#283569
Sun Nov 06 2011 07:53 PM
|
Joined: Sep 2007
Posts: 19,380 Likes: 984
Veteran Member
|
OP
Veteran Member
Joined: Sep 2007
Posts: 19,380 Likes: 984 |
RANDY
|
|
|
|
Joined: Oct 2007
Posts: 12,282 Likes: 12
Veteran Member
|
Veteran Member
Joined: Oct 2007
Posts: 12,282 Likes: 12 |
WOW! $3025 and time left!
Everything Cities Service Specializing in old Gas Pumps kwfrith@gondtc.com Cell#-701-739-6133
|
|
|
|
Joined: May 2010
Posts: 2,357
TBA Feature Host
|
TBA Feature Host
Joined: May 2010
Posts: 2,357 |
I was talking to another member who collects strictly Texaco about these signs. I just can't see them command this kind of price. It is a rare sign but both of us could not see the where the value is. jm2c
The most valuable commodity I know of is information-Wall Street
|
|
|
|
Joined: Dec 2010
Posts: 206
Petro Enthusiast
|
Petro Enthusiast
Joined: Dec 2010
Posts: 206 |
WOW, I thought these were worth about $500, but I guess some people will pay whatever it takes!
|
|
|
|
Joined: May 2010
Posts: 2,357
TBA Feature Host
|
TBA Feature Host
Joined: May 2010
Posts: 2,357 |
But then again it's eBay and who knows if those are "real" prices.
The most valuable commodity I know of is information-Wall Street
|
|
|
|
Joined: Dec 2003
Posts: 3,548 Likes: 20
Veteran Member
|
Veteran Member
Joined: Dec 2003
Posts: 3,548 Likes: 20 |
James: I will take all you can get for $500 a piece. LOL This is one of the "holy grails" for us Texaco collectors. That is one of the nicer ones I have seen. Don't think I would go that high, but every bit of $2000+. In my opinion.
Alex Looking for Texaco and Power Gasoline items
|
|
|
|
Joined: Jan 2004
Posts: 1,377
Veteran Member
|
Veteran Member
Joined: Jan 2004
Posts: 1,377 |
I have seen at least 5 of these sell for $2800 to $3200 within the last 5 years. The condition on this one is very nice.
Bill Fortune
|
|
|
|
Joined: Oct 2000
Posts: 22,780 Likes: 5
Veteran Member
|
Veteran Member
Joined: Oct 2000
Posts: 22,780 Likes: 5 |
Years ago a friend was selling one, wanted $750, I offered $500. He said IF DB wanted it it must be worth More. He sold his on ebay for $1750 then rubbed it in my face!
Won't be long before you'll be able to get one from Argentina or India!
|
|
|
|
Joined: Dec 2003
Posts: 3,548 Likes: 20
Veteran Member
|
Veteran Member
Joined: Dec 2003
Posts: 3,548 Likes: 20 |
"Won't be long before you'll be able to get one from Argentina or India!" Dick is absolutely corrrect about that. Crying shame.
Last edited by Alex; Mon Nov 07 2011 08:50 AM.
Alex Looking for Texaco and Power Gasoline items
|
|
|
|
Joined: Aug 2007
Posts: 2,089 Likes: 1
Veteran Member
|
Veteran Member
Joined: Aug 2007
Posts: 2,089 Likes: 1 |
I too sold one of these in the same condition about 3-4 yrs ago, if I remember it brought in the $3000 - $3500 range,,they are a nice sign, anyone who doesn't think they command this kinda money don't appreciate great signs,,JMO
Wes.......
|
|
|
|
Joined: Jan 2002
Posts: 742 Likes: 1
Petro Enthusiast
|
Petro Enthusiast
Joined: Jan 2002
Posts: 742 Likes: 1 |
This is a great sign, but like others I have a hard time seeing the value of a pump plate with no special graphics or art work being worth over $3,000.
I collect exclusively Texaco, but someone will have to explain to me why this pump plate in general demands a price so high. I understand it's rare (and so is a 8x12 Diesel Chief sign) and it is a different color, but the design is the same as the three other diesel signs Texaco used(Diesel Chief, Diesel Chief L, and Diesel Chief 2, and I'm not counting the reverse Diesel Chief red sign).
What makes it a "great sign" worth so much?
Jamie
|
|
|
|
Joined: Dec 2010
Posts: 73
Active Member
|
Active Member
Joined: Dec 2010
Posts: 73 |
I hate to state the obvious....but the fact that more than 1 or 2 people are willing to pay that price makes it worth that. I read people saying I think this piece is worth only so much...well, to me, that really means, those people would only pay that....and not more...things don't sell more than once or twice for more than the market value....that's where that term comes from? Especially on ebay, lots of people here talk about shill bidding...and insinuate that some things on ebay don't sell for "real prices"...maybe I'm missing something...but what good is it for a seller to have his item sell for a high price, if he doesn't get it? I understand the concept of shilling an item up, but if it ends with a fake bid...that sounds pretty dumb, unless there is something I'm just not getting?
Last edited by ebaygenious; Tue Nov 08 2011 11:47 AM.
|
|
|
|
Joined: Dec 2003
Posts: 3,548 Likes: 20
Veteran Member
|
Veteran Member
Joined: Dec 2003
Posts: 3,548 Likes: 20 |
Ebaygenious: I am not implying these people are shill bidding, but one example can be that a shill auction will run the price up and then, when the auction is over make an offer to the second or third place bidder who had high bids to see if they want one. The "reason" they give sometimes is the buyer backed out or they have a second one. That would be a little harder on this auction (to have the second one that is) because the picture shows in great detail the item.
Now, having said that, if someone does offer you an item becuase they have more, doesn't mean they are a shill bidder. I have done this with Texaco items, oil cans, etc where I have duplicates of an item. But, the risk of shill bidding on ebay is very, very real. Again, I am not implying that this particular auction is guilty of anything.
Last edited by Alex; Tue Nov 08 2011 01:11 PM.
Alex Looking for Texaco and Power Gasoline items
|
|
|
|
Joined: May 2010
Posts: 2,357
TBA Feature Host
|
TBA Feature Host
Joined: May 2010
Posts: 2,357 |
Shilling is used to manipulate market values. Notice after a run of the mill item sells for a high price others show up right after at a slightly discouted price compared to the high price one and people think they are getting a deal. Its like walmart...You think if you buy an item there its the lowest price around....Most of the time it's not...It's all about perception.
The most valuable commodity I know of is information-Wall Street
|
|
|
|
Joined: Dec 2010
Posts: 73
Active Member
|
Active Member
Joined: Dec 2010
Posts: 73 |
Ebay has put so many automatic red flags in place, shill bidding is not nearly as common as what people on this site believe. I'm not saying it doesn't happen...but not near as much as what most people on this site think. And, something would have to be a very rare item to use one auction to manipulate an entire market of them...and if something is that rare...how can there be a big market of them to manipulate? I don't get that theory at all? Guess I"m missing something? If a run of mill item sells huge, it is human nature for people who also have one to want to sell it and get a big price for theirs...it's also human nature for people not to bid as much as they did on the first one, because they are seeing more of them than they might have thought were for sale....pull out 1 of something at a swap meet and I bet you get more for it, than if you pulled 3 or 6 of them out at the same time.
|
|
|
|
|