Cool Shoes, Paraphernalia & Desiderata - Page 992  

Well that's the price he paid and I'm against flipping items acquired through this thread so I wouldn't offer more. ps: you're still a cunt

This is not a new technique. Asking an inflated BIN and then selling the item via "Best Offer"

There was a banned SF member who did that a few years ago. He would ask as much as $25,000 for an "item" and use the "best offer feature" to get people to overpay but thought they were getting a deal since they were buying for a fraction of the BIN price. Say what you will, he was a smart marketer that got top price for his items.

This is similar to what AngelLoBris is doing with the Valextra. I think the guy with all the Kiton shoes is missing the point with this technique. He loses credibility by claiming absurd MSRPs and the kind of people that are knowledgeable about Kiton will know this. He did have one Ebay auction with a $.99 start and no reserve for the Kiton shoes. I will be interesting to see what that auction gets.

Here it is. It's up to $355 with 6 days left.

It seems counter-productive for him to use both type of auction strategies. But then again, what do I know. I think I'll set up a snipe of $365 right now. They're not my size. But he claims an MSRP of $4290 and in the unlikely chance of my winning them I guess I could flip them

Edward Green boots ( Gallway) size UK 8.5 E Not toooooo bad a price. £299 BIN Used.

Or he could just post half of the bag and get his cat to use the other half as a litter box/ emery board


Seems like he got the point on these with the BIN although MSRP is grossly misrepresented like you said.

I think inflated BIN prices speak to the character of the seller and I'd likely not do business with them.

I tend to use an inflated BIN price only when I don't know the true market value of an item. This way I can hopefully get a few offers on the table and let the market dictate what the item is worth.
In theory, an auction can serve the same purpose but it is a tremendous risk with a lesser known brand like Valextra.

so this is where this buyer tactic stems from!! i have been listing BIN's that i think are still fair (i.e. well under half of MSRP) and have been getting pissed off when i get lowball offers (most recent was $200 on a brand new Belvest suit)

I know. I get offers at 50% of what I ask. No wonder these people feel the need to go so low. Thanks, scumbag SF sellers! The RJ's outta the bag now.

.,

$2,550 BIN Satin Bowling Jacket or "Best Offer"! It's great for framing though

Another bargain Bowling Jacket, $1,550 BIN or "Best Offer".

Flipping is fine if you found the item on your own. But it is contemptible to flip things you know only through these posts. Beware the stink bid.

It sickens me.

This makes a lot of sense. I generally favor true auction sales (for selling items), and think that with a site with as much traffic as eBay you are going to find your market value, and even occasional over-zealous buyer. You have greater protection from getting burned with a "reverse auction" of high BIN and fielding Best Offers.

On the other side, I think I agree with Bris that generally I find overpriced items indicative of the Seller being out of touch or delirious.

I agree. However, in this case, it is not that far out of touch with the market price for Valextra. I sold a Compasso D'oro bag for nearly $5,000 in April. The retail price is currently $11,800. (I am definitely a bit delirious, though.)

Edward Green for Brooks Brothers, $9.99 No Reserve

http://cgi.ebay.com/Vintage-Brooks-B...item33592690ba