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(Yahoo)   Limited edition $400 Starbucks gift card reaches $1675 on eBay as bidding becomes heated and strong   (news.yahoo.com) divider line 33
    More: Asinine, Starbucks, eBay, gift card, Starbucks gift, documentary television, territorial claim  
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2468 clicks; posted to Business » on 08 Dec 2013 at 11:42 AM (40 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



33 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2013-12-08 08:18:05 AM
No one accused Starbucks customers of being wise with their money.
 
2013-12-08 09:31:51 AM
img.gawkerassets.com
 
2013-12-08 11:45:57 AM
I'm sure the losers in the auction will feel burned and bitter.
 
2013-12-08 11:47:39 AM
However if you place a bid in dollars, eBay corrects you with a bizarre Italian quantity of Lira.
 
2013-12-08 11:51:37 AM
Now that's a solid investment strategy!
 
2013-12-08 12:00:02 PM

FrancoFile: I'm sure the losers in the auction will feel burned and bitter.


came here to say something similar but not as succinct.
 
2013-12-08 12:10:09 PM
More money than brains.
 
2013-12-08 12:38:21 PM

BalugaJoe: More money than brains.

fraud than reality.

People do this shiat all the time, which is partly why I don't run auctions. Ain't nobody got time for chasing down deadbeat bidders.
 
2013-12-08 12:56:27 PM
I can't think of a single reason why the Starbucks execs who thought this up, the people at Gilt who sold these things, the 'artisans' who made them, the cretins who bought them from Gilt in less than 2 seconds, and the utter morons bidding more than 4x the actual value on Ebay shouldn't be beaten for monumental stupidity.
 
2013-12-08 01:01:42 PM

ladyfortuna: BalugaJoe: More money than brains. fraud than reality.

People do this shiat all the time, which is partly why I don't run auctions. Ain't nobody got time for chasing down deadbeat bidders.


??

I sell stuff on eBay all the time, including valuables. I ship after they pay. Why would you have to chase down deadbeats?
 
2013-12-08 01:06:14 PM
Trickle trickle down the wealth
 
2013-12-08 01:32:18 PM
That's a pretty venti price tag.
 
2013-12-08 01:38:34 PM
I recall a period around 1999/2000 buying computer related gadgets from Egghead, shortly after they decided to close the brick-and-mortar stores and go online-only.

They had two parts to their online business: auction and purchasing, Most, if not all of the time, the same items were on both sides with the auction items (usually in lots of anywhere from 10 to perhaps 100) starting at $1 each and ending at a specified time and date. Unlike eBay, the auctions ended after a short period of time of no-bidding (2 minutes, I think) after the official end of bidding. It was to prevent "sniping".

So anyway, you can look at the retail side and see what the full retail price is of that item, like $19.99 for example. Bidding started at $1 and slowly went up a few pennies at a time. Some people had proxies set up to automatically bid higher up to a specific price. I stopped bidding once the bids approached the retail price. I ultimately got lots of minor items really cheap but there were many times bidding wars erupted and by the time the auction officially closed, the item you could purchase for $19.99 was bidded up to $50 or more. It was as if the bidders wanted to win at any cost or maybe they just had no idea of the retail price. Perhaps Egghead used the closing bids to see what see what customers were willing to pay and adjust the retail prices accordingly.

Spending $1,675 on a gift card that will get you $400 of coffee is something I don't understand. Why not invest that money in something meaningful like Beanie Babies?
 
2013-12-08 01:47:55 PM
Greater fools are great.
 
2013-12-08 02:01:08 PM
LeroyB:  Perhaps Egghead used the closing bids to see what see what customers were willing to pay and adjust the retail prices accordingly.

Spending $1,675 on a gift card that will get you $400 of coffee is something I don't understand. Why not invest that money in something meaningful like Beanie Babies?


In light of your earlier commentary, they are really spending $1675 for $100 worth of coffee.

/more like $25 probably
 
2013-12-08 02:29:29 PM
Veni, venti, bidi.
 
zez
2013-12-08 02:46:01 PM

cretinbob: [img.gawkerassets.com image 640x858]


I didn't know aliens drank at Starbucks
 
2013-12-08 02:48:38 PM

jaytkay: ladyfortuna: BalugaJoe: More money than brains. fraud than reality.

People do this shiat all the time, which is partly why I don't run auctions. Ain't nobody got time for chasing down deadbeat bidders.

??

I sell stuff on eBay all the time, including valuables. I ship after they pay. Why would you have to chase down deadbeats?


What I'm referring to is people who run up a bidding war on an item for kicks or without realizing they can't afford something. Deadbeat BIDDERS, aka, people who don't pay, and you have to wait like seven days before you can close the transaction and relist the item, plus apply for refunds on fees. Screw that, pay the money up front, please. Buy It Now is the greatest thing they've ever added.
 
2013-12-08 02:53:26 PM

YoOjo: FrancoFile: I'm sure the losers in the auction will feel burned and bitter.

came here to say something similar but not as succinct.


This. That was much better than anything I could have come up with.

Funny'd, FracoFile
 
2013-12-08 03:59:17 PM

BalugaJoe: More money than brains.


