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Posted

I have seen some crazy prices but lately it seems to be insane! I saw a Revell Can Do Peterbilt Wrecker kit on eBay for over $900, a kit that retailed for about $80! I remember selling mine to a fellow modeler for $100 and we were both happy. 

If someone is willing to pay that price, that is the way of the world I guess!

Posted
6 hours ago, Sledsel said:

Well, he is from New York City... Cost of living is high there, so if you adjust for that, it's a $100 kit. LOL

 

 

 

Ha! Upstate N.Y. needs to secede from Albany to NYC. 

Posted

There is a saying that   'A Fool And Their Money Are Soon Parted.' What sort of buyer would this sort of thin attract? Certainly no one that is married probably where the Laws of Domestic Opposition would come into play!        

 $1000 for an old kit that has seen better days. What would anyone do with it anyway?  Can think of a lot of better things to spend hard earned cash on,  

Only two choices. Stash it and hope to make a quick buck later?  No chance if top dollar has already been paid as it is unlikely to move further.    Build it and devalue it to five bucks!   LOL

Posted
4 hours ago, Mr mopar said:

It's called fishing !

EXACTLY,  If one doesnt like the price, its simple really. Move on and enjoy life in the way you chose . Dont bash those who can / will pay the price to get what they want

 

Like I said earlier. There has been times that kit would sell for that. But IMO those days are behind us

Posted

Someone who owns one or more 1:1 Hemi Challengers, and has collected every brochure, every dealer sign, every color of promotional model, and has one of everything else connected to Challengers might be the buyer this guy is looking for.  

Posted

I grew listening to my father say "something is worth what someone else is willing to pay",  so one guy might pay $900 for a concert ticket, where someone else might not walk across the street to see the same convert if their ticket was free. 

Another consideration, he is getting seperated/dovorced or is in an argument with his spouse where they are being asked to "thin that collection", and they have listed them to say they did with the hopes they di not sell, but at a price they can tolerate in the event someone actually buys them.

Posted

 

  I seen this sort of thing happen on and off.  I remember the mint in box, sealed MPC 68 Coronet that went and sold for over $1000 on ebay back about 9 months ago.  Nothing really different with this original, sealed box Challenger kit.  The owner can can put any price on it and someone out there will buy it for that price.  It's his kit, he can put any price he wants on it.    As time goes on , we will be seeing more of this happening with these virgin , mint in box kits out there.

 

Posted
1 hour ago, Mark said:

Someone who owns one or more 1:1 Hemi Challengers, and has collected every brochure, every dealer sign, every color of promotional model, and has one of everything else connected to Challengers might be the buyer this guy is looking for.  

Very true.  There is that purist out there that will pay the bucks for this kit.

Posted

Comments about this are seriously misdirected. The sanity of the person who actually would pay that amount should be called into question, not that of the seller.

Posted
7 hours ago, Mark said:

Someone who owns one or more 1:1 Hemi Challengers, and has collected every brochure, every dealer sign, every color of promotional model, and has one of everything else connected to Challengers might be the buyer this guy is looking for.  

Agreed.  Go to eBay Motors and do a search for "Challenger" and model cars do pop up.  So now you have a guy who sees a kit he had as a kid and has no idea what it's worth, so he buys it!

Also as has been said,  $1000 is nothing to some folks. Just try to get on the other end of one of those transactions!    Hmmmm... eBay keeps sending me emails begging me to sell stuff.... 

Posted
4 hours ago, SfanGoch said:

Comments about this are seriously misdirected. The sanity of the person who actually would pay that amount should be called into question, not that of the seller.

:lol:

I agree.

I'm pretty certain that even if I wanted this model sealed, in the box, I could probably find another one for less than half the price at some point.

Now granted, it might take a couple of years to come to fruition if it's a rare enough kit, but this is not the only one in existence, I assure you.

 

But, as they say, we live in a world of "instant gratification", and if some goof wants to pay this sort of money, well, have at it.

 

 

 

 

Steve

Posted
5 hours ago, SfanGoch said:

Comments about this are seriously misdirected. The sanity of the person who actually would pay that amount should be called into question, not that of the seller.

Why.?

 

Just because someone can and is willing to pay up to get something THEY want with THERE money. 

 

They have to be labled as crazy  or insane etc.etc .

 

I dont get it.

 

If you don't like the price. No one is holding a gun to your head to buy.

