Reply by CharlieM1958

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Posted on Why do some ordinary planes sell on eBay for crazy-high prices?

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16275 posts in 4244 days

#1 posted 08-06-2011 03:39 PM

Ever watch Antiques Roadshow? The value of some items can be out of sight, just because it is the “in” thing to collect right now.

As far as ordinary, common planes going for high prices, like MedicKen said, people are stupid! I think guys put planes up with high starting bids just to see if some dummy will bite. Some folks are just gullible enough to believe that if the starting bid for an old #4 is $100, it MUST be worth that much for some reason.

And then, of course, there are the bidding wars. Someone puts in a reasonable bid, somebody else trumps him, and before you know it emotions are at play, and the plane is going for three times what it’s really worth.

-- Charlie M. "Woodworking - patience = firewood"

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