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Post by teejay on Mar 22, 2020 18:48:16 GMT -6
I know it’s just nuts it’s not that I can’t go out it’s where can I go? The grocery store. The bank, where there probably isn't much of a line. (well, you can't go there on Sunday...) The gas station. Home Depot, and probably Lowe's. AAA is closed EXCEPT for their service centers. McDonald's, etc, for the drive thru.
Gun shop. That seems popular right now.
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Post by cowboycoalminer on Mar 24, 2020 12:25:36 GMT -6
Ole cowpoke here is always looking for vintage Neumann mics at bargain basement prices. Any of you guys see them floating around cheap let me know. They are like gold and silver. Never go down in value nor ever will. Prices may, but they'll always come back up with a bullet.
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Post by chessparov on Mar 24, 2020 14:07:56 GMT -6
A Silver one? Chris
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Post by drbill on Mar 24, 2020 14:23:24 GMT -6
A Silver one? Chris ?? I dunno, but all my vintage Neumann's are accompanied by a Silver Bullet.
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Post by johneppstein on Mar 24, 2020 14:42:34 GMT -6
Ole cowpoke here is always looking for vintage Neumann mics at bargain basement prices. Any of you guys see them floating around cheap let me know. They are like gold and silver. Never go down in value nor ever will. Prices may, but they'll always come back up with a bullet. I said it first!
<grin>
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Post by teejay on Mar 24, 2020 15:05:35 GMT -6
Ole cowpoke here is always looking for vintage Neumann mics at bargain basement prices. Any of you guys see them floating around cheap let me know. They are like gold and silver. Never go down in value nor ever will. Prices may, but they'll always come back up with a bullet. I said it first!
<grin>
You mean that you're an Ole Cowpoke?
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Post by johneppstein on Mar 24, 2020 15:36:26 GMT -6
You mean that you're an Ole Cowpoke? I dunno... Look at my picture, you tell me!
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Post by chessparov on Mar 24, 2020 15:52:11 GMT -6
Gee, I thought that was just your EVIL Twin! Chris
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Post by brenta on Mar 25, 2020 8:53:23 GMT -6
Anybody else going to be spending their stimulus check on gear?
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Post by EmRR on Mar 25, 2020 8:57:45 GMT -6
Anybody else going to be spending their stimulus check on gear? It's gonna replace the 45 days of cancelled work! AHAHAHAHAHAHAHAHAHAAHAAAAAAA
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kcatthedog
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Post by kcatthedog on Mar 25, 2020 9:00:00 GMT -6
Try the veal !
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Post by brenta on Mar 25, 2020 13:13:06 GMT -6
Supposedly the stimulus bill will allow freelancers and gig workers to collect unemployment. Hopefully that works out as there are a lot of people in the industry who need it.
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Post by drbill on Mar 25, 2020 13:29:38 GMT -6
Supposedly the stimulus bill will allow freelancers and gig workers to collect unemployment. Hopefully that works out as there are a lot of people in the industry who need it. This is cool. If you hear any more or have any details, I know there are many who would love to hear about it.
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Post by brenta on Mar 25, 2020 14:26:43 GMT -6
Supposedly the stimulus bill will allow freelancers and gig workers to collect unemployment. Hopefully that works out as there are a lot of people in the industry who need it. This is cool. If you hear any more or have any details, I know there are many who would love to hear about it. I can't remember which news article I originally read that said that, but here's a new one I just found. www.cnbc.com/2020/03/25/coronavirus-bill-boosts-unemployment-benefits-covers-gig-workers.htmlRelevant part quoted: "Unemployed workers who wouldn’t typically qualify for state benefits would receive 50% of their state’s average benefits plus $600 a week, said Arindrajit Dube, an economics professor at the University of Massachusetts Amherst. This category includes self-employed workers (such as those in the gig economy), those seeking part-time work, workers who quit their job or can’t reach their place of work as a result of COVID-19, or don’t have sufficient work history to otherwise qualify for benefits." ... "Expanding benefits to gig workers is also a significant change in current law, experts said. Workers in the gig economy — contractors who drive for Uber and Lyft, for example — aren’t currently eligible to collect unemployment benefits since their employers don’t pay the taxes that fund unemployment insurance." End quote. Still lots of questions to be answered on it. Like how will they determine the income level of gig/contract/freelance workers? I'm guessing it will go off of 2018 taxes.
