Corona effect on Ebay prices

Discussion in 'Stove Forum' started by Timothy Epp, Jun 1, 2020.

  1. Lighthouse

    Lighthouse Sweden Subscriber

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    Prices have gone up slightly I'd say.
    Interest is a bit down, but people seem to be willing to spend a bit more money on 1 stove.
     
  2. Daryl

    Daryl United States SotM Winner Subscriber

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    In USA million are out of work or very slowly going back if ever. They will not be buying but on the other hand a lot of folks got a check for $1200 buck. The ones not effect at all have cash! Maybe by now the stoves are sold and your son has his new gun?
     
  3. z1ulike

    z1ulike United States SotM Winner SotY Winner Subscriber

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    Those millions have been bored at home for months with no job, little money, no air conditioning, and ready to get out do some looting. Those lucky enough to still have a job have been stuck at home saving money and spending it only online leading to mild eBay price inflation. That's my take.

    Ben
     
  4. Ed Winskill

    Ed Winskill United States Subscriber

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    As a friend said to me a few minutes ago: "It's a social experiment. Pay people not to work, tell them to wear masks, and see what happens."
     
  5. Timothy Epp

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    @Daryl The Benelli is on it's way! And one of my 111D's will go on ebay this weekend.
     
  6. Ed Winskill

    Ed Winskill United States Subscriber

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    Put up a pic of that Benelli when it comes!
     
  7. Marc

    Marc Subscriber

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    Yes please, photos of the Benelli!
     
  8. OMC

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    bump
    Now that the propping up of US workers with addl. $600/week is spent & done.

    I confess this IS anecdotal for the moment.
    I am currently seeing what may be a shift to a buyer's market for collectibles, note 3 things:
    I'm fortunate for now and doing some buying.. for me, there's been...
    > less competitive bidding.
    > *lower prices on completed sales, ebayUS.
    > no bids on quality items (not even picked up for low open bid price) indicative of fewer buyers.

    *
    $60 -Op. 00 NICE in tin, complete
    $75 -complete 99
    $41 -Sievert Svea 123, the hammer price
    $84 -Sievert Svea 123 incomplete but had box & paper
    $50ish -complete dragonfly w/extras hammer prices $48, $49 & 66
    $48 -Enders 9060 complete NICE ! the hammer price
    $67 - ditto, another
    $37 X-GK complete
    $152 -111 embossed lid complete, kero roarer. Sought after in US market, $275ish total was typical just last year.
    CONGRATS FELLOW STOVIES who scored !!!

    OK, all is not lost in this same meanwhile many sales did manage closer to optimum sale prices for the sellers.
    Yes i saw the Hovik Verk 44 for $3,700 US and plenty other examples... so for today, all is not lost.

    Anomaly I can not explain: the 530 model prices have been trending up and that continues (reminds me of many years ago the 8R prices increased (doubled) in relatively brief time period. A trend that held.).

    SO, I posted to share a buyer's market "may be" emerging:
    IMO 2 months ago, 6 months ago, i would have been hard pressed to come up with bargain priced grouping as I just shared above, easily finding many low priced sales.
     
    Last edited: Oct 28, 2020
  9. Marc

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    $37 for a complete XGK is a smoking good price. Well done to whoever scored that one.
     
  10. OMC

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    I confess I have far less insight into "market price" than say 4-5 yrs ago.
    This thread began asking: "... has corona put any downward pressure on prices ?"
    Short answer: I can't make sense of collectibles market prices during pandemic.
    High prices were noted, I've seen low prices too... I wonder if maybe changes relating to sniper programs resulted in more items ending w/o sniper war, items that would sell higher if snipers were all dialed-in (i wasn't dialed-in, for a bit there).
    ------------------------------------

    Too long off an answer: my early reply (above) was "yes" to down prices , for sake of continuing discussion let's say I was wrong.
    Others chimed in re prices have increased.
    2 other related threads in the meanwhile BOTH re increased pricing
    A. Can you believe these prices? | Classic Camp Stoves and
    --------------------------------
    and
    B. Brass baby Enders 2640 US Ebay | Classic Camp Stoves sold for $1,093 + $45 S&H from Netherlands ... on Feb. 10, 2021
    EndrsBaby.JPG

    Meanwhile on Feb, 4 (same seller btw) also rare, not at all a high price imo, for what it is.
    C.
    Endrs100nBx.JPG

    D. Feb. 7
    EPrimus535_LI.jpg

    E. Jan 2
    ESvea157_LI.jpg

    F. F___k'n aye! I will not mention the maker or model, I presume it was a fellow stovie scored the deal of the year (imo) on that day. From New York US, for $36.00 + 18 S&H, it was an ancient US stove. I have to say congrats. *more later.

