I wanted to share something that is relevant to this discussion.
I got my F 50 1.7 from a local seller last year. $80. It was in excellent condition. He said he got it from a used store that day for $30, and wanted to just flip it for some quick cash. Clearly he knew what it was worth otherwise he would not have purchased it in the first place with the intention of just flipping it.
Two days ago a local seller was selling another F 50 1.7 for . . . $80. I tried to swoop in on it (I sold my F 50 1.7 and miss it dearly), but the seller kindly informed me that I was third in line. We had a good chat though. He was a local photographer that had been shooting for years. He simply just didn't use Pentax, and wanted to see it go to a good home. I'm also going to guess that he knew its full value.
Just yesterday, a seller on these forums was selling an F 50 1.7 for . . . $80. Check the sold items sub-forum for the thread. I also tried to get in on that (dear god I miss my F 50) but alas, the seller messaged me to tell me I was third in line (again). Well I didn't get it, but he kindly messaged me back to thank me for the interest anyways. I replied back and told him how I was third in line for the local seller for the F 50. He replied that he had three F 50's, one of which had nostalgic value, and that he didn't want to make any money. He simply wanted to see his extra F 50 1.7 go to a good home.
I've been buying and selling on my local Craigslist for years. I've gotten my fair share of good deals. I've also sold things WAY under value simply to grease the gears on the sale. I can't remember a buyer questioning or raising a fuss as to why I set my prices the way I do, and I don't expect them to. In fact, I would be a little insulted if someone asked me if I knew how much my stuff was worth.
Originally posted by bdery If the seller and buyer both walk away happy, then it was a honest transaction.
This is the best way to go about it.