Tannoy Monitor Gold, Red series value$appreciation



Many people say that the Golds and Reds are must haves for any Tannoy fans. Not only because they sound good, but also due to limited quantity available on the market, their values would go up day by day. Past data on price trend is hard to come by, I would like to ask how fast is the value goes up,preferably with a figure saying an approx. rate of increase in annual term.

Thank you.
Chris
chris_9

Showing 1 response by almarg

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