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Author Topic: Do films depreciate in value?
Brad Kimball
Phenomenal Film Handler

Posts: 1171
From: Highland Mills, NY USA
Registered: Jun 2003


 - posted January 11, 2017 06:51 PM      Profile for Brad Kimball   Email Brad Kimball   Send New Private Message       Edit/Delete Post 
I'm trying to determine what would be the most I should pay for a 200' digest more than 35 years old. Is it truly worth the same or even double its original value even if it is in excellent condition and the original box is in pretty good shape, as well?

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Douglas Meltzer
Moderator

Posts: 4554
From: New York, NY, USA
Registered: Jun 2003


 - posted January 11, 2017 07:39 PM      Profile for Douglas Meltzer   Email Douglas Meltzer   Send New Private Message       Edit/Delete Post 
Brad,

I wouldn't purchase a film with the idea that it would be worth more later on. The value of a film is exactly how much you're willing to pay for it. I had been looking for a particular 200' silent digest for a few years but would not pay unrealistic asking prices for it. I finally found it for an acceptable $16.99. Yes, it originally sold for $5.99 back in the day (that day being one in 1972), but since that title didn't come up often it was worth it to me. The value of a title is very subjective.

Doug

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I think there's room for just one more film.....

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Joe Caruso
Film God

Posts: 4105
From: USA
Registered: Jun 2003


 - posted January 12, 2017 09:25 AM      Profile for Joe Caruso     Send New Private Message       Edit/Delete Post 
Sometimes a desired short commands a premium - Depends on content and scarcity - Doug is correct, in that the film you want is whatever you're willing to pay - Negotiate a price, that might work if can parlay with the dealer/seller/collector - That is why "live' shows are best, such as CINESEA and CINEVENT - There you can confer and discuss such topics - Shorty

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Osi Osgood
Film God

Posts: 10204
From: Mountian Home, ID.
Registered: Jul 2005


 - posted January 12, 2017 11:47 AM      Profile for Osi Osgood   Author's Homepage     Send New Private Message       Edit/Delete Post 
Very few (such as STAR WARS), but quite a few, based upon popularity and how many are on the market, can at least "hold they're own" in price.

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"All these moments will be lost in time, just like ... tears, in the rain. "

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Brad Kimball
Phenomenal Film Handler

Posts: 1171
From: Highland Mills, NY USA
Registered: Jun 2003


 - posted January 12, 2017 07:49 PM      Profile for Brad Kimball   Email Brad Kimball   Send New Private Message       Edit/Delete Post 
I've only been able to get to CineSea once due to either family events or work-schedule conflicts, but I agree, Shorty, it's better at a Con so you can discuss face to face with others the possibility of mutually agreeing on a price that is fair to both the seller and buyer. I so enjoyed meeting Shorty, Gary, John Black and the "Doug-Meister". You are all such dear ladies and gents on this forum and others like it. Hopefully, I will get to go to another sometime soon.

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Tom Photiou
Film God

Posts: 4837
From: Plymouth U.K
Registered: Dec 2003


 - posted January 13, 2017 06:47 AM      Profile for Tom Photiou     Send New Private Message       Edit/Delete Post 
Doug's right, it's worth what people will pay, however, here is my own guide,
iwouldnt pay more than,
200ft £20/25 max
400ft, no more than 50 max but average 20/25
features depend on the title, no matter how much i want a full length film there is a limit of around 250/300. I'm not an idiot, no matter how much i love film there is absolutely nothing wrong with projecting a good blu ray and at an average cost of £10 it makes paying over a grand, (as many titles command), seem utterly banana's.
Film prices may well go full circle and be worth very little, who know's, i see many well respected collectors of many years selling prints on, if you are an avid collector and love cine why would you do this unless its "i'll make my money now before they become worthless"?

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Alan Rik
Film God

Posts: 2211
From: New York City, NY, USA
Registered: Jun 2003


 - posted January 13, 2017 06:44 PM      Profile for Alan Rik   Email Alan Rik   Send New Private Message       Edit/Delete Post 
Yes everyone has their limit to what they will pay for a certain title. I was recently offered a feature for the princely sum of $800! I told the seller that I use to own the same title and sold it for $400. He wouldn't budge so I told him for $800- I will buy the DVD, watch it on my Tele, and use the extra money to put toward a new guitar! [Smile]
I have only spent a lot of money on 2 prints and that is because they made so very few of them that I know I can get what I want out of it if I need to sell. Well..hopefully!
Terminator 2 for $1900-still can't believe someone paid that much for it. Maybe it was Arnold? [Smile]

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Andrew Woodcock
Film God

Posts: 7477
From: Manchester Uk
Registered: Aug 2012


 - posted January 13, 2017 07:26 PM      Profile for Andrew Woodcock         Edit/Delete Post 
And more's the point...it was completely scratched to death Alan! [Confused] [Confused] [Confused]

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"C'mon Baggy..Get with the beat"

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Graham Ritchie
Film God

Posts: 4001
From: New Zealand
Registered: Feb 2006


 - posted January 13, 2017 08:43 PM      Profile for Graham Ritchie   Email Graham Ritchie   Send New Private Message       Edit/Delete Post 
I tend to put a limit on what I am prepared to pay. If someone is prepared to pay a lot more than me, then I would say good on them "go for it" and good on the seller for getting there price.

