Jump to content

14,000 WW 1 Liberty Loan Patches


Recommended Posts

Recently in MA 14,000 WW 1 Liberty Loan Patches were put on consignment with an auction house that has been listing them on eBay. ID is cncauctionhouse . Be careful not to pay the prices he is asking. He will be selling them for years and the prices will drop drastically over the next year.

https://www.ebay.com/str/worldwarpatches

If you can't stand behind our troops stand in front of them!

https://www.worldwarpatches.com

 

Link to post
Share on other sites

nothing wrong with those starting bids,,and as far as the 14,000 as a number of patches he has, I have a hard time beleaving that one. Just my 2 cents..

Always looking for Items from the 110th Pennsylvania Volunteers 1861-1865



2nd_zps212583d3.jpg

Proud Veteran of the 2nd Armored Cavalry Regiment 1987-1989



donation2009.gifdonation2010.gif
donation2011.gifdonation2012.gifdonation2013.gifdonation2014.gif



		
Link to post
Share on other sites

Thanks for the heads-up on this!

 

-Ski

In Memory Of......
Pte Harold Griffiths, 1805, 1/6th Manchester Regt, KIA June 4th, 1915 in Gallipoli
Cpl Isaac Judges, 40494, 6th East Yorkshire Regt, KIA October 3rd, 1917 in Ypres
May they rest in peace.....

MSgt - USAF Retired

donation2008.gifdonation2009.gifdonation2010.gifdonation2011.gif

donation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

donation2017.gif


Link to post
Share on other sites

Thanks Pat for the heads up.Interesting news.My take on collecting anything is this:if you're in it for the money,then sooner or later you're bound to be disappointed.

Having stated that,I'm going to throw out some thoughts on this subject.

Here's what I think may happen.Eventually,the patches will get sold,and dispersed around again.May take awhile,but prices will go up again.The seller could(but probably won't),sit on them and release them slowly,trying to keep prices as high as possible.The reason I don't think that will happen is that if he has 14k of them to sell,even if he sold them for 20 apiece he would make some pretty decent money,but then again,I would'nt know what he paid for them to begin with!

High Flight

Oh, I have slipped the surly bonds of earth

And danced the skies on laughter-silver wings;

Sunward I've climbed and joined the tumbling mirth

Of sun-split clouds - and done a hundred things

You have not dreamed of - wheeled and soared and swung

High in the sunlit silence. Hovering there

I've chased the shouting wind along and flung

My eager craft through footless halls of air.

Up, up the long delirious, burning blue

I've topped the wind-swept heights with easy grace,

where never lark, or even eagle flew;

and while, with silent, lifting mind I've trod

The high untrespassed sanctity of space,

Put out my hand, and touched the face of God.

 

John Gillespie Magee, Jr.

June 9, 1922 – December 11, 1941

 

 

 

" And each man stands with his face in the light of his own drawn sword. Ready to do what a hero can." - Elizabeth Barrett Browning

 

 

Don't let the B@stards wear you down -"Vinegar" Joe Stillwell

 

 

Reasonable people adapt themselves to the world.Unreasonable

people attempt to adapt the world to themselves.All progress,

therefore, depends on unreasonable people.

George Bernard Shaw

 

 

" Don't piss down my back and tell me it's raining" , Fletcher,from the movie "The outlaw Josey Wales"

Link to post
Share on other sites

Thanks for posting this. I bought one of these at the very reasonable (by today's standards) starting bid and it's a nice patch and I like it. It will be interesting to see how the market handles thIs glut.

 

From what I have heard it was only a matter of time before the Liberty Loan market became flooded. As owner of only a few patches in this series I'm actually somewhat excited at a devaluation of them as I would very much enjoy adding more to my collection but not at yesterday's prices. Sucks if you own a lot of them and thought of them as an investment.

 

-Vance

Follow me on Facebook @zemkecollectables

Link to post
Share on other sites

I checked these out and have no problem with them. I also think he will sell a few at his current asking prices, as the prices he has on them are very fair. However, I believe he will realize that if he cuts his asking prices in half, he will move these suckers quickly. You have to believe he will make a serious chunk of change when this is all said and done.

 

I plan on sitting back and watch what things happen.

donation2009.gifdonation2010.gifdonation2011.gifdonation2012.gifdonation2013.gifdonation2014.gif

donation2015.gifdonation2016.gifdonation2017.gifdonation2019.gifdonation2020.gif



Sell and / or trade items: http://s1080.photobucket.com/albums/j335/36tex/Military Collectables For Sale or Trade/

Link to post
Share on other sites

I checked these out and have no problem with them. I also think he will sell a few at his current asking prices, as the prices he has on them are very fair. However, I believe he will realize that if he cuts his asking prices in half, he will move these suckers quickly. You have to believe he will make a serious chunk of change when this is all said and done.

