- Joined
- Jul 10, 2022
- Messages
- 5,066
I never really gave it much thought, but about 5 years ago, I was listening to XM radio in a rental car, and it sorta went like this...."If you're interested, you better place your pre-order, as they do sell out quick!"
I thought to myself, what is he talking about, CDs sell out quick? Thought it was a come on.
These are the Dave's Picks CDs of Grateful Dead shows. Well, sure enough, they sold out. So I decided I will pre-order them, as there is a discount, and also free shipping. Been collecting ever since, I have a 27 gallon crate full of these limited edition CDs. There were 2 that I bought on eBay never opened, for $60 each. They are $28 each face value. One I sold for $180, thinking I am a financial genius and caveat emptor. Well, that was early 2022--today those discs are $250-$300 so the joke is on me, other than I still have another never opened. Many of these "limited edition" items approach 4X their face value, some go beyond.
Flash forward--my wife's BFF in LA asks her if we can buy her the Moon Swatch. Huh? This is because we have a Swatch store at the mall, they don't even have one in LA.
So why not? It's $260 she's good for the money. Well, on the local news the night before, people are camped out. What?
We go to the mall the morning of, there is a line to get on a waiting list, we say, why not? Already on eBay the watch is $3000.
So I make a comment, if the Swatch is $3000, and the real Omega is $7000, why not just get the real one? A person 2 people behind hands me his Omega watch--I quickly put it in my pocket and run away. j/k
I said oh, this is the real one, huh? Nice.
Flash forward to last Thu.--I have an email some swatches will be available for preorder and there's a countdown. I order them 2 min after it opened up, for $365. I check eBay and they are already listed for $1100. Today I got an email that my order is processing and I've been billed (PayPal).
Since this is all new to me, it's quite fascinating. I think I will be looking for more things to collect, but for now it's Snap On tools, Dave's Picks CDs, and Swatch....
I thought to myself, what is he talking about, CDs sell out quick? Thought it was a come on.
These are the Dave's Picks CDs of Grateful Dead shows. Well, sure enough, they sold out. So I decided I will pre-order them, as there is a discount, and also free shipping. Been collecting ever since, I have a 27 gallon crate full of these limited edition CDs. There were 2 that I bought on eBay never opened, for $60 each. They are $28 each face value. One I sold for $180, thinking I am a financial genius and caveat emptor. Well, that was early 2022--today those discs are $250-$300 so the joke is on me, other than I still have another never opened. Many of these "limited edition" items approach 4X their face value, some go beyond.
Flash forward--my wife's BFF in LA asks her if we can buy her the Moon Swatch. Huh? This is because we have a Swatch store at the mall, they don't even have one in LA.
So why not? It's $260 she's good for the money. Well, on the local news the night before, people are camped out. What?
We go to the mall the morning of, there is a line to get on a waiting list, we say, why not? Already on eBay the watch is $3000.
So I make a comment, if the Swatch is $3000, and the real Omega is $7000, why not just get the real one? A person 2 people behind hands me his Omega watch--I quickly put it in my pocket and run away. j/k
I said oh, this is the real one, huh? Nice.
Flash forward to last Thu.--I have an email some swatches will be available for preorder and there's a countdown. I order them 2 min after it opened up, for $365. I check eBay and they are already listed for $1100. Today I got an email that my order is processing and I've been billed (PayPal).
Since this is all new to me, it's quite fascinating. I think I will be looking for more things to collect, but for now it's Snap On tools, Dave's Picks CDs, and Swatch....