Josh Gibson photo from RMY

Snapolit1 · #1 08-07-2017, 09:01 PM

I don't agree with the premise that there is no discernable fair market value for photos. It may be imprecise and harder to get to.

Forever Young · #2 08-07-2017, 09:15 PM

Quote:

Originally Posted by Snapolit1

I don't agree with the premise that there is no discernable fair market value for photos. It may be imprecise and harder to get to.

I don't agree with the premise that there is a clear cut one. Nor do I believe anyone asking for more money than this "said" value is wrong.

Example: All one has to do is look on heritage under past sales with offers that have either been declined or accepted to see how quickly the market has changed/is changing. To suggest otherwise is simply not accurate.

I think everyone has the right to buy something and sell for a profit if they want. It doesn't make them anti hobby. I do understand the frustration though

EYECOLLECTVINTAGE · #3 08-07-2017, 09:23 PM

Quote:

Originally Posted by Forever Young

I don't agree with the premise that there is a clear cut one. Nor do I believe anyone asking for more money than this "said" value is wrong.

Example: All one has to do is look on heritage under past sales with offers that have either been declined or accepted to see how quickly the market has changed/is changing. To suggest otherwise is simply not accurate.

I think everyone has the right to buy something and sell for a profit if they want. It doesn't make them anti hobby.

Well said. Photo market is a lot different now than prices I saw in 2015 from researching.

Snapolit1 · #4 08-08-2017, 06:16 AM

I agree with most of what you guys are saying. Photos are different. But the fair market value of a photo could be a range of 5,000-10,000. A wide range. When someone asks 30,000 for that photo that's unsupported by the market as it currently exists.

The best market indicator I see is what are highly educated people willing to spend on RMY or similar sites. If a photo gets 1500 views and sells for 750, to me that's a pretty good indicator of current market value.

EYECOLLECTVINTAGE · #5 08-08-2017, 06:53 AM

Quote:

Originally Posted by Snapolit1

I agree with most of what you guys are saying. Photos are different. But the fair market value of a photo could be a range of 5,000-10,000. A wide range. When someone asks 30,000 for that photo that's unsupported by the market as it currently exists.

The best market indicator I see is what are highly educated people willing to spend on RMY or similar sites. If a photo gets 1500 views and sells for 750, to me that's a pretty good indicator of current market value.

Well said as well. That is true. BUT there are exceptions. Now I know who you are talking about in regards to winning photos at RMY and listing at 10X that and agree that is a bit much, however there are still people that do not know about these photo auctions and are willing to pay up. (so why not) lol

Forever Young · #6 08-08-2017, 08:20 AM

Guys... New people come over every day. Not even close to everyone in photos bids in Rmy although they have a great following. Every time a new person gets into photos and is an aggressive buyer photos go up. It's still in its infancy stage. 1500 views on an item on eBay is nothing.... especially when there are psychos like me that look at a photo 50 times if they're interested. I bought a photo in heritage for 5k and was offered 9500 the next day. The examples go on and on.

10x does not translate Into much when you're only talking about a $25 photo to begin with. Each photo is very rare. Buyers are emotional about the image. There's no set price. I don't understand this argument or this post. If you want a photo buy it. If you lose out on the photo don't cry move onto another photo. It's that simple. Someone wants to buy something they can do whatever they want with it. Dealers are part of the hobby and it is there livelihood.. the point is to make money.There is no set price for one particular photo.
There was a Namath photo in Huggins to just sold for $66,000. Everyone at the national thought it would go for 15 to 20. Seasoned dealers that Have been in photos forever thought 10-20 max. A One week eBay auction is not the market. In auction that ended yesterday is not the market. A private sale is not the market. I have provided examples.. examples were provided below within even the same auction. There is really nothing else to say in my mind.. which is SHOCKMAN my I know. HaThis is my last message on this as it's just going around and around and around. I am getting dizzy.

happy photo collecting!

EYECOLLECTVINTAGE · #7 08-08-2017, 08:29 AM

Quote:

Originally Posted by forever young

guys... New people come over every day. Not even close to everyone in photos bids in rmy. Every time a new person gets in the photos and is an aggressive buyer photos go up. It's still in its infancy stage. 1500 views on an item on ebay is nothing. Especially when there are psychos like me that look at a photo 50 times if they're interested. I bought a photo and heritage for 5k and was offered 9500 the next day. The examples go on and on.

10x does not translate into much money when you're only talking about a $25 photo to begin with. Each photo is very rare. Buyers are emotional about the image. There's no set price. I don't understand this argument or this post. If you want to photo by it. If you lose out on the photo don't cry move onto another photo. It's that simple. Someone wants to buy something they can do whatever they want with it. There is no set price for one particular photo. There was a name with the photo in huggins to just sold for $66,000. Everyone at the national thought it would go for 15 to 20. Seasoned dealers that have been in photos forever. There is no set price. A one week ebay auction is not the market. In auction that ended yesterday is not the market. This is my last message on this as it's just going around and around and around. I am getting g dizzy.

+10000

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