Price insanity on eBay

kookel

Very well Known Member
Joined
Sep 6, 2006
Messages
1,259
Reaction score
307
Ha - saw that ad--ridiculous! I agree with prices being over-inflated. I'm also seeing many overpriced items that sit.
 

kzac

Well-Known Member
Joined
Mar 4, 2017
Messages
268
Reaction score
233
Location
Southeast USA
At a loss for words on this one.
Can anyone explain the trend that warrants this asking price?
This is for 2 hoops.
View attachment 606963

Its called supply and demand. If the seller has the only supply, and there is demand, then the price is obviously going to be steep, especially for a vintage item... I'm not a Slingerland guy, so to me these rims is not worth a plug nickel.
That's just how the free market system works
 

DrummBumm89

Well-Known Member
Joined
Jan 14, 2018
Messages
420
Reaction score
548
Location
California
As soon as I saw the title I figured it must be MattsPickens, with a lesser chance of Counterhoop. Not even Lee County can compete with those prices.

It's not fair to compare these guys to the other 99% of sellers on EBay. They have their methods. And it must work for them. I must admit I bought
once from Pickens when I had to have a Gretsch RB 16" die cast hoop about 2-1/2 yrs ago. Cost me $95 at that time. But, he was the only seller on EBay or Reverb
that had a decent one in that particular week. So he got me. My particular sore spot with Pickens is when they completely take apart a scarce 20's to 40's snare drum strainer and
charge high for every single part.....potentially reaching $500-$800 in parts....where you could buy a decent complete drum for $500-$800.

From time to time I run into Pickens bidding on vintage drums or parts on EBay. With his 12,xxx feedbacks he's hard to miss when bidding against you. I make it a point to try and
outbid them whenever possible.
I see plenty of people doing it with new DW, Pearl and Tama stuff too. It's always seemingly an odd number to where buying 1 or 2 sets doesn't get you enough/too many;
Buy 3 DW Snare Lugs, 7 Bass Drum Luge, One Gold Hoop, etc. They have a whole drum parted out, including the shell for 3x the price of the full drum itself.
 

Pimp-a-diddle

Very well Known Member
Joined
Dec 6, 2018
Messages
735
Reaction score
290
Location
ABQ, NM
I figured that enough time had passed that I could finally put together a vintage Sonor Signature kit that I could never afford back in the day. I went to Ebay and looked about. A 24" kick drum with all the parts is usually priced at somewhere in the neighborhood of 2K.
So I've decided to pursue my other vintage interest; a flawless set of Premier Resonators from the mid 80's to the last production run.
 

Formula 602

Very well Known Member
Joined
Apr 22, 2013
Messages
1,495
Reaction score
472
Location
G.R. Michigan
I see Counterhoop listing stuff for 3-4 times more then I would ask….and..I try and make it a point to clean/polish pretty much everything I sell..have all correct parts..complete pieces ….correct washers…lock washers..etc…yet,he seems like it is too much work to get the barnacles off stuff!

I dont care if he is on this forum ..TIRED OF IT…

oh..PS…..pretty much everything he lists is in “very good “ condition..even though it is not!..How would he even know…if you cant see thru all the crud on his parts?

I am asking $1.25 for a gretsch lug insert and spring on here….50 available….He will ask some CRAZY price of like $9.99 or more…for just 1!
 

ronyd

Member
Joined
Nov 24, 2012
Messages
7
Reaction score
2
Parasites for sure. They can stick them up there you know what!!
 

supergrass

New Member
Joined
Apr 30, 2012
Messages
4
Reaction score
4
Location
Las Vegas
This corresponds with the decline of Ebay. These sellers will list high and wait years to get top dollar because it only takes one sucker. Transactions in volume on cheap stuff is not worth the hassle and expense anymore thanks to numerous factors like shipping costs, fees, new IRS reporting requirements, etc. I don't see Ebay hanging against Amazon in the long run. Once Amazon opens their shipping network to average Joe, it's game over for Ebay.
At a loss for words on this one.
Can anyone explain the trend that warrants this asking price?
This is for 2 hoops.
View attachment 606963
His
 

el_37

DFO Veteran
Joined
May 25, 2009
Messages
1,890
Reaction score
882
Location
NYC
This corresponds with the decline of Ebay. These sellers will list high and wait years to get top dollar because it only takes one sucker. Transactions in volume on cheap stuff is not worth the hassle and expense anymore thanks to numerous factors like shipping costs, fees, new IRS reporting requirements, etc. I don't see Ebay hanging against Amazon in the long run. Once Amazon opens their shipping network to average Joe, it's game over for Ebay.

