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Vintage Star Wars Collecting
Vintage Collecting Chat
What is the Market Price and Who Decides it?
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<blockquote data-quote="jared007" data-source="post: 473577" data-attributes="member: 6513"><p>All good advice here. For items that have very little sales history (or few recent sales) you really just have to start the price high and lower until someone wants it. If doing an auction, this is a great time to set a reserve price that you are comfortable selling it at - any higher then that's a bonus. I guess the problem here is finding the kind of person that really wants it in the timeframe you advertise. You may sell low only to findout another collector would have paid even more but they just didn't hear about it in time. For high end items, your market shrinks dramatically.</p><p></p><p>Is this a hyperthetical or is this advice for you? If you give some specifics some people here might be able to help out.</p></blockquote><p></p>
[QUOTE="jared007, post: 473577, member: 6513"] All good advice here. For items that have very little sales history (or few recent sales) you really just have to start the price high and lower until someone wants it. If doing an auction, this is a great time to set a reserve price that you are comfortable selling it at - any higher then that's a bonus. I guess the problem here is finding the kind of person that really wants it in the timeframe you advertise. You may sell low only to findout another collector would have paid even more but they just didn't hear about it in time. For high end items, your market shrinks dramatically. Is this a hyperthetical or is this advice for you? If you give some specifics some people here might be able to help out. [/QUOTE]
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Vintage Star Wars Collecting
Vintage Collecting Chat
What is the Market Price and Who Decides it?
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