@Doctor J, I completely agree. Although most/all of my basses are cheapies, half have been bought as projects at a snip. I enjoy refinishing them and sorting any issues, so they are an enjoyable hobby to work on, then they are pieces of playable art, then if I really need to I can sell at a profit, win win win.
People happily pay Β£500 for a picture on the wall, this art can be taken off the wall and played, what could be better than that?
As long as the bills are paid then I'd much rather have a bass collection than a money collection.