Sellers: When do you drop your price?

@audioguy85  My unit was listed for 7 days at a price which was likely too high. Hours after I dropped the price it sold. In 8 days, I didn't get that much grayer, though I admit watching it sit there felt longer than it actually was! 

The other debate about selling and profit is one I'm comfortable to watch from the sidelines. It is a fairly deep topic, since it would encompass not just the sale of an audio device but any resources a person possesses. What do we owe each other, is the fundamental question at issue. There is a wide range of philosophical and spiritual belief systems meant to deal with this issue, and once some general principles are accepted, minor examples like selling gear or furniture are easily handled. Working back toward those general principles using small examples is (in my view) a wild goose chase.

gano said: "If I inherit a piece of let’s say [furniture], I would look up the going price and put it on craigslist."

So, using your "moral compass" as a guide, why don't you just give the piece away instead of selling it for money on Craigslist?

@dill - that was my point, but you said it a lot more directly and clearly than I did....his compass makes no sense to me, but he said it's on a case by case basis, so I guess he shoots from the hip.

@dill, @sokogear,
seriously???
I wrote extensively about the nature of the inheritance, I listed examples, I explained that inheritance is not free, someone paid for it, etc. .It would not only be stupid but immoral to give it away to the person I inherited from. S/he worked hard knowing full well someone would inherit it, and would want me to benefit, hence I WAS THE BENEFICIARY on his will, inheriting. By your logic.... wait.... you have no logic. Are you really this ignorant to not read my responses? .We are now at 3rd grade level. I think you just don't want to understand. Please judge me however you want, I am done explaining. We are going in circles and you are ignoring my arguments. 

-You are making way too many assumptions.
" The fact that my relative bought it, stole it, built it - irrelevant if I don’t know the source."
-Now you are saying:
" S/he worked hard knowing full well someone would inherit it, and would want me to benefit, hence I WAS THE BENEFICIARY on his will, inheriting"
So, which is is? You really don't have an argument to ignore. Other then maybe some taxes, the inheritance is free to you or did you work for it?