Author Topic: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits  (Read 176 times)

Online Brad Cancian

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Hello everyone and welcome to 2025!

A random musing to start the year (if you'll be so good as to indulge me!). I am hoping to do a 'monthly modeller's musing', on a particular topic that takes my fancy (or topics that you all might want to chew over) to help encourage conversations amongst us all. I'll keep things casual here in the lounge, Gin and French in hand at the bar :)


Pull up a chair and grab a drink, chaps!

With the "Shelf Queen" group build about to start, and spurred on by some random ebay-gazing, I thought I'd talk a bit today about stashes, and about the 'value' of the kits that we buy.

For many years I have trawled places like ebay to find some of those harder to get esoteric kits. You know the ones; some of those older resin kits made back in the 90s or early 2000s, of harder to find subjects. Think manufacturers like the earlier incarnation of Copper State Models, or perhaps Jager's range, Tom's Modelworks, Omega, etc. As primarily a 1/48 guy I could (and still occasionally do) find the odd gem on ebay this way. As someone who collects far more than he builds these days, my stash has continued to get larger and larger over the years. But still, the search for said gems has not abated.

Often, however, those gems came (and come) at a price. In years past I found myself hard pressed to pay $100 for a rarer kit (not to mention adding postage to Australia)? but there we just some kits that I felt I had to add to the stash at the time (some of the Jager Albatros? and Rumplers were a good example).

Then, we had the collapse of Wingnut Wings and the second hand market in 1/32 for their kits went wild. Indeed, it still is wild in many ways. I couldn't fathom spending $200-300 for a model kit, let alone one that would be more of a collector item than a builder item. Though I love their kits, I have only ever built one (back in around 2012), and have bought and sold a couple here and there, but my eye has always been on 1/48. Thankfully the second hand market for rarer 1/48 WW1 kits isn't as inflated, which makes cultivating a collection a little easier.

So, doing my regular ebay trawl last week, I came across a seller who was auctioning some of those kits that get my attention ? in this case, some Jager kits, and some early Copper State Model kits (including their hard to find Handley Page 0/400 in 1/48). Now they were not cheap even in terms of starting bid price, and in consideration of the tanking Australian dollar and international shipping costs, I probably wasn't going to bid, but I kept an eye on them none the less.

I happened to be sipping my morning coffee when I watched the 0/400 auction finish. The last 30 seconds in any ebay auction is where the real action is, and that 30 seconds did not disappoint. I watched the price of the kit go from around $150 USD to $200? then $300? 15 seconds to go?. $450?. $600?. And in the last few seconds, boom! Here was the final price:


The final auction price ? wowsers!

I nearly spat out said coffee on my computer screen. That's $800 USD, which is around $1,300 Australian dollars (and that's without shipping)? for a model kit! Sure it's rare, but really??

It got me thinking; is the person that won that auction ever going to build that kit? There's now way they would ever recoup their costs by on-selling. So have they just paid that much to have it sit in their stash? And what about the multiple other bidders? What was their ultimate desire? Why was this kit in so much demand?

I also thought to myself, how much would I be willing to pay for my ?dream kit?? What even is my ?dream kit?? I think the most I ever paid for a kit was the 1/48 Jager Albatros D.XII, at about $150 USD? only because I've always loved the look of this quirky little aircraft and this kit is also very hard to come by, so when I had the option, I took it. Will I ever build it, though??


One of my "dream kits" - the Jager 1/48 Albatros D.XII. Will it ever get built?? Hmmm?!

I can now consider myself a 'kit hoarder' more than a kit builder these days, so I do understand the cathartic feeling that a meaningful 'stash' can provide; there is reward in simply holding these things in one's hands. What is the true 'value' of some of these items? Do we measure our stashes only in terms of accumulated dollar value, or is there more of a personal connection to some kits? I, for example, have bought some kits not to build, but because I have a connection to them from building them in my youth, for example. I call this my 'nostalgia section' of my stash.


My 'nostalgia stash'? what is the true value here??

Is a fool and their money soon parted? Perhaps someone would be willing to pay some of those big dollars to get some of those 'dream kits', just because it brings them joy. Or perhaps someone really does want that kit at any price to build?

What are your thoughts?

What would you pay for your dream kit?

How much have you paid for a kit?

What value other than dollars does your stash provide to you? Or, do you not even bother with a stash?

