Originally Posted by
Chrisl
Ebay has really made for a fundamental shift in what is considered the "value" of items or types of material goods rather than in the past. It's pretty amazing.
It's understood that the "value" of something to the individual is how much that individual is willing to pay.
When we refer to the "value" of something in general, however, I think most would agree we're referring to what the public or a group of individuals (a collective) with a similar interest in an certain type of item regard as the typical "value" of something. Given that the "value" of something can change so rapidly on Ebay and can be influenced directly by something as simple as a favorable post by one individual on a web forum, I think "values" as regarded by a collective on Ebay has been diluted or even obliterated to the point where Ebay values are really a reflection of value to the individual and are no longer an accurate baseline that can be used for valuations. The anomalies we see from time to time where a certain razor sells for 5 times+ what most would think it should sell for IMO do not automatically raise the value of an item to that level. I don't think my opinion would ever change on that. If tomorrow a Case Red Imp or similar fairly easy to find nothing special razor in good condition which normally sells for under $100 sold for $4,000 on Ebay, no one could convince me that as of tomorrow, the value of Case Red Imp razors in good condition would then be $4,000.
Chris L