ANYONE GOT $750,000 TO SPARE?

[Bugaboo-migration]

Where did he say the offer was "just under $700K"???

 

He was responding to a post about the books not being worth $250K.

 

WTF? If I offer $1800 to someone, that could be construed as "under $2K". It's common usage, and when someone says "under $700K", it had better be between $601K and 699K.

 

Otherwise, if it's 280K, it's "under 300K"; if the offer's 460K, then obviously that's "under 500K". It's pretty easy to understand, as that's the way intelligent people converse.

You're spinning Joe.

 

Steve was replying to a post about the collection not being worth 250K and said that he knows for a fact that the owner was offered a large sum of money for it. All he did was clarify in parenthesis that yes, it was still under the $700K Buy-It-Now price.

 

Intelligent people would certainly NOT automatically take that to mean that the offer was "just under" $700,000....

....unless they have an agenda, and are just trying to set it up so they can say somebody was wrong.

[greggy]

Where did he say the offer was "just under $700K"???

 

He was responding to a post about the books not being worth $250K.

 

WTF? If I offer $1800 to someone, that could be construed as "under $2K". It's common usage, and when someone says "under $700K", it had better be between $601K and 699K.

 

Otherwise, if it's 280K, it's "under 300K"; if the offer's 460K, then obviously that's "under 500K". It's pretty easy to understand, as that's the way intelligent people converse.

You're spinning Joe.

 

Steve was replying to a post about the collection not being worth 250K and said that he knows for a fact that the owner was offered a large sum of money for it. All he did was clarify in parenthesis that yes, it was still under $700K Buy-It-Now price. Intelligent people would certainly NOT take that to mean that the offer was "just under" $700,000.......unless they just like to hear how arrogant they can sound, have their own agenda, and refuse to admit that they're wrong.

I've only heard rumours of a $500K offfer by Geppi. But...why list it at all if the offer is still valid? Would lose $$ on the fees!

[Bugaboo-migration]

I said it was a large sum and UNDER $700,000.

 

I know, and that obviously means $601K to 699K as an offer, with the end number being anywhere in-between. I didn't mean to state it was $699,999.00, but the number has to be above $600K.

 

Otherwise, why use "under $700K" if it's actually "under $600K" or "under $500K?

With that kind of flawed logic, then why would the guy start the auction off at $500K and take a risk at selling it for under the 600K to 700K he was offered. You're trying to insert words into peoples mouths that they never said.

[Bugaboo-migration]

I've only heard rumours of a $500K offfer by Geppi. But...why list it at all if the offer is still valid? Would lose $$ on the fees!

But how accurate is a rumor?? And one reason could be the hopes of getting two BSD's bidding against each other for it, or that someone will hit the BIN. It's a gamble, but greed is a strong motivator.

[greggy]

I've only heard rumours of a $500K offfer by Geppi. But...why list it at all if the offer is still valid? Would lose $$ on the fees!

But how accurate is a rumor?? And one reason could be the hopes of getting two BSD's bidding against each other for it, or that someone will hit the BIN. It's a gamble, but greed is a strong motivator.

Rumour is actually hearsay from the seller. Came from another local forum member. So...either the forum member is BSing or the seller was exaggerating? I trust the forum member so what's the story? No one is going to bid on it via eBay. Even Steve says that it's unlikely.

[Bugaboo-migration]

I've only heard rumours of a $500K offfer by Geppi. But...why list it at all if the offer is still valid? Would lose $$ on the fees!

But how accurate is a rumor?? And one reason could be the hopes of getting two BSD's bidding against each other for it, or that someone will hit the BIN. It's a gamble, but greed is a strong motivator.

Rumour is actually hearsay from the seller. Came from another local forum member. So...either the forum member is BSing or the seller was exaggerating? I trust the forum member so what's the story? No one is going to bid on it via eBay. Even Steve says that it's unlikely.

Then why are you worried about him losing dollars on the eBay fees, fool? I wasn't even talking about the books selling on eBay.....you brought it up.

[joe_collector]

Steve was replying to a post about the collection not being worth 250K and said that he knows for a fact that the owner was offered a large sum of money for it. All he did was clarify in parenthesis that yes, it was still under the $700K Buy-It-Now price.

 

Where did you get your diplomas, a Cracker Jack box.

 

I could imagine you geniuses in a business meeting, hammering out a contract. You'd have a figure of $2 in your cheap-hass brain and instead come out with an offer of "under $700K".

 

Me Bug, me make bug offer!

 

And BTW Einstein, the BIN is $750K.

[greggy]

Then why are you worried about him losing dollars on the eBay fees, fool? I wasn't even talking about the books selling on eBay.....you brought it up.

 

Oh...I could care less because I went to high school with the guy!

 

But...if the offer was valid, why risk it with your opening bid amount? I understand that adding a reserve will increase your listing fees but shouldn't the opening bid be high enough to cover the fees and you be at least well off?

[joe_collector]

Intelligent people would certainly NOT automatically take that to mean that the offer was "just under" $700,000....

 

Here's a quiz for the geniuses in crowd.

 

A guy gets a new job and states that his salary is "under $120K".

