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If you are looking into collecting vintage fishing lures, then there are a few things you will probably want to know, before diving in. Here are some things that every serious antique collector should know about. The three things to key in on are 1) the company names, 2) who you are dealing with when buying and selling, 3) and the value of the lures you collect, and their potential in terms of buying and selling. Once you learn the info presented in this article, you will have more confidence in the types of things to pay attention to when collecting lures.
1) The first thing to home in on is the group of significant names in antique lures. In the golden era of fishing lures there was a group called “The Big 5″. These are widely recognized names and you probably wont go wrong by learning as much as you can about these. One of the biggest names is Heddon. Go into any antique lure dealer, or go to a convention, and just mention the name Heddon and everyone will know what you are talking about. They were probably the first big lure company. So it might be a good thing to learn a little bit about Heddon lures. Another big name to get to know is Shakespeare. They introduced some unique features in their lures and their importance can’t be overstated. The “Swimming Mouse” is one of their more famous lures. Once you get to know some of the big names and what they produced, then this will help you in the next step which is – building your network. Here’s what you need to know to get to that step.
2) Building your own personal network of lure collectors is not just important…its critical. It helps you find opportunities, and your friends can protect you from scam artists. Usually when people don’t have others to help them out, that’s when they get into trouble. Here are a couple of tips to help you build your own personal network. Get to know national organizations like the National Fishing Lure Collectors group or NFLCC. They are located across the nation, and you shouldn’t have any problem finding members who can answer questions you have about lures and collecting. Another idea is to get to know local collectors. With local tackle collectors, you can just pick up the phone and call someone nearby to show you lures, or have them look at lures you have. Having someone nearby is always the best way to learn about a new venture. Especially with collecting vintage lures. Now you know a few of the big names in lures, and the groups that you can visit. If you want to learn more about antique lures, here’s what else you need to know.
3) The final thing has to do with value. Just a lure is old, and because it might be antique doesn’t mean it’s valuable. How do you determine value? Usually there are a number of factors that determine value in a fishing lure, but there are a few that are the most important. One of the big ones is demand. Is there a big demand for a lure. And are there limited quantities? If the company that made them was small, and lots of collectors want their lure (which was in limited supply), then there’s probably going to be a higher price because of that demand. The other item is current market prices. Get to know these because this knowledge will help protect you from scam artists. If you know a market price is too low, and you do your research and find out its the “real thing”. then you’ll know whether to jump on it, or pass on it.
Now that you know a little more about the importance of names, prices and your network, its time to put this to use. You probably know more already than many collectors. Specifically, remember to learn more about the big 5 names, get to know locals in your area, and the NFLCC, and then finally start learning more about the pricing of various vintage lures. So the next time you are in a pawn shop and see a lure on the table, you’ll know if you are looking at some special find that no one else knows about!