Posts belonging to Category Collecting Basics



Larry Lane – Selling Your Collection – Part 1 Doing It Yourself

I posted several of the You Tube Video Series presented by Larry Lane.

Larry Lane is adding to that effort with a weekend series collecting basics which can be a starting point for a new or not so new collector.

Here is the first part of a series on selling your collectionHow To Sell Your Patch Collection DIY. There is math on this one to help understand your Gross Return, Costs and Net Profit

You can see the video by clicking the image below.

.

Please send your thanks yo Larry and let him know if there are any other collecting topics you would like covered.


——————–
“It is error alone which needs the support of government. Truth can stand by itself. Subject opinion to coercion: whom will you make your inquisitors?” —Thomas Jefferson (1781)

Share

Larry Lane – How To Store Your Patch Collection

I recently mentioned the You Tube Video Series presented by Larry Lane.

Larry Lane is adding to that effort with a weekend series collecting basics which can be a starting point for a new collector. Here is a good introduction to allow you to better understand How To Store Your Patch Collection.

You can see the video by clicking the image below.

.


——————–
“Sometimes it is said that man can not be trusted with government of himself. Can he, then, be trusted with the government of others?” —Thomas Jefferson (1801)

Share

A Beginners Guide to OA Collecting Terms

I recently mentioned the You tube Video Series presented by John Pleasants and Larry Lane.

Here is one Larry Lane did on collecting terminology which can be mystifying to a new collector. Here is a good introduction to allow you to better understand these terms. Particularly Twill directions.

You can see the video by clicking the image below.

.


——————–
“The natural cure for an ill-administration, in a popular or representative constitution, is a change of men.” –Alexander Hamilton, Federalist No. 21, 1787

Share

Another Look Back – F or S? What’s in a Letter?

Looking deep back into the archives from December 2008, here is a post which helps explains What’s in a Letter some of the arcane jargon used by collectors.

basicsYears ago in the dim ages…of collecting,  in the last millennium, letter conventions were established to allow collectors to talk about patches through the mail or in other non-face-to-face scenarios.

A – Arrowhead Shaped Patch

J – Jacket Patch a larger patch of varying shapes to be worn on a jacket

R – Round Patch, typically 4 inches in diameter or less.

X – Odd Shaped Patch, any shape not described above.

P – A Blue Book addition for any patch which looks like a wedge of pie, typically for triangular patches worn on neckerchief.

F – Flap shaped patch

That was fine when all of the patches were twill flaps and simple designs usually the totem of the lodge were used with perhaps the lodge name or number and not much else.

Twill means that you can see the base material that the patch is made from, it is not completely covered with embroidery.

Then these new-fangled patches started appearing, they were flap shaped, but they were full of embroidery, they had many colors, ooohh pretty.

Well what was a self respecting collector to do?

Clicking on the link will allow you to read it all. And while you are there, read the comment too.



——————

Share

Another Look Back – The Value of Patches

Here is another look at a post from over 8 years ago, http://www.nyoatrader.com/blog/2009/03/26/the-value-of-patches/. Many of Gene Cobb’s musings still ring true today.

Levels of Collectors

1.) There are different levels of collectors.

A.) The money is no object collector.

B.) The money is an object collectors.

C.) The poor boy that struggles to make a living.

the Feeding frenzy:

At one time there were five major Louisiana collectors that collected any and everything from Louisiana. There was a competition to get all of the items first. We would all go to the Dallas Tor and other Tors and hurriedly go to as many tables as possible before the other Louisiana collectors did to purchase as many needs as we could before the other guys saw them. But guess what happened, the people selling patches at the tables were smart enough to realize that these Louisiana sharks are after all the Louisiana fresh meat that we can sell them so we can raise the prices and they will buy them and pay a high price just to beat the other Louisiana collectors to the patch. The prices just continued to increase and we just continued to pay them.

What is the value?

Another Gene, Gene Berman has often said it is not the winner of the auction that sets the new value, but the second and third highest bidder.  As each person picks up their ‘got to have’ item, the value drops to the folk whose pockets aren’t as deep.  Eventually a new support level is reached.

