#1
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vintage 47s & 67s as an investment strategy?
When I bought my Flea 47 back in December 2016, a vintage U47 was going for around $14K-$15K. It took me a year to talk myself into spending what I spent on the Flea but had I bought the vintage 47, I could sell it today and buy a bouquet of Fleas.
If only i had $33K lying around doing nothing. But I really do wonder what the ceiling in on something like this. 5+ years ago, I didn't think this kind of appreciation in value was remotely possible. I'm seeing a similar rise in value for the U67 also. I remember seeing these go for $8K-$9K about five years ago. I'm starting to wonder if buying vintage 67s and 47s might be a valid investment strategy.
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#2
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Musical instrument market values are pretty volatile. I wouldn't buy any instrument as a financial investment. You could do a lot better with $30 k.
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#3
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I said nothing about investing in instruments.
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#4
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Ok mics. Absolutely different. Nothing like an instrument....I'm sure its a sound investment.... ;-)
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#5
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Not mics in general. I mentioned two specific mics. Have you spent any time watching the prices of the two mics I mentioned? Before you get snarky, you might want to see if you're making an argument that holds up to scrutiny.
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#6
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Perhaps if someone was an experienced mic tech then that might be a better situation? But it would I think, would still have to be considered a high risk strategy And one has to wonder what the saturation point is,,(price wise) ????
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Enjoy the Journey.... Kev... KevWind at Soundcloud KevWind at YouYube https://www.youtube.com/playlist?lis...EZxkPKyieOTgRD System : Studio system Avid Carbon interface , PT Ultimate 2023.12 -Mid 2020 iMac 27" 3.8GHz 8-core i7 10th Gen ,, Ventura 13.2.1 Mobile MBP M1 Pro , PT Ultimate 2023.12 Sonoma 14.4 |
#7
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Quote:
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#8
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And no question that those mic have jumped dramatically as you say even just 5 years.... And had one invested in them 5 years ago it would represent a significant profit. But the problem with niche market items is that "it is hard to say" if and or when they may reach a saturation point and while they may not go down dramatically the question is will they keep going up ?? .. At 30k it seems less likely they will be 60k in five years But Who Knows ?? Me I have always relied on real estate as an investment strategy But that is just me ..
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Enjoy the Journey.... Kev... KevWind at Soundcloud KevWind at YouYube https://www.youtube.com/playlist?lis...EZxkPKyieOTgRD System : Studio system Avid Carbon interface , PT Ultimate 2023.12 -Mid 2020 iMac 27" 3.8GHz 8-core i7 10th Gen ,, Ventura 13.2.1 Mobile MBP M1 Pro , PT Ultimate 2023.12 Sonoma 14.4 |
#9
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Real estate is usually a good investment but like most investments, timing is everything. People who became heavily invested in 2007 had to wait a long time to see a profit.
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#10
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Right. And I know we're not talking about instruments, but in 2007 I sold a couple of old, all original Fender basses right at the peak of the biggest bubble ever. The market for those is still 10 to 20 percent below where it was then, and now those instruments are 15 years vintage-er.
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#11
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It would need to be a long-term investment. At the studio where I work we've owned, and I've worked with, a U-47 since 1984. Its value has done nothing but increase over that time.
Many, many clones of the U-47 such as the Peluso, Flea, Bock, Pearlman, and even Warm Audio, have hit the market. There are sonic rivals to the original in this new crop, but the value of the original just keeps climbing. Oh, and in recording engineering, we call our mics "instruments." Bob
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"It is said, 'Go not to the elves for counsel for they will say both no and yes.' " Frodo Baggins to Gildor Inglorion, The Fellowship of the Ring THE MUSICIAN'S ROOM (my website) |
#12
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I don't know about the rest of the clones, but I paid $3400 for my Flea 47 and today it goes for $4500. So even the price of the clones is going up ...not as much as the vintage by a long shot though.
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Jim 2023 Iris ND-200 maple/adi 2017 Circle Strings 00 bastogne walnut/sinker redwood 2015 Circle Strings Parlor shedua/western red cedar 2009 Bamburg JSB Signature Baritone macassar ebony/carpathian spruce 2004 Taylor XXX-RS indian rosewood/sitka spruce 1988 Martin D-16 mahogany/sitka spruce along with some electrics, zouks, dulcimers, and banjos. YouTube |
#13
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In reality, Mics are as different from one another as our guitars are. So yeah - absolutely...a microphone should be viewed in the same many as we view instruments. Each one has its own personality. |
#14
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I have sung through real U47s and I've never heard a clone sound like the experience I've had with those originals. They are just so large sounding. I just think the Neumann engineers hit it out of the park with that design. And now, even if you spend the $30,000 on an original, you still have to consider the cost of a backup, in-spec tube, for it. They only made so many of those tubes and they are ridiculously pricey and many of the sellers of these tubes are notoriously unreliable.
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#15
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I've been increasing my gear holdings as I've equipped my little studio over the past 18 months.... just with more modest pieces than the ones mentioned here, buying used were I can. I've watched prices on some of the gear I've bought go up 10-20% in that short amount of time. Glad I bought every bit of it, because I certainly get some use out of it, and it ain't getting cheaper.
However at this point, it seems recession is likely on the way. Unless one is dollar cost averaging into microphones, I'd probably wait until we are in the teeth of whatever's coming before pulling the trigger on big, vintage pieces.
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