 

I plan on sitting back and watch what things happen.

 

I agree.I'm going to watch and see which route he takes;either the quick sale and to heck with the prices,or dole them out little by little and try and keep prices up.So far though,his stuff is selling.I admit I bought the 92nd "Buffalo Soldiers" piece for the asking price.It's my first and only "Liberty Loan" piece,I kept getting outbid on others(from other sellers) in the past ;man some of them went for big money!

I'm glad to have it,and have no regrets,but now I'm armed with this new info and I'll act accordingly.A couple of points I do want to make.First,no one except the seller knows how many of each there are.

There may be 13,000 of the common units and the rest the less common ones.Next,these obviously came from a hoard,who's to say that another hoarder does'nt buy them up and lock them away for another 50 years.

Also,when I think back on it,when I first started seriously collecting the VN war pieces,I was paying on the average more,sometimes alot more,than I'm paying now.

I think that several factors account for this.One,sad to say,the vets(and collectors) are passing and "new" stuff is surfacing.This is also true for the pieces mentioned in this thread too,I'm thinking.(Collectors only,the WW1 vets are long gone)

 

Anyway,it's going to be interesting,just hope that he does'nt sell the whole lot to another hoarder if everyone quits bidding on them! :D

High Flight

Oh, I have slipped the surly bonds of earth

And danced the skies on laughter-silver wings;

Sunward I've climbed and joined the tumbling mirth

Of sun-split clouds - and done a hundred things

You have not dreamed of - wheeled and soared and swung

High in the sunlit silence. Hovering there

I've chased the shouting wind along and flung

My eager craft through footless halls of air.

Up, up the long delirious, burning blue

I've topped the wind-swept heights with easy grace,

where never lark, or even eagle flew;

and while, with silent, lifting mind I've trod

The high untrespassed sanctity of space,

Put out my hand, and touched the face of God.

 

John Gillespie Magee, Jr.

June 9, 1922 – December 11, 1941

 

 

 

" And each man stands with his face in the light of his own drawn sword. Ready to do what a hero can." - Elizabeth Barrett Browning

 

 

Don't let the B@stards wear you down -"Vinegar" Joe Stillwell

 

 

Reasonable people adapt themselves to the world.Unreasonable

people attempt to adapt the world to themselves.All progress,

therefore, depends on unreasonable people.

George Bernard Shaw

 

 

" Don't piss down my back and tell me it's raining" , Fletcher,from the movie "The outlaw Josey Wales"

Link to post
Share on other sites

I believe that the seller is very astute and will not glut the market. There is more than one source now;perhaps 3or 4. They all came from one oldtime collecter and the dealer in question has the bulk of it. I am pretty sure that there is NOT an equal number of patches and that some are much more abundant and some they do not have at all. It is obvious the prices will come down and stabilize to a reasonable price remembering that these are REAL and PERIOD pieces and should sell for atleast what other WW1 patches sell . Just my thought. Mort

donation2007.gifdonation2008.gifdonation2009.gifdonation2010.gifdonation2011.gif
donation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

donation2017.gifdonation2019.gifdonation2019.gifdonation2020.gif

 

Link to post
Share on other sites

Thanks for the info Mort.It amazes me that just one collector could amass such a sizeable number of these.I'm wondering if he bought out an old inventory?

I also wonder why someone would want all of them.Must have been a"Liberty loan" obsession?!

High Flight

Oh, I have slipped the surly bonds of earth

And danced the skies on laughter-silver wings;

Sunward I've climbed and joined the tumbling mirth

Of sun-split clouds - and done a hundred things

You have not dreamed of - wheeled and soared and swung

High in the sunlit silence. Hovering there

I've chased the shouting wind along and flung

My eager craft through footless halls of air.

Up, up the long delirious, burning blue

I've topped the wind-swept heights with easy grace,

where never lark, or even eagle flew;

and while, with silent, lifting mind I've trod

The high untrespassed sanctity of space,

Put out my hand, and touched the face of God.

 

John Gillespie Magee, Jr.

June 9, 1922 – December 11, 1941

 

 

 

" And each man stands with his face in the light of his own drawn sword. Ready to do what a hero can." - Elizabeth Barrett Browning

 

 

Don't let the B@stards wear you down -"Vinegar" Joe Stillwell

 

 

Reasonable people adapt themselves to the world.Unreasonable

people attempt to adapt the world to themselves.All progress,

therefore, depends on unreasonable people.

