Ridiculous resale price of vintage equiment

I paid my Sansui AU 7700 100 bucks and pay for its refurbishing a little bit than 100 bucks... Yes i was lucky...

So good the Sansui is though, and it is a marvellous machine sound wise and with flexibility, i would never had paid much more than the price i paid for 7 years ago...

Why ? Because when you pay between 1000 and 2000 bucks with no warrent for a piece of gear near 50 years old, i prefer to buy my dreamed Berning Zotl amplifier at 6,000 bucks...I see my Sansui now near 2000 bucks 1/3 of the ZOTL price... For the sound quality it is not a high price, but for an old piece of gear it is way too much....And the Sansui so good it is and it is, cannot beat some new tech....

And i love my Sansui... His S.Q. /price ratio is over the roof, unbeattable...At the price i paid...Under 300 bucks refurbished...

Understanding economics isnt difficult, being an audiophile isnt difficult.... But being both must be.

Anybody who think with basic can understand basic in acoustic and economy...Yes...

It is not number theory nor Quantum physics here...

But it is "difficult" to figure our small room acoustic at no cost for ourself... Try it...It takes me brain work...

And it is "difficult" to understand economy at the world level and in his relation to city level....What is simple matter is to understand the level of insanity now....Most people dont figure it out though because insanity is their normalcy...

And if economy cannot be figured out without politic, ecology, and many other related  fields, likewise audio cannot be understood completely only with acoustic we need also dealing with many different engineering fields from recording aspects to play back  engineering and electronics etc...

Things  appears  simple at one level and complex at other one.... Sorry....

Then understanding economics really is difficult, and understanding audio really is difficult....I will say the opposite of you sorry....

Because you are an humble dude, congratulation! Understanding both is over the head of most people indeed you are right here....

Myself being less humble than you, i go on ANYWAY with my ongoing study of both at my level of understanding for sure....But the key to understanding is studying...Nothing else...Irony cannot replace brain work nor sarcasm save  in audio thread ...

«If you understand toilet bowl mechanic or your bowel movements this does not means you are a city sewage engineer »-Anonymus Smith

Understanding economics isnt difficult, being an audiophile isnt difficult.... But being both must be.

If you want to accurately assess a market, you have to look at actual sale prices. Taken alone, asking prices mean nothing.

An item's market value is the price agreed upon by a willing seller and a willing buyer.

Value is a subjective/objective factor that cannot be erased or replaced by market price evaluation...

It is a personal motivated complex choice to buy a vintage piece....

My own choice is explained above about my Sansui decision...

But someone else could want to pay 2000 bucks for my Sansui for complete other reasons than mine and for his specific needs...

For example there exist on the contemporary market of new product no amplifier at any price with the possible flexibility choices associated with the Sansui AU 7700..

Then somebody with other needs than mine can claim that 2000 bucks is not a too much high price to afford a piece of gear so useful in flexibility of use....

Anyway no other contemporary amplifier at any price is comparable with the great number of his features and possibilities ... NONE...

Then value is not price market...

Value is a  more stable factor than price market which  fluctuate  around  offers and demands relation... 

Collectibles are a good example of great values with sometimes low resale possibilities...