Hi Milke
Our CV and ZM 2nd hand prices are indeed holding up well, tracking the new prices. People in the trade say it is the M9 effect, more lenses are needed as Leica captures a bigger % of the market, twice of 0% is still not large, but it (M9) is sucking up all the lenses as well. Think the wides are hardest hit i.e. most in demand.
This is bleeding over to older LTM lenses and Canon Ps, to my great annoyance.
In the UK we also have the problem that lots of our dealers are
WWW.dealer and there is not a customs barrier with the rest of Europe (in the CM) so people are buying UK kit with euros.
You spotted I was not blaming the current incumbent as well, - thanks. He will/should be easy to judge by the size of the debt before and after, 100k $ per capitia is not large provided it is decreasing, debts need to be repayed.
Sometime is is hard being a cynic.
Noel