Tag Archives: used pens

How Do I Start Collecting Pens? Investing

“How do I collect pens for investment?” is probably one of the most difficult questions I have to answer. Like all the investment prospectuses out there state, “Investing requires a degree of risk with no guarantee of success.”

There are several strategies that can help an investor looking to profit on pens, but it is important to understand several key facts before investing.

• The market for pens is constantly changing.
• Cashing out for a profit can be difficult.
• Even the most reputable retailers on earth don’t pay full retail for pens they are going to resell.
• Like every good drug dealer knows: “Don’t get addicted to your own product.”

RULE #1: Buy low, sell high. Sounds easy enough, but it doesn’t always work that way.

MINIMIZE SELLING COSTS: Most people love the collecting side of this wonderful hobby. They love the hunt, or they love using the pens. Yet, the first thing any investor-collector should think about is how they are going to offload their pens while getting their money out of them.

All of the major retailers online, such as myself, are looking for deals like any investor. If you have a rare pen that sells for $2,000, retailers like me aren’t going to pay you $2,000 for it, just so we can turn around and sell it for $2,000. Clearly, that is all risk and no reward for the retailer. And unless you found this pen for $50, you might be really upset if the retailer only offers you $1,500 or less for a $2,000 pen.

Auction sites and payment-receiving companies such as PayPal and Square charge any number of fees and commissions. These can quickly add up and dig into a substantial part of your profits.

Your best bet might be to sell your pens one-on-one at pen shows, in free social media listing pages or some place such as our Trading Post. We charge a one-time $5 fee for a single posting. You keep your pen and handle the transaction as you see fit. There are no other fees or commissions when you sell the pen. Just tell us it is sold, and we’ll delist it.

RESEARCH, RESEARCH, RESEARCH: If you are serious about investing in pens, knowledge is power. There are huge differences between why one pen might get an astronomical amount of money and why another pen that looks nearly identical wouldn’t. There are so many nuances that affect values. Plus, if you like modern pens…and even some vintage ones…you need to learn how to spot the fakes. Furthermore, it is critical to also research the trends in what is selling and at what prices it is selling.

Flexible vintage Waterman nibs such as these from the 1920s are in exceptionally high demand in 2018.

DAY TRADING: Okay. The market for pens doesn’t move nearly as fast as it does for “day traders” on Wall Street. However, if you know what is really hot on the market right now and know you can quickly find a customer who will pay full price for it, you can make a lot of money. The trick is to know the market really well and not hold on to the pen for too long.

For example: As of this writing in November 2018, really flexible Waterman nibs from the 1920s are in peak demand. Everybody wants a flexi nib! So if you can find a Waterman 52 with a “wet noodle nib” in an antique store or flea market for $25, fix it up and sell it in a few days for $150 to $200, you’ll have made a great investment.

The trouble is that what is popular can seemingly shift overnight. About 10 years ago, everybody had to have an impossibly extra-fine nib on their vintage pens. If the line was so fine that you couldn’t even see it, that was perfect. Modern Japanese nibs can get that fine, but most vintage nibs were made for fine to medium writing. Thus those vintage extra-fine nibs were hard to find. Then one day I showed up at a pen show loaded with extra fines and nobody wanted them. The fad was over.

THE LONG GAME: Most people want a blue-chip stock they can buy at age 30, hold for 30 years and cash out at 60 for a tidy profit. They exist, of course, but they are less obvious than most people might assume. Take a Montblanc 149 fountain pen. They retail brand new for around $1,000. People who aren’t into pens might assume it will only hold that price and appreciate with time…but it won’t. Gently used 149s from the 1970s through ’90s are retailing for around $400 to $450. However, if you bought it in 1979 for $150…you’re doing okay. Yet, given how little has changed about them during the past 40 years, it isn’t likely you’ll make a profit on a new one sold from an MB boutique today. Nevertheless, an early 1950s’ 149 is resurgent on the market and attracting serious money that isn’t likely to subside for some time.

