#1
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Pre-Damon LJ II on eBay--Curently at $500
I think this is the highest I've seen one of these on eBay and the bidding is not over.
Go here: http://www.ebay.com/itm/1970s-Estes...26#ht_326wt_125
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Earl L. Cagle, Jr. NAR# 29523 TRA# 962 SAM# 73 Owner/Producer Point 39 Productions Rocket-Brained Since 1970 |
#2
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It's crazy what some people will pay for some paper, balsa and cardboard.
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Scott D. Hansen Ye Olde Rocket Shoppe - Your One Stop BAR Shoppe! Ye Olde Rocket Plans - OOP Rocket Plans From 38 Companies! Ye Olde Rocket Forum WOOSH NAR Section #558 |
#3
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Quote:
...that was sold for $3.25.
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www.wooshrocketry.org NAR Sec. 558 Look us up on YouTube: http://www.youtube.com/user/guytogo75?feature=mhee unstable by design |
#4
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What's crazier is the time we spend putting said paper, balsa, and cardboard together into a finished product. Earl
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Earl L. Cagle, Jr. NAR# 29523 TRA# 962 SAM# 73 Owner/Producer Point 39 Productions Rocket-Brained Since 1970 |
#5
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The fact that there are 53 bids (currently) on this auction tells me (a) the bidders are particularly inexperienced even though they have some considerable feedback, and (2) there is a particular emotional & irrational attachment to this particular kit. I would not attribute any final bid outcome to anything approaching 'market value'. |
#6
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[QUOTE=Earl]What's crazier is the time we spend putting said paper, balsa, and cardboard together into a finished product.
..and then chip, scorch, scratch or lose it on the first flight |
#7
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Quote:
Quote:
Doug .
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YORF member #11 |
#8
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What is "market value" if not whatever the market will bear? If there's someone willing to pay $500+ for this particular kit, is that not its market value? Not that I would pay that much.....
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John Buscaglia NAR 27366 SAM 63 CMASS Member |
#9
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Not when you have two auction participants bidding each other up to unrealistic final auction prices. But yes, fair market value is the price at which a seller is willing to sell, and a buyer willing to buy. I would call this auction an aberration |
#10
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With 2 hours, 41 minutes left to bid, the price is at $565. Wonder if the final price will break $650?
BTW, not my listing nor do I know the lister. Just a curious observer.
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Earl L. Cagle, Jr. NAR# 29523 TRA# 962 SAM# 73 Owner/Producer Point 39 Productions Rocket-Brained Since 1970 |
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