Quote:
Originally Posted by psm11
Yeah going to have a conversation and see where it goes. What are your thoughts on the piece? I think it looks to be in really good shape (normal wear and no major dings or dents). No papers concern me a bit (even tho I know it’s not a huge deal and this dealer is well regarded in MODA). Even if 38 can’t close it I think it’s reasonable to come down some being that I’ll eventually have to pay for papers and probably send it in for a polish since it is used.
It’s a tough call for me as a big part of me wants to wait to see if prices continue to go down and get this closer to retail but at the same time I don’t want to be kicking myself if this goes back up.
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Even if we are at the bottom, which I don't think. Prices will properly go up very slow, so I think the possible gain by waiting is bigger than the possible loss. So I would wait a few months to see if the market stabilise.
Even if prices go up a few % before you buy, you would have a piece at a reasonable market price that's not bad at all. If the market comes down 20% more, you would get stuck with the piece or a big loss.
If you intend to keep it forever, it's not that big a deal.
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