Sellers: When do you drop your price?

one thing to keep in mind is that audiogon, as opposed to ebay or craigslist, is a narrower, more selective pool of buyers--i.e. your potential audience is much smaller, which logically means it might take a little longer to sell (also you're also a new seller, which makes potential buyers more wary). that said, if you're getting a fair number of watchers but no offers after three weeks or so, i'd rethink the list price. personally, i've never been one of those guys that is willing to wait a year to get what he thinks is the right price--if i'm that attached to a piece i wouldn't list it in the first place.

Whether it’s a house a car etc.,  the acceptable price it’s always determined by the market no matter what you think it’s worth. 

@afisher I'm shocked, shocked! How long has buying and selling worked this way? ;-)