Sunday, March 16, 2014
Glass Economics, Part Two
A few months ago, as the news was coming out about additional Glass Explorer invites (and thus, expanded Glass supply), I posted (see Google Glass economics update) that my tracking of "After Market" Glass values on Ebay could be expected to plummet. Well...yes, indeed, used Glass prices on Ebay seem to have settled (for now) at an average that is somewhat below the $1500 "list price" Google still charges (see screenshot, above, for a sample of recently concluded Ebay auctions).
This outcome is to be expected, with "new" always commanding a premium over "used" in all but the most unusual of cases, with one of those exceptions potentially occurring when there is constrained product supply, with strong demand. Also, as far resale value, I would imagine a spate of negative Glass press recently has not helped, either!
Back when I joined the Explorer program, in August 2013, and in the following months, the after-market price on Ebay ranged from $3,000 to $5,000 (complete with caveat emptor warnings).