"What's Your Best Price?"

I've written back with a total for paypal and shipping inc. that was rolled down to the nearest ten. and sold.
But this is also why I bring up the $12k items with a $1 open bid and sit there at "reserve not met" through the two weeks of the auction. Are these folks wasting time, fishing, looking for a show or what?
Again, maybe someone can give perspective on that as it's kind of the same thing.

Just to change the subject for a moment, how many sellers feel that they have to inflate their asking price because nobody seems to want to pay the asking price?
I'll go first, I'm one of them. I experimented with lowering my asking price, and while it did generate a lot more interest, everyone still wanted more money off. It didn't seem to matter how low I would post an ad, everyone wants a better deal. So I think most folks inflate their asking price so that they have some wriggle room. It seems like a silly game to me, but that's how the game is played.

An example, I can get $2K for X amplifier. I can advertise it at $2300 and sell it for $2K. If I advertise it for $2K, I get a lot more e-mails, but everyone wants it for $1700-1800. That's been my experience anyway.

Anyway, I now return you to your regularly scheduled program "What's Your Best Price?".

The only time an OBO listed price will be met by a full priced offer from a buyer is when both buyer and seller are educated about the current market value of a component, and the seller prices the piece at the market price. This rarely occurs.

I have made full priced offers on gear, and in nearly half the cases the sellers have pulled the item off the market because the believed they had priced their items too low.

Interesting points by Jmcgrogan and Tvad, I recently found that posting prices at or below current market value has resulted in buyers not purchasing because I didn't bargain.

12-17-06: Unsound
Interesting points by Jmcgrogan and Tvad, I recently found that posting prices at or below current market value has resulted in buyers not purchasing because I didn't bargain.

Isn't that a fascinating Catch-22?