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Subject: 
Re: eBay Craziness
Newsgroups: 
lugnet.market.theory
Date: 
Thu, 23 Nov 2000 15:37:07 GMT
Viewed: 
853 times
  
In lugnet.market.theory, Roy Wood writes:
While we're discussing eBay, can someone explain to me why it is that
people are willing to pay retail or more (not even taking into account
shipping!) for Lego items that are currently available in-stores or even
on-line?  I just don't get it.  Are they just clueless, or caught up in
the "excitement" of the whole auction thing?

Any thoughts?

Perennial topic. Your guesses are indeed the accepted wisdom as to why, at
that level of analysis.

I used to try to do something about it, but I gave up. People don't know
what's available, and sellers take advantage of it. If they're too lazy to
check, you can argue its their own fault, I guess. Caveat Emptor.

Heck, it happened to me once.

But I don't like sellers that do it, and I try not to do (further?) business
with them if I can help it. I fully disclose the source of all my items in
my listings. For example:
http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=501974215

Any buyer who reads all the way to the end of the listing will learn where I
got that set. Yes, I am selling it for substantially (80% or so is where
they have ended up) more than I paid for it, but then, I actually have a
rare set that I went to some trouble/expense to obtain.

++Lar



Message has 1 Reply:
  Re: eBay Craziness
 
(...) I sold opened arctic sets a few weeks ago which did return more than I paid (although I did get them cheap). When I listed them, I thought they'd only go for pennies to a UK buyer (low shipping). However, it transpired that the sets I listed (...) (24 years ago, 23-Nov-00, to lugnet.market.theory)

Message is in Reply To:
  eBay Craziness
 
While we're discussing eBay, can someone explain to me why it is that people are willing to pay retail or more (not even taking into account shipping!) for Lego items that are currently available in-stores or even on-line? I just don't get it. Are (...) (24 years ago, 23-Nov-00, to lugnet.market.theory)

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