Tue Sep 04, 2007 9:56 pm
Joe Scheil wrote:This is a ridiculous thread.
If you have the cheaper way to do it and feel you can help an investor speculating in warbirds turn a profit, then go do it.
These are for the most part not commodities however and differ from other items due to the special nature of the article itself. Its is an airplane, yes, but without its dataplate and requisite paperwork, it is nothing. Its pilots also require paperwork and certification, and attaining these certificates requires risk and money. Most principals doing the high end stuff want to fly the best, not the best that they can afford. This also means they want the one thats special to them, for whatever reason. Chuck Greenhill's Duck is a perfect example of a megabuck project done with dedication, historical conscience and love. There were no bean counters present at the beginning deciding the projects viability. At the end, the world has a Pearl Harbor survivor that defines the essence of a correct restoration. Whats it worth? Its priceless.
While money fuels and activates a project, its not ultimately about the money, and nobody in the game thinks so when it comes to restoring these things. Everyone gives their all for the cause, the mechanics, the suppliers and the owners all sacrifice in different ways to see these in the air again.
Tue Sep 04, 2007 11:51 pm