Values
Let me just add a comment to Ray's back to Herr Frick. Value is a perception that is determined by two arms- length parties: one who wants to sell and one who wants to buy. But I think you might consider the item characteristics as part of that perception. Let's assume that I have a load pf alpha character A SS FM normal pins and an equal load with the letter C, D and E. In one of my prior posting I noted that I don't have one with a letter B, F, G or I. If you had a B and offered it to me, would that new addition be "worth" more to me? It just might well be the case. By the same token if you had the B and didn't really know much about them, would you consider selling it at a price less than what I might perceive as its value to me making it a "bargain?" In some obtuse way it "could" be similar to collecting SA daggers or SS daggers with different maker marks. Once the universe of maker marks has been determined (and in daggers that's pretty well the case) the rarity of some makers can be viewed an a price enhancement to those who want to "fill a hole" in their collection. Deschler made the SS FM pins so that is a known constant. To merely say that this line of reasoning is flawed either by a dealer or collector who has an agenda is a bit shortsighted. There's always a limit that someone will pay as well as a limit that someone will sell. If they don't agree, there's no sale.
I would of course always agree that there are some who for whatever reason "seem" to charge more. That's their choice. But in a negotiated sale market, it is the negotiation that will ultimately determine whether a sale is consumated or not.
Now I will add that personally, I don't believe there is an SS FM pin worth $ 500-- at least not today. And the membership books, which seem to be rarer than the pins, will continue to bring what they bring.
Let me just add a comment to Ray's back to Herr Frick. Value is a perception that is determined by two arms- length parties: one who wants to sell and one who wants to buy. But I think you might consider the item characteristics as part of that perception. Let's assume that I have a load pf alpha character A SS FM normal pins and an equal load with the letter C, D and E. In one of my prior posting I noted that I don't have one with a letter B, F, G or I. If you had a B and offered it to me, would that new addition be "worth" more to me? It just might well be the case. By the same token if you had the B and didn't really know much about them, would you consider selling it at a price less than what I might perceive as its value to me making it a "bargain?" In some obtuse way it "could" be similar to collecting SA daggers or SS daggers with different maker marks. Once the universe of maker marks has been determined (and in daggers that's pretty well the case) the rarity of some makers can be viewed an a price enhancement to those who want to "fill a hole" in their collection. Deschler made the SS FM pins so that is a known constant. To merely say that this line of reasoning is flawed either by a dealer or collector who has an agenda is a bit shortsighted. There's always a limit that someone will pay as well as a limit that someone will sell. If they don't agree, there's no sale.
I would of course always agree that there are some who for whatever reason "seem" to charge more. That's their choice. But in a negotiated sale market, it is the negotiation that will ultimately determine whether a sale is consumated or not.
Now I will add that personally, I don't believe there is an SS FM pin worth $ 500-- at least not today. And the membership books, which seem to be rarer than the pins, will continue to bring what they bring.
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