LogFAQs > #980226068

LurkerFAQs, Active Database ( 12.01.2023-present ), DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear

Topic List	Page List: 1
Topic	Remember the Princess Diana Beanie Baby?
1337toothbrush 05/03/24 7:02:00 PM #32:	Gobstoppers12 posted... Usually, an item is worth the highest price someone will pay for it. If somebody sells/buys it for $1, that doesn't mean it was only worth a dollar. It just means that the right buyer wasn't in the room at the time. This is why auctions are held, because it gets all the right people in the right room in order to sell an item for what it's actually worth. Ripping off somebody's grandma clearing out her attic by vastly underpaying for a valuable item doesn't mean the item is worth less, it just means the seller was uninformed as to its true value. Your last sentence contradicts the idea that "it's worth what it has been sold for." --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg <cite>1337toothbrush posted [p:980226068] in Remember t... [t:80761405]...</cite> <quote>Gobstoppers12 posted... </cite><quote>Usually, an item is worth the highest price someone will pay for it. If somebody sells/buys it for $1, that doesn't mean it was only worth a dollar. It just means that the right buyer wasn't in the room at the time. This is why auctions are held, because it gets all the right people in the right room in order to sell an item for what it's actually worth. Ripping off somebody's grandma clearing out her attic by vastly underpaying for a valuable item doesn't mean the item is worth less, it just means the seller was uninformed as to its true value.</quote>Your last sentence contradicts the idea that "it's worth what it has been sold for." --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg</quote> ... Copied to Clipboard!
Topic List	Page List: 1