I do not see new Randalls on ebay selling for below MSRP. Maybe the odd guy really hard up or someone trying to turn a fast buck maybe.

But truly new meat and potatoes models generally still are snapped up if offered at MSRP or slightly above. Buyers are more savvy as for the "why wait four years when you can have one now for only 20% higher price" sellers.

But they are not losing money in general. As for "limited collectible" models of new make, they are another story as prices are jacked to start, and you must know somebody who wants it even more, to move it. Think bad stocks or beanie babies.

Edit/late: a big problem is people buying them as speculators rather than knife lovers. Balloons pop. The "my S is lower than your S" means nothing to majority of buyers looking for the true sound purchase of a like-new very early Randall. The pushing of nitnoids such as button color or spacer count is one speculator talking to another in the speculation echo chamber, call it "promotion" if you will, but all about money and not about knives. Likewise all the latest greatest new wunderkind engraved encrusted knives at shows with a walrus penis for a handle. It has degraded to silliness among those with money to burn.