What sets the market price for a cue?
- Thread starter Hungarian
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I'm sure the conversion added more exotic wood (and phenolic $$$) and altered the original manufacturing process of the blank to add a one-off stiffer hit. Not to mention, you can see that the original logo is preserved well and these are very rare now.
I applaud you for watching out for your buddies!!!! That gets huge reps in my book! As to your comment....there are special circumstances, nothing is ever truly black and white. I have friends locally who are positively clueless, and I am always telling them, when I know, what a cue they may have or are looking to purchase is worth, relative to the current market. If they're looking at a particular maker's cue, and I am not sure, then I will refer them to here, to someone I know collects that maker's cue, and/or the maker themselves, when available.
As to newer members....I will answer when and where I can...but when I first came here, I asked LOTS of questions here, and would do LOTS of searches on the net. I talked to all kinds of people, from dealers to collectors, soaking up as much information about cues as I possibly could...all kinds of cues, high-end and low. I wanted to be an educated buyer. As a result of that research, I now know more than perhaps I ever thought I wanted to about cues, cases, and their respective makers. I have also never never been scammed or ripped-off.
The reality is...the rules are the rules. We do not own this site. The powers that be feel that this was the best solution to past issues in the W/FS forum.....it is what it is.
Lisa
Lisa
I think the rules are designed to protect sellers from having unasked for price opinions rendered on their for sale threads. One guy thinks $800 is too much, another thinks $500 is more than he would ever pay for a cue. Both guys think their opinions are fact (and for them, they are). I think its best that neither of them render their opinions in a thread were I'm selling a Szamboti. However, the point is a bit moot, nobody with an interest and the means to purchase a Szam is going to be much swayed by these opinions (regardless of how strongly the holder believes hi opinion to be fact). As far as the strong protecting the weak, again, the opinion in that thought itself is rampant.
Thanks
Kevin
The fair market value of anything is what the seller is willing to sell it for and what the buyer is wiling to buy it for. Simple economics. As far as cues goes, generally about 50-60% of new retail price would be a good starting point. There are a lot of variables such as condition, wrap, extra shaft, etc. which would affect price.
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Please give me an opportunity to buy every Gina, Searing, Barry Szamboti, Gus Szamboti, Tascarella, Balabushka, Hercek, Spain and Schick for 50-60% of their new retail price.
Thanks
Kevin
And I'll take the TADs!
For what it is worth, Mr, kvinbrwr has the correct selling formula, he truly lets the market decide. I like his style.
Thats great news. I have approx 20 of them in my basement. I am a rich man now, yes?
I forgot, my name isn't Dennis. But I am a Menace.
For sure the Tads, and don't forget those Rambows and South Wests. We will soon to be having things, can't wait. Heck, depending on condition, I'll go to 75% on some of them.
And, thanks for the comment on style.
Waiting for the deluge of PM offers we are going to get! And, thanks for the offer of protection from those whose deep sense of community runs in that direction, but I'll wade these shark-infested cue waters all by myself (well with ghost ball by my side).
Thanks
Kevin
PS: The Paradises are mine mine mine.
$3000k.., maybe?
The fair market value of anything is what the seller is willing to sell if for and what the buyer is wiling to buy it for. Simple economics. As far as cues goes, generally about 50-60% of new retail price would be a good starting point. There are a lot of variables such as condition, wrap, extra shaft, etc. which would affect price.
ArizonaPete said it best! I have been in sales for 25yrs and have sold things that I dont know why anyone would buy at the price that it was sold for...., so if Searing can get $3000 for a house cue with a little work, its because someone thinks its worth it or that it will be worth it one day.
Anybody that spend $3000 for a cue doesnt need protecting!
The fair market value of anything is what the seller is willing to sell if for and what the buyer is wiling to buy it for. Simple economics. As far as cues goes, generally about 50-60% of new retail price would be a good starting point. There are a lot of variables such as condition, wrap, extra shaft, etc. which would affect price.
ArizonaPete said it best! I have been in sales for 25yrs and have sold things that I dont know why anyone would buy at the price that it was sold for...., so if Searing can get $3000 for a house cue with a little work, its because someone thinks its worth it or that it will be worth it one day.
Anybody that spend $3000 for a cue doesnt need protecting!
That's certainly true (50-60% off retail) if you are talking production cues and some custom cues, but with certain custom cuemakers' work, this blanket statement couldn't be further off base.
I agree 1000% with the simple economics part.....it's ECON 101, guys.
It's a bit odd to think that way, since nothing has any $$ value inherently.
Do you usually act like a little kid?
I think so, because every time we see the Duff logo we say "it's a Searing".
Kind of sad to think that the closest I will ever get to a Dennis Searing cue, is using a bridge made from a Dufferin house cue.
Will trade lots of cues with big leather cases for a Dennis Searing cue
Ernie Gutierrez actually made some bridges. I just can't remember if they were Gina original bridges or mere conversions.
I sold this cue, which is a house cue conversion made by some guy named George, on eBay for $4600 in an auction I started for$9.99 with no reserve. Not only was there one guy crazy enough to pay that, but there was a bidder right below him willing to pay $4,500. When the auction was over I got not one but 2 eMails from non-bidders saying they missed the auction and could they have the name of the guy who bought it so they could buy it from him. For some reason these guys saw more than $80 value in a converted house cue. Maybe they needed the protection of someone who really knew cue values to help them with how to think.
Kevin
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not cool
i think there is somethings that are better left unsaid you may not be wrong for thinking it but you are wrong for posting.
i think there is somethings that are better left unsaid you may not be wrong for thinking it but you are wrong for posting.
Seller SETS ASKING PRICE.
Buyer SAYS Ill PAY "X" PRICE.
SALE is made and Buyer set the Selling Price!
Some Seller who do this for INCOME, never GO BELOW ASKING PRICE!
I did use the term "generally". Very high end collectors cues still fall in the "what are you willing to sell if for and what is he/she willing to pay for it" category for fair market value. Albeit that many increase in value over the original new price as time goes by. So those should not be included in my statement of starting price. I'm not into expensive cues and my most expensive cue is a CX-06 Schon that I use on certain occasions. My player is a Dale Perry with a McDermott I-3 shaft.
The cue this thread was started about was a Searing. Does Dennis's work qualify as a very high end collectors cue for you? It does for me.
If the thread was started about setting values on Dale Perry's cues I wouldn't have chimed in with George Balabushka and Gus Szamboti examples (I wouldn't have an opinion at all other than the thing is worth what someone will pay and be happy with).
Thanks again
Kevin
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