Archived posting to the Leica Users Group, 1999/06/17
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Prices may be manipulated at eBay but I do not think that Jimmy Tong would be foolish enough to have bid over $3000 (with the possibility of getting stuck with having to purchase) if the item had not been worth at least that amount to them. Two-bit dealers may play that game but Jimmy is an established trader. Don't forget that often dealers bid because they already have a customer for the item at auction. Joseph - ----- Original Message ----- From: Andrew S Jordan <andrewsjordan@worldnet.att.net> To: <leica-users@mejac.palo-alto.ca.us> Sent: Thursday, June 17, 1999 12:28 PM Subject: RE: [Leica]Manipulating the price on eBay(was Weird price on eBay for 50/1.4) > > > > > Someone got suckered into outbidding a dealer who was raising the price > > beyond its fair market value. Note the times of the bids. The winning > > bidder had a reserve price that exceeded that of the dealer who bumped up > > the price. You have to watch how you bid on eBay, or you will get burned > > badly. > > > > > > > > > > _ > > [o] -GH > Geeorge: Playing outbidding games at auctions must have been going on fot > centuries. Is it possible that a "seller" and "dealer" work in tandem to > sell for an outrageous price to a "buyer" caught up in the collector frenzy? > > regards, Andrew Jordan(who never played on eBay but wishes to have bought > their stock at IPO time) > > >