Quote:
Originally Posted by Snapolit1
I agree with most of what you guys are saying. Photos are different. But the fair market value of a photo could be a range of 5,000-10,000. A wide range. When someone asks 30,000 for that photo that's unsupported by the market as it currently exists.
The best market indicator I see is what are highly educated people willing to spend on RMY or similar sites. If a photo gets 1500 views and sells for 750, to me that's a pretty good indicator of current market value.
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Well said as well. That is true. BUT there are exceptions. Now I know who you are talking about in regards to winning photos at RMY and listing at 10X that and agree that is a bit much, however there are still people that do not know about these photo auctions and are willing to pay up. (so why not) lol