The Cutting Edge

The official blog of Knife Depot

Category: Knife Collecting

Negotiating Knife Prices

If you’re an avid knife collector, there’s a good chance you’ll be buying some of your blades at knife shows or antique shops.  In both of these situations, prices are usually negotiable. If you want to get the best deals, it’s important to have a basic understanding of the fundamentals of negotiating.  Here are a few tips.

antique pocket knivesAsk a ton of questions

If you’re interested in a knife, you’ll likely have all sorts of questions, like:  What’s the knife made of? How old is it? What kind of handle does it have?  What’s the best way to sharpen it? Etc.  Use these inquiries to not only find out information about the knife, but also loosen the seller up.  People are generally more receptive to lowering prices for a buyer they feel they have a repoire with.

Don’t show too much excitement

Even if you’ve just stumbled onto an antique Bowie knife that you’ve been coveting for years, it’s important not to start drooling in front of the seller.  If you make it obvious how enthused you are about a knife, it’s more difficult to bargain hard for a good price.  Keep yourself in check and play it cool.  If the seller thinks that knocking a few bucks off the price will turn you into a buyer, he’s much more likely to do so.

Don’t be unfriendly

One of the biggest misconceptions about the art of bargaining is that you have to be rude or confrontational to excel at it. If you approach a negotiation with this attitude, you’ll likely rub the owner the wrong way.  Instead, be as amicable as possible.  Make small talk, smile and don’t grow angry if you don’t get your way.  When you’re drawing a line in the sand, do it with a smile.

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Your Old Knives Can Fetch Big Money at Road Shows

With several collectible road shows popping up around the nation in the few next weeks, you could have a serious opportunity to make money by selling old knives or family daggers hidden away in your attic.

These road shows, like the Treasure Hunters Road Show taking place right now, seek out old knives and swords passed down from generations.

Some of the most lucrative type of collectible knives are those from World War I or World War II.

A great example of this is a recently sold dagger used by Germans in WWII. Although the dagger, called an SA Dagger, was not necessarily rare, its mint condition shot up the value three or four times the regular price.

The dagger, sold to the American Rare Collectibles Association, was passed down to the former owner from his father who was a U.S. soldier. During WWII, his father helped capture German supplies, which included new daggers.

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How Not to Get Your Pocket Knife Jacked by TSA

It happens to thousands of knife owners every year. You’re headed through security at the airport.  You’ve taken your shoes off, removed your belt and diligently placed your laptop in the required bin.  Then, as you’re walking through the metal detector, you hear the shrill beeping that signifies that something on your person is not allowed and you remember, suddenly, that you’ve completely forgotten about your pocket knife.

According to a 2009 CNN report, airports confiscate an estimated 13 million items annually. One of the most common are pocket knives.  Many Americans carry a pocket knife everyday, either as part of their key chain or as a work tool, and too often they don’t remember to put it in their checked baggage.  So, what can you do to avoid getting you knife swiped by TSA?  Here are some tips.

Pack your knife in your checked bag

According to TSA guidelines, the only knives you can carry on are ones with plastic or rounded blades (butter knives).  However, almost any knife can be transported to your destination, if it’s checked.  Want to bring your sushi knife on Christmas vacation?  You can check it.  Just bought a new samurai sword that you don’t want to part with?  Check it and you’re fine.

You can also check meat cleavers, sabers, ice picks, hatchets, axes and saws. What does all this mean?  When in doubt, check your bag.  Just remember, if you’re checking a sword, saber, dagger or other big blade, it needs to be properly sheathed.

But, what if you forget to check and get nabbed at security with your blade?

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How To Start A Successful Knife Collection

knife collectionWhether you’re a knife enthusiast or looking for a hobby that will make you money, knife collecting can be a rewarding activity. Knife collections fetch thousands of dollars on sites like Ebay, Craigslist and Knife Auction, but if you don’t know where to begin, things can quickly get complicated. Here are a few tips for beginners who plan on venturing into the fascinating world of knife collections.

Tip #1: Pick what type of knife you want to collect

While many knife admirers may have the urge to buy and collect all types of knives, it’s important, at least to begin with, to focus on one type. Fortunately, there is a large range of knife types you can pick from, including pocket knives, daggers, swords, Bowie knives and antiques. Selecting just one variety gives you a clear focus, so you are not overwhelmed by the numerous choices.

Tip #2: Set a budget

This might seem like an ancillary point, but it’s extremely important to consider before embarking on a collection. Knife prices range anywhere from a couple dollars to well over a thousand bucks. If you’re not absolutely serious or sure about collecting knives, set a smaller budget and work your way up.

Tip #3: Get knife guides and educate yourself on your specific type

Once you’ve selected the type and picked a budget, the next step is to begin purchasing knives. People take different approaches on how to buy knives. Some get one at a time while others buy sets. Knowing the prices and models of the type of knife you’re planning on collecting will prevent you from overpaying and give you authority on the subject. The Official Price Guide to Collector Knives is a great place to get started.

Tip #4: Search for knives at a variety of places

There is no wrong place to look for knives, but looking at a range of sources ensures that you have more options. Look up local antique shops, visit the Knife Auction site, attend a knife show or join knife collection forums. Doing these things will help point you to reputable knife dealers who may have hidden gems.

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The world’s most expensive knives

We spend a lot of time talking about knives that are functional and affordable, because that’s what most blade enthusiasts want.  However, you never know when you might win the lottery and feel like spending 30 grand on a kitchen knife. Impossible you say?  Check out the three blades below, which are some of the priciest on the planet.

The Victorinox Swiss army platinum Diamond Knife ($70,000)

Priced at a cool $70,000, this stellar Swiss army knife features platinum shells and flawless diamonds. It includes a large blade, small blade, nail file, nail cleaner, sciossors, orange-peeler, screwdriver and tweezers. Each tool is encrusted with diamonds, except for the tweezers.

Nemusk:  The diamond-studded kitchen knife ($39,000)

Designed by world-renowned jewelry artist Quintin Nel, this pricey blade is a collaboration with blade smiths Hoffman/Piper. The kitchen knife is built from sterling silver and features eight diamonds. It’s supposedly not only the most expensive kitchen knife out there, but also the sharpest.   Buy one and you get the ring above too.

The Gem of the Orient ($2.1 million)

This diamond-encrusted dagger takes the cake for the most expensive knife in the world.  Designed by legendary knife-maker Buster Warenski for a Japanese customer, the knife reportedly took 10 years to make.  It features 153 emeralds, nine diamonds and 28 ounces of gold.

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