 

Would you think he's getting paid

 

a) any amount between $1 and up ,

 

or

 

b) between $110K and $120K?

[Bugaboo-migration]

Steve was replying to a post about the collection not being worth 250K and said that he knows for a fact that the owner was offered a large sum of money for it. All he did was clarify in parenthesis that yes, it was still under the $700K Buy-It-Now price.

 

Where did you get your diplomas, a Cracker Jack box.

 

I could imagine you geniuses in a business meeting, hammering out a contract. You'd have a figure of $2 in your cheap-hass brain and instead come out with an offer of "under $700K".

 

Me Bug, me make bug offer!

 

And BTW Einstein, the BIN is $750K.

That's all you got, Joe? That's your whole comeback.? You're made to look like an arrogant [!@#%^&^] in the forum again, and your response is to come back with your standard insult response?

 

You're trying to put words into Steve's mouth so you can come back later and sing praises about how right you were to the whole forum. You're even more pathetic now than you were before you left.......both times.

[greggy]

Uhhhh ohhhh....another flame war to happen!

[Bugaboo-migration]

Intelligent people would certainly NOT automatically take that to mean that the offer was "just under" $700,000....

 

Here's a quiz for the geniuses in crowd.

 

A guy gets a new job and states that his salary is "under $120K".

 

Would you think he's getting paid

 

a) any amount between $1 and up ,

 

or

 

b) between $110K and $120K?

You're still trying to twist words Joe and you're still looking like an insufficiently_thoughtful_person. I understood Steve's comment as just making it clear that the offer was certainly under the BIN price but was still substantial in response to the 250K figure that he was responding to.(yes, the figure was off from the BIN price but an intelligent person could get his meaning.....unfortunately, that lets you out).

[joe_collector]

That's all you got, Joe? That's your whole comeback.?

 

You do all the work for me, what with your exceptional command of mathematics.

 

And BTW Einstein, the BIN is $750K.

[Bugaboo-migration]

Oh...I could care less because I went to high school with the guy!

 

But...if the offer was valid, why risk it with your opening bid amount? I understand that adding a reserve will increase your listing fees but shouldn't the opening bid be high enough to cover the fees and you be at least well off?

Don't know what his reasoning is......but you seem to think the offer was valid......so it appears that he has one.

[greggy]

OK...to advert a flame way that is probably going to happen, Steve could have just said $700,000 to prevent the actual value from leaking out.

 

Sigh...who am I fooling? Flame war is going to begin!

[joe_collector]

I understood Steve's comment as just making it clear that the offer was certainly under the BIN price

 

Once again Einstein, the BIN was $750K, not the $700K you and Steve keep quoting.

 

Here's a link to the auction, though I'm worried the big numbers will confuse you:

 

http://cgi.ebay.ca/ws/eBayISAPI.dll?ViewItem&item=2190032404&category=67

[dam60]

1) Big swinging - term put forth on here by blazingbob to describe the exact attitude of some comic buyers who develop a reputation by dropping the hammer in a huge way for books they want. also applies to dealers who can back up their talk with their wallets

 

although for Golden age collectors, the more appropriate term would be SFD - shriveled flaccid...you know how it goes, fogeys...break out the Viagra if you want to get it up for this collection

 

FYI - for more info on the term "BSD" check out the great book "Liar's Poker" by Michael Lewis. This is by far the best book EVER written about wall street and deals with selling mortgages in the 80s. Michael Lewis still writes for Bloomberg now and again, although his articles are nothing compared to this book. It was an instant classic that has passed the test of time.

 

Truly stellar . . .

 

Liar's Poker

 

DAM

[Bugaboo-migration]

That's all you got, Joe? That's your whole comeback.?

 

You do all the work for me, what with your exceptional command of mathematics.

 

And BTW Einstein, the BIN is $750K.

Another quick witted response that further proves you're the second biggest jerk on this forum.........dwarfed only by ComicInvestor.

 

BTW Einstein.....Steve never said the offer was "just under 700K".

[BachelorOfComix]

[delekkerste]

Steve was replying to a post about the collection not being worth 250K and said that he knows for a fact that the owner was offered a large sum of money for it. All he did was clarify in parenthesis that yes, it was still under the $700K Buy-It-Now price.

 

Intelligent people would certainly NOT automatically take that to mean that the offer was "just under" $700,000....unless they have an agenda, and are just trying to set it up so they can say somebody was wrong.

 

I disagree. Steve's comment does indeed make it seem like the turned down offer was in the $600K+ range and I'm sure a lot of people interpreted his statement as such. That's exactly what my initial reaction was but I later realized that it must have been hyperbole on Steve's part. If such an offer existed, it's obviously between $250K and $500K because if it was lower than $250K, Steve would have had no basis to refute Hammer's post and if it was higher than $500K (before slabbing & eBay fees, no less), the seller would be taking a huge risk starting this auction below the offer price as there probably aren't more than 2-3 people who are realistic buyers for this collection at that price.

 

I can understand Steve's zeal to deliver a scathing response to Hammer, uh, I mean MrNice, but resorting to hyperbolic statements is not the way to do it, especially if the misleading statements reinforce to newbies & speculators the legitimacy of "investing" in comic books at ludicrous price levels.

 

Gene