Hand-painted Montblanc Mythical Creatures series pens are genuinely rare pens that might appreciate in value, as they only made 1,500 of each…unlike the Writers’ Series pens which are made by the 10s of thousands.

A lot of people invest heavily in “limited edition” pens, but I am beginning to question how long those prices will last. With the exception of the Montblanc Writers’ Series Hemingway, Poe and Agatha Christie, most of those pens aren’t holding their original retail value. The trouble is that they aren’t really limited. MB makes tens of thousands of them every year. Everybody who wants one gets one. Most people treat them gently or don’t use them at all. There will come a time in the next 10 to 20 years when everybody either starts selling them off to cash in or passing them down to their children who don’t want them and sell them. When that happens, there will be a glut on the market. Frankly, I’m already seeing signs of that now.

Yet, maybe genuinely limited pens of say 1,500 or fewer, like the hand-painted Montblanc Mythical Creatures series, will appreciate more because so few were made…and they were more handmade than the more common pens. (Although even these pens are a little down in price at the moment.)

LeBoeuf #8 fountain pens are among the rarest grail pens for vintage pen collectors. These were among the first celluloid pens ever made…and are stunningly beautiful.

Vintage pens are a different matter. Blue chips might include an oversized #8 LeBoeuf, senior-sized mandarin yellow Parker Duofolds, Nassau green Parker 51s with double jewels and vermillion Sheaffer Snorkels. Each is a rare color variant on a popular pen. Prices might fluctuate over time, but their values ought to hold.

Playing Devil’s advocate to myself, nearly impossible to find grail pens spanning 1900 to 1925ish are once again becoming much more available as the original collectors are beginning to pass on. Younger, newer collectors are not as familiar with those pens and likely haven’t the money at this stage in their careers to purchase them…and so those prices are actually crashing a bit. It is unclear at the moment if new generation collectors will ever have much interest in the earliest fountain pens. Speculators might be wise to let the prices keep coming down and snatch a few up at “bargain” prices to hold for another 20 years or so. BUT, there’s no guarantee it will pay off.

Younger collectors were laughing at me the 2018 Ohio Pen Show when I said they should hold on to their TWSBI Ecos. These are $15 pens that are a scorching hot fad in affordable fountain pens. But who is to say that these new pen users and collectors in their early 20s and early 30s won’t get nostalgic for them in another 30 years, when they start looking back on how they got into pen collecting. Who knew those 1970s and ’80s Star Wars action figures and spaceships I played with all the time would now be worth a fortune? If only I hadn’t sold them all in a garage sale at age 12.

In closing, you can make a lot of money by investing in pens if you carefully research what it is you are investing in, know well the market and trends in collecting, buy low and sell high and have an inexpensive way to sell your investments. Good luck!

Ohio Pen Show Bound!

Wow! What a whirlwind year! I can’t believe it is already time to go to Columbus for what will likely be our last pen show for the year. The Ohio Pen Show is always a great one.

These are just the repairs we’re delivering to customers at this year’s Ohio Pen Show. Just imagine the goodies you haven’t yet seen on this site that will be coming!

Look how busy we’ve been. These pens are just the repairs we’ve done to deliver to customers at the show!

Terry and his sons always put on a helluva good show, and I cannot wait to see them and all of my many other friends in Columbus. If you are going this year, please keep a look out for me. My table is in the main hallway, just outside the main entrance to the big room at the show. Be sure to stop by and say “Howdy.”

Well, I best get to fixin’ some more pens for you at this year’s show. See ya in a week!

2018 DC Pen Show or Bust!

After last year’s chaotic but successful pen show, we are hitting the road for the 2018 DC Pen Super Show!

We’ve spent the past month cleaning, polishing and organizing more than 300 vintage and modern pre-owned luxury pens not yet online for this show. This photo shows only a tiny fraction of what we will have available.

This is just a tiny fraction of the more than 300 vintage and pre-owned modern pens not currently on our website that we shall carry on our table at the DC Pen Show this weekend.

