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Subject: 
Re: FA(eBay): blue hoppers
Newsgroups: 
lugnet.market.auction, lugnet.market.theory
Date: 
Tue, 12 Oct 1999 12:00:52 GMT
Viewed: 
523 times
  
- claiming that something is scarce/rare when in fact it is not, and
selling it for well over what anyone who wants it can get it for. (what
the McD sellers are doing)

- making a planned large purchase of something that is indeed scarce and
then selling it for what the market will bear. (what I am doing)

Where a finite supply of the set exists. Buying a considerable proportion of
that item makes them rarer, and therefore forces the price up. So buy making
a the "large purchase" the market value of the item is increased.

I suppose the word "monopoly" comes to mind. But lets face it, this happens
every single day in the "real" world and we all accept it. So why is it so
different here with Lego? I think a good deal of the people moaning about
this situation would never have called the wonderful people at Busy Bee,
even if they did know the blue hoppers were in stock.

My only reservation about all this is the starting price. I'd feel a lot
better if they started at, or below, the BB price -then the market really
could decide the price. However, setting the starting price is the sellers
privilege.

BTW : I ordered my blue hopper on Saturday (BB). I should get it tomorrow or
Thursday.  I'll let you know if it's worth all this fuss... but I doubt it

Scott A

Dr S. Arthur
Edinburgh, Scotland.

<http://www.freeyellow.com/members8/scottarthur/lego.htm>



Message has 1 Reply:
  Re: FA(eBay): blue hoppers
 
(...) Right. I set the starting price where I do because that's the minimum I'll take to walk up buyers. If they go unbid, they go unbid, so the market still has a chance to speak to me (and further, I get punished because I have to pay the listing (...) (25 years ago, 12-Oct-99, to lugnet.market.auction, lugnet.market.theory)

Message is in Reply To:
  Re: FA(eBay): blue hoppers
 
(...) Let's take this up in theory but I feel there is a significant difference in kind, not just degree, between: - claiming that something is scarce/rare when in fact it is not, and selling it for well over what anyone who wants it can get it for. (...) (25 years ago, 11-Oct-99, to lugnet.market.auction, lugnet.market.theory)

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