Sellers: When do you drop your price?

@gano  you’ve never gotten a bargain? No one was forced to do anything they didn’t want to do. On what ethical grounds are you making an argument, if there is an argument there at all?
Others, am I bound to set my price based on what I paid? Did I do wrong, here? To me this is a ludicrous claim, but maybe I’m missing something. 

You did nothing wrong. You completed a sale, something that is done millions of times on this planet everyday. You had a good product at a good price and a buyer that agreed, that is what it is all about, a business deal. You exchanged an item of value for an amount of money, that both of you agreed on. gano is just being judgmental, hard to believe he has never sold something for more than he paid for it.

dill +1
Good for you hilde, you moved the gear quickly, and can claim some vindication regards those who hammered you a bit on the initial price.
I've never made money selling gear, and never tried, but it's hard to see how this could be morally objectionable, if there is no misrepresentation:
Suppose I buy a pristine [your favorite big $ piece here] for 10% of retail at an estate sale; I've not harmed anyone by re-selling it for 11% of retail -- on the contrary, looks like I've helped them.

I do find the people who set out to make money whenever they swap out gear a bit odd  -- again, not my MO for my hobby -- but if they play by the rules, what's the beef?

Yes, I agree with the last two comments. I am not a gear swapper and am not dishonest. I am not a profit seeker in this hobby. And even if I was, if there is no coercion or dishonesty, buyers have their freedom to do what they like. Many times on this forum, people have defended the right of buyers to spend whatever they like on equipment and for merchants to charge what the market will bear. $100k speakers? No moral argument against that as long as everyone is on the level. The fact that a sale takes place between hobbyists makes no difference at all.

FWIW, my wife recently bought a table at a thrift store for $100. She’s now seen it on multiple auction sites for $3500. By my critic’s logic, she should sell it for $100. If that’s not a reductio ad absurdum I don’t know what is.

Congratulations on completing the sale. There is absolutely nothing wrong with asking for and getting more out of an item than what you paid for it. The thought process of gano that you should always lose money on gear is bizarre. If both parties are happy, then no harm is done. IME, it is rare to make money on this stuff, so enjoy it when it happens.