And now, as if fly fishing and tying wasn't expensive enough, there's a fashion-fueled run on saddle hackle jacking prices up even higher.
Most fly tiers know this trend has been slowly growing for a while. However, fueled by a recent post on The Rusty Spinner highlighting just how exorbitant prices have become, I have joined the fray and listed all my old unused saddle hackles on eBay. I bought the whole lot for just over $60 back in the day and will update things as the auctions progress. If things go according to plan, I'll sell these items now for a tidy profit while the prices are high and repurchase new capes in a few years after the fad plays out.
a few full grizzly saddles laying around . . .
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And a quick update: Just hours into the auction two of the capes have bidders and will put at least $250 in my pocket. Ridiculous.
Update #2: Well, the auctions have run their course and I have $593.00 in my pocket to show for it. The cream full saddle and grizzly 1/4 saddle were the big winners, with the other two 1/4 saddles also doing well.
For the curious, this would have been a 16% annual rate of return on my investment over the roughly 15 years I owned the saddles. Of course, the true test will come when I have to purchase replacements...