11.) Collectors, it is a buyers market out there right now. You the buyer must make the decision as to when to purchase and the price you pay. The supply is high at the present.

Still true or has the market turned?

Read the full post here.



Share

Look Back – Modern Limited Rarities

Nine years ago in August 2007 I wrote a post on http://www.nyoatrader.com/blog/2007/08/18/modern-limited-rarities/.

This is where a single individual or small group is awarded a special limited run patch. Perhaps as a recognition for a job well done, to commemorate or section, region or national office or even for attending an event as a delegate. Here was my contribution to the discussion.

I agree that, in general, all lodge issues should be available to all lodge members although they should be only worn by those who are earned or are otherwise entitled to wear them.

Now of course as I’m a collector, I could be accused of a bit of bias.

One thing I think some LEC’s and their advisors lose sight of in their quest for “Limited Rarities” is who supports the lodge financially.

Most events run on a break even basis at best and in some cases are subsidized from general funds. Lodges are asked to support their councils and camps financially. A chief or LEC may have a pet project they want to push, and while not true of all lodges, many lodges are run off the profits from the box, the trunk, the trading post or whatever their resale area is called.

Check out the full original post and while I might have added a few of my replies to a comment to the post, I think it continues to be an issue nine years later.



————————

Share

What’s In a Name? or Number?

Gene Berman recently responded to a question on Patch-L with what constituted a name or number collection and some of the variants.

Take it away Gene…

Traditionally, for number collectors who seek a number once to fill that number’s slot.

However, traditionally almost all “name collectors” came from people who were already number collectors and wanted all different names associated with a number which usually meant a new lodge and its superceded lodge (the merged higher number did change but was not vacant). That was the original definition of a name/number collector. Therefore, while I suppose there could be people collecting OA by name, there would not be many. Number collectors who got near the end of the set traditionally morphed into name/number collectors as they started collecting the names associated with each number as well. And some started from the get-go to collect the numbers and the names.

Since each person tailor’s his or her collection to personalize it like picking the components of your new car on line, many sub-groupings have emerged. Some collect what is called a “Classic” name/number set. That is a set where the patch required to fill the slot is the original patch from the lodge originally assigned that number. For the most part this discounts the reissuance of numbers beginning circa 1972. For example, a Classic set collector would need a 155 Michikinaqua and a 219 Calusa but would not want the modern lodge patches that took those numbers, 155-Nisqually or 219-Kayanernh-Kawa. A number collector (not classic) would accept either. A name/number collector would want both.

Some people tailor their collection to only collecting flaps so if a lodge never issued a flap shaped patch such as 182 Lone Wolf they would not want anything from Lone Wolf and the 182 slot would be only for the flap from White Beaver.

Some folks will accept any shape patch to fill the number and some will only take a non-flap shaped patch if the lodge never issued a flap. Some only want first flaps and some only want first solids. Others only want first issues regardless of shape.

My name/number collection which I deem complete has a representative flap from every name and number that ever existed if the lodge produced a flap. This includes after merger the superceded lodge, the new lodge and the merged lodge. If there was a restricted flap and trader such as 90S1 and 90S2 I wanted and collected both. If it did not, the slot is filled with the patch they did produce. If they never had any patch my collection accepts a neckerchief such as 32 Tahawus or 261 Missituk. If there never was a patch or neckerchief I will accept a “flat neckerchief slide” such as leather such as Ne-Pah-Win, such that it can fit into a book or frame. Your collection may be different and I am sure it most likely is just as our cars built on the internet from scratch would be.

It is likely that every lodge that ever existed for a reasonable period of time had some sort of memorabilia. How far an individual collector wants to take it, likewise is up to him or her. Horned toads (mummified I assume, wooden or metal talisman, lots of stuff out there for those that want to go to that extreme).



———————-
“A few short weeks will determine the political fate of America for the present generation, and probably produce no small influence on the happiness of society through a long succession of ages to come.” –George Washington (1788)

Share