NEW
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RIN:437
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Class D Master |
Makers Cost of Making
a Violin =
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A new Violin made by a known and fine
Master Violin Maker of Chicago‘s North Shore and sold
exclusively by one of Chicago’s
Down -Town Violin Dealers. |
Labour + |
Material = |
Cash Value + |
Overhead + |
Kickbacks = |
Price of Violin |
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|
80
Hours at $40.00 per Hour |
Wood,
Strings, Accessories, etc. |
The Net Value at the
secondary or wholesale market
|
Rent,
Taxes, Insurance, Net - Profit mark-up of 33%. |
Secret layers of kickbacks
paid to third parties.
|
The actual price the dealer
pays the maker.
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|
$3200.00 |
$ 550.00 |
$3750.00 |
$1250.00 |
NONE |
$5000.00 |
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|
64% |
11% |
75% |
25% |
0% |
100% |
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Dealers Suggested Retail Pricing
of the Violin =
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Cost of Violin + |
Mark-up = |
Suggest Retail Price -- |
Rebate = |
Actual Sales Price |
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The amount the dealer pays
to the maker.
|
Minimum Mark-up by dealers,
who pay kick-backs to third parties, is 200% above cost of violin.
|
The inflated price from which to pay the overhead and kickbacks to third parties.
|
“The Token of Virginity”. A paper discount, if given, to mask the
20%
to
50%
kickbacks paid to third parties.
|
|
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|
$5000.00 |
$10,000.00 |
$15,000.00 |
$2,000.00 |
$13,000.00 |
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34% |
66 |
100% |
13% |
100% |
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Buyers Actual Purchase Price of
the Violin =
|
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Cost of Violin + |
Overhead + |
Kickbacks = |
Actual Sales Price |
Appraisal Value: |
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The net amount the dealer pays to the maker for the violin. |
Rent, Taxes, Insurance, Payroll, Net-Profit, etc. paid by the dealer. Cost of doing business. OR: Net Purchase Price paid by third parties, like teachers, if bought for their own use. |
Net Profit of Secret layers of kickbacks paid to third parties, like teachers, etc., for giving their OK to the student to purchase the violin from the dealer. Dealers cost of doing business. |
The Price paid to the dealer by the student, the parent or any other buyer, uninitiated to the hidden marketing practices of the violin business. |
Retail Replacement Value for Insurance: $15,000.00 Fair Market Value at Wholesale is between: $3,750.00 & $5,000.00 Probate or Cash Value: $3,750.00 |
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|
$5,000.00 |
$4,000.00 |
$4,000.00 |
$13,000.00 |
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|
38% |
31% |
31% |
100% |
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NEW |
Trade Mark – or Generic -- Commercially
Mass Produced Violin or Bow |
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Class B Trade Name |
Source:1998
Orion Blue Book William Lewis & Son Violin #225 Gustave
August Ficker “PAGANINI” |
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Dealers Cost of Acquiring a Violin |
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Article: |
Wholesale Cost |
Overhead |
Kickback |
Retail Price |
|
|
Sold by the wholesaler at an discount of 50% + 10% + 10% in larger quantities off the suggested retail price,. |
Rent, Taxes, Insurance, Payroll, Net Profit paid by the dealer as cost of doing business. OR Net Purchase price paid by third parties, like teachers. |
Net Profit or Secret layers of kickbacks paid to third parties, like teachers, etc. for giving their OK to the student to purchase the violin from the dealer |
The suggested catalogue retail price, as paid by most uninitiated buyers. |
|
$1537.00 |
$1499.00 |
$759.00 |
$3795.00 |
|
|
40% |
40% |
20% |
100% |
|
|
USED or OLD |
Trade Mark – or Generic -- Commercially
Mass Produced Violin or Bow |
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|
Class B Trade Name |
Source:1998
Orion Blue Book William Lewis & Son Violin #225 Gustave
August Ficker “PAGANINI” |
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Dealers Cost of Acquiring a Violin |
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Cash Value |
Wholesale Cost |
Overhead |
Kickback |
Retail Price used |
|
The Net or Cash Value at the secondary or wholesale market, according to the Orion Blue Book, is from $610.00 to $1087.00, depending upon physical condition |
Wholesale cost of the violin in average condition $610.00. Wholesale cost of the violin in mint (like new) condition $1087.00 Average wholesale cost is $849.00 |
Rent, Taxes, Insurance, Payroll, Net Profit paid by the dealer as cost of doing business. OR Net Purchase price paid by third parties, like teachers. |
Net Profit or Secret layers of kickbacks paid to third parties, like teachers, etc. for giving their OK to the student to purchase the violin from the dealer |
The suggested catalogue retail price, as paid by most uninitiated buyers, is the listed amount. If in mint or like new condition, the retail price for this used violin can be as high as anew violin, $3795.00. |
|
$849.00 |
$1499.00 |
$460.00 |
$1840.00 |
|
|
40% |
40% |
20% |
100% |
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