p.2 #1 · Canon 500mm IS ver -1 (still rocket high?)
It's a good thing that the only practical things Canon could improve on this lens were weight and IS. Only if it were also scratch and dent proof would I upgrade.
p.2 #2 · Canon 500mm IS ver -1 (still rocket high?)
600mm IS II will have more market than 500mm IS II IMO
500mm IS Mark -1 will have slight drop after an year or so
600mm IS Mark -1 will suffer the most after 600mm IS II ... Reason is clear handhold new beast
I should wait a bit and see the game then will decide.. haha
p.2 #4 · Canon 500mm IS ver -1 (still rocket high?)
munzir.khan wrote: 600mm IS II will have more market than 500mm IS II IMO
500mm IS Mark -1 will have slight drop after an year or so
600mm IS Mark -1 will suffer the most after 600mm IS II ... Reason is clear handhold new beast
Munzir, I do agree with you partially: 600 II would capture more of a wildlife photography market than 500 II if both lenses were priced similarly. Unfortunately, they are not.
Similarly, 500 II is positioning itself in the usage zone of relatively easy handholding.
600 II is still going to be a rather heavy and very long lens, generally handholdable in moderation only.
p.2 #5 · Canon 500mm IS ver -1 (still rocket high?)
munzir.khan wrote:
500mm IS Mark -1 will have slight drop after an year or so
Buyers will hope so...but I doubt that will happen, unless the price of the MkIIs drop in a year. And I doubt that will happen, unless the dollar gets significantly stronger against the Yen. If the dollar drops, then I could see both prices going UP. And people will still pay to play.
p.2 #6 · Canon 500mm IS ver -1 (still rocket high?)
PetKal:
When I compared the 600 II to the 500 I, I was surprised to see that the 600 II is the same weight as the 500 I. The MFD of the 600 II is the same as the 500 I and the 600 II is 2" longer than the 500 I.
I think the prices for used 500 I's will go up slightly and hold their value for the rest of the year. If the supply of the 500 II's remains low, the 500 I may hold it value for more than a year after the release of the mk II.
p.2 #8 · Canon 500mm IS ver -1 (still rocket high?)
mogud wrote:
PetKal:
When I compared the 600 II to the 500 I, I was surprised to see that the 600 II is the same weight as the 500 I. The MFD of the 600 II is the same as the 500 I and the 600 II is 2" longer than the 500 I.
I think the prices for used 500 I's will go up slightly and hold their value for the rest of the year. If the supply of the 500 II's remains low, the 500 I may hold it value for more than a year after the release of the mk II.
p.2 #9 · Canon 500mm IS ver -1 (still rocket high?)
munzir.khan wrote:
Didn't I say the same thing
With all due respect, you requested opinions on the selling price of the 500 Mk I after the release of the Mk II and I provided my opinion. I believe that the 500 Mk I selling price will be at least consistent with the current asking price and increase if the supply of the 500 Mk II is low and remains low.
p.2 #12 · Canon 500mm IS ver -1 (still rocket high?)
dennisgibson wrote:
There was a used one at BH last week, I think it was a 9 or 9+ for I think $5200. I probably should've snagged it. Keep your eye on their used section.
I think it is extremely unlikely B&H would ask less than $6,000 today for a 500 f4 unless the lens was really beat up.
As a reference point, they`ve just listed a (9+) 300 f2.8 IS MkI for $5k.
Another major retailer`s example: only yesterday KEH had a (LN) 500 f4 for $6,800, and today it is gone.
p.2 #13 · Canon 500mm IS ver -1 (still rocket high?)
no different than guys on here selling the 1DsmkIII for ludicrous prices when just a few mos ago you could get one in the $3500 range now and then. You can call it supply in demand, I call it something else.....
Feb 24, 2012 at 10:54 PM
Lars Johnsson Offline • • • • • • • Upload & Sell: Off
p.2 #14 · Canon 500mm IS ver -1 (still rocket high?)
Robert Carr wrote:
no different than guys on here selling the 1DsmkIII for ludicrous prices when just a few mos ago you could get one in the $3500 range now and then. You can call it supply in demand, I call it something else.....
