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Post by rockjunquie on Nov 20, 2021 20:48:17 GMT -5
Just ran across this auction. Not in perfect condition, but if you are close, you can probably get a good deal. |
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Post by parfive on Nov 20, 2021 21:58:11 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power.  Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd |
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Post by jasoninsd on Nov 20, 2021 22:19:18 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power.  Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd Thanks Rich!  I've been pondering Kingsley North's house brand model... |
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Post by Rockoonz on Nov 21, 2021 4:56:20 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power. Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd Vevor makes a lot of knock off equipment for jewelers and now lapidary, generally questionable quality. Looks like they copied the adaptor shafts like a Genie. I almost got an engraving vice/ball from vevor off of Amazon but decided to wait for better. Still don't have one but eventually... |
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herb
spending too much on rocks
Member since November 2011
Posts: 475
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Post by herb on Nov 21, 2021 10:49:34 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power. Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd It's a Titan, not a Genie. DP's list price for the Titan is about 4500 but it looks like you can buy one in the 3500 range. Even with it needing a set of new wheels, almost $1000 from Kingslely, and the other things that need fixing, the BIN price isn't too bad though I'd try getting for less by bidding rather than buy-it-now. Holy cow! I just saw the price of a Titan motor is $900 at Johnson Brothers! Anyone who buys this better hope that the motor isn't on it's way out! The seller says they have already replaced the bearings |
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Post by rockjunquie on Nov 21, 2021 10:51:40 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power.  Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd It's a Titan, not a Genie. DP's list price for the Titan is about 4500 but it looks like you can buy one in the 3500 range. Even with it needing a set of new wheels, almost $1000 from Kingslely, and the other things that need fixing, the BIN price isn't too bad though I'd try getting for less by bidding rather than buy-it-now.
If I lived closer, I would try bidding. It's not often us East Coasters see lapidary equipment. That's why I posted it.
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herb
spending too much on rocks
Member since November 2011
Posts: 475
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Post by herb on Nov 21, 2021 11:03:23 GMT -5
It's a Titan, not a Genie. DP's list price for the Titan is about 4500 but it looks like you can buy one in the 3500 range. Even with it needing a set of new wheels, almost $1000 from Kingslely, and the other things that need fixing, the BIN price isn't too bad though I'd try getting for less by bidding rather than buy-it-now. If I lived closer, I would try bidding. It's not often us East Coasters see lapidary equipment. That's why I posted it.
True! Lapidary equipment on the east coast is almost as rare as chicken teeth! |
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Post by stephan on Nov 24, 2021 0:32:06 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power.  Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd Maybe a dumb question, but why would a seller start an auction at lower than the reserve, and also keep the reserve secret? It seems like a good way to waste everyone’s time by not making a sale. A p-a way of getting people to BIN, perhaps? |
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Post by jasoninsd on Nov 24, 2021 0:55:38 GMT -5
That Genie looks like it's been sitting in a swamp for a few years. $400 RESERVE NOT MET w/a buy it now of $1600 That listing page also shows a VEVOR cabber for $1240. www.ebay.com/itm/144146286042Never heard of it. Says it has a 2hp motor which is obviously a crock. 2 horses pumpin' out a 180W of rated power. Just scoped out some other prices: $2800 Diamond Pacific's list for a Genie $2160 Kingsley North's price for a Genie - 1/2hp motor $1400 Kingsley's price for a CabKing - 1/4hp motor $1290 Kingley's house brand - 1/3hp motor jasoninsd Maybe a dumb question, but why would a seller start an auction at lower than the reserve, and also keep the reserve secret? It seems like a good way to waste everyone’s time by not making a sale. A p-a way of getting people to BIN, perhaps? It's a good way to see what people are willing to pay for an item without tipping your hand as to what you'd actually accept. |
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Post by stephan on Nov 24, 2021 1:03:27 GMT -5
