Half a croissant, on a plate, with a sign in front of it saying '50c'
h a l f b a k e r y
You think: Aha! We go: ha, ha.

idea: add, search, annotate, link, view, overview, recent, by name, random

meta: news, help, about, links, report a problem

account: browse anonymously, or get an account and write.

user:
pass:
register,


       

Cornering a market

Use eBay to corner a market for a particular item.
  (-3)
(-3)
  [vote for,
against]

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

Please log in.
If you're not logged in, you can see what this page looks like, but you will not be able to add anything.
Short name, e.g., Bob's Coffee
Destination URL. E.g., https://www.coffee.com/
Description (displayed with the short name and URL.)






       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
  


 

back: main index

business  computer  culture  fashion  food  halfbakery  home  other  product  public  science  sport  vehicle