His

I've been hearing about the pending decline of ebay for over 20 years. As of 2022 they still collected about $9.7B in annual commissions.

Vintage parts are insane now. You can easily spend $900 putting together a snare that will be worth $600 once you are done buying everything to complete it if you want all original parts.

Plenty of Slingerland floor toms around. Not so many intact leg brackets around- that's why a complete 3 ply 16x16 can be found for $250, but a single intact leg bracket will sell for $75.

Slingerland Chrome Over Brass (C.O.B) rims are trading in the $75-$125 each range these days. Ludwig ones are even higher. Chrome Over Steel (COS) rims now goes for what COB was selling for ten years ago ($40-$60 each).

A Ludwig P-83 strainer can easily be $100+ these days. You used to be able to walk across the USA on them- now there are very few for sale.
 
Last edited:

Paul Belanger

Member
Joined
Jan 1, 2021
Messages
17
Reaction score
20
Location
Montreal (Qc) Canada
Quite simple economics: offer and demand. Over the last 2-3 years, there were a lot of people with lots of ''hobby-money'' with pretty much nothing to spend on, except, online material. Prices went up on everything, from drum gear to real estate. Now that people go back to - what I think - is a more ''normal'' life, they'll start spending on other activities - as they used to. Add to this the recession we're just starting to see the tip of, and I wouldn't be surprised to see prices stagnate and then go down a bit. People will be more strapped for money and luxury - vintage hoops or what have you - will be the first thing they'll cut spending on. They'll always need a roof and food.

I've always seen eBay and Reverb as go-to for the really picky stuff. The good deals? Nothing beats local.

My humble opinion, that is.
 

brokenstick

Well-Known Member
Joined
Apr 21, 2022
Messages
217
Reaction score
129
Location
wa
Going back twenty years I've been blown out of auctions. Dead run to no where.
 

twangbang

Active Member
Joined
May 28, 2012
Messages
42
Reaction score
19
Location
PA
Supply and demand. On the supply side - supply on vintage gear has been dwindling on vintage gear for a long time. Some stuff has shipped out of the US into very different markets, and there's shrinkage from stuff being parted out or destroyed from various causes. On the demand side - millions of people stuck at home for a couple of years without much to do and, for some, free money from the printing presses, increasing discretionary funds available - has stoked demand. Add to this the 'pull' effect of general inflation on the prices of new goods.

But also ... "Askin' ain't gettin'". Same stuff going on in the vintage guitar world, only worse. I see overpriced stuff on ebay, reverb.com, craigslist, and so on, sit for years with no takers.

I think a lot of this stuff will stop at the sign of a serious recession, or perhaps other economic/lifestyle/cultural changes. Prices for vintage musical instruments crashed pretty hard in about 2008-2009 or so. Such as, on some of the most most serious vintage stuff, cut in half. Prices have crept back up to 2006-2007 bubble levels on vintage gear. I will personally not buy anything vintage at those type of insane prices. Of course, there are still deals to be had, but you have to look harder and be more willing to wait for the right one.
 

drumtek

Well-Known Member
Joined
Jun 17, 2009
Messages
463
Reaction score
103
Quite simple economics: offer and demand. Over the last 2-3 years, there were a lot of people with lots of ''hobby-money'' with pretty much nothing to spend on, except, online material. Prices went up on everything, from drum gear to real estate. Now that people go back to - what I think - is a more ''normal'' life, they'll start spending on other activities - as they used to. Add to this the recession we're just starting to see the tip of, and I wouldn't be surprised to see prices stagnate and then go down a bit. People will be more strapped for money and luxury - vintage hoops or what have you - will be the first thing they'll cut spending on. They'll always need a roof and food.

I've always seen eBay and Reverb as go-to for the really picky stuff. The good deals? Nothing beats local.

My humble opinion, that is.
The blessing and curse of eBay. It made the world smaller and rare items more accessible. Unfortunately, we pay the price by inflated costs for such conveniences.
 
Top