How to steer the market: the case of the LOTR FS LE dealers
25 Apr, 2022
2022-4-25 2:48:00 PM UTC
2022-4-25 2:48:00 PM UTC
In the collectors' market (and not only) there are some really strange phenomena happening about how to legitimise the price (and indirectly the profit you want). We might even call them stratagems.
I will not draw any kind of conclusion (given the modrators' warning I received in the previous comment in the post " Dealers flipping books...").
Disclaimer: all information in the photos I posted is public through and available through ebay.co.uk.
The first strange phenomenon I observed after the limited edition Folio Socity sold out, which I remind everyone happened on the night of 22/04, was the posting of an ad containing the same book even before it was actually sold out.
In this way, this seller set an indicative resale price for himself and for other sellers (and thus for the domestic market) which, if no one had adopted this stratagem, would have had a lower price.
In fact, it was on the basis of this seller's price of £1,800 that most of the other advertisements (found in the post "Dealers flipping books..." and "Folio Society Alan Lee Lord of the Rings Limited Edition") were published.
Reference to the first image.
Another strange phenomenon concerns the publication of one ad, a three-day auction.
That auction ended for £1,700. The increase in value is almost double in just a couple of days, from £1,000 to £1,700. He probably relied on the previous seller's price of £1,800.
It is strange to see this increase, especially as at the same time there were at least 4 others at a value of between £1,400 and £1,600. It is also strange to see how this price is determined by two bidders, one of whom has 0 receptions. Even more strange is to see how that book is still for sale at the same dealer.
It will be for the third party to analyse the sales and therefore the average sales prices (Alright I'll shut up!)
Reference from the second to the fifth image .
I have temporarily deleted the sellers' names while waiting for your feedback and that of the moderators.
I will not draw any kind of conclusion (given the modrators' warning I received in the previous comment in the post " Dealers flipping books...").
Disclaimer: all information in the photos I posted is public through and available through ebay.co.uk.
The first strange phenomenon I observed after the limited edition Folio Socity sold out, which I remind everyone happened on the night of 22/04, was the posting of an ad containing the same book even before it was actually sold out.
In this way, this seller set an indicative resale price for himself and for other sellers (and thus for the domestic market) which, if no one had adopted this stratagem, would have had a lower price.
In fact, it was on the basis of this seller's price of £1,800 that most of the other advertisements (found in the post "Dealers flipping books..." and "Folio Society Alan Lee Lord of the Rings Limited Edition") were published.
Reference to the first image.
Another strange phenomenon concerns the publication of one ad, a three-day auction.
That auction ended for £1,700. The increase in value is almost double in just a couple of days, from £1,000 to £1,700. He probably relied on the previous seller's price of £1,800.
It is strange to see this increase, especially as at the same time there were at least 4 others at a value of between £1,400 and £1,600. It is also strange to see how this price is determined by two bidders, one of whom has 0 receptions. Even more strange is to see how that book is still for sale at the same dealer.
It will be for the third party to analyse the sales and therefore the average sales prices (Alright I'll shut up!)
Reference from the second to the fifth image .
I have temporarily deleted the sellers' names while waiting for your feedback and that of the moderators.
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