I'm baaaaack!!!! ,,now, the recap
RECAP
Recall, I was asking for an educated guess as to the fair market value of the Compact C-4 that Kyle was using to try to make a deal. And, in deference to the tremendous slop room caused by the limited/squirrely market, I tried to make easier by providing this ‘suggested’ format:
"I ____________ think the fair market value of Kyle's Compact, based on his description and the pic, is worth between __________ and ___________.
Disclaimer: This "educated guess" is based on my limited experience with a very small and specialized market and should be used for discussion purposes only. You are cautioned that prices may vary incredibly."
The good faith estimates of value were as follows:
Ian - $60
Pete - $30 to $50
Jeff $20 to $50
Charles Richard - $30 to $50
There you have it. The fair market value of that machine is, if you take out the high and the low, between $30 and $50 --- we could probably say $40 – give or take. Good job guys.
…and yes, of course, Tania, or someone on ebay, might pay more – even a lot more. Or, you could hold out for a number and let it reduce to zero if you factor the time value of money.
I think Dr. Lester’s contribution is very important and, yes, he has balls. (I just knew it!) Some of you tried to use his Aunt Tillie article as a rationalization for continued sandbagging but you kind of missed the context, or the semantics, or something. And even in that article, Charles talks about the potential of the right machine in the right condition.
But for this thread, CRL understood that obfuscation misses the point and rendered his opinion, in agreement with Pete’s. And while I am not as involved in these matters as most of you, I would suggest that CRL is certainly “qualified” to render an opinion.
So, if I were in a survival situation and could pick my team, I would go with Ian, Pete, Jeff, Charles Richard and, of course, Victoria Beckham. What a team. And Jeff would be on the team even though we are opponents in a serious competition on September 15 (corrected date).
Thanks, guys!
P.S. Recall that at post #16575 Kyle said his collector/estimator told him $180. Now, I cannot include this value because it is hearsay (smile) and the source is not revealed. Obviously we cannot accept testimony that cannot be confronted [except in limited war time situations that do not apply here]. Okay, I know there is a lot of stuff that goes on behind the scenes – anyone know where that number came from?
P.P.S. I will clarify some things in another thread later.