Keith,
You are talking semantics. The fact remains, in the case I put forth, the
seller influences what the buyer will pay. There is a difference in the way
luxury items are bought and sold, and in the way that say, a gallon of milk is
sold. Pricing on rare or exclusive items can be controlled to a greater extent
by the seller.
Healeys fall somewhere in the middle, as they are not common, but there are
enough sellers that sellers have trouble controlling the price.
David.
----- Original Message -----
From: Keith Pennell
To: davidwjones ; healeys@autox.team.net
Sent: Monday, January 31, 2005 8:01 PM
Subject: Re: Barrett-Jackson Auction - Value
David,
So there again the item is worth what the buyer will pay!!! Does not
matter
how the mind of the buyer was influenced - receipts for monies spent,
quality of the item, slick talking salesperson, or lunar eclipse. Until
the
item is sold/bought it is worth nothing and the price it goes for is its
value!
Whew! I have not waxed so philosophical in a long time . . .
Keith Pennell
> You get those
> prices because the holder of the stock has convinced the buyer of the
> product's value. -And because there is no similar supplier willing to
sell
for
> less.
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