Half a croissant, on a plate, with a sign in front of it saying '50c'
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Cornering a market

Use eBay to corner a market for a particular item.
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It occurred to me when bidding for one of 25 games of Acquire on eBay: Could I play out a market corner on a very small scale.

I figure there were maybe 500,000 of these bookshelf games produced in the 1968-72 time frame. If 10% survived to today there are 50K around. eBay has 6 million users, say 10% of the US online population so maybe 5,000 games could be brought to market today. OF those maybe 20 % would be collecter quality. So, you accumulate the 1,000 games at an average price of $50. (Today the game costs $20-30. By the time you bought the 1,000 the price would have inched up to $100) Then, you have "cornered" the market. (I know if you try to sell them for $1,000 a piece then more would come into the market from people's attics). But you sell them at $150 and make 200% return on your investment.

eBay has many possibilities for experimenting with econ 101 :-)

netman2000, Mar 29 2000

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       Could you x-ray the Pokeman packs to see the Hologram cards?
netman2000, Mar 30 2000
  

       I'll bring my cloud chamber.   

       What about training a german sheppard to sniff out the special chemicals used to make the holographic card?
GeneticCrypto, Sep 21 2000
  

       thats one hell of a risk
phlegm, Oct 22 2003
  


 

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