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  #1  
Old 10-05-2015, 08:32 AM
Dan Farmer Dan Farmer is offline
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Default Prices

I have often heard the advice to average out a range of eBay prices to get some idea of how to price cast iron, so last night I set out to do some of that. I'm confused. It just doesn't make any sense, nor does it fit my street reality.

Now, I didn't just fall off the turnip truck... I understand supply & demand and how the willingness to sell/buy and condition affects prices. But there must be some sense of order, doesn't there? OK, maybe not.

For example, a Wagner EPU #5 (pattern 1055) ranges on eBay from $29 - $41 (including shipping) (I tossed out the one that sold for a shocking $82 as an anomaly) and got an average of $34.

Yet, I have two of those, one I got for $15 (flea mkt), and the other for $8 (pro estate sale). I'm assuming the flea market seller got his for around $8 as well, since he had to make a profit.

I saw SBL Griswolds ranging from $27 up to $69 (average of 8 of them came to $45). Condition seemed to be similar on all pans listed.

That is a pretty wide range of prices. Those of you that sell... do you just pick what sounds good to you? Do you start at the high end so that you have plenty of room to come down? It would be helpful to me to have a discussion on this, as my collection is quickly outgrowing my available space.
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  #2  
Old 10-05-2015, 09:48 AM
Bonnie Scott Bonnie Scott is offline
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Default Re: Prices

Check the sold for listings. What are people paying for them?
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  #3  
Old 10-05-2015, 10:05 AM
Dan Farmer Dan Farmer is offline
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Default Re: Prices

Quote:
Originally Posted by Bonnie Scott View Post
Check the sold for listings. What are people paying for them?
That is what I was checking, Bonnie. Only the sold listings.
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  #4  
Old 10-17-2015, 08:20 PM
Dan Farmer Dan Farmer is offline
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Default Re: Prices

I hit a couple of antique stores today and did a little price checking. All #8's.

Unmarked pre-60's Wagner $22
Unmarked pre-60's Wagner $52
Unmarked hammer finished $80
Unmarked #8 $66

From $22 to $66. All pretty much in the same condition.

Oh, and #3's:

Griswold #3 $85
Wagner #3 $12
Generic #3 (2) $15

See why I'm confused? I guess I need to just stick with what I'm willing to pay, but still, with such variation it is really difficult to know what others are really paying.
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Old 10-17-2015, 08:32 PM
KevinE KevinE is offline
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Default Re: Prices

I only pay what I'm willing to pay for an item so whatever the "market" is doing doesn't matter much to me.

?? What is a Wagner EPU? I've never heard of EPU being used with Wagner. With Griswold it means Erie, Pennsylvania, USA and pertains to how the skillet, pan, etc. is marked.

FWIW, Wagner didn't use pattern numbers. They used catalog numbers. Griswold used pattern numbers.
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Old 10-17-2015, 08:56 PM
Dan Farmer Dan Farmer is offline
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Default Re: Prices

Quote:
Originally Posted by KevinE View Post
I only pay what I'm willing to pay for an item so whatever the "market" is doing doesn't matter much to me.

?? What is a Wagner EPU? I've never heard of EPU being used with Wagner. With Griswold it means Erie, Pennsylvania, USA and pertains to how the skillet, pan, etc. is marked.

FWIW, Wagner didn't use pattern numbers. They used catalog numbers. Griswold used pattern numbers.
You're right, of course, about Wagner EPU. Just meant the standard Wagner, Sidney -O-.

Also right about the terminology of pattern numbers vs. catalog numbers. But my point has nothing to do with terminology... it has to do with prices. Sure, you're only going to pay what you want to pay, but you can't tell me that is not influenced at least somewhat by what others are willing to pay, which influences what asking prices are.
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Old 10-17-2015, 09:41 PM
KevinE KevinE is offline
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Default Re: Prices

Quote:
Originally Posted by Dan Farmer View Post
Sure, you're only going to pay what you want to pay, but you can't tell me that is not influenced at least somewhat by what others are willing to pay, which influences what asking prices are.
I guess that depends on where you buy your cast iron. If you're buying on ebay, a FB auction page, or an antique shop then prepare to pay more than at a yard sale, estate sale, tag sale, flea market, etc.
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  #8  
Old 10-17-2015, 10:05 PM
Dan Farmer Dan Farmer is offline
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Default Re: Prices

Quote:
Originally Posted by KevinE View Post
I guess that depends on where you buy your cast iron. If you're buying on ebay, a FB auction page, or an antique shop then prepare to pay more than at a yard sale, estate sale, tag sale, flea market, etc.
Yeah, I guess that is my point. Or, at least part of it. Even within any of those groups, the range is extreme. I'm just not used to that wide a range in prices of anything. Generally, they (prices of every day commodities) seem to settle down to within somewhat of a fairly narrow range. Sure, I expect to pay more for food at my upper-end grocery store than I do at Walmart, but at least they are close.

I can buy a pan at a flea market for $5 and sell it in an antique mall for $60? Blows my mind.
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  #9  
Old 10-17-2015, 10:16 PM
DSBradley DSBradley is offline
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Default Re: Prices

Barnum said it best, "There's a sucker born every minute". I know it applies to prices in CI, but there are rarity factors too. I'm looking for a #4 Wagner Ware pre-1960 with the stylized script that is a smooth bottom. They are a little tougher to find and the price of one reflects that. The cheapest one I found is $95.00 so if I want it, that's the price to pay (outside of dickering). I can't even find one #9 of the same type but I guess that's why they call it collecting and not getting.
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  #10  
Old 10-17-2015, 10:20 PM
Bonnie Scott Bonnie Scott is offline
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Default Re: Prices

There is a hinged Griswold lid on ebay for $145 and it has been on there for at least a year. Asking and getting are two different things. I think some folks just really don't want to sell their stuff. Maybe their antique booth is really just a storage room.
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