On Mon, 13 Sep 2004 12:39:26 -0400, Graywolf <[EMAIL PROTECTED]> wrote:
> Price back then with f/2 Summicron, $375 (from memory). Corrected for
> inflation $5625. You sure would have a hard time getting that for it.
> 
> Of course if you think of it as getting 3x what you paid back then it
> sounds good. Only thing is a 1964 dollar bought 15x as much as a 2004
> dollar does.
> 
> Collectables can be a good investment if you are very selective, pay
> wholesale, sell retail. Unfortunately most collectors I have met do none
> of those things.

Agreed.

I think that making money on these incessant collectors editions means
buying and selling relatively quickly, while the market is still hot.

If you hang onto it, hoping it's going to appreciate more, you may be
in for a big surprise.

There's no replacement for knowing the market, buying low and selling high. 

cheers,
frank


-- 
"It's about time we started to take photography seriously and treat it
as a hobby." -Eliott Erwitt

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