@enolak wrote:
I even saw a $50 Xbox gift card listed for $1000 once. That's ridiculous!
It got your attention, though, and you may just remember more about that listing than you do your every day, average priced ones, which is sometimes exactly the point.
There are sellers who list items are ridiculously high prices, never expecting it to actually sell for that, but it does draw attention (people will look at it just to see what's so special about it, and since they're there, they might look at other items the seller has). People on and off eBay also draw attention to these listings for the seller, by posting threads or comments exactly like yours, though usually linking to specific items or sellers. ๐ Occasionally there's even small competition between sellers over who can list the most expensive [whatever].
More often than not, it costs the seller exactly $0 for this kind of advertising (I don't do it myself, just saying I've witnessed what can sometimes happen when other sellers have).
Yet other sellers actually have no idea what they're listing, or so it would seem, they upload massive catalogues of items via file exchange, and pricing seems completely random.
That's if the sellers have stores or at least regular listings, anyway. If they're just one-off listings and it would appear the seller is actually trying to sell it for that amount, then I have no idea.
