$300K Mb Ebay Find

[Mulrich]

This showed up in my eBay recommendations: https://www.ebay.com/itm/EXTREMELY-RARE-2003-MONTBLANC-ATELIERS-PRIVES-JOHN-HARRISON-DAY-3-FOUNTAIN-PEN/222648339989?

 

I dont know what Ive done on eBay that makes their algorithm recommend this for me but maybe I should spend less money on the site.

Something tells me the seller might benefit from trying a different sales platform.

[penzel_washinkton]

Only offered to the most decorative ebay FP buyers

[Ghost Plane]

Putting that in the line for a nib swap would be a pain.

[Chrissy]

Putting that in the line for a nib swap would be a pain.

 

That made me laugh.

 

Amazingly the pen has free shipping to UK. Customs fees would bump the price up though

[Honeybadgers]

Yeah, that thing has not tripled in value since it was sold.

[Mulrich]

Yeah, that thing has not tripled in value since it was sold.

 

The same pen was listed by the same seller on eBay in 2014 for $250k, which works out to ~4.6% appreciation per year. If the pen were listed for $100k in 2003, the appreciation would be ~7.5% per year. These would be terrific returns is he could actually sell the thing.

 

Considering the pen didn't sell in 2014 for $250k, the seller seems crazy listing it for $300k today.

 

The listing allows for offers so I wonder what he would actually take for it.

[KellyMcJ]

I can't imagine trying to sell something like that on eBay IF it's what the seller claims it is. I have to wonder if it's even genuine, although I would think a counterfeiter wouldn't try to sell the pen for $300k.

The kind of people who spend $300k on a Montblanc shop at Christie's, not eBay. Unless of course, there's some reason that it cannot be sold at a more legitimate auction house.

 

So many questions, so few answers.

[Ghost Plane]

If I needed to launder a large sum of money, how might I might I go about it? Hmmm

 

This is a step above the $1600 paperbacks that occasionally change hands on Amazon.

[Parker51]

It will not sell as it is way overpriced, unless this is a bargaining position. Some people do throw out "joke prices", say ten times what they are willing to accept for an item. If the acceptable price is actually a tenth identified, then someone might buy it, if they believe that a very high priced limited edition pen such as this might eventually reach it's origonal selling price, with the idea being eventually as in a few years, or they might want it for themselves at that price, but anything more than a tenth of the listed price is extremely unlikely to sell. The most I would consider is literally a tenth of that at around $3,000.00.

[DPWilliams]

I got mine for way less on Craig's list.

[Ghost Plane]

I got mine for way less on Craig's list.

 

[Charles Rice]

"The most I would consider is literally a tenth of that at around $3,000.00."

 

Is this the new math?

 

 

[Honeybadgers]

"The most I would consider is literally a tenth of that at around $3,000.00."

 

Is this the new math?

 

 

 

 

Joke aside, he's not wrong. Chinese junk peddlers do this all the time. Look up any of the chinesium watch brands and they'll all be on "sale" for like sixty bucks, with an "MSRP" of like six hundred. But if you look around, you'll realize that it's sixty bucks everywhere. all the time.

[Mulrich]

"The most I would consider is literally a tenth of that at around $3,000.00."

 

Is this the new math?

 

 

 

Read the comment again… It's a little clumsy, but the math is right.