Archived posting to the Leica Users Group, 2010/04/10

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Subject: [Leica] Equipment "Investment" (was M9's Available)
From: mark at rabinergroup.com (Mark Rabiner)
Date: Sat, 10 Apr 2010 12:34:56 -0400

> The one argument I always use (and recently used to help convince a
> friend to buy into a D700) is to think of a camera as an investment.
> Traditionally, we think of a camera purchase only in terms of capital
> gains (buy for $7,000, sell for a loss).  But the reality, is that every
> photograph is a dividend and whether financial (sell the photographs) or
> sentimental, it has utility.
> 
> Using Frank's assumptions, we might buy an M9 in October for $6,160 (
> $7,000 * 1.1 * 0.80), for a savings of $840 over buying one
> immediately.  Except, consider the stream of dividends we'd be making
> between now and then.
> 
> The hypothetical question: would you permanently erase all of your
> images taken in the last 6 months in return for $840?  Do you have
> growing kids?  Go to special events? That makes the images even more
> priceless.
> 
> (Of course, this is not a perfectly fair proposition because of
> substitution (we all own cameras, and would be making images with our
> next best gear.) )
> 
> But the dividend rationale has brought me back to the buying counter for
> 20 years.
> 
> -rei


-  for many on the photo lists the actual practice of photography has a very
low priority. Photography is about the accumulation, temporary adoration and
trading of equipment. So the gear may as well be gold coins and you're
telling them they don't get to play Tiddlywinks with them for a few months.
The bottom line is not image making.
It's :
1. acquiring the camera.
You get to say you have it.
2. selling the cameras.
You get to say you had it.
Without of course first putting a verbal smear on it to justify the sale.
3. rinse  and repeat.

Rei you talk about image making lost they don't know what the hell you are
talking about. There is little "body of work"  development going on.
Nobodies working on their portfolio.
Seven grand of course puts a monkey wrench in the whole system as that's a
non standard of the portion of our total net worth that were willing to tie
up on a camera body with a lens on it.  Non liquid assets of any other name.

So we're reduced to comparing toy cameras  on the LUG. Pretending they have
real meaning or value in photographic image making today.
With any luck the M9s will be appealing directly to PJ's and have less MP's
and higher ISO's and a lower price point.
Like five grand usd.

Lots of those would be exchanging hands back and forth.


[Rabs]
Mark William Rabiner





Replies: Reply from passaro.vince at gmail.com (Vince Passaro) ([Leica] Equipment "Investment" (was M9's Available))
In reply to: Message from shino at panix.com (Rei Shinozuka) ([Leica] Equipment "Investment" (was M9's Available))