Re: Rhyme and reason for ][ prices on eBay?

[Michael J. Mahon <mjmahon@aol.com>]

D Finnigan <dog_cow@macgui.com> wrote:
> Steven Hirsch wrote:
>> Is there any obvious reason why a recent Rev 0. ][ went for $5k and this
>> one:
>> 
>> 251214826923
>> 
>> only bid up $999?
>> 
>> Is there an important difference I'm overlooking?
>> 
>> Steve
>> 
> 
> Imagine a group of people who all have a fair amount of money to spend, and
> they all really want an Apple II.
> 
> One guy, however, either has more money than each of the others, or he is
> willing to spend more than each of the others. No matter what the case is,
> he bids as high as he can against these other guys, and he wins.
> 
> Now this guy is satisfied, and he bows out of future auctions.
> 
> Along comes another Apple II, and now the bidding pool is constituted by the
> remaining fellows. Since there are fewer people, and these are people who
> may not have as much money to spend (or the will to spend it) as the winner
> of the first auction, the bidding naturally does not reach such a climax as
> it formerly did.

Exactly. 

Although the eBay market is quite large, it is not infinite, so the
statistics of buyers vary greatly on a month-to-month timescale. 

-michael - NadaNet 3.1 and AppleCrate II: http://home.comcast.net/~mjmahon