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#324079 - 05/12/11 10:09 PM
KN7000 - Scarcity
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Member
Registered: 09/17/07
Posts: 93
Loc: Staffordshire, England
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Hello Members,
As I have reported on these hallowed pages some time ago - the prices of 'Top End' Technics have been rapidly appreciating on Ebay.
The KN7000 has risen in price by about 300 Pounds from around 650 to 750 pounds to 1050 (1700 US Dollars) in the last 6 months! I assumed, and posted here that I thought that this price 'hike' was due to them being discovered again and being highly sought after by discerning users ........... WRONG !!!
Heres why .....
I recently bought a KN2600 to be used in conjunction with our (my wife and I) KN7000. To cut a long story a little shorter - I was really disappointed with the 2600, for many reasons, even though it was in perfect condition.
This week, I decided I would sell it on Ebay, and in particular was 'harassed' by a buyer in Indonesia - as I specified COLLECTION ONLY. He even rang me at 5am. Next thing, my 'Buy It Now' Price was bid, by a well known Yamaha Dealer, who is going to collect it tomorrow - and ship it to - Guess where ?? ....... Indonesia !!! He is paying me 450 pounds, which is about 70 Pounds more than the average Ebay Price, and 80 Pounds more than I bought it for. Add on to that this UK dealers commision, packing and shipping, and it must have cost the Indonesian guy about 700 pounds (1100 US Dollars) as a guesstimate - which is twice its UK Value !! !!
I then looked at the Indonesian Buyers feedback on Ebay, and in the last 12 months, he has bought 41 KN7000's and 13 KN2600s in UK. The actual number will be much higher, as he will have other people in UK (or dealers), buying them for him (PX's for example). My friend in Essex sold to another buyer in Indonesia a KN7000 for 1050 pounds (1700 US Dollars) some months ago, so I wondered why this is happening. Answer - they are renting them out to players in the hundreds of Bars out there, and they stick to the one keyboard as if one fails, they have spares for just the one set of circuit boards to replace.
With all these keyboards leaving UK, their 'scarcity value' and the fact they are regarded by many as still being a 'Top' Keyboard, will continue to make the value of these keyboards rise still further, I would think.
Is this a good or a bad thing, folks ?? ..... Well, its bad for me, as I was planning to buy a second KN7000 so we have one each, and I am going to have to pay 'Top Dollar' - Possibly well over 1000 Pounds, but those keyboards we already have, will hold their price for years to come, or even appreciate further in value. But we will never sell them, will we ?
Kind regards,
John
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#324108 - 05/13/11 11:28 AM
Re: KN7000 - Scarcity
[Re: Tony Deaf]
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Senior Member
Registered: 09/21/02
Posts: 5520
Loc: Port Charlotte,FL,USA
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Eventhough a good many units were sold while Technics was in business, I still think it was a sleeper. The magority of the people did not realize what the KN7000 really was.
Everytime I am getting ready for a show with it, I marvel at the things I can do so easily, and that doesn't account for the many things it can do I don't know about after nine years. Bernie
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pa4X 76 ,SX900, Audya 76,Yamaha S970 , vArranger, Hammond SK1, Ketron SD40, Centerpoint Space Station, Bose compact
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