On Wed, 2005-04-06 at 01:12 -0500, Patrick Finnegan
wrote:
Another example of where the Christie's
auction helped to make people
think that things are worth *way* more than they really are.
A while ago I was discussing EBay-like prices with people (for old
computer stuff). Their argument was that EBay prices reflect the true
state of the market and the true worth of classic computer items.
I was discussing this on another mailing list, this time for Citroen XMs
(you don't get them in the US, so a bit of background - they are a big,
weird French luxury car that cost a fortune when new). You'd be amazed
how many people try to sell their "Immaculate R at RE Meteor grey 2.0Si Auto"
with a starting bid of ?500 - for possibly the most common and least
desirable model. Then they get all snotty when you point out that better,
newer and more sellable ones are going for less than ?100. "Oh well if I
can't sell it for ?500 then I'm just going to scrap it" - Well, that's a
shame, you could have got a ton for it, but now you're going to have to
pay to have it taken away.
Gordon.