I do not agree that the price something sells for is always the "fair" price. Here in California, there is a price gouging law that limits increases to 10% during an emergency, whether it is gasoline, food, water, etc. Many ukuleles have an MSRP as a guide (that is only shown if their sell price is less, though) and that should be a good starting point. I really dislike huge increases that I have seen for certain ukes. Best example is a silver anniversary KoAloha that was/is listed for over $2,000 more than list price and over what other reputable sellers were asking. Yes, it is a limited run and yes, they are now hard to find. But naive buyers are completely unaware that the price is crazy high. That, too me, is not a "fair" price even if someone buys it.
"Let the buyer beware" and "Caveat emptor" are not compatible with "Fair".
"Let the buyer beware" and "Caveat emptor" are not compatible with "Fair".
Last edited:
