Stupid Asking Prices- Why Don't Sellers Read Audiogon The Blue Book First?


I’m amazed at the prices most people ask for used equipment. I frequently see 15 year old tube gear with 2000 or so hours on the valves offered for sale at insane-nobody-is-that-stupid prices. Frequently the seller lists the original retail price of the item in the ad then asks 1/2 of that- imagining that it must surely be worth at least 1/2 of retail right?

I’m perplexed as to why a seller does not consider the reliable Audiogon Blue Book as a guide, and consider the condition of the gear as a factor in resale value.

I have also seen sellers refuse an at market offer and say "for that price I’ll just put it in my storage place" while it further depreciates.

Is it that most guys with high end gear are rich enough to ignore the value of moving money because their sense of value is offended?

Asking for a friend......😎

 

128x128Ag insider logo xs@2xyesiam_a_pirate

@jjss49 You are absolutely on the money about how to use A'gon BB.  It is too bad that they don't use a more sophisticated way (fitted curvilinear trend line, for example) to get current estimates.  For my purposes in the table above, I had to use their "averages" simply for consistency andlabor intensity.  On any individual piece I am purchasing I tend to "mentally draw in" the fitted curve/line near the current date.  I also take into account the most likely "individual" sale prices vs. those that are dealer buys.

Because they don’t realize that nothing is worth any more than what someone is willing to pay for it.

Secondly, most of these people weren’t buying, and selling, gear on Audiogon since it’s inception. Therefore they don’t have a clue what gear is worth. Don’t mind me, I’m an old dog. How many here actually bought used gear on rec.audio.marketplace? Those were the days in the early 90’s, long before AG existed. Who remembers AudioWeb Classifieds? Remember when Audio Review had the biggest used gear marketplace on the internet?

I can only answer .... "I do".  If you have been buying and selling from the '80's or 90's you can almost instinctively know if a price is fair or not.

@harrylavo

i am with you... a-gon could do many many things to make its blue book, its forum better... the list is long -- i guess like a 70’s porsche, it still runs, it has a charm, but it is missing what many would feel are modern conveniences

@coltrane1

you still remember the half-size, small font, paper edition, weekly mailed audio-mart?  every tuesday it would arrive, would run to the mail man, read through fast with highlighter, start dialing on the good stuff  ... LOL

’reliable’ is as reliable as we choose to make it -

that really makes no sense. It is only as reliable as the data and  "we" have no choices in that

Something could be sold out desperation, it could be sold as scrap, it could be pristine with warranty, it could have extras like cables or tubes. The data set is too small, the condition of the item is unknown, the circumstances of the sale are unknown, and most of all the actually selling price is unknown since it may or may not be accurately reported and may or may not include fees and shipping.

The blue book is beyond unreliable, in my mind it is pretty much worthless