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Re: [OM] CONTEST e*ay 350/2.8 auction AND THE WINNER IS...

Subject: Re: [OM] CONTEST e*ay 350/2.8 auction AND THE WINNER IS...
From: Jim Brokaw <jbrokaw@xxxxxxxxxxx>
Date: Sun, 29 Jul 2001 14:40:31 -0700
on 7/29/01 1:08 PM, Jim Couch at JamesBCouch@xxxxxxxxxxxxx wrote:

> Charles Packard won with a guess of 2995.00. Closing bid was 3050.00. Many of
> the
> guesses were very low, and nobody's guess went over the bid amount! One
> contestant
> (who is very knowledgeable on used Zuiko prices) stated this was a tough one
> to
> call, which is exactly why I picked it!
> 
> Jim Couch
> Tacoma, WA USA
> 

So, now that someone has bid that, is it a 'good' price?

I tend to think of e*ay as the 'market value' of an item (aggregating a
number of auctions of the same thing to even out condition and
event-specific variables) since there are many items, many bidders, wide
exposure, etc. The average bid price (with a substantial number of bids to
even things out) will be a fair representation of what the worldwide
'market' for that item is...

Not having seen any 350/2.8 lenses in stores I don't know what the retail
prices are for new and used examples. This bid seems like a lot to me for a
specialized lens (I guessed about $1000 lower), although IIRC the 'list'
price for the lens new is ~$5000 (?), I don't know what the 'street' price
is for a new or used one from a major photo equipment retailer... anyone
have this info?
-- 

Jim Brokaw
OM-1's, -2's, -4's, (no -3's yet) and no OM-oney... 


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