Why in the world is this?

[Noodle565]

Alright, so i recently picked up a spec. ks australium wrench, and i though it would be a little more than a normal one, in price. I was wrong, and somehow, the spec. ks wrench sells for less??? I could easily take off the spec. ks, but im just wondering why?

 

Normal : https://backpack.tf/stats/Strange/Australium Wrench/Tradable/Craftable

Spec. ks: https://backpack.tf/stats/Strange/Australium Specialized Killstreak Wrench/Tradable/Craftable

It shouldnt decrease the price right?

 

[T H I C C as fuck Boi]

It's basing it's price off steam market, spec ks will always be worth somewhat more. Just obviously there's cheaper sellers for the spec version for whatever reason. KS versions aren't accurate price wise c: 

[3.50]

2 hours ago, T H I C C as fuck Boi said:

It's basing it's price off steam market, spec ks will always be worth somewhat more. Just obviously there's cheaper sellers for the spec version for whatever reason. KS versions aren't accurate price wise c: 

Actually, normal can easily be worth more, as preposterous as that sounds....It's a combination of a few factors that can make that the case.

 

First of all, a spec. KS is kind of underwhelming to a lot of people, so demand for spec. weapons isn't high.  This is particularly noticeable on a weapon which has a very high base value.  So no one really goes looking for a Spec. Aussie Wrench.  As a result of that, demand for them is lower than for non-KS Aussie wrenches.  Lots of people buy a non-KS wrench without ever checking to see if the spec. KS version is cheaper, because it logically wouldn't be. 

 

Result: Demand is lower for spec. wrenches, and that can lead to impatient sellers undercutting, and fewer buyers outbidding each other. 

 

Secondly, Aussies are also used as currency, to a certain extent.  The more KS and parts are added on to it, the farther it's pushed from being a currency item, and towards being an item valued for itself.  So anyone looking for an Aussie Wrench to use as currency will probably not think to check the KS versions. 

 

Result: Again, lower demand for the spec. version.  Sellers are even more impatient, and buyers are even less common. 

 

Anyone who trades will place a higher value on an item if it is likely to sell faster.  They'll be willing to accept lower margins, and will be more likely to deal with the item in the first place, if they believe they can sell it quickly. 

 

Now, the one thing that you wouldn't expect to see very often is a seller of a spec. wrench selling for lower than a buyer of a non-KS one.  That would likely only result from an unaware seller, or else buyers not actually paying their listed prices.  (There's one instance of this in the classifieds as of right now, by several ref.)  That scenario should correct itself when it does pop up, because it's basically free profit.

 

Summary: Specialized killstreak adds less value than one might think, while significantly reducing the item's velocity.  Lower velocity makes an item less attractive.  Less attractive means less valuable.  Completely plausible for the spec. version to be worth less.

[Vrakos Anthrakir]

essentially, people are stupid since you can just wipe the specks off the wrench

[Lucif3r]

9 hours ago, 3.50 said:

Actually, normal can easily be worth more, as preposterous as that sounds....It's a combination of a few factors that can make that the case.

 

First of all, a spec. KS is kind of underwhelming to a lot of people, so demand for spec. weapons isn't high.  This is particularly noticeable on a weapon which has a very high base value.  So no one really goes looking for a Spec. Aussie Wrench.  As a result of that, demand for them is lower than for non-KS Aussie wrenches.  Lots of people buy a non-KS wrench without ever checking to see if the spec. KS version is cheaper, because it logically wouldn't be. 

 

Result: Demand is lower for spec. wrenches, and that can lead to impatient sellers undercutting, and fewer buyers outbidding each other. 

 

Secondly, Aussies are also used as currency, to a certain extent.  The more KS and parts are added on to it, the farther it's pushed from being a currency item, and towards being an item valued for itself.  So anyone looking for an Aussie Wrench to use as currency will probably not think to check the KS versions. 

 

Result: Again, lower demand for the spec. version.  Sellers are even more impatient, and buyers are even less common. 

 

Anyone who trades will place a higher value on an item if it is likely to sell faster.  They'll be willing to accept lower margins, and will be more likely to deal with the item in the first place, if they believe they can sell it quickly. 

 

Now, the one thing that you wouldn't expect to see very often is a seller of a spec. wrench selling for lower than a buyer of a non-KS one.  That would likely only result from an unaware seller, or else buyers not actually paying their listed prices.  (There's one instance of this in the classifieds as of right now, by several ref.)  That scenario should correct itself when it does pop up, because it's basically free profit.

 

Summary: Specialized killstreak adds less value than one might think, while significantly reducing the item's velocity.  Lower velocity makes an item less attractive.  Less attractive means less valuable.  Completely plausible for the spec. version to be worth less.

Did not even read that but just because it's huge af I'll assume it is correct and give you your LIKE.

[ksolis01]

On 1/6/2018 at 7:18 AM, Lucif3r said:

Did not even read that but just because it's huge af I'll assume it is correct and give you your LIKE.

TLDR: Most people, since they are getting such an expensive item, want to go all out. So either they buy one with professional killstreak or one without to apply a pro kit, not bothering to check the specialized market since intuition says it should be cheaper to get one without anything than one with specialized and remove it to apply the pro kit. Specialized market gets less demand as a result. Then, it just becomes a supply/demand thing that the stuff with higher demand gets a higher price.