Bargains on ebay?

[nat8808]

Mega rare Larson Pyramid omnidirectional speakers in Lancashire.

http://www.ebay.co.uk/itm/Legendary-...item3f20609a02

Now that this listing has ended, ebay is showing me three other pairs for sale...

Not so mega rare, but see my post above and that then leads people to believe that they are rare and therefore valuable and hence try to ask stupid prices for them as the three suggested show.

You then get people holding on to them believing they shouldn't let them go for less than £600 because of their rarity and so none sell, others see that high asking price and snap up cheaper ones, taking them off the market so that they appear yet more rare, only to find that when auctioned they only reach £155.. then it is cried that someone got a real bargain.

The psychology of ebay is quite an eye-opener really and blows away the idea that any market finds a just price due to simple market forces - yet that's a widely held belief of those who are controlling the banks and our economies. It's no wonder it has all gone tits up since trusting the markets further and further with fewer and fewer controls. Really it is just a chaotic bubble making machine when left unattended.

[Rare Bird]

Their was a maga bargin on auction yesterday a VPI 16.5 Record cleaner £175.00, i knew it would be bought up straight away.

[Marco]

Damned right it's a bargain... That's what I use and it cost me £300 second-hand! Mind you, the previous owner had only used it twice, from new!

Marco.

[walpurgis]

Never heard of this Teac TT before, looks like a sixties jobbie, nice!

http://www.ebay.co.uk/itm/Teac-TN-10...item4abfaf3201

[Rare Bird]

^ Saw it yesterday, it made my gusset a bit sweaty

[Rare Bird]

o well, better luck next time..

251201105745

[The Grand Wazoo]

Yep, the next copy will only fetch a fiver, fer sure!

[Rare Bird]

[seoirse2002]

Now that this listing has ended, ebay is showing me three other pairs for sale...

Not so mega rare, but see my post above and that then leads people to believe that they are rare and therefore valuable and hence try to ask stupid prices for them as the three suggested show.

You then get people holding on to them believing they shouldn't let them go for less than £600 because of their rarity and so none sell, others see that high asking price and snap up cheaper ones, taking them off the market so that they appear yet more rare, only to find that when auctioned they only reach £155.. then it is cried that someone got a real bargain.

The psychology of ebay is quite an eye-opener really and blows away the idea that any market finds a just price due to simple market forces - yet that's a widely held belief of those who are controlling the banks and our economies. It's no wonder it has all gone tits up since trusting the markets further and further with fewer and fewer controls. Really it is just a chaotic bubble making machine when left unattended.

Hi Nat,
Ive got a pair for sale if you want them cheap!!and Im in London too!

[Mr Kipling]

Now that this listing has ended, ebay is showing me three other pairs for sale...

Not so mega rare, but see my post above and that then leads people to believe that they are rare and therefore valuable and hence try to ask stupid prices for them as the three suggested show.

You then get people holding on to them believing they shouldn't let them go for less than £600 because of their rarity and so none sell, others see that high asking price and snap up cheaper ones, taking them off the market so that they appear yet more rare, only to find that when auctioned they only reach £155.. then it is cried that someone got a real bargain.

The psychology of ebay is quite an eye-opener really and blows away the idea that any market finds a just price due to simple market forces - yet that's a widely held belief of those who are controlling the banks and our economies. It's no wonder it has all gone tits up since trusting the markets further and further with fewer and fewer controls. Really it is just a chaotic bubble making machine when left unattended.

Doesn't it just go to show how greedy and opportunist people can be - given the chance? What did such individuals do before the advent of eBay? Recently I saw a turntable sell and was listed by the buyer a few days later with a 50% increase in price for which he had bought it for. Wasn't it Maggie Thatcher who suggested the marketplace was all that mattered and that a social conscience was an irrelevence? Sellers insist on using the word 'rare' in their description when quite often it doesn't apply.