[CR] Re: huckstering vs. ebay#3

(Example: Component Manufacturers)

Date: Mon, 04 Dec 2000 21:40:58 -0500
From: "Roy H. Drinkwater" <roydrink@mac.com>
To: classic list <Classicrendezvous@bikelist.org>
In-Reply-To: <B647D452.10A1%roydrink@mac.com>
Subject: [CR] Re: huckstering vs. ebay#3

on 11/27/00 9:05, Roy H. Drinkwater wrote:
> Here's an example (no connection to or knowledge of vendor) of my point
> that ebay is fairer than just listing:
>
> http://ebay.com/<blah>
>
> A NOS TA handlebar bag with stem rack. Haven't seen this in a long time,
> don't have a prime French tourer to put it on. I have a feeling that there's
> going to be a lot of interest in it and it's going to go for a high price

Auction Results:

The Auction Started on Sunday the 26th, got 1 bid for $25 on the 27th, and then stayed there until Sunday the 3rd. With two hours to go, the first bidder increased by 65%, 1/2 Hour to go, the bids start coming in, first a small increase, than a very large bid (the winner). Then with 10 minutes left, another bidder starts in jumping up the bids, than with 5 seconds left a sniper bids, but the very large bid wins at $95.49...
> Maybe I would
> have paid 2x, 3x or 4x the price "qbikes" listed and then sold it for.
>
> So by posting on ebay, I have a chance to get that rare item, and the
> seller gets to make more.

Well it went for nearly four times what "qbikes" started at, and even if he had put it on the list for $75, he made nearly 20 bucks more. If I had really, really wanted it, I would have put up a very large bid too. The ibob list is discussing the "Buy it now" feature, I haven't an opinion on that yet!

Roy H. Drinkwater
Lititz, PA