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Subject: 
Re: Who had the 5571 Inventory?
Newsgroups: 
lugnet.general, lugnet.off-topic.debate
Date: 
Wed, 24 Mar 1999 16:14:44 GMT
Reply-To: 
johnneal@uswest.net%nospam%
Viewed: 
1551 times
  
For me the most notable reason why our little market isn't perfect is that IMO we
are in a constant state of short supply on most elements (because of TLG's
unwillingness to offer bulk), not to mention that most sets are not available
through Lego anymore, and the new ones being offered (with notable exceptions, of
course) are juniorized crap.  I keep coming back to the example of the $650 dollar
airport shuttles.....Geez o'pete.

-John

Simon Robinson wrote:

In lugnet.off-topic.debate, John Neal writes:

Reasonable?  Whether or not one views the amount of profit to be reasonable is
completely beside the point.  That is because the *market* determines the
value
and thus the amount of profit one can make.  If I find a set at 80% off and
turn

Ah - the theory of the perfect free market. It'd be nice if it always
worked like that - but it doesn't for various reasons, most notably that
people don't always have perfect knowledge of the market. The going rate
for something might be $300 but if someone doesn't know that you might
still get away with selling something for $600.

as both, but it's different.  Sometimes it feels funny (to me anyway) bidding
against people you know, etc., but I think in the end it all boils down to
supply

Yep - I'd go along with that.

Simon
http://www.SimonRobinson.com



Message has 2 Replies:
  Re: Who had the 5571 Inventory?
 
I agree with John concerning the current state that most Lego enthusiasts share, is the lack of bulk bricks from TLG, and the necessity of buying certain sets. I don't buy sets for the future value of them, I buy them to either have the set, or to (...) (25 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)
  Re: Who had the 5571 Inventory?
 
(...) IMO we (...) exceptions, of (...) dollar (...) Err - I don't think that's quite relevant to the question of free markets. Yes it's frustrating that TLG won't offer bulk and won't rerelease old sets etc. But that doesn't stop it from being a (...) (25 years ago, 26-Mar-99, to lugnet.off-topic.debate)

Message is in Reply To:
  Re: Who had the 5571 Inventory?
 
(...) Ah - the theory of the perfect free market. It'd be nice if it always worked like that - but it doesn't for various reasons, most notably that people don't always have perfect knowledge of the market. The going rate for something might be $300 (...) (25 years ago, 24-Mar-99, to lugnet.general, lugnet.off-topic.debate)

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