I really believe they'll hit $250,000 within a couple of years.
What historical context would that be? Monroe? or are you refering to something else?
Yeah, Keep calling me Hillbilly........
I believe that's code for "I own one". Just having fun. Don't throw rocks.
"What historical context would that be? #Monroe? or are you refering to something else? "
The historical (hysterical?) context would be the prices that are commonly paid for fine violins, and the inflation in those prices that have occured in the past 25-30 years...
It seems that 100K is a real wobble-point...
If someone can afford 100K for something special, then 250K is not out of the question...
But of course, 100K doesn't really buy you something really special in the world of violins anymore...
Scott: I don't own a Loar. I've played many over the years and I lust for one. I'll settle for my Dude and Duff for the time being.
Historical context: Well, it would seem repetitive to explain what I mean. Look at all the posts regarding the Loar and its history, including Monroe. This is not a new thought.
..... f5joe
the sky is limit, as long as someone thinks someone else will pay even more, however as i've said on another recent thread i'm thinking that, in terms of finding a particular tone, a Loar is no longer necessary, as evidenced by the top pickers who haven't chosen to own or even to borrow one to record, see O'Brien, Thile, McCoury, Sam B, Steffy and the list goes on therefore those investing are doing so for the aura or speculating. which is fine, but its not like all the great tone is being locked up somewhere, lots of equally great instruments out there........
I like the idea that 100,000 is a break point, I think I agree that to those who are now the major stake holders in the value of Loars, that the difference between 100 and 200 k is theory more than practice. So the price can certainly go up.
By that I mean if you have 100k to plunk down whos to say that you won't plunk 200k? Because in all likely hood that person isn't plunking down thier life savings for the dream Loar or anyting it's more like what they won in vegas last week, or half of thier shares in MClone...
Once the bar has been raised to a given height, you can count on the published price holding at that level. Whether it is sustainable, or has been set by a single individual with deep pockets and an expensive itch, will sooner or later be made clear. It's not uncommon in other areas for sales of comparables to be done behind the scenes, with the actual amount paid known only to buyer and seller.
As you can imagine, at these levels it's no longer about "tone", whatever that is. There's a whole lot of context and emotion involved, and proves the existence of sympathetic magic. (Something once in contact with Big Mon is always in contact with him, on some astral plane or other. A million bucks says it's true.)
Or even a decent miter in the binding of the replacement!Originally Posted by (ethanopia @ May 21 2004, 07:39)
John Hamlett
www.hamlettinstruments.com
[QUOTE]Historical context: Well, it would seem repetitive to explain what I mean. Look at all the posts regarding the Loar and its history, including Monroe. This is not a new thought.
Things are not always as they seem.
Yeah, Keep calling me Hillbilly........
I am not asking what everyone else thinks. Everyone else didnt make the historical context comment. You did. I was looking for your thoughts.
Yeah, Keep calling me Hillbilly........
I'm not sure I've ever seen a Gibson mandolin in a museum outside of the Country Music Hall of Fame, and I don't really remember seeing one their either (where is Bill Monroe's mando, anyway..probably vaulted away in a bank)...is there much interest outside of the mandolin playing/building community?
In the big picture, I'm not sure the American mandolin (Gibson) has really established much of an historical context at all, especially since it has only been applied in any sort of widespread manner to a musical form that exists on the fringes of mainstream society. How many times have you heard the question "Is that a little guitar or something?"
I really don't know what I'm talking about, but its fun to pretend I'm smart!
[QUOTE]I'll settle for my Dude and Duff for the time being.
Settle for a Dude! That's hilarious. You settle for a Kentucky not a Dude.
I'd pay $99,999.99 and not one penny more!
I think comparing a loar to a Strad violin is a little of a stretch. While to many a loar is the pinnacle of the instrument, is that true outside of bluegrass? I dont know but I suspect probably not. Do any players outside of bluegrass play a loar? I dont know does anyone out there know?
Yeah, Keep calling me Hillbilly........
On a trip to Italy probably 6 years ago I took along my F-style beater. I remember a gal on the beach asking me what type of instrument I was playing. When I said it was a mandolin, she laughed.
Important to keep in mind that outside of America, our beloved instrument is for the most part unrecognized as a mandolin.
But this really has nothing to do with the value of a Loar.
oh yeah? #well how do you like the $150K price in the classifieds?
I think the price jump was inevitable. With only so many available, and with more than a few folks with the desire and the means, it had to happen.
Are they worth $150K? Well, apparently so. Will they be worth more in the future? Who knows. Is this just a bubble? Who knows, and furthermore, who cares? Supply and demand will always determine the price of a specific thing, and as much as we might not like the result, things will remain the same.
Remember, there ain't no more of them being made.
Charlie
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