Selling Gift cards on ebay

NYSpeed Automotive NYSpeed Off Topic
1

Why is it that Gift Cards sell for almost what they’re worth on ebay? People can just go to the store or order one online. Am I missing something?

2

Your findings are wrong:

http://cgi.ebay.com/50-iTunes-Gift-Card_W0QQitemZ290311723434QQcmdZViewItemQQptZUS_Gift_Certificates?hash=item290311723434&_trksid=p3286.c0.m14&_trkparms=72%3A1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A1|293%3A1|294%3A50

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=330324046783&ssPageName=MERCOSI_VI_ROSI_PR4_PCN_BIX&refitem=290311723434&itemcount=4&refwidgetloc=closed_view_item&refwidgettype=osi_widget&_trksid=p284.m263&_trkparms=algo%3DSIC%26its%3DI%2BC%2BP%2BS%2BIA%26itu%3DIA%2BUCI%2BUA%26otn%3D4%26ps%3D10

I just searched for gift cards and saw the first one and when it ended it showed the second one at the top of the page. I looked a little more and it happens for a lot of the auctions for all types, a walmart one for $300 went for $302. Doesn’t make sense to me.

So now the question is why do people pay MORE than what they are worth?

3

I just meant as opposed to selling for much less. My findings aren’t wrong that just proves my point more.

4

Coupons and Discounts.If there is a 10% discount code floating around the $300 card would only cost $270.The markup around xmas time was insane,with the MS cashback promo hitting 30%.

5

Yea, I didnt mean wrong, my bad.

And the discount code thing does make sense…

6

Feedback. people are dumb.