Why would anybody sell their 1Ds3 or 500 IS lens for a much lower price than the going rate
p.2 #15 · Canon 500mm IS ver -1 (still rocket high?)
Robert Carr wrote:
no different than guys on here selling the 1DsmkIII for ludicrous prices when just a few mos ago you could get one in the $3500 range now and then. You can call it supply in demand, I call it something else.....
Lars Johnsson wrote:
Why would anybody sell their 1Ds3 or 500 IS lens for a much lower price than the going rate
p.2 #16 · Canon 500mm IS ver -1 (still rocket high?)
Lars Johnsson wrote:
Why would anybody sell their 1Ds3 or 500 IS lens for a much lower price than the going rate
I agree, Lars.
That said, though, I was surprised to see a three year old 1Ds3 listed here for $7k the other day, when it's also listed at B&H, brand new, for $7k. I guess there's no harm is trying....
p.2 #17 · Canon 500mm IS ver -1 (still rocket high?)
If I may offer a view as to why the Mk1 are holding value / going up, based on personal experience....
I am in the market for a supertele, and was holding off for the mk2 range - to see what they could do. The word from a very good firen d of mine who has used a couple of them extensively is tha tthey are night and day better than the old versions....
So I start to look at a mk2 to purchase. Even removing the short supply, the price is a huge consideration. Take the 500 f4. I mean, I am fortunate to have the money to buy a mk2, but have always focussed on value for money. Value for monmey for me is the equation of usage versus outlay versus lifespan versus other potential purchase that year. At £5000, value for money is acceptable, but at £8500, my value for money equation goes wrong.
So I start to look at the mk1 lenses to see if they fit the equation. They do, as they fall into the £4500 category. So I start to see if I can pick up a good copy....and unfortunately, it looks like many many people are doing the same...so the price goes up....a normally £4500 priced lens now sells for £6000.....and for a secocnd hand lens, the whole value for money equation goes wrong again...
And the whole process starts again - we start to look at other options, maybe a 300 f2.8 with a converter....£6000 for the mk2, but then we get the issue of why am I paying £6000 for a lens I will always be using a converter on....so I go to look yet again at the second hand market...maybe a good 500 f4 will be available....
You see what I am getting at....we as purchasers are driving the market at the moment. This doesn't even include the parameters of the Olympics and the natural disasters which are having a huge impac ton supply of the mk2 lenses.
Maybe, in a year's time when supplky is back to normal levels, the prices of the new will drop by £1000 or so, which in turn will drop the price of the mk1.
p.2 #18 · Canon 500mm IS ver -1 (still rocket high?)
I wanted so sell my 500 mk1, because I bought a 400/2.8II last month.
someone called me and bagged me if he could please, please might buy that lens.
what would you guys do in that case.
I think the price will never go down, as long the new price will be that high.
p.2 #19 · Canon 500mm IS ver -1 (still rocket high?)
What would I do? If I didn't use the lens anymore I'd sell it. And if it's in very good shape I'd ask nearly my original purchase price.
I don't think the used Mark I prices will drop either, not with that new retail price of the Mark II.
I don't know if most of you guys have plenty of disposable money, or if you earn plenty of money with your photo gear. I earn a little money part time with my gear but I don't have plenty of extra cash.
I was in the market for a 500 f4 but Canon has nearly priced me out of it. I currently have a 300 f2.8 IS, 1.4x and 2X. If I sold that gear I'd still have to come up with about $6000 more. Incredible.
At this point I'm waiting to see what Canon does with the new sensor they put into the G1X. If they start to produce new Superzoom models with that sensor and they turn out to be reasonably responsive cameras, I'm done with Canon's super expensive DSLR gear. I'll keep a body and a faster lens or two for low light, but that would be about it. I think they've priced me out of it.
p.2 #20 · Canon 500mm IS ver -1 (still rocket high?)
BluesWest wrote:
Used ones, in good to excellent condition, come up for sale almost weekly on eBay, and generally sell for between US$5,500 and US$6,000. Occasionally I see one sell on eBay in the high US$6K range, but that is rare. So, if you really want one at a reasonable price, eBay is worth a try.
