Collection sold for 1 million

Discussion in 'Transformers Toy Discussion' started by tony77tony77, Nov 7, 2009.

  1. tony77tony77

    tony77tony77 Well-Known Member

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  2. Erector

    Erector I ruined the Hall of Fame

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    No, IIRC it went for around $50k. The guy who bought it had to remortgage his house to pay.
     
  3. Hyperoptic

    Hyperoptic G1-Junkie

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    Think that collection went for 40K...
    The 1,000,000 buy it now turned out to be a mistake or something...
     
  4. Hyperoptic

    Hyperoptic G1-Junkie

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    double post
     
  5. Starscream2008

    Starscream2008 Megatron sucks!

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    Yeah, it only went for 50K. I can't remember who the guy was, but he AFA'd most of the lot and is *still* selling the stuff on e-bay. lol
     
  6. Hyperoptic

    Hyperoptic G1-Junkie

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    Those boxes weren't even sealed
     
  7. tony77tony77

    tony77tony77 Well-Known Member

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    remortgage a house to pay for this? WOW! I wouldn't do that. Hope he get his money back on this.
     
  8. Malach Ra

    Malach Ra TFW2005 Supporter

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    ravishcollectibles on ebay.
     
  9. ryan.j

    ryan.j Well-Known Member

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  10. Sol Fury

    Sol Fury The British Butcher Administrator News Staff

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    Wow, now that is dedication.

    Personally I'd never put myself into that kind of financial position to own a few more toys, but that's just me.
     
  11. Erector

    Erector I ruined the Hall of Fame

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    Dedication or idiocy? Delete as applicable.
     
  12. Hotspot17

    Hotspot17 Search and Rescue: Vet

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    Idiocy. But that's just me.
     
  13. Ethereal

    Ethereal A Sad Flareon

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    I wouldn't call it idiocy, but I would say the man does need a priority re-adjustment.
     
  14. Hyperoptic

    Hyperoptic G1-Junkie

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    Funny... I say that about people who want kids. lol... It's a personal choice, and I respect it. Besides, if he has the time and patience to sell them off individually, he'll more than make up for it.
     
  15. ryan.j

    ryan.j Well-Known Member

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    it's not a case of dedication vs. idiocy - it's an opportunity to make a bit of cash flogging them.

    for the amount of work involced, if it pays off as an investment above ~20% then it was worth it, but if the only way of raising collateral was by remorgaging then he needs to be pretty bloody certain the market will hold. Plus he has the interest on the second morgate to take into account. below 20% it's a lot of risk, a lot of work and a lot of expense for very little profit- 10% of $50k isn't going to change anybody's life.

    personally, i wouldn't have touched them with a bargepole.

    i like my son more than my incomplete c6 soundwave. go figure.
     
  16. T-Logicon

    T-Logicon assembles the drones

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    If I was in a position to purchase that collection, I would. If I had enough disposable income and time to play with the process of listing and selling and negotiating, and shipping, I'd do it. I like selling things on eBay. Plus that would definitely fill in the few gaps I have in my g1 collection.
     
  17. tarZen

    tarZen Well-Known Member

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    I would think most people would have 50k spare cash in the bank, but that's just me. It's just dumb to have to mortgage your house for a bunch of toys. I've observed from these forums that too many people have strange priorities. The irony is that the people who spend all their time on Transformers will never make the money to buy as many as they want.
     
  18. Dran0n

    Dran0n Junk male

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    Either way, that's still a ton of money.
     
  19. Megatronwp38

    Megatronwp38 Megatron? Is that you!?!?

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    Seriously? Do you live in a fairytale world.
     
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    Batman The Dark Knight TFW2005 Supporter

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