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Prices on the Move

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In line with this overall discussion is the strategies some seller's apply to get the price they want. This one is interesting in that it started as an auction that failed to reach the reserve, ending in the range of $1200 if I correctly recall it. Then it came out as buy-it-now around $1800 and now it has move up to about $2k. This is not a unique situation and I've seen it used by major dealers in vintage drums. I guess I've never thought to keep raising the price even though nobody is buying at the lower price. I have to wonder why one would apply that sales approach. Maybe you get that from studies for an MBA or in Psychology 201 (I didn't learn it in 101).LoLoLoLo

https://www.ebay.com/itm/Rogers-Dyna-Dynasonic-Wood-Black-Onyx-Snare-Drum/401485551389?hash=item5d7a67571d:g:D-gAAOSwgsxaXpV4

Posted on 6 years ago
#11
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From Mo Tonkie

I'm surprised at the prices of some sold Ludwigs on ebay, especially with 'buy it now' listings. It's strange to me when a stripped Supra can sell for $180 shipped.

Did it actually sell at that price or was that an asking price?

Mark
BosLover
Posted on 6 years ago
#12
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From zenstat

When you interpret a "price trend" out of one completed sale you run the risk of underestimating the amount of variation in prices, and extrapolating to a pattern which just isn't there.[img]http://imgs.xkcd.com/comics/extrapolating.png[/img]from my pricing research: http://black.net.nz/old-k/old-k-prices.html#summaryI've seen a few threads started recently about prices coming back up, or being low, or something in between. But these threads seem to share a distinct lack of data. I'll just make a plea for recording a representative sample of completed sales over a reasonable time period before claiming to see a change in the market prices. This thread also has some useful commentary if I so say so myself:www.vintagedrumforum.com/showthread.php?t=61328

It is so easy to extrapolate results from a limited sample size, or use insufficient testing criteria, and draw conclusions which may or may not be accurate. Much of this planets social, political and religious beliefs seems to be based on that, so why not vintage drum prices?

LoLoLoLo

Mark
BosLover
Posted on 6 years ago
#13
Posted on 6 years ago
#14
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From Mo Tonkie

Just a little warning about those particular sales. That is one of Pooder's accounts (Jonas Aronson, aka theolddrumshop, aka drumpartscounter, aka leecountymusic). In my tracking I've found that items which appear as completed sales from these accounts sometimes later reappear for sale from his other accounts. I've reported this to eBay and never heard back. If they are real sales, I do often wonder if people have properly priced out getting the rest of the parts to produce the finished snare. But maybe buyers (if they are real) have a snare with terrible acne and just want a new shell to replace the one they have. I don't know what's up with buyers of snare shells. But I do some tracking of completed sales prices for Supraphonics and Acros. I started out doing it to get a different time series of prices to compare with my cymbal price tracking. It seemed worthwhile to have a time series for what we think of as the common workhorse snares (versus the exotic and esoteric and collectable). So I've got spot checks on prices going back to 2005, but I have yet to publish the trends.

Posted on 6 years ago
#15
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