http://cgi.ebay.com/ws/eBayISAPI.dll...=STRK:MEWAX:IT

That is just Crazy $809.00 [X(][X(][X(][X(][X(]

What so great about a old Cub Kit ??? 42 others thought is was the Greatest !!! LOL

I think that if things continue to go crazy they will start making Real Kits again and we will be happy again

Well it has happend before, they are re-issuing LP Records from the 1960's.. Enya did a run of Vintage Style engines that sold out !!!


My 5c Worth

Johnkpap

Holy ferschizzle! I gotta start going through some of my old junk. I suspect that some people on that site have multiple accounts so they can shill. (bid up their own stuff) Not saying thats happening here, but considering it is a pretty run of the mill die crunch kit, I wonder.

We are on the cusp of the world's deflationary spiral. Meaning; folks no longer believe in the monetary system and they are buying things on credit cards that they know they will never pay off. In the coming years, so many homes will be in foreclosure and so many accounts will be in default, no one will be forced to give up any of the goods they have collected on credit. The new economy will be bartering until the Amero is introduced and backed. The U.S. dollar will become a relic of the past.

Some folks are getting a headstart on the spending spree, apparently. I'm just repeating what I have been reading. Is it true? Who knows. I hope not.


Ed Cregger

i'm with dreadnaut. there is some interesting details on that item if you look at the bidders and their history.

Yeah something looks screwy with the bidding. But for a minute there,
there was only one word I could say when I first saw the bid price.

Ron

What THE! Does old balsa turn to gold?

Corvette prices are in the basement.

Crank

Let's see. Man #1 needs some "under the table" money. Man #2(a complicit friend) places ad on *Bay. Man #1 and Man #2 bid the price up to a very large amount. Man#1 pays man#2 his *Bay listing bill, man#2 gives man#1 an old balsa kit from the basement and there is roughly $800 now available for other uses. Could I be wrong[sm=49_49.gif]

So..... Are you man #1 or man #2

Old balsa must turn to gold

If that were the case, and I'm not saying it is, wouldn't it behoove an observer to report it? *bay makes a big stink about shill bidding and given IP addresses are fairly easty to trace/track it shouldn't be too difficult to determine whether or not it was potentially occurring with those bidders. Admittedly, I have seen only afew Sterling kits, I wanted the Minnie Mambo I saw because it was my first RC plane, bought for me by my Dad in 1965 and flown in 1972, butwhen it went over $125, I reasoned that some balsa,a new exacto knife, and a few #11 blades were much cheaper.Interesting observations though. I wonder what my twelve single stick transmitters are worth....hhmmm...

12?[X(]

I can see someone bidding that amount for a kit, if it was of particular interest to the winning bidder. Of course it would simultaneously have to be very interesting to another bidder for the bid to get so high. Back about 10 years ago I had been looking for some number of years for a battery powered Halibut submarine model. In the early 60s I had one. I always looked back fondly on those memories playing with that sub. To make the long story short, one happened on *Bay. I ended up getting the NIB kit for nearly $600. Was it worth it? The kit, no. The building and playing with that early 60s model, yes.

Well, actually 11, I just sold one.

Hi,

Winning bid on oneGraupner X 1200 Delta airplane some time ago on the famous site was 460 Euro = US $656
Winning bid onone Graupner Caravelle (old kit - it is avaliable as ARF also today) was on same site some time ago 400 Euro = US $570

Worth it?
Probably to a collector since they are rather rare kits.
I can imagine if two or more collectors withmuch money in their pockets bid on each othera kit can be very expensive.
Or how about this vintage radio control robot: 1950s Japanese MASUDAYA RADIO CONTROL RC Robot - Buy it now US $21 500.


/Bo

Collectors can do some crazy things to fill in a hole in a collection. Look at what a NIB HotWheels car from the late 60s can bring. Filling a hole is more important than how good a kit is. It is more about possession and rarity than quality.

Somewhat true. Quality is still a very important factor. I admit that I once bid up a 1968 issue of American Aircraft Modeler in fair shape. I did it to replace the issue got me hooked on flying models. I had my mother buy it for me off a grocery store magazine rack. The cover was a gorgeous three view painting of the Gee Bee R2.

This seller was selling a lot of them at $5-$10 a copy. I paid $25.

David I agree with you on the unusual bidding events on this item.
Terry

I don't think I follow. Is there a business deal in this? It seems to me that man #1 is still short $800 less some balsa he acquired. Why all the hassle? It's just as easy to make a hand transfer and it amounts to the same. It's not like there is "under the table" exchange of cash going on.

I think a man #3 is required. In other words, unless a third party is involved who is willing to pay top dollar for some gold balsa, neither man #1 or #2 stand to gain anything from the transaction.

David.

Maybe they were trying to hide some dollars from Mrs. Man 1 or Mrs. Man 2. Otherwise I agree David, doesn't make sense or seem to be worth the bother;to con someone there have to be the unwitting third party.
hook

All these guys are trying to say is this: You have an item listed, there is bidding and others are "watching" (ebay informs you of this), but the auction is half over and it is not being bid up as high as you'd like. You call or email a friend who also uses the site and ask him to whack your item for $100, $200 or whatever you think won't scare away the other interested parties. Usually it works if you have desirable item. In the event the other bidders shut down and your friend winds up high bidder you void out the deal and re-list. You may lose your insertion fee, but that isn't significant except in the case of motor vehicles.

If that's thecase it's shill bidding and someone is getting torched. Why not just set a reserve price tomaintainintegrity.

It is EXACTLY shill bidding. I didn't say I endorsed the practice...only that I understand how it works.

Setting a reserve price does nothing to stimulate bidding. Shilling does.

I bought my current house at an estate auction 12 years ago. I am convinced the last guy bidding against me was a shill and he cost me about 12 grand. He and the auctioneer could tell when I was reaching my limit, and he dropped out just before I would have. It's actually a lot easier to do it in person but it still works in online auctions too.