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Thread: True Market Value?
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03-09-2015, 05:04 AM #11
It is a very interesting hobby in that sense - there are still those that collect purely for collection (just look at the prices of razors with wrecked blades but pressed horn or carved ivory scales) and those that love the history and the ability to once again use something 100+ years old for its original use, and where those groups intersect. It's pretty neat, but makes the market pretty volatile, neglecting all the on-and-off fads such as obsession with brands like W&B or Filly.
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03-09-2015, 06:54 AM #12
What's a fili 14? I havent seen one... Well, probably becouse i dont shop razors on Ebay.
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03-09-2015, 07:38 AM #13
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03-09-2015, 09:20 AM #14
I think the canary yellow wedge is the unknown quantity. Just to play the Devil's Advocate, because you know I agree with your basic premise......take the restoration of great works of art....specialists in the field increase the value, and preserve the art for future generations. Back to razors...I think a Blood Red wedge would be more appropriate with the green plastic.
"Call me Ishmael"
CUTS LANE WOOL HAIR LIKE A Saus-AGE!
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03-09-2015, 09:32 AM #15
I don't get the comparison with Tiffany and straight razors. Straights were manufactured in their thousands to be a daily working tool. What does it matter that someone decides to polish it up and dress it in modern materials. Are you really suggesting that leaving it in its original rusted and bug eaten scales condition is the better option and makes it more valuable?
My service is good, fast and cheap. Select any two and discount the third.
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03-09-2015, 10:36 AM #16
This is one of those topics that can get heated very quickly since one person can think something is extremely valuable while another will think its not. One mans junk is another mans treasure and vice versa. Just because something is quite common doesn't necessarily mean it isn't valuable where something that is rare doesn't mean that it is. The common thing could just be a quality product that everyone wants and took off where the rare one isn't quality and nobody wants it so it never took off. It all comes down to what someone is willing to pay. I know if I see something that I want I might pay more than what the suggested value is just because I want it.
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03-09-2015, 11:38 AM #17
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03-09-2015, 12:36 PM #18
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Thanked: 3225Evaluations are tricky things being they are based on one person's opinion and those vary person to person. So the opinion of the buyer may not match the opinion of the seller.
That differs from true market value which is the price the item actually sells for when the buyer and seller agree to a deal. A like item may sell for more or less depending on what the buyer and seller agree to at that time.
Taking into account a good number of actual sales prices for like items over a period of time might give you a range of prices that that item generally sells for. There is no guarantee that when you want to sell a like item that you will get a price within that range of prices.
Bottom line, it's a bit of a crap shoot just like stock market investing.
BobLife is a terminal illness in the end
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03-09-2015, 01:56 PM #19
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Thanked: 171I think it is also safe to say that - unless someone get's carried away in a bidding war - ebay will not command "true market value", as the buyer assumes the risk that the goods may not be as they were described.
That risk is reflected in lower prices.
Just read the "Ebay bit me again" post of today.
The old "buy the buyer" adage gives some assurance and the buyer could file a dispute if necesary, but that can be a drawn-out, frustrating process where the outcome is far from clear.
B.
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03-09-2015, 02:27 PM #20
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Thanked: 3225Yes, it sure does depend on what market place you are dealing in. There is a big difference in dealing with E Bay, auction house like Sothebys or even retail stores. The "true market value" will vary between each of those markets but will still be true for those markets individually.
BobLife is a terminal illness in the end