I apologise if this is the wrong forum to pose this question but I recently came across a just ended ebay auction where a used Brioni blazer with all the right labels, lining etc and supposedly excellent condition sold for just $46.
http://cgi.ebay.com/ws/eBayISAPI.dll....cWAT.m240.lVI
Since used Brioni blazers and jackets sell for three or four times that amount here, I was just wondering what is the explanation for such a low price on ebay.
Is it lack of trust in the seller, or the authenticity of the item? Is the fact that it is being sold on ebay for a low starting price an indication of dubious quality?
Answers appreciated.
I think we need to have some understanding of the price discovery process.
http://cgi.ebay.com/ws/eBayISAPI.dll....cWAT.m240.lVI
Since used Brioni blazers and jackets sell for three or four times that amount here, I was just wondering what is the explanation for such a low price on ebay.
Is it lack of trust in the seller, or the authenticity of the item? Is the fact that it is being sold on ebay for a low starting price an indication of dubious quality?
Answers appreciated.
I think we need to have some understanding of the price discovery process.








