Down here at the pawn shop

[gvidas]

Originally Posted by glatt

My problem is that I didn't (and still don't) know what the player was worth.

The whole thing is kind of fascinating to me, because when there is virtually no established market value, the buyer and I are basically making this up as we go along. We just set the value of this thing for future transactions.

Yup. Free Market sez you just proved your DVD player was worth $281.

A lot of the things we take for given are in fact fragile illusions.


In terms of ebay's cut, usually you can figure that low volume people are losing about 12% to ebay and paypal, high volume a few percent less. They take their cuts out of the total price (item + shipping), so I think I think glatt will end up with about $220-215 in hand.