Quote:
Originally Posted by Khaos4k
Heh, I went on to Stubhub to see if I could have got my Florence + the Machine tickets for cheap. There was two sellers selling for $500 and $1000 for a $35 general admission ticket. Now I'm looking to sell since I would feel like I was throwing money away if I didn't. I'm having trouble getting a gauge for market value though. Plenty of people saying they're willing to pay $50-$100 for tickets on Craigslist and Kijiji, but virtually no tickets available. Will I be better off setting the price high and waiting? Or making it somewhat reasonable now?
I obviously don't have the expertise that OP has, but I would recommend looking at the past tickets that have sold (start doing a fake listing to get this information, just don't confirm the listing). This is more valuable than the actual tickets listed IMO. Sometimes the seller listing on stubhub is not expecting to actually sell the tickets there at that price. They just sort of threw them up at a really high price to see if someone would snap buy them, but has a backup plan for selling the ticket. As I really doubt any 35$ GA ticket will go for 500$. It's not impossible, just really really unlikely.
Also generally speaking I find concert tickets drop in price as the concert gets close (everyone trying to get rid of tickets), but this may not be the case if there is not very many sellers.
Ebay is also a decent place to get a rough gauge of the market price for the tickets. Of course looking at completed listings as well as whats listed.