KEH prices INSANE now

Well that's strange ... the first couple of searches I did brought up zero stock! I just tried again and it's back to normal.

The trouble with all this discussing prices based around what we see at KEH is that we get a myopic view of values IMO.

Mind you there is an OM-2 for sale on Oz eBay for $245.00 at the moment ... good luck to them with that price! :rolleyes:


Well, one thing about KEH prices, the Leica gear is skyrocketing but the Nikon RF bodies are not bad at all!;)
 
My wacky theory #9-b says KEH has now learned of the high demand for Leica cameras and other high end gear. In order to maximize sales and profit they exercise "KEH Monetary Policy" which means pulling entire sections of items for a while and wait for the panic to set in. Then release them and let the crowd snap them up.

Well that's strange ... the first couple of searches I did brought up zero stock! I just tried again and it's back to normal.

The trouble with all this discussing prices based around what we see at KEH is that we get a myopic view of values IMO.

Mind you there is an OM-2 for sale on Oz eBay for $245.00 at the moment ... good luck to them with that price! :rolleyes:
 
The weak U.S. dollar is opening up the used market to many collectors around the world who wouldn't have necessarily bought the stuff when the dollar was strong.
 
KEH is just following ebay prices, with a long lag, and they are still below the typical used prices. Not insane at all. I just bought a Zuiko 180/2.8 for US 350 (EX) that now always runs north of US 500 on ebay ...

Let me ask you this: if you "need" an FM2N for your shooting, what difference will US 80 make ? Compared to > US 1000 for an X100, > US 2000 for a Summilux asph, etc. My point being, if you really use the camera, it makes no difference. If you just want it as a toy (which is OK in my eyes), pay the market value, it's not really the seller that's "insane", it's buyers like you (and me) who drive the price up.

Roland.
Correct about eBay. eBay and PayPal together take 10-12% of a typical ending sale price directly from sellers. As a consequence sellers are responding by 1) Raising prices and effectively passing on the cost to buyers, 2) Selling less on eBay, created more demand for fewer items. Both these factors will raise prices all around. Sellers who sell on eBay are further encouraged to raise prices to protect themselves from a variety of eBay policies that encourage fraud by less-than-scrupulous buyers against sellers (and other losses that benefit buyers or eBay). For instance eBay "buyer protection" is entirely paid for by sellers, and protects criminals as well as honest buyers. Sellers must pass these costs along to buyers.

There appears to be no end in sight to eBay/PayPal fee increases I might add. Perhaps in a few years the take will be 20-30%. That's simply what happens in the modern American big business scene. It's dominated by monopolies now like in the Gilded age.
 
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Its wishful thinking. The economy is bad. Some businesses, seeing their sales die, raise prices to keep profits up from the few sales they have. Its suicidal; if fewer people could afford the old prices, fewer still can afford the higher ones.


Exactly, I go to Mexico every year, tourism is down so hotels are up, taxis are up, restaurants are up, everything is up. For the last 3 years fewer people are there.
 
Its wishful thinking. The economy is bad. Some businesses, seeing their sales die, raise prices to keep profits up from the few sales they have. Its suicidal; if fewer people could afford the old prices, fewer still can afford the higher ones.
So you are saying that decreasing demand is causing higher prices? I thought the correlation between prices and demand was a basic principle of economics.
 
My wacky theory #9-b says KEH has now learned of the high demand for Leica cameras and other high end gear. In order to maximize sales and profit they exercise "KEH Monetary Policy" which means pulling entire sections of items for a while and wait for the panic to set in. Then release them and let the crowd snap them up.

wacky, yes, but others have tried.

http://en.wikipedia.org/wiki/Silver_Thursday
 
They were selling better than ever then they realized their price was way lower than the market price.
So they raised the price

How do I know?
Not sure if anyone noticed but they used to ship ground the same day you purchase; then they started to ship ground one day after the purchase; now they ship ground 2-3 days, sometimes a week after the purchase. Their answer: we are busy. if you choose ground, you have to wait.
 
I saw those

I saw those

and while they're the highest I've seen these lenses, I still think they're worth it. There are no other fast Sonnar type lenses in this range.

On that J8 you had in the classifieds, I think you left some cash on the table. Someone got a steal there!


