old steels really a good investment or not

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Duncan Hodge
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Post by Duncan Hodge »

For the record, Farris, as one of the few gentlemen, and I use the term loosely 'round these here parts, who has actually killed and eaten a possum, I'd just as soon eat a few pieces of pork done up in a mess of lard. Possum does go down easy, though, for the reasons stated in the last sentence. If you can convince Jennings to let me pick him up for the jam, then please do so. I'm about half serious about throwing him in the back of the truck...but only if I have to.
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Farris Currie
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Post by Farris Currie »

you bet DUNCAN, i'll take a good pc of pork to , but we wont tell jennings what it is huh.I hope he will go with you, we went back in nov last yr, to much on me,2 hr drive up, but the food was great.and really enjoyed it very much, just to much on this old boy.hope you can get him to kick up his heels some.let me know and i fix a bunch of pork in smoker for us.Jennings knows where i am, south of ft. lonesome, come on guys get young again, farris
Jon James
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Post by Jon James »

I stand corrected by Lyle, and even more so by Rainer. I got side tracked when I wrote 200%, what I ment by 200% is that you get 200% of your money back. A pedal steel is more like a commodidty than an asset. It is a piece of capital that a person uses and gets utility out of. It should be compared to a car, computer, or anything else that you use.

In this sense, I look at how much I pay for a guitar and I look at what the resale value is. If I can sell it for what I pay for it, and get a 100% of my money back upon resale, then it is a great capital investment. What commodities in your house can you get even 50% of what you pay for it? Your computer that using your now? HA.

Let's say I buy a guitar for $1,000 and own the guitar guitar for a year, and resell it at exactly what I paid for it, then I am only out $30 or so buck under the "loss due to inflation." But this seems like a small price to pay if I get to own a piece of pedal steel history for a year of my life. For the cost of $30 I can finally see for myself and own an old rack and barrel sho-bud that some of my favorite players actually used. Or see what "that sound" is that an emmons makes.

The only problem is these suckers are heavy to ship, and that needs to be factored into the price, so my $30 is more like $80 bucks. In this case I would think about it as leasing a pedal steel for 1 year at the low cost of $7 per month.

Jon
Farris Currie
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Post by Farris Currie »

JON,when you look at it like that,aint bad is it,i spend more than that on my kickem up juice huh.boys i own 3 old sho-buds and proud of each one.i think the price is going up on them.what you think??
farris
Jennings Ward
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Post by Jennings Ward »

FERRIS, ARE YOU SURE THAT DUNCAN IS NOT TRYING TO GET YOU TO EAT SOW BELLY...?????? I WOULD RATHER HAVE POSSUM.....YOU KNOW WHAT SOW BELLY WILL DO FOR YOU.....YOU WILL HAVE TO GET YOU A DOZEN CATS..7 TO DIG,,,4 TO COVER AND 1 TO SEARCH FOR NEW TERRITORY.... COME ON FELLAS, TELL ME WHAT TUNINGS I CAN USE ON THIS QUAD 8 BEFORE I WASTE A LOT OF MONEY THAT I DONT HAVE ON THE WRONG STRINGS...PLEASE HELP ME......DUNCAN, I DONT KNOW IF I WILL BE UP TO GOING TO THE FSGC IN MARCH,, STILL CANT WALK VERY GOOD....FERRIS MARCH 2ND IS MY BIRTHDAY, WILL YOU BBQ ME SOME POSSUM AND GIVE ME A GAL OF FERMENTED STUMP WATER TO WASH IT DOWN? BIG 70 IS COMING UP, CANT JUMP AS HIGH AS I USED TO.. BUT I STILL PLAY STEEL FOR THE BEAUTIFULL ANGELIC SOUND ........JENNINGS

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Farris Currie
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Post by Farris Currie »

Jennings,now you got me worried,Duncan did just say hog meat didn't he?? oh man,thanks for the warning jennings.i use hog jowls in my blackeyes for new yrs.think that is sow belly huh.i'm not the one to say on the tunings man,got to be lots of guys knows about that. i can't get your stuff it seems you send,i try but it won't open for some reason.
Take care my friend,,those birthdays are great to have,other wise we won't be here huh.have a good un my friend farris
Lem Smith
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Post by Lem Smith »

Jennings,
Take a look at this site for some good ideas you can look into for your tunings.
http://www.well.com/user/wellvis/tuning.html

Lem
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James Cann
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Post by James Cann »

<SMALL>. . . And says he won't sell to anyone.</SMALL>
Anything about which you would say this is a good investment.
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Rainer Hackstaette
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Post by Rainer Hackstaette »

<SMALL>. . . And says he won't sell to anyone.</SMALL>
<BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica">quote:</font><HR><SMALL>Anything about which you would say this is a good investment.
</SMALL><HR></BLOCKQUOTE>

Well, the term investment implies that you do sell. If you don't sell, your "investment" is just dead capital. You might as well have buried your money under a tree ... Image

Rainer

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Jim Vogan
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Post by Jim Vogan »

Jennings, I found this page on the site that Lem posted. It shows four tunings that Leon used. Hope it helps. http://www.well.com/user/wellvis/leon.html
F# A C# E F# A C# E
E G# D F# G# B C# E
D Ab Eb F F# A C# E - note: the Ab is one half step beneath the third string
A B C D E G B D (bass tuning)
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Jim Vogan
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<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Jim Vogan on 26 February 2005 at 06:30 AM.]</p></FONT>
Farris Currie
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Post by Farris Currie »

SAT.am,glad to see all the great opinions,and JACK glad to see you back on my friend.i love my 3 old sho-buds very much,still have to wonder about buying and recon how much they will bring in the future? nope,its not a money maker,but the enjoy of having,and showing them,as the proud owner!!and the sound,Just can't be beat.

