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Old July 21st 10, 10:06 PM
shkdriver shkdriver is offline
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First recorded activity by AviationBanter: Aug 2008
Posts: 69
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[quote=mike;735376]On Jul 21, 12:00*pm, jim wynhoff


Also, there seems to be a life cycle to any generation of machinery, whether it is a glider, automobile, or even household appliance. In the phoebus's pinnacle of popularity, they seem to have commanded prices on a scale of five to six thousand dollars, when an average home ran about twice that, at least here in oklahoma. today half a house money will buy a nice $60,000 to $80,000 glider! In 2006 I bought a 1967 SHK-1 needing paint for $5000.
In 1967 this glider traded hands for about $7500. In the obove "house" ratio My $5000 was about $500 in comparable 1967 buying power!
The 24 months I spent removing three previous paint jobs and refinishing my SHK were a labor of love, however dusty and tedious. For my effort I have a pretty, clean, and 40 pound lighter classic 39/1 glider barely worth $5000. Of course that is "market" value.
I guess in short, If someone isn't flying competition where a classic would be outclassed, we are living in a time of unprecedented GOOD DEALS!
Time to join the vintage sailplane association!

Scott W.