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Buy Euros Ahead of Trip on EBAY?

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Old Mar 18th, 2007, 08:49 AM
  #21  
 
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Is it possible that a person could be wanting to get rid of a lot of Euros and wanted to get a better price than he would at a bank?
Eg - sell at actual rate instead of buy/sell (beneficial to both.
Now if he bought them when the dollar was high he could be making a few pennies...no?
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Old Mar 18th, 2007, 08:53 AM
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Absolutely, robjame.

I don't know where these people get off demanding that travelers "do this" or "do that" without considering what a specific person's circumstances are. Sounds pretty controlling to me.

Take a taxi.
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Old Mar 18th, 2007, 08:58 AM
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The tweezers idea is a good one! I have never read that and I think I will pack a pair for my upcoming trip!

I apolgize for my snarky comments..if it works for you go ahead. I would just be nervous about the money being real!
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Old Mar 18th, 2007, 10:11 AM
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OK, I'll admit I was only referring to about 99% of the population when I suggested it was not a good idea to buy euro from someone on ebay. Of course if someone wants to do it, they have the right to do so. I suspected that ceilifinnigan wasn't looking for some offbeat shady deal, but was asking a question like "is this a good idea".

I guess some of you would say it can be a perfectly good thing to buy a Rolex from a guy on the street with an armful of them under his trenchcoat? Or it could be smart to buy all your stocks from a guy you pass sitting on a park bench who says "pssst. wanna buy some good stock?"

Yes, there are some people in very rare circumstances for whom all of these could be advantageous. So I'll ammend my statement. In fact for some people, including those with criminal records traveling on a false passport with no ability to use a legitimate bank -- buying euros on ebay could actually be the BEST choice.

Robespierre, it is funny that you get on such a high horse about others making blanket statements, when you give so many of those all the time, often indicating that anyone who doesn't do things your way is just plain wasteful or stupid. Paris transportation comes to mind immediately.
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Old Mar 18th, 2007, 10:44 AM
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I've seen coins sold on ebay - to collectors - not for spending. I can;t imagine how anyone could possibly do this and make a profit - unless you are grossly overpaying versus the bureau de change in your departure airport (assuming you must have a small amount in euros before you go).

The other alternate is that they're selling monopoly
euros. Have you looked at their seller ratings? Do they say that they're selling actual legal tender? And if what you get is counterfeit or some sort of fake - how would you know? And what recourse would you have?

Although - given how caught up in the bidding process some buyers seem to be - and how little they know of the value of what they're buying - I guess anything is possible.

(I bought a handbag on ebay - and got a good discount. But I saw similar bags sold - for significantly MORE than they cost on the company's own web site - never mind a regular discounter.)

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Old Mar 18th, 2007, 10:55 AM
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I know what you mean about the bidding frenzy. I actually did buy some diabetic test strips on ebay. Ultra one touch ones cost around $80 per hundred at most pharmacies (I save only a couple dollars from that at Costco). But I got 100 for $53 including shipping on Ebay. Yet I saw a couple of other lots that had bidding up to above $90 per hundred. Huh? Why would somebody do that when I'm sure their local pharmacy sells them cheaper than that?
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Old Mar 18th, 2007, 11:14 AM
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"Robespierre, it is funny that you get on such a high horse about others making blanket statements, when you give so many of those all the time..."

Sorry, you seem to have the wrong guy. I present <i>alternatives</i> to the mindless rush to certain airport transfers that make zero sense. If you read my posts carefully, you will find that I use phraseology that supports this contention. Where others spout the epistimology of &quot;Take a taxi,&quot; I might say &quot;another possibility is...&quot;

If you can post references supporting your wild accusation, knock yourself out.

