On EBay there is £110.00 worth of Sainsbury's Gift Vouchers for sale. There are 6 bids totalling £110.05. Now I am not that bright with adding up, but even I can't see the benefit there. Can anyone explain ?
I am not exactly sure what these Sainsburys vouchers are, but I presume that they can be used anywhere in the shop. So people can buy their beer 'n baccy with them, or anything else that Sainsbury's sells. So I am still unsure why somebody would sell them for less that their face worth ?
The point Fusion5 is making, is that they are already selling for MORE than their face value.
I don't get it either Fusion5. We sell our faulty stuff on auctions and it sometimes fetches more than the item does brand new!
An elderly friend of mine was sent £300 worth of Sainsburys vouchers for as a refund for something or other, I can't remember exactly. They were in denominations of £50.00.
She is a widow and no way would she spend £50.00 in Sainsburys, in one go. The problem is, if you use a voucher, you don't get change. So for her weekly shop of roughly £35.00 she would lose out by £15.00. We bought the vouchers from her, at face value.
I am assuming it must be a man bidding?
My guess is because men can only count up to 21.....and that is when they have taken their shoes and socks off ;-)
I sold some M&S vouchers on EBay for a little over the face value. I was amazed and convinced they wouldn't pay or they would come back with some sort of problem.
But they didn't and,like Fusion, have always wondered why.
Jackdaw, that's not how eBay works. It's the highest bidder who is currently offering £110.05, but they can be outbid if someone else raises their limit.