Quote:
Originally Posted by Glenhuon
"What It's Worth" is one thing that irks me, it is it's price, put on by the seller, it's worth is whether you are prepared to pay that price.  |
This may be semantics, but in my view, it is only worth what I "want" to pay, not whether I am "prepared" to pay the price on offer. If you pay the asking price, then that is what it is worth. However, if I do not accept the price, then it isn't worth the asking price and I will look elsewhere until I find a price I am prepared to pay. If that means I have to venture offshore to find it, then so be it. I have walked away from buying certain items because I simply couldn't see the value in the asking price. It is usually an item I may want, but actually don't need.
What things are actually worth are based on a persons needs and wants. Any particular item may have different perceived value to different people. For instance a Ford 351 Phase 3 is supposedly worth $200,000, but it certainly isn't worth that amount to me. I simply would never actually want one, after all, my modern car is just as fast and a lot more comfortable. The only value to me would be pose value, and what is that worth? Maybe around $5,000.
I am reminded by the some the valueless things that have appeared on eBay, over the years, and gone for really stupid prices, like a piece of Nutrigrain that just happened to look like ET or a piece of toast that had the likeness of the virgin mary on it. A ridiculous price was paid for them, assuming that they weren't actually a hoax. But it illustrates my point.
If you buy a brand new item and immediately sell it, then you will find out what it is really worth. Which is why I rarely sell any of my astro gear, because I simply cannot get my money back, because it isn't worth that to someone else, so I keep it instead.