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Determining real-world value for a non-vintage snare...

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Hey folks -

I've not posted in a while - good to check in here every now and then, though.

I'll apologize in advance for bringing up the blasphemous topic of a non-vintage piece of equipment, but this one is kind of special.

I have a DW Craviotto 'Edge' snare, 5x14, 3/4" solid maple shell, clear/natural maple finish with chrome over solid brass hoops, signed (as all Johnny's drums are), and barely used. This is a 10 lug snare, still has the original DW head on it. The thing is a monster, both in weight and sound output. It's about 8 years old, and obviously was built before DW and Craviotto parted.

Checking around, I'm not finding much info on this particular model, other than references to it being on the rare side. I've found one ended listing on Ebay for a marine white version that looks as though it went unsold (was listed at $799).

I'm not sure I'm willing to part with it, but it is currently packed in a closet and it wouldn't hurt the wallet to liquefy the asset...

New, this drum listed for $1499. I picked it up for less - and got to meet Johnny in the process. I couldn't see letting it go for too much less than it's 'new' value, though.

So, that's the dilemma. Have any experience or resources to help determine a real-world value for this drum?

Thanks so much for the help!

Ken

Posted on 14 years ago
#1
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Hmm...I've never heard of the DW Craviotto Edge snare. Sounds very intriguing!

As far as "real world value", items are only worth what people are willing to pay for them. For *most* instruments on craigslist right now, for example, about 40% of the new price is what an item sells for, with the exception of a few models (Catalina Club Jazz, A Zildjian crashes, etc...seem to be in enough demand that people are willing to pay a bit more for them). I'd imagine that since your snare is pretty rare, you could probably define the market for it. I wouldn't sell it for the new price, but I think you could recoup almost all of your initial investment. You've just got to find the right buyer.

1970 Ludwig Downbeat
1965 Ludwig Hollywood
1970 Ludwig Jazzette
Posted on 14 years ago
#2
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From alken

New, this drum listed for $1499. I picked it up for less - and got to meet Johnny in the process. I couldn't see letting it go for too much less than it's 'new' value, though.

Nobody pays list. It's a fictitious number. As best I can tell, the whole purpose of a list price is to enable dealers to say things like "40% below list price!" when they're still pricing things near or above their competitors' prices. So don't get caught up in what the drum's list price is or was.

If a similar drum went unsold at $799 and other nice Craviotto/DW snares are selling on eBay in the $500's and $600's, I'd say we've found your ballpark price range. If that's too low in your opinion, it may be best to hold onto the drum, hoping the economy and high-end drum market will eventually pick up a bit.

Posted on 14 years ago
#3
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I had an Exotic series Craviotto,about the same year model as your edge and it sold for $800.00, so as previously advised you'll never come close to List price, the $600.00-$700.00 range and in this economy that maybe a tough one also! is the center maple? post some pics if you will!

Your drummers not much good is he!? What you need is someone that's as good as me. ! John Henry Bonham !!
Posted on 14 years ago
#4
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Thanks for the input folks.

I do love the snare, and even toying with selling has me sad... If it's smarter to keep it for those prices, I will.

I'm looking for pics - I'm hoping they're on this computer still. If not, I'll snap some more.

For those that looked up the ebay version - it's that with a clear maple shell visible between the incredibly bearing edges (which are pretty sharp, by the way...).

Thanks again,

Ken

Posted on 14 years ago
#5
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First up is a a beautiful blue Edge for $700 on CL for the past couple of weeks.

"This is a 14x7 Drum Workshop Edge snare with a Royal Blue Curly Maple finish. Hands down the most beautiful snare drum I've ever seen. It was a custom order that cost me over $900, and this is cheaper than any that are currently listed on eBay. I can't believe I'm actually selling this, but my loss is your gain... "

Next up is a long time resident of eBay for a B.I.N. of $749.99

"SIGNED DW CRAVIOTTO Solid 6.5X14 Snare EBONY FANTASTICHAND SIGNED SHELL FROM JOHNNY'S DW DAYS! GREEN BADGE!!!"

I'll echo what I said in another post about the basic economics of the resale. If the price gets too high people simply look for substitutes. There happens to be a ton of substitutes available. Here I'm talking great sounding snare drums, less so if you consider solid snares but not enough to make it more than the $700 range. DW has got that great "Super Solid" snare out that can be had for $700+ range if you grind a bit (BTW I've always felt that the DW lugs hide way too much of the pretty wood on thier snares and thus make me really consider the value).

Also, I really don't get that some 70/80's Black Beauty's go for so much when they still produce the same drum today! I'd much rather buy a new umloested snare than a previously owned one... even if it costs a bit more. If it has the slightest of blemishes, I won't purchase it. However, if I own it and I scratch it or ding it, well that's just weathering and character.

Posted on 14 years ago
#6
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Thanks -

All great points. I happened to pick up this drum for a lot less than it's worth - even given the current comps. I knew I'd play it very little, so I considered it an investment.

I was at a small clinic held at my local shop. Johnny was there along with a DW rep. They had one example of each model they made together, all at ridiculously low prices. I was eying the edge model, but still couldn't really justify the expense at the time. The store owner - someone I knew for a couple years at that point - knew I was leaving the show to go play a gig. He says "Take it with you. If you don't want it, bring it back tomorrow. If you do, just call me with your credit card."

You can imagine the outcome.

Posted on 14 years ago
#7
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