Secondary Market Prices

GEC specializes in highly collectable and premium quality usable pocket knives. The company's USA manufactured knives have quickly proven to be a big hit with both collectors and users who seek quality American craftsmanship.
kootenay joe
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Re: Secondary Market Prices

Post by kootenay joe »

New prices for single blade with Micarta handle start around $80-$90.
kj
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Re: Secondary Market Prices

Post by espn77 »

kootenay joe wrote: Thu Oct 29, 2020 1:11 am New prices for single blade with Micarta handle start around $80-$90.
kj
I'd want a bone or dark stag knife. Not a big fan of the micarta handles look.
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Re: Secondary Market Prices

Post by Dinadan »

For a few years I have questioned the common sense of GEC's marketing strategy. Suppose GEC distributors sell a knife for, say $100. That means that GEC gets less than that. If, in only days or weeks, that same knife sells for $150 on Ebay, then GEC has left most of the profit on that knife to flippers. There has to be a way for GEC to get most of that money. If I were in charge I might mostly abandon distributors and go straight to Ebay in order to realize the actual value of the product. That would mean having a couple of employees to handle sells, and be more complicated than using distributors. But if that doubles the profits ...
Mel
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Re: Secondary Market Prices

Post by Colonel26 »

Doc B wrote: Wed Oct 28, 2020 10:04 pm
espn77 wrote: Wed Oct 28, 2020 9:44 pm
edge213 wrote: Wed Oct 28, 2020 8:51 pm

Just curious.
Do you just not have interest in them or are they scarce in your area?
For me, my brain can't comprehend collecting something new, I have some knives that are in pretty rough shape but it's the only example I've been able to come across for a knife that was made 80-100 years ago. In my area the majority of knives sold at the feed store will be case, Moore maker's, schrade. I just like old stuff. I've probably seen them on tables at gun shows but my eyes didn't stop to look at them because they weren't old. I do have a question. Do they make a stockman type knife or only jack knives?
Here's a couple 3 blades for you...
82 Dixie Stockman
82 Dixie Stockman.jpg
29 Stockyard Whittler
gec-29-blood-red-jigged-bone__57003.1567191781.jpg
The Dixie stockman is the only GEC that I would be sorely tempted by. But that whittler is really nice too!
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Sharpnshinyknives
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Re: Secondary Market Prices

Post by Sharpnshinyknives »

Mel, I like that idea. I wonder what the knives would go for if they offered them all at auction? That would be interesting. They could also list knives for a buy it now price if they wanted to. They would make a lot more money but the dealers would be out of business. This is one business that could actually do this completely on their own without dealer support. It is the business model that I am trying work w/ my own line of knives.
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Re: Secondary Market Prices

Post by Doc B »

I think GEC has gotten such a following...they could just go direct to market and not pay Ebay. If they are out of stock...then, make some more.
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Doc B
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Re: Secondary Market Prices

Post by Doc B »

espn77 wrote: Thu Oct 29, 2020 1:00 am
Doc B wrote: Wed Oct 28, 2020 10:46 pm The 82 isn't one of the particularly "hot" knives. A stag one recently sold for about$210, bone $145 and micarta a little over 100.
Same for the 29 not being particularly sought after. One recently sold for about $130
Hum, I thought they were more expensive than that.
Go to Ebay...search Great Eastern Cutlery Knife...then advanced search "Sold". You won't have to look far, for the popular ones, that go for ridiculous prices.
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Re: Secondary Market Prices

Post by RAMROD »

Sharpnshinyknives wrote: Thu Oct 29, 2020 1:55 am Mel, I like that idea. I wonder what the knives would go for if they offered them all at auction? That would be interesting. They could also list knives for a buy it now price if they wanted to. They would make a lot more money but the dealers would be out of business. This is one business that could actually do this completely on their own without dealer support. It is the business model that I am trying work w/ my own line of knives.
Actually the dealers would not go out of business because of losing GEC's allotment. They only get a small amount from them on every drop and they don't make that much on each knife as it is. Most sell a wide variety of brands and styles. It might slow down the amount of traffic they see on their websites though.
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Re: Secondary Market Prices

Post by kootenay joe »

