by melodichaotic » Wed Mar 24, 2010 1:16 am
Ya gotta love the resale market, guys making more money off of merely flipping pedals than the genius who created the circuit designs and built them by hand, Bjorn Juhl, gets - WTF?!? Well, if you're over the age of ten, which I'm assuming is everybody in here, then you already know (and hopefully have accepted the fact that) life's not fair!
Well, two things: As far as the resale market is concerned...hey, it just is what it is. Yes there are the flippers, but also the market fluctuations, bidding wars,supply and demand, misinformation, hype, and complete emotional retardation/ignorance in these instances help create these lucrative opportunities, making owners sometimes think twice about keeping something so potentially valuable.
Once any builder makes something and puts it out there, it's out of their hands, period. We can point fingers and/or complain all we want...sometimes justifiable and sometimes it just falls upon deaf ears, because all it takes is one overbid auction, or one ridiculously zealous rare pedal monger to create a rip tide that pulls out the other few uber-rarities you thought you'd otherwise not see.
Will SteveA be complaining when his Paypal account gets a net positive workout(aside from the mandatory fees) at auction end? Doubtful.
Will the final price now accurately reflect the(new) value of the Snow White Fuzz? Well, again that's left up to the market whether it's a one-off fluke or not--same with that $900+ Model R...
Hey, I was the seller of a DAM 1965 pedal about 2 1/2-3 years ago that I later found out got a 12 page thread going on the DAM site just for that auction...it was a very cool sounding fuzz and I waited a VERY long time for it, but in the end it wasn't for me...I'd have been happy to get double of what I paid for it which at the time was only $200 shipped...ending bid was $1825...a new record---I had no idea at the time...was I complaining--hell no. Now if those come up for sale(and two JUST sold in the last month), they command $1800 partly because only 50 were made, and maybe in part to my auction.
You now say you are faced with tax realities and that brings me to my second point.
Sometimes you have to do what you have to do...I more often think it's not life that isn't necessarily unfair, but our behavior.