Jump to content
kasparov

What's a Mk1 Vintage 58047 Hotshot NIB worth?

Recommended Posts

As the title states would anyone know the approximate value of this kit if in excellent condition? Just wanted to know in case I come across one one day, and I definitely want to purchase one so it's a matter of finding willing seller.

Any ideas?

Max

Share this post


Link to post
Share on other sites

Edit

Just seen you're buying not selling.

I would say it would go for around £400

I personally wouldn't pay that, but I wouldn't expect it to go over £400, unless a bidding war started.

Share this post


Link to post
Share on other sites

You are talking about the Mk1 Hotshot right? That people have bought for 1000's.

Search ebay for the number quoted. That car was then relisted for £350.

Share this post


Link to post
Share on other sites

As the title states would anyone know the approximate value of this kit if in excellent condition? Just wanted to know in case I come across one one day, and I definitely want to purchase one so it's a matter of finding willing seller.

Any ideas?

Max

Well, first of all....here is the bad news. The chances of you finding one are close to zero. And if you do? Well, prepare to go to your bank manager for a £5,000 loan because there is every chance you would spend every penny of it to complete the purchase.

There are only three known NIB Mk1 kits on the TC community. Two of them were bought from sellers who did not know the true value of what they selling, and therefore were obtained for a "bargain" price.

It is probably fair to say that most people looking for a vintage Hotshot are not really fussed about the differences between the very early production original examples and the more widely recognised later version (and in fact many people do not even accept the "Mk1" moniker that the early examples have been given here on TC)....but there is a band of hardcore Hotshot enthusiasts out there who very much do care, and they are prepared to fork out serious cash to obtain one.

It's not just NIB Mk1's that are seriously in demand though. There is a new built example here on TC and the owner was offered 2500 Euros for it. Since the model is still in the owner's showroom I assume that the offer was turned down. With that in mind, and knowing that there are some very wealthy enthusiasts out there who are amongst the group of people looking for a NIB Mk1, I don't think it is an exaggeration to suggest that one of these kits could break the record for the amount of money a vintage Tamiya kit has been sold for.

Four or five years ago the chances of finding one for a reasonable price....if they ever became available...were much higher because not that many people knew about the differences. The only way an example is going to be found on the cheap now will be if, once again, the seller does not realize what they have got and they offer it on a buy it now. If an example does come up for sale under auction conditions though, or the seller does know exactly what they have got, then I would not be at all surprised to see a final price around the £5,000 mark.

In summary, the MK1 Hotshot is arguably the most rare and desired vintage NIB out there right now.

Share this post


Link to post
Share on other sites

Search ebay for the number quoted. That car was then relisted for £350.

That example was a MK2. Still a pretty good price for what looked to be an example in excellent condition.

  • Like 1

Share this post


Link to post
Share on other sites

Well, first of all....here is the bad news. The chance of you finding one are close to zero. And if you do? Well, prepare to go to your bank manager for a £5,000 loan because there is every chance you would spend every penny of it to complete the purchase.

There are only two known NIB Mk1 kits on the TC community. Both were bought from sellers who did not know the true value of what they selling, and therefore were obtained for a "bargain" price.

It is probably fair to say that most people looking for a vintage Hotshot are not really fussed about the differences between the very early production original examples and the more widely recognised later version (and in fact many people do not even accept the "Mk1" moniker that the early examples have been given here on TC)....but there is a band of hardcore Hotshot enthusiasts out there who very much do care, and they are prepared to fork out serious cash to obtain one.

It's not just NIB Mk1's that are seriously in demand though. There is a new built example here on TC and the owner was offered 2500 Euros for it. Since the model is still in the owner's showroom I assume that the offer was turned down. With that in mind, and knowing that there are some very wealthy enthusiasts out there who are amongst the group of people looking for a NIB Mk1, I don't think it is an exaggeration to suggest that one of these kits could break the record for the amount of money a vintage Tamiya kit has been sold for.

