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......😎

 

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Showing 2 responses by mulveling

There are "dreamers" on every sales platform. I don’t think it’s too bad on audiogon, overall. And the bluebook itself wasn’t a great guide - though it’s been years since I had access. The bulk of data lagged behind recent trends (usually trending down), so the book’s "value" was usually too high to actually move gear. So I found no value in BB access. Maybe that’s improved, but hifishark seems like a better tool anyways, and it's free.

I’ll look for a specific piece and sometimes I’ll wait 2-3 yrs.. I know in this hobby, if you’re patient and emotionally detached, you’ll eventually get what you want. It seems when I wait, I always get an even better deal -and it makes it that much sweeter. 

Please hop in a time machine and teach a younger me this lesson 🤣