Sellers: When do you drop your price?

+1 on jperry on erring to the side of underrating condition.
It's a personal choice, but I find good value in forgoing some money to forgo some hassle.

As others have said, no rush to drop price, of you are not in a hurry.
That said, +1 yogiboy, jperry.  Unless it is a "hot" piece, in basically new condition, I'm looking to pay around minus 40% or less for used kit.
For a second owner (condition therefore 8 tops, usually) piece, introduced in 2014, minus 33% certainly seems ambitious.
Personally, although I don't churn kit, when I do sell, I ask on the low side; things move fast, with happy buyers, with less haggling.  Worth passing on a few bucks for me.

Way to break out the Latin rhetoric, hilde!  :)

dill +1
Good for you hilde, you moved the gear quickly, and can claim some vindication regards those who hammered you a bit on the initial price.
I've never made money selling gear, and never tried, but it's hard to see how this could be morally objectionable, if there is no misrepresentation:
Suppose I buy a pristine [your favorite big $ piece here] for 10% of retail at an estate sale; I've not harmed anyone by re-selling it for 11% of retail -- on the contrary, looks like I've helped them.

I do find the people who set out to make money whenever they swap out gear a bit odd  -- again, not my MO for my hobby -- but if they play by the rules, what's the beef?

gano, although I spoke on the other side, I totally hear you.
hilde's 75 bucks is neither here nor there, but  the extent to which one thinks of one's hobby and fellow hobbyists  in terms of profit is something worth thinking about.
No disrespect to dealers here: we're all in their debt. But the cost of "turning pro" in anything, from carpentry to poetry, underscores the point.

sokogear:  Thanks for your thoughts.  You might review my post higher up on the thread, where I use the example of finding a bargain at an estate sale and flipping for profit to make a point very similar to the one you've just made.  I suspect us of being in heated agreement!