Unbelievable what people on eBay will bid on

spencer200 · Mar 29, 2004

No NO NO I was talking about the castle! /forums/images/graemlins/grin.gif

Junkman · Mar 29, 2004

that is a shame because my auction is doing better!! /forums/images/graemlins/grin.gif

spencer200 · Mar 29, 2004

Junkman Where do you find something like a 1960's GM extinguisher? How do you determine its value? Are you going to be able to retire on this one sale? /forums/images/graemlins/grin.gif Nosey minds want to know! /forums/images/graemlins/grin.gif

Junkman · Mar 29, 2004

In the 1970's when GM dealers were dropping like flies after the exterminator left, I was purchasing obsolete inventory from the Chevrolet dealers parts rooms. I would go from dealer to dealer and pick the shelves clean of all the parts that I knew were obsolete and then go to the auto flea markets and sell them on the week ends. I sold mostly 1955 - 1959 Chevy parts because those were the cars that were "hot". I would pay by the truck load and sell by the piece. What didn't sell, I would put in the cellar and the garage. Now I am trying to sell off the residue. I have about 20,000 NOS (new old stock) parts left. Most of the good stuff has already been sold and the really choice parts that I kept for myself are now going onto e bay. I figure that I could put some of these parts into my cars, but they have more value to someone else than they do to me, so I prefer to sell them. I figure that at the rate that I am selling them, I will have to live to be 100 before everything is sold. As for value, it is a guessing game. I guess and hope that it is a correct guess. I tend to guess high and if I am wrong, it doesn't sell. If I guess wrong, I just try again with a lower reserve the next time. If I put the reserve to low, then sometimes I short change myself, but you can never get hurt taking a profit. Right now, the extinguisher is at little better than $400. I am hoping for it to go to $1000. Am I optimistic that it will get there.... No, but I can hope.... I believe that it will end up at $700. We will know in a few days.........

spencer200 · Mar 29, 2004

Thats like having a forgotten savings account. I think if you got a good bidding war going you could see that 1000 it just amazes me what people will pay for stuff on a sight unseen auction.

Junkman · Mar 29, 2004

I just checked and it is at $510, so it is headed in the right direction!!!

spencer200 · Mar 31, 2004

Well Junkman I see you got a sale on the extinguisher!

Junkman · Mar 31, 2004

It is only a sale after it is paid for ...... that is the only bad thing about a private auction, I don't know who the high bidder is until the end and I don't know their reputation either until the end. I prefer the private auction for the high dollar items, because the people that spend this type of money prefer not to be the type to wave it in your face that they have that amount to spend on frivolous items. I just hope that the bidder is a sound e bay buyer. I doubt that this is the type of item that will attract a "fruit cake" bidder, but you never know. I only wish that there was a way to tell...... /forums/images/graemlins/frown.gif Right about this time tomorrow evening I should have my answer.... Hopefully there will be some last minute sniper bids also... /forums/images/graemlins/smile.gif

spencer200 · Mar 31, 2004

I have never had anyone flake out on a bid. I guess I have been lucky on that.

SageBrush · Mar 31, 2004

</font><font color="blue" class="small">( I have never had anyone flake out on a bid. I guess I have been lucky on that. )</font>

I have! Its a real pain because you eat the listing cost each time. /forums/images/graemlins/mad.gif