I think Bill Howard did not start GEC with the idea of making as much money as possible. I have read numerous posts by those who know Bill that his passion is to make a really good knife that is affordable so that as many people as possible can own and use a top notch USA made knife. So it is 'disappointing' to see secondary market sellers making far more profit than the people and company that make the knives.
If GEC doubled their prices then there would be less in it for flippers but this would go against the stated aim of making affordable knives. At double the price only the wealthier customers could buy them.
Would it be possible to limit buyers to only one knife of each run ? i.e. if pattern #74, then one of each handle material. These could still be flipped but it would decrease the supply of knives being flipped. However i cannot see how buyers could be ID'd so that they could be blocked from buying multiples.
kj
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Re: Secondary Market Prices

Post by philco »

Sometimes you just have to let the free enterprise system find its own balance. I think this is one of those situations. 8)
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Re: Secondary Market Prices

Post by GSPTOPDOG »

I love GEC knives, and I have a connection to them because my family is from Titusville. I have been to the GEC factory, bought some knives from their shop there and enjoyed the experience. I have a respectable collection and I was picking up one here and there on a semi-regular basis about 6-8 years ago.

However, I have only bought one GEC in the past three years as prices seem to be ever moving up-wards. Now, I like the idea of getting a used GEC knife that is already "broken in" at a lower price. It makes it easier to make that knife a "user" as I am pretty hard on my daily use knives. That being said, it seems very hard these days to find a "deal" on a used GEC. :roll: So for now I will stick with the GEC knives I have and I have some great ones, but most likely not adding to the collection anytime soon. ::disgust::
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Re: Secondary Market Prices

Post by cudgee »

GSPTOPDOG wrote: Tue Nov 03, 2020 4:42 am I love GEC knives, and I have a connection to them because my family is from Titusville. I have been to the GEC factory, bought some knives from their shop there and enjoyed the experience. I have a respectable collection and I was picking up one here and there on a semi-regular basis about 6-8 years ago.

However, I have only bought one GEC in the past three years as prices seem to be ever moving up-wards. Now, I like the idea of getting a used GEC knife that is already "broken in" at a lower price. It makes it easier to make that knife a "user" as I am pretty hard on my daily use knives. That being said, it seems very hard these days to find a "deal" on a used GEC. :roll: So for now I will stick with the GEC knives I have and I have some great ones, but most likely not adding to the collection anytime soon. ::disgust::
Can you still go to the GEC factory, or is it no longer open to the public, just curious. ::hmm::
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Re: Secondary Market Prices

Post by GSPTOPDOG »

cudgee wrote: Tue Nov 03, 2020 5:14 am
GSPTOPDOG wrote: Tue Nov 03, 2020 4:42 am I love GEC knives, and I have a connection to them because my family is from Titusville. I have been to the GEC factory, bought some knives from their shop there and enjoyed the experience. I have a respectable collection and I was picking up one here and there on a semi-regular basis about 6-8 years ago.

However, I have only bought one GEC in the past three years as prices seem to be ever moving up-wards. Now, I like the idea of getting a used GEC knife that is already "broken in" at a lower price. It makes it easier to make that knife a "user" as I am pretty hard on my daily use knives. That being said, it seems very hard these days to find a "deal" on a used GEC. :roll: So for now I will stick with the GEC knives I have and I have some great ones, but most likely not adding to the collection anytime soon. ::disgust::
Can you still go to the GEC factory, or is it no longer open to the public, just curious. ::hmm::
It looks as if they are still open. I just checked their web-site (I don't see any notice about Covid-19 related closure) It says:

We hope you find the time to stop in and visit us. We offer free tours of our unique facility that allows you to experience the crafting of Traditional American Cutlery like no where else.
Tours are available Mon – Fri 7am to 2:30pm our factory store is open 7 am to 4:30pm.
Please visit my AAPK store: https://www.allaboutpocketknives.com/ca ... er_id=2383

They say, “Hard work never hurt anyone”, but I'm still not willing to risk it.
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Re: Secondary Market Prices

Post by cudgee »

GSPTOPDOG wrote: Tue Nov 03, 2020 5:25 am
cudgee wrote: Tue Nov 03, 2020 5:14 am
GSPTOPDOG wrote: Tue Nov 03, 2020 4:42 am I love GEC knives, and I have a connection to them because my family is from Titusville. I have been to the GEC factory, bought some knives from their shop there and enjoyed the experience. I have a respectable collection and I was picking up one here and there on a semi-regular basis about 6-8 years ago.

