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  #41  
Old 08-08-2017, 08:57 AM
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Originally Posted by Snapolit1 View Post
My last word (promise):

There is an entire industry that exists to appraise the fair market value of artwork. Many documented one of a kind pieces of art. The idea that photos can't be valued because they are somehow special is a good canard for people making a business out of selling phots, but that's all it is. A canard.

An economist will tell you that a FMV can be determined for any commodity. If you guys in the business of buying and selling photos want to act differently, go for it. The fact that a Chinese billionaire drives by my house and falls in love with it and gives me $3 million to move doesn't obscure the fact that the fair market value of my house is $550,000.
"Can be" and "has been" are two different time frames. Eventually I believe there will be a better understood market value of photos as websites continue to populate old auction results (like VCP does for cards). At this time, though, it hasn't happened and prices are still volatile.
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  #42  
Old 08-08-2017, 08:58 AM
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Originally Posted by bn2cardz View Post
Not every possibly interested party is able to see every possible auction. I have paid a premium on this site when someone picked it up off of ebay for half what I paid. I knew this when I did it and felt no ill feelings towards the seller. I even told him that it essentially was a finder's fee, because he found it and not me.

Also you can't assume the prices are going up across the board on photos. Each auction seems to bring different prices. Some stay close, but others have drastic changes.

For instance this Ruth that sold in 2014 for $1068, then resold this year for $105
https://rmyauctions.com/bids/bidplace?itemid=3433
https://rmyauctions.com/bids/bidplace?itemid=23110

If the buyer this time around keeps seeing posts that say values are going up in photos and sees they bought a photo at 1/10th the price it last sold at in the same venue, would it be unreasonable for them to think they could ask 10x the value this time?
Great points. And I guess I lied about being my last post. Dang it. I doubt someone would sell there house for 1/10 of what they paid
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  #43  
Old 08-08-2017, 09:18 AM
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I lied too. My last words. . .

Yes, it's the Wild West right now in photos. Is that photo worth $1,000 or $10,000. Not always so clear. No VCP or other database to easily consult. But if the last two sales of a photo in the last two years were $500 and then $700 a few months later, I'd be hesitant to pay $4,000 unless you are buying it totally removed from any worry about valuation.
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  #44  
Old 08-08-2017, 10:20 AM
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Originally Posted by Snapolit1 View Post
I lied too. My last words. . .

Yes, it's the Wild West right now in photos. Is that photo worth $1,000 or $10,000. Not always so clear. No VCP or other database to easily consult. But if the last two sales of a photo in the last two years were $500 and then $700 a few months later, I'd be hesitant to pay $4,000 unless you are buying it totally removed from any worry about valuation.
I wouldn't be on certain photos and certain instances. Bottom line is.. like usual .. buy what you like and feel comfortable buying. If not.. don't buy. If someone buys something for more than what you will spend, that doesn't make them stupid. If said person decides to sell that item for 2x that doesn't make them stupid or wrong... actually the contrary.

I have been offered double on an item that I mentioned before the next day and turned down.. am I stupid because of it? I think you have photos I would pay you double or even triple that you picked up a year or so ago. If you do not sell them to me, does that make you wrong?

As more people get in the photos, prices are going to fluctuate. Anytime new price points are established , pleople will resists. People that Have missed the boat so to speak are going to fight it. People that Have been doing it for a long time and want to continue to buy photos of the same prices are going to fight the change. People that have sold or traded photos and regret it(I have a couple instances) might fight it. And people that simply don't understand photos and think prices are stupid are going to fight it.

If photos take off where they could be, it will affect a lot of collectors and dealers.

Don't worry.. be happy .. and collect what you want and let others do the same.

Ps: sorry about potential gibberish.. voice texting again.
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[i]"When you photograph people in colour you photograph their clothes. But when you photograph people in B&W, you photograph their souls."
~Ted Grant

[i]"Sometimes I do get to places just when God's ready to have somebody click the shutter." [/I]~Ansel Adams

Www.weingartensvintage.com

https://www.facebook.com/WeingartensVintage

http://www.psacard.com/Articles/Arti...ben-weingarten

Last edited by Forever Young; 08-08-2017 at 06:45 PM.
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  #45  
Old 08-08-2017, 11:07 AM
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No gibberish at all. Makes a lot of sense.



Quote:
Originally Posted by Forever Young View Post
I wouldn't be on certain photos and certain instances. Bottom line is.. like usual .. buy what you like and feel comfortable buying. If not.. don't buy. If someone buys something for more than what you will spend, that doesn't make them stupid. If said person decides to sell that item for 2x that doesn't make them stupid or wrong... actually the contrary.

I have been offered double on an item that I mentioned before the next day and turned down.. am I stupid because of it? I think you have photos I would pay you double or even triple that you picked up a year or so ago. If you do not sell them to me, does that make you wrong?

As more people get in the photos, prices are going to fluctuate. Anytime new price points are established , pleople will resists. People that Have missed the boat so to speak are going to fight it. People that Have been doing it for a long time and want to continue to buy photos of the same prices are going to fight the change. People that have sold or traded photos and regret it(I have a couple instances) might fight it. And people that simply don't understand photos and think prices are stupid are going to fight it.

If photos take off where they could be, it affects a lot of collectors and dealers.

Don't worry.. be happy .. and collect what you want and let others to the same.

Ps: sorry about potential gibberish.. voice texting again.
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