Move on and enjoy life as you see fit.

Posted
7 hours ago, gtx6970 said:

Why.?

 

Just because someone can and is willing to pay up to get something THEY want with THERE money. 

 

They have to be labled as crazy  or insane etc.etc .

 

I dont get it.

 

If you don't like the price. No one is holding a gun to your head to buy.

Move on and enjoy life as you see fit.

Kind of for the same reason that we might consider someone who's willing to pay $50.00 for a McDonalds cheeseburger a little loony. :P

 

 

 

 

Steve

Posted

There was a listing here in the UK for an Airfix Morris Marina, 1/32 scale, my holly grail find. Start bid was £100. It was listed as opened, partly built, and get this, missing the body! Somehow it sold, unless the buyer had a body I'd say they had more money than sense personally.

Posted
3 hours ago, StevenGuthmiller said:

Kind of for the same reason that we might consider someone who's willing to pay $50.00 for a McDonalds cheeseburger a little loony. :P

 

 

 

 

Steve

It's funny that in most cases, defenders of excess are usually the first in line with 40% discount coupons.

Posted
15 minutes ago, SfanGoch said:

It's funny that in most cases, defenders of excess are usually the first in line with 40% discount coupons.

There used to be a vendor at NNL East who had “The wall of dreams”. He had a stock of rare old annuals everyone drooled over!  He had these priced high. Often $200-300 each. 

There were people who were furious.. they’d come to me to complain that the show needed to “make him price kits reasonably!”  First, we cant make anyone do anything.. but I’d ask the complainers what was “reasonably”?

The answers were all over the place based on what they’d want to pay! Everything from “no kit is worth more than $100”. down to people who would reference that kits once sold for $2!  

Of course if those same folks owned the kits and were selling, the prices would be much higher!

At the end of each show I’d see people that had bought some of those kits and I’d ask. Yes they paid the price. They wanted the kit for years and finally got it. So the seller found willing participants.

The vendor did have a good business plan. Rare old kits are hard to find! If he priced them at $50 each, folks would have maimed each other to get at them!  He would have sold out, and would have no stock for subsequent shows.  But if he sold 12-24 kits at a $100+ profit, he’d make his money and could find a dozen or two kits to fill those slots in his inventory. Makes sense to me!  

End of story is that the kits were his property and he could ask what he wanted. But if there were no buyers he wouldn’t be at the shows. Nobody was forcing people to buy at those prices, but enough did to make it a viable business!

 


 

 

Posted

Crazy kit prices!!!                            Been to many shows and seen kits with OTT price labels on them.                    Vendor often has to reload 99 percent back into the van.

On the other hand there are vendors who sell kits at very reasonable prices and clear most of the stock they brought along so they can pretty much guarantee covering their costs and make a decent profit on turnover.

The mark up on any OTT priced kit would have to be incredibly high to cover the cost of table, travel and possibly hotel costs for that type of vendor on any given day, plus being dependent on the odd  buyer being present with a fat wallet!

Posted

Cost is relative to the amount of money you have. $1000 for most people is unreasonable to spend for a model kit. However, there is some economic inequality in the world, and that same $1000 price tag does not impact some people’s financial lives at all.  
I remember saving for my first “new-to me” car. I happened to be in Las Vegas a few months after I bought it and walked by a $1000 minimum bid blackjack table. The only person playing was betting and losing more money on every hand than my wife and I saved in one year. 

I bet people in Bangladesh think throwing down $30 for a model kit is extravagant. 

Posted
9 hours ago, StevenGuthmiller said:

Kind of for the same reason that we might consider someone who's willing to pay $50.00 for a McDonalds cheeseburger a little loony. :P

Steve

Except that sealed kit is likely far less accessible than a McDonalds cheeseburger. (supply/demand) While I do not understand it, does not mean I can assign MY value of something to someone else.  I only buy kits I am willing to build or part out, period. I have no collector kits once I own them.

There was a guy a couple years back selling an un-opened box of Hot Wheels from 1970 or thereabouts, and they wanted THOUSANDS for it, and someone paid it. The seller was saying that they hoped the buyer would keep it sealed to maintain it's collectability, but without knowing what was inside, you could be buying all of the worst car from that year, or a fraud deal.  

Posted (edited)
10 hours ago, StevenGuthmiller said:

Kind of for the same reason that we might consider someone who's willing to pay $50.00 for a McDonalds cheeseburger a little loony. :P

Steve

Depends entirely on just how hungry you are and if anything else is avail.

