The Ebay experiment - high quality Asian art on Ebay
A very entertaining experiment with a high-quality rhinoceros horn cup (Libation Cup).? was carried out by Auctionata on eBay USA It was an impressive way the weaknesses of Ebay, as it is today
The short form of the experiment..
The high-quality cup was of a supposedly totally unsuspecting seller with a starting price of 0.99 USD the U.S. Ebay site set. The description was so vormuliert that he gave the impression that the seller did not even know that this was rhino horn. He wrote that there are probably a different species than the stand on which the cup is.
led in reality an estimate by Christie's in advance of the experiment an approximate value of the cup of 60,000 / $ 80,000.
The question was whether the article would be found on Ebay, whether the seller would be informed about the true value of the cup from an Ebay member and whether he will be sold in anywhere near the amount of the estimated value on Ebay could .
The result was devastating. For an attempted zalreiche interested to persuade the seller to sell them to the cup once. With flimsy reasons such as "I urgently need a birthday gift for my father" or the like, hoping the prospects that the sales people to bids outside of ebay about 500, - dollar would get involved. Really votes Gobots reached a height of just 50, - dollars. As was the auction on Ebay from the seller, however prematurely, went off the bidding war. Private and independent of eBay some potential offered up to a height of 43,000 USD for the cup.
The experiment has clearly demonstrated that an ignorant seller who offers a good object to Ebay lose possibly can. On the other hand, it also showed that wealthy Interested parties are certainly to be found on Ebay, although they basically have nothing else in mind than to beat a brazen bargain.
Here is the original description of the experiment by Auctionata.
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