Reply to "Latest 'The Train Collectors Quarterly'"

Dr. martin A. FolbOGR Forum Member

Lew is right, reproductions are the WORST possible investments!! An auctioneer here in Los Angeles, whose company has been in business since 1914, once gave me some very sage advice which I will pass along here. He said, "The AVERAGE are born AVERAGE and die AVERAGE; it's the GREAT that go up in value"! I always advise my collector friends instead of buying ten mediocre items, save your money and buy one great one! In the long run, you will be glad you did!

BTW, you mention inflation. A friends parents bought their house, a small 900 square foot house in West L.A. (a good neighborhood) in 1964 for $26,500. Today that house will sell for $1,000,000! That is an increase of 37.74 times in 51 years. Using my formula. 2 to the 5.1 power=34.3x! Pretty close

5/22/157:12 PM

<ul id="{%=id%}ButtonGroup" class="button-group h-popup-buttons even-button-group even-1">
    <li id="{%=id%}Okay_buttonContainer"><a id="{%=id%}Okay" href="javascript:void(0);" class="button success no-margin-bottom h-alert-modal-ok-button" role="button">OK</a><script type="text/javascript">
        (function() {
            function {%=id%}Okay_click(event, data) {
            {%=id%}Popup.hide();
        }
        
                $('#{%=id%}Okay').on('click', {%=id%}Okay_click);
        })();
    </script></li></ul><a href="javascript:void(0);" class="close-reveal-modal" aria-label="Close Modal">&#215;</a><div class="last-modal-focus focus-utility-element" tabindex="0"></div>
</div>
<script type="text/javascript">
        (function() {
            {%=id%}Popup = new SS.Popup.ModalPopup('{%=id%}');
        })();
    </script>

Skip to main content

BTW, you mention inflation. A friends parents bought their house, a small 900 square foot house in West L.A. (a good neighborhood) in 1964 for $26,500. Today that house will sell for $1,000,000! That is an increase of 37.74 times in 51 years. Using my formula. 2 to the 5.1 power=34.3x! Pretty close

Membership Required

Remove From Your Block List

Manage Follow Preferences

Block

OGR Forum Supporting Membership Required

OGR Forum Supporting Membership

Help support this forum with an OGR Forum Supporting Membership.You will be able to watch the videos in the INSTRUCTIONAL VIDEO FORUM!A one-year OGR Forum Supporting Membership is only $12 per year, so sign up now!

OR

Access the ALL the OGR VIDEO FORUMS AND over 300 back issues of OGRwith a DIGITAL SUBSCRIPTION!

Please wait...

Help support this forum with an OGR Forum Supporting Membership.
You will be able to watch the videos in the INSTRUCTIONAL VIDEO FORUM!
A one-year OGR Forum Supporting Membership is only $12 per year, so sign up now!

Access the ALL the OGR VIDEO FORUMS AND over 300 back issues of OGR
with a DIGITAL SUBSCRIPTION!