Most Expensive Item on eBay

Since the inception of eBay in September 1995, the online auction site grown quickly into one of the largest online marketplaces, based around the idea that lets eBay just be the auction house for individuals selling things. People buy or sell just about anything on the auction site including Homes, Mega-Yachts, and luxury automobiles, some of the most expensive items on the site, with prices needing up to eight digits.

The most expensive item ever sold on eBay was a 405-foot, steel mega-yacht (marketed as a Gigayacht) auctioned by the Fort. Lauderdale, FL based company, 4Yacht and designed by naval architect Frank Mulder of Mulder Design. The yacht was offered up for auction on eBay November 3rd, 2006 with a “buy now” price of $85 million. The price paid your 50% deposit of the full purchase price of $168,000,000.00 total. The sale of the most expensive eBay item coincided with the 46th Annual Fort Lauderdale International Boat Show. Craig Timm, President of 4Yacht Inc, is a strong advocate of using eBay as an additional marketing tool for his company competing in a global market.

4Yacht is at it again, as of January 2007, they are currently auctioning off another one of their Giga-yachts for a deposit of $99 million. Some of the astounding features of the yacht include: a range 16,000 NM, a helicopter garage, and fourteen multi-level VIP suites with panoramic views. If sold on eBay, this year’s edition of the yacht will hold the title of the most expensive item on eBay.

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