Lie-Nielsen on eBay

Hello all, I was just browsing on eBay and found a couple Lie-Nielsen planes with mis-spellings in the titles, which might reduce bidding competition. These aren't mine, and I don't really need them, and the prices aren't quite low enough to justify bidding just to resell them. But if you need a small chisel plane or a #1 bench plane, it might be worth a look. http://search.ebay.com/_W0QQsassZbsh12960QQhtZ-1 Andy
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Why in the world would a person start the bidding for the #1 plane at $150 when Lie Nielsen will send you a new one for $195? IIRC LN price for the small chisel plane is $135 or so. The bidding starts at $100. The guy's prices make absolutely no sense.
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Yes, they are high, But I have seen some fools bid higher than new!!! The seller gets to laugh all the way to the bank. Not sure which phrase applies: Buyer beware or A sucker is born every minute.

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How true, but makes no sense. There's a LN #1 (separate from the one in the OP) with a current bid of $218, with 20 hrs to go. Why pay $180 new (http://www.craftsmanstudio.com/html_p/A100.htm ) when you can pay $218 for one with a rusty blade that's been knocking around in a toolbox for a few years! Another #1 (in Australia) went for AU$380, and LN's Australian website lists it for AU$319 new! Just search for Veritas or Lie Neilsen planes under eBay's completed listings - almost none of them go for significantly less than the new price. Certainly says something about buyers and the eBay bidding disease/addiction, but I think it also says something about the quality of these products! Andy
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This why almost my entire 140+ eBay feedback rating is comprised of selling. <G>
The only good deals I've found there in a long time (years) was a box of 50 nice quality BB 16" drawer slides for $45, shipped, and a bunch of Performax 22/44 sandpaper.
The drawer slides are beige, so I plan on using them in shop cabinetry, and I was one of 2 bidders on the paper. If the slides were white or chrome I'm sure they would have been bid much higher.
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...
One has to know the value of what one is bidding on certainly, but my rating is comprised exclusively of buying. So far, the thought of the hassle of having to pack and ship something hasn't been worth what I thought I might get for anything I'm ready to get rid of... :)
Fine handtools have rarely been a bargain, though, I'll agree. Otoh I did get a very good Walker-Turner shaper for quite a reasonable price. But, it took six months' effort of watching and be patient to wait for a combination of what I wanted and a non-overbid auction. Location is also a problem for shipping of large stuff, of course. But, I have found smaller tool items such as a Ridgid 65R variable die threader for about $50 ($700 new) to a 40-ft JLG manlift for $4995 (refurbished from JLG the unit would have listed at $20k). So far, by being diligent in looking at seller feedback and in, for the most part, avoiding the obvious shills and fronts and using individuals, I've not had a problem.
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It's worth it for that fine patina!
I've seen many items selling for more than new. I've collected a few fountain pens over the years and I've seen some Pelikan pens inStapes for $30 and the same one sold on ebay for $50. People are either ignorant or lazy. Maybe both?
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