@GizmoModelRailway posted:Hello all,
First post, been lingering for a while around the forum but recently decided to sign up. I haven’t really had a reason to post before now, but this one seems to be a good start.
FWIW, this was my auction. I started it as a traditional auction at a very, very reasonable starting bid of $349 for a new in box unit, less than the MSRP. I never, ever, ever imagined that it would sale for the price it did. And honestly, based on the bids, I as well didn’t expect it to be “real” and there must have been some sort of “bot” or something that got carried away. I told the wife that night it had to be some sort of mistake and I’ll end up having to re-list it.
But the next day, the buyer paid. The item was shipped, and all was well. Money in the account. A bit wild even in my opinion.
As stated in other threads, items are what people are willing to pay. Two people seemed to go back and forth and this was the result. Never had any intention to “gouge”. The market went nuts after the cab3 announcement and after several statements from Lionel that they weren’t going to make the Cab2 again (on a catalog review podcast and then not listed in new catalog.)
As well FWIW, another I sold a couple weeks later went for half this. So, the market is up, but this seems to have been a “fluke”.
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Gizmo Model Railway
Welcome aboard. Thanks for the insight to the auction.
