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#1
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My motto is I can tell you what a photo is worth, but not what an insane rich person would pay for it.
Last edited by drc; 06-02-2012 at 02:25 PM. |
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#2
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Quote:
An item is worth what someone is willing to pay plain and simple.How are you defining worth? In terms of monetary value?
__________________
[I]"When you photograph people in colour you photograph their clothes. But when you photograph people in B&W, you photograph their souls." ~Ted Grant Www.weingartensvintage.com https://www.facebook.com/WeingartensVintage http://www.psacard.com/Articles/Arti...ben-weingarten ALWAYS BUYING BABE RUTH RED SOX TYPE 1 PHOTOGRAPHS--->To add to my collection Last edited by Forever Young; 06-02-2012 at 02:32 PM. |
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#3
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I said necessarily... Last edited by Splinte1941; 06-02-2012 at 02:42 PM. |
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#4
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If it isn't already clear, I include jokes in my posts. For example, those who know me in person know I don't drink. My motto was half tongue in cheek, half my serious opinion. I don't think something's financial worth is always what the highest bidder paid. World's records, in tight rope walking to marathons, are inherently about extreme instances that don't mean much to the rest of us.
And I don't pretend to be or advertise myself as an appraiser. Last edited by drc; 06-02-2012 at 03:04 PM. |
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#5
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IMO. |
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#6
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That's even another good point. When you see an auction price, you can't even be sure if the price was legitimate. Beyond shilling, you sometimes don't even know if the transaction went through. How can you use an price as an iron clad value, when you don't even know that price was ever paid?
Quite a few buyers have later deduced they were probably shilled when they try and resell the item and can't even get half. For various reasons, I think going by a single sales prices is a dubious way to determine value. Obviously, savvy dealers buy things based on what they think they can sell it for later on. They are in the very business of knowing something's real financial worth is often different and changing from what the is the purchase price. The dealer didn't pay $500 because he thought it was worth $500. He paid $500 because he thought it was worth $800. He essentially bought it because he thought the $500 price tag was wrong. Last edited by drc; 06-03-2012 at 01:42 PM. |
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#7
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JAKE, Good point on the X statement. Two might tango on a rare item. Then another will surface and one bidder is out of the equation. PS: I knew you weren't drunk David...hence my attempt at humor with yoda and boom boom stick... aparently some people believe Yoda truly does exist
__________________
[I]"When you photograph people in colour you photograph their clothes. But when you photograph people in B&W, you photograph their souls." ~Ted Grant Www.weingartensvintage.com https://www.facebook.com/WeingartensVintage http://www.psacard.com/Articles/Arti...ben-weingarten ALWAYS BUYING BABE RUTH RED SOX TYPE 1 PHOTOGRAPHS--->To add to my collection Last edited by Forever Young; 06-02-2012 at 03:30 PM. |
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