ITEMS THAT ARE PRICED THOUSANDS OF DOLLARS OUT OF THEIR NORMAL PRICE RANGE
I was just curious as to the reasoning behind a seller with an ad for a Corning Ware dish and lid priced at $11,000 and $8,000.
I guess I am not EBay street smart!
16 comments
carne.kay
·3 years agoMost of those listings are "or best offer". I suspect they take a reasonable offer but hope for some one who will make a high offer, which they will also accept. Additionally, they could have a friend who is shill bidding to jack up the value. The friend never pays but it looks like a legit sale to everyone else. If it looks ridiculous it probably is. Ignore them.
silverstatetreasureboxes
·3 years ago@bettimoor-0
Lol, I just did a thread on this very subject last month. Little news clips were spreading the word that this rare, hot, hard to find blue corningware was going to be gold! Better grab it now.
Few folks in my area must have heard this exciting tidbit as they wiped out all of the inventory from my thrift store. So as I was looking around on the empty shelves before work I spotted 2 1950s Fireking pink dogwood blossom bowls for 2 bucks each.
Those buyers of corningware will be sitting on that junk while I will clean up on the true rarity items! That my dear is street smart!
luckythewinner
·3 years agoPerhaps because they search eBay sold listings and see dozens of Corningware listings that have sold for $500-$8,000
az93
·3 years agoThe solds i looked at by highest price + shipping were sold in auction to sellers with mostly zero feedback. This is the same odd trend i find when searching solds for beanie babies. I have some so called valuable ones i might get $2 for at a yard sale.
mn467462
·3 years agoIt's everything that you all mentioned, and more. Sometimes it could just be sellers trolling for lols. Let's list a plastic spoon for $150,000 lol. They don't expect anyone to actually buy it. But they might have have a selling limit of $750,000 and they're bored, so why not? It's just like movie titanic, where the band continues to play as the ship is sinking. Because ebay has slowly destroyed this site, sales are down, and they have nothing better to do, other than the troll this sinking ship.
ebeths_eclectic_collectibles
·3 years agoI always figured it was an attention getting ploy to increase traffic to their other listings.
chapeau-noir
·3 years agoThree possibilities spring to mind: Aspirational pricing, delusional pricing, or "doesn't hurt to ask" pricing.
inhawaii
·3 years agoIve seen sellers do this to hold or keep the listing active because they don't know how to utilize the OOS feature.
femmefan1946
·3 years agoThis has always struck me as being dumb.
It seems to be used often by sellers who sell out of a multiple items listing and then raise the price instead of just allowing the listing to go to OOS and Unsold.
I've read that its because they don't want to lose Views or Watchers.
Piffle.
Viewers and Watchers are members who did not buy the Thing when it was available.
caldreamer
·3 years agoI thought this was crazy also until I checked SOLD "Corning Ware dishes" and one sold for $6,500 and one for $5,500. I guess there are a lot of suckers out there.
dqdistribution
·3 years agoSold doesn't mean paid though.
dbfolks166mt
·3 years agoSold doesn't mean paid though.
It also doesn't mean that the item that was posted was actually what shipped or if the cash was payment for another item/substance delivered locally.
joliztoyco
·3 years agoOkay. Now I get it!! Sometimes I can be a little slow on the uptake. But the light just came on. Thanks...because I didn't understand it either....
maxine*j
·3 years agoThey may have sold for that, but I'll wager that those prices were never paid. It's an old, old ploy, used forever in the arts and antiques markets: Create a false "auction record" and then sell your own at a much inflated price. If your X is worth $100, tops, on a good day, but you can create the illusion that it's been selling for $500, yours will be snapped up instantly when you offer it at $250.
Just one scenario that explains crazy "sold" prices for stuff on eBay and elsewhere.
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slippinjimmy
·3 years agoProbably because the "current" owner of the Corning Ware brand (Instant Pot) filed for bankruptcy protection recently so the brand is in limbo at the moment. The company has stated that they expect to come out of bankruptcy at some point and continue to manufacture the Corning Ware brand.
Some people seem to think that means what was a $20 dish a couple of months ago MUST be worth 500 times as much today.
Even if the listings you see appear to have been sold it will just end up as unpaid.
dbfolks166mt
·3 years agoCouple of possibilities. Seller intended to put in 110 instead of 11000 or 80 instead of 8000 and never caught the mistake. Other possibility is money laundering although law enforcement is catching on to that.