Value retention/appreciation (1 Viewer)

[David C]

"May"? No, "does". Absolutely what the seller asks, and what the buyer offers, depend on their respective ideas of the objects value. But that simply brings us back to the point--the price is what they agree on, it is not fixed, as a retail price for a new object is. Now, their respective abilities to know what to charge, what to offer, and how to negotiate, should be informed by research, of course. A canny seller has a good idea of what the market bears, and a shrewd buyer looks for a bargain, if he can. But in the end, the price is what they settle on.

Prost!
Brad

A buyer and seller will settle on a price, but it may not be what the product is realy worth and it may influence what the next buyer thinks the item is worth. This can all go very wrong if the market suddenly decideds that the price of the ietm is false.

Did this not happed with Tullip bulbs at one point in history? The price of them went carzey and people were paying serious money for them. Then One day the people came to their senses and the price dropped over night. Bit of a downer if you had paid the the full price the night before.

 

[uksubs]

What is the retail price of a new Jadgpanther over there is the USA

$229.00 David

 

[PanzerAce1944]

I think it was Malcolm Forbes who said:

"Something is only worth what someone is willing to pay for it............"

Jason, That pretty much sums it all up.....short and simple, straight to the point.

Wayne

 

[theBaron]

... it may not be what the product is realy worth...

What any object is worth is very subjective, and that is the point we are all making. There is no real, fixed, timeless objective worth for an object.

 

[jazzeum]

An object is worth what a willing seller would be willing to sell for and a willing buyer to buy for; no more, no less.

 

[HB120050]

An object is worth what a willing seller would be willing to sell for and a willing buyer to buy for; no more, no less.

I'd add only one more thing: "on a given day". Time is very important in a changing market.

 

[jazzeum]

I'd add only one more thing: "on a given day". Time is very important in a changing market.

Quite true, as values fluctuate.

 

[Desertkiwi]

Popped onto ebay the other day for the first time in ages to check out all these 'cheap' prices folks are all talking about and found very little.

For example I found most K&C items going for roughly the same retail prices or were wildly inflated.

Dropping the usual retail price by $20 or $30 bucks isn't cheap, especially when you're paying postage on top.

I guess it depends upon what part of the world you live in and associated postage costs, but I'm not seeing this flood of cheaper prices.

 

[uksubs]

Popped onto ebay the other day for the first time in ages to check out all these 'cheap' prices folks are all talking about and found very little.

For example I found most K&C items going for roughly the same retail prices or were wildly inflated.

Dropping the usual retail price by $20 or $30 bucks isn't cheap, especially when you're paying postage on top.

I guess it depends upon what part of the world you live in and associated postage costs, but I'm not seeing this flood of cheaper prices.

I've just checked ebay Uk and most sold items from All the company's sold on auction are going for below RRP. but prices in the USA. are staying around RRP but shipping and the weak pound are kill these deals these days with import tax on top

 

[David C]

I've just checked ebay Uk and most sold items from All the company's sold on auction are going for below RRP. but prices in the USA. are staying around RRP but shipping and the weak pound are kill these deals these days with import tax on top

Last 9 Items i purchased on Ebay...all second hand but mint, and postage included in price, Price is pound stirling

AKO71 Me107F £145
DD051 Churchill £65 but no box
DD050 Hellcat £114
WS228 Jagdpanther £110
WSS180 Jagdtiger £156
WSS219 Panzer iv £121
DD135 Firefly £180
BBG005 Hetzer £100
BBG022 Pakwagen £147

Not sure if this is good or bad for UK {sm2}

 

[ChrisTay]

Last 9 Items i purchased on Ebay...all second hand but mint, and postage included in price, Price is pound stirling

AKO71 Me107F £145
DD051 Churchill £65 but no box
DD050 Hellcat £114
WS228 Jagdpanther £110
WSS180 Jagdtiger £156
WSS219 Panzer iv £121
DD135 Firefly £180
BBG005 Hetzer £100
BBG022 Pakwagen £147

Not sure if this is good or bad for UK {sm2}

That is a good price for the Hellcat and for the Hetzer.

 

[Desertkiwi]

I've just checked ebay Uk and most sold items from All the company's sold on auction are going for below RRP. but prices in the USA. are staying around RRP but shipping and the weak pound are kill these deals these days with import tax on top

Thanks Neil, sadly our exchange rate (NZD) only buys .55 pounds sterling so for every pound we'd have to spend roughly $2.00 NZD. As you can see that makes buying from the UK very expensive, hence why I haven't brought a thing from Britain in years.

The NZD currently buys 72 US cents and floats around the 90 cent mark against the Australian dollar, hence why they get the lions share of my TS budget.

And this is all before postage costs.

Of course anyone offering free postage, sweeten's the deal even more and is far more likely to get my custom depending upon the exchange rate.

Ebay may seem cheap to some, but for the likes of us Kiwi collectors it's often better to buy straight from a dealer in Aussie/USA.

Cheers.

 

[uksubs]

Thanks Neil, sadly our exchange rate (NZD) only buys .55 pounds sterling so for every pound we'd have to spend roughly $2.00 NZD. As you can see that makes buying from the UK very expensive, hence why I haven't brought a thing from Britain in years.

The NZD currently buys 72 US cents and floats around the 90 cent mark against the Australian dollar, hence why they get the lions share of my TS budget.

And this is all before postage costs.

Of course anyone offering free postage, sweeten's the deal even more and is far more likely to get my custom depending upon the exchange rate.

Ebay may seem cheap to some, but for the likes of us Kiwi collectors it's often better to buy straight from a dealer in Aussie/USA.

Cheers.

I agree shipping is a killer on deals from other countries when there charging £48.00 for a Afv

 

[LTC PaulN]

Globalization...where the price isn't really the price.

 

[LTC PaulN]

Thanks Neil, sadly our exchange rate (NZD) only buys .55 pounds sterling so for every pound we'd have to spend roughly $2.00 NZD. As you can see that makes buying from the UK very expensive, hence why I haven't brought a thing from Britain in years.

The NZD currently buys 72 US cents and floats around the 90 cent mark against the Australian dollar, hence why they get the lions share of my TS budget.

And this is all before postage costs.

Of course anyone offering free postage, sweeten's the deal even more and is far more likely to get my custom depending upon the exchange rate.

Ebay may seem cheap to some, but for the likes of us Kiwi collectors it's often better to buy straight from a dealer in Aussie/USA.

Cheers.

...Great commentary! The wife and I were in Sydney in 2008 when the US Dollar was getting great to the Aussie Dollar...I took away more than I had planned to from Peter Nathan's because of the value in exchange. Today in Germany, I'd like to be buying locally from a German or French dealer regularly (to support the hobby at large), but with the VAT/shipping it doesn't work with the Euro/Dollar exchange, so I stick with my US dealers.