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Old 06-24-2014, 12:54 PM   #6
Dave
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Join Date: Jan 2006
Location: Vermont
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Here's how I look at that. It's not worth $1000 to a knowledgeable collector based on the current information, but might sell for that to someone who believes it's worth more. Look at some of the crazy minimum bid prices on eBay, for instance. Many of those aspirations are based on seeing what "somewhat" similar ones sold for in the past. I recall a refinished Jacuzzi propeller that sold years ago for $12,000. I don't believe its market value was 10% of that, but I suspect each bidder figured it was worth at least the last bid, so they tried to outbid each other.

There's no question that authentic early propellers in original condition are highly valued now, especially when there is good evidence of the aircraft and engine for which it was manufactured.

See this tutorial on valuation.
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Dave
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