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High End is Dead?

Browsing used audio sites such as Audiogon and the Marts, high end gear ads are dominated by several dealers. Non-dealer ads are usually people trying to push 15+ year old off-brand junk at 60-70% of MSRP (when they were new). They don't sell anything. You could slash Wilsons, Magicos, etc, 50% off retail and no one will buy them.

No one buys if it costs more than 1k. It's not that they're not interested -- the ads get plenty of views. It's that the asking prices are just way over the ability of buyers to pay. Fact is, if you see a high end piece for sale it's probably by a dealer, often times trying to push it at 15% off retail because its a trade in, but also often they are taking a good chunk off the price 30, 40 sometimes 50% off. They can be famous brands with a million positive reviews. No buyers.

Are we just poor, and that's all there is to it? 
madavid0
Ag insider logo xs@2x
astewart8944
499 posts
 
+2 craigl59
+1 schubert
The better my system has become the more I want to listen to classical music on it. I always have enjoyed classical music, but it seems the hardest to "recreate" electronically.
Live music is the gold standard; un-amplified live music is the platinum standard. My kids learned to play acoustical music on a high quality instrument. Now they all seem to have a keen sense for and appreciation of dynamics, timbre, and the emotional investment a musician needs to make an acoustical instrument convey meaning beyond words. 
gdhal's avatar
gdhal
1,641 posts
 
craigl59 - Musical style also has an impact on high-end audio purchase. Classical music requires significantly higher audio quality to sound pleasurable than do most popular styles....
+1
pkvintage's avatar
pkvintage
199 posts
 
2 simple comments. The younger generation are into pocket hifi (cell phone) and head phones. It's the instant gratification, download it, listen for a week than onto the next pop star song. Not about the quality. Although there is a nice little push from old soul younger generation for good vintage gear. 

Baby boomers are still buying good gear. They have the $ and the memories of those pounding Kabuki speakers but now they want the real thing so open up the wallet. 

One more. If you told  Audio Note high end audio is dead I don't think they would beleive you. Just sayin. 
retired-hank
4 posts
 
High-end system is not dead but its market share is much smaller.

How many people can afford a $50K+ system unless they are filthy rich?

Most of us only have a certain amount of disposable income.  A good audio system is only a dream.

I put together a system when I was in high school, Pioneer integrated amp, Dual 505-3 turntable, Nad turner, Nakamichi cassett deck, Denon CD player, and a pair of PSB book shelf speakers.  I had this system for the past 50 years (and I am still using it as my spare system) and it was only 2 years ago that I decided to buy myself a retirement present (audio system) because I do not have the same responsibilities as 50 years ago.
electroslacker
375 posts
 
For many of us, the central thing that was happening in the 60's and 70's was the sudden surge in creativity of relevant music, and we wanted to experience it as fully as possible.  Our experiential lives were directly related to the music we experienced. It was our window into the world. HEA was a magical lens into the amazing musical events that were unfolding daily.  Now, the Internet and clever apps give us that lens into the world, so HEA has lost its value proposition.

In a world of batteries driving something as powerful as an iPhone, the big, heavy, dumb offerings of HEA seem dubious to greater numbers.




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