Archived posting to the Leica Users Group, 1999/06/17

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Subject: Re: [Leica] Re: Weird price on eBay for 50/1.4
From: D Khong <dkhong@pacific.net.sg>
Date: Thu, 17 Jun 1999 21:01:35 +0000

>>Could somebody please explain the following:
>>
>>http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=115655152
>>
>>Dan C.
>>
>Look at the bid history.  Note the second-to-last bid.  Then have a look at
>the website of that bidder.  <www.jimmytong.com>
>   Someone got suckered into outbidding a dealer who was raising the price
>beyond its fair market value. Note the times of the bids.  The winning
>bidder had a reserve price that exceeded that of the dealer who bumped up
>the price.  You have to watch how you bid on eBay, or you will get burned
>badly.
>

The last 5 bids started at $2550 and above.  That's way above market rate.
This either proves that a sucker is born every minute or that you have to
be so careful in ebay in case you get carried away.

I'd stick to my regular dealer anytime.

Dan K.