This is a great topic! I hate when people say it, but anything is worth what someone is willing to pay for it. When you have something that was mass-produced all of those individual transactions help form a market value. In some cases things can actually appreciate in value if the cost of a replacement has gone up and demand is high. I think your Bleriot is a great example. I know that I wouldn't sell a new Bleriot for $750 today if I had one in some magical basement. Rolex watches are a good example of used items appreciating in value.
In the Ram case above, I dont think that it is so much that the price is too high compared to the new comparable models, but too high according to the value the market has established. If research vintage cars, you often find that people put way more into restoring a car than they could ever hope to get back selling it-- putting $15,000 into a VW Beetle that they would be lucky to get $5,000. No matter how nice, it is still a Beetle and people will only pay so much. I think that is what the Ram owner is facing-- yes it is a very very nice bike, but it is still a Ram. Cheers! cm -- You received this message because you are subscribed to the Google Groups "RBW Owners Bunch" group. To post to this group, send email to rbw-owners-bunch@googlegroups.com. To unsubscribe from this group, send email to rbw-owners-bunch+unsubscr...@googlegroups.com. For more options, visit this group at http://groups.google.com/group/rbw-owners-bunch?hl=en.
