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[OM] Collecting cameras / Olympus and National Geographic

Subject: [OM] Collecting cameras / Olympus and National Geographic
From: "Erwin Voogt" <photovoogt@xxxxxxxxxxx>
Date: Fri, 15 Jun 2001 14:11:55 -0000
Cc: pcacala@xxxxxxxxxxxxx
Hi,

Gary replied on my quote:

<< I recently studied a book about antique-trading... conclusion: old
cameras have hardly any value. >>

Hum, I like that if only because it might make some owners let them go
for cheap.
Just because something is in print doesn't mean it is fact.

What I meant to say is that investing in for example an OM3 just to sell it in 2030 is the wrong investment. Saving the money at an ordinary 4% bank account will result in a higher "profit". The Olympus M1 is a good example. It now sells for about $500 - $700. This means the camera is not worth more than it would be in 1972...
The same is true for a classic Leica M1.
Nevertheless, looking around for bargains will do no harm. Last year I bought a mint 40 mm F2 for $90 and yes, I could sell it with a nice profit. But again, will I become "rich" by spending all my time in looking around for such bargains... no way!

Bye,

Erwin Voogt
Utrecht, The Netherlands
http://members.nbci.com/_XMCM/photovoogt/index.html


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