Maybe a dumb question, but why would a seller start an auction at lower than the reserve, and also keep the reserve secret? It seems like a good way to waste everyone’s time by not making a sale. A p-a way of getting people to BIN, perhaps? It's a good way to see what people are willing to pay for an item without tipping your hand as to what you'd actually accept. You’re up! I was worried you’d started doing crazy stuff, like sleeping. Still don’t get it. Seems easier to set the minimum at something you’d accept. Life’s complicated enough. |
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Post by jasoninsd on Nov 24, 2021 1:18:36 GMT -5
It's a good way to see what people are willing to pay for an item without tipping your hand as to what you'd actually accept. You’re up! I was worried you’d started doing crazy stuff, like sleeping. Still don’t get it. Seems easier to set the minimum at something you’d accept. Life’s complicated enough. I've done it selling high-end pool cues. I would set a buy it now price at the "retail" value in case someone's willing to fork out the high price. I would set the reserve price at the amount I was willing to actually accept for the cue. Then you watch how high the bidding actually goes to see if it's anywhere close to your reserve price. If it's not, then the market is not a "sellers' market, and you hold onto the item until it is...or make the decision to lower your reserve to bring it closer to what the highest bid was. Essentially it's a "feeler" auction...since something's only "worth" what someone's willing to pay for it... ETA - I'll get some sleep when I die... |
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Post by stephan on Nov 24, 2021 1:28:21 GMT -5
You’re up! I was worried you’d started doing crazy stuff, like sleeping. Still don’t get it. Seems easier to set the minimum at something you’d accept. Life’s complicated enough. I've done it selling high-end pool cues. I would set a buy it now price at the "retail" value in case someone's willing to fork out the high price. I would set the reserve price at the amount I was willing to actually accept for the cue. Then you watch how high the bidding actually goes to see if it's anywhere close to your reserve price. If it's not, then the market is not a "sellers' market, and you hold onto the item until it is...or make the decision to lower your reserve to bring it closer to what the highest bid was. Essentially it's a "feeler" auction...since something's only "worth" what someone's willing to pay for it... ETA - I'll get some sleep when I die... Ok. I get it now, but still seems like too much work when I’m already running on empty. For me, I’ll set a price I think is fair, and it either sells or it doesn’t, but then I’m not selling anything high end, or trying to make money — just want my hobby to cover some of its expenses. I’m also holding out for the Big Sleep. ETA, I lied. The cat is hypnotizing me. My eyelids have gotten heavy…. |
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Post by jasoninsd on Nov 24, 2021 1:36:11 GMT -5
I've done it selling high-end pool cues. I would set a buy it now price at the "retail" value in case someone's willing to fork out the high price. I would set the reserve price at the amount I was willing to actually accept for the cue. Then you watch how high the bidding actually goes to see if it's anywhere close to your reserve price. If it's not, then the market is not a "sellers' market, and you hold onto the item until it is...or make the decision to lower your reserve to bring it closer to what the highest bid was. Essentially it's a "feeler" auction...since something's only "worth" what someone's willing to pay for it... ETA - I'll get some sleep when I die... Ok. I get it now, but still seems like too much work when I’m already running on empty. For me, I’ll set a price I think is fair, and it either sells or it doesn’t, but then I’m not selling anything high end, or trying to make money — just want my hobby to cover some of its expenses. I’m also holding out for the Big Sleep. ETA, I lied. The cat is hypnotizing me. My eyelids have gotten heavy…. I'm not too far behind you tonight! LOL |
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herb
spending too much on rocks
Member since November 2011
Posts: 475
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Post by herb on Nov 24, 2021 10:25:49 GMT -5
You’re up! I was worried you’d started doing crazy stuff, like sleeping. Still don’t get it. Seems easier to set the minimum at something you’d accept. Life’s complicated enough. I've done it selling high-end pool cues. I would set a buy it now price at the "retail" value in case someone's willing to fork out the high price. I would set the reserve price at the amount I was willing to actually accept for the cue. Then you watch how high the bidding actually goes to see if it's anywhere close to your reserve price. If it's not, then the market is not a "sellers' market, and you hold onto the item until it is...or make the decision to lower your reserve to bring it closer to what the highest bid was. Essentially it's a "feeler" auction...since something's only "worth" what someone's willing to pay for it... ETA - I'll get some sleep when I die... I never understood reserves either! Just set your starting price at or near the minimum you'd be willing to