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Author Topic:  closet steels
Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 6:57 am    
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Hi to all
Why do most all of us have several very nice steels in our closet and hardly ever play them? Wouldn't it be better if we offered them for sale so that someone could get some use. Why do we hang on to them. I am not convinced that it is a very good investment. If we took the money from the sales and put it in a bank CD just think of all the money we could get....lets see.. My bank offers 1.3 % on a five year CD..so on 3000 dollars we could get around 30 dollars a year......wow (did I figure it right?)

Does your closet guitar increase in value every year by 30 dollars

I have a very nice single PP in the closet,also a very nice Sho Bud LDG. Absolutely great guitars BUT..I have a Mullen g2 that gets all the playing time.
The g2 is all anyone would ever need and its a shame that the others are just sitting there.

What say you?
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Doug Palmer


From:
Greensboro, North Carolina, USA
Post  Posted 16 Mar 2013 7:05 am     Closet gtrs
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Reminds me of that Paycheck song, 'Like an old Violin'. I have 3 steels currently. My old push-pull stays set up in my music room. I practice and teach on it only. I play out with either an Emmons D-10 LeGrande III or Emmons ST-10(SD) push-pull. It does seem sad to put a nice guitar in a case and never play it, but I understand the investment angle too.

Doug
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John Swain


From:
Winchester, Va
Post  Posted 16 Mar 2013 7:21 am    
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Robert,I was thinking about this after bookmarking an Inflation Calculator website...I sold a Emmons Pushpull in 1976(8+6) for $1000..the inflation on that $1000 would equal $3800 today but a premium p/p is likely to sell close to that..it's much different than buying a computer,so having closet guitars may be a good investment strategy.....JS
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Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 7:34 am     investment
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Well John and Doug
I don't know about the investment idea. I haven"t struck it rich yet by hoarding steel guitars. I think that we all love steels so much that it clouds our minds and we think that we have to have lots of them.

The new guitars that are being built today are so reliable.
I think it is the mojo of the old ones that everyone likes. Nothing wrong with that..

I am thinking of all this because I'm thinking about selling my closet guitars. Maybe put the money on another new guitar. I love my new g2
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Pete Burak

 

From:
Portland, OR USA
Post  Posted 16 Mar 2013 7:35 am     Re: closet steels
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Robert Cates wrote:

Why do most all of us have several very nice steels in our closet and hardly ever play them?...


How did you draw that conclusion?
Everyone I know that has more than one steel has them set up for playing.
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Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 7:50 am     true
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Well Pete
I said most all not all. But you are right, I shouldn't jump to that conclusion..
The number of steels a player has does not a steeler make.
It seems like 2 steels is a good number. One set up in your music room and one ready to go out the door.
I guess what I was getting at is ,,It doesn't make much sense to have lots of steels in your closet for investment purposes.
I don't mean anything bad to anyone that does

Bob
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John Scanlon


From:
Jackson, Mississippi, USA
Post  Posted 16 Mar 2013 8:26 am     Re: closet steels
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Robert Cates wrote:
Hi to all
Why do most all of us have several very nice steels in our closet and hardly ever play them? Wouldn't it be better if we offered them for sale so that someone could get some use.

Why yes, it would be better? Why *don't* y'all offer those up for sale more often to the rest of us?

Robert Cates wrote:

I have a very nice single PP in the closet,also a very nice Sho Bud LDG. . . . just sitting there.

You basically have my dream PSG in your closet.
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Larry Bressington

 

From:
Nebraska
Post  Posted 16 Mar 2013 8:27 am    
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Woodshed guitar/Road Guitar...No closet guitars...I could barley afford a woodshed guitar for 20 years. Smile

Kay les pauls' maybe! Laughing
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Last edited by Larry Bressington on 16 Mar 2013 8:28 am; edited 1 time in total
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John Scanlon


From:
Jackson, Mississippi, USA
Post  Posted 16 Mar 2013 8:27 am     Re: closet steels
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[quote="John Scanlon"]
Robert Cates wrote:
Hi to all
Why do most all of us have several very nice steels in our closet and hardly ever play them? Wouldn't it be better if we offered them for sale so that someone could get some use.

Why yes, it would be better? Why *don't* y'all offer those up for sale more often to the rest of us? Wink

Robert Cates wrote:

I have a very nice single PP in the closet,also a very nice Sho Bud LDG. . . . just sitting there.

You basically have my dream PSG in your closet. Mr. Green with envy.
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Bent Romnes


From:
London,Ontario, Canada
Post  Posted 16 Mar 2013 8:42 am    
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A friend of mine has two steels in his closet..An S-10
MSA from around 1976 and a D10 Dekley in great condition. He told me a while ago that he would sell the MSA for around $1600 and indicated that the Dekley was worth it's weight in gold. So with that kind of a price I took it that he wouldn't let go of them for any price.
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richard burton


From:
Britain
Post  Posted 16 Mar 2013 8:51 am    
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I've invested such a lot of time and effort into my steels, making them fit me like a glove, making them play like butter, etc, that they are now woven into the fabric of my life, even though they spend more time in the closet than set up.

I occasionally consider selling some of them, but when I set them up and play them, I re-connect with them and selling is not an option.
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Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 9:09 am     right on Richard
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Richard
What you said is right on..I know what you mean. It is amazing how many times you hear people say on here... "I sold the best steel that I ever owned and I would like to have it back".
Its got me afraid to sell mine because the chances are that it is the best steel that I will ever own.

