Cues As Investments

Matt_24 said:
I have a friend who has a passion for antiques. He made a middle-class income, but spent every spare dime on antiques. It was his passion. He'd buy antique SLOT MACHINES and restore them. Antique puppets. Antique posters. Old Tiffany Lamps. Furniture. You name it. He'd buy just anything he liked and could afford, and he had good taste. He eventually filled his house with antiques and had everything displayed with love and care. Spent 50 years doing it. Eventually he met the love of his life and wanted to retire and move to CA with her. A expressed interest to some of his connections that he was interested in selling and a company came and offered him million(S) for the house and everything in it. That was his sticking point. Everything must go. It didn't take long. He retired, married the new love of his life, and moved away to a beautiful home in a secluded area. He said that he did better collecting then he ever would have buying stocks based on the amount of money he was able to invest. Now I see on social media that he has been building up a collection of vintage JAZZ guitars over the last few years. I guess the bug never leaves you. What is the moral of the story? If you buy what you like (and have a modicum of taste), hold on to it for a length of time, you'll probably do well if you eventually sell. I think that can apply to any collectible.
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Good post! Maybe my old vintage mower collection will yield some dollars one of these days? I doubt it, but I’ll hold on anyway.
 
Someone told me a long time ago... Niche' markets are always dangerous. At least pool is a continuing sport that relies on participation and will have its ebbs and flows. Somewhere there is a storage locker of Beanie Babies and Precious Moments that someone did not get out of in time.
 
I have a lot of $’s worth of cues. Was mostly purchased with profits from watch’s so I don’t have much of “my” money into my cues. That’s one way to look at it.

I’ve pondered selling the collection off and holding back a few. Then I get distracted and here I am.

In 20 years what’s a Szam worth? Idk

Best
Fatboy
 
Bavafongoul said:
In 20 years, well, I betcha a lot more than it is already worth today.
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Could be.

Like I said, I’ve done cues for profit and pleasure. Which has added up to fun over the years. I have a few nightmares about a few cues I wish I kept, and happy thoughts owning historically important cues in pool(a couple I know the history but have no proof-but don’t matter, I’m not selling those).

Having a collection of cues is pretty cool, took decades to build up that collection. I’m not a hoarder-but I’d rather keep my cues. I have some I could sell for 20X what I paid, some 10X and some 25% of what I paid. But for me now in life it’s not about the $(thankfully).

I’ve thought about selling off the collection in chunks or all of them(pretty big number and only a few guys would potential buyers). Or selling them one at a time-too much work.

Best
Fatboy
 
Ever play a video game with an auction house? It’s clear as day some people know exactly how to profit off what’s hot at the right time. In real life it’s clear some people know how to do the same off their acquaintances, EBay, FB Marketplace and any other place available. The big thing is that they also have the opportunity to “sell” someone on a cue to keep things moving. They exploit trust. And if you buy into the culture of “cue magic” then you become a happy placebo-effect customer while they build a positive reputation.
 
easy-e said:
Do you really think the number of pool players is declining? I can't get a table at my local pool hall if I don't get there early. Seems to me like it's bigger than ever.
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One possible reason for crowds at pool halls is that so many have closed. I live in the DC area, and there are far fewer rooms than there were 20 years ago.
 
Stickman9 said:
One possible reason for crowds at pool halls is that so many have closed. I live in the DC area, and there are far fewer rooms than there were 20 years ago.
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I can see that being the case in other places. In the Phoenix area, we have an abundance of pool rooms. Tournaments fill up early and often. We have several leagues around town with waiting lists. I’m baffled with how alive pool is here. They are very into capping tournaments by Fargo rating, which hurts the players over 625 speed, but it’s booming here.
 
I've sold several cues and have made and lost. I could do well on my Omen set, but will never sell it. Overall I'm about even on the selling front.

I did really well on my Murnack and George cases but miss them dearly.

I agree with the overall sentiment... buy them to enjoy.
 
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