    G. Dec 13, 2020
    EOpti00nTin.JPG

    Re all of the above, CONGRATS TO WINNERS
    ===========================================

    So again, I confess, I'm not nearly tuned in pricewise as I once was.
    Our Corona, modern economy, is unprecedented.
    Before the pandemic were the uber rich, i happen to doubt many dabble in stoves.
    Move down to top 5-7% globally, maybe some deep pockets buying stoves.
    I'm, of opinion stove buyers are not the wealthiest WHICH
    rolls into unprecedented Corona economy: 1st separate
    top 10% can ride it out whatever the effect. 2nd separate the retired

    __% of buyers at least 20%? are retired, (do not rely on wages) income unaffected, adapting can put some down pressure on fixed income budget.

    Going forward with an estimate 80% of buyers are wage earners? 3rd separate 1/4 of wage earners

    20% of buyers income not effected by virus (as mentioned result for **many of these workers is MORE discretionary dollars on hand). 4th separate the next 1/4 of wage earners,

    20% of buyers have "some" down pressure on income/household budget. 5th separate 1/2 wage earners.

    40% of wage earners are out of work or under employed with upside down household budget.
    A wrench in the works (i've got friends in low places) 5% might spend while going in debt.
    MY GUESS: 30 - 45% of those that were active stove buyers are far less active or on pause.
    Meanwhile it seems a significant portion has become more active.

    My initial observations above (yes to down pressure on prices) had in mind "in-general" when economy suffers, most of the "collectibles" drop in price (fewer buyers across the board, supply & demand).
    The current MAJOR downward pressure on overall economy, for wage earners, **is not across the board. I'd guess we all know households that have been doing great all the while, financial-wise.

    I once again said way too much but given that ^^^^, I can't make sense of collectibles market prices during pandemic (they certainly have not crashed, that is for sure).
    If 30 - 45% of buyers are reluctant or not buying... among the remaining buyers is a significant portion more active, flush with cash and with few places to spend it.
    ========================================

    I'm scarcely a buyer these days and way off my game. *Above was a deal I missed (more "no-deals" like that and maybe i'll just quite trying/buying). My prev. sniper program became obsolete, I tried a new sniper program and it didn't work... i screwed it up (it works now). I missed out and will be kicking myself every time I think about it. I have a VERY short wish list, that unnamed stove is on it, I had a chance... it was not a snipe win, if my snipe did work maybe price went from $36 to $300+ with my bid, we never know how high the other bid was (or maybe i win for $76). I can't say win some lose some, I screwed up.
    I've seen none exactly like it, 3 similar ones, in 7+ years I've seen 3 total!!!!

    Back to OP, it MAYBE changes relating to sniper programs resulted in good prices/bargains I see: items ending w/o sniper war.
     
  11. Nicola Francesco Elia

    Nicola Francesco Elia Italy SotM Winner SotY Winner Subscriber

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    Ah! I think more new collectors are emerging, new people with deep pockets that want to build super collections fast, clearly paying without limits the rare stoves.

    I think it’s time to sell my Hovjk 43 for 5000€ ahahah
     
  12. OMC

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    Re: "Ah! I think more new collectors are emerging, new people ... " @Nicola Francesco Elia
    Noteworthy and interesting...
    That can, in-part, attach to people familiar w/hobby, were less active, ... significant portion now more active, flush with cash, with few places to spend it and with more time at home/shop (our hobby is a-ok while locked down / quarantined).

    I always hold out hope, since long before I joined here, that our community (and *hobbies like it) would attract more younger generations. I myself do not get the sense that is happening.

    What do fellow stovies think? ... It seems to me, every year the average age of our community goes up. Have I got that wrong?
    aside: @Marc you identify as "younger" than most around here, do you envision interest growing within younger demographic (late 20s? 30s?, early 40s?) ?

    If I'm right about our aging community trend, that maybe goes against Nicola's thought
    but maybe
    the 2 need not be mutually exclusive.
    The hobby could be gaining popularity among retirees/pensioners for example?
    Ross's vison for the site came to life, a life of it's own, "i think" CCS growth is reflective of hobby growth... am I wrong there too, or no?

    I'm not at all familiar and don't assume pressure lamp community is in lock step in this regard.
    -------------------------------------------------------------------------------

    *Interests / hobbies like it: restoration/use of very old items exemplary of long lost durability combined with aesthetic craftmanship and, as with stoves, items that can STILL be used as intended.
    "They don't make 'em like they used to".
    Large part of my motivation (vs items going in the bin), is +1 w/Gieorgi "It is probe to rescue part of knowledge disappearing with the passing of time. What can be done today - for two three years it will be impossible. It's not only fun, it's also a kind of duty."

