Could you explain that, Edward? A "functioning market" would seem to be one where items are bought and sold - that market certainly exists for photographic gear. Having recently sold an item for $4500 (a consignment, not my item, alas), I dare say that there is money being spent on 15-20 year old equipment.
If it's all "junk", then does that apply to the antiques market as well? Grandmother's Rookwood vase is "junk"? Then why are people paying thousands for Rookwood (and other) pottery pieces? Are they all lunatics?
I think you totally misread the buy-sell situation. So long as "A" has an item that "B" and "C" both want, there's a viable market and the item is not junk - at least to "B" and "C".
-Bill On May 25, 2007, at 11:15 AM, Edward C. Zimmermann wrote:
You are assuming that there is a functioning market for photographic gear.There is none. Its all effectively "junk".
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