How do you guys and girls price your knives for sale?

I usually just price my knives at what I would be happy with receiving. If another knife knut gets a deal, good for us!
Maximizing my profit is my least concern, why? Because everytime someone buys that knife (same knife gets turned over) the price keeps climbing. Then I’m out of the market if I ever wanted to replace it.
But really, I don’t mind selling to someone I know loves knives and give them a deal. People have done it for me. :)
 
NXS1 said:
Research recent aales
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I don't mind trying out a new, local brewery. Do you have a list WITHOUT nearby knife dealers? I can only support one corporation and two small businesses at a time.

Well, maybe 2 of the former, 3 of the latter.

Is there a hotel, or wedding nearby to crash?

Karaoke at a knife shop doesn't work as well as it does at a hotel bar or a wedding.
 
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Know the median price of a car in 1970 was $3500 and today it's $48000.

Someone should do this with knives, just wondering.
 
Problem with leaving the sale price up is that who knows what the market was like on, say September 18th 2022? It seems to change several times per year (going back and forth between a “buyers” market and a “sellers” market.)

For example, right now is not a good time to sell, so the prices right now WILL be lower than they will be on say December 18th this year
Probably lol

And then in a few months prospective buyers will be saying “so and so sold this exact same knife for X amount, so I’ll give you X amount, minus $20, sound good?”

John_B said:
Know the median price of a car in 1970 was $3500 and today it's $48000.
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That’s a lot of knives!
 
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I think it also matters what time of day, what day of the week, and what time of year it is lol. When are the most people looking?
 
Bottom line is there is no substitute for following the exchange daily. If it’s important to you then you need to put in “the work” 😂. I do not know of a more liquid exchange than the one here…

Search for models you are interested in. Sometimes sellers leave the prices shown after sales, and sometimes the buyers post “I’ll take it for $x”.

Otherwise, try discounting replacement value by +/- 20 to 30%, while taking the model’s availability and item condition into your consideration. Scarcity value counts for a lot in my experience (eg Demko ad20 MG trade at or above original retail)
 
I use BF sale prices (when/where available}, EB & ACK sales for pricing info.

BF sale prices tend to be on the low end because the only additional cost of sale is shiping.

ACK prices tend to be on the high side because of ACK's 25% sales commission.

EB sale prices tend to most accurately reflect the current market prices for knives, because it's based on a world wide audience & a more competitive marketplace.

I usually go somewhere between BF & EB pricing for the initial asking price here.
 
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Scott.Maslowe said:
Incidentally… Why do we delete the price we sold at? Is this obligatory or just a habit that one guy started and everyone sheeped in until it became institutionalized in us?

Going to enjoy the day with my children and enrich their childhood in the hopes that when they graduate high school and I’m kicking them out the door to their dishwashing jobs, screaming “It’s Rick Hinderer and John Grismo’s fault, not mine!”,
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You've been here slightly longer than a year....

Perhaps it would be much wiser, if you spent your time keeping an eye on those wolves in charge of teaching (or in your own word's "institutionlizing") your children.....
rather than worrying about why some of us 'sheeped' member's here on a knife forum on the internet, delete our sales prices.......

Bottom line is: It's none of your business.

gamma_nyc said:
Bottom line is there is no substitute for following the exchange daily.
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^ This!
gamma_nyc said:
If it’s important to you then you need to put in “the work”
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^ And therein lies the the answer to this beaten to death topic; society as a whole, has just become too damn lazy, to do any of their own work, anymore.
 
It's actually quite easy to price knives for reselling. Start at a price you hope to get, and if it doesn't sell, you drop the price until it does or until you're at a price you're no longer willing to accept.
 
The value lies in how much you will regret selling it 10 years down the road, and can't go back to fix your own foolishness.
 
If the knife is still in production, price it at least 20% off what the online stores are charging. When the knife is out of production, try to get the original price. If it’s a rare in demand item, go a little bit higher.
 
KELAMA said:
You've been here slightly longer than a year....

Perhaps it would be much wiser, if you spent your time keeping an eye on those wolves in charge of teaching (or in your own word's "institutionlizing") your children.....
rather than worrying about why some of us 'sheeped' member's here on a knife forum on the internet, delete our sales prices.......

Bottom line is: It's none of your business.


^ This!

^ And therein lies the the answer to this beaten to death topic; society as a whole, has just become too damn lazy, to do any of their own work, anymore.
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Congrats for being ‘that’ a-hole who goes and poisons a perfectly fine discussion. You think the topic is beaten to death, yet there you are swinging your tiny stick. 507 positives and still a total d-bag. Maybe get some other hobbies and spread your wings a bit? Just a thought.
 
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