George Bernard Shaw

 

 

" Don't piss down my back and tell me it's raining" , Fletcher,from the movie "The outlaw Josey Wales"

Link to post
Share on other sites

I believe that the seller is very astute and will not glut the market. There is more than one source now;perhaps 3or 4. They all came from one oldtime collecter and the dealer in question has the bulk of it. I am pretty sure that there is NOT an equal number of patches and that some are much more abundant and some they do not have at all. It is obvious the prices will come down and stabilize to a reasonable price remembering that these are REAL and PERIOD pieces and should sell for atleast what other WW1 patches sell . Just my thought. Mort

 

Mort, it's interesting that he sold has a fair amount of patch king, WWI patches from the 1940s. He might have 5,000 of these. Only time will tell. Dan

LOOKING FOR ANY AND ALL ITEMS RELATED TO
THE 305TH BOMB GROUP FROM WWII.

donation2008.gifdonation2009.gifdonation2010.gifdonation2011.gifdonation2012.gif

donation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

donation2017.gifdonation2018.gifdonation2019.gifdonation2020.gif

 














Link to post
Share on other sites

A little simple math would indicate a market flood and subsequent major price drop is inevitable. The seller seems to list about 45 or so a week which would take 318 weeks or 6 years to dispose of all the patches. They will either have to start selling in large groupings, drop the prices drastically or wait 6 years to dispose of everything. They seem to sell a lot of other kinds of things so I'm guessing they don't want to fool around with 14K patches for six years.

 

Garth

The three best things in life are a good landing, a good orgasm, and a good bowel movement.

A night carrier landing is one of the few opportunities to experience all three at the same time.

 

You can not pronounce as knowledge anything you can not demonstrate.

 

 

 

 

ASMIC Secretary

donation2017.gifdonation2018.gif

donation2007.gifdonation2008.gifdonation2009.gifdonation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

Link to post
Share on other sites

A little simple math would indicate a market flood and subsequent major price drop is inevitable. The seller seems to list about 45 or so a week which would take 318 weeks or 6 years to dispose of all the patches. They will either have to start selling in large groupings, drop the prices drastically or wait 6 years to dispose of everything. They seem to sell a lot of other kinds of things so I'm guessing they don't want to fool around with 14K patches for six years.

 

Garth

 

Garth, good point. Especially since it appears to be an auction house selling the patches. Do you know where the patches came from? At the recent Ft. Belvoir show, a buddy of mine said one of the long time patch guys (I didn't know him and don't recall the name) had passed away and his wife was selling his patches through an auction house or houses. My buddy said that she was was getting a million dollars for all of his patches. Something I found hard to believe until I saw this forum! Dan

LOOKING FOR ANY AND ALL ITEMS RELATED TO
THE 305TH BOMB GROUP FROM WWII.

donation2008.gifdonation2009.gifdonation2010.gifdonation2011.gifdonation2012.gif

donation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

donation2017.gifdonation2018.gifdonation2019.gifdonation2020.gif

 














Link to post
Share on other sites

 

Garth, good point. Especially since it appears to be an auction house selling the patches. Do you know where the patches came from? At the recent Ft. Belvoir show, a buddy of mine said one of the long time patch guys (I didn't know him and don't recall the name) had passed away and his wife was selling his patches through an auction house or houses. My buddy said that she was was getting a million dollars for all of his patches. Something I found hard to believe until I saw this forum! Dan

 

 

Dan,

 

I'll bet she isn't getting a million $ for the patches but is either asking or wishing she will get a million. Basic economics & marketing apply here, supply and demand. 14K liberties far exceed the demand I would imagine. Once every interested collector has what they want the rest will be virtually worthless, no demand. If these were mine I would break them up into commemorative groupings made up of one of each example and sell them that way as the WW1 anniversaries approach advertising in not just collector publications but history magazines and similar kinds of publications and of course BIN ebay sales.

 

Garth

The three best things in life are a good landing, a good orgasm, and a good bowel movement.

A night carrier landing is one of the few opportunities to experience all three at the same time.

 

You can not pronounce as knowledge anything you can not demonstrate.

 

 

 

 

ASMIC Secretary

donation2017.gifdonation2018.gif

donation2007.gifdonation2008.gifdonation2009.gifdonation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

Link to post
Share on other sites

The 14000 estimate is very low and this will damage the market for years to come.Case in point 25 years ago 300-400 Japanese Tanker helmet were found in a bunker on one of the islands they used to be worth 300.00 in the mid 80s.The price then went down to 75-100.It took 12-15 years for them to return to 300.00 they have now climbed back to 700.00 to 1000.00.I have heard from great sources that the number of insignia we are talking about is so high it will make your nose bleed.If you think the guy that has them is going to feed 25-50 of these per week for ever I think you are mistaken the wonder of it all will wear off and you will see batches of them sold to other dealers and the price will bottom out because of supply exceeding demand.I as a dealer would not buy this batch because at almost 74 I would not see them sold in my lifetime.Scotty

donation2017.gifdonation2018.gifdonation2019.gifdonation2020.gif


donation2009.gifdonation2010.gifdonation2011.gifdonation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif


Link to post
Share on other sites

Wow,thanks for the additional info Bill.I'm glad I only bought one!Which BTW,is my only Liberty Loan piece in my collection.I wanted more,but kept getting outbid on them!Now I'm glad I lost all those past auctions!Does anyone have any idea just how in the heck the original owner amassed such a huge collection?

