@Jmcgrogan2 and Jdoris
I was not trying to "seller bash", I apologize if it came off that way. Quite the contrary I think audiogon has a very respectable seller community. The point I was trying to make (and perhaps not clearly) was that used electronics in general devalue substantially over short periods of time. This goes for both consumer and audiophile electronics. How much is a used flat screen TV bought 10 years ago for $2000 worth today? Maybe $50. I know that high end gear holds value better, but I don't think an 80% depreciation of an electronics component over the course of 10 years is unreasonable. At the end of the day, it is the market that determines the value of items. The fact that the majority of items listed on Audiogon do not sell tells me that "overall" sellers are overpricing their goods. This is not inherently bad, but I think the data supports this conclusion. It's a careful balance of trying to make money vs trying to sell a product. I simply don't see many items starting at $1 (which would ultimately guarantee a sell at the community determined value) but rather many items on sale for minimal discounts that ultimately do not sell. Perhaps my interpretation is wrong but going through the listings most equipment listings do not have any bids on them despite being listed for extended amounts of time. Audiogon is (fortunately/unfortunately) more of an "outlet store" with moderate discounts than a true "auction house" where bidding starts very low and value is determined by the community. IMHO. I respect all other opinions however. :)
I was not trying to "seller bash", I apologize if it came off that way. Quite the contrary I think audiogon has a very respectable seller community. The point I was trying to make (and perhaps not clearly) was that used electronics in general devalue substantially over short periods of time. This goes for both consumer and audiophile electronics. How much is a used flat screen TV bought 10 years ago for $2000 worth today? Maybe $50. I know that high end gear holds value better, but I don't think an 80% depreciation of an electronics component over the course of 10 years is unreasonable. At the end of the day, it is the market that determines the value of items. The fact that the majority of items listed on Audiogon do not sell tells me that "overall" sellers are overpricing their goods. This is not inherently bad, but I think the data supports this conclusion. It's a careful balance of trying to make money vs trying to sell a product. I simply don't see many items starting at $1 (which would ultimately guarantee a sell at the community determined value) but rather many items on sale for minimal discounts that ultimately do not sell. Perhaps my interpretation is wrong but going through the listings most equipment listings do not have any bids on them despite being listed for extended amounts of time. Audiogon is (fortunately/unfortunately) more of an "outlet store" with moderate discounts than a true "auction house" where bidding starts very low and value is determined by the community. IMHO. I respect all other opinions however. :)