- Joined
- Mar 8, 2008
- Messages
- 25,896
This. To steal a thought from Bernard Levine, truly rare things are rarely valuable because there is no market for them.
Or they're so rare that they're priceless, because there's no prior data to base value on, and/or most people don't even know it exists.
Meanwhile, common economy axes like Norlunds get an inflated value simply because some modern day, well-known, self-professed "experts" declared them to be the best axes ever, despite them having been hang-packaged discount models made for outdoor recreationalists. The hype leads to demand, and demand leads to inflated prices, despite the relatively low grade and commonplace nature of the models from an actual rarity standpoint.