Archived posting to the Leica Users Group, 1996/06/12
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>Stan must be making too much money off customers >like me to be able to pay $80,000.00 for a Leica rarity. >This type of bidding caraziness reminds me of the Jackie O travesty. I'm >sure that LUG members will suffer as all Leica equipment will be >considered "gold" even if in truth much of it is fool's gold in terms of >its investment potential. > >Paul T. Collura > > Hello Paul, When you go into the store to buy a candy bar, that candy bar has a value to you. If you think the price is fare you buy it. If you thing the price is too high you don't buy it. Mr Tamarkin (whom I do not know) was in that exact position at the auction. He thought the price was appropriate so he paid it. The value of any item is what a person is willing to sell it for, and what a willing and able is will pay for it...anywhere in the world. End of lecture on economics 101 Regards, Bill Erfurth Evergreen, CO