{"id":198,"date":"2006-02-16T22:01:00","date_gmt":"2006-02-17T06:01:00","guid":{"rendered":"http:\/\/www.nyoatrader.com\/blog\/?p=198"},"modified":"2006-05-11T20:23:06","modified_gmt":"2006-05-12T01:23:06","slug":"how-would-you-value-a-well-used-first-flap","status":"publish","type":"post","link":"https:\/\/www.nyoatrader.com\/blog\/2006\/02\/16\/how-would-you-value-a-well-used-first-flap\/","title":{"rendered":"How would you value a well used First Flap?"},"content":{"rendered":"

I’m interested in some opinions here.<\/p>\n

Note I am not offering this item for sale nor am I brokering it. Just looking for some opinions on both valuing scarce but used cloth and whether you feel a similar item would find its way into you possession.<\/p>\n

I was recently contacted by a ex-Scouter who had what appeared to be a Wakpominee 48 F1 in well-used condition. It had been sewn, washed and exhibited at least some box-dirt but overall was still in decent but not great condition.
\n<\/a>It is a First Flap with I believe a 9 scarcity on a scale of 1-10.<\/p>\n

He asked my opinion about value I had 6 information points:<\/p>\n

Tracker Software lists 3 sales by TSPA @ $454, $ 810 and $ 1750 with no mention of condition which would normally mean mint.
\nFrom 2 old sale lists from Brush Creek, (3-4 years ago) one F1 was described as very lightly sewn @ $900 and about 4 years ago another “crisp” 48F1 offered @ $800.<\/p>\n

One price realized list circa 1992-93 from the sale of a very large NY collection (Don Vanderbilt) listed a 48F1 as selling for $777.<\/p>\n

Now overall there may have some appreciation or overall decline in value, but assume $1000 current value as a talking point for a mint 48F1.<\/p>\n

1. How much of a percentage discount from a mint specimen would you think would be justified for the used flap pictured above?<\/p>\n

2. If there was a similar valued item with a similar scarcity (and condition) from one of the lodges\/councils\/ areas you collect would you be willing to put it in your collection in that condition?<\/p>\n

3. What about if this was the last item you need to complete your prime collection? Would a used item do or would you hold out (and pay) for a mint one?<\/p>\n

4. What percentage discount from “mint” would you value a used item at?<\/p>\n

I’d be interested in your thoughts. You may email me or leave a comment here.<\/p>\n

Updated 5-11-06:<\/strong><\/p>\n

I’ve added comments I’ve received to posting on Patch-L or via email.<\/p>","protected":false},"excerpt":{"rendered":"

I’m interested in some opinions here. Note I am not offering this item for sale nor am I brokering it. Just looking for some opinions on both valuing scarce but used cloth and whether you feel a similar item would find its way into you possession. I was recently contacted by a ex-Scouter who had…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[36],"tags":[],"series":[],"class_list":["post-198","post","type-post","status-publish","format-standard","hentry","category-first-flaps","wpcat-36-id"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pe0C4-3c","_links":{"self":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts\/198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/comments?post=198"}],"version-history":[{"count":0,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/posts\/198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/media?parent=198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/categories?post=198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/tags?post=198"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.nyoatrader.com\/blog\/wp-json\/wp\/v2\/series?post=198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}