--- Mike <ipscone_at_msdsite.com> wrote:
> On items were there is a fixed supply, like antiques
> and collectibles, the
> only side of the equation that can increase is
> demand. Therefore, the
> price rises to the fair and correct value. Simple!
>
Wrong, the "available" supply has also increased on
many fixed supply collectibles. People are digging
stuff out of their closets that would of never been
available for sale before, or available to only a very
limited number of people.
Many collectible items that were considered very rare
before ebay, are now just considered common place, and
prices have dropped greatly even though the actual
supply has been constant. This also applies to
commodity items, I can by caps, resistors, IC's, power
cords cheaper on ebay then anywhere else (the
availablility is erratic though).
Items that are very unique, or in mint condition have,
on average, increased in price because the supply is
truly limited, in the end I think its a wash, some
items have drop in value other risen...
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Received on Thu Apr 24 2003 - 11:15:01 BST