QUOTE(Nick A @ Dec 22 2007, 09:41 PM) [snapback]455469[/snapback]
First of all someone's selling price is not a "value."
There is a difference between the value and the selling price.
If selling price were value, then I know a Wearever that is "worth" the $300 a local antique shop owner has set the selling price!
Think about car parts at the junkyard. The junkyard buys the car for $100. They sell a fender for $50, a hood for $25, a seat for $25, etc... the value of the parts separately outweighs the value of the junked item.
Same with pens. A parts pen is cheaper than the sum of buying individual parts.
On eBay you never know exactly what you'll get until it is in your hand. With John Mottishaw, nibs.com, I know *exactly* what I'm getting.
The value of pen parts is what someone is willing to pay. If someone had some Waterman 52 RHR barrels, the would be worth quite a bit to me. Same with a rose ripple 52V barrel.
With selling complete pens, a lot has to do with what's in demand. If you have a bunch of shadow wave Parkers, you won't have any trouble selling them even if they all had bad nibs missing the tipping material on one tine. If you have a bunch of small size Sheaffers, maybe even ring tops, they will be a hard sell. That model just is not that popular, and people seem to prefer bigger pens.
So, I would buy the pen first, and then buy the nib. Nibs can be exchanged, repaired, retipped
reground.
Why does John Mottishaw want $75 for that nib? Well, he has a great reputation, is well known, he inspects it, lists it on his website, probably guarantees it, and takes your credit card payment. Way more than you get with a junk pen on eBay.
Only rare pens are good investments. Common pens and those not in demand by collectors will be tough to sell at a profit. Buy pens you love and want to own you can't go wrong. If you want to make a profit, learn all you can and search out rare and desirable pens that others may not notice or know much about.
Thanks for the comments.
I BUY PENS PRIMARILY FOR MY OWN ENJOYMENT BUT ALSO DO SOME SELLING WHEN I GET TOO MANY.My approach has been to buy quality nibs and then match them with a great pen.If I see a nice Diamond Medal #8 I buy it and then look for a pen that fits.Often I can't find the right pen and I then want to sell the nib but it bugs me to sell a pen for $12.00 with a nice Sheaffer 46 special attached.I am thinking about offering some nibs to Nibs.com rather than putting them in a pens.
I agree about the parts being worth more than a pen.I sold 9 working pens all cheapies for $20.00 bucks .No way you could buy the nibs,stubs,feeds and levers for that price never mind the barrels and caps.I now use these type of pens for parts rather than sell a working Wearever with a new $2.00 sac ,for 2.00.
I am new to collecting(ONLY A YEAR) and have changed my approach many times . Perhaps I will start looking for rare pens, at least a few ,and then match the nib to the pen.
HAVE A GREAT XMAS !!
KEITH