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Why do Apple gift cards sell for more than their value on eBay?

post #1 of 16
10/22/10 at 4:01pm
Thread Starter 
I honestly can't for the life of me figure this out. Can someone explain (PLEASE!)?

http://cgi.ebay.com/APPLE-GIFT-CARD-...#ht_500wt_1156

http://cgi.ebay.com/Apple-Itune-10-g...#ht_500wt_1156
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post #2 of 16
10/22/10 at 4:05pm
same reason jersey shore gets a 2nd season, bobby flay has a career, and oprah has her own effing network. we're screwed, that's why.
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post #3 of 16
10/22/10 at 4:12pm
Well, I figured I would come up with an explanation after looking at the listing, but nope! It is very confusing. Ask the seller and report back! (or I will) Either way...
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post #4 of 16
10/22/10 at 4:15pm
Because paying more for an Apple product increases its percieved value? Obviously the Apple gift card is the best designed gift card on the market. Duh.
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post #5 of 16
10/22/10 at 4:19pm
I think what my esteemed colleague Slim is trying to say is that people over-pay for their Apple computers, so why not the gift cards as well. Posted from my MacBook Pro
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post #6 of 16
10/22/10 at 4:19pm
How did the one guy actually get 14 bids for a $7.38 gift card? I think you're right, grundle -- we're screwed!!!!
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post #7 of 16
10/22/10 at 4:22pm
Isn't their some Paypal checkout option that offers a cashback bonus? I don't know, I just vaguely remember hearing that.
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post #8 of 16
10/22/10 at 4:47pm
The only reason someone might want to overpay for an ITS GC is to be able to purchase from another country. I recently sent a mate in Indonesia a US GC so he could set-up his girlfriend's iPad with a US ITS account. Otherwise he would have been SOL even downloading the free apps.

A large portion of ITS GCs (same with other brans, I guess?) sold on eBay are not activated/cancelled/stolen/fake and hence worthless.
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post #9 of 16
10/22/10 at 7:16pm
Quote:
Originally Posted by bawlin View Post
I don't get how they can have a balance. When you use one of those cards it automatically transfers the total amount to your account and the card becomes useless
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post #10 of 16
10/22/10 at 7:52pm
Thread Starter 
Quote:
Originally Posted by KitAkira View Post
I don't get how they can have a balance. When you use one of those cards it automatically transfers the total amount to your account and the card becomes useless

So if I have a $1000 card and I buy a charger for my Macbook, the remaining $900 or whatever gets transfered to my account? What account? Doesn't really make sense to me...
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post #11 of 16
10/22/10 at 9:43pm
The first auction is a joke. It's like when people put a $1 bill up on Ebay and someone pays $7 for it (0) Don't ask me why this happens. All that I know is that people are stupid sometimes.
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post #12 of 16
10/22/10 at 10:09pm
Quote:
Originally Posted by bawlin View Post
So if I have a $1000 card and I buy a charger for my Macbook, the remaining $900 or whatever gets transfered to my account? What account? Doesn't really make sense to me...

True for iTS card, not Apple store GCs
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post #13 of 16
10/25/10 at 6:40am
Bing cashback thing as well?
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post #14 of 16
10/25/10 at 4:38pm
Does Apple come out with new designs for the giftcards often? Some people like the collect the GCs. I know Starbucks GCs often sell for more than their value because they always come out with new ones and people collect them.
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post #15 of 16
10/25/10 at 10:16pm
Quote:
Originally Posted by NaTionS View Post
Does Apple come out with new designs for the giftcards often? Some people like the collect the GCs. I know Starbucks GCs often sell for more than their value because they always come out with new ones and people collect them.
If this is true...well...I honestly don't know what to say...
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