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Glenn Watson Special user 781 Posts |
Recently I posted a set of standard copper mirror finish by Sherwood. They sell for $320 With shipping. I posted them as new unused, Which they are. I charged $225. There were no takers at a $95 discount for an unused set. There were no offers,
What do people want, free. I realize they are Technically not new but wow. Future cup sales will be on on the auction site. Including a rare set of unused Riser mini cups. Why would I post them on the Café? |
TheAmbitiousCard Eternal Order Northern California 13425 Posts |
If I didn't already own a set of sherwoods just like yours I would have purchased them.
They are fantastic with no flaws IMO. The riser minis are also great. I just don't do a mini routine. I used to collect sets of cups to some degree but decided many years ago to not collect anything and .... keep only what I use. Hence I own just 1 set. Good Luck to you.
www.theambitiouscard.com Hand Crafted Magic
Trophy Husband, Father of the Year Candidate, Chippendale's Dancer applicant, Unofficial World Record Holder. |
stevenamills Veteran user 397 Posts |
Quote:
On Jul 1, 2018, Glenn Watson wrote: Glenn, I have been arguing that the market for low end collectibles has been in the toilet for a number of years now. Copperfield and guys of his wealth will still bid up Hofzinser's personal cups, but there's no younger collectors coming along for classic collectibles. I see it in coins and magic. I think anyone is lucky to get 50% of the original purchase price on most items. There are exceptions, of course, e.g. Lassen's stuff, but right now our books and apparatus is just really old stuff of interest to fewer and fewer people. The problem is compounded by the age of the recent batch of collectors downsizing and house cleaning for the inevitable. Not sure why I just wrote this. Steve |
Bill Palmer Eternal Order Only Jonathan Townsend has more than 24312 Posts |
Glenn, I hate to say this, but there are several parts of the magic market that have gone "soft." Cups and balls is one of them. One of the reasons is that some of the old "power buyers" are not buying anything at all. I'm not actively collecting any more. I still have most of my cups, but I'll probably dispose of a lot of the collection in the next few months. Cups are like anything else, they have their ups and downs. Just think -- if you were talking about taking a 25% hit on a used car, you wouldn't be complaining at all.
Several years back, I gave a talk at the Magic Collectors Association convention near Chicago about collecting cups. David Ben had asked me to answer some specific questions. They were: 1 -- What makes a set of cups desirable? Answer -- You want it. 2 -- What makes a set of cups collectible? Answer -- Another guy wants it, too. 3 -- What set of cups is the best investment? Answer -- The set in the solid gold box. Toss the cups and keep the box. The fact is that most cups do not have intrinsic value. You can't eat them, drive them or live in them. Some of the precious metal cups may be an exception to the rule. If you want to understand this, read Extraordinary Popular Delusions and the Madness of Crowds by Charles McKay. Seriously, if you love a set of cups buy it because you love it. But don't expect to make a profit on it when you sell it, or even break even on it. After all, I can purchase a set of these from Brett Sherwood new for whatever his price is. So can anyone else. The situation is even worse with big props. I have a friend who bought several major illusion shows about a decade and a half ago. They have been in storage for all this time. Now he needs to sell the props. He is lucky if he can get a dime on the dollar for them. He doesn't realize that the guys that used to bid against him at auctions are mostly dead now. Good luck selling your cups.
"The Swatter"
Founder of CODBAMMC My Chickasaw name is "Throws Money at Cups." www.cupsandballsmuseum.com |
Al Kazam the Magic Man Inner circle Living in Perth Western Australia 1042 Posts |
Great insight Bill.
Magic guy in Perth Australia
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Mobius303 Inner circle Lakewood, Ohio 1309 Posts |
Glenn are they still for sale? did you put them on Ebay or some other site?
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rabbitok New user Sydney, Australia 52 Posts |
Bill, that is an excellent observation, I have recently attended two broken wand auctions and at both I was stunned at :
a) How few people attended b) the appalling prices that quality good were being let go for The Sherwoods , of course, "Should" keep their Value, however, at least currently, it truly is a buyers market... |
Tom G Inner circle 2895 Posts |
The market must be weak, as I tried to sell a set of Sisti original cups, pretty cheap and no nibbles. Cups aren't an instant download.
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stevenamills Veteran user 397 Posts |
This sounds like the housing market crash. First we heard "I'm not going to give it away." We'll, you're not going to sell it. Finally reality hits and you take the inevitable beating.
There was a time I talked to my wife about how to dispose of my stuff to maximize value, but now we're discussing how to best dispose of it. Throwing it all away is not off the table. |
Rainboguy Inner circle 1915 Posts |
For what it's worth, Magician's props, overall, with a few exceptions, are rarely, if ever, a good investment.
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Magic.J.Manuel Special user I have danced upon 663 Posts |
I've had better luck selling cups after the holidays to people who got some money for Christmas or did not get what they wanted and they decide to buy something for themselves, also they may have some extra cash from doing holiday shows. Like any sales of non-essential products it may take some time until the person who wants it sees it.
BTW in his last lecture Gazzo was using these same cups for his smaller sidewalk show!
Nothing would get done at all, if man waited so long that no one could find fault with it.
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Rainboguy Inner circle 1915 Posts |
Tom G:
I have a set of Sisti originals in Church Bronze, and they are lovely cups. Just out of curiosity, what were you asking for yours? |
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