Pile in folks, let's get the conversation started!

Cheers,

Brad C
« Last Edit: January 01, 2025, 10:16:45 AM by Brad Cancian »
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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #1 on: January 01, 2025, 10:32:24 AM »
Life is too short not to buy a kit you would like to have ? that is my philosophy. I would also call me a hoarder more than a builder and I collected a huge amount of kits from different fields of interest (WW1, but also WW2, not only airplanes, but tanks, even ships, many figures) over the years together. I do not live under the pressure to build them all. I often just love to browse, to look into boxes and hold the sprues in my hands. I often plan what comes next onto my working table. Most of these plans never get reality.
But I have always kept my hands off the big 1:32 four-engined bombers like the HK B-17. It?s not just because of their prize, but I cannot imagine how to display them once I would have built them. And I have not felt the <<itch>> yet to possess one of them. If that itch would come, I think I would definitely spend these 350/400? for such a kit. But I cannot imagine to pay 750? for a Border Models Lancaster. I think that is a prize I will never pay for some beautiful plastic.
Andreas
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Offline NigelR

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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #2 on: January 01, 2025, 08:10:30 PM »
I'm a bit weird in that I am not a hoarder. I have never had a massive stash, and when we moved after I retired I got rid of everything that I realised I would never build. Although my stash has built up a bit (currently 26 1/32 kits, 2 armoured cars and a tank), I reckon I can build all of them provided I stay reasonably healthy (I am 67). I do not buy many kits, instead I have Andreas' philosophy, life is too short not to buy a kit that I want (and I will build). I've collected a good number of Wingnuts kits (I've never paid more than 180 UK pounds for one) and I have all the ones I want.

My dream kits are the next ones that the likes of Aviattic and CSM are going to produce, especially the Starstrutter......
« Last Edit: January 01, 2025, 11:55:19 PM by NigelR »

Offline DaddyO

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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #3 on: January 01, 2025, 09:26:03 PM »
800!!?!  :o
(my car cost less than that) ;)

I'm always amazed to watch certain kits prices climb in the last few seconds of an auction, but suspect that if offered one from a traders stand at a model show  the price would have to be less because the 'red mist' of winning the items isn't on hand to raise the price. Sadly one sale like this seems to raise the perceived value of certain rare kits beyond the reach of mere mortals in the real world . . . .

Anyway, speaking personally, I've gradually been whittling down my figure stash in the last couple of years although it must be said the pile of unbuilt 1/72nd first world war models has increased to fill the vacant space. Sometimes it's nice to take a few down from the shelf and consider the options for the next build when there isn't the time or inclination to put in some meaningful time on the bench. I find similar gratification perusing interesting books and considering future projects; some will never get beyond the 'what if' phase, but others gradually coalesce into tangible models that can be shown to (hopefully) appreciative family members or taken to shows.

The 'Shelf Queen' group build has been very stimulating in this way with the boxes being searched and a shortlist of models/ideas drawn up, edited, revamped and whittled down to the current five possibilities most of which should see the light of day at some point (ever the optimist)  ;D

I did a rough count up of models (all 72nd) on the shelf and reached 120 before stopping. Some of these will be moved on to other builders or collectors in time either because of a change of interest or finding the subject easier to tackle from scratch. At my current rate of output I should just about manage to put these together, but don't mind if they simply sit there as a source of inspiration for the future

Paul
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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #4 on: January 01, 2025, 10:31:19 PM »
$ 800,00 ?!

As much I as I am a fan of the Handley Page O/100, O/400 and V/1500, I would never pay that amount of money for one kit. I was very disappointed that the WNW O/100 and O/400 were never released. I would have bought them instantly, assuming they would cost between $ 250.00 and $ 300,00 American dollars. In fact, I started saving money the day they were announced.

I have (I think) a moderate stash, all WW1 aircraft in 1/72/, 1/48 and 1/32 and some Airfix 1/32 cars of the same period. Most probably I will never build (all of) them, but just as Andreas said, "I often just love to browse, to look into boxes and hold the sprues in my hands."

