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I had the same thought, for the guys that bought them as collectors for ~$1000 they can sell it for one hell of a vacation now. Still a shame these are ending up resold.
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Yarborough Knife: Value vs.Worth
The value of almost anything is determined by the demand for it. In neoclassical economics the value of an object or service is often seen as nothing but price it would bring on the open market which is a competitive market. Neoclassical Economic Theory equate the Value of a commodity with its price, whether the market is competitive or not. Therefore, everything is seen as a commodity and if there is no market to set a price then there is no economic value. There are many economic theories that discuss this subject,value vs. worth. The Classical Theory of Economics,The labor value of theory, Karl Marx (Erscheinungsform), value is separate from exchange value, it is meaningless without a market. Value in itr most basic sense can be referred to as "Real Value" or "Actual Value" This is the measure of worth that is based purely on the utility derived from the consumption of a product or service. Utility Derived Value allows products ( Yarborough Knives )tobe measured on outcome instead of supply and demand. No single unit has a fixed value unless it is unique such as Yarborough 1, The knife presented to Lt.General William P. Yarborough. Tom Kelly
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Update:
The 1st auction ended last night, SOLD for 6,000 USD The 2nd is still open until 2:14 PM today, currently at 6,800 USD The 3rd has one bid at 5,500 USD, with 4.5 days remaining If you look at the bid list, 95+% are first-time bidders. :munchin Additional info: If anyone is interested, There is a dude ( Veteran owned Crestview Woodworks ) selling hand-carved SF Crests built to mount the Y or V-42 knives. https://www.ebay.com/sch/stkramer10/...p2047675.l2562 |
Go to their store web page. The eBay pages are always higher.
http://www.crestviewwoodworks.com/mi...plaques-1.html The owner of the company is a retired SF guy named Scott Kramer. |
From the Museum:
I have checked the database. One of them 3611 belongs to someone here living in Raeford, but who is out of the Army. I am trying to contact him, so he can contact you. With the other - 3522, we are encountering a glitch in the main database and this number does not appear. We are trying to work this out. I didn't ask about the third one as he's a GB that thinks it's funny people give a shit about this stuff. |
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I read elsewhere that someone ran up the price and bailed on paying.
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Shills or Ghosts bidders are accounts set up to make false bids to drive up the price. It was mentioned earlier that many of the bidders were 1st time'ers. Shilling is illegal. A$$H0's are people that list auctions or that bid up auctions for FUN, with ZERO intention of paying. Most are joke auctions. Examples of stupid auctions https://listverse.com/2012/10/22/10-...ebay-auctions/ http://www.cracked.com/article_15836...-auctions.html https://www.thethings.com/15-of-the-...-sold-on-ebay/ I was almost tempted to bid on Sarah Palin's X-box, but the signature was a little blurry :] |
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#6554 on the bay https://rover.ebay.com/rover/0/0/0?m...2F382695333677
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#3089 is on the bay now.
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Value and Worth ?
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