In fact, I've put up a web page detailing as many <i>alternatives</i> as I can think of:tinyurl.com/mpjhn
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Old Mar 18th, 2007, 11:40 AM
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Logos999 writes &quot;... Wow, thanks what a great idea!!! I have an &quot;endless&quot; supply of &euro;&euro;&euro;&euro;. $2 for 1&euro;, come on people they're cheap . (At least until the time, the USD crashes in a few weeks from now. Which is quite inevitable imho).&quot;

The USD 'crash' has been happening as an ongoing thing thanx to our President (i.e., ever since GW Bush took the US to war against Iraq). In years 2000 &amp; -2001 the exchange rate was:
1-Euro = $0.89. Now it's 1-Euro = $1.32. But that's still a lot better deal than paying a rate of $1.64 for each Euro (on Ebay) or a $2.00 offer you so generously make.


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Old Mar 18th, 2007, 11:50 AM
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&gt;still a lot better deal
Now, just wait 2 more months. ;-)
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Old Mar 18th, 2007, 11:56 AM
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Sellers (and their &quot;friends&quot sometimes bid the prices up on their own auctions, making the item appear &quot;hot&quot; to some buyers. That could explain this odd offering, although I'm surprised it's not against the TOU.

...sounds pretty controlling to me... -- now THAT was a stunning example of the pot calling the kettle black.
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Old Mar 18th, 2007, 12:04 PM
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Nothing like the facts Nedsir: the Euro started out 1.17 to the dollar 1990, dipped down .85 and is around 1.35ish today, hardly the &quot;ongoing crash&quot; that logos yearns for.
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Old Mar 18th, 2007, 12:05 PM
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Author: Robespierre
Date: 03/11/2007, 10:59 am
Sounds like you've made up your mind whether ambient noise or soothing music is more important, so I won't try to sway you.
&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&g t;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt; &gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;&gt;
The above was in reference to someone who disagreed that anyone with earphones &quot;screams tourist&quot;. Obviously your assessment was right and theirs was wrong. So rather than admit your mind is made up and you won't change, you point out that their mind is made up and they won't change. Very clever.

But in regards to Paris transportation I apologize. I'm not good with screen names and I must be thinking of another poster who has often put down the idea of taking a taxi with lines like &quot;if you have more money than sense&quot; and similar lines. Whoever that poster is has a tendency to make it clear that everyone is able to make his own decision, but some decisions would be just plain stupid -- sort of like the suggestion here that buying euros on ebay is not a good idea.

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Old Mar 18th, 2007, 12:32 PM
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&gt;&quot;ongoing crash&quot; that logos yearns for.
I never said that, this time it'll be fast. There's too much of the stuff circulating right now. I'll post again on this thread when it happens ;-)
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Old Mar 18th, 2007, 12:41 PM
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Notice: I didn't make any judgement whether music or noise is more important - only that the poster had decided the issue. Or is there some part of &quot;so I won't try to sway you&quot; that is unintelligible?

Whether one has more money than sense can determine a course of action in many circumstances. I don't recall having said that one is more desirable than another.

Buying foreign currency on eBay might be beneficial to drug dealers or smugglers of other commodities. To say &quot;No - unless they are giving them away&quot; does not cover many of the possibilities.

But I think it's the dogmatic tone that is the biggest problem.
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Old Mar 18th, 2007, 12:44 PM
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NeoPatrick&quot; :<i>I'm not good with screen names and I must be thinking of another poster . . .</i>&quot;

(BTW - you have it wrong - that poster nags about <u>London transport</u> - oops, sorry - same guy )
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Old Mar 18th, 2007, 12:50 PM
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Do enlighten us - where and when did this nagging take place?
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Old Mar 18th, 2007, 12:52 PM
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US = almost zero unemployment, 2.4% inflation rate
European countries = double digit unemployment, 6.46% infl.

I am not an economist and don't have a crystal ball but I'm going out on a limb to say that your assertion, &quot;the USD crashes in a few weeks...which is quite inevitable&quot; is tinfoiled hogwash.
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Old Mar 18th, 2007, 12:54 PM
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Ladies please!
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Old Mar 18th, 2007, 01:00 PM
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I hope the dollar doesn't crash because I still have some!!
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Old Mar 18th, 2007, 01:02 PM
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Fidel, admittedly you are not an economist but it seems you are not too uptodate with statistics either.
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