Invader3K wrote:

Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.

Radioman390 wrote:

http://cgi.ebay.com/ws/eBayISAPI.dll...9316&ssPage N

ame=STRK:MEWA:IT#ebayphotohosting



Zenith only made 350 of those radios, and only about 40 are known to
still exist.

The odd thing is the cabinet on this one has quite a few missing bits of
veneer, and scratches, a knob is missing and the other knobs aren't in
great shape. The seller doesn't indicate if it works.

He may regret it after seeing the radio in person, but the high bidder
bid at least $21k more than the next highest bidder to meet the reserve.

But this is somewhat of a "holy grail" radio - he might never see
another one for sale.

"Mark S. Holden" wrote:

Invader3K wrote:

Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.

Radioman390 wrote:

http://cgi.ebay.com/ws/eBayISAPI.dll...9316&ssPage N

ame=STRK:MEWA:IT#ebayphotohosting



Zenith only made 350 of those radios, and only about 40 are known to
still exist.

The odd thing is the cabinet on this one has quite a few missing bits of
veneer, and scratches, a knob is missing and the other knobs aren't in
great shape. The seller doesn't indicate if it works.

He may regret it after seeing the radio in person, but the high bidder
bid at least $21k more than the next highest bidder to meet the reserve.

But this is somewhat of a "holy grail" radio - he might never see
another one for sale.

And it wasn't sold by Radio-Mart!

dxAce
Michigan
USA

dxAce wrote in :

And it wasn't sold by Radio-Mart!

dxAce
Michigan
USA



Funny you mention that---after I looked through the listing, read about the
damage and wear, and with the high price in mind, I immediately scrolled up
to check if it was Radio-Mart that was selling it.

Did you how many bidders there were?

All of them with excellent feedbacks.

"Radioman390" wrote in message
...
Did you how many bidders there were?

All of them with excellent feedbacks.

This from a poster in rec.antiques.radio+phono:

The seller of the Zenith Stratosphere 1000Z just e-mailed me. Apparently the
$50,000 bid was made in error according to the high bidder. The 1000Z WILL
BE
RE-LISTED with a new reserve and "buy it now" feature. The last legitimate
bid
was $28,700.

Mark S. Holden wrote:



He may regret it after seeing the radio in person, but the high bidder
bid at least $21k more than the next highest bidder to meet the reserve.

I would wager the buyer saw it in person before placing their bid.

On 9 Jan 2005 15:11:57 -0800, "Invader3K"
wrote:

Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.

For a auction to reach a skyrocketed price on eBay, TWO people need to
be involved (if the bid is a 'joke'.

Based on the proxy bidding system, let's say someone sells a widget
that's worth $500. If someone bids $500.00, and then the 'jokester'
comes and bids $50,000. The 'bid' is actually the next increment of
$500 - probably like $505. And that is what the auction will close at.
--
To reply, remove TheObvious from my e-mail address.

Evan Platt wrote:

On 9 Jan 2005 15:11:57 -0800, "Invader3K"
wrote:


Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.


For a auction to reach a skyrocketed price on eBay, TWO people need to
be involved (if the bid is a 'joke'.

Based on the proxy bidding system, let's say someone sells a widget
that's worth $500. If someone bids $500.00, and then the 'jokester'
comes and bids $50,000. The 'bid' is actually the next increment of
$500 - probably like $505. And that is what the auction will close at.

There is an exception to the "you need two bidders to drive the price
up" rule.

If an auction hasn't met reserve yet, it will go from wherever it is to
the amount of the reserve the first time someone bids high enough.

On this radio, the reserve was set at $50,000.

Two bidders had maxed out tied at $28,700. The last guy came along and
bid at least $50,000 so the auction went right up to that.

The bid may or may not have been a joke. If it was my auction, and it
involved that kind of dollars, I think I'd have relisted it by now.

"Mark S. Holden" wrote:

Evan Platt wrote:

On 9 Jan 2005 15:11:57 -0800, "Invader3K"
wrote:


Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.


For a auction to reach a skyrocketed price on eBay, TWO people need to
be involved (if the bid is a 'joke'.

Based on the proxy bidding system, let's say someone sells a widget
that's worth $500. If someone bids $500.00, and then the 'jokester'
comes and bids $50,000. The 'bid' is actually the next increment of
$500 - probably like $505. And that is what the auction will close at.

There is an exception to the "you need two bidders to drive the price
up" rule.

If an auction hasn't met reserve yet, it will go from wherever it is to
the amount of the reserve the first time someone bids high enough.

That is correct.

From eBay:

A bid increment will go higher than the standard increment in two situations:
To meet the reserve amount
To beat a competing bidder's high bid


dxAce
Michigan
USA

Must be a good Radio
"Mark S. Holden" wrote in message
...
Evan Platt wrote:

On 9 Jan 2005 15:11:57 -0800, "Invader3K"
wrote:


Forgive my ignorance, but what is so special about this radio that
would fetch such an obscenely high amount of money? I wonder if the bid
is a joke. Good luck to the seller on collecting that.


For a auction to reach a skyrocketed price on eBay, TWO people need to
be involved (if the bid is a 'joke'.

Based on the proxy bidding system, let's say someone sells a widget
that's worth $500. If someone bids $500.00, and then the 'jokester'
comes and bids $50,000. The 'bid' is actually the next increment of
$500 - probably like $505. And that is what the auction will close at.

There is an exception to the "you need two bidders to drive the price
up" rule.

If an auction hasn't met reserve yet, it will go from wherever it is to
the amount of the reserve the first time someone bids high enough.

On this radio, the reserve was set at $50,000.

Two bidders had maxed out tied at $28,700. The last guy came along and
bid at least $50,000 so the auction went right up to that.

The bid may or may not have been a joke. If it was my auction, and it
involved that kind of dollars, I think I'd have relisted it by now.