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Author Topic:  I think they outdid themselves ..
Ron Victoria

 

From:
New Jersey, USA
Post  Posted 26 Apr 2005 4:57 pm    
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I've have seen their rediculous prices over and over again, but this one has to be a topper. Why would they continuously waste money with these listings? Maybe they are banking on one sucker sale which would make it all worth while. I emailed thenm a few times but never got a reply. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&category=623&item=7318468125&rd=1

Ron

[This message was edited by Ron Victoria on 26 April 2005 at 05:58 PM.]

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Steinar Gregertsen


From:
Arendal, Norway, R.I.P.
Post  Posted 26 Apr 2005 5:08 pm    
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This one has been listed at that price 3, 4 or perhaps even 5 times before. It's absolutely ridiculous, but at least it's good to see nobody's buying it......

I think I paid about $300 for an identical one a year ago..

Steinar

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Jim Phelps

 

From:
Mexico City, Mexico
Post  Posted 26 Apr 2005 5:09 pm    
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This looks like the one they had up for sale from the other thread here http://steelguitarforum.com/Forum2/HTML/007026.html
that they were asking $375 for and didn't sell.

It sure seems that have some wierd strategy... if you can't sell it for $375, must be cuz it's priced too low, advertise it again and ask about $1795 for it.

I'm beginning to think the post in the other thread about some kind of racket may be onto something. Maybe they use the auctions for some kind of legal record for writing-off instruments they "can't sell", and they use the auctions to establish the value of the instrument. Who knows, but it sure is strange.

[This message was edited by Jim Phelps on 26 April 2005 at 06:12 PM.]

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Rick Alexander


From:
Florida, USA, R.I.P.
Post  Posted 26 Apr 2005 5:18 pm    
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Yeah, that's absurd. They keep relisting it, they probably get to write off the eBay fees when it doesn't sell. You're right Steinar - it's worth about $300, maybe 350 or 400 tops. A similar guitar went for $355 a few ays ago.


I emailed them also, on more than one occasion. They replied saying that "experts" had determined the value and that if I didn't like it - don't bid. I told them I wouldn't, and neither would anyone else. So far nobody has . .

Whatever they're up to - it's for sure they are not to be trusted.
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Billy Gilbert

 

From:
Texas, USA
Post  Posted 27 Apr 2005 5:22 am    
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According to their prices, I should be able to get about $2,495 for my double-8 National.
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George Manno

 

From:
chicago
Post  Posted 27 Apr 2005 8:13 am    
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The only place you could play it would be Fantasy Land!

GM
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Denny Turner

 

From:
Oahu, Hawaii USA
Post  Posted 28 Apr 2005 1:09 pm    
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Besides inventory depreciation write offs and such; I think what we are seeing is a professional assessment of the market potential and the large number of GC stores trying to push their findings as hard as possible. After all, GC can probably do that better than any other entity on the planet, ...especially coupled with the effects ebay has upon the market "sense" of value. The escalated prices of other certain Steels on ebay over the last 6 months or so seem add some credence to my assumptions.



Aloha,
DT~

[This message was edited by Denny Turner on 28 April 2005 at 02:10 PM.]

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Jim Phelps

 

From:
Mexico City, Mexico
Post  Posted 28 Apr 2005 1:51 pm    
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Quote:
I think what we are seeing is a professional assessment of the market potential


Sorry, but I think what we're seeing is absolutely delusional.
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John Pelz

 

From:
Kettering, Ohio, USA
Post  Posted 28 Apr 2005 6:20 pm    
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Hmmmm... buy this very steel through InstrumentExchange.com, and you can save five whole dollars on the deal! Better yet, if you don't want someone else to beat you to it, you can buy it now at IE.com for a very reasonable $1,899.00...

[This message was edited by John Pelz on 28 April 2005 at 07:35 PM.]

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Jim Phelps

 

From:
Mexico City, Mexico
Post  Posted 28 Apr 2005 6:42 pm    
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This is the "idiot pricing method". You price something so high that only an idiot would buy it, then just sit and wait for an idiot.
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Loni Specter


From:
West Hills, CA, USA
Post  Posted 28 Apr 2005 9:26 pm    
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It's surprising that someome hasn't thought of starting a new ebay account just for the purpose of "buying it now" then not paying. How come that only seems to happen to me?
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Denny Turner

 

From:
Oahu, Hawaii USA
Post  Posted 29 Apr 2005 2:22 pm    
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quote:
Sorry, but I think what we're seeing is absolutely delusional.



With over 100 stores staffed by some reasonably astute guitarists, I doubt that whatever GC/IE's ebay is doing is dilusional to them ...although potentially dilusional to customers / market that don't know any better. ...IMHO.

Aloha,
DT~

[This message was edited by Denny Turner on 01 May 2005 at 04:55 PM.]

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