JR - I have earned a supplemental income from drum sales for many years. The drum market, like any other, is cyclical in nature. As we speak, prices on vintage drum kits are going back to where they should be. My last several sales have been at fair market value and I didn't have to 'compromise' on price.
It's all about 'what' you're selling. Certain items will hold their value even through rough markets. My point is; you can't generalize like that. The market may be depressed for low end stuff, but quality always holds value.
The cycle is slowly turning upward from what I can see. Buy carefully, sell at fair prices and you'll do ok. Things are improving in the drum market from all indications. Refer to recent prices on ebay.
BTW - ALL of our current economic problems are -inherited.- You know... little things like; three unpaid wars, Prescription drug deals with Big Pharmaceutical companies all unpaid for... they trashed a huge surplus that was left to them and then left it all for the next guy to clean up.
It is the very same people who created this mess to begin with, who are now blocking any attempts to correct it. Blatantly standing in the way. And why? Because they want to win next time at all costs. Even if they have to trash the country and the economy to do it. Not "patriotic" at all. Yet they're the ones who wear little flag pins on their lapels as if they cared about country first. For them, it's party first, and our country 'maybe' a close third to Big Oil and the Koch bros. $. Patriots my a$$.
End of rant.
John
