[Phono-L] Phonographs and the economy

[Ron L]

I'm not so sure how much it has slumped either.  At a local auction last
week, a black case Gem, the lid to which was falling apart, went for $400.
Another bidder ponied up over $600 for an incomplete home with a (nice) O
reproducer.

Ron L

-----Original Message-----
From: phono-l-bounces at oldcrank.org [mailto:phono-l-bounces at oldcrank.org] On
Behalf Of Phonophan at aol.com
Sent: Friday, February 20, 2009 12:53 PM
To: phono-l at oldcrank.org
Subject: Re: [Phono-L] Phonographs and the economy

>From my experience --- the interest in the hobby is not declining -- in
fact 
new people are coming along every day -- it's just that the market has
slumped 
badly. When the market slumps everything becomes "relative." It's not the 
end, it's just an adjusted present. It's done this before. There were the
late 
80s, the mid 90s, briefly in 2001. Within the sphere of the "usual
suspects," 
that is the Wayne Show, Danbury, Union, eBay, prices are likely to be
depressed 
for several years. Will it all wither and die ? -- no. It never does. People

have been predicting the death of the hobby for years, as crackpots have
been 
predicting the end of the world. Neither is likely to occur any time soon.
 
Tim Fabrizio
phonophan
PO Box 747 
Henrietta, NY 14467

TEL 585 582 1586
FAX 585 582 2624
Web site: www.phonophan.com
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