[cctalk] Re: Revocable Living Trust for Computer Collectors

Simple answer: price is what a buyer will give for the item, and the seller will accept. It is a psychological thing, not an objective metric and not a constant or anything that can be determined by analyzing what the item is. For example, consider "luxury goods". The WSJ a few days ago had an article about luxury handbags (Hermes, I think), which have a list price of $12k or so, can be immediately resold on the used market for almost double that, but cost perhaps $1k to make. Conversely, an RK05 may have had a list price over $10k new, a parts cost certainly of several thousands of dollars, a cost to reproduce that I can't guess at but is bound to be high, a sentimental value that's all over the map. But what can you sell it for, if anything? Not much, I suspect. Those asking prices are simply attempts to see if someone is willing to pay that. If not, not much harm done, except to the extent that it turns away people who might be interested at a better price and now won't even bid. You can call it an attempt to find suckers, but it might also be a realization that people vary wildly in what they will pay for weird things, and it may also in part be a case of the seller not having much of an idea about the market. paul