I took a couple of years off, basically, from eBay when collectibles kind of tanked after the “panic” of 2000. By 2003 it just got where it wasn’t worth putting anything on for the return on investment.
I started buying on eBay in 1998, and found antique photographs to be severely under-priced. I snapped them up for nearly a year and then it seemed I couldn’t buy them anymore. The prices got too high.
So, I started putting them back out for sale on eBay and ended up turning a tidy profit. There were still lots of bargains out there, you just had to scrounge around odd areas of eBay and look for things that weren’t described right. This turned items like the “pair of brothers in school uniforms” for $50.00 into the Confederate Texas soldier brothers that sold on eBay for $1100.00 in 1999.
If you are industrious, you can root out categories that are still underpriced and buy in them. I’m told by my inside sources that old vinyl records are depressed on eBay right now and a great buy. Unfortunately, I don’t know enough about them to pursue that. But I did go through several categories over the past years like coin silver, glass, pottery, coins, and lamps - buying while the buying was good, and selling when it got too high to buy anymore.
And that’s where we seem to be now. I can’t seem to buy a damned thing on eBay now, so I’m going to start putting it out again. If you have any interest, go have a look at my auctions. Just click this link and I’ll see you there!
Friday, January 27, 2006
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