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Old September 6, 2012, 08:41 AM   #4
Senior Member
Join Date: December 20, 2008
Location: Pittsburgh PA
Posts: 2,859
It's exact value is whatever somebody will actually pay, and not a penny more.
Doesn't that go without saying? Is that not true for every single anything that has any monetary value?

Nothing personal petah, as everyone says it but I never understood why people say it. Whether you ask $700 for a $500 gun and hope to find the one guy who doesn't know prices who will buy, or whether you ask $250 for a $500 gun which many will people buy, the item is always worth what someone is willing to pay. Its a circular statement of sorts.

To me its akin to saying "you might have trouble shooting an unloaded firearm" - something thats true on the suface, but also doesn't help anyone with anything. The statement is considered insightful, but its not, IMO.
Winchester 73, the TFL user that won the west
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