Anything is worth what the buyer is willing to give...
I had a boss (Dan) many years ago that drank quite a bit. He was very close to retirement age and was some what of a mentor. He told a story that stuck with me about a yard sale he had a few years after his divorce. He had a ton of Christmas decanters from Jim Beam. One of his college buddies had gone to work in Sales for Jim Beam and every Christmas Dan would get a decanter. He put a bunch of them up for sale in the garage sale for prices in the $3-$5 range. A few months later he saw a guy in line at the grocery store, and he struck up a conversation. He begins by telling Dan he bought a decanter from him. Dan, being the gruff guy he was said that's highly likely. The guy then begins to gloat asking him if he knew what the decanter was worth. Dan asked him what he paid for it... The guy tells him $3. Dan says then that's what it was worth to him. The guy tells him he found it online and it's worth $500. Dan said, I found someone willing to pay $3 for it, so it was worth $3 to me. If you find someone willing to pay $500 for it, then it's worth $500. Until then it's worth $3. The guy then says, And it still had the whiskey in it. Dan said, Now you're just making me mad.
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- by clarionite
- Tue Mar 14, 2017 3:19 pm
- Forum: Off-Topic
- Topic: At What Price Point For A Used Gun Do You Say No Thanks?
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