Please list the "known formulas for depreciation in the hobby" which you've alluded to in this post. Myself as well as I'm sure countless others don't know them but would appreciate having them not only to help evaluate purchases but also to "value" our collections when inventorying our trains.
Thank you.
KennOriginally Posted by Between A&B:
First, please clarify your use of terminology: "Do you distinguish between 'retail & list price?" (No father paid list price for a toy train 60 yrs ago, so why would anyone today?)
Second, there are known formulas for depreciation in the hobby, (be it PW or modern circuit board dependent off shore production).
Third, there are always exceptions (often expressly planned by marketing, which are intended for buzz and to encourage preordering).
And finally, supply vs demand anyone? (In the price of gold, a piece of sovereign debt, a share of GOOG, a pound of mutton, or some beguiling toy train in the eye of a beholder.) 
