What the Heck Is Going On???

DE OPPRESSO LIBER said:
notice alot of the overpriced old shcools are just sitting there WAY OVERPRICED:eek: when they are priced fairly they only last minutes sometimes seconds :D
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I think you should say that it is your opinion that it is overpriced, or you could say that you wouldn't pay the asking price. But to say that it is overpriced means that you actually know what the right price is.

And we all know that no one knows that. :o
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Well, if they are sitting there unsold, and there's nothing wrong with them - you can only figure that the reason they haven't sold is because they are over priced.

If the price was more in line with the "correct" price - they would sell.
 
I've been offline and missed some wild stuff in the last twenty four hours!!

* I think with all of the Ganzas lately, some Custom Shop old-form models have shown up and fulfilled the "grail" knives for some folks. Grail fulfilled, they may sell off some off other stuff they've got to maybe check out some other models. Likewise, the guy sitting on the old school piece, may buy a Custom-Ganza in the same form, then sell their older one. What else? Tax time, ganzas, economy sux (at least parts of it, like home sales! :() Lotsa INFI out there!

* Congrats to Foo! :thumbup:

* Need a beer and some mexican food... chili relleno and Negro Modelo, here I come!
 
Well it seems to me that since the actual production facility has grown soo much, Jerry needs to pay for the building/staff and make a profit. Since the Company as a whole has grown there needs to be a greater flow on income which translates to more blades produced...thats all...
 
Grimspoon said:
Well, if they are sitting there unsold, and there's nothing wrong with them - you can only figure that the reason they haven't sold is because they are over priced.

If the price was more in line with the "correct" price - they would sell.
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Really? It is that simple uh?
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You dont think if the prices were lowered, or more in line with items that have sold in the past, that they would sell?

I tend to agree with DE OPPRESSO LIBER, and some of the blades that didn't sell are way overpriced.

So yes. I think it's that simple.
 
Well as the saying goes "it takes two to tango".

Lets say I put this knife up for sale at a price I'd sell it for, Say $2,300.
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You might say that is overpriced but the problem is that I won't sell for anything less. So if a transaction happens it will be at $2,300 and that IS THE PRICE. You may say I have overpriced it, I may say you don't see the real value.

Again no one knows who is right and no one knows what the right price is.
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Market value usually is the price a willing buyer would pay a willing seller for an item with neither buyer nor seller under pressure to act.

So with your above example, I may think the knife is overpriced, but if you manage to actually sell it the buyer probably thought the price was reasonable.

If nobody buys that knife and just sits on the exhange with no interest in buying - it's over priced. And that's the situation - as I understand it - that we're discussing right now.

As DE OPPRESSO LIBER mentioned, there are / were some old knives that were put up with ridiculously high prices shortly after similar knives sold. Those similar knives were pricey, but within reason and they sold immediately.

The expensive ones never sold (as far as I know) and it's because they were way over priced.
 
Right, and if the sellers who have older Busse knives aren't willing to lower their prices to match what the market is willing to bear - they go unsold. Which would indicate that they are over priced - even if the seller doesn't think so.

Tony G said:
Really? It is that simple uh?
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Edit: That leads me back to my original point. Yes, it is that simple! :p

So why do you take offense to this? Do you have over priced knives for sale on the exchange sitting unsold? I don't get the problem you have with this.
 
if i had alot of dough, i'd buy alot of the old school blades! i've paid top dollar for my first few blades (they were hot at the time), but no regrets! i buy what i want. so does everyone else. the system is fine!

let's drink!!
 
Oh you are mistaken I take no offense and I don't have a single knife for sale.

For me this is just an academic exercise into the nuance if value; just when you think you know what something is worth.... wham a transaction happens that will blow you away.

Look at that $200 MrS sale that happened, willing seller & willing buyer, was it market? No.

eBay a month ago BBSHSHII $2050 was it market? Who knows? :confused: :confused: :confused:

And my point was that you just can not say that things are overpriced as if it is fact, people that do this for a living and get paid a ton of money, at best have an "opinion".

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Grimspoon said:
Right, and if the sellers who have older Busse knives aren't willing to lower their prices to match what the market is willing to bear - they go unsold. Which would indicate that they are over priced - even if the seller doesn't think so.




Edit: That leads me back to my original point. Yes, it is that simple! :p

So why do you take offense to this? Do you have over priced knives for sale on the exchange sitting unsold? I don't get the problem you have with this.
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Grimspoon said:
Right, and if the sellers who have older Busse knives aren't willing to lower their prices to match what the market is willing to bear - they go unsold. Which would indicate that they are over priced - even if the seller doesn't think so.




Edit: That leads me back to my original point. Yes, it is that simple! :p

So why do you take offense to this? Do you have over priced knives for sale on the exchange sitting unsold? I don't get the problem you have with this.
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Tony does not have a problem. The point he is making is that just because the knife does not sell may or may not mean the price is high. If the seller chooses not to sell it and a month later it sells quickly, that means that the person who really wanted one happened to be checking it and might have missed it before. Or maybe the price was high.

I'll bring up an example since de oppreso libre brought it up in the first place.

De oppreso had a ganza SHSH with the Ducci clip and Hill Billy teeth. It sold for 1050 I think. Yet, bussecollector has the exact same knife up and it's sitting there? So which value is right. If bussecollector drops it to 800 it should sell fast? maybe? Maybe not as the right person that wants it may not be around, so should he drop price? Or should he hold tight? That is up to him.

value determination is not easy and it is complicated. And yes sometimes something is valued high and it sits, only to be brought back up a month later and sell quickly.
 
