Very expensive records (lol)

B.B.B · **Posted:** Wed Aug 26, 2009 2:42 am

Consider the listing fee :shock:

WDC · **Joined:** Thu Jan 08, 2009 6:07 am **Posts:** 998

B.B.B wrote:

Consider the listing fee :shock:

This is often considered to be very high. Actually eBay makes its money with the lower prices insertion fees (beside the high selling percentages, Paypal and so on).
According to their current fees, the seller paid $4.35 for listing this $43k auction, including 35ct. for the gallery picture option. That's it. eBay's fee structure makes it very easy and affordable to come by with crazy prices.

MordEth · **Posted:** Wed Aug 26, 2009 5:46 am

WDC wrote:

eBay's fee structure makes it very easy and affordable to come by with crazy prices.

Of course, if the seller manages to sell something at a crazy price, eBay gets a very nice percentage of it.

— MordEth

B.B.B · **Posted:** Wed Aug 26, 2009 6:55 am

WDC wrote:

B.B.B wrote:

Consider the listing fee :shock:

This is often considered to be very high. Actually eBay makes its money with the lower prices insertion fees (beside the high selling percentages, Paypal and so on).
According to their current fees, the seller paid $4.35 for listing this $43k auction, including 35ct. for the gallery picture option. That's it. eBay's fee structure makes it very easy and affordable to come by with crazy prices.

I had no idea, thanks for cerrecting me!

Wow, a whole new area of business opens up for me now with this knowledge, instead of listing LPs for 9.99, I can list them for a $1000 a pop. Forbes, here I come :mrgreen:

EdisonSquirrel · **Joined:** Wed Jan 07, 2009 4:22 pm **Posts:** 434

At $1,000 per record, even those of us with modest collections could quickly become millionaires, and those with massive collections would be in a position to join the ranks of the richest people in the world.

:squirrel:

Rocky

brianu · **Posted:** Wed Aug 26, 2009 9:31 am

I've emailed the sellers and am sure you'll all be thrilled to learn that they're not at all unreasonable, are open to best offers and would consider something in the $20k range.

bbphonoguy · **Posted:** Wed Aug 26, 2009 10:29 am

brianu wrote:

I've emailed the sellers and am sure you'll all be thrilled to learn that they're not at all unreasonable, are open to best offers and would consider something in the $20k range.

Please tell me you're kidding.

brianu · **Posted:** Wed Aug 26, 2009 11:47 am

bbphonoguy wrote:

brianu wrote:

I've emailed the sellers and am sure you'll all be thrilled to learn that they're not at all unreasonable, are open to best offers and would consider something in the $20k range.

Please tell me you're kidding.

no joke. seriously.

estott · **Posted:** Wed Aug 26, 2009 11:58 am

I suspect they'd back up their valuations with statements like "Genuine" or "Authentic" and "Nearly 100 years old"

bbphonoguy · **Posted:** Wed Aug 26, 2009 5:29 pm

brianu wrote:

bbphonoguy wrote:

brianu wrote:

I've emailed the sellers and am sure you'll all be thrilled to learn that they're not at all unreasonable, are open to best offers and would consider something in the $20k range.

Please tell me you're kidding.

no joke. seriously.

It's hard to control the urge to laugh out loud, but I'll try. :lol:

I think I'll contact them and offer my entire record collection to them for $10,000. I have 1200 records, so by their estimations they should be able to make $1,190,000.00 profit! Who could possibly pass that up?

Maybe we could create a "record bubble" much like the housing bubble.

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Very expensive records (lol)

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