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<p>[QUOTE="Valentinian, post: 1951901, member: 44316"]Above I wrote about selling books on Amazon and how some are priced too high to ever sell, but the high prices provoke other sellers to add copies at similarly high prices, until there may be numerous copies offered, all at prices too high to sell. </p><p><br /></p><p>Since then I looked at the prices for</p><p><font size="4">Testimonia Numaria: Greek and Latin Texts Concerning Ancient Greek Coinage: Texts and Translations v. 1, by John Melville Jones.</font></p><p><font size="4"><br /></font></p><p><font size="4">The minimum was $218. I had one on my sale site for much less and decided to put it on Amazon too. How would you price it, knowing it is a good book but unlikely to bring $218? (By the way, a few months ago the lowest price on Amazon was $250.) So, I put it up yesterday at $185.95, more the $30 below the low price at the time. Today I saw there is a copy 1 cent below mine. (I understand larger sellers have computer programs that automatically reprice items to be the lowest by 1 cent.) So, just for fun, I repriced mine to be slightly lower. I wonder if that other one will be lower by 1 cent again tomorrow. </font></p><p><font size="4"><br /></font></p><p><font size="4">I agree that book is very valuable to scholars and fascinating to collectors, but I'm not sure copies will sell quickly even at the reduced price of $185. If the price drifts down 1 cent every day, it will be a long time before that title is cheap! </font></p><p><font size="4"><br /></font></p><p>What is that book "worth"? I don't know. Check back with Amazon in a month, or six months, and see if they sold. I figure the asking prices will drift down if they don't sell, but it will not be easy to tell if any actually sold.</p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 1951901, member: 44316"]Above I wrote about selling books on Amazon and how some are priced too high to ever sell, but the high prices provoke other sellers to add copies at similarly high prices, until there may be numerous copies offered, all at prices too high to sell. Since then I looked at the prices for [SIZE=4]Testimonia Numaria: Greek and Latin Texts Concerning Ancient Greek Coinage: Texts and Translations v. 1, by John Melville Jones. The minimum was $218. I had one on my sale site for much less and decided to put it on Amazon too. How would you price it, knowing it is a good book but unlikely to bring $218? (By the way, a few months ago the lowest price on Amazon was $250.) So, I put it up yesterday at $185.95, more the $30 below the low price at the time. Today I saw there is a copy 1 cent below mine. (I understand larger sellers have computer programs that automatically reprice items to be the lowest by 1 cent.) So, just for fun, I repriced mine to be slightly lower. I wonder if that other one will be lower by 1 cent again tomorrow. I agree that book is very valuable to scholars and fascinating to collectors, but I'm not sure copies will sell quickly even at the reduced price of $185. If the price drifts down 1 cent every day, it will be a long time before that title is cheap! [/SIZE] What is that book "worth"? I don't know. Check back with Amazon in a month, or six months, and see if they sold. I figure the asking prices will drift down if they don't sell, but it will not be easy to tell if any actually sold. [SIZE=4][/SIZE][/QUOTE]
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