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Post by lpedrum on Mar 25, 2020 16:06:17 GMT -6
This is cool. If you hear any more or have any details, I know there are many who would love to hear about it. I can't remember which news article I originally read that said that, but here's a new one I just found. www.cnbc.com/2020/03/25/coronavirus-bill-boosts-unemployment-benefits-covers-gig-workers.htmlRelevant part quoted: "Unemployed workers who wouldn’t typically qualify for state benefits would receive 50% of their state’s average benefits plus $600 a week, said Arindrajit Dube, an economics professor at the University of Massachusetts Amherst. This category includes self-employed workers (such as those in the gig economy), those seeking part-time work, workers who quit their job or can’t reach their place of work as a result of COVID-19, or don’t have sufficient work history to otherwise qualify for benefits." ... "Expanding benefits to gig workers is also a significant change in current law, experts said. Workers in the gig economy — contractors who drive for Uber and Lyft, for example — aren’t currently eligible to collect unemployment benefits since their employers don’t pay the taxes that fund unemployment insurance." End quote. Still lots of questions to be answered on it. Like how will they determine the income level of gig/contract/freelance workers? I'm guessing it will go off of 2018 taxes. yeah...this could be a big deal, or at least a modest help in these times. As for the stimulus check, being a full time musician with no current income I'd use it for rent and utilities. However, if I saw a great cheap deal to add another vintage dynamic mic to the studio I might be able to talk my accountant (wife) into that. I'm not seeing any evidence yet on eBay, Facebook, or Reverb of a gear dump right now--probably still to early into this economic scenario to determine the market.
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Post by brenta on Mar 25, 2020 18:14:58 GMT -6
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Post by teejay on Apr 2, 2020 15:37:21 GMT -6
So an interesting twist on this. I had a buyer contact me yesterday about my Bento 500 series rack for sale on Reverb. Seems he could not find anyone to sell him/ship him a used unit. Many "shops" told him they were not open for business, were not shipping right now, or were shipping from NY...and he had concerns about that. Had several tell him they were going to ship, but didn't and now he has $1,100 worth of refunds pending on Reverb. He felt like a lot of folks were not being up-front, or things seemed fishy. He first asked if I could get it out the same day as he needed it for this weekend. Then before I could respond, he bought it. He wasn't specifically looking for a Bento, but was desperate enough to just buy whatever he could find available. Fortunately, I had already boxed it up for shipment and had time over my lunch hour to get it to the Post Office for priority shipping. Frankly, I didn't want to leave the house nor visit the post office. But, I did still have it listed for sale and I did want to help him out. Time will tell if that was a good idea.
I anticipate used gear showing up at a reduced price in the near future, but I hadn't considered those who want to purchase not finding willing sellers.
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Post by chessparov on Apr 2, 2020 16:37:19 GMT -6
FWIW the used/online stuff at GC, has been drying up. IMHO some stuff like used Oktava's, will go up in value used. Chris
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Post by prene1 on Apr 2, 2020 22:27:27 GMT -6
Hell I'm $6,000 in the past 3 weeks. If I'm stuck in this home then I want to play with the good shit.
