Reverb sold prices

That is absolutely insane! I didn’t realize that’s how they calculated the sold price. So when you go to list an item for sale and they give you a range that it’s been sold in, is that number accurate? Or is that range calculating listing prices?
 
ZEN Amps said:
The sold listing still shows the original asking price. Can anyone confirm if you see the same thing on a recent purchase or sale? I wonder if it's consistent across all variables like category, new/used, price range, US or international etc.
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I just checked a speaker I sold a few months ago, a 1992 Marshall Vintage, and it shows the asking price too, not what it sold for.
 
7704A said:
I just checked a speaker I sold a few months ago, a 1992 Marshall Vintage, and it shows the asking price too, not what it sold for.
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Ok cool, thanks. What a dumb system.

m_mullett said:
That is absolutely insane! I didn’t realize that’s how they calculated the sold price. So when you go to list an item for sale and they give you a range that it’s been sold in, is that number accurate? Or is that range calculating listing prices?
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No idea about the ranges, and still not sure about that transaction history page. I think that's useful for finding a popular/very common product that has a lot of sales. On rarer or older things, I don't think you get any useful info other there, so the individual item page comes into play... which may or may not show a price significantly more than the sell price.

I think it's getting under my skin because I'm seeing "it sells for $x on Reverb" on increasingly more items outside of Reverb that are way overpriced. Yeah I know it's the sellers item, and they can ask what they want - but I don't think their perception being skewed by this issue is at all helpful in the long run.
 
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