Could we as a collective influence Market rate ?

[stewart boyle]

are you drinking again???

Not yet,its too early he he.
If its a dog of a question just tell me. I'll move along..

Stew

[crowzilla]

I have an item that according to all the research i done,determined that its worth $5000.But ive had this sucker for a long time with no one biting.
So if a member here spots this dillema and wants to pay $500 for the item.Is there a way the forum could convince me that i am wrong with my $5000 valuation. ?

It depends. If you are actually in the business of selling and you've had something priced at $5000 for a long time and it hasn't moved, no one should have to tell you that you have it priced too high.  It's obvious and you should be able to figure that out on your own and adjust the price yourself.
If you are mainly someone who lists others items on consignment, then you might not care what the price is, and if you are pricing it at that level just to draw attention to the rest of your merchandise, then you might not care also (or if it's your prized piece and you don't want to part with it, your grandmother gave it to you and a host of other reasons).

But if you are actively trying to move the item and wish to be educated about your material and someone points out that "oops, original Frankenstein lobby cards aren't duo-tone, and the R47 at the bottom of yours means that it is a re-release" then of course you would consider what they say and re-evaluate/research the piece to see if you might need to adjust it (though many sellers might naturally be suspicious thinking you are trying to pull one over on them, while others just don't care and are waiting to apply the "greater fool" theory).

[stewart boyle]

thanks Crowzilla,very informative 

Stew

[fallenangel1]

Seeing as Stews original question was about one buyer dealing with one seller and the possibility of a group of people somehow persuading the seller to lower his prices I feel my 1st statement stands. It all depends on how determined the buy and the group is to do so as well as how motivated the buyer is to move said product.

That aside, depending on the item and the number of available pieces it can be easy for one person to control the market. Its no secret that I collect movie prints more so than actual posters nowadays .. and with runs of 25, 50 or maybe a few hundred .. I can be easy enough to manipulate the market and boost the value of these items. It can only work because the runs are so low and some people are just really talented and are somehow able to pick up more than good number of said run. The most obvious is these Tyler Stout prints .. Back when they went on sale they were cheap and it was a timed sale so you could buy as many as you wanted. Now a few years later the supply has stayed the same and the demand has increased. So someone sells at $X .. The next person being a greedy biznitch decides no one else has one for sale .. Ill sell mine for $X+$XX ... Due to the lack of supply someone pays that .. then the cycle keeps going and now those $25 prints sell for more than $1,000 ...

I am currently sitting on 1/25 Phantom of the Opera- Ansin prints .. I have it on eBay for $3k .. When I posted it there were none for sale anywhere .. and the only reason I posted it was to drawn more attention to the other prints I have for sale. I have no intentions of selling that print. But since I listed it .. I have see a few of the regular editions (x/75) pop up and sell .. and since I have listed my rarer variant .. the regulars prices have jumped up. they were around $500, only due to the fact that not many had sold on the open market for a while. Then one sold for around $1k and another for $1850 and now theres another regular on ebay for $1700 .. So I feel I may have inadvertently effected the market. Did I really or is that just my ego ?

The point is collectibles market can vary .. Obviously with theatrical posters the runs are in the thousands if not higher so to "corner" or "control" the market  either as one person or a collective group .. Its probably not possible especially long term, you may be able to influence one seller at one given time but youd not be able to change to actual market value.. Although I have seen certain dealers here that have attempted to do so, then once the supply started catching up with demand their efforts were dampened..

[jayn_j]

Great opinions and much to learn in everyones input.
My question was not so much to do with cornering the market but more as in this.

I have an item that according to all the research i done,determined that its worth $5000.But ive had this sucker for a long time with no one biting.
So if a member here spots this dillema and wants to pay $500 for the item.Is there a way the forum could convince me that i am wrong with my $5000 valuation. ?

Stew

Not the same question.  You believe market is $5k.  You have been unable to sell it at that price for a long time.  You are wrong.  End of story.

[stewart boyle]

Not the same question.  You believe market is $5k.  You have been unable to sell it at that price for a long time.  You are wrong.  End of story.

I would be if i actually owned a five grand poster. But you missed the word rhetorical in my original post.

Best
Stew

[CineMasterpieces]

all of you are wrong.

we have successfully cornered the market on double sided pretty woman one sheets for years. 

[stewart boyle]

all of you are wrong.

we have successfully cornered the market on double sided pretty woman one sheets for years. 

[Bruce]

all of you are wrong.

we have successfully cornered the market on double sided pretty woman one sheets for years. 

 

[MoviePosterBid.com]