Why antique shops shouldn't charge "Ebay prices"...
In the few years that I've been bitten by the straight razor bug I've been fortunate enough with business travel by car over a fairly wide portion of my state to be able to easily stop in antique stores for frenzied and singular (Ok, razors and hones) passes through the stores. I also frequent large antique shows from time to time where hundreds of antique dealers gather. Numerous times I've heard directly and overheard things like this:
- "I looked on Ebay last week and a razor that looked like that sold for $150."
- "My son looks on Ebay for prices of things and a razor like that with MOP sold for $200."
- "I just checked this morning and the exact same [fill in the blank] went for [think of any ridiculous overpriced dollar amount]."
You get the idea.
I think using Ebay as a market price comparator when in [fill in the blank with any antique shop in anywhere USA or the world for that matter] is B.S. and I've told a few dealers that. Why?....
Ebay is open to a worldwide audience. Depending on the item, there could be hundreds if not thousands of like minded collectors wanting those things. Out of that worldwide group, clearly at least one and more often several individuals willing to fight it out to pay what they're willing to pay to get something and they have the money to do it. Hey Mr. Antique dealer in Anywhere, USA population 2,500, when was the last time you had someone else ask to see the straight razors in those glass cases? Why didn't they buy them? You've got me here now with cash in hand and I'd entertain a reasonable price. Ebay, huh? See ya.
I'm Mr. Analogy, or Mr. Bad Analogy depending on who you probably ask, but here's an analogy to support my point:
How much business would a local small town newspaper get if they told potential advertisers that the New York Times gets [$$$] for ads that are placed so they're justified in even charging half that amount?
I thought about this kind of thing on the drive home today after being in the car for eight hours. I'm going to start asking veteran antique dealers if they're seeing a decrease in shoppers and buyers moreso than a decade ago. I think antique dealers are shooting themselves in the feet by jacking up items to big city or Ebay prices and ultimately selling less.
Yes, you can still get a good deal occasionally if you look hard enough and you're in the right place at the right time, but even in the last few years I've seen razor prices at shows and in antique stores go to laughable levels.
Chris L