Outrageous used pricing on older McIntosh


Am I the only one to notice that pricing on older McIntosh gear is bordering on the ridiculous lately? In the last few months, sellers with amps and preamps that are from the 70's, 80's, and 90's are asking within a few hundred dollars of the original asking price! Now I know Mac gear holds it's value very well, but for a used item decades old to be so close to original is ridiculous. Of course, the newest gear is in the "stratasphere" region, but that is to be expected. Anyone else notice this?
sid42

Showing 1 response by oregonpapa

Tubegroover said:  "  The amps sold for 198.00 each new during the time of their manufacturer from 1955-1961."

Just to put things into perspective, I worked the graveyard shift for Douglas Aircraft in Santa Monica in 1957. With overtime, my pay maxed out at $110.00 per week. I bought a 1955 Chevy Bel Air hardtop with 2400 miles on it in 1957 for $2200.00. In 1965, I bought a brand new home in Huntington Beach for $20,650. Payments were $147.00 per month ... and that included taxes and insurance. So, considering the times, what we now call "classic" audio gear was quite expensive. 

For a lot of collectors,the classic gear is like collecting postage stamps. Records (lp's) can be the same. There are folks who pay multi-hundreds of dollars for original Blue Notes, etc., when they could have pristine reissues on 180g vinyl. Why is the original so important to them? Because they are collectors first and listeners second?

The real question is: Has the value of the classic gear gone up ... or has the value of money gone down???