posted on August 15, 2007 07:14:17 PM
I doubt if you could sell collectables without gallery. I sold quite a bit in the last two weeks along with my store sales,things are picking.
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posted on August 16, 2007 03:25:24 AM
I took advantage of the listing sale - even during Pixiamom's visit. We spent most the day side by side listing - she on the laptop and I on my desktop.
posted on August 16, 2007 08:04:19 AM
Not dollars but Yuan and there are 13+Yuan to one US dollar. If they do sell something, they make quite a profit since some charge $30.00 to ship and an article that costs them less than $3.50 to mail - not to mention the insurance/tracking which they make a profit on. However by lying about what they are selling, shipping out shoddy merchandise and doing "bait and switch" they get only a small percentage of bids on their total.
buyhigh
posted on August 16, 2007 08:34:13 AM
What I find more interesting than anything else is that yesterday I had fewer hits, watchers and bids than in a long time. Today, it's back to "normal."
Which confirms my suspicion that I don't sell much to "real people" but rather dealers and other eBay sellers who were busy listing their own items. For antiques and collectibles at least, it's the old washerwoman story. Anyone else?
posted on August 16, 2007 09:03:16 AMI don't sell much to "real people" but rather dealers
This has always been true in the antiques world.
It is such a truism, in fact, that my husband and I coined a phrase: Point of Ultimate Unsaleability. That's when an object passes from dealer to dealer, getting marked up each time, until the last dealer can't find anyone to unload it onto.
Part of the reason why this is true is that serious collectors without trust funds almost always become dealers in order to finance their collecting habit.
posted on August 16, 2007 09:49:16 AM
buyhigh said-
Not dollars but Yuan and there are 13+Yuan to one US dollar//////////
It is called reminbi(people's money) and the exchange rate is almost 8 to 1,never 13 to 1 and Paulson has been making trips to China urging them to revaluate their currency to make it stronger,old song,we do this with the Japanese back in the 1980s.
Some do ship EMS so it is trackable online in case someone files complaint with Paypal.
posted on August 16, 2007 09:54:02 AM
On Wall street it is called the 'trading sardines' among commodity traders-
traders have been passing back and forth sardines and the price gets higher and higher.
The last trader paid a bundle and decided to open one can just to find out how expensive sardines taste like.
Well,it is spoiled so he called the last trader and complained.
And the seller said- These are trading sardines,not EATING SARDINES!
YOU ARE SUPPOSED TO TRADE THEM,NOT EAT THEM!
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As we speak,all shapes of Sardines are tanking-stock,bonds,CMO,CLO,CDO,commercial papers,MBS,even Fannie and Freddie papers are worth less now!
Lets all stop whining !
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[ edited by hwahwa on Aug 16, 2007 09:56 AM ]
posted on August 16, 2007 10:09:39 AM
They keep telling us this subprime business is 'contained' but as you can see,it is spreading.
Then they said corporate profit is strong and corporate chieftains such as CSCO,DE,CAT all swear business is stronger than ever.
Well,houses are falling in value,it looks like they will go back down to some 'sane 'level,a 750k house may just go back down to 400k where it belongs.
Consumers will have to tighten their belt and curb spending and this is going to affect the Chinese as they make most of our consumer goods .
It will affect the Indians too if corporate sales and profit declines and they decide to revisit their corporate spending and delay or cutback on capital spending.
If we pull out of Iraq,then you cant bank on the Govt to keep the economy humming,so what do you get -a RECESSION!
