|
|
 Posted - March 10 2011 : 05:16:58 AM
|
It's funny how some people that are 1st time sellers want to sell a Tyco Petticcoat Junction set that sold in 1966 for $34.00 now wants $2500.00 and it don't even have its track.
i guess that price means they don't want to sell it.
Mod EDIT: Moved to "Loose Ends"
Edited by - DaCheez on March 11 2011 7:51:40 PM
|
Country:  USA ~
Posts: 7 ~
Member Since: January 26 2011 ~
Last Visit: July 25 2012
|
Alert Moderator
|
|
|
|
Posted - March 10 2011 : 05:56:03 AM
|
Greg - Guess you could blame current economic situation in US for this price - On a serious note though - The severe stress of our current economy has made some people literally loose their "mind" in a sense and think anything old is of great value. I have seen a lot of Tyco latley that sellers think is gold - way over priced. Granted some Tyco items will fetch a good price -depending on individuals who desire the item(s). He could be trying to cover his future gas expense as fast as it is rising currently. I have seen these sets recently on ebay -not for $2500. though -but around a 100 and higher.
Edited by - Brianstyco on March 10 2011 05:56:49 AM
|
|
Country: USA ~
Posts: 2507 ~
Member Since: January 31 2006 ~
Last Visit: October 21 2017
|
Alert Moderator
|
|
|
|
Posted - March 10 2011 : 06:38:01 AM
|
quote:It's funny how some ... 1st time sellers want..... $2500.00 and it don't even have its track.
i guess that price means they don't want to sell it.
Originally posted by gregbarker - March 10 2011 : 05:16:58 AM
|
Not really...it's just a market mechanism. Not everyone does market research, either. Assuming they're neophytes at selling, many people will start high, and see what hits they get. If it doesn't sell, then they lower their prices. I've noticed this on some diesel engines I was Watching, they'd list at $50, it ends with no buyer, they'd lower the price a bit, relist again. I've watched several items go thru this over a 3-4 week period. You can try to short-circuit it a bit by direct PM, but I've had a person be "shocked" when I told them their Tyco/Bachmann collection of 75 items wasn't worth $795 to start. Sure, if you assume they're ALL worth $10 apiece, and you're going to get that, then you MIGHT conclude that a reasaonable starting price. I watched that particular auction get relisted for months, and the lady never brought down the price much. I think $600 was as low as it got, and still no buyers. Duh. I finally quit watching it, reality never sunk in. Oh well. Some people never learn, or think it's worth gold. Huge lots rarely sell for big $ , because it then usually includes too many items people don't want, and don't want to pay for. Lots of 10-20 items do better, like the lot I just bought for $27 that had a metal Gilbert diesel switcher, a steam engine, a diesel, and a bunch of old HO Lionel/Varney/misc. rolling stock. I wanted the switcher alone, the rest was bonus.
So you can't really blame the sellers for their ignorance, and some you can't educate, so experience with the Real World will have to be their teacher. That's the marketplace, free enterprise, etc. And buyers are just as bad in reverse, want it as cheap as possible, wait until the last minute/second to start bidding. I think most auctions could start in 4 days and still pay off. I usually bid if I want it, after a few days. To make SURE the auction isn't pulled. Had that happen in the past a few times. Oh well, just sit back and enjoy the show, because it can be entertaining to watch.
Jerry
" When life throws you bananas...it's easy to slip up"
Edited by - AMC_Gremlin_GT on March 10 2011 06:39:46 AM
|
|
Country: USA ~
Posts: 3974 ~
Member Since: January 04 2009 ~
Last Visit: January 11 2019
|
Alert Moderator
|
|
|
|
|
|
Home
Forums
Events Calendar
Forum Admins & Mods
Register
