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-   -   Sigma Chi Badge $3,050.01 (https://greekchat.com/gcforums/showthread.php?t=84785)

Tom Earp 02-27-2007 07:27 PM

AGE would be the answer.

Can you even imagine whar a LXA Delta Phi Badge would go for?:eek:

sageofages 02-27-2007 07:48 PM

Quote:

Originally Posted by GammaZeta (Post 1401178)
But what history does a pin have? It's just a piece of metal.

How does having a small pin help understand "where you are going"?

A pin is NOT a piece of history. It is not relevant to our founding. Original letters related to our founding is history. Finding out where someone is buried is history.

So, again I ask the question:

Now, which would benefit the greater good of the fraternity?

A. Buying an old pin for $3,000 with no historical value, other than being old.

B. Donating that $3,000 to a scholarship fund, or using it to help a struggling chapter out with recruitment.

Anyone?

I couldn't agree with you more. Recently (in the last 6 months or so) a "historically" significant badge for the Philomathean Society was up for auction. A donor (through our foundation) bid over $5000 for it. They were prepared to go much much higher to get it into our archives. The original sister/owner was from the second ever pledge class and at that time each badge was hand made and slightly different. The sad thing was it was the foundation bidding against a sister who could afford it, to raise the price so high.

GammaZeta 02-27-2007 08:04 PM

Tom, here we go again.

I DO NOT believe age makes something historical. Valueable in a monetary since, absolutely. Valueable in a historical since to LXA, no way.

If I wait a 100 years and sell my LXA certificate, will it be worth $10,000? Why should it or shouldn't it be worth $10,000?

I didn't do anything significant to influence LXA....yet. The certificate is one of a few surviving.

But what makes it valueable in a historical since. What information would it provide? What would we learn from it that we don't already know?

Being OLD doesn't cut it for me. Hell, I think I may kidnap Earp and put him on Ebay! Earp's REALLY old, imagine how much I would get for him!!!

Now, no one has explained to me yet exactly how an old LXA pin would be historically significant, other than being OLD.

Now, if it was W. Cole's pin or a pin that portrayed a CoA that no one has ever seen before, then you can make an argument.

Other than that, give the $3,000 to a LXA scholarship.

Trey_P-I_47 02-27-2007 08:07 PM

I think Tom would differ with you about him being old.......I think 'Mature' would be his word of preference.....although I am certain Tom would fetch quite a bit of $$$$$$ on ebay today:D

Tom Earp 02-28-2007 03:49 PM

In Reference to the two above posters:

Thank You Trey and Screw you GZ! Rare and age does make a difference especially to a collector or a fellow Brother/Sister of each GLO!:)

Edited at request!

JonoBN41 04-12-2007 06:19 PM

KAPPA SIGMA
 
I think we have a new record with a Kappa Sigma badge that sold this afternoon for $5,877.76. And let's not forget the $8 shipping charge.

ebay item # 250101940712

CPickering 04-12-2007 06:20 PM

wow! that is impressive. i wish i had that kind of money lying around. :rolleyes:

Tom Earp 04-12-2007 06:37 PM

Quote:

Originally Posted by CPickering (Post 1428874)
wow! that is impressive. i wish i had that kind of money lying around. :rolleyes:


Remember, if there was a LXA Badge that was that old, how much do you think it would be bid for?

If you think there would be of us bidding on it You are right!:)

I do not normaly bid against so other Brother can acheive it, that is the important part is it not? A Brother getting it back into either The House or for another Brother!

WOW, Saw that K S Pin! It was nice! Not that nice?:D

lenoxxx 04-14-2007 12:06 PM

Gentlemen;

Please let me correct all of you

AGE has no measure on somethings worth, however SUPPLY vs. DEMAND does. The reason these items are being sold for so much is that there is a ton of DEMAND for them and NEXT TO NO SUPPLY.

What does AGE have to do with it? One simple answer- ATTRITION.

Over time, "fixed supplies" (i.e. non replaceable) are affected with items being lost or destroyed or removed from circulation. This is why old baseball cards and comics become so scare- they burn, rot, fall apart etc. if not cared for. AND OVER TIME, the % chance of survival for an item becomes less and less. Since they cant be replaced with new items (in a fixed non-replaceable inventory) they dwindle in SUPPLY.

I have old comics that are worth nothing due to lack of mass interest or massive amounts of existing supply (death of superman 1992 7.2 mil copies in print) I also have new comics that are worth 100's of $ that are from 2003-2005- low print runs on initial issues that caught on in a big way after the initial run.

So yes GZ- in 100 years your certificate may be worth a fortune- if it survives.... and people are interested in LCA in the future. There is a speech about this in Indiana Jones from Belloq the evil archaeologist- here are two quotes from him that sum up your comment on your certificate...eerily similar but true

"About a cheap watch"

Belloq: Look at this. It's worthless - ten dollars from a vendor in the street. But I take it, I bury it in the sand for a thousand years, it becomes priceless. Like the Ark.

and


"Throwing Indy into the pit"

Belloq: What a fitting end to your life's pursuits. You're about to become a permanent addition to this archaeological find. Who knows? In a thousand years, even you may be worth something.
Indiana: Ha ha ha.
[under his breath]
Indiana: Son of a bitch.


So remember SUPPLY AND DEMAND, not AGE, will always determine the true "market value" of items.

(comment directed at TOM's prior comment about age being the sole indicator of worth)

Lenoxxx

Tom Earp 04-14-2007 01:39 PM

Age normally comes in to the picture as in supply and demand.

The older, the less there are available of quality.
The fewer of course will drive up the price.

Ebay is here for collectors of all sorts of things, just look at the catagories. One mans junk is anotehr mans treasure!

I wonder how much my TKN 7 Diamond and 6 Pearl Pin with AA Pearl guard would go for?

Tom Earp 04-14-2007 01:45 PM

Age normally comes in to the picture as in supply and demand.

The older, the less there are available of quality.
The fewer of course will drive up the price.

Ebay is here for collectors of all sorts of things, just look at the catagories. One mans junk is anotehr mans treasure!

I wonder how much my TKN 7 Diamond and 6 Pearl Pin with AA Pearl guard would go for?

GammaZeta 04-16-2007 12:32 AM

Leno, I am not questioning it's worth and I think your post is very informative and agree with you.

I simply think the money paid for the badge could be better spent on helping the fraternity or charity, others don't.


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