Rapunzel pins on Ebay for Over $1,500 O_O
It's a UK seller that's why they are so high
Well, giving them the benefit of the doubt, I'll assume they meant 99.99 pounds, and then used the first auction as a template and didn't notice the price was wrong...
Yeah... That's gotta be it...
how diluted can one be to possibly think that someone would spend that on such simple pins?
I completely agree with you but I'm just pointing out that the Rapunzel Reveal/Conceal pin went for $1,800.00 by itself a few months ago so it is entirely possible this seller sees that pin and automatically assumes every piece of metal out there that has Rapunzel's body or face on it somewhere is worth that kind of money??? Not sure, but that's my best realistic guess lol xP
I think I've come across that seller before and no comment lol. Realistically, that's just way to inflated and greedy on the sellers part. I would be afraid of some bad juju pin karma to sell pins at those prices. Even with a currency exchange rate how diluted can one be to possibly think that someone would spend that on such simple pins? If you've got the money more power to you, but I know I would never be that foolish to spend that kind of money on a pin. Unless, it was made of solid gold and was guaranteed to retain such value.
LOL, and I don't even need to check who this is :lol: Their prices are insane!They also have a full set of Princess UK 2012 pins, I believe... just a little under £600! :rofl:
Anyone remember the TY Beanie craze in the 90's? People were spending hundreds or even thousands of dollars on them, today they go unsold on ebay for $9.99 and yes the same ones. There are very few mainstream non-sports collectibles that hold their value much less be sold for a profit for any significant amount of time and that is certainly something everyone should take into consideration before spending absurd amounts of money on anything. To think that pins are an investment is not a historically supported position. Buy what you love, spend what you can afford to lose and stop hoping that the market will support your dreams of making a profit should you decide to sell in ten years or whatever the plan is.
I can tell you I know several people with boxes full of "investments" that they will never recoup even the initial cost for. I may be older than the average collector so I have seen fads/hobbies come and go that some may not have ever heard about. A basic understanding of supply and demand kicks in and as demand increases so does production. How many LE 300's sit on shelves only to be marked down? 300!! That means that there are not 300 people interested in purchasing them so why would they make more? The PODM line was produced in 2000 because they found a niche that was desirable to a wider audience.
As many members can attest pin collecting is a hard sell to most. Spending hundreds if not thousands of dollars yearly for a piece of metal is not something that the average American either could or would do. They are chotchkies at best and the only real value lies in what we collectors think they are worth. Again what something is being sold for today is not necessarily what it will be in the future. I have seen more people pushed out of the hobby than brought in because of a small (less than 200) number of people that are attempting to inflate the value of a very small market. If there are only 300 pins and even 150 of them show up on eBay what does that tell you? From the 300+ MILLION people in the entire USA that is the interest? Look on ebay for LE 300 pins and see how many just sit and rot there, some for less than the original price. Even if you get someone new hooked on the hobby there is a definitive amount of time before they are disgusted with the re-sale market and just give up. Hobbies are supposed to be something you do for enjoyment, to make you happy in your free time and not something that seems to drive people crazy and hunting for blood!
P.S. Those pins will not sell and the seller will keep dropping the price until it is at the current standard demand price. There are also sellers on ebay that will sell fraudulently to show a "market trend" but rest assured they simply cancel the auction later to avoid the seller fees. Just say no.
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