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Post by johneppstein on Apr 3, 2020 16:46:18 GMT -6
FWIW the used/online stuff at GC, has been drying up. IMHO some stuff like used Oktava's, will go up in value used. Chris I seriously doubt that last. Prices don't go up in a buyer's market, they go down. And it doesn't matter what pricing tier it's in or whether some people feel it's currently "undervalued". Frankly I would be surprisedf to see midrange stuff like old Oktavas become nearly worthless - there's a LOT of it around and if this goes on as long as it looks like a lot of people will start dumping stuff for whatever they can get. Poverty is a powerful motivator.
Used stuff at GC has probably been drying up because GC is NOT an "essential business" and as such is not open to business off the street. Where do you think their used gear comes from? Right, it walks in off the street. I'd be very surprised in they get any of their used stuff online. I doubt they even have a process set up for doing so.
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kcatthedog
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Post by kcatthedog on Apr 3, 2020 16:52:25 GMT -6
Personally,I’d say if you really don’t have to sell, don’t cus buyer’s will think they can just wait for you to drop your price: parallel to recent stock market declines?
A used product is worth what someone will pay for it?
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Post by chessparov on Apr 3, 2020 17:43:00 GMT -6
Yes John I reflected on all those factors before posting. But sometimes I can be a little naive nonetheless. (I'm sure no one here ever noticed! Here's my weasel clause (at risk of going to the punitentiary)... (best Don Adams/Agent 86 voice) "Well would you believe eventually , things will go back up? Like how Charmin Bathroom Tissue now comes standard, with NS-10's included. Chris
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Post by johneppstein on Apr 3, 2020 23:07:50 GMT -6
Personally,I’d say if you really don’t have to sell, don’t cus buyer’s will think they can just wait for you to drop your price: parallel to recent stock market declines? A used product is worth what someone will pay for it? In a seller's market. Which is what we've had for the last several years.
However, in a buyer's market, or if you have to sell to get money on a reasonably fast time scale.......
Because a used item is worth what somebody's willing to pay for it. The adage works both ways, but always works against those with a time constraint.
The economy is like a balloon. We keep huffing and puffing, putting a lot into blowing it up real big and then some a-hole walks by with a pin.......
I'm amazed how many people refuse to understand this. And "refuse" is the right word, because it keeps happening over and over.
Speaking of which...
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Post by johneppstein on Apr 4, 2020 0:13:13 GMT -6
I like johns poverty is a powerful motivator. I think he may have coined a new phrase. “Poverty Prices.”. Gosh i would be interested in high quality mics at “Poverty Prices”. I miss my Bock 251 and my RCA 44bx. (The First Rule of Fight Club is that you don't talk about Fight Club)
Well, (and I mean this in only the kindest and respectful way), you appear to be in the used gear business, at least as a sideline - you always appear to have a few choice pieces for sale. You must be getting them from somewhere and i'm pretty certain that you're making a profit on it as well.
So what's this crap about "Poverty Prices"?
(Just so you know - I spent many years working for large music stores in the SF Bay Area, much of it right in the period when the vintage gear market was in the process of being born. I also bought and sold musical and audio gear in the large flea markets that were flourishing at the time.
I KNOW HOW THE GAME IS PLAYED.
So let's cut the crap about poverty prices, OK?)
So let's define something here - The real, absolute cash value to a typical private seller for a given item is Dealer's Wholesale - what you can get an established dealer to pay if you walk in off the street with the item. As a very rough rule of thumb, this can generally be assumed to be 50% of what the dealer thinks he can get for it, or at least will have it marked at. Anything the average person gets over that elsewhere is gravy, whether he realizes it or not.
The main difference between you and me is that I don't flip gear anymore. But I'm not going to stop looking at transactions from a dealer's point of view just because I don't do the retail end anymore. Anything I get is to improve my rig - it's why I don't sell.
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Post by hadaja on Apr 4, 2020 2:14:19 GMT -6
I quite agree that poverty is not a very nice thing. And being raised in poverty is even worse. And I feel that this current global scenario will certainly increase poverty even more. So yes probably a little too crass to coin a term poverty prices. I stand corrected.
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