Hello guys, I've only collected daggers seriously for about 3 years, but in that time I've built up a lot of friendships with fellow collectors and dealers. 2 have recently sold their entire (advanced) collections due to their belief that the market has peaked and will soon crash. They cite the inflated price's of common daggers such as S.A's and armys as examples why it can't go on. Just 3-4 years ago when I started a nice conditioned s.a. was about £400. Now it's £6-800. A good navy was £400, now £600+. An SS was £1200-£1500, now it's around £2000+.In the 2003 Wittman offering you could buy ss-gruppenfuhrer prof.Dr. Karl Gebhardt's early degen, 1936 chained ss and his ek 1st class, all monogrammed for $11,995! Now some dealers ask around that or more just for a 36 ss. Some dealers/collectors have said that, when Wittmanns ss book was published, ss dagger prices almost doubled overnight and while it's an essential reference and made pieces "textbook" it unfortunately had that price inflating effect. Same as the Mc Sarr list has greatly increased "rare" maker S.A's, even though at every fair and on the websites there are hundreds for sale. One guy of 40+ years experience said to me " some of the biggest dealers took a fun, working mans hobby and turned it into an international buisness". And because so much money is now involved, the fakes are getting better and better. Also, when I go to the fairs I hardly ever see any young collectors around. The only one I know is a guy who's 21, otherwise I see a few like me in they're early thirties then it seems to jump to much older guys. So, what do you guys think? will prices come down? And are there any youngsters getting involved? Will prices HAVE to come down to get the next generation hooked? (like us)
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