Complete set of WWI kits up for grabs

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MIG17
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Complete set of WWI kits up for grabs

Post by MIG17 »

BillParker
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Re: Complete set of WWI kits up for grabs

Post by BillParker »

No buddy even bid on it! 400 bucks equals 33 bucks per kit, reasonable I think, but he started it it to high...
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Bill Gaylord
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Re: Complete set of WWI kits up for grabs

Post by Bill Gaylord »

There were some nice ones in there. Some seller like Penn Valley probably has them now, and we'll see them come up at a lot more than $33 per kit.
Wildpig
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Re: Complete set of WWI kits up for grabs

Post by Wildpig »

If I had $400 dollars laying around I would have bought them and stored them as investments. It would be neat to put them up for bid 20 years from now.
SteveM
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Re: Complete set of WWI kits up for grabs

Post by SteveM »

Wildpig wrote:If I had $400 dollars laying around I would have bought them and stored them as investments. It would be neat to put them up for bid 20 years from now.
Until you realize that $400 over 20 years at a lousy 5% interest rate becomes over $1000. If 20 years ago you had invested $400 in an S&P 500 index fund you'd have about $3k now. How about you give me $400 and in 20 years I buy you a set of these kits?
Wildpig
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Re: Complete set of WWI kits up for grabs

Post by Wildpig »

Interesting figures, Steve. I guess that's why they didn't get any bids.
I posted an incomplete thought because I didn't think I'd get a response like yours.
I realize an auction for those items (in year 2032) may have a higher numerical bid, but considering inflation, I would likely just break even (or worse) on their dollar value. (For all we know, the American dollar may go the way of Confederate money and we'll be using the yuan). I said "neat" because I would be curious to see the bid amount on a time capsule of then 50+ year old kits. I said "laying around" as in "with nothing better to do with" but, I do have better things to do with my money. Hence, I didn't bid. :mrgreen:
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