Auction Business & Kudos Frank Ross on 09 Feb 2007 04:16 pm
Lisa Nowak Photo Suddenly Valuable on eBay
Two weeks ago, Lisa Nowak was just one of many NASA astronauts. Perhaps I shouldn’t say ‘just’ as she did manage to break many gender, ‘good old boy’, and age barriers. Today she is, well.. news and tabloid fodder. And interestingly enough, memorabilia items from her better days are now worth a great deal more than ever before.
And where else would we see this but eBay? As I write this, a signed photo from her heyday is going for $10,000 (link here). The photo went from something sitting in a box to instant valuable memorabilia.
Would it have been worth that much prior to her arrest? It might have made some money, but hardly this level! This is proof that if you can capitalize on news items, you can turn them around for a big profit on eBay. A little lucky? You bet. A sustainable business? Hmm. Memorabilia can be a profitable business if you can make it work. But you need to have a keen eye and good instincts for possible newsworthy items. This seller gets kudos not only for having that keen eye, but remembering to mention where the proceeds are going!
Tags: eBay Collectables, Lisa Nowak eBay, eBay Memorabilia, NASA Memorabilia
on 03 Mar 2007 at 6:10 am 1.H.B. said …
Very interesting! That auction closed and it sold for $371. There are quite a few bid retractions and cancellations… People who “entered wrong amount” that retracted their bids and one $10,000 bid that was cancelled because the bidder had no feedback and didn’t respond to emails.
on 11 Mar 2007 at 3:42 am 2.Frank Ross said …
Wow, I noticed that too HB. As I recall something simliar happened with the Virgin Mary Grilled Cheese Sandwich a while ago. Best just to stay with sustainable products I always say!