Gekko - Your statement "Right now I feel like I am buying a ticket onto a sinking ship" is a little bit misleading to me. You are in the BEST time ever to buy lighthouses if you truly want them for a collection. You are in the WORST time ever to buy if you want an investment, which you earlier said you don't.

When you can buy a California, Canadian or even a latter produced lighthouse for pennies on the dollar, how can you complain. You can collect Harbour Lights whether the company has gone bust or not and come away with entire collections for 1/4 or less then most of us paid.

The question you should ask yourself is do I really want to collect lighthouses because I love them or do I want to collect lighthouses because other people are doing it? And what better time to buy as when the ship is sinking. There are over 450 different lighthouses that have been produced by Harbour Lights so you will have some time to go before you have to worry about a "sinking ship".