Investing in Pump Organs
Unfortunately, every year more and more pump organs are
being turned into landfill, which means every year there are
fewer and fewer pump organs for purchase. As everyone knows the
old law of "supply and demand" has long determined the value of
antiques, or anything for that matter.
Therefore it's just a matter of time before the value of
restored antique pump organs goes up and goes up dramatically –
but why?
At
one time there were over 600 pump organ companies doing
business in this country. However, a large number of those
companies went out of business around the time of World
War I and still more during the Great Depression. By the
time of World War II there were less than a dozen – and
today there are none.
Just about anyone can buy a winning stock when it's selling
at $60 a share, but the people that bought it at $2 are the
folks that are going to make the real money. It's been that way
with land for a very long time. You buy it when it has little
market value and sell it in the future when it does. In other
words, you're simply making an investment in today's market for
tomorrow's market.
This is why a growing number of people are having their pump
organs restored as a financial investment. These people
understand how the antique market works and are taking
advantage of it. The same is true in the stock market, you buy
low and sell high – there's nothing new about that.
A pump organ is not just another piece of furniture that's
been around for over 100 years; they are antique musical
instruments. Since most pump organs were built from the 1870s
to just before the turn of the century, almost any pump organ
you find today is going to be well over 100 years old.
If you've been looked around for a good, well built pump
organ that could be restored to "investment grade" quality,
then you know they can be a little hard to find. However, some
people have found some real treasures at craigslist.com, or
ebay.com.
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