Way "Huge" ebay prices...

[elambo]

A Camel Toe that couldn't get past the reserved price (somewhere above the $1100 range) a few days ago is now, oddly enough, going for over $4000 during it's 2nd attempt to be sold! There are six days left for this auction. Can anyone offer a few drops of sanity and explain how this is possible?

A 2nd one, with a higher SN#, is going for over $3k with 2 days left.

Has the time come that these pedals are being removed from the pedal boards and placed behind glass protection?

 

[JakeELee]

These people seriously need to get a grip.

 

[rawkguitarist]

Do some research; find out what the determinants of the demand are for this Way Huge pedal. Likewise, determine the determinants of supply. Use what you've found, to put the supply and demand curves on a graph, wherever they intersect is the equilibrium price.

The basics of supply and demand...

OK... have these pedals actually sold for this high price? If not, equilibrium hasn't been met, and a true market has not been created. It only takes one seller and one buyer to create a market.

 

[GREATPHARO]

I just sold that CAMEL TOE 001 2 weeks ago for half that price. I had it up for sale for over a month. I would say something shady is going on with the ebay auctions for these things.

 

[JohnLutz]

Ok, so I'm the one with the CamelToe 001 listed. I bought it a month ago hoping to put it in a vault and leave it there. Since then my wife decided we need a new fuel efficent car and said the pedal has to go.

Here's what happened with the first auction. eBay now offers some "Buyer Blocking" options. I checked one to filter out non-paying bidders and one to filter out non-US bidders. After the auction started, I was flooded with e-mails asking for approval to bid. Eventually I found out that eBay interpreted my two option checks as meaning that I wanted to pre-approve *every* bidder. That was definitely not what I wanted. I tried changing the buyer blocking options but they wouldn't let me. The only way I could remove the pre-approval nonsense was to cancel the first auction and relist.

I filed a complaint with eBay about the buyer blocking options being very unclear and they have since refunded the listing fee for the first auction.

The latest auction is completely legit. There's nothing shady going on.

 

[Cary Chilton]

VERY FUNNY STUFF!!!!! ESPECIALLY WHEN SO MANY CRITICIZED MY THREAD ABOUT THE STEPHENSON STAGEHOG THAT I WAS STOKED ABOUT (and finally ordered yesterday) BECAUSE IT WAS 600 USD!!!!! BUT I GUESS THE WAY HUGE MUST BE BETTER!!!!!

 

[agentcooper2001]

good lord, the only thing worse than typing in all caps, is typing all caps in bold

 

[Cary Chilton]

sorry about that folks. I am not much of computer nut, so I missed that one

 

[ryanspeer]

eBay is a quirky marketplace at times for sure. I remember last year at some point when I was starting to look for a Barber Tone-Press. A guy had one listed with a starting bid of $90.00. I didn't yet have the cash to bid, and as I tracked the auction it went all the way to the end without even a single bid on it. And don't forget that $90 is a pretty great steal-of-a-deal on a Tone-Press. The guy promptly re-listed it and apparently everybody else that was watching it came up with the money a week late - just like myself - because the bidding immediately started and I think it finally ended at $135...

eBay can be an odd place at times...

I remember one of my first-ever sales was an old Korg Bass guitar multi-effects pedal. They were going for approximately $30 used (something like 4 years ago). I listed mine with the expectation of getting maybe $30-ish, and over the course of the last day of the auction, bidding shot clear up to $91! The following week nothing was getting more than $35 still... Oh well - more money in my pocket.

Gotta love the rules of supply and demand!

 

[Addicted toEF86]

Originally posted by georgeandleo
VERY FUNNY STUFF!!!!! ESPECIALLY WHEN SO MANY CRITICIZED MY THREAD ABOUT THE STEPHENSON STAGEHOG THAT I WAS STOKED ABOUT (and finally ordered yesterday) BECAUSE IT WAS 600 USD!!!!! BUT I GUESS THE WAY HUGE MUST BE BETTER!!!!!

