Anyone else noticing inflation in used gear $?


While quite non-scientific, judging by recent prices and the speed at which quality gear is moving on audiogon there seems to be both some price inflation and a pickup in the velocity of money? The economy is pretty horrendous, however I'd wager that audiophiles tend to be the more affluent among the general population - if not always rational... I generally subscibe to the theory that we are entering a period of stagflation, with inflation in the things we "need" and deflation in the things we "want" - however what I'm seeing here leads me to believe that either I'm incorrect or we all really do need Krell amps.
matti

Showing 1 response by jedinite24

This is all speculation on my part.

I think the listing prices rising on vintage gear or gear in general is due to sellers getting outrageous low-ball offers. They are starting their pricing a bit higher to accommodate that.

E.g. I had a McCormack DNA-1 long ago that I listed at a price based on the avg of DNA-1s I saw here and on other sites in the same condition. I really believed I was at fair market value. I was getting offers of 30% to 40% below my listing price. If I was selling now I'd start a bit higher than that avg to get less insane low-ball offers. I'd get better offers from those who will base their offer as a percentage of listing price.

I also think starting prices on vintage gear may be higher due to people accounting for all the costs that go along with selling on A'gon. Maybe people just didn't notice it before in the better economy. Between the listing fee, ending fee, increasing costs of shipping, cost of using paypal etc etc selling here can be bit more than other sites. I'm not complaining about what A'gon charges. I pay the charges and still sell here when I can. I'd pay these prices to deal with the more professional people here any day. I just won't be listing small dollar items.