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I know pins are worth what you are willing to pay

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I know pins are worth what you are willing to pay

Iceys

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But if this pin sold recently for 55 dollars, does it technically make it worth about 55 dollars

[h=3]Pin 44892 Cinderella with Bubbles[/h]
 
For me if something sold recently at a certain price it's a jumping off point of either equal value or higher or lower $10-20 either way. But I'd try to do as much research on if it's the only pin that's sold in a while or if there are others online that are being sold at similar prices. If it's a one off crazy price hike up or lowering then someone got lucky or paid more than they probably should have.

But that's just me n_n
 
I agree with Rvaya. Yes, everyone says a pin is worth what you are willing to pay for it (since we all collect different things) however I still say pins have a set value. I say a pin is valued at what it can sell for. For example I recently got the Frozen jumbo door pin (which I have heard can sell for $300+, but I got a good price for it ;) ). To someone who doesn't like Frozen, that price is outrageous and a total rip off, but value is based off of what OTHERS are willing to pay (market value? i think...economics was never a strong subject for me :P) and if Frozen collectors pay $300 for the pin, its worth $300 in my eyes :)
 
This pin sold for 55$ but I have seen it floating around for 52$ on non ebay more sketchy sites
Pin 44892 Cinderella with Bubbles
 
A grail of mine recently sold at auction on eBay for about $25 (via bidding) but other sellers currently have it listed for about $100 (for "Buy it Now"). (Still kicking myself for missing it.)

So it also depends on what kind of "sold" you're looking at. Was that price the result of competitive bidding? Or was it a price that was set by the seller? Bidding prices give a better feel of how much people are willing to pay for it, thus I generally try to use it as a rule of thumb, but if multiple people (both on and off eBay) have it listed for around the same price, that's also a fairly okay indicator. But you have to ask yourself: How long was that pin online before it sold? How many other people are selling it? And probably most importantly: Is shipping included in the price?
 
Was this sale an anomaly? That is, are there other exact pins that sold within the past month or so that sold for less?
 
In my opinion, if a pin "Sells" (key word is "sells") constantly for around the same price then you can pretty much say that is the value of the pin at that time. They must be actually selling for that price though not just what people are asking for it. Like I always say, I can put a dog turd on Ebay for $100, that doesn't mean it's going to sell.
Remember....pin prices will always come down in time. When "highly wanted" pins first come out prices always seem to go through the roof but in time the prices always comes down.
 
In my opinion, if a pin "Sells" (key word is "sells") constantly for around the same price then you can pretty much say that is the value of the pin at that time. They must be actually selling for that price though not just what people are asking for it. Like I always say, I can put a dog turd on Ebay for $100, that doesn't mean it's going to sell.
Remember....pin prices will always come down in time. When "highly wanted" pins first come out prices always seem to go through the roof but in time the prices always comes down.

I think the current rate for dog turds is $72.50 :naughty: (couldn't resist)

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OP - If you are looking at ebay - I think the "sold" prices are a better indicator of their value than the current "for sale" prices....especially if you have seen the same pin SELL for $50-$55 in the past 6 months.
 
Yes indeed always check the sold prices first on ebay when assessing it's value. And sometimes people have friends or other accounts buy pins at inflated prices which is terrible and hard to set a true value of a pin. But that's a whole other can of worms :p
 
Bidding is probably the best way to assess the price of something, because that is literally letting the buyers decide what they're willing to pay. Putting up a "buy it now" price for what a seller thinks it ought to be worth is a good way to have something sit on Ebay for years.
 
Just make sure you put enough info into the tags/title so that the listing has a wide audience to be found by! I've gotten some pins really cheap because I stumbled on them when they weren't listed very good, haha!
 
I love when that happens, Ninpin. Of course, that only happened twice for me, and not super expensive pins. Buts it's a happy thing.

Now, it never happens because my wants are all expensive. That's what I get for having only 14 REAL wants. I gotta get rid of the CM service pins from my wants list. Maybe add them to my trades. Sadly (play sad and slow violins here), it won't matter much, because almost nobody has my wants and few want my trades.
 
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