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Why Is Hi-Fi Gear So Darn Expensive?!

Spkrdctr

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Pant... pant... Ima breathless just reading this...lol. :D That actually looks pretty good compared to the black and gray plastic units that I've handled. :D
I was shocked too. I never saw a Yorx unit that looked that good. They were always crappy plastic and everything engineered to the lowest tech to get it out the door. I wonder when they went bust?
 

Gorgonzola

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There does seem to be a question around reliability, longevity and arranging in-warranty repairs (see Topping PA5 thread). I hope they {Chinese makers} can iron these things over time.
That's very true. So far the Chinese makers a have dodged the costs & issues of foreign distribution and support networks.
 

Gorgonzola

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What does Vermeer have to do with this?
Seriously? Need you ask? We're talking about seriously expensive things. After the Mona Lisa, Johannes Vermeer's painting, The Girl with a Pearl Erring, is possibly the most valuable painting in the world.

540px-1665_Girl_with_a_Pearl_Earring.jpg
 

Vacceo

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Seriously? Need you ask? We're talking about seriously expensive things. After the Mona Lisa, Johannes Vermeer's painting, The Girl with a Pearl Erring, is possibly the most valuable painting in the world.

540px-1665_Girl_with_a_Pearl_Earring.jpg
The value of any of those historical treasures is only relative to insurance. They have no value as there is no market for such paints.

Good luck convincing the Reina Sofía Museum about buying Picasso´s Guernica or the Rijksmuseum for Rembrandt´s The Night Watch.
 

Rednaxela

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Ah, Ok. Thanks @Gorgonzola.

Maybe it’s because I don’t know any better, but I have never wondered why a unique masterpiece like this painting has to be as expensive as it is.

Out of the millions of insanely expensive things in the world I would personally not pick this as the perfect illustration to go with the article.

But apparently this is different for TAS and their readers.
 

Vacceo

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Ah, Ok. Thanks @Gorgonzola.

Maybe it’s because I don’t know any better, but I have never wondered why a unique masterpiece like this painting has to be as expensive as it is.

Out of the millions of insanely expensive things in the world I would personally not pick this as the perfect illustration to go with the article.

But apparently this is different for TAS and their readers.
In the immortal words of Indiana Jones: "that belongs in a museum".

The price is an estimate for insurance should it be lended to other museums for exhibition. In truth, like anything out of the market, it is priceless.
 

Gorgonzola

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The value of any of those historical treasures is only relative to insurance. They have no value as there is no market for such paints.

Good luck convincing the Reina Sofía Museum about buying Picasso´s Guernica or the Rijksmuseum for Rembrandt´s The Night Watch.
So alright: I'll admit I wasn't thinking of buying it myself.

Consider though that thinks can have huge value on the black market where insurance isn't available in any case. It's unsettling to think about what, say, drug lords will buy and trade to settle their accounts with each other.
 

Vacceo

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So alright: I'll admit I wasn't thinking of buying it myself.

Consider though that thinks can have huge value on the black market where insurance isn't available in any case. It's unsettling to think about what, say, drug lords will buy and trade to settle their accounts with each other.
That's why art is nifty for money laundering.
 

MakeMineVinyl

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This is about as deep as my art knowledge goes. :(

60151824ac92c32dd25766cc65e51293.jpg
 

phoenixdogfan

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The magnitude is lessened by not having a black light on it. :)
Every room in in my dorm was a gallery complete with the black light classic "zodiac positions" and multiple bongs to faclitate the art appreciation.
 

Puddingbuks

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Inflation has gone way out of hand.

Today I found some stuff from a hifi event last year. Includedd was a test of the Kii Audio Three speaker. Price in the review (OK, 9-2015) was 10.000 euros a pair. It’a now 15.750 euros. 10.000 was somewhat in reach, but 15.750 definitely is not.

Dutch & Dutch 8c, in summer 2019 - 9.950 euros a pair, now 11.950.

ATC same story, ridiculously expensive.

Neumann KH420:
 

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kongwee

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The market is not expanding and inflation push the price up. How many people seriously wanna setup an ideal stereo setup.
 

Mart68

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The market is not expanding and inflation push the price up. How many people seriously wanna setup an ideal stereo setup.
In the 1980s magazine editorials were always banging on about the 'hobby dying' and here we are almost 40 years later and there's still a hobby.

Back then the market was pretty much solely Western Europe and North America. Communism and universal poverty almost everywhere else. Not the case any more. I suspect China alone now has more enthusiasts than there were in the 1970s in the whole of Europe.

I don't see prices coming down, but give it a couple of years for the supply chain issues to get sorted and I suspect they will stabilise.
 
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