Omas, Delta, S.T. Dupont, Namiki, Montegrappa and rare Pelikans will make a splash. Plus, we’ve loaded up on Montblanc from the 1970s and ’80s. In addition to that we’ve been adding a dozen ultra-rare Esterbrook pens, rare vintage Waterman pens and many great vintage Parker and Sheaffer fountain pens.

Naturally, we are returning with our Lamy nib testing station that was a huge hit last year. It will be loaded with this year’s limited edition Safari and Al-Star designs, as well as many great traditional colors. We’ve restocked Lamy ink, too!

We will have something for everyone. With a total of more than 600 pens in every price range on our table, if you can’t find a new treasure to love…you just don’t like pens.

How Do I Start Collecting Pens? Vintage vs. Modern

You can’t go wrong with vintage or modern pens. In either case, it is best to do a little research to know what to look for to get the best deal. It also helps to know if you intend to use or display them.

MODERN PENS

Most people who are new to collecting pens start with more modern pens, and this is a great place to start. When you buy new, you aren’t buying into any problems not covered by a warranty. Plus, you can frequently find less expensive pens that help you get acclimated to the hobby while satisfying your jones for awesome writing instruments. If you’re enjoying your TWSBIs, Kawecos, Heros and Lamys, just revel in the joy they bring and don’t let any pen snobs get you down.

Lamy calligraphy nibs range in size from 1.1mm to 1.9mm. Each provides a distinctive nuance to you handwriting. The Lamy Joy fountain pen set is a great way to try all three sizes for fewer than $70.

The aforementioned brands are all great places to build up a daily-use collection on a budget, and you typically get great steel nibs with the Lamy pens and TWSBIs. Experiment with nib sizes and inks. The more you write with them, the better you will understand characteristics of fountain pens such as smoothness, feedback, flex, flow and the size grips (In more technical fountain pen parlance, the part you grip is usually called the section.)  that feel best.

Once the collecting bug has bitten, you might be tempted to branch out into vintage users, luxury users or vintage or luxury collectible pens. We will get to vintage in a minute, but for now we’re sticking to modern.

Like any car you buy brand new, the second you buy a brand new luxury pen, its price drops the when you bring it home. If you buy new, you get all of the joy of being the first to use the pen and are guaranteed it will be displayed without any damage. Yet, there is a great deal of money to be saved by purchasing luxury pens from Cross to Montblanc on the second-hand market.

To safely buy second-hand, it is best to have two checklists of things to investigate before spending your hard-earned money: the dealer and the pen.

As far as dealers go, check to see if they are established and reputable. Ask around on social media forums. Investigate the website. Check out their social media accounts and reviews. Is there a return policy? Do the descriptions honestly address damage and wear on the pens? Some pens might be perfect and listed as new old stock. But if a pen was clearly a daily user and is still described as absolutely flawless, get suspicious. Ask questions of the dealer. Most should get back to you within a day, unless they are traveling to a pen show. Feel free to ask for more photos. If you are buying from an auction site, never pay “buy it now” prices, as they are usually hyperinflated. Check the seller’s rating. If they have a few hundred or more sales with a 98% or higher approval rating, you’re probably pretty safe. Some bad vendors just keep creating countless new accounts to shed their old bad ratings. Don’t be afraid to buy from a brand new auction vendor, but don’t go crazy-high bidding. Also, especially on auction sites, set a budget for a pen. Even some fairly rare pens come up pretty often. Don’t be afraid to let them go until the right one comes along for your budget.

Montblanc pens are often authenticated by their serial number, “Pix” written under the clip and by coming complete with their box and papers.

If you are buying a pen as a user, make certain that the pen is in good working order. Get a good description for how the nib writes. If you are buying for display, make sure the pen is complete with minimal or acceptable wear. If you are at a store or pen show, ask to dip the nib and give the pen a scribble. Research ways to authenticate that the pen is not a fake. Most modern Montblanc pens since the mid-1990s have a serial number on the clip band, the word “Pix” in high relief under the clip and various models have other telltale signs of authenticity. For example: The black “precious resin” of the caps and barrels is really a translucent merlot red when held to sunlight or another strong light source. Most fakes of any brand also don’t have the original box and papers. Pens with boxes and papers typically carry a premium compared to ones that don’t.