Supply and demand, my Taiwanese friend. Way Huge is a defunct company with no more new pedals being made, and some famous people have used their pedals jacking up the prices in the process. Same thing with Lovetone. Nobody really knows anything about the StageHog (yet). So if it's $600 today, maybe it'll be around $1200-2000 once they go out of business and if someone famous uses it.

Please tell me that you knew all of that and decided to be a jackass anyway.

 

[pacomc79]

If you can get 4K for a steel box with some electronic doo hickeys in it more power too you, I tend to feel like 10 years later, there are many more ways to skin the same cat.

Way Huge is very cool but who knew they would be such an investment?

 

[Don Rusk]

Well it cant go on too much longer without someone making fakes and flooding the market with them... there are no obsolete parts or tecniques in them so ~~~~

 

[BmoreTele]

I can't think about the Way Huge and Lovetone pedals the same way I think about the pedals in my rig.

I use my pedals. I step on them and put them in boxes with other pedals and shake them up and get them scratched and plug the cables in backwards and plug them into the wrong voltage power supply.

If I decide to sell one of them and somebody really, really wants it, I might get back what I paid for it, or trade it for something that I really, really want.

The Way Huges and Lovetones are not pedals. They are lottery tickets. If you can convince someone that buying one of these rare birds is going to pay off, then you sell it for less than what they think they can get out of it. No one will play them. No one actually "uses" a lottery ticket. It has no intrinsic value. Only what someone else is willing to pay for it.

Almost all of the Camel Toes and Wobulators and Flying Pans and BiPhases out there are sitting in a locked cabinet waiting for just the right moment when their owners can cash in.

Poor babies.

 

[GREATPHARO]

Whats even more frustrating is I had an agreement with John that should he sell it I would buy it back. A courtesy I ask for with just about everything I sell. I guess making a few bucks was more important that what we agreed on.

 

[flicker180]

Originally posted by GREATPHARO
Whats even more frustrating is I had an agreement with John that should he sell it I would buy it back. A courtesy I ask for with just about everything I sell. I guess making a few bucks was more important that what we agreed on.

that sucks, but it still is "his." a gentlemen's agreement is not necessarily binding.

dave

 

[Kodawari]

Originally posted by GREATPHARO
Whats even more frustrating is I had an agreement with John that should he sell it I would buy it back. A courtesy I ask for with just about everything I sell. I guess making a few bucks was more important that what we agreed on.

If it's on ebay, why are you precluded from buying it back?

 

[tiptone]

Originally posted by Jackie Treehorn
If it's on ebay, why are you precluded from buying it back?

Are you just being pedantic or do you _really_ think/feel that "allowed to try and outbid everyone else" is the same thing as "buy it back"?

 

[GREATPHARO]

that sucks, but it still is "his." a gentlemen's agreement is not necessarily binding.

Thats true however had I known it was being bought only to make money rather that to be enjoyed by a fellow gear head like myself I would never have sold it. Which is precisly why I put that stipulation in upon the sale.

 

[drolling]

During that very brief time that Way Huge was in business, I tried out an AquaPuss at a Guitar shop in Nashville. I was on vacation at the time, and my credit card was maxed out, as I discovered when I tried to use it to buy the pedal. As soon as I got back up to Canada, I called up (no home computer back then) the only store in the country that carried the line, only to discover that they'd just sold the last one.

I'm quite sure that I'd still be enjoying that pedal every day since, had I been able to obtain one. Over the years I've flipped a lot of gear for about a dime on the dollar, but I've always kept the stuff I really like, no matter how much it's value may or may not have appreciated.

Some of that stuff, especially the pedals, is getting chipped and bashed up but that's unavoidable - I'm working with it. It sorta breaks my heart to see great gear going into safety deposit boxes when it should be up on stage, getting splattered with blood, sweat and beers.

 

[BmoreTele]

Originally posted by GREATPHARO
Whats even more frustrating is I had an agreement with John that should he sell it I would buy it back.

You can buy it back. You just can't force someone to charge what you want to pay.