It seems to occur in all types of item, especially collectibles. Sometimes it’s a musical instrument that it looks like might have been owned by a famous person and they just are being cagy and indirect.
Is it a business practice to post weirdly high prices so that they will get met by automated or naive human actions?
I see a canadian silver dollars that looks like garbage, for $900+. It has a cert (not the ANA or whoever to be sure) on a little slip, in a plastic envelope. For real. And the things are worth 5-15 dollars in reality.
Wouldn’t the bad reviews catch up with you? As strategy I don’t get it.