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  #1  
Old 05-02-2017, 11:48 AM
PhillipAbbott79 PhillipAbbott79 is offline
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Default 1990 topps common EBay auctions

Can anyone explain to me how this person is making money on an auction like this? This is far from a joke thread. I have to be missing something.

http://www.ebay.com/itm/1990-Topps-1...sAAOSw2xRYjmte
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  #2  
Old 05-02-2017, 11:56 AM
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pete ullman
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he cannot be making money even if he hand delivers!
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  #3  
Old 05-02-2017, 12:02 PM
Huysmans Huysmans is offline
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The shipping to Canada for this "$0.01" card is over $13.00.
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  #4  
Old 05-02-2017, 12:11 PM
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I wouldn't even bid $0.01
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  #5  
Old 05-02-2017, 12:20 PM
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But it's shipped from Norway.... Ohio.

Sorry, I didn't know there even was a Norway, Ohio.
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  #6  
Old 05-02-2017, 12:24 PM
Seattle799 Seattle799 is offline
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A year or so ago I had an offer from eBay that if I sold 4 items that month, they would give me $25.... So I listed 4 individual cards for a penny each with free shipping. They each sold for enough to cover the shipping, and eBay gave me 25 bucks

Not sure if this seller is doing the same thing or not...
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  #7  
Old 05-02-2017, 12:37 PM
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My guess is he is hoping that one buyer will bid on a large number of cards and some of the items will be bid up to the 25-99 cent range(340 of his listings sold in this range). Otherwise, he is obviously losing money. Even with the PP micro payments account, he would be foolish to even accept any small 1-15 cent payments, just send the card and only be out the 40+ cents for the postage. Not a very effective business model.
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Old 05-02-2017, 12:38 PM
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Quote:
Originally Posted by Seattle799 View Post
A year or so ago I had an offer from eBay that if I sold 4 items that month, they would give me $25.... So I listed 4 individual cards for a penny each with free shipping. They each sold for enough to cover the shipping, and eBay gave me 25 bucks

Not sure if this seller is doing the same thing or not...
He's definitely found an arbitrage somewhere.
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  #9  
Old 05-02-2017, 01:07 PM
PhillipAbbott79 PhillipAbbott79 is offline
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Looks like the same person won 11 of his cards. The whole thing is just strange.
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  #10  
Old 05-02-2017, 06:47 PM
tachyonbb tachyonbb is offline
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It is Norway Iowa not Norway Ohio. Norway is north of Iowa City, home of the Iowa Hawkeyes.
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  #11  
Old 05-02-2017, 07:26 PM
AddieJoss AddieJoss is offline
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May be trying to build up a good feedback rating. Some places look at EBay feedback ratings like a credit score.
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  #12  
Old 05-02-2017, 09:00 PM
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Running it through the postal meter machine at work?
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  #13  
Old 05-08-2017, 04:30 PM
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I just saw this.....that's an interesting approach..

Quote:
Originally Posted by PhillipAbbott79 View Post
Can anyone explain to me how this person is making money on an auction like this? This is far from a joke thread. I have to be missing something.

http://www.ebay.com/itm/1990-Topps-1...sAAOSw2xRYjmte
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  #14  
Old 05-08-2017, 05:23 PM
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I just saw this.....that's an interesting approach..

Quote:
Originally Posted by PhillipAbbott79 View Post
Can anyone explain to me how this person is making money on an auction like this? This is far from a joke thread. I have to be missing something.

http://www.ebay.com/itm/1990-Topps-1...sAAOSw2xRYjmte
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  #15  
Old 05-08-2017, 05:44 PM
PowderedH2O PowderedH2O is offline
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Or he is wanting to build up a bunch of cheap feedback, just before he sells much more expensive items?
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