[R-390] [R-390-A FS 40+

[w9ya]

On Wed, Oct 28, 2009 at 7:05 AM, 2002tii <bmw2002tii at nerdshack.com> wrote:
>
>
> >But if the radio had $3K in value in 1969 surely it has at least as
> >much value today (again, modulo the 40 years of missed enjoyment of
> >having a 390A!)
>
> Not necessarily.  Value is a function of both supply and demand, so
> if there is no demand there is no value, no matter how much expense
> went into producing the item in question.
>
> Best regards,
>
> Don
>
>
Uh no.... at least not until it is 'up for sale/trade'. Until then it has
whatever value the current owner assigns to it and that could be measured by
any number of factors, not just monetarily.

What I think you might have meant is that the value of something, *at the
time of a pending sale/transfer*, is exactly what someone other than the
owner assigns to it. That 'someone' is usually the buyer.

Failure to recognize this rule of economics has been the downfall of many
and you were correct to point it out. (If anyone doubts this; well they
haven't been to the same hamfests I have been to wherein some vendors end up
valuing their wares too high and thereby transporting them back home.)

Vy 73;

- Bob
w9ya