Ebay DUmmies discuss ripping other people off by profiting

[BattleHymn]

http://www.democraticunderground.com/10261417

Profits aren't profits when THEY make a profit. 

Fri Mar 11, 2016, 12:27 PM
TeamPooka (7,571 posts)

Have you ever bought something on eBay, then turned around and sold it on eBay and made money?

I won an auction for a set of art prints from 1974.
I was shocked that I won the auction for $75 plus $19 shipping.
They usually go for a lot more.
I received the prints, waited a couple weeks, and listed the whole set for $650.
They sold to France within 18 hours.
Shipped out yesterday
Thank you eBay!

You ever done anything like that before?

Sun Mar 13, 2016, 01:13 PM
Vinca (29,076 posts)
1. I did that once a few years ago.

I was searching for local memorabilia to buy and sell locally and a doll popped up that turned out to be one of the first of some very collectible dolls that originated in the town but are no long made there (R. John Wright dolls). For some reason, the seller didn't highlight the maker and I won the auction for $35. I held onto it for about a year and eventually sold it on ebay for $1,200.

Fri Mar 18, 2016, 12:51 AM
Star Member grasswire (49,934 posts)
2. some people sell things on eBay before they even own them.

They go out to a sale with smart phone in hand, take a picture of something desirable and list it on eBay right then and there. If someone is interested, then they buy it.

Fri Mar 18, 2016, 12:23 PM
TeamPooka (7,571 posts)
4. did not know that one. Interesting.

Did you know that some people make up stories about having a pie shoppe before they have them.  Did you know that? 

Wed May 25, 2016, 08:11 PM
blondie58 (2,548 posts)
5. My daughter and i ran an eBay biz.

We would always shop the close outs at Target.
We bought a snowman drink dispensar once for under $20.
We sold it for $70 something after a couple of women got in a bidding war.
It was so much fun!

Profits for me, but not for thee.

[Carl]

Gee,wonder if they will pay their capital gains or income taxes on it.

[Delmar]

Sun Mar 13, 2016, 01:13 PM
Vinca (29,076 posts)
1. I did that once a few years ago.

I was searching for local memorabilia to buy and sell locally and a doll popped up that turned out to be one of the first of some very collectible dolls that originated in the town but are no long made there (R. John Wright dolls). For some reason, the seller didn't highlight the maker and I won the auction for $35. I held onto it for about a year and eventually sold it on ebay for $1,200.

That's nothing--I bought Obama for what he's worth, then I turned around and sold him for what he thinks he's worth.  I'm rich.

[RobJohnson]

Gee,wonder if they will pay their capital gains or income taxes on it.

Or report the income to welfare

[franksolich]

Gee,wonder if they will pay their capital gains or income taxes on it.

 

[I_B_Perky]

Gee,wonder if they will pay their capital gains or income taxes on it.

Or report the income to welfare

Taxes are for evil conservatives.

[ChuckJ]

Fri Mar 11, 2016, 12:27 PM
TeamPooka (7,571 posts)

Have you ever bought something on eBay, then turned around and sold it on eBay and made money?

I won an auction for a set of art prints from 1974.
I was shocked that I won the auction for $75 plus $19 shipping.
They usually go for a lot more.
I received the prints, waited a couple weeks, and listed the whole set for $650.
They sold to France within 18 hours.
Shipped out yesterday
Thank you eBay!

You ever done anything like that before?

If the DUmmie was NOT a hypocrite wouldn't it have freely distributed the prints to the art print needy in its community?