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
I agree completely, I was essentially not perusing the site at all for a few years and recently came back on a regular basis and was shocked at some of the prices. I have also noticed some very quick sales, it seems like every time I see something on New Today that I know is a good deal, it's already been sold. Luckily I'm not really in the market to buy anything, but it seems like quite a sea change from just a couple of years ago. No wonder more people seem to be going the modding and upgrade route, it can provide the best value.
If it is a best offer listing we don'r really know the final selling price unless we participate in transaction or communicate privately with other members. Personally, I pay little attention to the asking price when willing to buy, I just offer what I am prepared to pay with some room for negotiation.
Most good 10 year old gear requires nothing for at least 5-10 more years except tubes of course. Almost all my gear is more than 10 years old and I hear no difference compared to what it was 5 years ago.
I might also mention that there is a seasonality to sales on this site. I have always made it a point to buy in the summer and sell in the winter, though that might not be practial for all involved.
Well, often you have to buy when what you want is available which is not often especially taking into consideration who sells the piece. Better pay more and deal with seemingly more trustworthy person.
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.