LOOK price !!???

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

I was thinking that this banknote worth 500 $ ???

It is worth at least $500, but the seller wisely started bidding low to
attract attention and to keep his eBay listing fee to a minimum. It will
definitely reach $500+ before the auction is over.


On 2/15/06 2:53 PM, in article , "Asking"
wrote:

http://cgi.ebay.com/ws/eBayISAPI.dll...&ssPage Name=
STRK:MESE:IT

I was thinking that this banknote worth 500 $ ???

"Owen Linzmayer" wrote in message
...
It is worth at least $500, but the seller wisely started bidding low to
attract attention and to keep his eBay listing fee to a minimum. It will
definitely reach $500+ before the auction is over.



Hard to believe, but starting something really low does attract more bids
and it often goes higher than if you put a fixed price on it. Been there,
done that. Now I start everything at 99¢.

Absolutely true. If you list something correctly with all the right keywords
so that it will be found, it's stupid to start it high. Better to minimize
your listing fee, attract bids, which then attract more bids, and sometimes
you end up with a much better price in the end. But you have to be confident
that there's a large enough group of potential buyers to bid up the price.
If you have something with limited appeal, better to protect yourself with a
reasonable starting price.


On 2/16/06 6:31 AM, in article , "Sibirskmoneta"
wrote:


"Owen Linzmayer" wrote in message
...
It is worth at least $500, but the seller wisely started bidding low to
attract attention and to keep his eBay listing fee to a minimum. It will
definitely reach $500+ before the auction is over.



Hard to believe, but starting something really low does attract more bids
and it often goes higher than if you put a fixed price on it. Been there,
done that. Now I start everything at 99¢.