From Peter Forrest Sent Sun, Feb 17th 2019, 10:47
From Peter Forrest Sent Sun, Feb 17th 2019, 10:47
There's an interesting variation of auction systems called 'Dutch = auction' - in the UK at least - it might be called English auction in = the Netherlands for all I know. Basically the auction starts at a high price and then goes down until = someone jumps in. It must be incredibly tense in a live room, looking round at your rivals = and waiting to see a sign that they are going to bid. But it requires the auctioneer to know a price which is higher than an = item could possibly reach - not always easy - plus you don't get = competitive bidding in the same way. I guess you could have a variation of this where the bidding could then = start going up again if there was competition. As for supply and demand, in the current world there are a tiny tiny = proportion of people for whom price is almost irrelevant - they have so = much money from bitcoin or London property or merchant banking or oil or = whatever that 10000s are like tens to most ordinary people. You just = have to hope they don't want the things you want. At least thanks to Uli B we can have impressive knock-offs of classics = at ultra-reasonable prices. Peter -----Original Message----- From: Brian Willoughby [mailto:xxxxxx@xxxxxxxxxxxx.xxx]=20 Sent: 17 February 2019 02:50 To: Analog Heaven Subject: Re: [AH] ARP2600P with 3604 Duophonic Keyboard and 1613 Arp = Sequencer There=E2=80=99s the basic rule of economics: Supply versus Demand. As = the supply of money goes up (all countries are increasing the supply of = their fiat monies), prices go up. The only exception are advances in = efficiency which cause prices to go down. Meanwhile, as the supply of = money goes up, the supply of ARP 2600 synths is slowly diminishing. I don=E2=80=99t see how this can be blamed on credit cards. It=E2=80=99s = unsustainable to continue to buy things just because credit cards allow = instant access to money. At some point, people have to pay for their = synths - plus interest! There=E2=80=99s also the principle of =E2=80=9Cclearing the = market.=E2=80=9D There may be only one person out there who really wants = an awesome example of a 2600 with sequencer, but if it=E2=80=99s offered = at a lower price then lots of people will try to buy it and it might not = go to the person who=E2=80=99ll most appreciate it. Whether you have = millions of similar items or just one, you start at a high price and = keep lowering it until you=E2=80=99ve sold all of the inventory (or you = find that it=E2=80=99s better to just keep the remaining inventory at = the final price). On Feb 16, 2019, at 6:40 PM, Justin Maxwell <xxx@xxxxxxx.xxx> wrote: > Or we can go with Occam's razor and say that prices have gone up = because demand has gone up. >=20 > There's a slight twist in that auction sites are driving prices way up = as sellers offset fees with higher prices, but if someone is paying $x = for a synth it's worth $x to them, as simple as that.=20 >=20 > On Feb 16, 2019 at 6:36 PM, <Frank Bonarrigo> wrote:=20 >> No, Im just suspicious of the cost of gear in general. Been into = buying gear since the early 90=E2=80=99s and the only conclusion I can = come with is people are buying with credit cards. Which makes people buy = with less pause ,I think, and prices go up. >>=20 >>=20 >> Not that your arp is not worth what you are asking. Its awesome