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Re: Hatchards Leather Quarter bound Hobbit (No Reserve)

Subject: Re: Hatchards Leather Quarter bound Hobbit (No Reserve)
by Khamûl on 2011/10/14 11:26:22

Heavens! --we're on this old [an] "item is only worth what someone will pay at that time" chestnut; sorry laurel ( ). In looking at a range of prices, you simply cannot include the top (and bottom) of this scale. I'm not talking in this case, but if 99% of a particular title sell for, say, £100 (let's say in a £75 - £125 range) --but 1% of copies sell for £200 (or thereabouts) --it seems patently absurd to claim that it is "worth" £200 just because a few people paid this price at some particular time; or even that it was "worth" £200 at that time.

garm, how far did £60 stretch back then though?
[EDIT: Sorry, you said "1997" --which actually wasn't that long ago...]

BH