JR,
It was offered at a starting price of $10,625 with a buy it now option of $12,500. I sold a 2001 SO cinerama 6 sheet the same way and it went with the buy it now at a reasonable retail estimate. I was happy and the buyer was happy and doesn't matter what anyone else thought. I wish it would have been $12,500. BA ----- Original Message ----- From: "James Richard" <[email protected]> To: [email protected] Sent: Saturday, November 28, 2009 11:39:20 AM GMT -07:00 US/Canada Mountain Subject: Re: [MOPO] 15 2001: a space odyssey posters on EBAY Sold for $12,500 I'm not saying that a 100% markup is necessarily out of line... although I don't know of any other businesses that can get it these days. It's just that there is a big difference between putting a 100% or 200% markup on a poster a seller got for $20... or even $2,000... and putting a 100% to 200% markup on something the seller bought for $5,000 or $50,000. The higher the initial acquisition cost, normally the less likely it is that a buyer can be found willing to pay double or triple what the seller got it for recently -- unless the seller just picks up one incredible bargain to begin with. Not being a collector or follower of Star Wars posters, I really have no idea if the $12,500 is a reasonable/realistic price or not... or even if $5,500 was a great bargain. I just found it very strange that the same set of posters would sell for such a huge disparity in prices within a few weeks of each other. We'll have to wait and see if the buyer with zero feedback actually pays for them. P.S. -- Dave, I didn't follow the auction, but I didn't think it was a Buy It Now -- weren't people talking about it having a minimum starting bid of $10,625 and finally selling for $12,500? -- JR P Molitor wrote: Many dealers - and I'm certain Walter is one of them - have customers that can't simply be @ssed to spend their days perusing auctions the way many of us ob/coms do. I suspect those customers also have the bank account to not begrudge a markup for the convenience, which at just over 100% seems downright reasonable these days. I'm sure many of these clients only become aware of these sorts of posters when they appear on "their" dealer's website. --Peter --- On Fri, 11/27/09, James Richard <[email protected]> wrote: From: James Richard <[email protected]> Subject: Re: [MOPO] 15 2001: a space odyssey posters on EBAY Sold for $12,500 To: [email protected] Date: Friday, November 27, 2009, 10:20 PM Maybe... maybe not. It is incredibly easy to "buy something from yourself" on Ebay if you want to do that to try to set a retail price to use in later (possibly private) negotiations -- you only pay a couple of percent to Ebay if you do that, not like the 19% it would cost you at Heritage. Or some joker may have bid it without ever intending to pay for it -- Star Wars items can attract a oddball crowd. I'm not saying either thing is what happened in this case, I have no way of knowing, but the zero feedback rating of the buyer is often a red flag. There's no denying it is strange that a powerhouse record-price-setting operation like Heritage could only get about $5.5 K for this set 6 months ago and now someone manages to sell it for double that amount out of the blue on Ebay. While anything is possible, I find it hard to believe that there a people willing to spend $12,000 on a set of movies posters on Ebay who don't also regularly frequent Heritage auctions. Why didn't whomever just paid $12,500 simply bid for this set 6 months ago on Heritage and pick them up for a whole lot less? But maybe his ship only just came in recently (the stock market has been on a tear for the past 6 months), or maybe he just wasn't paying attention 6 months ago when Heritage auctioned them. Auctions are like the weather -- you can sort of predict what is likely to happen based on past events, but random lightning strikes, hail storms, freak down pours, or an new player or unexpected bidding war can always strike and make a joke of all the carefully calculated predictions. -- JR Brek Anderson wrote: Fact: Jealous critics, price Czars, and ebay format experts were all wrong. Walter proved to be the smart one. Love it! Cheers to the seller! Brek ----- Original Message ----- From: "Roland Lataille" <[email protected]> To: [email protected] Sent: Friday, November 27, 2009 11:17:00 AM GMT -07:00 US/Canada Mountain Subject: Re: [MOPO] 15 2001: a space odyssey posters on EBAY for $10,625 sold on Heritage The difference is that you start your auctions at 99 cents. This seller starts at $10,625 and as you say on your web site - "Fact: Buyers tend to ignore auctions with high starting bids". I just checked EBAY and they sold for $12,500! You just never know who is on EBAY and what they are willing to pay. From: David Lieberman <[email protected]> To: [email protected] Sent: Thu, November 26, 2009 2:28:48 PM Subject: Re: [MOPO] 15 2001: a space odyssey posters on EBAY for $10,625 sold on Heritage hmmmmm......we buy stuff all the time from Bruce, Heritage, other auction companies, Ebay, other collectors, and other dealers from all over the world and routinely sell them for 2 times or even more than what we paid for them. or maybe I've been hallucinating all the years and I should start looking for a new job too. ------------------------------------------------------------------------ Well, if they make there living asking for double of what someone else paid for the same set, they need to find a new job. No one is going to pay that amount. David Lieberman CineMasterpieces.com | 15721 N. Greenway Hayden Loop, Suite 105 -- Scottsdale, Az 85260 Vintage Original Movie Posters | 602 309 0500 | Office/Gallery Open By Appt. Only. 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