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Thread: UU Marketplace

  1. #1
    Join Date
    Jul 2014
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    Default UU Marketplace

    Kind of related to the thread on tariffs, I've noticed that the resale market seems soft these days. There are some fantastic ukuleles in the marketplace that aren't moving like they would have in the not too distant past, (at least as I recall how things were.)

    Obviously, that's not directly related to tariffs, though those of us in the US have to anticipate that our expenses for other things are going up, so we might have to shift money around from ukuleles to other things.

    But, what do you all see as factors in the slow UU Marketplace? Do we all have all the ukuleles we want, and we've tried all the ukuleles we've wanted to try? Are fewer people wanting to buy ukuleles overall, (is the popularity on the decline?)

    Or...what?

    I'm surprised that the Kinnard is still there, along with a couple Collings, and a Hoffman, and many others. Seems like they're mostly priced reasonably.

  2. #2
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    I know what you mean about that. I think there is a sniff of the "R" word, and that is what you are indirectly meaning. As for myself, for the past year I have been preparing (counter to the naysayers) and have been selling items that I don't use (q.v. Dave Ramsey for those unfamiliar). I am limiting my future uke buying, to just something that I might want over the next few years or so, but nothing exploratory like in the past.

  3. #3

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    Agreed. There do seem to be a number of very fine instruments at reasonable prices that do seem to linger. For me I have quite a few ukes and need to slow down my purchases and I need to prune the herd.

    But there also seems less overall activity on the forums. Although I can’t be sure about the latter as I am very busy with a lot of life stuff and it’s hard to juggle everything. :-(
    Last edited by keenonuke; 08-23-2019 at 04:17 PM.
    K
    Sopranos, Concerts, and Tenors including Baritone body at a Tenor Scale - 4 String, 5 String and 8 String :-)

  4. #4
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    Aug 2009
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    Over the years it always seemed that August (and summer in general) was a slow used uke sales period. Vacations, school, and other interests may dominate spare time for many UU folks in the USA (probably the largest demographic on UU). Used uke interest and sales appears to ramp up in Fall. YMMV

    There’s also lots of places to purchase all kinds of ukes these days. For example 10 years ago Sweetwater didn’t have any ukes for sale

    Sometimes it’s just pricing.
    -Hodge
    Humble strummer of fine ukes.

  5. #5
    Join Date
    Jul 2018
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    Quote Originally Posted by Joyful Uke View Post
    Kind of related to the thread on tariffs, I've noticed that the resale market seems soft these days. There are some fantastic ukuleles in the marketplace that aren't moving like they would have in the not too distant past, (at least as I recall how things were.)

    Obviously, that's not directly related to tariffs, though those of us in the US have to anticipate that our expenses for other things are going up, so we might have to shift money around from ukuleles to other things.

    But, what do you all see as factors in the slow UU Marketplace? Do we all have all the ukuleles we want, and we've tried all the ukuleles we've wanted to try? Are fewer people wanting to buy ukuleles overall, (is the popularity on the decline?)

    Or...what?

    I'm surprised that the Kinnard is still there, along with a couple Collings, and a Hoffman, and many others. Seems like they're mostly priced reasonably.
    UAS has gotten people to buy loads of ukes, including new ukes. Since most people who buy lots don't seem to want to keep every uke they buy, I would guess that the inventory of used ukes searching for new homes is exceeding the number of buyers. Unless the number of uke players increases sufficiently to purchase all the new inventory, saturation is inevitable. Lots of people purchase ukuleles as if they were borrowing from a library, but most uke players actually don't have UAS, at least not severe enough to buy up the ukes purchased just to try them.
    Last edited by AQUATOPAZ; 08-23-2019 at 07:18 PM.

  6. #6
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    Mar 2014
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    Pickering, ON, Canada
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    I was thinking the very same thing about August. If anybody knows buying and selling treads it is certainly Hodge.

    Right after Christmas is another poor time to try and sell ukes, people have credit credit debts. But a few months later when tax refunds are being issued is a good time to sell.
    Currently enjoying these ukuleles : *LdfM tenor, *LfdM 19" super tenor. *LfdM baritone, *I'iwi tenor , *Koolau tenor, *Webber tenor, *Kimo tenor, *Kimo super concert, *Mya Moe baritone, *Kamaka baritone, *Gianinni baritone, *Fred Shields super soprano, *Kala super soprano, *Loprinzi super soprano, *Black bear ULO concert , *Enya X1 concert, *Enya X1 pineapple soprano, *Gretsch tenor, *Korala plastic concert

  7. #7
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    Quote Originally Posted by AQUATOPAZ View Post
    UAS has gotten people to buy loads of ukes, including new ukes. Since most people who buy lots don't seem to want to keep every uke they buy, I would guess that the inventory of used ukes searching for new homes is exceeding the number of buyers. Unless the number of uke players increases sufficiently to purchase all the new inventory, saturation is inevitable. Lots of people purchase ukuleles as if they were borrowing from a library, but most uke players actually don't have UAS, at least not severe enough to buy up the ukes purchased just to try them.
    I am not sure about saturation. I see so many new members all the time. There are dozens and dozens of names I don’t recognize. Give them time and they will get UAS if they hang around here long enough
    Currently enjoying these ukuleles : *LdfM tenor, *LfdM 19" super tenor. *LfdM baritone, *I'iwi tenor , *Koolau tenor, *Webber tenor, *Kimo tenor, *Kimo super concert, *Mya Moe baritone, *Kamaka baritone, *Gianinni baritone, *Fred Shields super soprano, *Kala super soprano, *Loprinzi super soprano, *Black bear ULO concert , *Enya X1 concert, *Enya X1 pineapple soprano, *Gretsch tenor, *Korala plastic concert

  8. #8
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    I agree, as Hodge and Dave have said, it's the late summer uke blahs. Lots of folks are away, and those who aren't are getting ready to get back to work (especially at schools and universities) and/or are getting the kids ready for school. Plus in the deep south, elementary and high schools are already in session.
    On the other hand, it's a good time to buy new ukes...……..lots of discount sales.

  9. #9
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    I don't think it that the slow down has just happened, so not specific to August being a slow month to buy.
    I think it's been happening for a while, and maybe just more obvious to me right now with some great ukuleles lingering in the Marketplace and elsewhere.
    There has been a Series 2 Kinnard tenor on the Kinnard website since November, (I think - if not, close to that), and I've never seen one linger there that long.

    OTOH, Moon Birds fly out the door, (as birds do), from HMS, so maybe the market has just shifted?

    But, maybe my perception is off about it all.

    Oh, I see that the Hoffman just sold, so someone is proving me wrong. LOL.

  10. #10
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    Since May I have sold 2 high quality instruments on the UU marketplace quite quickly. I think that was to do mainly because of the price I offered them at, which was determined by the US$/Aus$ exchange rate. That resulted in a win win outcome for both buyer and seller. It’s nice when it works out that way.
    "All worthwhile things in life should be easy to learn but hard to master"

    Hoffmann Lutherie - Baritone - Master Grade Ebony and AAA Red Spruce
    Beau Hannam Custom Tenor - Vintage Hand Rubbed Sun Burst all Tassie Blackwood
    Barron River Tenor - Satin Box Maple and Alaskan Yellow Cedar
    Hoffmann Lutherie - Concert - Angry Owl Ebony and Cedar

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