The attack of "Olivia"

[dr_bob]

Well it appears that OV sold only one of its almost 30 Ric listings. They should either drop their prices about 15% maybe 20% in many cases OR they should have some true auctions without listing the opening bid and the "buy-it-now" price $100 apart.

[phlemmy]

Either way, if you're selling tens of thousands of dollars worth of guitars on EBAY, then you should be checking your EBAY messages.

Oh, I agree wholeheartedly...but not everyone is as smart as us!

[paologregorio]

whats with the butchered cavity on that 381?..cant believe it left the factory like that.....

The cavity is actually not butchered; that's the way the factory used to drill/cut the control and pickup cavities back in the day. I never knew about that either until a friend who used to work at RIC told me about that, and I started to see pics of vintage instruments with their pickguards removed.

[uffe]

Amazed at the number of Ricks with black hardware.

As far as the connection goes with CME, there is something eerily familar with the backdrop in the photos of Olivia's listings and the previous backdrop in the photos I recalling seeing on the CME website before they updated it.

nah, he's just good at ebay and selling guitars

http://cgi.ebay.com/ws/eBayISAPI.dll?Vi ... 0188827446

[grazioso]

i pitty the people who gamble with vintage guitars and ebay as a matter of income. it is dangerous way of living. i buy quite a lot of weird things & guitars on ebay since i am simply curiuos how some of them are and about once a year i sell those i do not use after all but i would never i repeat never depend on it as income.

olivia is polite and i sold him my 360/12tux about month ago, he is selling it for about 1/3rd more now, do i care? hell no! it is tought life he is up for. olivia is just like the other dealers trying to hit more people by going to ebay. it must be hard to deal in guitars these days. imagine that everybody can go online and check the real price of the instrument so dealers can't screw up so many people like they did in the past, and market is overfilled with new instruments. it will go bust eventualy, they will be stuck with pile of stuff and cashflow problem. see all those fire sales left and right. i can see many many very decent instruments being sold for very little just because it is not major label. even rickenbacker factory, belive it or not, will eventualy catch up with the demand and than frankly who is going to buy guitar for the different color beside some of us obsessive compulsive selfindulgent aging rickenbacker nuts?

[doctorwho]

Well it appears that OV sold only one of its almost 30 Ric listings. They should either drop their prices about 15% maybe 20% in many cases OR they should have some true auctions without listing the opening bid and the "buy-it-now" price $100 apart.

As of this moment, there are 37 completed OV auctions, of which 9 were sold items. As I stated earlier, if the prices were a bit lower, most would sell.

[jingle_jangle]

i pitty the people who gamble with vintage guitars and ebay as a matter of income. it is dangerous way of living. i buy quite a lot of weird things & guitars on ebay since i am simply curiuos how some of them are and about once a year i sell those i do not use after all but i would never i repeat never depend on it as income.

olivia is polite and i sold him my 360/12tux about month ago, he is selling it for about 1/3rd more now, do i care? hell no! it is tought life he is up for. olivia is just like the other dealers trying to hit more people by going to ebay. it must be hard to deal in guitars these days. imagine that everybody can go online and check the real price of the instrument so dealers can't screw up so many people like they did in the past, and market is overfilled with new instruments. it will go bust eventualy, they will be stuck with pile of stuff and cashflow problem. see all those fire sales left and right. i can see many many very decent instruments being sold for very little just because it is not major label. even rickenbacker factory, belive it or not, will eventualy catch up with the demand and than frankly who is going to buy guitar for the different color beside some of us obsessive compulsive selfindulgent aging rickenbacker nuts?

I would not want to try to make a living dealing vintage guitars, if I was not already well-established (as in: Dave's or Gruhn). However, that's a whole different animal from collecting them and watching them appreciate. Vintage Guitars magazine has been tracking this in a series of articles, and I recall that their conclusion is that, on the whole, an informed collector with a varied portfolio could do better than the stock market.

