15-12-2011, 04:11 PM
Quote, Dennis Hoy: "Perhaps this is the way to save the sets..... make folk think they are valuable!"
I hate to sound trite and use a well-hackneyed cliché, but there is a good deal of truth in the saying: "Something is (only) worth as much as what someone will pay for it". However, to me, that causes some concern: if any item repeatedly changes hands, with a profit for the vendor made in each transaction, at what point does that profit 'level out'? And what happens to said item then? In the particular case of vintage broadcast radios there is also the (theoretical) threat that all traditional broadcasting will go non-analogue. What will become of these sets then? Hopefully, since such a development will affect millions of radios, not just 'vintage' sets, there will be a market for 'set-top' boxes, a-la, digital T.V.
However these days I do distinctly detect a fashionable demand for 'vintage and retro' items in all manner of things. So in our realm of interest, this can only be a 'good thing': sooner or later, one of those new owners (who bought that radio only for its 'looks and appeal' and the hope of making a profit), will want to get it working. The chances are that the vast majority of these people will not have the necessary knowledge (etc.) to do that. So what will they do? On the assumption that at that point in time, an ever-increasing amount of money has been paid for the set in question (refer to Dennis' Post above), it seems likely that an 'expert' in such matters will be sought. And that's where we step in! And, hopefully, at that point, the set will be regarded as being of sufficient worth to render the necessary amount of cash being spent on it.
In a phrase: the Law of Supply and Demand will probably prevail. Hope so, anyway!
Al.
I hate to sound trite and use a well-hackneyed cliché, but there is a good deal of truth in the saying: "Something is (only) worth as much as what someone will pay for it". However, to me, that causes some concern: if any item repeatedly changes hands, with a profit for the vendor made in each transaction, at what point does that profit 'level out'? And what happens to said item then? In the particular case of vintage broadcast radios there is also the (theoretical) threat that all traditional broadcasting will go non-analogue. What will become of these sets then? Hopefully, since such a development will affect millions of radios, not just 'vintage' sets, there will be a market for 'set-top' boxes, a-la, digital T.V.
However these days I do distinctly detect a fashionable demand for 'vintage and retro' items in all manner of things. So in our realm of interest, this can only be a 'good thing': sooner or later, one of those new owners (who bought that radio only for its 'looks and appeal' and the hope of making a profit), will want to get it working. The chances are that the vast majority of these people will not have the necessary knowledge (etc.) to do that. So what will they do? On the assumption that at that point in time, an ever-increasing amount of money has been paid for the set in question (refer to Dennis' Post above), it seems likely that an 'expert' in such matters will be sought. And that's where we step in! And, hopefully, at that point, the set will be regarded as being of sufficient worth to render the necessary amount of cash being spent on it.
In a phrase: the Law of Supply and Demand will probably prevail. Hope so, anyway!
Al.
