Kentucky reel prices strong

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Mike N
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Kentucky reel prices strong

Post by Mike N »

After a decline over the past few years, Kentucky reel prices seem to be strengthening lately for quality offerings on eBay and at Lang’s.

Here are some prices realized last week on eBay:

BC Milam & Son, No. 3.......$795
BF Meek & Sons, No. 2...... $511
Meek Horton, No. 7 .......... $442
BF Meek & Sons, No.3 ....... $400

And from Lang’s recent auction (and the addditional 21% buyers premium)

JL Sage, No. 3 nickel........... $2100 plus $441 premium total $2541
BC Milam & Son, No. 3......... $275 plus.....$57.75 total $332.75
BC Milam, No. 4....................$375 plus......$78.75 total $453.75
BC Milam, No. 5....................$900 plus......$189.00 total $1089
BC Milam , No. 6.................. $1600 plus ....$336.00 total $1936
Mike N.
ORCA Founder, 1990
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kyreels
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Re: Kentucky reel prices strong

Post by kyreels »

Agree that reel prices are rising, more so for the higher end it seems. My observation is that it follows the general equities market pricing, but it lags. The dow went from 8000 in 2008 to 23,500 currently, and it seems that reel prices are rising, but not as fast certainly.

Other than the economic factors, I attribute the rising prices equally to the fact that I really wanted a BF Meek and Sons #2, and so the prices must be rising to thwart that purchase. This is why you have to buy stuff when you don't want it and it is cheap. This leads to hoarding behavior and reel clubs. Its simple really.
Matt Wickham
Collector of Casting Weights, KY Reels and KY Tackle
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john elder
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Re: Kentucky reel prices strong

Post by john elder »

I am doing my part by not offering any of my Kentucky reels for sale right now. That would certainly bring the mark down flat!
ORCA member since 1999
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Specializing in saltwater reels...and fly reels...and oh, yeah, kentucky style reels.....and those tiny little RP reels.....oh, heck...i collect fishing reels!...and fly rods....and lures
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kyreels
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Re: Kentucky reel prices strong

Post by kyreels »

You heard it here first, "The Elder Curve". This is the economic principle of inverse reel prices based on what John Elder is selling or buying.
Matt Wickham
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Midway Tommy D
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Re: Kentucky reel prices strong

Post by Midway Tommy D »

kyreels wrote:You heard it here first, "The Elder Curve". This is the economic principle of inverse reel prices based on what John Elder is selling or buying.
That may be so but I attribute varying reel prices to what Tommy D has or wants/needs. If I have it the price is down, if I want, need or procrastinated buying it because the price seemed too exorbitant the price has gone up. :bricks: No, my middle name isn't Murphy. :roll:
Love those Open Face Spinning Reels! (Especially ABU & ABU/Zebco)

Tom DeLong, NE
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Harry Verdurchi
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Re: Kentucky reel prices strong

Post by Harry Verdurchi »

Midway Tommy D wrote:
kyreels wrote:You heard it here first, "The Elder Curve". This is the economic principle of inverse reel prices based on what John Elder is selling or buying.
That may be so but I attribute varying reel prices to what Tommy D has or wants/needs. If I have it the price is down, if I want, need or procrastinated buying it because the price seemed too exorbitant the price has gone up. :bricks: No, my middle name isn't Murphy. :roll:
The way I made all my Big Money is to Buy High and Sell Low .
The Secret to my success is You have to do a Hell of a lot of Volume.
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Jonathan P. Kring
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Re: Kentucky reel prices strong

Post by Jonathan P. Kring »

I buy High and never sell anything, that way I won't be disappointed! (And the only Ky. Reel I'll ever own is the Montague that says Louisville)
Cast your cares upon the Lord. Psalm 55:22
Then He said to them, "follow Me and I will Make you fishers of men". Matthew 4:19
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Mike N
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Re: Kentucky reel prices strong

Post by Mike N »

A couple more quality KY reels sold this evening on eBay and are worth updating here:

BF Meek & Sons No. 3 FREESPOOL small handle.....$462.57
BF Meek & Sons No. 4 jeweled"...........................$630.00
Mike N.
ORCA Founder, 1990
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