    Manufacturers 1 by 1 shift focus to profitability over quality. Making items that outlive owners is in direct conflict with profitability focus.
    The mindset that has long since won popular opinion:
    "Just buy a new one" said consumer as far back as the 1960s, guy w/2 left thumbs, often proficient/successful at his one job, (can afford a new one). IF/when he sees a tool he has no clue what it is, let alone what it is used for... <-- this demographic grew & grew to become the majority it is today.
    We, w/experience & skills needed for repair/restoration (shrinking demographic) become "oh, he's one of those guys, that knows how to fix stuff". Said the 3rd generation consumer (never had a work bench or even a tool box), that guy, with the tooless, repair-clueless great grandpa.
     
    Last edited: Feb 12, 2021
  13. Nicola Francesco Elia

    Nicola Francesco Elia Italy SotM Winner SotY Winner Subscriber

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    I am 40, started collecting at 35... I appreciate old durable things when quality was something to be proud of, I like industrial design, I like the feeling that saving something that could be lost can give, clearly when you start collecting a certain type of objects curiosity push you to investigate more and so to acquire more and more to touch with your hands what you have seen on old catalogs, also... at a certain point obtaining rare items gives you some fame into the community, so we hunt rare things also to gain the applause of the community. We’re are talking about a mix of feelings and mental processes when collecting and spending big money for an hobby. Last but not least, the collectibles market seems to be a good way to save money and also make a possible good profit in the very near future: I have purchased most of my collection by selling part of it, so my collection is auto financing itself. Obviously I have to act like this if I want to collect hundreds of items, people with much more money than me can avoid this passage and buy whatever he wants for any amount. Thanks also to a geographical advantage some people pays 50€ what others pay 500€ and viceversa, this concept creates the market we are living these days. The profit made by these geographically lucky collectors gives them more money to spend in this market so elevating the base value of these items in the competition to acquire the rare items. The rich ones obviously double the offer of these guys just to win an auction and so day after day prices will continue to go up.
     
  14. OMC

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    You make reference to geographical location.
    Could I trouble you to add to your ID the general region that you are from?

    I have been enthusiastic about fuel vaporization/combustion since age 10 ish. 1st stove by age 11ish.
    That said, I did not need to confess, "it's a collection" until 2014.
    I mention 2014 because, referring to online sales (vs local markets etc.) even then prices were on average 1/3 of what they are today. Stovies "collecting" 1980s, 90s, 2000s could have easily collected dozens of nice complete stoves all with minimal purchases. 20-27USD for a complete 502, 550, 8R, P71, Op45/48. Radius 17/19, "in a tin" 00s & 210s a bit more 35ish. Complete 111s, all sorts 55 ish.

    Says you "...day after day prices will continue to go up."
    from your lips to God's ears. I'll not be relying on that but it is surely music to my ears. I hope you're right. signing-off for now, Mr Buy Low.
     
  15. Nicola Francesco Elia

    Nicola Francesco Elia Italy SotM Winner SotY Winner Subscriber

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    I am in Italy, so not very lucky geographically. But imagine people from Sweden that had and is having access probably to a great resource of stoves and lamps, especially as you said in the 80s, 90s etc payed nothing... right now are making very big money out of their collections and many traders are rising prices esponencially for some Swedish items.

    Then also the normal persons that are selling their old objects, by looking at those prices that are not anymore a secret, are not asking anymore 20 but 200 so prices go up.

    Another important aspect relative to geography is the option to sell worldwide. In my opinion most of the difference on prices on the same object is mainly determinated by this factor. The same thing sold locally could be sold up to 10x if sold globally.
     
  16. OMC

    OMC United States Subscriber

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    Well said. Well received. Thank you.
    I should have been more clear, a re-do:
    Stovies "collecting" 1980s, 90s, 2000s could have easily collected dozens of nice complete stoves all with minimal purchases.
    Even as I began 2014ish prices were:
    20-27USD for a complete 502, 550, 8R, P71, Op45/48. Radius 17/19.
    Stoves "in a tin" ie 00s & 210s were a bit more 35ish.
    Complete 111s of all sorts at 55 ish.
     
  17. Marc

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    @OMC No clue on younger folks. My only friend outside this forum, of any age, who is only very slightly interested in camp stoves of any type, most frequently uses the stove which must not be named.

    I'd be curious about an age poll of members here, possibly repeated every few years and compared.
     
  18. Nicola Francesco Elia

    Nicola Francesco Elia Italy SotM Winner SotY Winner Subscriber

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    Clearly not every stove collector is member of this forum, so we are just a minority. Only in eBay everyday are sold hundreds of stoves, so collectors must be in the many thousands range!
     
  19. Ed Winskill

    Ed Winskill United States Subscriber

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    Well, when I came to CCS, I was 53. Now I'm 73. I am still mystified by this temporal process.
     
  20. Marc

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    By golly this is year number six for me. Where in the world did the time go?