Msg: 5723 *Conference*
03-26-95 08:48:43
From: RICHARD HANSON
To : JERRY SCANLON
Subj: REPLY TO MSG #5716 ($$$$)
Excellent subject, Jerry. This is worth open discussion so I moved your message and my reply into the Conference for group work. You asked: > One question. I noticed a Mod102 in you for sale listing for a > couple hundred bucks. And in your consignment list, it was like 450. > I got mine, in near-new condiition, at a yard sale for $3. The only > questions I have, are, Is the reason for this the Large empty socket > in the underbelly, or was I just lucky? Price is a concept not a reality. There is no set price for anything in this world. This is "the reason" we must shop for "everything" we purchase. Sole source prices are more solid then multi-source pricing. Model "T"s are multi-source, i.e., free market compitition ... the foundation of our economy. I understand that the Model "T" marketplace is multi-source and mark a starting price on the high side of the market. I can, and will come off that price when asked. If I am not asked then "that" is the price paid. On the back end, I have fixed and variable costs to consider ... I am a business. An individual has no bottom to price beyond emotion. In your case, you are a knowledgable buyer. You discovered, by chance, a Model 102 for $3 and realized its value "to you" was much higher. I, too, have purchased Model "T"s for nothing and sold them for fantastic profit. But then I have also purchased Model "T"s at mugh higher prices and made a whole lot less, or broke even ... no profit whatsoever. But don't cry for me. It is a free market. We all have the "right" to prosper. We all have the "right" to fail. A note about the (2)ForSaleAds and my consignment list... I do not attempt to compete with members of this club. Thus, I do not "suggest" price, or delete ads with competitive pricing. I leave this market alone ... as I should. On the other end, as a "broker" for others' goods, I have an "obligation" to get "clients" the most I can for items intrusted to my care. Of course, there is no perfect in a free market. Again, excellent subject, Jerry, and congratulations on finding a "treasure." -Rick-