Actually Viridian, I would say that Tvad hits my point exactly when he says no buyer or seller can dictate price, "unless they are educated in the current market for their goods." I would actually go farther and say current, past, and expected future market (witness the sudden jump in price quite recently of used Thorens 124's). However, I disagree strongly with the statement that only the market sets the price, particularly in the used market, in which prices vary much more greatly than the new market. Macrojack is correct, I feel, in speaking of willing buyers and willing sellers converging. That's a very good way to put it. There are many people out there who won't buy anything above a certain price point because they are too cheap, and there are also many out there who insist on paying far more than something is worse because they can't believe that something is worth buying unless it is expensive, and many, many levels in between, combined with many levels of knowledge of what they are buying.
The comment that I don't have the breadth of experience or knowledge of the market just because I only have three transactions on this site is illogical on the face of it, and frankly is insulting. It certainly says much more about you and your assumptions than it does about me. I thought that sort of personal attack was not allowed on this site - it certainly doesn't reflect well on audiogon. I never said I was the "arbiter of appropriate pricing." I was merely pointing out a very general rule of thumb that is widely accepted in high end industries of all types. There are of course always exceptions, especially to such a general rule as that.