I am not afraid to state the obvious. Any fountain pen is worth exactly what someone is willing to pay. Thus, an exquisite pen with a $10K price tag on it is worth zero unless it finds a bona fide buyer. Its owner may cite equivalent pens which fetched this or that price. But in the absence of a buyer, the price remains $0.
So who are fountain pen buyers? Beginners, amateurs, semi-pros, and pros. All of them have different tastes and different motives for buying. Pros may look down on beginners at times, but when offered that $10K check, what pro would refuse to sell?
Obviously, the market will continually sort things out. Each of us probably has a favorite pen which the market undervalues, while "less deserving" pens fetch a higher price. Amateurs like me can merely shrug and say, "Such is life." Semi-pro and professional pen collectors must educate people like me, suffer our fickle tastes, and hope for the best with grudging grace. I salute the knowledgeable people who share their insights here. It improves the network all around.
Edited by TwelveDrawings, 26 August 2013 - 07:33.