Old, used Mobile Phones attracting huge value bids on eBay. WHY IS THIS ? !!!!?

Question

I noticed how a lot of old mobiles fetch huge prices when auctioned on eBay and I can't for the life of me figure out why ?! eg. A 'used Sony Erricson W550i with minor scratches' recently achieved over £1200 when the same NEW phone on Amazon is retailing at £85. I just can't work out why. There are lots of examples of old phones selling for astronomical amounts. Anyone understand why?

Answer 1

it is bcoz some phones have defect in them, or they to old so that some one buy.

So what they do they start bids on them, if phones look good to the bidder then person start bidding so that they can have that phone in low rates and in such a way bid goes on and in end gets a huge amount.