Why WS041 is so expensive (1 Viewer)

[sv288]

I would like to have an explanation why WS041 is going for a ridicules price.

 

[Njja]

That is a good question! The only thing I can say is it has always been a

high priced set!

I wasn't crazy about it, and passed but once it was retired the demand drove

the price way up! It still leaves me cold, and I would pass on it for $100!

However others like it, and I show one selling for $697 and another

for $405

Just two examples of its value.

 

[jazzeum]

It hardly appears on ebay, only a two or three times a year. It's actually gone for more than the $405 it went for in June. In June 2007, two actually sold for around $700. Now, if you checked Ebay UK in June of this year, you might have gotten it for $196.

 

[tdubel]

supply/demand. End of story on this set.

Other items - Look at the LAH Drum Horse, easily brings $500 in my opinion. Another example Winter Tiger, Mobile 88 (WS 55,6 and 7), Stationary 88, WS15 Tiger, WS 25 Tiger. All of these are tough items. If(when) I sell mine, I know what I want to get for them, I will either hold them or sell at my price, thus another factor in the market.

Ok, so in a disjointed summary:

1. Supply/Demand - rare items, usually big prices
2. Who is buying them? Some of us are crazier than others.
3. Who is selling them, ie, how much does the seller have tied up in the item.

I guess, sometimes, the content/greatness of the item has little to do with the price!

IMO

TD

 

[Vezzolf]

I would like to have an explanation why WS041 is going for a ridicules price.

Don't get taken.....If something is priced ridiculously......It will be even more ridiculous to purchase it.......

 

[Njja]

Tdubel:

I agree, and I have always felt that price drives the marketplace. Take the

Drumhorse for example, a lovely piece. I bought it new and had it sitting in a

Large display with 100 other pieces, didn't really think that much about it.

Never saw it listed on Ebay, didn't even catch when it was retired.

One day I saw it go off on Ebay for $611

A perfect opportunity to exchange it for several of those Model Motoring

Mack Trucks I suddenly decided I couldn't live without!

Perhaps a bonus for the shipping department, and a fancy diner out.....you

know to keep the divorce lawyers at bay.

Point is mine became available, as have several others the current one on

Ebay is the 4th this year. So collectors that missed the piece now have a

chance to add it to their collection.

Price encourages people to release items, which benefit other collectors

such as myself looking to complete the Original Arnhem Series.....and other

classic pieces otherwise unavailable.

 

[Njja]

Don't get taken.....If something is priced ridiculously......It will be even more ridiculous to purchase it.......

To address the "Doom and Gloom" side of things.

Anything over the original price is too much.........ok, then no one will ever

sell anything a collector might have missed......so whats the point of

collecting?

Personally I enjoy having items I like, some I paid retail for, others quite a

premium, which those I paid put to good use on other items they wanted.

Would I like to find Arnhem 07 Set #1 yes.

Would I like to pay $192 for it? Hell why not $50?

Point is I don't have another 1000 years to wait for that to happen.

You pay what you are willing to spend, and the seller is willing to take.

Its just that simple.

Why some people have to sit in judgement of others is beyond me.

No one is telling them to spend $1 more then they seem fair for an item.

Perhaps they feel priced out of the marketplace.......well thats life!

Someone is always going to have more $$$$ then you.

If you do your research, and homework you can find whatever you like, at

a price acceptible to you.....thats the real fun of collecting.

Do I enjoy an item I just spent thousands for more?

Hardly, its how you found the piece, and how you made the deal. One of

my favorite pieces is the SAS01 which I picked up this year for $125.

That was less then original retail, and I didn't have to wait 1000 years.

 

[tdubel]

Don't get taken.....If something is priced ridiculously......It will be even more ridiculous to purchase it.......

In my opinion, this statement is ridiculous. People buy what they want, pay the price they want or the price the item commands, End of Story, its a Capital market. Some items appreciate in value, others do not. You choose to buy what you want at the price you want, others do what they want, its a free market.

TD

 

[jazzeum]

Don't get taken.....If something is priced ridiculously......It will be even more ridiculous to purchase it.......

Just the same sad song we've hear from him for years. It's not your money so what do you care. Please give it up. This song is out of tune.

 

[sv288]

I remember seeing one this year during June on the U.S. ebay. It sold for over $600 without the original box. Now that is just plane ridiculous to me. I would love to have WS041.

 

[pnadworny]

Is WS041 the Wittman Tiger???

Patrick

 

[jazzeum]

No, it's a Panzer II.

 

[Capitolron]

In my opinion, this statement is ridiculous. People buy what they want, pay the price they want or the price the item commands, End of Story, its a Capital market. Some items appreciate in value, others do not. You choose to buy what you want at the price you want, others do what they want, its a free market.

TD

Excellent post - well put !

 

[tdubel]

Excellent post - well put !

Thanks Ron, actually now is the time to buy these items as their prices have been drifiting lower. You just have to find a seller!

TD

 

[lancer]

This is a hobby. People buy what they like and pay what they are comfortable paying for said item. If said item is too expensive for your taste, one does not buy it. This is called COMMON SENSE. Point is, it is your money to do with as you please and no one elses concern (excepting, of course, one's better half). JMHO. -- lancer

 

[theBaron]

"For the first thirty years of an object's life, its value is purely speculative"--Rinker's "Thirty Year Rule", Harry L. Rinker.

He was talking about the larger collectibles field, but I think it applies to our corner of that field with equal validity.

Prost!
Brad

 

[sv288]

I saw the Lah horse with the drums on it sold for a lot today.

 

[Njja]

$467, actually a bargin compaired to its high of $611.

 

[jazzeum]

I remember when you couldn't give that Kettle drummer away. How times have changed.

 

[Spitfrnd]

"For the first thirty years of an object's life, its value is purely speculative"--Rinker's "Thirty Year Rule", Harry L. Rinker.

He was talking about the larger collectibles field, but I think it applies to our corner of that field with equal validity.

Prost!
Brad

I am not sure I follow Rinker's logic. The value of anything has two private components, what a buyer will pay and what a seller will take. When they match there is a transaction that provides some public evidence of value for that moment. At the next moment, there may be a higher or lower public price possible. The more transactions, the more public evidence of value. A lot of it depends on timing and information and how efficiently the private buyer and seller values are communicated and matched. Whether this value is at any point speculative seems an oxymoron since without perfect information, it is not possible to know all the possible private price points if, as in collecting, the buyers and sellers are well dispersed. Whether 30 years of public pricing information on any collectible is too much or insufficient to accurately predict the next public price is completely dependent on a number of factors, including the number of transactions, the distribution of the prices and how representative the buyers and sellers in the distribution.

Anyway, I agree with the market comments, the value to me of something I want is what I will pay (or as noted by Lancer, am allowed to pay) and it is not absurd if buying it gives me pleasure. Of course, if I can find it for less, the pleasure will be greater.