Hi Skip,
It actually takes two (or more) desperate collectors. But that's how
"realistic market value" is determined. After all, how much is that
old piece of painted canvas called the "Mona Lisa" inherently
"worth"?
Tom
At 2000 July 20 - Thursday 9:44, Skip Williams <olympus@xxxxxxxxxxxxxxx>
spoke about *Re: [OM] Coup on the 28-48!...* saying
> That's how the collector prices get driven up. Wealthy collectors want a
> piece for their collection, and are willing to out-bid others to get
> it. It's the basic nature of auctions and collectibles.
>
> Skip
>
> At 01:24 AM 7/20/00 -0700, you wrote:
> >As to the implications of of the above high price tag, I would advise
> >against reading too much into it. FYI, the zoom buyer is a highly paid
> >professional who happens to reside in a somewhat isolated location (the
> >boonies!). I guess his decision to pay a higher than normal premium was
> >influenced more by a combination of his geography and level of personal
> >income than by a cold calculus of this item's realistic market value.
------------
Tom Trottier <TomATrottier@xxxxxxxx> ICQ: 57647974
Abacurial Information Technology Consulting
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