I was assuming that his kits would sell for an average of about $800 each, which may not be true. If they’re close to $400, then yeah, The whole collection wouldn’t even be work $20K.Yikes. Yet another optimist on the internet. That collection is only worth a fraction of $37,000, and that's his starting bid? lol.
Unless there's some vintage Ludwig or Gretsch kits autographed by Buddy or Ringo hidden under there, It's highly unlikely anyone would ever buy the entire lot. I'd be surprised if anyone buys a lot like this for more than, I dunno, wild guess, $8000?
Think about the hassle/expense of shipping them, putting ads up, etc.. The hardware is probably worth about 5K, but again, there’s the cost and hassle. You could maybe break even if you paid 38K and were patient enough to wait for the right buyers for the nicer stuff, but....no WAY am I interested in that much work, just to break even. He should have taken Guitar Center’s offer of 32K or whatever. Nobody is going to jump on this lot as a whole for more than 12K. I personally wouldn’t touch it for more than 8K myself, because of how busy I am and how annoyed the hassle would make me of selling it piece by piece.The cymbals are probably worth at least $20k
He said Guitar Center offered him "under 33k" which to me means they offered him $500 in store credit.He should have taken Guitar Center’s offer of 32K or whatever.
If you worked very hard and were very patient, you could maybe get the 38K out of it all, depending on condition. But it would take minimum 2 years to do it. And then what did you gain, after all that?He said Guitar Center offered him "under 33k" which to me means they offered him $500 in store credit.
There's no way they offered him even a remotely good deal. But I originally assumed the only cymbals were the ones in the picture...but he says there's 250 cymbals, so if most of them aren't B8s, that could raise the value significantly.