Cheers,

Willem
« Last Edit: January 02, 2025, 08:15:16 AM by Rookie »

Offline Dirigible-Al

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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #5 on: January 01, 2025, 10:58:33 PM »
Although $800 is a bit extreme I would consider this to be a relatively cheap hobby compared to many others. Work out what you have spent on average per year on kits, accessories and building materials and I bet you will find your spending much less than many people you know with other hobbies like Golf, car restoration even sports when you consider the monthly/annual fees of joining the clubs. Spending an afternoon building an Albatros Will be alot cheaper than going to the cinema or down the pub! I believe we are entering a mini revolution at the moment where 3d printing is enabling both main and cottage industries to produce more niche products. Although these may cost more in some in some cases it will in the future negate the need to have a large stash (sadly I already have a stash) and someone entering the hobby now may never have the stash some of us have.
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Offline Vickers

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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #6 on: January 02, 2025, 02:03:59 PM »
I learned the hard way that manufacturers fold and kits get discontinued and not all of them end up on the secondary market. I remember speaking with Eric from CSM back when he was considering retiring the brand and how thrilled I was to find out that he'd found some people who wanted to extend and enhance his legacy- that's a rare occurrence and we have Edgar to thank. My stash is my way of compensating for the extinction of brick and mortar hobby shops. I can walk into my stash room anytme I want, marvel at the kits, fondle and sniff the plastic, verify whatever aftermarket might be in the box according to my spreadsheet, and bask in the glory of their potential. Unless Jessica from "True Blood" bites me on the neck (she can twist my arm as well) I will not live long enough to build all of them, but I always enjoy walking in there and "shopping" for my next project. As for the most that I've ever paid for a kit I honestly don't know, perhaps the Lukgraph Halberstadt D.II? And I don't even remember what I paid for that, but lately I've been feeling the itch to order one of their OEFFAG D.III kits and the Hanriot HD.1 as well.
« Last Edit: January 02, 2025, 02:08:51 PM by Vickers »
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Offline WD

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Re: Welcome to 2025! January 2025 Modeller's Musing - The Value of our Kits
« Reply #7 on: January 05, 2025, 03:43:25 AM »
Brad,
        First off, thanks for this thread, and a Happy New Year to everyone here. Nice to have a place to pull up, have a drink and a friendly chat. Now, on to the subject at hand, as I do have a couple of observations:

- Firstly, just because someone bid $800 on a kit, it doesn't mean the seller will get paid. A real nasty trend on evil-Bay of late is to bid, and then never pay. I have seen quite a few mentions of this nasty habit of late (and one reason among many I very seldom sell on evil-Bay any more). So, as extreme as it is, I'd be surprised if the seller got paid. If he did, kudos to him.

- I guess it was back in the early 2000's I bought a Dragon Cyber-Hobby Early Tiger I 1/35th scale kit, a limited edition, supposedly never to be repeated. It had marking for North Africa (I love the North African/Sicily/Italian Theater of WWII), and it cost between $50-$60 US. I thought it an extreme expense at the time. It went into the stash, and stayed there a couple of years until I saw them selling on evil-Bay for between $150-$200 US. I liked the kit, but not that much, so I put it up and sold it for $185, and I wish I'd invested in ten of the things. I really liked it, but not that much, LOL!

- I have a growing stash, but that's primarily because:
 -1) I have found that some kits, once released, and then OOP are rarely seen again, such as the Eduard 1/72nd DH-2, the Fokker E series kits, etc.
 -2) This is a "retirement/old-age" stash. They are all subjects I'm interested in and truly want to build them. Will I get to do so? Not likely, but more of that down below.

- My stash is primarily WWI and WWII a/c in 1/72nd, some 1/72nd armor/vehicles, and 3-4 1/35th scale armor kits. I have been culling of late, but adding to it as well. I haven't counted, but I guesstimate it's at 100 kits give or take, plus a bunch of aftermarket.

-For me, it's not a stash for money, but for enjoyment. I heard someone say a while back it's like having a wine cellar or a library. I will go and choose what is my fancy at the time. (Right now I'm trying to get two shelf queens done.)

- I bought a few WNW kits when they came out, not as an investment, but because I truly loved the subject matter. However, when I saw prices climb, I got shed of them. My shelf space is limited, and my interest is primarily 1/72nd.

-Our hobby, as expensive as it seems at times, is as others have pointed out already, not all that terrible on the wallet.

- I don't know if any of you are like me, but I'm a book/reference freak. I have a friend who is as well, and his wife said he was a librarian that sometimes built a model, that describes me pretty accurately. (Aeronaut Books and Michael Claringbould are killing my wallet!)

Warren