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eBay flipping
Posted: Fri May 10, 2019 3:23 am
by Mumbleypeg
When I saw this G.W. Stone custom I thought it looked familiar.
https://www.ebay.com/itm/Rare-G-W-Stone ... %7Ciid%3A1. Did a little “sold listings” research and sure enough, it was just sold a few weeks a ago.
https://www.ebay.com/itm/Rare-G-W-Stone ... 7675.l2557
The new seller doesn’t even bother to take new pictures, and copied the original seller’s description almost verbatim. But now wants 3x what he paid for it.

I’m a big fan of Stone’s knives and all in for making a reasonable profit, but..............
Just proves it’s not what you paid that counts, it’s what it’s worth. Hope he gets it.
Ken

- B1C032BF-99C8-4BAF-B854-1490AAC9BAD1.jpeg (35.9 KiB) Viewed 1202 times
Re: eBay flipping
Posted: Fri May 10, 2019 9:51 am
by Steve Warden
There are people out there who can sell ice to eskimos.
And there are eskimos out there who will say they need it.
More power to 'em.
Re: eBay flipping
Posted: Fri May 10, 2019 10:55 am
by tallguy606
About 10 years ago, a guy was selling his late father's collection on Ebay. Lots of nice knives. I bought a genuine Stone with sheath for like $130. Kept it a while, then sold it on consignment for about $300. Sometimes things are priced way under the market by the first seller.
Re: eBay flipping
Posted: Fri May 10, 2019 12:13 pm
by markpreston
The luckiest I got was a box of "junk knives lot 7" for $25 shipped. In that box was a little red George Schrade pull button automatic pen knife that was damn near %100. I immediately listed it as a single item and got an offer of $275.00 on the 3rd day. I was thrilled. Sometimes eBay does work in your favor. A lot of my eBay knife buys have been rather so-so.
Re: eBay flipping
Posted: Fri May 10, 2019 2:19 pm
by Lansky1
I take alot of chances on ebay ... sometimes, they work out, sometimes they don't. For those that have wobble or weak snap not identified in the auction, I'll buff & sharpen them and take GOOD pictures so I can relist them (disclosing the deficiencies) ... with the hopes of just getting my money back.
Re: eBay flipping
Posted: Fri May 10, 2019 2:45 pm
by glennbad
I suppose it's their knife to do what they want with, but I still find it a little disappointing.
I think we have discussed a similar topic in regards to flipping of GEC small runs and SFO's. Now, that I don't think is fair, especially if a person never had a chance to buy one because they sold out quickly, then literally the same day as the sale or next, someone was flipping them at double or triple the retail cost.
Re: eBay flipping
Posted: Fri May 10, 2019 3:16 pm
by KnifeSlinger#81
I don't think there is anything inherently wrong with flipping. People do it all the time with knives and so many other things. I have done it. Nothing wrong with trying to make money honestly and as a bonus you get to experience more knives.
Flipping can be distasteful at times, like the situation with some of the desirable gec's or a situation like an old knife that is bought, cleaned heavily and wrongly advertised as mint with an inflated price. That kind of flipping leaves a bad taste in the mouth. In this particular instance I think it's pretty lousy for them to use the former sellers pictures to flip this knife, it also presents the question of whether they even have the knife or are they running a scam?
Re: eBay flipping
Posted: Fri May 10, 2019 3:28 pm
by rea1eye
Looks like he bid on the knife the last few seconds of auction.
I bet if you offered him $500 he would say he can't sell it for that because he
bought it for just a bit less than that.
If he did a lot of work on making the knife better I would feel much better about
that new auction.
Bob
Re: eBay flipping
Posted: Fri May 10, 2019 4:24 pm
by markpreston
Something similiar is going on in the gun collecting world. Old 1911's from military surplus are being released to collectors finally and guess where they end up on the same day as the lucky person who "won one" ? Gunbroker at incredibly inflated prices.Sigh.
Re: eBay flipping
Posted: Sun May 12, 2019 4:03 pm
by wlf
They are called pen hookers at the stock markets Glen.