VINTAGE PENS

Do not be daunted by the world of vintage pens. It is a ton of fun. Start slow. Get a feel for what you are doing. Do lots of research, and grow as you feel more and more comfortable. Unless you are independently wealthy, don’t start by spending $1,200 on a mandarin yellow Parker Duofold Senior that needs a complete overhaul. Start safely with a few fully restored $50 Parkers, Sheaffers or even Esterbrooks.

Sheaffer’s early nibs of the 1920s featured heart-shaped breather holes. Who says fountain pens aren’t romantic.

There are tons of great books and websites dedicated to vintage pens that can help point you in the right direction. Whether you want to restore, write or display, it won’t take long to get into the swing of vintage. Plus, most of these pens were designed specifically for daily use. Hardcore vintage pen lovers are convinced their nibs are better than most modern nibs. Plus the pens are more lightweight and designed not to let you cramp up during the writing of a long letter or journal entry.

Unless you are collecting for display, it is vital to know if the pen has been restored before you purchase it. Restored pens will cost more than unrestored, but there is no worse surprise than thinking you’re buying something that works only to discover it doesn’t. Even vintage new-old-stock pens might have some wear from rattling around a desk or drawer, so be sure to know what type of damage it has. Also find out about the pen’s nib? Is it original and/or in great working order? What size line does it write? When buying online this can be tough to gauge. The dealer might honestly find it is perfectly smooth because of the angle she or he writes, and you might write from a different angle that has feedback with the same nib.

If buying a vintage pen in person, always ask to see the pen before you pick it up. It is a very nice courtesy that saves dealers many broken or misplaced pens. When examining it, look it over closely for wear, discoloration and stains. Gently place the cap on your thumbnail and pretend to screw the pen on to your thumb. If there is a crack, your thumbnail will likely snag on it long before you can see it. Run your thumbnail over the threads of the barrel, too. Some cracks hide there, too. Ask to gently work the filler without ink to make sure it works. Again, ask to dip the nib to see how it writes. Try to get as close to your usual writing position as possible. Also check to see the strength of the barrel and/or cap imprints. Is there brass shining through the gold plate on the clip, cap band or lever?

PRICING

Comparison shopping is easier than ever in the age of the internet. Every site has its own pricing strategy, some offer better deals on certain pens than others. Follow pens on auctions sites to see what they are going for, too. You can even look up pens and check their “sold price.”

Mandarin Parker Duofolds are very fragile and rare. They are among the most expensive vintage Parker Duofolds.

If you see what look like two similar pens of drastically different prices, feel free to contact the vendor to ask why. Sometimes, subtle differences between pens can have huge effects on the price. One orange hard rubber senior Parker Duofold with two cap bands might look almost identical to the same pen in an early orange hard plastic, but their prices are going to be vastly different. (The old orange hard rubber is a lot rarer and more expensive.)

 

BUILDING RELATIONSHIPS

Dealers are not usually hard, cruel keepers of pens. We like getting to know our customers. Don’t be afraid to e-mail or call with questions. If you build a good relationship with a dealer, they are likely to keep a lookout for pens you want at better bargains…giving you the first option to buy. Who doesn’t love dibs on great pens before the rest of the public can see them?!

Goodies from the Ohio Pen Show

November has been a crazy-busy month. First, I turned 40 near the start of the month. Friends flew in from Montana, and others locally joined in for much mirth and madness.

Here are three trays of new fountain pens for this website. Most of them are already fully restored!

Here are three trays of new fountain pens for this website. Most of them are already fully restored!

The following weekend saw me in Columbus, Ohio, enjoying their glorious pen show.

This weekend was Thanksgiving weekend.

I haven’t forgotten you, loyal readers. I’ve just been recovering and gearing up for a killer Cyber Monday and a spectacular holiday shopping season.

