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A friend of mine recently put up a dearly beloved machine on eBay, and the auction bids did not meet the reserve price. However, after the auction ended, several of the parties and people watching the auction became very interested in what he had to sell. It turns out that he ended up selling the bike outside of eBay for more than he would have settled for during the auction.
This week I had a similar experience. For the past three weeks, I have been trying to sell a license plate tag (Minnesota, 1957) on eBay. The first two times I listed it, a few watchers tracked the auction but never bid. I lowered the price and the shipping amount, and now the sale price (with 12 hours to go) is double what somewhat could have had it for the past two weeks.
Posted by Underblog at December 12, 2008 7:36 PM
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