Capitalism on Ebay?

KK

Lifer
Jan 2, 2001
15,903
4
81
Here's two links.


Before
After

This guy has a pretty good gig going on. And who the hell pays that much for a screwdriver.
 

Doboji

Diamond Member
May 18, 2001
7,912
0
76
I suppose it's all about knowing enough to see the diamond in the trash heap.
 

Amused

Elite Member
Apr 14, 2001
57,286
19,271
146
Yep. The first seller didn't know what he had, and didn't list it properly.

This happens with antiques all the time. That's why a great many valuable antiques are often found at yard sales for a tiny fraction of what they are worth.
 

Papagayo

Platinum Member
Jul 28, 2003
2,303
24
81
Originally posted by: KK
Here's two links.


Before
After

This guy has a pretty good gig going on. And who the hell pays that much for a screwdriver.



They are antiques..

That's why they are expensive..
 

rh71

No Lifer
Aug 28, 2001
52,844
1,049
126
who sets how much they are worth ? Antique stores ? Traders ?
 

CrazyDe1

Diamond Member
Dec 18, 2001
3,089
0
0
I used to make tons of money by buying items that were popular on ebay for cheap, then listing with a fixed price and waiting for some idiot to buy it.

In fact, if I had nothing to do but watch ebay all day I could probably pull 3-4k just buying items off ebay and reselling them. In many instances I wouldn't even have to see the merchandise...
 

RaDragon

Diamond Member
May 23, 2000
4,123
1
71
Wow. Just proves to show that there are more informed buyers than knowledgeable sellers.
 
May 31, 2001
15,326
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A friend's sister buys antiques at local stores, garage sales, et cetera, then sells them via eBay. She bought a set of three fountain pens and a holder, and was able to recoup the cost of the entire purchase by selling one pen by itself. I believe she sold the other pen and the holder too, then kept the third pen.
 

shuan24

Platinum Member
Jul 17, 2003
2,558
0
0
this lesson isn't any different from what we've all learned as kids.....trading a michael jordan rookie card for 2 cookies and a pack of gum! lol. I'd say it happens all the time.