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Better buy now because the worst is yet to come. Conversely, if you can wait to sell, then do so. Buy now... sell later.
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One thing is certain - The supply is limited so whatever you think you might need in the future, better get it today... (As if I needed an excuse).
(Will the next post be about GAS perchance?)
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Prices might be starting to come back up.
But if you're looking at eBay, remember that asking price is not necessarily selling price. The Advanced Search function for closed auctions is very useful here. Take a look at the many eBay Buy-It-Now auctions (the increased incidence of BIN resulted from the new fee structure for auctions). Notice how many are going unsold at the silly-season prices. Too, the rough economy has probably caused sellers who weren't allowing foreign bids to ease up on their prior restrictions. Many foreign closing bids ultimately fall through and the same items are relisted.
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Limited supply for run of the mill MF film bodies and common length lenses? Horsefeathers! Pro wedding photographers dumped their gear en masse on eBay to go with 35mm DSLRs several years ago. There's been such a glut ever since that amateurs couldn't possibly exhaust all that rolling stock for the next 50 years. Maybe there's a been a run on a few of the choice and rare ultrawide lenses that get repurposed for digitally stitched panos-- there being a somewhat limited supply only until Canon (or Zeiss) brings out a decent non-distorting ultrawide prime. Or until Pentax launches the 645D and reintros their 35mm SMC-FA for similar or even less money than folks are presently hoarding used ones (sight unseen and without warranty).
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When they stop making something the supply becomes limited.
Large numbers perhaps but there won't be any new ones.
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