High Flight

Oh, I have slipped the surly bonds of earth

And danced the skies on laughter-silver wings;

Sunward I've climbed and joined the tumbling mirth

Of sun-split clouds - and done a hundred things

You have not dreamed of - wheeled and soared and swung

High in the sunlit silence. Hovering there

I've chased the shouting wind along and flung

My eager craft through footless halls of air.

Up, up the long delirious, burning blue

I've topped the wind-swept heights with easy grace,

where never lark, or even eagle flew;

and while, with silent, lifting mind I've trod

The high untrespassed sanctity of space,

Put out my hand, and touched the face of God.

 

John Gillespie Magee, Jr.

June 9, 1922 – December 11, 1941

 

 

 

" And each man stands with his face in the light of his own drawn sword. Ready to do what a hero can." - Elizabeth Barrett Browning

 

 

Don't let the B@stards wear you down -"Vinegar" Joe Stillwell

 

 

Reasonable people adapt themselves to the world.Unreasonable

people attempt to adapt the world to themselves.All progress,

therefore, depends on unreasonable people.

George Bernard Shaw

 

 

" Don't piss down my back and tell me it's raining" , Fletcher,from the movie "The outlaw Josey Wales"

Link to post
Share on other sites

The 14000 estimate is very low and this will damage the market for years to come.Case in point 25 years ago 300-400 Japanese Tanker helmet were found in a bunker on one of the islands they used to be worth 300.00 in the mid 80s.The price then went down to 75-100.It took 12-15 years for them to return to 300.00 they have now climbed back to 700.00 to 1000.00.I have heard from great sources that the number of insignia we are talking about is so high it will make your nose bleed.If you think the guy that has them is going to feed 25-50 of these per week for ever I think you are mistaken the wonder of it all will wear off and you will see batches of them sold to other dealers and the price will bottom out because of supply exceeding demand.I as a dealer would not buy this batch because at almost 74 I would not see them sold in my lifetime.Scotty

Scotty, are the patches from this estate only from WWI or from all wars? I'm thinking I should hold off on buying any more patches if they're from WWII, Korea and Vietnam as well!

LOOKING FOR ANY AND ALL ITEMS RELATED TO
THE 305TH BOMB GROUP FROM WWII.

donation2008.gifdonation2009.gifdonation2010.gifdonation2011.gifdonation2012.gif

donation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

donation2017.gifdonation2018.gifdonation2019.gifdonation2020.gif

 














Link to post
Share on other sites

Wow.There must have been alot of these left over and he was probably in the right place at the right time.Thanks for the info Scotty

High Flight

Oh, I have slipped the surly bonds of earth

And danced the skies on laughter-silver wings;

Sunward I've climbed and joined the tumbling mirth

Of sun-split clouds - and done a hundred things

You have not dreamed of - wheeled and soared and swung

High in the sunlit silence. Hovering there

I've chased the shouting wind along and flung

My eager craft through footless halls of air.

Up, up the long delirious, burning blue

I've topped the wind-swept heights with easy grace,

where never lark, or even eagle flew;

and while, with silent, lifting mind I've trod

The high untrespassed sanctity of space,

Put out my hand, and touched the face of God.

 

John Gillespie Magee, Jr.

June 9, 1922 – December 11, 1941

 

 

 

" And each man stands with his face in the light of his own drawn sword. Ready to do what a hero can." - Elizabeth Barrett Browning

 

 

Don't let the B@stards wear you down -"Vinegar" Joe Stillwell

 

 

Reasonable people adapt themselves to the world.Unreasonable

people attempt to adapt the world to themselves.All progress,

therefore, depends on unreasonable people.

George Bernard Shaw

 

 

" Don't piss down my back and tell me it's raining" , Fletcher,from the movie "The outlaw Josey Wales"

Link to post
Share on other sites

It appears there are now two ebay sellers of the Liberty horde: cnauctionhouse and histroicalauctions both are located is Massachusetts oddly enough.

The three best things in life are a good landing, a good orgasm, and a good bowel movement.

A night carrier landing is one of the few opportunities to experience all three at the same time.

 

You can not pronounce as knowledge anything you can not demonstrate.

 

 

 

 

ASMIC Secretary

donation2017.gifdonation2018.gif

donation2007.gifdonation2008.gifdonation2009.gifdonation2012.gifdonation2013.gifdonation2014.gifdonation2015.gifdonation2016.gif

Link to post
Share on other sites
Guest
This topic is now closed to further replies.
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.