This pattern sold for $685.
I'm not saying that to bring on a barrage of insults and 'that's crazy' comments. I feel its insane, but that's what it is.
Often we get caught up in the price of something. Whether it's worth it is relative, and I think in this case, even the seller (congratulations to that person, by the way) may not have known it would spike in price $300 in the last few minutes.
I've been thinking about fair price vs cheap price a lot lately. I know some people who think the cheap price is the only price that matters. I, on the other hand am finding that the fair price of something is often where the bargain is.
Take my Royalchrome fiasco, for instance. I searched high and low for that settee, and found one that I thought would be a great deal of a replacement. Turns out the seller wanted nearly two and a half times more than what I paid for the missing one. Um no. Was I willing to pay more than I did for my other one, sure. I am tired of looking, and frankly, me talking about them on this site has seen prices spike 200% in the last 6 months!
That got me thinking. Sellers are often jacking up prices to gouge customers, and customers are often desperate to buy it for fear of loosing out. But say that buyer wants to sell it later. They often think they will make money back on it, as opposed to selling it back for its 'market value' which in most instances, isn't what a selling price is.
So spikes aside, patience for a settling price of something aside, I place my patience on a fair price over a bargain.
Bargins are chance. Fluke instances that occur and are lifetime encounters. A fair price, to me is shopping around and finding a pool of items, then selecting what you want, but willing to play with price to not necessarily get the cheapest price, but a deal both parties can live with.
I find the average price for pre 60s patterns is coming in at $18 each. Plain dresses, pants, separates, sure, will all fetch different values, but for about a twenty, you can find something in the mainstream market that will be pretty good.
For me, depending on the pattern, I think that price is fair. Am I going to find a super rare 30's evening gown at that price, chances are no, but a nice day dress with an interesting detail I can make up 100+ times, I'd go for it.
Would I pay $18 for a size 30 bust dress missing stuff and no envelope? Dude, be serious. Nor, in my own personal opinion would I pay $190 for a swimsuit. That's just my own standards.
I'm keen on looking, but not waiting for a bargin. If I find what I want, and it's a fair price, I'll get it. It makes me feel like the seller isn't out to get me, and I know I have food for groceries next week :)
That's my take on it. What's yours?
Have a great Wed!