Valuations ^^
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Verbose Collector
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Post Posted: Fri Sep 16, 2005 4:36 pm 
 

killjoy32 wrote:next time, believe me, i will be bidding a fair bit more than that - no bloody museum in florida is gonna get em next time! :D :D :D


Next time you might not need to. :wink:

  

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Post Posted: Fri Sep 16, 2005 4:40 pm 
 

johnhuck wrote:
killjoy32 wrote:next time, believe me, i will be bidding a fair bit more than that - no bloody museum in florida is gonna get em next time! :D :D :D


Next time you might not need to. :wink:




we shall see. these are top of my list of "wants" now.



btw john, i have duplicates of #22 #23 and #24 ok



Al


Are we nearly there yet?

  


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Post Posted: Fri Sep 16, 2005 4:45 pm 
 

killjoy32 wrote:
johnhuck wrote:
Next time you might not need to. :wink:




we shall see. these are top of my list of "wants" now.



btw john, i have duplicates of #22 #23 and #24 ok



Al


I can trade a TC#9 if thats any use?

  


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Post Posted: Fri Sep 16, 2005 4:48 pm 
 

johnhuck wrote:
killjoy32 wrote:btw john, i have duplicates of #22 #23 and #24 ok



Al


I can trade a TC#9 if thats any use?


Ain't that usually the problem with fanzine swaps? The holes are almost always larger than the dups. :?





(erm, thread overflow...)

  

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Post Posted: Fri Sep 16, 2005 4:53 pm 
 

harami2000 wrote:
(erm, thread overflow...)




oh yeah...sorry chummer...



john i will PM you mate



Al


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Post Posted: Fri Sep 16, 2005 5:08 pm 
 

killjoy32 wrote:oh yeah...sorry chummer...


John's point is still valid, however, as noted before (02c, only).



If two people want an auction and have the cash, it has the potential to go sky high-- this should not mean that there's been a sudden change in "underlying" "value" (unless, possibly, it is an ultra-rare item).

*

If an identical item comes up again, you would expect the price to be "back to normal" unless there's been a "mental shift" in the collecting community (for no particularly good reason) or the previous winner pushes the bidding to defend their investment.



The level of underlying support is far more difficult to determine than just the "headline" prices, but is probably a better indication of real demand/"value".

For example, a VGish OCE box has strong demand at $50, a degree of competition at $80 and an occasional mad contest at silly prices. Most people will probably only notice the higher realisations...

(And eBay is only ever an indication of what the 2nd highest bid is, including any crazy snipes, "bad days", missed items, etc.).

  


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Post Posted: Fri Sep 16, 2005 5:12 pm 
 

harami2000 wrote:(And eBay is only ever an indication of what the 2nd highest bid is


+ the standard increment :wink: (unless you're very good at "reading" other peoples bids)

  


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Post Posted: Fri Sep 16, 2005 5:27 pm 
 

johnhuck wrote:
harami2000 wrote:(And eBay is only ever an indication of what the 2nd highest bid is


+ the standard increment :wink: (unless you're very good at "reading" other peoples bids)


yup :)

  

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Post Posted: Fri Sep 16, 2005 5:31 pm 
 

harami2000 wrote:
johnhuck wrote:
+ the standard increment :wink: (unless you're very good at "reading" other peoples bids)


yup :)




well nobody read my bid on them beholders....i thought hey aint gonna give david another angle on analysing me :D


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Post Posted: Fri Sep 16, 2005 5:35 pm 
 

killjoy32 wrote:well nobody read my bid on them beholders....i thought hey aint gonna give david another angle on analysing me :D


Another issue with eBay realisations.



No sitting down around the table and agreeing the highest price someone is willing to pay (or where the "support level" would be, should several copies/items become available within a reasonable period of time).

It's mostly "wishful sniping" and "best guessing", especially towards the top-end and am sure none of us have ever said "I wish I'd bid $10 more" after the auction has closed. :D

  


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Post Posted: Sat Sep 17, 2005 7:09 am 
 

Has anyone truly recognized the progress the Acaeum has made in item valuation?

Before, there was a single person determining the prices as best as he could.

Today, we have a board of informed collectors, wbo use written and published rules for calculating an item's current value by tracking auction results from eBay and other sources.

They have just started, there's still few data, esp. on the rares, and the algorithm keeps getting improved over the time.

That's the only way to do item valuation! I, for my part, am grateful to have those people who do the legwork for all of us! And thanks to Foulfoot who made this all possible.


- "When the going gets weird, the Weird turn pro."

Hunter S. Thompson (July 18, 1937 - Feb 20, 2005)



  
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