I think the whole idea of rewrapped kits being less valuable simply because they were rewrapped, is kind of what I like to call circle-jerk logic. Sure, an 'original' kit is always going to have precedence in terms of price over a rewrapped kit. But twice the value? I don't think it's right or fair to price them out that way. I have three re-wrapped kits. The real value is in the drums themselves, not just the coverings. As an example; my late 50's Gretsch round badge kit has Brooklyn factory 3-ply shells with like-new bearing edges. The drums sound killer. There aren't many of these kits out there. My point is; the rewrap job on the drums is perfect, it's in desirable classic, color. (Burgundy) The drums are rare regardless of wrap, so why only 'half' the price of an original?
Maybe I'm just splitting hairs, but if we're talking about rare, vintage kits that have been carefully restored, I say at least two-thirds the price of a nice original if not better. I just don't get the unfair pricing for 'rare and well-restored' kits. For my money, a rare, well-restored kit has 'almost' as much monetary value as an original in not so great condition. Certainly not half, or less, which seems to be the market norm for rewrapped drum kits. Again, as far as I'm concerned, the real value is all in the guts, (shells, edges, hardware,) that's what really counts... not just/only, the suit it's wearing that determines its value.
The market is what it is, I guess and the market dictates price. Something is only worth what somebody else is willing to pay for it. It's just the way of the world. I just think that in some cases, it's unbalanced and unfair. No real $ reward in saving old kits. Great to own and play, but for resale... it's a money-pit. You -never- get back what you put in. You really have to do it out of pure love and the pride you feel in a job well done, a real love for the instrument. Otherwise, you're better off playing the ponies with your money.
My two cents... just felt like a rant.
John
