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Author Topic: Where is this hobby going?  (Read 14220 times)
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Zach
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« on: August 23, 2012, 11:42:54 pm »

Ok guys don't take this too seriously as I love machines just as much as you guys do but I thought it would be interesting to see what you guys think. So my question is, what is the future of our hobby? 50 years from now will people still be collecting the same machines? Due to the older age of most of the people that are interested in this hobby and the very few young bucks (like myself, im not talking smack im just saying), in the future will our hobby die out and will our prized machines become worthless junk to everyone other than a very small minority? Will people be collecting the machines we see out in action right now? No right or wrong answer to this, but lets here what you guys think. Ready, set, go!
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collecture
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Tom


« Reply #1 on: August 24, 2012, 12:27:47 am »

Been discussed, but times have changed I guess...

http://soda-machines.com/discussions/index.php/topic,13367.0.html
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Eric
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« Reply #2 on: August 24, 2012, 07:18:02 am »

I think it will drop... like cars of an era... the hot cars right now are the 60s and 70s muscle cars.... almost every show I go
to now is Novas and Vettes... what happened to all the 30s and 40s cars?... unless they are tricked out... you see very
few 30s and 40s cars a rare model T or A... I don't think the older ones bring the money they did also... But that's what
I notice... also wonder if the hammering of the shows of Restorations and Pickers will effect it negativley eventually....
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Eric

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« Reply #3 on: August 24, 2012, 08:16:45 am »

Eric, I see your point, although I don't think comparing cars with these machines is fair.
Cars are always changing with the times, but they always remain that...... cars.  4 wheels, windows, steering wheel, bumpers etc...
So there are always "collectors" of cars, of every era.  With people getting older, they gravitate to what they remember as a kid, or what looks good to them.
The prices of the 30 and 40 and 50's cars might have dropped over the years, as the muscle cars have taken their place, and or the $$ that people have to spend on a "toy"

In saying all that, there really is not anything that will replace the RT machines (other than a couple of squares from the early 70's)  The machines of today are just BIG boxes that have no style, shape, or appeal to be a collector item.  The  machines of the 80's and 90's are so massed produced, large, plastic fronts etc. I just can't see them to be a collectors item  either.

So, if these machines do drop in value over time, it's only because people in the future have no interest in them.  Their "collector" dollars might go towards something else.  Where as the car money of the 40 and 50's are going to the cars of the late 60's and 70's.

As long as there is Coca Cola, and the branding, marketing, etc that goes with it, I think there will always be a "want" for these machines, but in terms of value, well, it's what the market will pay.
Juke boxes (from what I've read) have not held their values over the years, but again, it's because tech. has changed, where getting a record is tough alone on it's own, never mind the fact that kids of today and tomorrow listen to music in digital forms.
If Pop were to stop all production of glass bottles, whcih might very well happen one day, then that could hurt this hobby.  But the machines themselves are a pop culture item on their own, so the babies of today who grow up to be stock brokers, will want to look cool in their condos in the year 2050, and will want our RT machines lol.
It's tough to put a 1959 Cadilac in the garages of today that are made for a KIA, not to mention puttin a 59 Caddy in the man cave.

I have to do some work now, so I better stop.... and yes this topic has been brought up before, but I like how new people, even myself, still think about this topic, and it keeps the hobby going.

 happydrinkers
« Last Edit: August 24, 2012, 08:19:40 am by bonovox » Logged

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MoonDawg
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« Reply #4 on: August 24, 2012, 08:43:01 am »


      I see a similar pattern to cars. 30s and 40's soda machines also never were real desirable,(with the exception of Quickold  biggrin and a few others) and the 60s and 70's are the only machines that a lot of younger guys remember.
      On the other hand, like the cars from the 50's, those soda machines always were the most stylish, upright, round corners and with most having that crank handle function ...... I believe will always be a popular home item.

