More OA Fakes on eBay

Posted on September 22nd, 2004 in Fakes,OA by dhoffard

It appears that another seller has made up and is selling fake patches.

gonlixz1.jpeg

They’re listed as such. I don’t know what it does for values for the real ones but probably not good. What will be interesting is when buyers of these go to sell their collections though. Because these are not real, dealers will put a very low value on them as they are too speculative. Their sell through rate, the percent that sell, is low so what it is really doing is transferring a lot of collector money to eBay in fees the seller pays to list but not sell. Still, I assume they’re making a profit or they wouldn’t be doing it. I have seen some of these guys drop off so it may not be a profitable proposition.

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