However, I have only bought one GEC in the past three years as prices seem to be ever moving up-wards. Now, I like the idea of getting a used GEC knife that is already "broken in" at a lower price. It makes it easier to make that knife a "user" as I am pretty hard on my daily use knives. That being said, it seems very hard these days to find a "deal" on a used GEC. :roll: So for now I will stick with the GEC knives I have and I have some great ones, but most likely not adding to the collection anytime soon. ::disgust::
Can you still go to the GEC factory, or is it no longer open to the public, just curious. ::hmm::
It looks as if they are still open. I just checked their web-site (I don't see any notice about Covid-19 related closure) It says:

We hope you find the time to stop in and visit us. We offer free tours of our unique facility that allows you to experience the crafting of Traditional American Cutlery like no where else.
Tours are available Mon – Fri 7am to 2:30pm our factory store is open 7 am to 4:30pm.
Thank you. ::tu:: ::tu:: ::tu:: :)
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Re: Secondary Market Prices

Post by GSPTOPDOG »

You are welcome ::tu:: If you ever get a chance to go visit Titusville, I would recommend it if you are nearby. I was lucky, I went there when the Queen factory was still open and I bought a couple of knives from their shop as well. ::groove::
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Re: Secondary Market Prices

Post by Onearmbladejunkie »

EzmsEK2.jpg
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Re: Secondary Market Prices

Post by Doc B »

Getting to be more of a spectator sport.
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Re: Secondary Market Prices

Post by cudgee »

A spectator sport, it is for most people who like knives. Just saw a recently released one, i think it was around the $90 mark, but will stand corrected, going for, or asking price, $309.
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Re: Secondary Market Prices

Post by Rotten »

cudgee wrote: Thu Jan 07, 2021 9:50 pm A spectator sport, it is for most people who like knives. Just saw a recently released one, i think it was around the $90 mark, but will stand corrected, going for, or asking price, $309.
Saw a bunch of stag vipers in the completed auctions and most were around the $275 mark with one at $300. Glad I got on the list when I did.
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Re: Secondary Market Prices

Post by cudgee »

Saw a GEC that retailed for $140 in a recent release go for $450, and a SFO Charlie Campagna that i paid $120 for bring $425. $425 ::uc:: ::uc:: ::uc::
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Re: Secondary Market Prices

Post by knife_fan »

Don't bother checking the AAPK store for GEC knives. Everyone who is listing on there is looking to retire. :roll:

It's sad this madness has drove people to have to spend their money on other knife brands. Hope GEC can find a way to increase production soon, to cut down on the ridiculous flipping.
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Re: Secondary Market Prices

Post by cudgee »

knife_fan wrote: Fri Jan 29, 2021 4:42 am Don't bother checking the AAPK store for GEC knives. Everyone who is listing on there is looking to retire. :roll:

It's sad this madness has drove people to have to spend their money on other knife brands. Hope GEC can find a way to increase production soon, to cut down on the ridiculous flipping.
Look at in a positive way mate, it can make us be creative and hunt around for other makes, there are some gems out there. You only have to look at the Mail call. What is your newest addition thread. Saw a Case Barlow recently posted that was in my opinion as good as a GEC, but a lot cheaper. So just hunt around and be patient. But don't count on prices for GEC's dropping in the foreseeable future. Will be interesting to see the release of the new Schatt&Morgan knives.
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Re: Secondary Market Prices

Post by edge213 »

knife_fan wrote: Fri Jan 29, 2021 4:42 am Don't bother checking the AAPK store for GEC knives. Everyone who is listing on there is looking to retire. :roll:

It's sad this madness has drove people to have to spend their money on other knife brands. Hope GEC can find a way to increase production soon, to cut down on the ridiculous flipping.

It's not just GEC. Look at the prices of some of the other brands.
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Re: Secondary Market Prices

Post by kootenay joe »

I do 'watch' GEC knives listed on ebay. In the last 2-3 weeks quite a few have sold for less than what i had expected they would based on previous sales. Is the GEC bubble of very high secondary market prices beginning to deflate ?
The most highly desired patterns and those with the most desirable handles are not much affected. It is the more 'average' GEC that were selling at 2-3 times the original price that now seem to be selling a little lower.
We will have to wait to see if this downward trend continues.
The difficulty of getting a new GEC from a dealer and the very high secondary market prices has resulted in me loosing interest in acquiring more GEC knives. I really like the ones i have but i no longer feel driven to acquire more. It's like my addiction to GEC has gone and i am grateful for this. GEC no longer drives my bus.
kj
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Re: Secondary Market Prices

Post by cudgee »

From reading a lot of posts on different threads, that seems to be the sentiment of many people.
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