       As Bonoxox stated, one concern I also have, is the availability of bottles. Sure, beer will always be available in glass but soda pop may be another story. How much longer will demand for nostalgia justify production costs?  
     What if Coke discontinues their 8 oz size? Those single vend machines will be useless.
     Or what if Big Brother decides we don't even need glass bottles?
     For example, here in California we used to be asked "paper or plastic?" at the market. Have you noticed that paper bags have almost disappeared in the effort to save the trees?  Well now they are eliminating plastic bags to save the ocean.  darn
     On the flip side, those old returnable bottles would increase incredibly in value if more restrictions become placed on new ones.
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Glen
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« Reply #5 on: August 24, 2012, 08:46:11 am »

The  direction the hobby is going,  is that the pure collector is having a more difficult time buying stuff for reasonable amounts.  People that do this for profit continue to benefit from shows like AR and AP.

Too bad for the average collector who doesn't focus all of his time making a buck from this hobby.

I don't have a problem with people making money but there are a ton of people that are "amateurs"  out there that have dramatically increased the value of unrestored stuff due to uneducated and stupid sellers.  I am not blaming them but the consequences are easily apparent.

I can tell you one thing.  I have been collecting for 15 years and the hobby is less fun for me since the 2 television shows have come out.

Just my .02
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Eric
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« Reply #6 on: August 24, 2012, 08:57:49 am »

I was just using cars as an example of times changing... i didn't even think about bottles and availability.
Another example is telephones I was able to pick up old rotary phones clean them up, wire them
and resell for some pretty good money... some aren't bringing half of what they brought 5 years ago.
Plus people dropping land lines.. can't even use them anymore...


I think machines will always be collectable... just not as we see it now... the odd 81s, like the 57 Chevy
will always be a classic.. but the 23s, 83s or Selectvends will go up and down... Heck when I first started
with a Westinghouse cooler I thought it was the greatest cooler/machine ever... now.. ehhh... I've been
around a while... there are others.. I'm not even crazy about the 81s like I use to....
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Eric

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« Reply #7 on: August 24, 2012, 09:30:46 am »

And yes!!!!!! Agree with bc there.. since these shows... not near the fun it use to be for me..
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Eric

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« Reply #8 on: August 24, 2012, 09:31:30 am »


I don't have a problem with people making money but there are a ton of people that are "amateurs"  out there that have dramatically increased the value of unrestored stuff due to uneducated and stupid sellers.  I am not blaming them but the consequences are easily apparent.


The uneducated seller is the one who is not starting at those higher prices we all hate. if it lasts 1-2 days on CL and everyone is killing themselves to get there you left most of the value on the table.

We all want that $1500 misidentified machine with that $1000 sign attached to it for $300, buy reality is that guy was uneducated and could have gotten a LOT more for it. We are all looking for the deals, and few of us are going into antique shops to buy this stuff and paying fair market value. If the price was truly dreaming on the high end, it doesn't sell, but it may go to someone who negotiates an acceptable price to them.

There is always ups and down to all markets, I don't see people collecting stamps, bottle caps or glass insulators like they used to, but the premium still sell to the die hards for top dollar. I see the same with the early cars too. I think the same will happen to machines like everything when the age group gets older and the spark from the shows are over and forgotten. The rare and desirable will have value and the common will be very affordable.

I do a lot of buying a reselling, and some severely underestimate the stuff from 70's and 80's, toys, music and collectibles. Remember when all of that stuff went thru the roof with the 50's and 60's stuff, then it gets to the bigger items. And who is collecting hopalong cassidy now anyway? nobody under 55!! I think when someone in my age group restores their 1984 Mustang GT they won't want a visible pump and vendo 81 in the display, they will want the square top with a bottle door (and woodgrain!) and the Sunoco racing fuel pump beside it. God forbid when we get to the fast and the fickle rice burner cars!!!

However, If the Chinese market ever opens up to collecting and it does what the Japan market did with all things American, watch out! It will be higher than ever!! Asian antiques are thru the roof and there is a mass export back there with their goods via auctions.
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Tim
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« Reply #9 on: August 24, 2012, 09:55:18 am »

The thing that will keep this hobby going, is the fact that Coke, Pepsi, Sprite, 7up, Crush, RC and many others are still produced and marketed.   I collect lots of advertising items and the things that bring the most money and the biggest demand are the brands that people recognize the most.  Most of us collect items that were produced way before we were born, because we recognize the brand name.  As long as the brand names live the items will be collectible. Just look on ebay, you will see a Coke sign from the 60's going for $350 and a Moxie sign from the 40's not getting any interest because most people don't remember or aren't interested in that brand..  Just my two cents...
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Greg
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