John I hope that I am not the one who is keeping you from owning your dream guitar. Be patience and keep watch and you will get your chance.
Best of luck to you

Bob
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Jerome Hawkes


From:
Fayetteville, North Carolina, USA
Post  Posted 16 Mar 2013 9:19 am    
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The reason I keep the ones around I don't play is its a lot harder to find a good steel than you might think - you can't just run up to Guitar Center and buy one. Sure, if we're talking new steels that doesn't make sense. I do that with guitars too, but steels are different in that 1 steel can cover about everything you need. If you play guitar...well, you "gotta have" a tele, strat, LP, acoustic, etc. It can get outa hand real quick.
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chris ivey


From:
california (deceased)
Post  Posted 16 Mar 2013 9:29 am    
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robert...in your case i think you should sell your steels.
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Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 9:35 am     really
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OK I'll bite

Why? Chris
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John Billings


From:
Ohio, USA
Post  Posted 16 Mar 2013 9:57 am    
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Went from 5 down to 4 this week myself. It went to a very good home!
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Lane Gray


From:
Topeka, KS
Post  Posted 16 Mar 2013 11:01 am    
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Bent Romnes wrote:
A friend of mine has two steels in his closet..An S-10
MSA from around 1976 and a D10 Dekley in great condition. He told me a while ago that he would sell the MSA for around $1600 and indicated that the Dekley was worth it's weight in gold. So with that kind of a price I took it that he wouldn't let go of them for any price.


Bent, at roughly 45Kg for the Dekley (remembering they're roughly equal to the MSA), that comes out to 1,446 Troy ounces. At Friday's close, gold price sat at $1592/Toz. That means he values his Dekley at $2302032. I'll let someone else take that deal
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Jerry Overstreet


From:
Louisville Ky
Post  Posted 16 Mar 2013 11:30 am    
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Damn hoarders Exclamation Laughing Laughing Laughing
Seriously, I suppose if you have the right one, holding on to it for years might return a healthy sum at some point.

I don't know why you would feel any obligation to sell them unless one just wants or needs to. They make pretty good doorstops and hold the floor down quite nicely as well. Winking
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Bo Borland


From:
South Jersey -
Post  Posted 16 Mar 2013 11:52 am    
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MY Grandmother used to say you can't dance at two wedding with one tuchas. She never played pedal steel .

Laughing
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Robert Cates

 

From:
Maine, USA
Post  Posted 16 Mar 2013 12:08 pm    
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I feel no pressure to sell my steels but I was wondering if it was prudent to keep them. I do not believe that they will be worth a large sum in the future. Plus I do not live in the future,I live in the present. In the future I will not be here and my wife will have to deal with them.

No big deal..I was just looking for a reason why some of us keep closet guitars. Thats all

All is well in Mudville

What is the difference between a Troy ounce and a regular ounce.
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Jerry Overstreet


From:
Louisville Ky
Post  Posted 16 Mar 2013 12:26 pm    
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Points taken Robert....and they're good ones. No harm intended. I should have noted the "you" as being in the editorial use v. personal. Smile
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Dave Hopping


From:
Aurora, Colorado
Post  Posted 16 Mar 2013 12:49 pm    
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Well,the bit about the wife having to deal with them (and the PA,the six-strings,amps,old cars,etc)would be the big motivator for me.Somehow Bernadette Peters got it right in "The Jerk" when she said:

"It's not the money.

It's the stuuufff".
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Georg Sørtun


From:
Mandal, Agder, Norway
Post  Posted 16 Mar 2013 12:58 pm    
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Needing good instruments to play on on each side of the pond, I have 2 Dekleys as main PSGs. In addition there are 2 "lab-rats" that I can experiment with copedents on - a GFI and an MSA - before transfering the good changes to main PSGs.
To top it up I have a CarpSteel over in Norway for if/when I want to "go light in a hurry". Doesn't happen too often these days but the CarpSteel is nice and doesn't take up much space.

All (5) steels are set up most of the time. I just have to connect the one I want to play since I only have one amp and effect setup at home in Norway and (an identical) one in the US. I am pretty much done with amp/speaker/effects experimentation for my steels, and for that matter I am also pretty much done with testing out steels.


At some time in the future I may set up normal copedents on the two "lab-rats" and sell them. They're not worth much so will probably go cheap.

My two Dekleys and the CarpSteel will probably stay with me for life though - someone else will have to dispose of those, as all 3 have something unique about their "tone" and overall action that I'll miss if they go before me.
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Gary Lee Gimble


From:
Fredericksburg, VA.
Post  Posted 16 Mar 2013 2:01 pm    
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Bo Borland wrote:
dance at two wedding with one tuchas
Laughing


Indeed Bo, and BTW, said tuchas was @two weddings once, fueled up by a sportsman flask filled with slivovitz. We're talkN major collateral damage and I played steel too...dancing? well, your grandma would have been proud...but between breaks only...
sorry for the topic drift...
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Larry Baker

 

From:
Columbia, Mo. U.S.A.
Post  Posted 16 Mar 2013 2:16 pm    
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Robert , I would be interested in the LDG if you decide to part with it. Thanks, Larry
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