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Market Value
Posted: Thu Feb 02, 2012 10:16 pm
by waxandthreads
Do you guys think Ebay sets the market value or reflects the market value of vintage t-shirts? .... then explain why.
Re: Market Value
Posted: Fri Feb 03, 2012 12:52 am
by jimmyj
Auctions reflect. I think auctions, especially by known eBay sellers with built in traffic, are a pretty good indicator of the true market value. Sure you can get a few guys battling which might inflate it - but generally they're a good gauge.
When you watch a show like Pawn Stars they commonly say, "In this economy.." about most of the collectibles being offered - when customers come demanding prices from a few years ago.
Auctions as of late are coming in a lot lower - which is why most sellers find them too risky. I think sellers are still in a bit of denial - fixed prices haven't come down that much. But strangely we keep getting these record breaking sales - so positive sign about the strength of these items as collectibles.