About 25 years ago I sold a pair of 15 inch Tannoy Reds, in cabinets that were not particularly special (and with one of the cabinets being somewhat damaged), for $1500. If I hadn't priced them for quick sale to someone local, I suspect I could have gotten $2K. I believe they would go for around $6K today, which corresponds to an appreciation of approximately 5% per year.
As the financial industry people like to say, however, "past performance is not a guarantee of future results."
Regards,
-- Al
As the financial industry people like to say, however, "past performance is not a guarantee of future results."
Regards,
-- Al