Well, the lesson that I've learned from all of this is to learn a little marketing.

http://forum.getdpi.com/forum/showthread.php?t=25402

Or better yet- stick to the RFF classifeds and being able to smile at myself in the mirror.

http://www.rangefinderforum.com/pho...tle/50-2f2-jupiter-8-shimmed-for-leica/cat/12
 
So you are saying that decreasing demand is causing higher prices? I thought the correlation between prices and demand was a basic principle of economics.

That was my point (to defend Chris), as it was Chris.' These people do not, at least in Mexico, understand that they have to create a market. And that is by lowering prices, doing everything to increase their product's worth (in other words work harder), and not chase off customers with higher prices and cut back services.
 
So you are saying that decreasing demand is causing higher prices? I thought the correlation between prices and demand was a basic principle of economics.
Yes, but on average and over the long haul. In the short term people can try to maintain profit when there's lower demand by increasing per-unit margins. That further lowers demand and is unsustainable unless levels of demand improve for external reasons. But in the short term it can't stop people from giving it a go.

An example of this thinking was someone I once worked with who couldn't sell a surplus company vehicle because she "couldn't find anyone prepared to pay the market price". :bang: Instead she kept it on the books, consuming resources and tying up capital needed elsewhere. Until eventually she had to sell it "below market price" anyway, compounding the loss. And she was the finance officer :eek:

...Mke
 
Yes, but on average and over the long haul. In the short term people can try to maintain profit when there's lower demand by increasing per-unit margins. That further lowers demand and is unsustainable unless levels of demand improve for external reasons. But in the short term it can't stop people from giving it a go.

An example of this thinking was someone I once worked with who couldn't sell a surplus company vehicle because she "couldn't find anyone prepared to pay the market price". :bang: Instead she kept it on the books, consuming resources and tying up capital needed elsewhere. Until eventually she had to sell it "below market price" anyway, compounding the loss. And she was the finance officer :eek:

...Mke

That is funny.
 
I have to agree with those who advocate supply and demand, and also currency rates changing.

Hell, no offense to Canadians, but the dollar was overtaken December 2010. Takes more dollars to buy things. I am optimistic the dollar will bounce back, and prices hopefully will reflect that.

KEH however might be purely pricing things based on Supply/Demand as noted. If no one is buying it, prices will fall. Guess wait another few months and see.

I never buy off there anyhow, i like to buy and sell between photographers
 
I never buy off there anyhow, i like to buy and sell between photographers
They're good for lens hoods and suchlike things which can be a PITA to find elsewhere. At least that's what I've dealt with them for. I accumulate a list until I have enough low-priced items to be worth the postage way down here. Of course some aren't available when I get enough together to be worth a buy. That gives me a ready-made start to the next list. (I've done this twice now.)

...Mike
 
Yes, but on average and over the long haul. In the short term people can try to maintain profit when there's lower demand by increasing per-unit margins. That further lowers demand and is unsustainable unless levels of demand improve for external reasons. But in the short term it can't stop people from giving it a go.

An example of this thinking was someone I once worked with who couldn't sell a surplus company vehicle because she "couldn't find anyone prepared to pay the market price". :bang: Instead she kept it on the books, consuming resources and tying up capital needed elsewhere. Until eventually she had to sell it "below market price" anyway, compounding the loss. And she was the finance officer :eek:

...Mke
Yes .. very amusing story
 
I picked up a Tanack IV with 5cm F2 Tanar, beautiful condition- for about $230 at the last camera show that I went to in February. Prices at the show were quite good. The lens is "uncommon", a late black version of the lens.
Brian -- A little off topic, but how do you kike the Tanack IV? I own one and simply love its small size and ease of use. I think it may be the smallest interchangeable lens rangefinder with a swing-open back. I've also owed (in the past) the 50/2 Tanar and it was wonderful.
 
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I have used the Tanar for a few test shots, then relubed it. The few shots that I have look nearly identical to the Nikkor 5cm F2. I ended up changing the shim on it, it was back-focusing by a large margin. I was able to use the shim for the Nikkor with it, had to "split" it as the Tanar is slightly larger in diameter.

I am must be a Sonnar fanatic, and have collected a lot of them. Definitely easier at $100 a lens than it is at $400 a lens! This one was a "net 0-cost item" as the Tanack IV body is worth what i paied for the set. I suspect the $30 Nikon M with Nikkor 5cm F1.4 has it beat, though.
 
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