I really don't get it.....

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Gluecifer

Member (SA)
If theres one thing you can say that's consistent about prices on ebay it's that over time they're incredibly inconsistent.

When I run my ebay classes I always stress to people that what something sells for today has little implication to it's actual value in something like a collectors market. Ebay has it's own little micro-markets that fluctuate a ridiculous amount for most items deemed 'collectable'. Sure, there are genuine collectables with books about values and such (vintage cereal toys here are ALWAYS big money), but for our hobby that kind of thing isn't going to be feasible any time soon.

I always get a nice little buzz when I see a radio I picked up previously go for a lot more than I paid. But to be honest, that balances out with the one's I paid more for than what they may sell for right now. It's never something I take to heart however. Two people bidding on an item they both want does not make for any kind of consistent price you can value your own item at.

I think if you seriously wanted to work out with consistency the value of anything collectable on ebay you'd need to make up an averaging equation based on the sale price over at least a couple of years. Especially with some radios that only crop up a few times in that period.

I've seen it happen all too often on .au ebay that a radio sells for $300+ numerous times then one goes for $50. Classic example, the last National RX-5600 I saw on ebay.au went for well over $300 last time, in slightly above average condition. I score one last week for $64 in much better condition.

Trying to make head or tail of this kind of thing will drive you insane!!

But, that's just my observations, thought I'd add my 2¢.



Rock On.
 

Arkay

Member (SA)
That price is so high, I think it is most likely shill bidding, although you never know if two eager collectors (maybe one with nostalgia to regain the box he had years ago, and one who only needs that model to complete a whole series, or something like that...) set their eyes on the same box at the same time, what auction fever may bring, especially if it's a box that hasn't appeared for a long time, or which seldom appears. Sometimes people get carried away in bidding wars.

Personally, I wouldn't pay anywhere near that price for that box, even in perfect condition. Then again, I'm a cheapskate. :-D I wasn't going to post about prices here (I don't want to stir up jealousy), but the GF-9000 I bought yesterday cost me a whopping $25. The guy asked for forty bucks, I pointed out that it was dirty and had one damaged knob, and offered him the 25 bucks. He took it, deal done in about sixty seconds or so, with no shipping risks or hassles. Not everything is such a bargain, though; my previous purchase, an in-the-wild M90, was my second most expensive boombox purchase; I had to shell out about $80 for that one. It was an urgent rescue situation, though, the box was being used out-of-doors, and would have been chucked out for scrap recycling the minute it quit, which would have been soon.

I can understand that people in other places cannot find these deals, but there still ought to be some kind of balance to what a box is worth. Some of the eBay auctions, like the one in this instance, really do seem excessively high-priced. Then again, eBay extends to millions of potential buyers, which means it ought to dig out about the highest prices anyone is willing to pay, at least some of the time. Local sales, which can access only a tiny fraction of that number of potential buyers, should always be cheaper.

Anyone out there scavenging and finding and buying local bargains, who then takes the time to photograph, describe, list, pack and ship them via an eBay sale, should be entitled to a profit for their effort. The market laws of supply and demand should decide how much profit. But if it is manipulation, shill bidding, etc... that is driving things, then it isn't really fair. Value in a market is not always related to the cost of production, although competition tends to keep things in rough alignment overall. In the case of an auction site, there are a lot of variables that can affect the final price. Maybe there are two people in the world who absolutely crave getting that box, and getting it now. They both see this listing, and bid the price up. Next time, the one who just bought this box is now satisfied and won't bid on the next one. If the other guy doesn't see it, the box may sell for peanuts, but the one after, which he sees, sells for a bit more, but still not as much as the first one did. Add to that the potential bidders' perceptions of how reliable the seller is, random factors like timing of the sale, etc... and you have variability. Expand this principle on a bigger scale, and you have the kind of variability in prices that we see on eBay.
 

Boom Shaka Laka

Requiem Æternam
I can attest to the randomness of eBay bidding.

More than once, I've seen two people compete and bid sky high for an item, but when an identical item came up again (sometimes as little as a week later), it received no bids at all. What happened to the bidder who lost the original auction? You'd think he'd be scouring eBay for another example of what he lost, and then jump on the next one that came along. But, instead, he disappears! Did he suddenly lose interest? Was he shill bidding on the first auction? Is he just a lousy/lazy searcher? Did he leave town and/or turn off his computer? Did he really not want the original item all that much, and just got caught up in the competitive bidding? Or, having lost, did he give up his quest altogether?

It's all so confusing! :huh:
 

shane higgins

Member (SA)
Reli said:
shane higgins said:
Beware as this is a common star wars collectors trick
say if i want to buy a big ben i will get a friend to sell one on e ebay (he dont have one but photos are ezy to get )and all my other friend bid on it
the price goes threw the roof (we will always win as our top dollar will be stupid)
and now billy bob say i have one of those and he puts it on ebay and i buy it for a song he dont get his big money
Not sure I understand :huh:

Why would future ones drop in price just because you used fake shill bids to pump your auction up?

I think the reverse would be true. After all, you convinced other people that that box is worth a lot.

sorry i was unclear
what i was explaining is this is a way to get people to get there stuff out of the storage cupboard and sell it
If i donot have a bigben then i do this sham with me friends
and then some randam person says hay that sold for heaps say $1000
Then this random person puts his big ben on ebay and it sells for $700
that ok as i want one and was wiling to pay and there was no other bigbens for sale for a long time
and the ebay fees for the sham sale is just like paying advertising fees
in the end i get my bigben for say $750
 

abadacus

Member (SA)
Gluecifer said:
Classic example, the last National RX-5600 I saw on ebay.au went for well over $300 last time, in slightly above average condition. I score one last week for $64 in much better condition.
Ahahaha, so YOU'RE the one who got it!
Well at least its in good hands :)
 

Reli

Boomus Fidelis
isolator42 said:
RELI: Aldo Nova? ACE! :-) I'll look his stuff up on Ovi Music tonight...
I play the intro to "Fantasy" to test out the Wide setting on all my boxes. :-D
 

isolator42

Member (SA)
Got "Subject" & "Twitch" on my iPod for the journey home tonight :-) Can't believe they were both on Ovi Music. Maybe it is as useful as iTunes...
 
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