Originally posted by monochrome I have noticed the same about the market. There was a well-known Pentax dealer, PF member and PDML contributor who maintained a vibrant eBay store listing 8 - 10 pristine M42 lenses at a time (with an occasional view camera lens or bellows), and then for about 5 years sold 8 - 10 pristine K-series lenses a week. I bought maybe 15 lenses from him over the years.
His store is closed.
Creve Couer Camera in St. Louis has dropped Pentax and the used department has no more Pentax lenses. Schillers has 5 crappy lenses with zoom creep problems instead of an entire case.
Locally, none of my usual buyers has interest in my nice K-series collection, so though I've 'sold' it, haven't actually Sold it.
I don't know what's going on, but whatever it is, it is.
Yes there does seem to have been a 'change' in the market. I am unsure what the change means though.
My observation/ analysis is slightly different. I have noticed a dearth of good quality lenses for sale full stop. This suggests to me that buyers have already soaked up the good ones. I speculate that the 'supply' of additional good lenses is lacking for two reasons:
1. Users are holding onto their good lenses
2. The supply of good lenses from 'unaware' owners/ sellers has dried up or is trickling at a much lower pace
Stores relying on wholesale prices to maintain their margins have probably disappeared or shrunk as 'wholesale' prices are no longer available. The shrinking supply AND increased awareness of Pentax lens value is probably to blame here.
One thing is for sure, the value of Pentax lenses for quality photographic purposes has not fallen off a cliff!