G Shock Valuation - am I missing something?
Discussion
Excuse the use of dollars, I'm in the US so it's my unit of currency.
About 18 months ago I got a G-Shock G5600KG-3CR, I paid $93 delivered from Amazon. Seemed to be the going rate at the time. Turns out I didn't wear it much and it just sat in a drawer, so I stuck it on eBay last weekend along with a few other clearout items.
There's over 5 days left and the bidding has already overtaken what I paid for it. When I check the same model number now, it seems like the going rate is about $395, four times what I paid originally:
http://www.amazon.com/Casio-G5600KG-3CR-G-Shock-Mi...
What's going on? Have I somehow bought a limited edition much sought-after G-Shock, are they not available any more?
Weird!
About 18 months ago I got a G-Shock G5600KG-3CR, I paid $93 delivered from Amazon. Seemed to be the going rate at the time. Turns out I didn't wear it much and it just sat in a drawer, so I stuck it on eBay last weekend along with a few other clearout items.
There's over 5 days left and the bidding has already overtaken what I paid for it. When I check the same model number now, it seems like the going rate is about $395, four times what I paid originally:
http://www.amazon.com/Casio-G5600KG-3CR-G-Shock-Mi...
What's going on? Have I somehow bought a limited edition much sought-after G-Shock, are they not available any more?
Weird!
Just because someone is asking $395 doesn't make it the going rate - it could be due to all kinds of wierd and wonderful pricing algorithms or even plain and simple speculative pricing, as Amazon charge no listing fee. The going rate would be better indicated by looking at completed eBay listings, these show one completed sale at $199 - rather different but still a tidy profit for you 
eBay is strange,
I've just flipped a Seagull 1963 for a 40 pound profit.
I think people are scared to order anything from China or the States, and get caught up in a bidding frenzy.
I'm completely honest in adverts, as one should be, in the Seagull advert I said I don't like the watch as it has no date function ... Don't know if that makes a difference.
I've just flipped a Seagull 1963 for a 40 pound profit.
I think people are scared to order anything from China or the States, and get caught up in a bidding frenzy.
I'm completely honest in adverts, as one should be, in the Seagull advert I said I don't like the watch as it has no date function ... Don't know if that makes a difference.
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