Most people have long realized that the "average price" that is quoted for lenses in the Lens Review section are misleading. This is the nature of averages. As my grandpappy just to say, stick your head in a fire and your feet in the freezer and "on average" you'll feel just fine. Averages that include prices paid for new lenses (back in the day) being averaged with the thrift store price that somebody else paid isn't going to give you a good average. Worse, the system discourages many reviewers from honestly stating the price that they paid, since they don't want to look like "chumps" for paying more than that "average". (Notice how many reviewers don't state a price paid?)
Even worse is the "Price History" section. It is so bad that I would rather have it turned off completely than provide the misleading information that it does. Let's take just one example:
SMC Pentax 67 / SMC Pentax-6x7 165mm F2.8 Reviews - 67 Telephoto Primes - Pentax Lens Reviews & Lens Database
The graph would have you believe that in nearly two years the price of this lens has been under $150. In fact, if you look on that infernal auction site we all know and avoid
this particular lens has sold 8 times in the last 30 days and only twice has it gone for as little as $145. Three times it has brought over $300 and twice over $340. If you took the average of what it has been selling for in the last 30 days (on that U.S. auction site
) you would get a figure of $250 (roughly double what the Price History graph would lead you to believe).
An accurate Price History graph would be useful (if it got its data from actual sales reporting in Marketplace by buyers and/or sellers, for example) and not just from the self-reporting in the Reviews section.
I have the feeling that the programming that went into providing that nice little Price History graph was probably a lot of trouble to implement, and it sure looks good. If only it provided data from a more realistic source.