One thing that's for sure, they are not making anymore of the many collectable sets out there!
How much does a vintage set appreciate? Last viewed: 6 hours ago
It's impossible to say. Before the big boom of interest in "vintage" drums, thanks to the internet, they were just considered old drum kits, and were kicked around for $300 a set. Now, thanks to the "trend" of vintage drum collecting, prices were up for a while, and now we're seeing that sudden inflation start to deflate. As the generation of people who grew up with these kits start dying off, is there going to be any kind of lasting appeal to these old drums? With nostalgia gone, will they be held up as "drums from the golden era of music" by younger musicians? Will there be some sort of resurgence of interest when the drums from the 1960s/70s hit the century-old mark? Who knows? It sure doesn't seem as though they would appreciate as much as any other kind of investment. It's all a gamble. One thing is for certain, though: they appreciate in value rather quickly if you buy them for cheap and sell them for closer to their normal selling prices, but that goes for anything you buy used that's in good shape.
If you like your kit, keep it. If you're looking to sell your kit, sell it when an offer strikes your fancy. I don't think waiting 10 years for it to be worth another $150 is a good use of the storage space, and you never know if in those 10 years there will be a trend of dogging on vintage gear and they will suddenly be worth next to nothing.
1965 Ludwig Hollywood
1970 Ludwig Jazzette
I think the next big vintage craze will be for the 80's top of the line drum kits especially from Japan. I firmly believe that the vintage drum market corresponds with the mid to late 40 somethings and older market. As that market takes in new recruits, the nostalgia for the kits that were sold in the 80's will grow as well. Hell, I remember buying a Tama Swingstar in the mid 80's for $500 or so dollars and thinking it was an awesome drum set. I sold my late 60's Slingerlands which I though were just junk to finance the ****ty ass SwingStars. I have no interest in ever repurchasing those drums, but, I would have interest in a Tama Superstar if the price was right. Same goes for Pearl and Yamaha. Hell, I have an original Tama Imperialstar from around 1982 that sound incredible. I would play them out more except I cannot stand the finish (Gold Placer).
Investment in vintage drums for appreciation is relatively new in the collecting field.Like anything else,quality vintage drums will always command a premium esp.the unmolested ones.Either way... it`s one big crap shoot as to what the market will do so enjoy your beautiful vintage gear now and let the chips fall where they may in the future.
Wayne
20,16,13,13.
1967/68 Rogers Dayton Champagne Sparkle
20,16,13,13.
1966 Rogers cob 7 Line Dynasonic Snare.
1967 Rogers "Humberto Morales" Timbales.
1980 Ludwig B/O badge 14x 6.5 Black Beauty Snare.
1980 Ludwig B/O badge Red Cortex
22,22,18,16,15,14,13.
1988 Sonor "Horst Link" HLD 590 14x8 Bronze Snare
Amen. I can't speak with authority (ie recorded data) for 20 years. I've only been keeping records since 2005. But if you want to know what was happening in the market you must keep written records. Confirmation bias means that just remembering isn't good enough evidence. People who believe the market is going up tend to remember the highest sales, and people who believe the market is going down or staying flat tend to remember the lowest sales. Prices are quite variable and you have to keep track of enough sales to understand how much variability there is. Seemingly identical items can sell for a $100 difference in price a few days apart. And after all of that record keeping, I only know what was happening, not what will happen. And who knows when the next version of the GFC might land on us, and depress prices for all but the cream of the crop when it comes to collectible gear? But if anybody wants to know what historical data there is, I'm happy to pass it to anybody who wants it as a spreadsheet. Nobody ever has to take my word for it on prices. You can just get my data and analyze it for yourself. Most of my recording is in the area of cymbals, but I periodically collect Supraphonic and Acro prices as a sort of "calibration" for the broader vintage market. Plus I collect what I'm interested in or have: Ludwig Jazzette kits and Jazz Festival snares and Jazz Combo snares. And I usually only start collecting this data after I've bought something and want to know if I got a good price. Talk about not following your own rules... DOH
Thats very studious. But for the benefit of the thread could you quantify your average findings. Have they gone up, or stayed the same?
60's Ludwig Downbeat Silver Spark
70's Ludwig Super Classic White Marine
60's Gretsch RB Champaigne Spark
70's Rogers Big R Black
90's Sonor Hilite (Red maple)
00's DW Collectors Broken Glass
00's DW Jazz Series Tangerine Glass
10's DW Collectors (Acrylic) Matt Black Wrap
10's PDP Concept Wood Hoop kit (Maple)
Proud ambassador of the British Drum Company
I think the trend will be gradually upward over time, with dips along the way. Prices peaked at the same time housing peaked, 2007-8. When the economy tanked, all collectibles got soft. They have recovered somewhat and I see lots of Rogers stuff going for as much as ever, but they have to be very nice.
The wildcard in all this is what will happen as the baby-boomers age out. They will be selling, and their buying will decrease also. What remains to be seen is whether the next generation will develop the same enthusiasm for 60's drums. If so, the market for those years will remain strong. Otherwise, it will decline and level off a little lower than it is now. Imho.
Looking at classic car auctions may provide a clue: they rose and dropped at the same time and have now recovered, hitting new highs the last few years. The buying is being propelled in part by younger people coming in to the game. They are aware of the history and significance of generations of cars that were made decades before they came of age. And they want them.
Will that happen with drums? Time will tell.
As far as drums being an investment, I never have seen them as a long term place to store capital. The gains are small, on a relative basis, and the market is easily moved.
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