Grimspoon said:
Right, and if the sellers who have older Busse knives aren't willing to lower their prices to match what the market is willing to bear - they go unsold. Which would indicate that they are over priced - even if the seller doesn't think so.




Edit: That leads me back to my original point. Yes, it is that simple! :p

So why do you take offense to this? Do you have over priced knives for sale on the exchange sitting unsold? I don't get the problem you have with this.
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Grimspoon , it is a buyer's market for most things Busse right now for sure, but eventually, and probably sooner than that it will shift back the other way... I get what TonyG is saying... which is, if you are patient enough as a seller, you will get what you asked. "Overpriced" is a relative term. Personally, I'd like to sell off some of what i have, but due to the recent flooding, I'm holding off listing new stuff for the most part, and will try and wait awhile. However, new folks show up here almost daily looking for Busse knives... Just as you did not so long ago. "It's the circle of life, Simbah." LOL
I see it like this... Jerry sets the pace... We buy 'em and post here how freakin' awesome these knives are... Folks go nutz & buy 'em up... Jerry begins to step up production to keep with demand while at the same time we try to sell off a few, whether for other Busse's or not, which creates that 'flood'(Buyer's market)... Meanwhile the posts continue with the many compliments & pix about these awesome hard use knives... More people show up, read the posts, and go nutz & start to buy 'em up, which leads back to a 'drought'(Seller's market)... Etc. You may find certain knives overpriced NOW... but wait a year to a year & a half, and you'll be kicking yourself on a few you passed over now, just as we have at some point.

Example: I got #27 HOGFSHLE (and a Leatherman sheath) in an eBay auction on 12/26/06 for $809.99 advertised as barely used. This pic didn't even show any sign of the surface scratching, that's how mild it was as far as 'user' goes...
...JUST YESTERDAY #23 HOGFSHLE went for $1052.72 on that same site (completed auction), claimed as mint, no sheath.
I know, 'cause I thought for sure that I would win it at $1027.72...As 'John Locke' said, while standing in the 'hatch' when the timer ran out (LOST)... "I was wrong!" LOL ...Even still, some would say that was still a decent price. Me? Well a few folks said that I surely paid a bit too much in Dec. '06, but who's laughing now? :D

JMHO YMMV
 
I mean, to some this MOAB may just be worth a little, but to me it is worth a lot. So it is all a matter of opinion
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Grimspoon said:
If nobody buys that knife and just sits on the exhange with no interest in buying - it's over priced.
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Or, it is a limited market. In a market with a limited group of buyers, an item doesn't have to be overpriced to sit for sale for an extended amount of time.

Real estate, currently, would be a good example. As many of you know, I've been sitting on a house for sale the last several months. The market sucks to be a seller - great to be a buyer. Could I sell it if I really wanted to? Sure... make it enough of a bargain that a real estate agent (or other investor) would buy it for an investment/rental. There are lots of home sellers and fewer home buyers currently. Does that make my home overpriced? No. (Yes, I have dropped the price by about 18% over the last 10 months to reflect the market.)

Say, I've got a '70 Fiat Dino Spider for sale. (I don't - I owned 3 Fiats and a Triumph in my teens so I remember a bit about it.) The Dino Spider was a joint venture between Ferrari and Fiat. Ferrari supplied the V6 motor (three 2B carbs) - Fiat built the car and put it in a chassis. Ferrari did it to have enough "production" vehicles to qualify the motor for racing - Fiat, to get an exceptional motor. They made roughly 1,500 between '67 and '72. The Fiat badge will throw off all average car buyers - the Ferrari posers too, since there is no prancing pony. It will only attract a car enthusiast who knows something about racing and the history of this vehicle/motor.

It's February. Let's say I want to sell the Fiat for $10,000. It's in good condition. Relatively original but not museum piece. For arguments sake, let's say the last handful sold have been anywhere from $10,000 - 25,000. if it takes 6 months, heck, even 2 years to sell the car, does it make it underpriced? I don't think so... I think it might take some time to sell due to the limited number of people interested and their having the funds at the same time. I could sell it in a day if I priced it for $500 - some kid might convince their Dad to buy it for a single drive to the prom.

Likewise, if we use the same argument stated for items being "overpriced," we can conversely apply it to items being under priced. (No, let's please not talk about Foo and the Leaner again. ;)) If a blade sells on the exchange in <5 minutes, with this logic, it was underpriced. What length of time do we place on a blade staying on the exchange before we judge it was appropriately priced.

I don't know.

None of us do.

I think that was the only point Tony was trying to make: it is a matter of opinion and personal judgment. There are no hard/fast rules. A blade may be priced at a point that an individual isn't willing to make the purchase. A blade may be higher than I am willing to pay... some custom fighters, I would be willing to spend far less than the typical *sold* price just because they're not my thing. That doesn't mean the buyers got fleeced. It just means I'm not interested. Take that same blade and sell it for $50... where's my wallet?!

I think Tony just took umbrage that you present the idea of "overpriced" as fact, not opinion.
 
I don't know that I agree. I mean right there... you got something you can just go measure.:D


Cobalt said:
I mean, to some this MOAB may just be worth a little, but to me it is worth a lot. So it is all a matter of opinion
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