crazy prices on the bay - again....

If someone is willing to pay $50 for that particular razor, then $50 is that razor's
market value. Nothing quite determines and item's value like and auction.

Click to expand...

Uh, not quite. A perfectly efficient market assumes perfect information sets on both the buyer and seller's part. A good market assumes good information sets. When newbies have basically NO information set, and bid anyway, you do not have anything approaching an efficient market.

There are broader implications to our current economy as a whole....but we'll stay focused on razors.

Now, I'm off to look for that 20$ user-grade 59 Fatboy that is just BEGGING to be replated....

Ebay is a weird place. We've had items listed and no one bids one week and the next week you'll get 2 people who really want the item and have a bid off. Just the luck of the draw.