The seller lost £10. That is, he sold it for £10 less than he bought it for.How did it end? I.e. How much?
Many eyes roam eBay, so depending on what platform you bought it on, say Etsy, then if you got it at a decent price, then you might be able to turn a profit. Just remember with the eBay, there are fees on fees, and then a couple of more fees (regardless of what eBay will tell you, plan on 15%), and then shipping. Also, if you put "Or Best Offer" tag on it, get ready for low-ball offers. You could have it listed for a penny, and someone will try to talk you down. Actually, I buy several of the pipes I sell on eBay, clean them up, and relist them, and turn a profit. So it is possible.That might be true except these are two different auction platforms (the first wasn't eBay), so it's very likely they have very different audiences, and it's also very likely that the pipes will sell for approximately double on eBay. It certainly might be a 'flip' for purely monetary reasons.
That would defend on your definition of real money.Possible to make some fine deals, earn a bit of scratch, but nobody makes real money in this arena. Nor holding pipes as an "investment".
Great Estate is one person. I'm sure with his volume, those Ebay sales are reportable. Same for Rob Cooper (coopersark). I doubt they clear $50k, if that's the definition or real money. TheSecondHandSmoker, is also a big power seller, but he works with his son.Talking about an individual, Al, no employees to pay, no taxes. There is no one.
I've bought Savinellis for $5 a pipe, and the only thing I've had to do was give them a light cleaning. Scored a couple of Dunhills in different lots for around $15. I try to go after lots, and try not to pay more then $10 a pipe. There has been a few times where I've gone as high as $30, but not often.It would seem foolish to me unless you recognized for having value but was so poorly listed by a guy with no real reputation for selling such an item. Maybe then you might get a pipe cheap enough to make a profit after offsetting for eBay fees for sale. But I don't think so.
That it is, but once you hit a rhythm, you'd be surprised how many pipes you can get listed.833 pipes a year/52 weeks=16 pipes per week to restore, clean, advertise, photograph, address, box and ship, invoice, followup, keep records, pay freakin' taxes. Yeah, possible but what a grind!
Thanks for the info.