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Topic: Sanity clause.
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Tom Photiou
Film God
Posts: 4837
From: Plymouth U.K
Registered: Dec 2003
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posted March 09, 2017 12:43 PM
This is a good subject, i can see both sides of the debate here, I fully agree with David about the cost of stuff, I also agree with many that a film is worth what someone is prepared to pay for it. I was just looking on flea bay at a couple of Derann titles beeing sold by P**** takers. Lets have a look and add it up shall we, Full feature the time machine Derann copy £824 +43 postage Mary poppins £477 Singing in the rain £412 Hunchback of Notre Dame £477 All reasonably good titles, but if you bought them all, thats just 4, yes 4 movies, and it will cost you £2190. No one will convince me this is a ridiculous amount of money to pay for a few titles & i bet most or all of them have some kind of light lines from time to time. Sorry folks but tjis is where David is coming from, (i think
) & i have to agree with him. You all know what titles i and many others would like but if it means paying in excess of £400-£500 for it i will use the digital format. Whilst to a degree it is supply & Demand this sort of P*** taking pricing is what i use to groan about a lot in the early ebay days after Derann demise, i also said it will price people out of the hobby and will almost certainly put any new comers off. If i was thinking of going into this hobby for the first time i would be laughing at these prices.
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Winbert Hutahaean
Film God
Posts: 5468
From: Nouméa, New Caledonia
Registered: Jun 2003
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posted March 09, 2017 04:16 PM
If I am not losing the point of this discussion, there are three issues are being discussed (cmiiw):
1. Today's price of films 2. Collector's willingness to spend money for the films 3. Type of films being purchased.
Allow me to express my view:
1. The material cost, inflation rate, and rarity aspect are the main things to hike the price.The demise of Derann is contributing to the traditonal theory above. Collectors are now worried that today is the last chance.
Moral of story: What you pay in 1980 will not be the same in 2017.
2. Collecting is a type of hobby. Hobby is supposed to make people happy. The happiness can come from any sources. With $0 we can still be happy e.g seing kids are obeying our rules. But $1000 cannot always make us happy when we are having high expection in this live. Spending $500 for a film may be high for someone, but on the other hand there are plenty people seing that is just peanut.
- My lawyer charges me $150/hour and he has 8 hours everyday. So you can guess how much he earns a month - A deposit interest in my country is 8%/annum, this means if somebody is inherited from his/her anchestor a sum of $1 million and put it into the bank, he/she will earn $80,000/year or $219/day without need to work.
It is now not wondering someone is paying $2000 for a bottle of wine or spending $5000 for a 8 days cruise.
Moral of the story: There are plenty rich people out there but the most important are they happy or not?
3. Ones can enjoy coffee with sugar but there are bunch of people drink just plain coffee. Hey... that is coffee, there are people don't like coffee but prefer tea, ..... I like milk by the way. Ah...not a big deal, as long as coffee, tea and milk make us happy.
Moral of story: everyone has his/her own taste. We cannot put our feet on somebody's else shoes. Don't blame!
cheers,
-------------------- Winbert
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Winbert Hutahaean
Film God
Posts: 5468
From: Nouméa, New Caledonia
Registered: Jun 2003
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posted March 13, 2017 07:57 PM
What may happen now, that those films are collected by rich men who don't really bother with super 8mm. They bought just for the sake to own it. There will be a limit, when finally the trend will slow down and the price will drop. This is something we see often in the stock market. If I were a stockbrokers, and you were the investor, I would susggest to sell your stocks now.
I knew some members here are actually investing their money on films. I knew somone who owns 3 copies of the same title. This is the math:
If that print was purchased in 2001 where the price was about £345 for a Speed (colur and sound), this means after 16 years (2017) the actual cost after inflation is: £533.81, according to this Inflation calculator rate. So something is sold below that amount does not make any sense.
Now investing must also calculate the interest and profit for taking the property stored/deposited. The interest rate will be around 8%/annum. It is about £30/year, so after 16 years it will be £1181.95 (flat interest rate).
This is only for brand new prints that never been run on projectors. So if you have this kind of print, you must sell above £1181.95 for a Speed print. If you sell below that price this means you are investing for nothing.
It is different case for a second hand print. So if it sold for about £533.81 you are even. You enjoy your movie for several screening and got your money back in full amount. Now, if you sell more than that...You are lucky!
Think about that!
For referrence:
Derann List for Brand new prints 2001
Price Conversion code in 2001
-------------------- Winbert
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Martin Davey
Film Handler
Posts: 94
From: Southampton UK
Registered: Dec 2011
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posted March 14, 2017 03:27 AM
I feel fortunate. I started collecting films in 1980 but I have never had the slightest interest whatsoever in buying features, instead just collecting shorts, trailers, L&H etc. I get my 'film projection' fix just by running those from the top of the pile down to the bottom, and when I reach the bottom I start again at the top. I have always viewed feature film buying risky, even when prices were normal. If I brought a new trailer and finding on projection it had a blue cast, negative sparkle and muddy sound, then I can write it off, but I was not ever prepared to buy a feature for a few £100 and have the same disappointment. All my feature film watching now is via blu ray, projecting on a 7ft screen with 5.1 sound. It may be Star Wars, Gone with the Wind or Taxi Driver, but its cheap and is of a predictable technical quality, my cheapest purchase being 'The Artist' at £1.50.
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