PDP 11/44

Richard legalize at xmission.com
Wed Mar 11 15:12:19 CDT 2009


In article <49B80F86.9070207 at update.uu.se>,
    Pontus <pontus at update.uu.se>  writes:

> Richard wrote:
> > In article <p06240825c5dd0c2a411d@[192.168.1.199]>,
> >     "Zane H. Healy" <healyzh at aracnet.com>  writes:
> >
> >   
> >> I think he wants way to much.  I paid $100 for mine about 11 years 
> >> ago, [...]
> >>     
> >
> > No offense, but I don't think a price from 11 years ago is relevant
> > anymore.
> >   
> No offense, but I'm getting one for free. Is that relevant?

Nope.  Not when it comes to determining what people are willing to pay
for a PDP-11.  I did some checking on ebay and machines much less
capable or vintage than an 11/44 were selling for more than $100.
Examples:

$475 PDP-11/73, item # 300295154117
$200 PDP-11/73, item # 250375935263
$105 PDP-11/05 boards and backplane, item # 230327891779
$99.99 PDP-11 header panel only, item # 230327888816

My understanding is that a PDP-11/44 is much less of a commodity item
than either of those machines.  Given that the plastic header panel
sold for what someone paid for an entire 11/44 11 years ago should
indicate what has been happening in this marketplace.

More search results: <http://tinyurl.com/d4a4h2>

> What it is worth is highly subjective.

Yes, but I don't think you can argue that a price from 11 years ago is
going to be even marginally relevant to prices today, even when
accounting for a temporary dip in prices because people are less
willing to buy now than they were last year.

What I've noticed on this list is that the people here have a tendency
to undervalue what other people are willing to pay for vintage computing
gear.  Whether that's because they are just too cheap to pay a higher
price or because they are living in a past-time when vintage computing
collecting wasn't popular (I paid $100 11 years ago) or whatever, I
don't know.  However, it has been consistent observation in my experience.

Deals can still be had, but they are not typical.  I've received some
stuff for free and other stuff I had to outbid other collectors in
order to get it.

The going market price for something is not a function of what someone
paid for that item 11 years ago; it is based on what people are
willing to pay now.  Almost certainly everything we collect becomes
more scarce over time; rarely does new supply become available.  More
people are interested in collecting vintage computers now than were
interested 11 years ago.  Supply has stayed the same and demand has
increased.  Its a simple economic proposition, really.
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