Four or five years ago the chances of finding one for a reasonable price....if they ever became available...were much higher because not that many people knew about the differences. The only way an example is going to be found on the cheap now will be if, once again, the seller does not realize what they have got and they offer it on a buy it now. If an example does come up for sale under auction conditions though, or the seller does know exactly what they have got, then I would not be at all surprised to see a final price around the £5,000 mark.

In summary, the MK1 Hotshot is arguably the most rare and desired vintage NIB out there right now.

Thankyou very much Wandy that was an excellent explanation. I really can't believe the bargains that were obtained for the 2 mentioned in your post. How fortunate is that? What's even more funny is that you would purchase it from the person not mentioning what it's true value is for a tenth of the price.

I guess I'll keep looking and hopefully get lucky like Rosey and Chris did. Aweomse.

Once again thanks for the explanation, 5000 is a huge sum but I wouldn't mind paying even that amount one day. I guess the more people that ended up building the mk1 will leave less and less in NIB condition, so is it safe to say that there many very well be a handful in the world at the moment?

I've actually heard through a friend that another TC member that has one, and was potentially going to sell it but turned down the offer, I dob't know any names though.

Share this post


Link to post
Share on other sites

That example was a MK2. Still a pretty good price for what looked to be an example in excellent condition.

What are the differences between mk1 & mk2?

Share this post


Link to post
Share on other sites

Thankyou very much Wandy that was an excellent explanation. I really can't believe the bargains that were obtained for the 2 mentioned in your post. How fortunate is that? What's even more funny is that you would purchase it from the person not mentioning what it's true value is for a tenth of the price.

I guess I'll keep looking and hopefully get lucky like Rosey and Chris did. Aweomse.

Once again thanks for the explanation, 5000 is a huge sum but I wouldn't mind paying even that amount one day. I guess the more people that ended up building the mk1 will leave less and less in NIB condition, so is it safe to say that there many very well be a handful in the world at the moment?

I've actually heard through a friend that another TC member that has one, and was potentially going to sell it but turned down the offer, I dob't know any names though.

No problem, I take it we can add you to the "hardcore enthusiast" group then. :)

Yes, Chris & Rosey did well to get their kits for the price that they paid. I think Chris in particular paid a crazily low price for his..and Rosey has a had a double dose of extremely good Mk1 fortune as he also found a new built example and did not pay very much for it.

There is a lot of activity that goes on "offline" between people who are amongst the Mk1 chasers....you know who you are ;) ...which probably goes some way to explain why most TC members are not really aware of the differences and desireability of the kit.

It's not beyond imagination that the two examples here on TC are the only ones left in the world. However I am sure that there will be a few more out there, probably in Japan. There will not be one that is in better condition than Rosey's though....it is truly immaculate and the parts boxes underneath the blister packs are still sealed with the original tape.

Share this post


Link to post
Share on other sites

What are the differences between mk1 & mk2?

There are quite a few threads out there about this topic now but, in summary, the Mk1 has the following parts which were redesigned for the later Mk2.

* Front Bumper

* Front Skid Plate

* Front Gearbox Housings

* Front Bumper Stay

* Front Uprights

* Front Ball Connectors

* Front Driveshafts

* Roof

* Heatsinks (although some early Mk2 kits were supplied with the Mk1 variant of this part)

I'm afraid that I am significantly responsible for the whole "Mk1" thing on TC. My very first post here on the forums was about this issue, as I had always wondered why the buggy that I had got for Xmas in 1985 was different to the one that I had watched on the promo video in the summer of that year. This is the thread... http://www.tamiyaclub.com/forum/index.php?showtopic=8096

It has all gradually snowballed since then. :P

Have a look in the forums and check out these showroom entries for more info...

http://www.tamiyaclub.com/showroom_model.asp?cid=93148&sid=24742

http://www.tamiyaclub.com/showroom_model.asp?cid=99833&sid=24742

http://www.tamiyaclub.com/showroom_model.asp?cid=111939&sid=13091

http://www.tamiyaclub.com/showroom_model.asp?cid=114257&sid=13091

http://www.tamiyaclub.com/showroom_model.asp?cid=99863&sid=24742

http://www.tamiyaclub.com/showroom_model.asp?cid=114140&id=9880

  • Like 1

Share this post


Link to post
Share on other sites

It's not beyond imagination that the two examples here on TC are the only ones left in the world. However I am sure that there will be a few more out there, probably in Japan.

