#1. If you don’t want to be disappointed, know what you’re buying and only buy what you can afford. The only way to ensure this, is doing your homework first on the knives you are wanting to collect. Be disciplined with your budget.
#2. The term "global" refers to knives made overseas, like companies in Pakistan, China, South America and several very good ones in Europe. Some can rival the “Made in America” knives so don’t automatically dismiss “Made in.” Some of these companies produce some of the best knives on the world market. Again do your homework first.
#3. The value of knives will fluctuate like any other product. While some brands are considered a better quality, no one can guarantee that a knife will go up in value. This is why it is paramount to buy knives you like and not what you think will make you rich someday.
#4. Always shop around and take your time. You can’t own every knife you see, so don’t even try, you’ll go broke and regret many of your purchases.
#5. Just about every knife is made in “limited” runs. Being part of a limited run is most likely only going to date a knife, not make it more valuable.
#6. A knife marketed as a “collector’s edition” could also be mass produced. It’s a marketing ploy to increase sales and that will most likely not go up in value.
#7. A “vintage knife” can also be a piece of junk. Buy it because you like it, it’s different or you think it will be a good addition to your collection.
#8. If the deal is too good to be true, treat it that way. No one is going to knowingly sell a quality knife for a couple of dollars. Know what you’re purchasing first.
#9. A great place to find older knives is estate sales, but don’t expect a great deal all the time. Many estate sales are run by brokers who oversee the sale for a commission of the sales, so of course they’re trying to get the best price they can. Other places can be garage/yard sales, flea markets or antique malls/stores. I’ve found some great deals in pawn shops and they will deal with you, so long as the shop can make a profit.
#10. Just because it says “Made in American,” doesn’t mean it’s the best quality made or it’s a collector’s knife. Americans can and have made some junk knives. Don’t pass up a knife just because it doesn’t say “Made in the USA.” Do your homework, be patient, search and above all have some fun.