I get more and more disheartened with the level of greed in the vintage drum market. It keeps getting worse and worse.
Take a look at this auction:
$39.95 for three, standard square nuts that can be had at your local neighborhood hardware store for 40 cents each, but because they came from a vintage Slingerland stand, that means they are worth $13.33 a piece, right? Ridiculous!
What's even worse, some sucker actually bought one of these lots at the stated price (it says "one sold" in the auction).
The seller, "mattspickens" I believe is a drum stripper and has insanely high prices. I am looking for a top section to a Ludwig 1400 cymbal stand, and he has one that is all rusted, corroded, scarred and generally very beat up and he wants $40 for it.
It seems like the vintage drum market (and especially the used gear market in general) is, and has been for a while, a buyers market. Any time I sell anything, I'm not getting anywhere near what I could have/should have gotten for it, say, five years ago.
What ever happened to fair pricing and letting the market dictate the rest? Now, virtually everything is so overpriced, the market can't self regulate, because all of the prices being asked are so skewed. This is craziness. I keep thinking that people like "mattspickens" will wise up and realize they aren't moving any inventory and adjust their prices accordingly, but virtually no one is doing that. It just makes zero sense to me.
