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  #18  
Old 01-11-2002, 03:03 PM
dzrose93 dzrose93 is offline
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Join Date: Apr 2000
Location: America by birth ~ Georgia by the grace of God
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Okay, wptw, so if members of the orgs aren't buying the badges and collectors aren't buying them, then who is? Who's responsible for the sudden increase in price?

The fact that there are more non-collectors bidding on badges than there used to be doesn't mean that GLO members are driving up the prices.

Let me give you an example.

There's an XYZ badge up for auction.

An XYZ sister places the first bid.

A collector outbids her.

The XYZ sister bids again.

The collector outbids her again.

The price is too high for the XYZ to continue, so she calls up another sister and tells her about the badge. The other sister has a little more cash to spend, so she takes over the bidding.

The collector outbids the new XYZ.

The new XYZ bidder bids again.

The collector outbids her again.

The price is now too high for the new XYZ, so she contacts another sister and suggests that they pool their money together and bid. The other sister agrees and she takes over the bidding.

The collector outbids her.

The 2 sisters who have pooled their cash can't afford to spend any more money than they've already bid, so they have to drop out of the auction.

The auction ends. The collector wins.

When all is said and done, one collector has bid, and 3 XYZ's have bid. More non-collectors have bid than a collector (to explain your E-bay figures), but none of the XYZ non-collectors have bid against each other. The price, however, has still gone up and the collector has still won the auction.

Who do you blame for the increase?
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