Nah, there will be loads about. There are people with tamiyas in the loft who don't even know this forum exists :)

  • Like 3

Share this post


Link to post
Share on other sites

Nah, there will be loads about. There are people with tamiyas in the loft who don't even know this forum exists :)

Used and partially built examples, I have no doubt. But new, unbuilt kits? I'm not so sure.

Share this post


Link to post
Share on other sites

Front & rear arms as well Wandy .

The front & rear arms were supplied with nearly all of the Mk2 kits too, so they are not really a Mk1 exclusive part. Tamiya have also gone on record as stating that very late original Hotshot kits were supplied with Supershot front & rear arms. Not that this is relevant to the Mk1 discussion of course. :)

Share this post


Link to post
Share on other sites

This thread has been really interesting. I didn't know they were becoming so rare and collectable. Now try not to laugh too hard because I don't know the difference between the models or desirability but is the boomerang essentially the same vehicle bar the shell? And how much would an original nib boomerang go for? Sorry to drift of topic slightly.

Share this post


Link to post
Share on other sites

The front & rear arms were supplied with nearly all of the Mk2 kits too, so they are not really a Mk1 exclusive part. Tamiya have also gone on record as stating that very late original Hotshot kits were supplied with Supershot front & rear arms. Not that this is relevant to the Mk1 discussion of course. :)

Yer !! But it is different & why i pointed it out . Just remember some people don't know this ! .

As it was slight differences in a sence . Most MK2 i have don't , It was only one i got & that was not complete .

Still , thanks M8 for the info . We learn things every day .

Share this post


Link to post
Share on other sites

This thread has been really interesting. I didn't know they were becoming so rare and collectable. Now try not to laugh too hard because I don't know the difference between the models or desirability but is the boomerang essentially the same vehicle bar the shell? And how much would an original nib boomerang go for? Sorry to drift of topic slightly.

Boomerang is different chassis & rear arms & other things . So NO !! .. :lol: < Oh sorry i did laugh :P ...

  • Like 1

Share this post


Link to post
Share on other sites

I just sold my Mk2 NIB for £300 to a member on here. I paid the same for it a few years ago, was hoping to get more tbh but there was over 70 watchers on my auction so that's obviously the best price folks want to pay right now?

Share this post


Link to post
Share on other sites

I just sold my Mk2 NIB for £300 to a member on here. I paid the same for it a few years ago, was hoping to get more tbh but there was over 70 watchers on my auction so that's obviously the best price folks want to pay right now?

I would have paid you 400 pounds Dave, thought you sold that.

Share this post


Link to post
Share on other sites

Yikes...the price some folks pay for a NIB example with a couple "quirks" from the original :blink: Ohhhhhh...kayyyy

Then again I never understood buying a NIB example of anything and not building the dang thing. To each his own I guess

EDIT: Reminds me of the guy who's wife bought him the Willy's Honda Wheeler. Uber rare NIB kit and the dude built it from new in non-box art colors. Dang. Good for him. Seriously. I guess I just have an issue at my socio-economic place in life buying a $1000 "box" of plastic and metal stuff, never to be opened. I don't get the mentalilty really.

Build it. Love it. But you don't have to run it.

Double EDIT: I'm drunk and probably making no sense :P:D

  • Like 5

Share this post


Link to post
Share on other sites

There is a lot of activity that goes on "offline" between people who are amongst the Mk1 chasers....you know who you are ;)

This made my morning - thanks Wandy.

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...