Why you shouldn’t pay $500 for a copy

As I posted yesterday, people are putting copies of “Opal” on ebay, hoping to cash in on the Kaavya Viswanathan plagiarism scandal. Today on Amazon, copies are still being offered for $80-120. But on ebay, bidding has cooled off. Prices were up in the $50 range yesterday. Not today.

This may be why: according to The Book Standard, about 12,000 copies were sold before Little, Brown pulled the book.

That’s a lot of copies. I’m no expert, but I can’t see the value going much higher than $50. Not for the foreseeable future. So if you own a copy and want to double your money, go for it. But if you’re thinking you’ll buy a copy at that price and flip it . . . maybe not such a good idea.

[tags] Kaavya Viswanathan [/tags]

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2 Responses to Why you shouldn’t pay $500 for a copy

  1. Frankly, I don’t plan to pay even $5, much less $50, or more.

    But thanks for the advice.

    John

  2. Kirsten says:

    Me either, but if I’d already bought a copy, I’d seriously consider popping it up on ebay now :-)

    Actually the time to do it would have been about Monday . . .

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