For me $20 dollars for a 200 footer would be my top price and for that it would have to be in good condition ie no scratches or fade, or I am just not interested. I have bought films like The Hindenburg 2/400ft for peanuts just for old time sake even though its probably faded.

In the long run I have no idea if the films I have collected are worth anything so just enjoy them for the moment. I have told my wife when I go, I am taking them, including the Ernemann with me to the big projection box in the sky, her response was.. well we will need a big hole to put you and your films in [Roll Eyes] [Wink]

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Steve Klare
Film Guy

Posts: 7016
From: Long Island, NY, USA
Registered: Jun 2003


 - posted January 13, 2017 10:05 PM      Profile for Steve Klare   Email Steve Klare   Send New Private Message       Edit/Delete Post 
Years ago my film-friend Tim and I used to grab and divide lots of railroad films on Ebay. We lost a few and he'd always say "Someone wanted it more than we did, Steve!"

-So be it!

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All I ask is a wide screen and a projector to light her by...

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Graham Ritchie
Film God

Posts: 4001
From: New Zealand
Registered: Feb 2006


 - posted January 13, 2017 11:47 PM      Profile for Graham Ritchie   Email Graham Ritchie   Send New Private Message       Edit/Delete Post 
I have come to the conclusion that we don't actually really own our films, but more of a role as caretaker.

A few years ago a good friend of mine who for many years was a enthusiastic film collector...some amazing stuff. However his health started to deteriorate to the point where sadly he had to sell everything. Most of his films were bought by another local collector, however a couple of years ago I saw an ad about films for sale. It turned out to be the person who had bought most of those films was himself selling up and moving to a retirement unit, so once again those same films were up for sale. I bought quite a few, but in time ""hopefully not for a while"" the same thing could happen to me, or even someone else on this forum...who knows [Roll Eyes]

Enjoy the hobby while it lasts folks, or should I say.. we last [Smile]

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Panayotis A. Carayannis
Jedi Master Film Handler

Posts: 969
From: Athens,Greece
Registered: Jul 2008


 - posted January 14, 2017 01:59 AM      Profile for Panayotis A. Carayannis     Send New Private Message       Edit/Delete Post 
As most everybody agrees,it depends on how much you want the film and how much you are willing to pay! I have never paid over $ 200 for a feature except for two occasions.I paid $250 for THE QUIET MAN,new print, in the good old days and 250 pounds for a 2nd hand GONE WITH THE WIND. For silent one reelers,no more than $20,or $25 for sound ones. But there was an exception.I was looking for a most rare excerpt from a feature. I had ordered it from thew original distributor,in the good old days,but he closed his company down and I never got it,or my money back! It never appeared in any 2nd hand lists. Only once did it appear on ebay a few years ago. I bid for it, but at the last moments I fell asleep !!! at 3 o'clock in the morning and I lost it.It sold for $70 and I would have paid that much.I wanted it very much! So, there are always exceptions to the rules!

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Maurice Leakey
Film God

Posts: 5895
From: Bristol. United Kingdom
Registered: Oct 2007


 - posted January 14, 2017 02:37 AM      Profile for Maurice Leakey   Email Maurice Leakey   Send New Private Message       Edit/Delete Post 
How correct Graham is that we are caretakers of films.
Over the last few years I have bought 993 films from three sources, two were collectors who were too old to continue with the hobby, and one from the son of a recently deceased collector.
Any duplicate titles with what I already had were sold on.
Films bought were Super 8 sound, 16mm sound, 9.5mm sound and silent.
Now, I am 82.
My total collection today is 2749. Where will they all eventually go?

--------------------
Maurice

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Andrew Woodcock
Film God

Posts: 7477
From: Manchester Uk
Registered: Aug 2012


 - posted January 14, 2017 07:52 AM      Profile for Andrew Woodcock         Edit/Delete Post 
Hopefully Maurice, to other enthusiastic like minded collectors who will treasure and value them in the manner you clearly have and continue to do so.

That's the hope anyhow, for all collections out there.

