11-28-2021 07:46 AM
How can some items on ebay sell for drastically different prices? Ex. An exactly same beanie baby sells for $5 vs $5000?
11-28-2021 09:32 AM
When you see a $5000 beanie just ignore it. It was just someone playing games to get it removed from Ebay.
11-28-2021 09:52 AM
It is pure hype and speculation.
There have been rumors on the internet for years that these things are worth a fortune, so folks speculate, or are truly confused and believe these rumors.
Just like Corning Ware....
https://www.ebay.com/itm/124041240190
My understanding is that this started at a place where truth is the gold standard.
You know, Facebook.
11-28-2021 10:07 AM
Or somebody has two eBay accounts and gets a credit line for one, posts an item on the other for a high price and then the account with the credit line is used to purchase. Then BAM! Money! Cheaper than a title loan.
Of course, if any of our speculations are true, no wonder we can't sell as much. Too much hockey going on.
11-28-2021 11:33 AM - edited 11-28-2021 11:35 AM
@jet_joa wrote:To be honest, I think the beanie baby thing is either money laundering or a drug or other illegal kind of thing on offer. Beanie babies appear to be a dead market, except when it's money laundering; there is no actual five thousand dollar beanie baby. I don't have details on how it works really but I am not myself a money launderer, lol.
People who launder money try to do it without raising any eyebrows. An ad that millions of people can see and many immediately become suspicious of it...well that would not really fit into a successful money laundering scheme.
11-28-2021 12:36 PM
When an item goes out of stock some sellers revise the price to something nobody would pay, to hold their place in a search until it goes back in stock again. Then they lower the price.
11-28-2021 12:51 PM
Somehow I suspected that.
11-28-2021 12:54 PM
Oh those dreaded beanie babies, I'll tell you a short story on them since it's slow today.
My late SIL bless her heart, got into these things from the beginning. Store after store in Florida she went purchasing these dreaded looking stuffed things. Then she somehow talked me into buying them in my state and mailing them to her.
OK she paid me but really? I was a 3rd shifter, I didn't have anytime to sleep looking for purple bears with hearts.
When she passed on guess what we found in her house? Bins and bins ( did I mention bins?) of these " valuable" toys that were going to bring in a fortune, yeah right. Her grandkids didn't want them, I certainly didn't want them so off to the donation center they went.
The only person who made money on these things was the CEO of TY.
11-28-2021 02:15 PM
Out of curiosity I just searched for SOLD beany baby items and saw a lot of outrageous prices -- but clicking on several of them resulted in an eBay Error Page saying "looks like this page is missing" (and this for recent sold dates, not ancient). So, something seriously afoot here!
11-28-2021 02:37 PM
@silverstatetreasureboxes There was a sad story in the papers about a couple who did that - got in at the beginning and then got addicted to the Beanie meat - they basically blew their kid's college fund on it, thinking that it would pay off, and most of their other money. The thrill of the hunt drove them on.
There they were, nice everyday people pictured with boxes of these toys that were basically worthless, and no money. 😕
11-28-2021 02:58 PM
That is sad, glad I never got caught up in that mess but I only like 50s-60s toys anyway. I remember when I was buying these things for SIL. There was a quaint shop in my town that sold them and had them up on a high shelf BEHIND the counter!! You had to point to the one you wanted and only then could you touch them. How stupid!
11-28-2021 03:02 PM
They make fine cat toys 😹
11-28-2021 03:08 PM
I dunno….
Gunne Sax dresses are selling anywhere from the rare $75 or so, up through $2000 or so
11-28-2021 03:41 PM
=
11-28-2021 04:07 PM
11-28-2021 05:09 PM - edited 11-28-2021 05:10 PM
This favorite of mine appeared at the height of the craze:
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