The Epitome of DeArmond Craziness

May 30, 2008

Nicolai Foss

Sometime ago I blogged on the crazy prices that those old DeArmonds are increasingly able to fetch (here and here). But here is what arguably the pinnacle of this tulip/DeArmond craziness/bubble: A quite plain FHC offered at a buy it now price of 1,200 USD!!


One Response to “The Epitome of DeArmond Craziness”

  1. DHM Says:

    If you follow the link to the $1200 one, and then follow the sequence of This item or one like it has been relisted links, we see that it finally sold for $175, so the market seems to have worked in this case.

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