Ohio was wildly successful for all of the new connections, old friends and amazing pens. I finally got to meet the incredible nib specialist Richard Binder. I also met the legendary pen repairman Ron Zorn. Jonathan Veley gave me my first lesson in vintage pencil repair. A Mont Blanc specialist was able to assist in several specific repairs.

I picked up this mandarin orange Sheaffer Snorkel Statesman and Fiesta Red Clipper for my own collection, I love them

I picked up this mandarin orange Sheaffer Snorkel Statesman and Fiesta Red Clipper for my own collection, I love them




I scored more than 30 new pens for your perusal, and I picked up two rare color Sheaffer Snorkels. A mandarin orange Statesman and a fiesta red Clipper made my entire trip. Sorry, folks, I’m keeping those two for myself.

Yet of the 30+ new pens, there are ample rare colored 51 pencils to match up with any solitary pens in your collection. Pelikans, Parkers and Sheaffers make up the bulk of the collection. Yet, my favorite is a sky blue Conklin! It is difficult for me to resist it’s pull.

We’ve Struck the Motherlode!

Witness more than 300 vintage and modern fountain pens and writing instruments we have recently acquired for the website! If anything catches your eye, ask and we'll tell you all about it.

Witness more than 300 vintage and modern fountain pens and writing instruments we have recently acquired for the website! If anything catches your eye, ask and we’ll tell you all about it.

It has been a while since we updated these pages, but we’ve been extremely busy putting together 3 huge acquisitions of vintage and modern pens. We have tons of vintage Sheaffers, Parkers, Conklins and Waterman fountain pens as well as preowned pens by Mont Blanc, Parker, Caran d’Ache, Pelikan, Waterman and many others.

You will soon see more than 300 writing instruments available…once we restore them all to their former glory. We have great pens ranging from a Parker 20 1/2 Jack Knife Safety pen to red Wahl-Eversharp Dorics to early wide-bodied Sheaffer TouchDowns to half a set of oversized Sheaffer Balance Lifetimes with their original nib stickers including Extra Fine, Fine, Medium and STUB!

The Mont Blanc pens include a Writer’s Series Agatha Christie and many bargains on the standard Meisterstucks!

Keep checking in to see what is new every day on our vintage pens pages and pre-owned pens pages. Enjoy!

Great Finds @ Atlanta Pen Show

It has taken us nearly a week to recover from the awesomeness that was the Atlanta Pen Show. It was that good. The show was packed with collectors on Saturday and Sunday. We got to meet hundreds of people, and we saw more awesome pens than we could afford.

I did come away with a handsome Sheaffer PFM in maroon with a factory italic nib. It is wonderful, but I otherwise restrained myself.

However, along the way we met some great folks at businesses who are tied to our inky world. They weren’t other pen dealers so much as writing enthusiasts.

Cursive Logic is a new way to help teach kids how to write in cursive, when it is no longer being taught in many schools!

Cursive Logic is a new way to help teach kids how to write in cursive, when it is no longer being taught in many schools!

You might recall my series of blog entries about the demise in cursive writing education in America. Well, we met a woman who is as concerned about it as you and I are. More so, in fact. She has started her own cursive-writing teaching system called Cursive Logic. It is for kids who want to learn to write cursive outside of the classroom. I highly recommend checking out her website! www.cursivelogic.com

The folks at Candy Spotting make really incredible laser-cut cards with witty slogans and puns!

The folks at Candy Spotting make really incredible laser-cut cards with witty slogans and puns!

Another cool business we encountered is a new greeting card company called Candy Spotting. They make specialty laser-cut designs in cards, such as this one with a fountain pen nib! Many of their other cards are similarly witty. I highly recommend checking out their website at www.candyspotting.com!

Of course, there were many wonderful collectors and dealers with whom we got to talk and swap stories. It was wonderful seeing everybody again from last year, and I cannot more highly recommend the wonderful Southern hospitality. Visit if you can next year.

In the meantime, we are only a week away from the oldest pen show in the country: the Chicago Pen Show! Please come and say hi to us there!