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EBay madness


Marcyg
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I can just imagine how the conversation would go in my house if I bought any of that stuff...

Miss R. Riding Hood: "Go on, do explain to me how anything sold as a limited edition collectors item can only go up in value..."

Mr B. B. Wolf: "Er, well, y'see... It's, um..."

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6 hours ago, MrWolf said:

Serious question: Can anyone here explain how that price is justified?

The seller could put 2000 pounds on it. Doesn't mean it will sell, it won't. Nothing for sale needs to justified, only what a buyer is prepared to pay.

 

Who knows, perhaps SWMBO has insisted that he sells some items and because he doesn't want to sell, has put silly prices on. Eventually he will tell SWMBO that since no one wants to buy it, they is no point being told it must go!

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For £320, I’d hope I’d be getting 10 Lima 60s.

 

seriously wonder though how they think people will fall for this. Collectors by virtue of the word tend to know a bit about what they are collecting 

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3 hours ago, kevinlms said:

The seller could put 2000 pounds on it. Doesn't mean it will sell, it won't. Nothing for sale needs to justified, only what a buyer is prepared to pay.

 

Who knows, perhaps SWMBO has insisted that he sells some items and because he doesn't want to sell, has put silly prices on. Eventually he will tell SWMBO that since no one wants to buy it, they is no point being told it must go!

 

That will be seen by SWMBO applying her feminine logic that they are worthless as no one wants them and they can therefore be thrown away.

He wouldn't win.

 

Mike.

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As you might have guessed SWMBO collects antique bayonets and military knives, fortunately she also likes me and old motorcycles. Her attitude is that all collectables and antiques are only worth what someone is willing or fool enough to pay for it. She bought a Japanese bayonet for £35 from a specialist dealer (also a friend of mine, but that was the price tag and we didn't bother haggling) then spotted another in an antique shop in a local tourist area, minus its scabbard for £120. Her theory is that if someone pays over the odds for an item, the perceived 'worth' goes up, so successive valuations are based upon the highest known sum paid, thereby pushing up prices and increasing demand for that which is perceived to be rare and "collectable". This isn't sustainable of course, look what happened to the classic car boom in the early nineties. It's just another get rich scheme to the detriment of the many.

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Well it's Barry Potter's at Stafford on Sunday - I'll be the the one buying up all the Lima Class 60s at £30. Look out for them on Ebay next week, although I've never been on there except for the links in this thread1

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8 minutes ago, markneilp14 said:

and another clearly a brakevan kit bashed to resemble a pantograph version of a wisbech tram. Asking for a lot of money for something that is not even motorised

 

https://www.ebay.co.uk/itm/RATIO-KIT-BUILT-NE-0-6-0-ELECTRIC-TRAM-CAR-LOCOMOTIVE-NON-POWERED-nv/372980883903?hash=item56d764a1bf:g:NsIAAOSwnZReZjjt

Buy it - then buy an air rifle! Or perhaps I can lend you something a bit louder and more accurate? :D

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Damn. I used to have an old Airfix/kitmaster L&Y Pug that I chopped the cab off and attached plasticard skirts to when I was about 14. (Some bogus Swansea & Mumbles Tramway device I think) There may still be bits of it buried in the garden at my mothers house...

Of course I would have to sell it for enough to make a 400 mile trip worthwhile...

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The same seller has some real beaters of "Kit built Hornby Panier (nice typo) tanks weathered" Yard brush weathering but shiny conrods and flangeless drivers. £15 on a good day at a model railway show. For £60 I can buy something much more modern, better detailed and better running.

 

Today's rant has been brought to you by the words "overpriced" and "junk".

 

Peace.

 

Out.

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32 minutes ago, Colin_McLeod said:

Why be embarassed when one has a positive feedback of 38k?  He is obviously selling a lot of stuff, and at his prices it must mean a healthy income.

 

If you look at his history, he's sold 1500+ items over the last 3 months. The vast majority at prices which, although slightly higher than I would pay, do not appear to be unreasonable. Perhaps the purpose of these particular items is to attract attention. No doubt he has a profitable business ....

