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 1 response by yesiam_a_pirate

This has been a fun discussion!  When money is involved some people really get into their feelings. I enjoy the reasoned responses and the nutty emotional ones as well :)

FWIW I like the $100/yr AG Blue Book subscription and the eBay completed sales feature as my guide as I'm assembling another system on a budget. "Budget" is a relative term of course- everyone's got a different one. 

Anecdotal observation: I was given a ARC VT130 that was blowing screening resistors. It was a mystery gremlin as the 6550s were red plating, the screening resistor was repeatedly blowing with no shorted tube, no shorts in the circuit and no failed transformer. I called ARC to get a quote on shipping and repairing it. I was told they had an 8 month waiting list for service!!

The fellow there told me that during COVID people were digging their old gear out of storage and reinstating it. Stored units deteriorate and electronic parts degrade, pots get corrosion, etc.  

Moral of the story: 1) buyer beware. 2) leave room in your calculations for repairs. 3) Figure out where to have the gear checked out and how long you will have to wait to have it functional. 

Thanks for all the fun input!