Synths for Silly Prices?

Posted by Ivan on AH:
"I've seen quite a few comments here regarding people selling synths for silly prices. My mildy warm mini-rant follows:

Regarding high-end dealers like Mini and others - They provide a service selling vintage but good condition product that has been refurbished. I've done this type of work, and it is very time consuming. Their reputation will determine their market value to a large extent. If something is priced ridiculously and doesn't sell, then the price has to come down to a point where it does sell. If the repair work is done poorly, the value will be less. Yes, it might be purchased by someone with more money than brains, but that in itself determines the market value for that product at that time. I have a local guitar dealer that specializes in vintage guitars. They get insanely high prices for guitars but they are known for having quality product. And people are willing to pay for it. Thus a free market system where they price product based on what the customer will pay.

I've found deals on old gear and have fixed it up and sold it in the past. I sold it for top dollar. But considering the time invested I wasn't making a huge profit. I've also recently sold 'fixer uppers' for no profit and because I felt they were going to a good home. But if I can I try to make as much money on a deal as possible. It would be nice to help out people who can't afford vintage gear, but I am in no position to be a benefactor for less fortunate synth lovers. So this idea of profiteering, as some have put it, is pretty silly in my opinion. If and when I sell my house I will be trying to get top dollar for it as well. Is that profiteering? Last time I checked it was known as how to stay afloat and actually afford to keep a roof over my head. I don't want 30 years of mortgage payments, and I don't want bank loans to fund new gear purchases. Unfortunately I don't have time anymore to do much gear fixing up and selling. But when I do have that time again I intend to sell items for what I can get. If someone else wants to start a synth charity business then that is great. If I become independently wealthy I'll consider a home for wayward synthesists and donate vintage synths like some people loan out their Stradivarius. But until then, it is good old fashioned work and the resultant profit for me.

My final point is that nobody is getting rich in this business. I'm VERY glad that people like Paul Schreiber and Ken Macbeth decided to go into business and provide us with great products. Neither of them are likely to hit the Forbes list any time soon. And the same applies to Mini, or Shawn Cleary, or any of the other synth-sellers out there. If they can't sell products then they don't make money, and they don't survive as a business. It's just that simple. So complain if you want, but don't expect for people to give away gear in the name of our art. There are enough people self-righteously ripping off software and getting something for nothing. If you want a deal on vintage synths, learn how to fix gear and then cruise pawn shops, garage sales, and Craigslist. Otherwise be prepared to pay market value just like the rest of us poor afflicted gear addicts.

Ivan"