I like those kind of people.  The saying a fool and his money are soon separated was invented for such twits
 
2013-12-08 04:07:33 PM
I don't quite understand the freebie/discount privileges that come with the card; is there some way that (i.e., unlimited refills and you're a mega-consuming customer) the "extra" $1200 could be worth it to someone on a purely financial basis?

/I doubt it, but am curious as to what the Fark CW has to say.
/Gut Reaction: this is people with too much money paying too much money for a "status symbol"--but that happens everywhere in consumerism.
 
2013-12-08 05:12:37 PM

GrizzledVeteran: is there some way that (i.e., unlimited refills and you're a mega-consuming customer) the "extra" $1200 could be worth it to someone on a purely financial basis?


No.

You earn the same "gold status" by using a normal Starbucks prepaid card 30 times in a year.
 
2013-12-08 05:53:18 PM

LeroyB: I recall a period around 1999/2000 buying computer related gadgets from Egghead, shortly after they decided to close the brick-and-mortar stores and go online-only.

They had two parts to their online business: auction and purchasing, Most, if not all of the time, the same items were on both sides with the auction items (usually in lots of anywhere from 10 to perhaps 100) starting at $1 each and ending at a specified time and date. Unlike eBay, the auctions ended after a short period of time of no-bidding (2 minutes, I think) after the official end of bidding. It was to prevent "sniping".

So anyway, you can look at the retail side and see what the full retail price is of that item, like $19.99 for example. Bidding started at $1 and slowly went up a few pennies at a time. Some people had proxies set up to automatically bid higher up to a specific price. I stopped bidding once the bids approached the retail price. I ultimately got lots of minor items really cheap but there were many times bidding wars erupted and by the time the auction officially closed, the item you could purchase for $19.99 was bidded up to $50 or more. It was as if the bidders wanted to win at any cost or maybe they just had no idea of the retail price. Perhaps Egghead used the closing bids to see what see what customers were willing to pay and adjust the retail prices accordingly.

Spending $1,675 on a gift card that will get you $400 of coffee is something I don't understand. Why not invest that money in something meaningful like Beanie Babies?


you missed the bit about free refills of brewed coffee and iced tea. you know.... colored water.
 
2013-12-08 07:07:31 PM
I really don't understand why Starbucks is so popular.  I like coffee, but I usually make it at home.  It's cheap and easy to make.  I can drink a cup while I'm getting ready to leave and then take another cup on the road.  And by cup, I mean huge farking mug.

I used to pass a Starbucks that had a drive-thru on the way to work and I always wondered about that.  There would be 6-7 cars waiting to get to the window.  I just drove on by sipping my coffee that I had brewed at home.

Every town or city I've lived in in the past 15 years has local coffee shops which do the exact same thing Starbuck's does except for one thing.  Their employees are friendly and polite.  Starbucks employees are like McDonald's employees. They are basically robots.  They don't give a shiat.

They do, however, understand what I mean when I refuse to say Venti.  When I say I want a large black coffee they give me a large black coffee so they've got that going for them.
 
2013-12-08 08:08:47 PM

gfid: I used to pass a Starbucks that had a drive-thru on the way to work and I always wondered about that.  There would be 6-7 cars waiting to get to the window.


The gf dragged me to the mall this morning because Macy's opened early. The Starbucks in the mall had a Space Mountain sized line waiting for them to open.  What, do they put crack in their coffee or something?
 
2013-12-08 08:20:16 PM

Mugato: gfid: I used to pass a Starbucks that had a drive-thru on the way to work and I always wondered about that.  There would be 6-7 cars waiting to get to the window.

The gf dragged me to the mall this morning because Macy's opened early. The Starbucks in the mall had a Space Mountain sized line waiting for them to open.  What, do they put crack in their coffee or something?


If by crack you mean flavored syrups then yes.
 
2013-12-08 09:39:00 PM
Meh.
You think Starbucks is pretentious, wait 'til the "third wave" coffee snobs start fanning out across the country.
 
2013-12-08 09:44:38 PM

BalugaJoe: More money than brains.


More dollars then sense.
 
2013-12-08 11:51:20 PM
All I know is I've never been higher than a few days ago when I roasted my own coffee beans in an area with very little ventilation.

I was convinced the only solution was for me to run down the street screaming my head off. I was already babbling non-stop and panicking.

I doubt if I could work for Starbucks in any capacity.
 
2013-12-08 11:51:50 PM

Smeggy Smurf: BalugaJoe: More money than brains.

I like those kind of people.  The saying a fool and his money are soon separated was invented for such twits


More dollars than sense (cents, talk it out).
 
2013-12-09 05:21:18 AM

cretinbob: [img.gawkerassets.com image 640x858]


When I'm in shops and they ask for my email address I'm always tempted to say b­ig­co­c­k69­[nospam-﹫-backwards]l­iam­t­oh*c­om, or something. I've never been brave enough to do it tough.
 
2013-12-09 09:06:09 AM

Cormee: cretinbob: [img.gawkerassets.com image 640x858]

When I'm in shops and they ask for my email address I'm always tempted to say bigcock69[[nospam-﹫-backwards] image 7x13]liamtoh[* image 7x13]com, or something. I've never been brave enough to do it tough.


I always say, you know, I never got into that whole email thing. Sounds neat though.
 
2013-12-09 10:40:41 AM
That's retarded.
 
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