Marketwatch: Silliest Ebay Auction Ever (Update)

LamSXFind.jpg

[update January 1, 2014] I got an email from Rudy P. who was the lucky guy who ended up with this scooter (though it went through others before he got it). He's now in the process of a nut-and-bolt restoration on it. It is now in bits awaiting paint. I can't wait to see the finished product. It looked to be a nice straight scooter, so the restoration should be pretty straightforward.

[original post June 16, 2011] This is one of those rare Ebay moments, when the quickest draw gets a super deal. Here we have some longtime owner who didn't know what he had, and put, what could be described as a "barn find" Lambretta SX200 up on Ebay. Now normally, if the seller knew anything about how Ebay worked, he would have just run a normal auction. However, for some reason, he put a Buy-it-now of $1500 for this scooter. What a deal! What strikes me as totally insane is that you can see that there were a total of five bids on it. So that means that four people saw the ad, and did not hit the $1500 buy it now, but bid below that. I think we can safely classify those people as dumbasses. I feel sorry for the seller, who if he would have run a normal auction would likely have gotten around $4000 for this scooter.