Predicting the AGon economy?

There were some tremendous bargains around Christmas, but lately I've seen many sellers' asking prices do not reflect the current business conditions.

If anything, I've noticed higher asking prices than before the economic downturn.

Economy SP error. Working on my spelling and editing skills thanks to Chad.

I would tend to agree with Tvad concerning higher asking prices. I have spent the past month making offers on a processor for my home theater system and getting nowhere. However, that may be based more on the fact that processors, along with wire, are the most overpriced components when new and their market value drops like a rock once they are used. Especially those without HDMI and /or the latest high definition sound modes. I think sellers of processors way overpaid, now want the latest and greatest, and cannot bring themselves to sell their pieces at realistic prices.

I agree with Kira. I just bought a B&K Ref 20, listed at $2500 for $350. I needed a remote preamp with dacs, composite video switching, and headphone jack for my office where sound is more important than picture. I just have as old 27" Panny with one comp. input. Unless somebody wants a very specific piece, these things just aren't worth a lot. Dan

The audio market has been splitting for many years now. Rare, desirable, collectable, gear and items that are of recent manufacture and have been favorably reviewed by the hi-fi press continue to bring a larger percentage of their original selling value, in many cases, exceeding the original selling price. Common, or less desireable items have hit the skids and can't be sold at any price. There are some very good bargains in overlooked goods right now, but collectable gear is pretty highly priced. There seems to be less gear, generally, coming on to the board these days and that tends to firm up prices a bit, as well. I guess most people can't afford to upgrade and are just hanging on.