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Thread: Value of Huon pine?
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16th February 2018, 03:51 AM #1
Value of Huon pine?
I'm looking round at some "rare" slabs and found a beautiful clear grained piece of Huon pine. 1100x400x60, with 2 live edges.
But $500??
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16th February 2018, 06:37 AM #2GOLD MEMBER
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I looked at a steak yesterday, real good piece of beef it was. But $20?? Be all over in 15 minutes. And $75 for my preferred case of beer to wash it down with? Which is all pretty reasonable compared with teh price of the electricity to keep the cold ones cold and make the hot ones hot.
Inflation is a bitch!!!
I wouldnt buy it either at that, but I can see that that's probably where it should be priced at.
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16th February 2018, 07:56 AM #3GOLD MEMBER
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Timber, in bulk, is priced by the cubic metre. When looking at individual pieces of rare specie and particularly attractive, other factors come into the equation.
In this case you are looking at a piece of timber .0264 m3 at almost $20,000 per m3.
The burning question is, can this price permit value adding for the purchaser? In other words, what would you make from it and what would the finished product be worth?
Particularly nice pieces of timber often sell for double their "standard" price. They are one-offs, never to be repeated rarities. But that doesn't mean they represent the same value to every body.
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16th February 2018, 09:27 AM #4SENIOR MEMBER
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Heffa,
Buy it.Drillit.
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16th February 2018, 09:29 AM #5GOLD MEMBER
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To be honest, at that price, I would give it a miss.
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16th February 2018, 11:02 AM #6
That's about right I would say, You just have to ask the question can I add value to that if you're intending to make something and sell it. Another way to look at it is, walk into a furniture store and check what sort of coffee table $500 buys and then ask yourself do you appreciate the huon pine slab more than the said coffee table.
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16th February 2018, 11:20 AM #7GOLD MEMBER
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To which Id add the ability to value add is generally set by the upper end purchaser rather than the average.
Case in point: yesterday i had a guy wants some 6x2's for a stable. No worries, we have got structural number 3 at F14 that's ugly by the pack for just that purpose, $8.50 a meter +theG. Bit of vein, waney, maybe some shake or holes: no matter. Its F14, durable, and the horses don't care.
Too ugly, how much for the clean stuff ?
F22A at $15.
"Too expensive - it's only a stable."
Not my problem mate... the fact you want to put them in a stable doesn't make them worth less as exposed rafters.
I see that all the time with purchasers in this industry. . "I cant sell it for what that dude there gets so I can't pay what he pays for timber". It's an understandable viewpoint, but try telling Woolies or Coles you should pay less for your groceries because you aren't a gourmet cook.
Good timber is expensive, and it should be.
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16th February 2018, 12:02 PM #8
A photo of said piece would be handy
At $19,000m3 the price is 'up there'...that said...
If it is carrying superb figure,is dressed and seasoned,then I feel that price adequately fits.
And of course depends on how much you want it too
Quality Huon will always attract a moderate-high price...MMMapleman
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16th February 2018, 01:03 PM #9
Cheers guys
I was mainly curious about it because I've been storing a nice slab of Huon mys lf. No way I can afford to buy that one.
I admit that Huon is beautiful to work, but I can never see the appeal in it myself.
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16th February 2018, 03:08 PM #10GOLD MEMBER
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When you see a piece made from HP that really suits the timber the appeal becomes far more obvious. The workability, fine grain structure and durability when placed in skilled hands, can produce some beautiful stuff.
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16th February 2018, 03:54 PM #11GOLD MEMBER
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If you're going to stick a couple of legs on it and call it a table then it is not worth it.
As a box maker that size appeals to me and if the timber was real good i could get 10 boxes from it so it would certainly be worth buying.
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16th February 2018, 04:18 PM #12
Well, I might post some of my Huon pine slabs in the market place. My work and skills really can't do it justice
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16th February 2018, 04:44 PM #13GOLD MEMBER
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Get used to calculating the cubic meter value of the wood. I developed a bad habit of keeping price negotiation too friendly and not basing it on a volumetric value, so I allowed myself to get burned a few times. No more.
Just take price / (length x width x height) where the l,w, and h are all in meters
So this is 500 / (1.1 x .4 x .06) = 18939.4
Yes. That price is absurd. Nineteen grand per cubic meter is ridiculous, even for Huon Pine. You may as well be buying the entire thing as pen blank or knife scales at that price. The seller has simply thought of a price it would be nice to get and written it on there, and/or they're trying to make up a loss. It can't possibly be based on any kind of volumetric value.
Furniture-sized wood should be $1000-$8000 per cube, with the majority of the "classic" native species falling in the 3.5 - 6 range and a handful of outliers occasionally between 6-8 if the wood is of a high quality or is especially hard to find. $1000-3500 would be large volume rates, mates rates, or fairly "run of the mill" (literally) wood.
I bought a fair bit of it in my time in Brisbane, and I would expect to see Huon Pine in the $5000 - $7000 range. Less than $5k would be a pretty decent deal.
So in Melbourne I'd probably expect to see it cheaper (which obviously isn't happening). You could just hop on the Spirit of Tasmania with a stack of it in your truck. No major logistics feat like hauling it up to Brisbane.
Anyway, that's been my experience after obsessively buying wood for a few years.
Cheers,
Luke
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16th February 2018, 07:47 PM #14
Luke $19,000m3 is certainly an exorbitant price however...
If the piece is madly figured with intense Birdseye then I feel it's worth every cent
High quality ,highly figured timber deserves a high price
Exhibition grade Turkish Walnut for example fetches upwards of $200,000m3
Maybe if the OP had included pics of the slab in question then we all would have been able to comment more accurately on its worth
The prices that you quoted I feel were somewhat conservative
I have seen Gidgee fetch around $60,000m3
We have a wealth of sensationally figured woods in Australia...as good, if not better than anywhere in the world
And Huon is up there with the best of them too
Aussies have been under selling themselves for way too long...MMMapleman
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16th February 2018, 09:16 PM #15
Ok, the acid test: I've decided to sell a piece of Huon I have had sitting around on Gumtree. Very similar to the one I found.
https://www.gumtree.com.au/s-ad/glen...er-/1175397823
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