Here's a fine example of just what you're talking about. I wonder how he
learned that "this is a very rare item and valued over $500". I might
bid
$10 because I can use the chassis.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=220233116053&ssPageName=STRK:MEWA:IT&ih=012
"DeeExxx" <fauborgflorida@[EMAIL PROTECTED]
> wrote in message
news:3c746a21-fc3f-4ae2-be6d-7ce2cc0ed58c@[EMAIL PROTECTED]
> On May 11, 2:14 am, terry <tsanf...@[EMAIL PROTECTED]
> wrote:
>> On May 11, 2:07 am, "William Noble" <nob...@[EMAIL PROTECTED]
> wrote:
>>
>>
>>
>> > "Steve" <za...@[EMAIL PROTECTED]
> wrote in message
>>
>> >news:48264fad$0$34536$742ec2ed@[EMAIL PROTECTED]
>>
>> > > Frustrating isn't it?!
>> > > Long ago I stopped trying to educate people on value,
>> > > and the relation****p with condition. More often than not
>> > > they think you're trying to rip them off.
>>
>> > > My favorite is when I get "my neighbor (uncle, ex-boyfriend, etc)
>> > > said its worth a LOT of money". I'll reply: why didn't they buy it?
>>
>> > > Steve
>>
>> > I ususally say that it might well be worth whatever the price is, but
>> > if
>> > they want to sell it to ME, then it will have to be <whatever I want
to
>> > pay>,
>>
>> > I don't try and educate in most cases, but anyone can understand "all
I
>> > am
>> > willing to pay is ZZZ"
>>
>> > ** Posted fromhttp://www.teranews.com**
>>
>> Analogy could be?
>> What would you pay for an old car/pickup been in somebody back yard
>> etc. untended/undriven, unlicensed, unregistered etc, tyres old and
>> probably flat, bad battery, rusty, maybe parts missing etc.
>> Versus a reasonable condition model been looked after, occasionally
>> driven/washed etc.
>> Versus again; a highly restored museum quality vehicle which could be
>> sold for many time its original price due to its fine condition and
>> rarity.?
>
> The problem is, people think they have already been "educated" by e-
> bay and Antiques Roadshow (a show that I love dearly, BTW). I remember
> a time before either when naive asking prices were either laughably
> low or over-the-moon crazy. It was possible to bargain the latter down
> to a degree, if they actually wanted to sell something. There are
> people, some of whom own shops, that do not really want to sell
> anything; they feel secure surrounded by their stuff and parting with
> anything is like selling a child. Those types I don't waste time with;
> they need professional help.
>
> They key phrase in the A.R. context is "well-advertised auction" or
> "in my shop". IOW, if a a world-class expert promotes the dingus in
> question, you may get top dollar for the condition. OTOH, if you think
> you can sell it out of your front yard for the same price, you're
> dreaming; but people don't have context to realize that. Or they look
> at price guides in a bookstore (without buying the book and reading
> all the caveats) and think that's the price they should ask.
>
> I hope if I ever get on A.R. I have more humility and grace that some
> of the jerks. Like the guy who told the appraiser, before his spiel,
> that he wouldn't take less than a quarter million for a letter signed
> by Jeff Davis. The expert tried to deflate his balloon gently; the
> letter was really worth a few thou at most. Or the guy in Louisville
> who said his family had almost burned up a corner hutch for firewood,
> but they were "sure" it had been made by Thomas Lincoln (Abe's dad).
> Sheesh! And this only what you see in the segments, I'm sure its 10X
> worse in the table-top appraisals we don't see.
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