let the item go for. Ebay charges 7.5% of the reserve price regardless of whether it sells or not. I think that is in addition to the 12.55% final value fee too. Seems like an expensive way to see what the market will bear. I just looked at the Titan auction, the bids are up to $610 and reserve not yet met. So if the reserve doesn't get met it will cost the seller at least $45.75 to find out their reserve price was too high and they still have the grinder to sell. The only thing a reserve price might be good for is you can start the auction at a low price and hopefully build excitement. You may be hesitant to bid or BIN $900 for a $1000 item, but who wouldn't put in a $10 bid for it!? You just have to hope enough people get invested in the thought of owning the item that they'll keep bidding it up higher than they might gone if the item started at $900. I think it is called the psychology of ownership. Once you place a bid, you see the item as "yours" and you defend against someone "taking it away" from you. |
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Post by roy on Nov 24, 2021 13:36:57 GMT -5
for one its a Titan i think those sell new for 3200 so even if you get it for 1600 it needs all new wheels @ over 1000 thats now 2600 lol and who knows what else it needs new pumps does it even run ?? i cant stop laughing on this one
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rewdownunder
spending too much on rocks
Member since March 2012
Posts: 357
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Post by rewdownunder on Nov 24, 2021 15:02:07 GMT -5
I do not understand some people. You would think if you wanted to sell it you would at least clean it up a bit. As is it makes a statement that it has been so well taken care of. I just took all the trays and covers for three Genies from our shop to the self service car wash. I spend $8.00 and never had to take them out of the pickup bed. Just wiped down the rest of the units with WD-40 on a rag. I would sure want to see that unit run for an hour before I bid.
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Post by perkins17 on Nov 24, 2021 17:22:53 GMT -5
I do not understand some people. You would think if you wanted to sell it you would at least clean it up a bit. As is it makes a statement that it has been so well taken care of. I just took all the trays and covers for three Genies from our shop to the self service car wash. I spend $8.00 and never had to take them out of the pickup bed. Just wiped down the rest of the units with WD-40 on a rag. I would sure want to see that unit run for an hour before I bid. I agree! If it was cleaned up, I bet they could sell it for more. A little bit of elbow grease making it cleaner means it is worth more in my eyes. |
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Post by jasoninsd on Nov 24, 2021 18:16:40 GMT -5
I do not understand some people. You would think if you wanted to sell it you would at least clean it up a bit. As is it makes a statement that it has been so well taken care of. I just took all the trays and covers for three Genies from our shop to the self service car wash. I spend $8.00 and never had to take them out of the pickup bed. Just wiped down the rest of the units with WD-40 on a rag. I would sure want to see that unit run for an hour before I bid. I agree! If it was cleaned up, I bet they could sell it for more. A little bit of elbow grease making it cleaner means it is worth more in my eyes. Wait a minute. You just picked up a flat lap that was listed for $40. I saw the picture of the sale ad. The unit looked a little dirty to me in the pic. You said when you got it, it looked "brand new" and you paid $35 for it. It seems to me that cleaning up the unit cost your seller a few bucks!   |
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Post by perkins17 on Nov 24, 2021 18:37:13 GMT -5
I agree! If it was cleaned up, I bet they could sell it for more. A little bit of elbow grease making it cleaner means it is worth more in my eyes. Wait a minute. You just picked up a flat lap that was listed for $40. I saw the picture of the sale ad. The unit looked a little dirty to me in the pic. You said when you got it, it looked "brand new" and you paid $35 for it. It seems to me that cleaning up the unit cost your seller a few bucks! It did look a little dirty, but it turns out it was just a little corroded on the pan! (Woohoo) You're right 🤯! Sometimes thinking about stuff like this gives me a headache! (😂🤣) |
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Post by rockjunquie on Nov 24, 2021 19:07:31 GMT -5
for one its a Titan i think those sell new for 3200 so even if you get it for 1600 it needs all new wheels @ over 1000 thats now 2600 lol and who knows what else it needs new pumps does it even run ?? i cant stop laughing on this one In all my years of eBaying- at least 25- it has been my experience that outrageous BIN are meant for stupid people who want it NOW and for those who would rather not get into a bidding war. Those prices are usually not realized. I'm curious as to where he set his reserve... and yeah, he should have cleaned it up. |
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