 

There are Micky D's in nearly every street corner. But if they were days apart and you were hungry...that $50 dollar cheesburger would taste pretty good.

 

My point is. 

Sealed 1970 Challenger kits are NOT on every street corner. And someone...somewhere wants one. 

Seller just has to find him.

Like I said....if one doesnt like the price...why bitch about it. Simply move on and enjoy what you do find.

And btw...that some one who will pay that.....is NOT me. I've had my days where i had shelves stacked with big money unbuilt kits. I sold them all and moved on to something else that i enjoyed.

 

 

And for what its worth.

I recently sold  some builtups ...had  1 ea. (Not here btw ) 

MPC 

1970 and 71 challengers.

1970 and 71 Cudas . All four sold in minutes for almost $375. 

 

By some standards they were only worth maybe $20 -30 ea. 

 

The guy didn't have them . I did. ...he wanted them and could afford them. He now owns them.

 

Edited by gtx6970
Posted
1 hour ago, Modelbuilder Mark said:

Except that sealed kit is likely far less accessible than a McDonalds cheeseburger. (supply/demand) While I do not understand it, does not mean I can assign MY value of something to someone else.  I only buy kits I am willing to build or part out, period. I have no collector kits once I own them.

There was a guy a couple years back selling an un-opened box of Hot Wheels from 1970 or thereabouts, and they wanted THOUSANDS for it, and someone paid it. The seller was saying that they hoped the buyer would keep it sealed to maintain it's collectability, but without knowing what was inside, you could be buying all of the worst car from that year, or a fraud deal.  

 

13 minutes ago, gtx6970 said:

Depends entirely on just how hungry you are and if anything else is avail.

 

There are Micky D's in nearly every street corner. But if they were days apart and you were hungry...that $50 dollar cheesburger would taste pretty good.

 

My point is. 

Sealed 1970 Challenger kits are NOT on every street corner. And someone...somewhere wants one. 

Seller just has to find him.

Like I said....if one doesnt like the price...why bitch about it. Simply move on and enjoy what you do find.

And btw...that some one who will pay that.....is NOT me. I've had my days where i had shelves stacked with big money unbuilt kits. I sold them all and moved on to something else that i enjoyed.

 

 

And for what its worth.

I recently sold  some builtups ...had  1 ea. (Not here btw ) 

MPC 

1970 and 71 challengers.

1970 and 71 Cudas . All four sold in minutes for almost $375. 

 

By some standards they were only worth maybe $20 -30 ea. 

 

The guy didn't have them ...he wanted them and could afford them.

I get it guys.

My "tongue in cheek" analogy was directed more towards the disparity of the price compared to what I would assume that most of us would consider a relatively fair price for a model like this.

I've spent enough time, as well as enough money on rare kits on ebay to realize that some of them can reach very respectable prices.

But I think that we all know that this kit is not worth $1,000.00 even on it's best day.

 

But that said, if someone is willing to plunk down a grand for this kit, by all means, knock yourself out.

I will still consider them somewhat of a loon for doing so.

 

 

 

Steve

 

Posted
9 hours ago, StevenGuthmiller said:

 

all know that this kit is not worth $1,000.00 even on it's best day.

But that said, if someone is willing to plunk down a grand for this kit, by all means, knock yourself out.

I will still consider them somewhat of a loon for doing so.

Steve

 

LOL, Loon, great word.  I understand that sentiment Steve, as I myself am very careful with my money. Just to be clear, I do not know much of anything about this kit, nor "collectability" in general, and I would certainly never pay 1K for any kit that I can think of at this stage in my life. (I really want to replace several old models lost in a move, and one is the Ton Daniels Badman, and am reluctant to pay $75 when they come up on Ebay, as I am in no rush, and hope that it gets reissued, some day) Also, I would never personally buy a toy as an "investment". Having said that, I know people that are VERY careful with their money on some things, like never eating out, packing lunch for work, being considered frugal by most accounts, but they have the one hobby or interest they spend a lot on, and that is what they save for. 

I also know some folks spend money like water pouring through an open hand. I was with a buddy of mine one night who lost $6,000 in the matter of about 2 hours at a casino table game, but that was just over one month's mortgage payment for him. Personally, I just do not have that risk tolerance, but then again, he makes a good deal of money. 

 

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