I have had just a few observations of prices on things that I am
familiar with. And I think that outside of the realm of unsold
overpriced BuyItNow stuff, the prices for used industrial related
things that actually sell, are tanking dramatically.

Here's one example.

I sold a 8 inch diameter steam pressure gauge this summer for $240 or
so. (to someone who operates a real steam engine railroad, no less)

Just now, I needed one, and won a supposedly very similar condition
steam pressure gauge, made of brass, 0-200 PSI, for just $31. The
gauge was perfectly well described, all the right keywords were in the
title, etc. This was not in any way any unusually lucky purchase. It
just shows that the market that was willing to pay $240 for a steam
gauge, can only pay $31. So whatever sorts of people who were buying
steam gauges before, do not have any money left.

I am observing the same things occur in other sorts of things. A 8
inch three jaw chuck, L0 mount, great condition, $50. It is a
little scary to see the extent of it.

What muddles this is that eBay changed its fee structure, and there is
a lot of stuff listed with Buy It Now, that is overpriced and creates
an impression of high prices, but it is a false impression.

The one implication is that if you stil have a job and money, and
space in your shop, it is a great time to buy used stuff like this
right on ebay.

The other implication is that if you go to liquidation auctions
infrequently, it is a good idea to recheck the prices that you used
to base your bids on, in order to not overbid.

Agree? Disagree?

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