As I said once before, if I only had $100K to spend on vintage Ricks...not the $20K ones like '60s basses, either. Now is the time to pick up on the obvious undervaluation of what I think are gems. With real estate tanking over the next two years or more, watch for some sweethearts to come onto the market.

[grazioso]

no kidding, real estate is going to be a problem. that is for sure. santa monica properties are for the first time in 20 years available under milion dollars. i hope you're right that we will probably see some ricks for sale because of that...i am not looking for vinatage ones much. all i am up for are things like 481, 480, eighties and early nineties ricks. i think those are well over right now becasue of the demand -supply chain problem.

[aceonbass]

As we slowly drift off topic, I'll add my 2 cents. A few years ago when I saw people all around me buying $350,000.00 plus houses( who had no more income than us) with payments under $2000.00, I knew something was up. And of course there were those whose homes had doubled in value who were taking out $100,000.00 equity loans just to buy bigger SUV's and RV's and jet skis and vacations and stuff. My wife was really feeling left out as some of our friends were moving up and out and we weren't. It didn't matter that on paper it didn't make sence. Now that reality has caught up with everyone, I feel vindicated and wonder how a realative dummy like me could see this coming and no one else could. The answer is simple greed coupled with ignorance on the part of lenders, and borrowers alike. I hope the property values go through the basement and come out in China and all the people who thought this was a good idea go for a swim in red ink. When I was a kid out here in the 60's, I lived in a $45,000.00 house with a pool in Sherman Oaks on a combined household income of $20,000.00 per year. I know that no matter how hard my wife and I work, we will never be able to set foot in that neighborhood again. Okay, rant over. I return you to your regularly scheduled thread....

[chefothefuture]

If you want a good idea of what's happening and why, try reading Robert Kiyosaki's "Prophesy".
It seems that the greatest portion of the population is coming into vast sums of $$$$. They also
seem to be ones who really like and are driving the originaly neglected corners of the vintage market.
Bursts and 50s Fenders were driven wacko years ago but look at their jump as well.
No offense meant as I'm part of that portion of the population as well.

[grazioso]

he he, any halfwit like me could see that coming. when i was living in santa monica and san franciso 1998 -2003 i made rather hard decision not to buy property there no matter how much i liked it. that note about sherman oaks just brings back the taste of desperation to my mouth. by moving to buffalo ny (which is btw not the greatest place on the planet but is not half as bad as people think it is) i made sure i will never have to sell my guitar to make up for california rent (not talking about mortgage) again when the month was bad.

back to the discussion the prices go up and down and i belive we will see huge drop of prices in vintage guitar market as well. it is same "good and sound investment" like anything else. it is just like art and antiques. for ages art deco & art nouveau glass was going through the roof and suddenly with the bust of the japanese market it went to 50%. we can observe similar thing in some old gibson guitars, when japanese market got saturated they stoped that buying spree on ebay and suddenly all those lg0 and b25 are $300 instead $700. than there is a factor of new things coming in and again gibson is good example. i am really great fan of cf100 and cf100e line and before they reissued that cf100e it was crazy hard to even find one, now they are popping up everywhere, i have pair of early 50's and wouldn't buy them if the reissue was available back then. i was thinking about buying 60's 360/12ns and carl wilson limited came by and i droped the idea instantly. i think many people think the same way. i would never pay $5k for any fender when i can put one together from aftermarket parts that sounds just the same and plays better and i can toss it in the corner when i get upset. i would be heartbroken if i break old 60's rickenbacker, and i don't worry if my cats or kids knock some modern rickenbacker off the rack. it is a tool for me and if it gets broken i can get another one.

olivia is going to try to unload those rics for those elevated prices and i seriously dobt it will be any success story. i wish him best luck since we all probably been there at one time of our lifes.

[uffe]

the guy has sold $50,000 worth of guitars this month alone, all of them at 25%-200% profit. he's probably got no significant expenses other than listing & paypal fees. 3-4 years ago his auctions were mostly old weirdo guitars, mostly under a grand, and all his pictures were taken on the street. Spare the pity dude

[grazioso]

oh well i still pitty him dude, what a life is that.