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We haven't ragged on eBay auctions lately...

jay4321 said:
Bump for this little gem

http://www.ebay.com/itm/JACO-COLLECTIBLE/151349998084?_trksid=p2045573.c100033.m2042&_trkparms=aid%3D111001%26algo%3DREC.SEED%26ao%3D1%26asc%3D20131017132637%26meid%3D7d7be56142e142e1abc42fac98a43cba%26pid%3D100033%26prg%3D20131017132637%26rk%3D2%26rkt%3D4%26sd%3D111441726063

The auction is something, but the question/answer really showcases this guy's salesmanship

He stands his ground, that is for sure. I like the pic of Jaco is black and white. A little more evidence would be nice... just saying  :icon_biggrin:
 
The funny part is that there's a non-zero chance he's telling the truth, and is just clueless about eBay.

Even if it were a complete bass Jaco owned, which it's not, I don't know how you get to $50k. 
 
jay4321 said:
Even if it were a complete bass Jaco owned, which it's not, I don't know how you get to $50k. 

Right. The seller doesn't get to set the value of a thing, only the price. Ben Franklin famously said "The worth of a thing is the price it will bring." That's where the rubber meets the road. I could price my guitars at $125,000 apiece, but they're still only worth what people will pay.

A buddy of mine is funny that way. Thinks all his guitars are worth a fortune. Several years back, a number of them were stolen. No matter how much he argued, the insurance company kept pointing out what similar units sell for on the open market, which of course was dramatically lower. He's still pissed, but whaddaya gonna do? An '80s era Epiphone Les Paul or Guild SG copy just isn't worth much, no matter how much you loved it.

If our eBay friend is adamant about that price, he may find he'll own it for the balance of his life, at the end of which it will sell at auction for probably $250 or so.
 
Housing is like that. It's relatively easy to price real estate correctly, excepting some bizarre situations, but people virtually always have an inflated idea about their place. They heard a number 5 years ago or found some ridiculous number on a website and get it stuck in their head. I've been working with the same agent a while now and he tells me all the stories.

He's representing one owner across the street from a place that I just reno'd & sold. We weren't really comparable as her unit is bigger and has an extra bedroom than the one I had, yet she was upset that I sold "so low as it brings down other people's properties." She's done absolutely no improvements and is overpriced by almost 15%, which coincidentally is what she owes (what are the chances?). I had two offers and a contract in 14 days which got me 97% asking in a ghastly market, and she's 130 days on the market and frustrated the guy's not getting her any showings.


 
jay4321 said:
Bump for this little gem

http://www.ebay.com/itm/JACO-COLLECTIBLE/151349998084?_trksid=p2045573.c100033.m2042&_trkparms=aid%3D111001%26algo%3DREC.SEED%26ao%3D1%26asc%3D20131017132637%26meid%3D7d7be56142e142e1abc42fac98a43cba%26pid%3D100033%26prg%3D20131017132637%26rk%3D2%26rkt%3D4%26sd%3D111441726063

The auction is something, but the question/answer really showcases this guy's salesmanship

Still there
 
For a real hoot, read the q&a:


http://contact.ebay.com/ws/eBayISAPI.dll?ShowAllQuestions&iid=151349998084&requested=dreammerchant-2013&redirect=0&frm=2047675&ShowASQAlways=1&ssPageName=PageAskSellerQuestion_VI



 
I understand there are some deposed princes and other government officials in Nigeria who have more money than they know how to deal with. Perhaps there's a market there. All this guy would have to do is send them his bank account details, along with authorization to move a few K out to show good faith, and they'd probably give him 12.9 million dollars for the thing.
 
Might as well take fictitious money from a fictitious person for a fictitious bass.


My money's on "troll," actually.
 
jay4321 said:
Housing is like that. It's relatively easy to price real estate correctly, excepting some bizarre situations, but people virtually always have an inflated idea about their place. They heard a number 5 years ago or found some ridiculous number on a website and get it stuck in their head. I've been working with the same agent a while now and he tells me all the stories.

We had a valuation done in about January, where we were told that our leaky, draughty 2-bedroom apartment in a 100-year-old building in south east London was worth about $300k more than we thought it was, due to insane market conditions in London.

Needless to say, we sold up. We bought a 5-bedroom detached house, only a few months old, with a garage and a garden, and facing out on to open fields. And after we'd done that, we had about $215k left over, sitting in our bank.

The whole thing was a bit like winning the lottery really, with the only downside being that the people who work in London can no longer afford to live there, due to most of it being bought by foreign investors looking for that 10% pa return. I don't like that, but hey, I'll take it.
 
Yeah, or San Francisco.

But, good for you, Jumble! Did you have any idea, or were you taken by surprise?
 
And the answer is...  The "** Kramer ** Telecaster *RARE* American Classic '52 Butterscotch Fender Tele" is a Music Yo creation.  You can probably buy a better guitar today for $69.95.
 
Jumble Jumble said:
We had a valuation done in about January, where we were told that our leaky, draughty 2-bedroom apartment in a 100-year-old building in south east London was worth about $300k more than we thought it was, due to insane market conditions in London.

During the US housing bubble that was happening left and right especially in the peak years. A couple I know runs an appraisal company in Philly said people would call up thinking there was some kind of mistake, saying they just bought the place 5 years ago for $270k, and the appraisal would come in at $480k. And then a couple years later the opposite was true and they'd still call thinking there's a mistake.

That period and since was definitely a reality check for a lot of people. I grew up listening to a lot of super-casual advice about how home ownership was a safe investment and always better than renting, how you want to accumulate places and rent them out. And this advice was mostly from people who weren't homeowners or investors themselves, who couldn't tell you what cap rate is or what kind of ROI is actually realistic. They just assume you're making 30% profit renting out and printing money.

I don't know how to tie this all back in to that eBay auction smoothly, but yeah good chance the Jaco bass guy is trolling. To me he sort of comes across like a guy who's been smoking too much weed for 40 years and is only 94% there. Or maybe he's just playing longball and hoping to get so much attention that someone will bite at $2,500 down the road.

 
DavyDave53 said:

I've played on one of those, same finish too. A friend bought one used a long time ago and the bridge pickup had been upgraded beforehand but sounded good whatever it was. It was definitely a good guitar from what I remember except for the tuning pegs. This of course was back before I over-analyzed every aspect of construction of guitars.

One day he had a Squier (?) tele-shape neck and tried to jam it in the pocket but it didn't fit, so he hand-sanded the pocket and neck heel and just completely screwed the whole thing up and it didn't align right. It may not have even been the same scale thinking back on it. All because he didn't like the headstock.

He also had a Kramer Striker I think I've mentioned here before.
 
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