Well....I think Gary is correct about knowing what the data points relate to in
terms of condition. If you have 2 lenses and one is "New in box with all
packaging" and goes for $700 and the second is Exc+ (a nice lens) and goes for
$500.....an "average" price really isn't $600.....it's close to the $500
because that is actually the "average" condition of most of the lenses you will
see.
Bruce Kolber
St. Petersburg, FL 33715
USA
----- Original Message -----
From: ClassicVW@xxxxxxx
To: olympus@xxxxxxxxxxxxxxx
Sent: Sunday, May 27, 2001 7:07 PM
Subject: Re: [OM] FS: Zuiko 100 F2 lens
Maybe I'm figuring it wrong myself, but I don't see anything particularly
troubling from Mark's posting. If Skip's lenses range from Ex+ to LNIB, and
we're talking $408 to $482, I would interpolate it that Mark is rating his
lens (by his asking price) as roughly 1/2 way between Ex+ and LNIB. I don't
see any reason to knock the whole posting and that way of setting a price. If
I see lenses at a seller's table ranging from $408 to $482, and the seller
places one more on the table priced at $450, aren't we to assume it's a
middle-of-the-road condition example? And who's to say WHAT we're judging
condition on? When I think of condition, it's 'cosmetics' I'm talking,
because I assume the lens' 'functionality condition' is perfect. But that's
me, and I'd better ask the seller to be sure we're on the same page, and
that's exactly what a buyer should do of Mark or any other seller. ASK ASK
ASK. Which is why I (now) avoid eBay like the plague, unless I'm a bit
familiar with the seller.
George S.
>Gary Reese wrote:
But how can folks look at Skip's data set and set a price:
"taking the condition of the lens into account?"
This isn't the first time I've seen this assumption stated by a seller.
Two of the data points in Skip's set were Like New in Box. The other
three were KEH=Ex+ condition. Of course, those cosmetic condition
grades aren't told in the data set and are also my "expectations of
condition" rather than what the buyer might think after seeing the
lens. One can argue that Mark's 100mm f/2 fits into that condition
range pretty nicely. But it just as easily could have missed the mark
and who's to know? The standard deviation on the data was a wide $408
to $482, since it had only 5 datapoints, further eroding confidence in
the average.
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