What am I missing?

[The Great Maudu]

Check out this Penn 9/0 that sold recently on eBay for $425.  Copy and paste the item number in Search and have a look. I'm just curious.
361850302065

[foakes]

Check out this Penn 9/0 that sold recently on eBay for $425.  Copy and paste the item number in Search and have a look. I'm just curious.
361850302065

Maybe just bidding fever or prideful competition --

When the bidding from more experienced bidders got a little past $100 -- veterans dropped out -- then the same two or three much less experienced guys got into a firefight.

Or maybe I am missing something also?

This is a perfect example of why -- when trying to value tackle for myself or appraisal of an estate purchase -- it is always good to take the last 10 SOLD listings in similar condition -- toss out the highest and lowest -- then average the remaining 8.  Generally close enough for today -- within 10%.

I do know that the winner was the seller.

Best,

Fred

[STRIPER LOU]

I may be incorrect but I think what's missing is gray matter!   For the person spending $425.00.
..............Lou

[FatTuna]

I'm convinced that some people use Ebay to launder money. If you look through past sales, there are some really strange transactions and pricing.

[JRD]

Check out this Penn 9/0 that sold recently on eBay for $425.  Copy and paste the item number in Search and have a look. I'm just curious.
361850302065

You forgot to factor in the $175 worth of vintage mono!