Edited by RFS
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23 hours ago, RFS said:

 

If you look at his history, he's sold 1500+ items over the last 3 months. The vast majority at prices which, although slightly higher than I would pay, do not appear to be unreasonable. Perhaps the purpose of these particular items is to attract attention. No doubt he has a profitable business ....

We might be taking the mick out of him, but seriously, who can blame him? If people are willing to pay the price asked, he would be a fool of a businessman to ask less. (clearly, there are some railway fans out there who have WAY too much money, but I digress) sometimes if you ask daft money for a few items, people will trawl your stock for a bargain. It's common enough in the antique trade.

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There can be lots of reasons for putting a high price on certain items. I have a rusty old BSA ladies bicycle at the shop, it would normally command £20-30, but with the exception of the main frame and handlebars, all the components are the same as the WW2 air portable Parabike. A highly collectable device commanding around £4500. There are specialist dealers out there asking £200 for a brake caliper, £40 for a seat stem, £300 a wheel AND getting that money too. If I sell the civvy BSA, all somebody else will do is break it up or spend £900 on a frame to create another parabike (shades of Brooklands Bentley replicas) The silly thing is that the civilian ladies bike is far more rare than the military version, I think it should be preserved as is, so it sits there with a £1000 price tag. Anyone not in the know will think I am bat #### crazy.

I am certain that the same parallels can be drawn with certain model railway items, but what I have seen here so far looks like speculation at best!

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15 hours ago, Mattc6911 said:

Having watched this I think buyers must be Mad to sell expensive items on Ebay ! Certainly put me off selling 

 

(Apologies if its been linked somewhere already)

 

 

 

 

That poor guy!!

 

I've had a few items arrive with bits that had fallen off, and all I did was glue them back on. I think the only time i've opened a claim is when I bought a T9 and the motor mount was in bits. It turned 'ugly' when  the seller wouldn't respond to me (I suggested that all I wanted was enough to cover a replacement motor mount) and after enough time had elapsed Ebay refunded me in full. I got a message from him a week later with a rather angry message about how I ripped him off.

Edited by Jack P
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I saw a wagon on ebay the other day which from a couple of details if you looked carefully was apparent was actually two photos of the same side but they had gone to the trouble of turning the roof round to make it look like both sides had been shown.

 

Had "new" in the title and was listed as new as well which is one of my pet hates as even if immaculate, which this wasnt, second hand is never new.

 

I e mailed to ask to see the other side and got no reply. Felt like reporting it but there isnt actually an option to report blatant mis-selling that I could see. 

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18 hours ago, Mattc6911 said:

Having watched this I think buyers must be Mad to sell expensive items on Ebay ! Certainly put me off selling 

 

(Apologies if its been linked somewhere already)

 

 

Dreadful.

 

I assume he has gone about that rather more patiently than usual to highlight the ludicrous system.

 

In practice you obviously would send a complaint directed at ebay (he seemed to tamely accept their suggestion there was nothing to complain about) perhaps on headed paper from a tame solicitor if you have one, quoting specifically how their misinformation had wasted time and effort as well as costing the right of appeal and the partial refund etc and for 300 quid, given all the evidence, i expect they would just cough up, even if their actual policy itself is unyielding.

 

I've said before I feel it's a matter of luck whether you come across a rogue buyer as had heard other virtually identical cases where the seller was completeley shafted. I withdraw funds immediately now so they cant easily auto refund - which at least allows you to discuss it first-  but not actually sure if they can deduct payment from your bank without your specific authority or not?

Edited by Hal Nail
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"but not actually sure if they can deduct payment from your bank without your specific authority or not?"

They can as your bank account is linked to your eBay account and PayPal so that you can add or withdraw funds or pay eBay fees. I have had it done to me a few years ago. I sold a second-hand but unused NOS vehicle part which due to its size was quite costly to send. The buyer then complained to ebay that it was damaged (after leaving positive feedback) I kept up with my end of the process and the buyer was supposed to send the item back. The time period allotted by eBay elapsed before I received the part back and eBay automatically refunded the buyer £140 from my linked account. I never did get the part back, oddly enough.

Ebay have tightened things up a little in the intervening years but still seem to lean heavily towards the buyer even if he is a chump

Edited by MrWolf
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