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Topic: Sanity clause.
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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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Winbert Hutahaean
Film God
Posts: 5468
From: Nouméa, New Caledonia
Registered: Jun 2003
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posted March 15, 2017 09:49 PM
quote: on prints in order to be ENTERTAINED in our own homes. While others starve to death along with their children due to famines or wars caused by the greed of the Western World.
David, if this is your reason to start this topic, then you are in a wrong place.
Hobby is to satisfy ourselves, not even my wife and kids. It is a selfish thing, if I want to say. If my wife or kids like my hobby, that is a side advantage, but not my intention. My wife does not even like my hobby nor agree with my purchase for super 8mm prints, so why I have to care with outside my house.
It does not mean I did not care with the outside but there is a proper place to express that feeling, not here. [ March 16, 2017, 01:02 AM: Message edited by: Winbert Hutahaean ]
-------------------- Winbert
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