A Thought About Pound /dollar

[Daryl]

Hi all

Just a thought! just bought a tune on ebay fron the States & Pay pal exchange rate was 1.45 so in the end i paid a little bit more than i realized.I suppose when on an Auction its your own fault.

But there are a lot of set sales on here & else where & are priced in dollars.Alot off them get a guide price fron Manships & other guides which are in pounds so if the guide said £100 then af a few months ago when the doller was say

2 to the pound = $200

1.75 = $175

1.5 =$150

so in theory they should drop to the exchange rate when selling to the Uk?(& rise if it goes up)

Any thoughts.

Daryl

[Guest KEN-SOUL]

i have always been amazed... always been dancer...

[Dave Abbott]

Hi all

Just a thought! just bought a tune on ebay fron the States & Pay pal exchange rate was 1.45 so in the end i paid a little bit more than i realized.I suppose when on an Auction its your own fault.

But there are a lot of set sales on here & else where & are priced in dollars.Alot off them get a guide price fron Manships & other guides which are in pounds so if the guide said £100 then af a few months ago when the doller was say

2 to the pound = $200

1.75 = $175

1.5 =$150

so in theory they should drop to the exchange rate when selling to the Uk?(& rise if it goes up)

Any thoughts.

Daryl

well in theory they should know the book is priced in pounds, look at the exchange rate and price accordingly. likewise if i want a record that i think is worth £100, earlier this year i would pay $200, now its no more than $150.

what will be difficult, (ok, not as easy without working things out) in the future is looking back on past prices e.g. popsike; and knowing what the exchange rate was at the time. i had this same problem today - i was looknig at an item that sold last year on popsike for loads more $ than one last month...

It will cock up all the calculations in the fututre I tell ya!

[Julianb]

Looking at some of the $ prices being paid recently either;-

1. The UK buyers do not realise the £/$ exchange rate !!!!

or

2. The Yanks are buying them !!!

[Guest JJMMWGDuPree]

I keep all my don't-pay-more-than notes in pounds no matter what currency I first see them in, which means of late there's even been records in euros that I've not even bothered bidding on. If someone in the States has used a Brit price guide and the current rate of exchange then that's the price they want for it, if a Bush gets in the White House and the value of the dollar falls then we get a bargain, but the seller still gets what they asked for in dollars, likewise when an Obama gets into the White House and the dollar goes up in value we lose out, but the seller's under no obligation to bring their price down. They still want what they wanted.

$$.