Sellers With 0 Feedback Sold Items For Abnormally High Prices ?

[leaftrinkets]

Was researching the "solds" on an item I had acquired to determine pricing.   Many pages of this item (2001 Holiday Celebration Barbie New in Box) sold for anywhere between $5 and $35.  However, if I sorted from "Highest Price" sold to lowest, I noticed that five or six of these items sold for $750,  $500 and similarly disproportionately higher amounts.  I also noticed that all the sellers of these extremely high priced Barbies had zero feedback, but different names.   Has anyone heard of this? What was really going on here?  Were Barbies being sold or something else?  I think I know how I should price the Barbie, but now I am just curious....Thanks!

[inhawaii]

JFYI When searching completed listings, the item sold only when the price is GREEN.

If the price is in BLACK the item did not sell. 

So some of the prices you are seeing may or may not have been the actual sold price. 

[leaftrinkets]

Thank you,  I actually searched "Sold" not "completed" and the Sold prices were green.  Very strange!

[itscalledapostingid]

Just because it sold that doesn't mean the buyer actually paid. 

[sin-n-dex]

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@leaftrinkets wrote:

Was researching the "solds" on an item I had acquired to determine pricing.   Many pages of this item (2001 Holiday Celebration Barbie New in Box) sold for anywhere between $5 and $35.  However, if I sorted from "Highest Price" sold to lowest, I noticed that five or six of these items sold for $750,  $500 and similarly disproportionately higher amounts.  I also noticed that all the sellers of these extremely high priced Barbies had zero feedback, but different names.   Has anyone heard of this? What was really going on here?  Were Barbies being sold or something else?  I think I know how I should price the Barbie, but now I am just curious....Thanks!

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It's one of two things...

1. money laundering

2. establishing a selling history to over inflate the value of the goods so they can sell theirs for that price (as in these sales are fake)

When I see weird prices for things, I generally go with the knowledge I have on it's value and go with that. I sell coins and tokens, and there are some real oddities in values of some items.

C.

[dnasilver]

How is it money laundering? 

[jackie8263]

Did you see this listing? It's just a regular t-shirt, nothing special.  Sold for $999,990.00 . Nope you didn't read that wrong. Nine hundred ninety nine thousand....

Something is NOT right!

https://www.ebay.com/itm/403881462452?mkcid=16&mkevt=1&mkrid=711-127632-2357-0&ssspo=ratss7oit2i&sss...

[ebooksdiva]

If you notice the item is out of stock. Sellers will inflate the price of an item as a deterrent for buyers so the item doesn’t sell.  It is used a place saver in search until the seller replenishes the stock on that particular item. It doesn’t mean it ever sold at that price. When the seller replenishes the stock he also reduces the price. 
The seller has the same shirt for sale in a larger size for $39.99 

@jackie8263 

[soh.maryl]

How many were actually sold and paid for? 

[kh-leslie]

Hi everyone,

Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread HERE if you wish to continue to discuss this topic.

Thank you for understanding.