Re: Not all Collings hold their value
Originally Posted by
Mandoplumb
This is the second post that basically gives the manufacturer the sole right to setting price. This is where our thinking goes wrong and we tend to allow this to happen. If I make a widget and decide to sell it for$1000 and no one will pay $1000 I sit holding my widget till the cows come home and I ain't got no $1000! the market sets the price, not the manufacturer. Supply and demand, it matters not if you are a capitalist or not
Actually, manufacturers DO have the "sole right" to set the price. They can, and they do. This does then 'filter down' (eventually) to the used market. Another example is the Kentucky KM1000. Just a few years ago you could buy brand new for $1100 or sometimes even less. Used examples could sometimes be found for $750. Street new price now is around $1800. Good luck finding a minty used one for $750 today. Nothing has changed. Same mandolin, but the manufacturer greatly increased the price and this had a trickle-down effect on the used market. Clearly we are talking about generally desirable and sought-after instruments here, not low-class junk than no-one wants to buy. As noted above, Northfield are another example of this.
Last edited by almeriastrings; Apr-20-2019 at 1:17am.
Gibson F5 'Harvey' Fern, Gibson F5 'Derrington' Fern
Distressed Silverangel F 'Esmerelda' aka 'Maxx'
Northfield Big Mon #127
Ellis F5 Special #288
'39 & '45 D-18's, 1950 D-28.
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