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| You would be suprised. I dont collect pedals, but i do restore them. I know several collectors that own every pedal that has been released. Have one really good friend that went to the national toy show last year and bought 10. He collects all scales but loves pedals. I have seen his collection, it is insured for over a million bucks. I only collect 1/64 scale and some 1/16 scale special edition and scratch builds. My collection probably has 1500 peices and valued at about 25 grand. So yeah they are people out there that do this. Just like any other person's hobby. Bad part about mine is i have too many with hunting and fishing. That is why i buy and sell and build farm toys. www.customfarmtoys.com I have a scratch built cotton picker on order 1 of 20 for 2000.00. I dont go out on a limb like this very often, but I just had to have this model.
The older toys are holding on the there value very well and have not lost value in many many years. I dont think pedals have ever really lost value unless it one of those castings that is so over produced that is a dime a dozen. I restored a 520 deere for a guy, cost him around 500 in parts and 150 in labor for me to do the work. Took me 2 days to do the job but looked like it was new when i was done. He recently sold it in a march of dimes auction for 2250.00. If i had to restore that tractor again today labor would be the same but parts would be about 40% more.
Ertl is doing what collectors want, more detail and that sacrifices some funtionalability. That is what the collectors are screaming for, as for me I dont dare try to understand what drives ertl. I do know they look at what we the custom builders are building and try to capture that market. I was building and selling 1/64 scratch built reynolds scrapers as fast as we could build them, and they came out with non functional scrapers and killed the market. Mine were fully functional and took roughly 20 hrs to build. Sold for 125.00 per set of 2, and ertl's sells for 15. So that market died and another opened. I have adapted and will keep doing so through the years. Like I siad toys are my winter nest egg, they pay for christmas and all my toy buying.
Hope this helps
Brad | |
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Off Topic, John Deere Pedal Tractor