I sometimes wonder about old upright pianos,i've helped send a few to the grave yard.seems most people just want to get rid of them,some are so pretty,but haul this thing off!!! farris
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James Cann
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Post by James Cann »

<SMALL>If you don't sell, your "investment" is just dead capital. You might as well have buried your money under a tree ...</SMALL>
Sorry, Rainer, but I don't agree. Investment to me has always been more than a money thing. I'm glad to know my guitar has a good 'financial footing,' but return for me involves personal pleasure as well.

SB LDG
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John Davis
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Post by John Davis »

Farris,
People have told me my "Blondie" and "Red" were too expensive for old p/pull D10`s but I disagree, they have earned me their cost back and more!! If you play it and you love it the cost is irrelivant, and the workmanship and attention to detail that Tommy Cass put into the restoration is to me priceless........ I have many ex-wives but these two babes will stay with me until they pry them from my cold dead fingers!!!!!!!! Image Image
Ron !
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Post by Ron ! »

Image
Image
Nice steels you havin' Farris.
I think that they were the right investment.

Ron

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<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Ronald ! on 27 February 2005 at 12:21 PM.]</p></FONT>
Harold Parris
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Post by Harold Parris »

I bought an EMCI that is a better guitar than any I have had the opportunity of sitting down at in the 33 years I've been playing pedal steel. I've owned 8 guitars, 4 were new brand name guitars. They were all good guitars but the EMCI is an exceptionally great guitar that was 18 years old when I got it but I wouldn't trade it for a brand new guitar today. That includes all brands on todays market. This could be an exception to the rule, but I firmly mean what I say.

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Farris Currie
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Post by Farris Currie »

Thank you Ron,totaly suprised me huh.like to thank each one for their opinions too.many ways to look at it.no not gonna get rich,but look at the pleasure.i see some old sho-bud volume pedals selling for about 150 dollars these days on ebay,never thought i'd see that.i just put a new canadian pot in one,and love it.the sound is great..

John better watch it,those wifes will get a lawyer and take those guitars away man.mabe they sell um cheap, and i can get one.haha
farris
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Paddy Long
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Post by Paddy Long »

Obviously of the newer guitars, Zum's appear to hold their price very well -- a new MSA Millenium S12 Universal on the other hand sold recently for about $3500 USD when the owner paid about $5600 for it new. The guitar was about 18 months old I believe !!!!
A Marrs rebuilt Shobud would probably be the most desireable investment of them all IMO.
Jennings Ward
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Post by Jennings Ward »

FERRIS,,,,, SHAME3 ON YOU FOR HAVING SUCH TERRABLE THOUGHTS,,, SHAME ,,,, SHAME,,,, SHAME..... A LAWYER TAKING A MANS STEEL GUITARS IS WORSE THAN DEATH.....ONLY THE DEVIL HIMSELF SHOULD THINK SUCH THOUGHTS....WHAT WOULD YOU DO IF IT HAPPEND TO YOU.... WE COULD HEAR YOU HOLLAR FROM HERE TO AND BEYOND ETERNITY AND OVER INTO THE NEXT GALEXY.....DON DO DAT, NO MO...JENNINGS.........

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Farris Currie
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Post by Farris Currie »

dang Jennings,that would be as bad as the revenue man finding or corn mash huh.how you and that big old 4 neck steel comming??

figured Ron was going to show my nice tractor on here to.then i'd have to hide for sure. we love our toys huh.
Jennings Ward
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Post by Jennings Ward »

FERRIS,, DIDN'T MEAN TO COME DOWN HARD ON YA.... JUST DONT GIVE DEVORCE LAWYERS ANY IDEAS. THEY GET TOOOOOOOOOO MUCH AS IT IS FOR NOTHING...IT IS LIKE STANDING BENT OVER ON THE INTERSTATE AND A HERD OF SEMI'S COMING 140 MPH UP BEHIND YOU,,,,,,,OOOOOOAAAAAACCCCCHHHHH.......GET WHAT I MEAN?// 4 BANGER HAS NOT GOT HERE YET... HAVVE TO GO TO BARTOW TOMORROW, WONT HAVE TIME TO COME ON DOWN,,BUT KEEP THEM POSSUMS FAT FOR ME...CANT WAIT TO GET MY EYES ON THAT 4 BANGER,,,, THEY SAID IT NEEDS WORK,, I WONDER??? I BAUGHT A DOGHOUSE FOR 50 AND FIXED IT UP, THEN I WAS FORCED TO TAKE 800 FOR IT.....GAVE IT AWAY..HA...STAY AWAY FROM THEM LAWYERS, UNLESS YOU HAVE TOO MENY AAAAA****** YOU DONT WANT..LATER, JENNINGS.........

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John Bechtel
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Post by John Bechtel »

Since I'm not a collector, if I don't plan to use it, I don't need it! Image Just MHO!

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Ron Sodos
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Post by Ron Sodos »

So someone tell me what my 1970's Shobud Double 12 is worth. The top and bottom fingers were removed on the C6th. I put it on the forum for sale a couple of months ago.
I got a couple of low offers that would never cause me to actually sell it. If I got a real offer I think might.
Click here for pictures<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Ron Sodos on 01 March 2005 at 10:14 PM.]</p></FONT>
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Post by Ron ! »

Ron.

This is a nice looking steel but it needs some serious work to get this one 100% again.
I think that that is the reason that everybody is not bidding and those who are bidding do this with a ridiculous price.I would try to find someone that will do this for you and make it like new again.
I would not part with a steel like this.But I can't talk for you of course.

Ron

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<FONT SIZE=1 COLOR="#8e236b"><p align=CENTER>[This message was edited by Ronald ! on 02 March 2005 at 12:01 AM.]</p></FONT>