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"C'mon Baggy..Get with the beat"

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Tom Photiou
Film God

Posts: 4837
From: Plymouth U.K
Registered: Dec 2003


 - posted January 14, 2017 10:42 AM      Profile for Tom Photiou     Send New Private Message       Edit/Delete Post 
There are a couple of titles i am after and, as i said, i will pay a reasonable good sum for them, (guess what one of them is [Roll Eyes] ), putting into perspective, the few films we bought new, The full feature of the Longest Yard was £166,Gone ith the wind was projected once, that was £320, (bearing in mind this is now on 4 1200ft spools), The Texas Chainsaw massacre, 4 x 400ft cost me £99 brand new, so the extreme price of T2 with green scratched in comparison seems nuts.

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Graham Ritchie
Film God

Posts: 4001
From: New Zealand
Registered: Feb 2006


 - posted January 14, 2017 12:42 PM      Profile for Graham Ritchie   Email Graham Ritchie   Send New Private Message       Edit/Delete Post 
Good question Maurice and its one thats been asked by a number of folk out here as well. I wish there was an easy answer but I cant find one.

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Brad Kimball
Phenomenal Film Handler

Posts: 1171
From: Highland Mills, NY USA
Registered: Jun 2003


 - posted January 14, 2017 07:25 PM      Profile for Brad Kimball   Email Brad Kimball   Send New Private Message       Edit/Delete Post 
I like the "caretaker" point of view. My collection will someday be inherited by my wife and 2 daughters. Who knows if they will keep them or sell them off (assuming that 30-40 years from now film will still be a collectible). They're mine for now, but someday, someone else will be the "caretaker" of my collection.

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Adrian Winchester
Film God

Posts: 2941
From: Croydon, London, UK
Registered: Aug 2004


 - posted January 15, 2017 12:35 AM      Profile for Adrian Winchester     Send New Private Message       Edit/Delete Post 
Although Super 8 prices have been rising, I think many 200' releases are ones that least justify higher prices, especially if they are faded copies of films you can also find as a 400' release that offers better viewing. But (e.g.) Castle b/w horror/sci-fi titles are generally far more sought-after and some have very attractive boxes. But I'm not sure if "double its original value" could be justified without knowing the title and what the original value was.

--------------------
Adrian Winchester

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Maurice Leakey
Film God

Posts: 5895
From: Bristol. United Kingdom
Registered: Oct 2007


 - posted January 15, 2017 03:12 AM      Profile for Maurice Leakey   Email Maurice Leakey   Send New Private Message       Edit/Delete Post 
An important thought for the future.
Will there be many experts left who can service projectors?
It's no good having a pile of films if the projectors have packed up and can't be got running again.

--------------------
Maurice

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Tom Photiou
Film God

Posts: 4837
From: Plymouth U.K
Registered: Dec 2003


 - posted January 15, 2017 04:27 AM      Profile for Tom Photiou     Send New Private Message       Edit/Delete Post 
Maurice, that is a very good point, whilst general servicing can to a degree be done by many collectors, when they need to be stripped as mine was recently then it becomes a problem if you cannot find a projector engineer.
In the motor trade where i work we see many cars come into the workshop be put right where the owner "has had a go first" in order to try to save themselves money. In this hobby there is no new blood any more to learn. I Always said if i lived near one of the projector repair engineers i would to pay a fee to sit with him for a week and learn at least some of the tricks of the trade. [Wink]

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Andrew Woodcock
Film God

Posts: 7477
From: Manchester Uk
Registered: Aug 2012


 - posted January 15, 2017 05:18 AM      Profile for Andrew Woodcock         Edit/Delete Post 
I think there are still enough of us about here, and elsewhere, who are both still hopefully young enough and knowledgeable enough to see the problems through.

Machines like the ST1200 for example, are a very simplistic design by concept with excellent build quality and durable components. The only real issues is either obtaining the necessary parts or better still, a full spares machine to keep at least one good running m/c for a further few decades at the very least.

Most of the skills required to fix a projector, motor car or even FMCG machinery, can be learned just through experience of using and understanding these things, then by developing good troubleshooting skills often through some trial and error, a logical thought process outlook,some basic test equipment and some decent hand tools and skills.

Reading any service manuals for our machines always always hugely accelerates one's knowledge and understanding as does discussion and sharing knowledge among other like minded individuals.

It is also important to collect as much information as possible from your machine while it is running well so you know what values you should have when things are not quite as should be.
Voltage test points, torque values, speed calibration etc etc

For those sincerely interested in offering themselves as a resource, the minimum criteria would be to obtain some decent electrical test equipment, optical or mechanical tachometer,a small range of spring balances,soldering equipment and a wide range of decent hand tools. A workshop area is always of course, hugely advantageous.

If you see the E.V.E. set up,through their video tutorials etc, these are the benchmark standards if at all possible.

[ January 15, 2017, 10:10 AM: Message edited by: Andrew Woodcock ]

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"C'mon Baggy..Get with the beat"

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