an interesting deal in the works...

[Rooster_Ties]

I've got an interesting deal going with someone here on the board, for a Mosaic set I've been thinking about selling. And I suggested a crazy idea for how to arrive at a value for the thing, and much to my surprise - the other guy said yes.

There's a copy of the very same set on eBay right now, that closes within a week or less. I won't mention which set, since I don't want to unduely influence the bidding on the set that's on eBay. And the reason I say that is...

We agreed that the purchase price would be 70% of whatever the closing price on eBay was (for the set that's up right now), plus actual shipping expenses.

My logic was that I'd get a pretty fair price for the set (which is in near mint condition), and he'd get a "fair"-er price than he'd get if I had listed the set on eBay, and he tried to buy it that way. (Plus, this way eBay doesn't get a cut.)

I was never too comfortable asking a hell of a lot for the set here on the board, but deep down - I was kinda wanting a good price for the set (say, something in the range of $30 per disc, or something pretty close to that, hopefully).

Not sure how absolutely "fair" this will turn out to be (I suppose it'll be out of our hands -- since neither of us will be trying to influence the bidding on the set). And I suppose if the bidding gets "stupid, crazy" high -- then other guy can always bail on the deal. And if the bidding ends up "stupid, crazy" low -- then maybe I'll bail too (or ask for a bit more). But as long as the set comes in around what it usually does of late, I think both of us will end up happy.

Probably no point in me starting this thread, other than to say that I thought this was an interesting way to figure out a price for something. Just HOW interesting, though, I guess remains to be seen...

I'll let you all know how it turns out when the bidding on the item closes on eBay, sometime within the next week or so.

Edited May 10, 2005 by Rooster_Ties

[sidewinder]

Hope it isn't that Tina Brooks set..

[WD45]

I think you should have added another variable, like the price of gas or lobsters or something.

[Jazz Kat]

Couldn't be the Miles Davis set, could it?

[sal]

I wish they had a price guide for Mosaics like they do for baseball cards and comic books.

[Rooster_Ties]

I think you should have added another variable, like the price of gas or lobsters or something.

Or both!!!

[BbM7]

I've been using this method for several years now. Not 70% necessarily, but an agreed-upon percentage or discount. On more commonly tradeed items, I've used an average price - or even an average price after throwing out the highest and lowest of, for example, five auctions.