Subject:
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Re: Another Forest Wench Question
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Newsgroups:
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lugnet.market.theory
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Date:
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Wed, 11 Aug 1999 18:40:50 GMT
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Viewed:
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326 times
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Frank Filz wrote in message <37B1A406.11EA@mindspring.com>...
> Mike Walsh wrote:
> >
> > I was purusing eBay this evening and found this:
> >
> > http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=141992950
> >
> > I find it hard to believe that people are willing to pay $56 for 8
> > mini-figs. Is there another one in this lot that is as rare or in demand • as
> > the Forest Wench?
> >
> > Mike - mike_walsh@mindspring.com
> > http://members.tripod.com/mike_walsh
>
> Wow! I think those prices are absurd. There always seem to be some sets
> of minifigs going for much more than other sets with similar figures. I
> have never paid more than $3 per Imperial Soldier figure, but I've seen
> them go for way more than that.
>
> I think impatience contributes a lot to some of the absurd prices we
> see. People want an item very badly, so they bid high. If two of them
> are competing, the price gets driven up to a little more than the lower
> price. The next time the item comes up, only the person who didn't get
> it the first time is still looking for one, so it goes for a little more
> than the lower price that most people are paying. Once he is satisfied,
> the market returns to the typical price. Of course markets are complex
> and this is a gross simplification, but probably is the basic mechanism
> which generates outrageous prices.
>
> --
> Frank Filz
The Forest Wench commonly sells for between $20 and $30. Knights and
Forestmen commonly fetch $5 each on eBay - so it adds up to $55 -$65. Seems
about right (for eBay prices). I have seen lots of mini-figs (those in
6071) sell for higher prices than complete 6071s with instructions and box
more than once on eBay. Pretty crazy, eh. I guess mini-figs are demanded
on eBay.
--
Have fun!
John
AUCTION Page (More soon!)
http://members.ebay.com/aboutme/2-many-toys/
TRADE Page http://www114.pair.com/ig88/lego/index.htm
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Message is in Reply To:
 | | Re: Another Forest Wench Question
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| (...) of minifigs going for much more than other sets with similar figures. I have never paid more than $3 per Imperial Soldier figure, but I've seen them go for way more than that. I think impatience contributes a lot to some of the absurd prices (...) (25 years ago, 11-Aug-99, to lugnet.general)
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