The only time a robust secondary market is a bad thing is when a single buyer controls it. Effectively they become a secondary product distributor who adds little value other than capitalizing on the initial sale from Dan and Patti.

I have a more positive view than most regarding why a robust secondary market is good.

First, it sets a pricing expectation above the retail price point of the product. If you want to use the knife and for some reason don't like it, you can sell it for most or all of what you paid in the first place. This is good for all of us. You can't have this benefit without a secondary market in which the value is greater than the initial retail sales price.

The second benefit is that the secondary market ultimately distributes knives to folks who really want them and use them. I would have paid $125 for the Dumpster Mutt, no problem, if I could not have been there at release night. It is worth that TO ME and if the only way I could purchase one would have been to pay more I would have happily done so.

Looking in the rear view mirror on pricing is IMO a terrible way to treat something that is a discretionary purchase that is supposed to bring you joy. If you really want something and you believe the value is satisfactory by your measure, what it was priced at originally really doesn't matter. If it did there would be no stock market...think about it. <img src="/ubbthreads/images/graemlins/smile.gif" alt="" />

Beam me up Scotty!


F5 like you mean it! JYD #15