Bob Frey
I guess it's imprtant to draw a distinction, and it'a a very real one as well, between cue valuess and selling prices. Cues haven't been, and aren't currently, commanding a selling price that coincides with the estimated value. It's just be a horrible secondary reslae market for cues the past couple of years and right now it's about the worst I've seen.
The Frey cue in question is indeed a beauty and the purchaser was trying to establish its value and not a selling price. Forum readers ahve suggetsed the range is $600 - $1300 and there's a big wait on cues from Frey which doesn't add to the value of the cue. Lots of cuemakers have enormous lead times right now and some have stopped actually making cues but their cues aren't increasing in value in this market.
I think this cue owner should be delighted he got a greta looking cue and if he's with the price paid, great...if it was a terrific deal...even better...but establioshing a value is so subjective. For example, fans of Schon cues will bump up thecue for sdale all the time, same goes for Joss West, capone, carmelli, etc. Anyone that owns the same brand cue wants to believe the cue in question has a high value so they in turn think their cues are worth even more than they may actually be. It kinda makes them feel better about what they own.
Since sellers can't be relied upon to establish an accurate, relaible value of their cue for sale for obvious reasons, and the same applies to prospective buyers of the cue as well, it seems like the 3rd Edition Blue Book of Cues is the best source to use for at least bench mark value establishment....I know lots of collectors and sellers criticize the book but until something better comes along, it's all there is. You can't go by the most recent sale of a cue becuase there's too many variables tghat entere into that sale so the blue Book is the most recognized publication to use for establishing cue values....at least as far as I know.
I know Bob Frey's name, but he's not listed in the 3rd Edition Blue Book as a cuemaker and his cues aren't listed either. His name isn't in the index anywhere so my question is how can anyone say with certainty how much his cues might be worth? I know for a fact when I was discussing a different cue with another seller, I did the calculation on a Joss West level 5 cue (sideways W) and mentioend that thensller was looking for almost $800 than the cue's value and what was his underlying logic. I wasn't trying to be a smart ass but facts are facts and we all know that Joss West cues, and every other brand cue as well, on "average" aren't bringing full price and are hanging around longer than the seller expected.
You would have thought I was calling the seller a crook the way he reacted. Everyone knows that the final price is determined entirely by "supply & demand" and a buyer isn't complelled to to make an offer higher than what they think the cue is worth to them. And the seller isn't obligated to accept any priuce he thinks is too low. But some folks seem to be a wee bit sensitive about quoting the Blue Book for determining a cue's value but that's only when theBlue Book says the value is less than what they want to sell the cue for. Otherwise, that seller is the first one to quote the Blue Book to support their askling price.
So with the cue in question, and I think this presents a great example to discuss since the seller asked how much is it worth, not how much can I get if I sold it which would be a understandably less than its value in this cue market. How do you establish the cue's worth.....especially since the Blue Book doesn't have any coverage of Frey or his cues, at least not unde his name.....Thanks everyone for answering because I rely upon the Blue Book for confirming a cue's likely potential value and I know everyone has their own opinion of the Blue Book.....if Frey's not even listed, what source do you the use?
Bavafongoul (aka Matt)