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Re: advice on starting up a guitar collection?
MOST IMPORTANT!!! If you're collecting as an investment:
1) Do NOT buy impulsively, buy SMART. Look around, find something that's in your price range and is desirable. Condition is important, because if you plan on trading up, nobody wants beat up garbage in trade on a prized cherry.
2) Do NOT buy anything you're not exactly sure what you're looking at. It's better to let a good deal go by than to jump on the one that 'looked like a great deal at the time'. It's easy to get burned when you get impatient and impulsive.
Everything else like picking your style of guitar, waiting for a deal, or needing to jump on that super rare BIN...
Remember, sometimes you will come across something overpriced... if it's driving you nuts, you might feel better buying it than taking a loss, but be careful. Do this enough times and you'll be out money. Collecting should be fun, but it should also cover most of it's own expenses, especially if you buy smart, wait for the best prices, and know when to sell.
It's easy to have an amazing collection and lose your ass on pieces every time you want to trade up. Buy smart, and maybe your collection will actually appreciate in value on it's own.
MOST IMPORTANT!!! If you're collecting as an investment:
1) Do NOT buy impulsively, buy SMART. Look around, find something that's in your price range and is desirable. Condition is important, because if you plan on trading up, nobody wants beat up garbage in trade on a prized cherry.
2) Do NOT buy anything you're not exactly sure what you're looking at. It's better to let a good deal go by than to jump on the one that 'looked like a great deal at the time'. It's easy to get burned when you get impatient and impulsive.
Everything else like picking your style of guitar, waiting for a deal, or needing to jump on that super rare BIN...
Remember, sometimes you will come across something overpriced... if it's driving you nuts, you might feel better buying it than taking a loss, but be careful. Do this enough times and you'll be out money. Collecting should be fun, but it should also cover most of it's own expenses, especially if you buy smart, wait for the best prices, and know when to sell.
It's easy to have an amazing collection and lose your ass on pieces every time you want to trade up. Buy smart, and maybe your collection will actually appreciate in value on it's own.
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