Thank you for your service, Sgt. Olivetti. |
I can only guess how people determine the value of the typewriters they're trying to sell. A few weeks ago I saw an old Olivetti on eBay that apparently served in Vietnam. It was started at a $99 opening bid so I put it on my watch list. I wasn't prepared to spend $99, even for a Valentine (which seemed to have been recklessly spray-painted an olive-drab green), and I watched as the clock expired and it was re-listed. This time it was reduced to a $75 opening bid, but yet again the auction ended and there were no takers. I almost jumped at it at that price, and perhaps I should have. I got a notice two days ago that it had been re-listed yet again, and the seller must have suddenly realized that it was a valuable piece of history and it was slapped with a Buy-it-Now price of $300. I theorized that somehow it would sell instantly, but I just checked and it's still there. No idea of what formula is used to determine the value of a typewriter. I can tell you that this is the cheapest Valentine being offered at present on eBay. Others are $399, $535, $549, $699, and $760. It's a beautiful machine and there is a demand, but come on. The fact that these are still available and not being snapped up right away proves that they're way overvalued.
Even if it worked, a wee bit high. |
There was a second machine upstairs. I didn't get a picture. It was a Smith Corona-made Tower, very similar to the one I saw at the other antiques store a few weeks ago. It seemed to be filled with pencil shavings but otherwise worked as far as I could tell. Again, I didn't give it a detailed examination because the price tag threw me. I didn't have my reading glasses and needed them, but it looked like it said $6.00. But again, that could be $60. Now, $6 is way too cheap. If I get that typewriter downstairs and try to pay for it and they tell me the price is wrong I'm gonna be pissed. And it's a consignment place, so who's to say that the lady at the counter even knows what it's supposed to cost? She might let me have it for $6, and the owner is screwed. But if the intended price for that Tower is $60, forget it. That's a waste of cash as far as I'm concerned. I already have one Tower exactly like it, one Tower similar to it, and several S-C variants of the same machine, and none of them cost $60. In fact, I got one of them for a dollar. So that's that.
Again, I don't know what typewriters are worth. I have a price ceiling, and that keeps certain machines out of my reach forever. If I can get something I like that falls within my range, I'll do it. But otherwise, no thanks. Again, we need a Bob Overstreet to tell us what we're doing here. Every old broken typewriter can not be worth $65-$100. That's just insanity.
I think the only "fair" value guide is completed auctions on eBay. As for that Vietnam Valentine, I think it was first listed for something like $799.
ReplyDeleteIf I knew it actually worked, it would be worth $75 to me. I can't imagine paying $800 for a typewriter. Maybe Tom Hanks will buy it.
DeleteRank optimism, such listings :)
ReplyDeleteBut for tw's there are just too few buyers and too erratic a supply for there to be a 'market' I think. Without a real market, pricing remains very fickle and volatile. As such the listings may make sense even; they /could/ get lucky (rather unlikely, but not impossible).
Yep, true. I was a comic collector for 30 years. Sold my 8000+ collection last year just to get it out of my way. It's much easier to tell if a comic book is worth it, because there are condition guidelines that can vastly affect price. Typewriters, not so. And a beautiful machine can be completely unusable. So, yeah, I suppose it's one of those things. You're gambling when you buy a typewriter, I reckon. It's fun, though.
DeleteThat olive-etti has been around a while. I would treat it with caution. As for values, Even sticking to my low budget, I invariably get what I am after... eventually. Patience pays off.
ReplyDeleteI love Olivettis but not really enough to spend a lot of money. I have a Studio 44, two 22s, two 32s, a 35, a Montgomery-Ward Escort 66, and two Underwoods (a 330 and a 21), and none of them has cost me more than $50. I seriously couldn't imagine spending much more than that on a typewriter, no matter how much I wanted it.
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