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It is pure comedy to watch people continually reselling the Pony Express I used to own. I sold it several months ago on a Facebook sales page to someone who I thought was a collector. I was wrong -- he turned out to be a reseller. I have watched it resell three times since I sold it. It is now listed for nearly $800, which is ridiculous. With eBay and PayPal fees, I don't think any of the resellers who had since I sold it made much if any money off it. (I almost rebought it the last time it was on sale just because I was tired of seeing people resell it.) Now another reseller has it and has it listed for $800. I'm convinced no one actually wants to own it -- they just want to try to resell it for a higher price. I would have kept it, but it was just too small for me and I never carried it, and I really wanted it to go a collector, but it didn't. I should have just kept it.

http://www.ebay.com/itm/Bonnie-Cash...151456?hash=item51eddec860:g:J8IAAOSwnbZYB~AG
Gorgeous bag! I understand how you feel.
 
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It is pure comedy to watch people continually reselling the Pony Express I used to own. I sold it several months ago on a Facebook sales page to someone who I thought was a collector. I was wrong -- he turned out to be a reseller. I have watched it resell three times since I sold it. It is now listed for nearly $800, which is ridiculous. With eBay and PayPal fees, I don't think any of the resellers who had since I sold it made much if any money off it. (I almost rebought it the last time it was on sale just because I was tired of seeing people resell it.) Now another reseller has it and has it listed for $800. I'm convinced no one actually wants to own it -- they just want to try to resell it for a higher price. I would have kept it, but it was just too small for me and I never carried it, and I really wanted it to go a collector, but it didn't. I should have just kept it.

Yes it is depressing to see items you'd like to see put back into service, or at least find its way to an appreciative collector, instead end up in successive reseller hands. Now that Lisa has it listed for that significant number though, given her history of patience with COACH items, it'll probably remain a fixture on anyone's "COACH + Pony Express" search results for quite a while to come. It's a very nice bag though, but I can definitely understand how its size limited its utility. Had I still been collecting MADE IN NYC bags, it would have been a welcome addition, but not at its present price. Hopefully the next time it'll find a loving home.
 
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It is pure comedy to watch people continually reselling the Pony Express I used to own. I sold it several months ago on a Facebook sales page to someone who I thought was a collector. I was wrong -- he turned out to be a reseller. I have watched it resell three times since I sold it. It is now listed for nearly $800, which is ridiculous. With eBay and PayPal fees, I don't think any of the resellers who had since I sold it made much if any money off it. (I almost rebought it the last time it was on sale just because I was tired of seeing people resell it.) Now another reseller has it and has it listed for $800. I'm convinced no one actually wants to own it -- they just want to try to resell it for a higher price. I would have kept it, but it was just too small for me and I never carried it, and I really wanted it to go a collector, but it didn't. I should have just kept it.

http://www.ebay.com/itm/Bonnie-Cash...151456?hash=item51eddec860:g:J8IAAOSwnbZYB~AG
I've always wanted one of these but they are always way out of my price range, especially because I'm not sure I can do much with the size.

I don't think there are many collectors around that don't already have one and are willing to spend that much. I'm in awe at the patience of some of these sellers.
 
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I don't think there are many collectors around that don't already have one and are willing to spend that much. I'm in awe at the patience of some of these sellers.
I second your observation(s). There are a few pre-creed vintage COACH resellers in particular who amaze me. One on the west coast hoovers up BIN bargain items listed by sellers who haven't a clue as to what they are selling (giving away), marks them up by factors of 3x+, and there they sit, sit, and sit waiting for (forgive me Sy Syms) an uneducated consumer to come along. Another in the south obviously has excellent sources, but sets BIN prices at the extreme high end of the scale, sets the listing up for 30-day/good till cancelled, and there some remain for 1+ years. And then there's the third who buys on eBay and sells on etsy at significant markups (as if we don't notice) without lifting a finger to do even minor maintenance.

It's sad that all these gems just sit on shelves waiting for some deep-pocketed buyer to eventually come along. But then I'm probably just jealous at getting beaten to treasures listed at giveaway prices and also having to compete with flippers who only value these rare pieces for the profit they perceive they can reap without providing any added-value by rehabbing, repairing, or restoring.

Well that's my rant for the week.
 
Not a Coach but can you guess where the design concept came from?
6eea688db1fd7cd00dfa6e56b628286c.jpg
 
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Yes it is depressing to see items you'd like to see put back into service, or at least find its way to an appreciative collector, instead end up in successive reseller hands. Now that Lisa has it listed for that significant number though, given her history of patience with COACH items, it'll probably remain a fixture on anyone's "COACH + Pony Express" search results for quite a while to come. It's a very nice bag though, but I can definitely understand how its size limited its utility. Had I still been collecting MADE IN NYC bags, it would have been a welcome addition, but not at its present price. Hopefully the next time it'll find a loving home.

But WHY is she describing it as from the 1960s??? It has a creed and a serial number which means it's post-Cashin by at least 4 or 5 years, it's definitely NOT 1960s, and AFAIK it doesn't even appear in the catalogs until after 1979. It drives me absolutely bonkers when sellers falsify the age, and claim it's a Cashin when it's not to justify a higher price. I really wish that buyers who were told they were getting a Cashin bag only to find out later that it wasn't would start filing SNAD claims against the sellers. To me it's like being told a bracelet is sterling silver only to find it's just plated.
 
But WHY is she describing it as from the 1960s??? It has a creed and a serial number which means it's post-Cashin by at least 4 or 5 years, it's definitely NOT 1960s, and AFAIK it doesn't even appear in the catalogs until after 1979. It drives me absolutely bonkers when sellers falsify the age, and claim it's a Cashin when it's not to justify a higher price. I really wish that buyers who were told they were getting a Cashin bag only to find out later that it wasn't would start filing SNAD claims against the sellers. To me it's like being told a bracelet is sterling silver only to find it's just plated.
Anyone who spends $800 is going to be really mad when it turns out not to be a Cashin!
 
I second your observation(s). There are a few pre-creed vintage COACH resellers in particular who amaze me. One on the west coast hoovers up BIN bargain items listed by sellers who haven't a clue as to what they are selling (giving away), marks them up by factors of 3x+, and there they sit, sit, and sit waiting for (forgive me Sy Syms) an uneducated consumer to come along. Another in the south obviously has excellent sources, but sets BIN prices at the extreme high end of the scale, sets the listing up for 30-day/good till cancelled, and there some remain for 1+ years. And then there's the third who buys on eBay and sells on etsy at significant markups (as if we don't notice) without lifting a finger to do even minor maintenance.

It's sad that all these gems just sit on shelves waiting for some deep-pocketed buyer to eventually come along. But then I'm probably just jealous at getting beaten to treasures listed at giveaway prices and also having to compete with flippers who only value these rare pieces for the profit they perceive they can reap without providing any added-value by rehabbing, repairing, or restoring.

Well that's my rant for the week.

Regarding those sellers who list at sky-high prices and keep the bag in their inventory until it sells - I always wonder what condition those poor bags are in after sitting around for months and in some cases, years.

I bought a HTF pre-owned suede bag nine years ago for a bit over $300. A "sit on it forever" flipper had the same bag listed at the same time for about $150 more. I do a search for that style number once in a while, she STILL has the same darned bag with the same darned photos listed for the same darned price! She's never reduced it as far as I can see. And now there's another one listed by a different seller for 100 dollars less and she's still holding to the same price. Unless she keeps her huge inventory in some kind of climate controlled storage or has a house the size of Biltmore, I'd be worried about its condition. Why hang onto something for nine bleedin' years?
 
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