13 Apr
2005
13 Apr
'05
1:05 p.m.
At 02:45 PM 4/13/2005, vrs wrote:
I think it's like confusing Silicon Valley (or
Portland, Oregon) with the
world :-). Maybe if I lived and worked where you do, I would see hundreds
of different venues doing a brisk business in this stuff. [...]
I think the term "the market" should refer to wherever the bulk of the
available stuff trades, (provided that the venues included are actually open
to the general public).
There is no "there" there. There will always be tremendous variation
in regional density of particular items, and this necessarily affects the
price, which is why arbitrage flourishes on eBay.
I've never seen most of these BBC micros in person, for example, but I'm
sure they're quite common across the pond. There may have been a couple
dozen Teraks at a half-dozen universities around the US, but they may not
have ever existed in other areas of the country. You have to consider
where the items were commonly sold as well as where they were
commonly scrapped.
- John