Steve & Tom,
I've noticed this as well. You'd think in a recession economy sellers would have more realistic expectations, but instead it seems to working in reverse.
Peter Naiman
Milwaukee, WI USA
From: Steve Birmingham <sbirmingham@mindspring.com> Subject: Re: [CR] New trend in E-Bay Auctions? Seller's wishful thinking? To: classicrendezvous@bikelist.org Date: Sunday, November 15, 2009, 12:59 PM
The guys on the baseball card message board call this the "Ebay buy it now museum" A constant display of nice stuff at prices nearly guaranteed to leave them unsold.
Steve Birmingham Lowell, Massachusetts USA
Date: Sun, 15 Nov 2009 06:54:51 -0500 From: Tom Sanders <tom@orderandchaos.com> Subject: [CR] New trend in E-Bay Auctions? Seller's wishful thinking?
I see a very nice Campagnolo tool kit offered on E-Bay Item # 200397050159. The Buy It Now is $7000 or Best Offer. Recently there have been some other extremely high prices accompanied by a best offer option in the sale. Are we seeing the new normal method of selling a high priced item? I wonder if this makes good sense or not, and to whom? It sure makes for some interesting reading on my monitor! I wonder what the longer term implications are for nice vintage bikes if this gains popularity? Will it be healthy for us as riders and collectors?
Tom Sanders
Lansing, MI USA