Subject:
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Strange e-bay auction
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 21 Dec 2000 07:56:06 GMT
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Viewed:
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504 times
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I can't make out what is going on with this "auction":
http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=530040866
On the surface, there is 1 Silver Champion being auctioned. The item title
suggests this is a "But it now" auction, and the text appears to suggest
that there are multiple items and the seller will try to collect the money
from *all* bidders using paypal at a fixed price of $124.99 but the current
bid price is $127.49. The seller also has two other auctions of Silver
Champions with different payment arrangements.
Kerry
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Message has 3 Replies:
 | | Re: Strange e-bay auction
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| It looks like the seller is trying to avoid the listing & final value fees for multiple items. To list something at a starting price of $124.99 is $2.00, with a final value fee of $3.75. That's $5.75 per item that goes to eBay, so s/he is saving (...) (24 years ago, 21-Dec-00, to lugnet.market.theory)
| | | Re: Strange e-bay auction
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| (...) He's selling sets he hasn't yet bought from Walmart.com and having them shipped (by Walmart) to the buyer's address - that's why he's not waiting for the auction to end. He's afraid that the Walmart stock will run out. He's also avoiding the (...) (24 years ago, 21-Dec-00, to lugnet.market.theory)
| | | Re: Strange e-bay auction
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| (...) Interestingly enough this auction has now been closed... the seller even added a comment stating that it was closing so a proper dutch auction could be opened. Here is the quote from the auction: --> On Dec-21-00 at 14:19:47 PST, seller added (...) (24 years ago, 22-Dec-00, to lugnet.market.theory)
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