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Silly Priced ring on eBay
I can't say this championship ring has the most outlandish asking price ever; there have been some crazy ones in the past, but this one's up there:
The seller is claiming that this special ring was made for legendary Hall of Famer George Mikan. The seller also is claiming that this is an "elusive and coveted ring". I have met many championship ring collectors and none have ever said to me, "Gee, if only I could get my hands on that George Mikan" career ring...." The eBay seller, La Jolla Jewelry, is asking $209,000.99, and upon further examination of the insane asking price is a clue that the seller has no grasp of the championship ring market place: He doesn't even have a "or best offer" selection. So, it's either pay $209,000.99 or nothing for us championship ring collectors. Based upon my experience with championship rings, and I can be completely wrong, this championship ring, would bring around $20,000 at auction (there are always surprises, so my estimate is just that - an estimate). That's basically a final price of about 10% of the asking price! You don't have to rush to eBay to see this championship ring - it will probably be listed there for a long, long time. Here's the link....http://www.ebay.com/itm/2001-NBA-WOR...item2806b45d02 Any thoughts on this? |
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