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Old 18th August 2019
  #231
Lives for gear
 
kennybro's Avatar
Quote:
Originally Posted by audioforce View Post
I used to buy stuff at a music store in lower Manhattan. I think it was called Dr. Sound. They had an entire wall of old Strats hanging there that nobody could buy because some Japanese gentleman had bought them all and left them "stored", hanging there for years. Stupid.
One thing when a player has a bunch of vintage, and they get used and heard. Even locally, as long as they get used. Warehousing is absurd. Better off in the stock market.

I recall actors buying paintings and warehousing them. They never even looked at them, just had an agent buy and store them away. A few years later they'd exhume the paintings, and sell them as "From the collection of so-and-so," hoping that would add legitimacy and boost value. Many forgeries were found in those warehouses.