"Going rate" and "Market Value" are rather arbitrary terms used by people trying to exploit a situation for their own gains. Pedals and guitars are just tools and when we let them be taken out of that context people go fucking crazy.
An LP is never worth $500,000. Ever.
Why is everyone so paranoid about being able to tell others what they made on a sale? "If I don't do it someone else will!!" It sounds like a capitalist superhero tagline or something . Who cares, though, that's their prerogative. But if you let yourself get swept up in that by starting a used pedal sale at an exorbitant price then you should probably just put it on TGP and then keep us posted so we can lol.
With that said if people start a bidding war on the Bay, ride the wave! Debt is no joke and if a bunch of rubes are willing to pitch in to help get you out of it then why not?
Great business with::: space6oy, SpaceFlunky, iamthesnow, DannDubbleEwe, leaves turn, Jero, Gigahearts_FX, PumpkinPieces, sergiomunoz74
If market was $50 and you paid $500 originally, it sucks too, but if that's all you can get and you need to sell....you do it.
The other way around works too.
I don't profiteer on friends though, providing they don't flip the stuff I sold to them and essentially say "fuck you" in doing so.
Exceptions made of course for individuals who buy a few things from me for resale - if I cut them a deal at that point, I know they're going to resell it etc.
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My pedalboard costs approximately 191 Metal Zones.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Didn't you just do this with that Sonic Crayon?
pre-emptively: Jealousy's got nothing to do with it.
I owned that pedal for well over a year (maybe several years, don't remember) and used it quite a bit before I realized I needed a glitch pedal with differing functionality. I sold the Sonic Crayon for a price that would allow me to purchase a revolver. So no, I did not flip it directly after buying.
Sure -- I just thought that Anti-Naut was the same as the one he'd listed on facebook a little while earlier. My bad.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Let me just state that I might have overstated things a bit in my response. I'm not saying that it's wrong to profit off of a pedal that all of a sudden becomes a hype machine. I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Let me just state that I might have overstated things a bit in my response. I'm not saying that it's wrong to profit off of a pedal that all of a sudden becomes a hype machine. I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
Whatever makes you feel good. The next guy will definitely take advantage of the situation and flip though. I've watched it happen an endless number of times.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Let me just state that I might have overstated things a bit in my response. I'm not saying that it's wrong to profit off of a pedal that all of a sudden becomes a hype machine. I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
Whatever makes you feel good. The next guy will definitely take advantage of the situation and flip though. I've watched it happen an endless number of times.
Well, like I said, I've only done that with guys that I've known for years on this board or on Talkbass. And if I did find out they just flipped it the next week for $$$, I'd definitely never give them a deal on something again. It's much different here than on Harmony Central, which I found to be a rotting cesspool full of floating hunks of donkeyshit.
bigchiefbc wrote: I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Let me just state that I might have overstated things a bit in my response. I'm not saying that it's wrong to profit off of a pedal that all of a sudden becomes a hype machine. I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
Whatever makes you feel good. The next guy will definitely take advantage of the situation and flip though. I've watched it happen an endless number of times.
Well, like I said, I've only done that with guys that I've known for years on this board or on Talkbass. And if I did find out they just flipped it the next week for $$$, I'd definitely never give them a deal on something again. It's much different here than on Harmony Central, which I found to be a rotting cesspool full of floating hunks of donkeyshit.
In that case I think you run the risk of thinking strangers on the internet are "real friends" that care about what you think of them. A guy that is going to buy and flip doesn't care about your feelings or whether you like them or whether you feel personally betrayed that they resold a piece a gear you traded them for much more money. And those instances are so rare in general that its not like you would be a constant source of profitable flips anyway. So if that guy gets a deal and some profit off you, he's done and looking for the next deal. This is just a matter of fact issue with flippers. IMO you should always sell for what you can get and then forget about that piece of gear. The mutually beneficial and appreciated internet buddy deal is just kind of a myth. Sad but true.
whoismarykelly wrote:I always sell things for market value. If you dont, then the next guy will excitedly thank you for the awesome deal and then flip it himself for all the profit a month later. People shouldn't be treated like dicks for selling things they own that have rocketed up in value. Do you judge the guy who bought an LP for $400 in 1959 and then sold it for $500,000 in 2014? Of course not. Getting lucky and turning a profit is fine. Buying something and immediately flipping it for a profit the next week is less fine but part of the game. People are free to do with their own things as they wish. People that hate on them for it are generally just jealous that they didn't get as lucky or cant afford the going rate for rare toys.
Let me just state that I might have overstated things a bit in my response. I'm not saying that it's wrong to profit off of a pedal that all of a sudden becomes a hype machine. I just personally feel that I don't buy pedals as investments, I just don't look at it that way, and if I have a pedal that appreciates greatly in value, I'd rather pay it forward to a cool dude I know rather than make 500 bucks profit off of some dude I don't know from Adam.
Whatever makes you feel good. The next guy will definitely take advantage of the situation and flip though. I've watched it happen an endless number of times.
Well, like I said, I've only done that with guys that I've known for years on this board or on Talkbass. And if I did find out they just flipped it the next week for $$$, I'd definitely never give them a deal on something again. It's much different here than on Harmony Central, which I found to be a rotting cesspool full of floating hunks of donkeyshit.
In that case I think you run the risk of thinking strangers on the internet are "real friends" that care about what you think of them. A guy that is going to buy and flip doesn't care about your feelings or whether you like them or whether you feel personally betrayed that they resold a piece a gear you traded them for much more money. And those instances are so rare in general that its not like you would be a constant source of profitable flips anyway. So if that guy gets a deal and some profit off you, he's done and looking for the next deal. This is just a matter of fact issue with flippers. IMO you should always sell for what you can get and then forget about that piece of gear. The mutually beneficial and appreciated internet buddy deal is just kind of a myth. Sad but true.
I agree that most of the Internet is like that, but I disagree with you vehemently that it's a myth. There are quite a few people on this board, and a few on Talkbass that I consider real friends, I've met a bunch of them IRL and they're absolutely sweethearts that don't do shit like that. I find that being overly cynical and jaded can protect you from being shit on and ripped off, but it can also prevent you from a chance to gain some good friends. But I can only speak from my own experience, which has been tremendously positive. Jrmy totally saved my ass this winter when I blew out my bass cab and had a bunch of gigs coming up. He let me borrow it, no questions asked. I've had other guys on this board just send me pedals to try out or borrow, for no other reason than they're nice, and I try to return the favor when I can. This place is a little different.
Oh you can definitely find good people everywhere and when I actually know people from forums in real life or have posted back and forth with them for years that's different. But I tend to only really find those folks on private forums where members are vetted and doing wrong by another forumite will result in a ban. In an open public forum where lots of people are anonymous and come and go that's rarer.
whoismarykelly wrote:Oh you can definitely find good people everywhere and when I actually know people from forums in real life or have posted back and forth with them for years that's different. But I tend to only really find those folks on private forums where members are vetted and doing wrong by another forumite will result in a ban. In an open public forum where lots of people are anonymous and come and go that's rarer.
OK, then we basically agree. I said I only hook guys up with a sweet deal when it's someone I know, i.e. interacted with for a long long time and I know they're not a shithead. Shitheads do tend to get driven out of here pretty quickly, and shady deals often end up in banhammering around here.