You pose an interesting question. Audiogon is a market that consists of buyers and sellers. Economic theory on free markets states that at some point price equilibrium is met. It is set at point where supply and demand meet. When there is a greater demand than supply then prices rise. When there is a greater supply than demand then prices fall. It is no different in this market. We would demand higher prices for our equipment if we could get it. I would argue that the market has determined acceptable prices based on what we will pay. Technological advances in digital technology has not helped those of us who have digital items for sale either.
are we are own worst enemies?
Why do audiophiles sell their used equipment for 50% or more, off of the retail price. I feel that if a piece of used equipment is in mint condition, 65% of retail would be a fair asking price. Since most of the sellers on audiogon sell their equipment for 50% of retail, I am forced to do the same, if I want to make a sale. I find this practice strange, especially when dealers will only discount 10% of retail on new equipment. Anyone care to comment?