Like I say, this isn't an issue of profit, this is an issue of greed. He bought it to sell it on for a profit, fine, I can deal with that. But at the moment it is at 410 quid and the reserve is still not met. It is purely greed that has motivated this individual, I won't be surprised if they have bought a job lot of the knoves. Of course, the fact that it has gone that high proves that other people wanted it and missed out, or have more money than sense.
Mate, if you want to see greedy, how about a company selling something that is not meant to be used, but is just a cynical exercise in making a quick £50,000 quid profit?
I very much doubt woodlore pay more than £100 each for these - complete. That's a cost to them of £25,000 for 250 pieces. They sell em for £300 each, that's £75,000. Subtract the cost from the gross and you have the profit. Not bad for just selling em on eh? They are claimed to be "forged" which is a joke. They are lumps of laser-cut, flat-stock which have been shown the forge and peened on an anvil for a few minutes. Those bevels are not forged in, they are ground in - probably on a jig. Make no mistake - these are cheap knives to make. But good on em I say. The average joe wont know the difference and prolly wont care. You can certainly buy a knife of equal quality for far less money elsewhere, or a far superior knife for the same money. People are not buying these because they are good knives, they are either buying them to speculate, or because it has RM's name on the blade. RM is not selling them to better outfit the bushcrafter, he's selling them to make money - a lot of it. The knife itself is pretty irrelevant to the equation. Can anyone even tell me what steel it's made from? Perhaps folks are so familiar with the work of Julius Pettersson (who?) that they just have to have one of his blades?
But they all sold out in a day - must be because they are all such good knives eh? What a joke. They would of all sold even without a picture of one.
If someone wants to buy all 250 of em and then flog em on ebay for 2x what they paid, good for them. If people are prepared to pay, then people will be prepared to sell. That's a free market economy and there's nowt wrong with that.
But If you want to question the ethics of it from a marxist perspective, you need to start with the retailer. The whole thing is a cynical exercise in profiteering, right from the gate, but the retailer is by far cutting the largest slice of this particular cake. You can be sure this particular gravy train wont be stopping at Julius Pettersson's house.
Yeah, possibly. It's difficult to say from the pics. There may be a forged in distal taper on the tang, or some tapering to the point - though it doesnt look like it. I agree though, typically a "forged" Scandinavian blade blank retails for £15 to £25. Then a bit of time putting the handle slabs on. The sheath looks like a good one though and a posh leather box and certificate, so I factored that in, then shipping into the country and possible taxes levvied. I figure a £100 covers it with room to spare.also i believe the actual cost each to woodlore would be £50 per knife, as they would be produced the same way as the wrights of sheffield bushcraft knives, witch retail for £100
Or you could buy one use it for six months sell it on for more than you paid and buy a knife from Bernie.......... Slightly more ethical as Bernie needs beer and pie like everyone else.
Those bevels are not forged in, they are ground in - probably on a jig.
The average joe wont know the difference and prolly wont care.
If I remember correctly, the smith that makes them uses a tormek grinder for his bevels.
....
I think Julieus Pettersen was the chap who forged a knife for RM on his Bushcraft - Sweden episode. Could be wrong but the name rings a bell.
I am totally flabbergasted that this knife is now at £800 plus I just don't get it
It's not a sale motivated by greed though! Remember that!
It's not a sale motivated by greed though! Remember that!
Does it matter if it is?
It's a staggering amount of money to pay for a £50 knife, no question, but RM has sold 250 with a £200 profit on each one.
I just wish I'd bought 50 of em meself.