Olympic Torch Sales

[The Guvnor]

Apparently as a torch bearer you are given a torch to keep.

They are now being sold on ebay for thousands of pounds some people are outraged by this your thoughts?

[Saxondale]

It's not really in the spirit of things but everybody's after a quick buck.

EDIT: If the sale of a torch solely benefits a charitable cause then this is entirely different.

On a side note - the more Olympic nonsense I hear about, the more I get depressed about how many millions and millions of pounds are being pissed away on pointless things.

[Libertine Dream]

Some get given it for free, some have to pay towards it. Personally I think its all about the morals of the person, whilst its annoying some get ir for free and can sell it for big bucks, it is after all theirs. If they give it to charity then fair play, somebody who desperately wants one gets it, and a charity gains. If its sold and they keep a large amount of money then it does leave a nasty taste but what can you do, some people are just like that.

[stourbridgefox]

I'll get one to use as a garden light.

[I am Rod Hull]

I`m more bothered about the 20 odd billion pounds (10x the original estimate) that will have been spent on the Olympics, than someone trying to sell something to pay for their tuition fees...

[brockmyster]

Cost the torch bearer £250 odd to keep their torch

[AjcW]

The amusing part for me is that someone with plenty of ebay rep points who put a bid of 1,500 in a minute ago has just been consumed in a bidding war with someone who has 1 ebay reputation point and has driven the original bidder up to 7000 in the space of a minute lol

[brockmyster]

The amusing part for me is that someone with plenty of ebay rep points who put a bid of 1,500 in a minute ago has just been consumed in a bidding war with someone who has 1 ebay reputation point and has driven the original bidder up to 7000 in the space of a minute lol

Not only that but if u read underneath it says 'This listing is for a photo of the London 2012 Olympic Torch.' and '

This listing is for a photograph of the torch, and not the torch itself.

Only bid if you understand that you will not receive a London 2012 Olympic Torch.'

Surely not?!

[Tom17LCFC]

Not only that but if u read underneath it says 'This listing is for a photo of the London 2012 Olympic Torch.' and '

This listing is for a photograph of the torch, and not the torch itself.

Only bid if you understand that you will not receive a London 2012 Olympic Torch.'

Surely not?!

Absolute comedy gold!!!!!!!!!! lol lol.

Thinking about it, we could all make a fair bit of money by doing exactly what that seller's done. If only I didn't have a conscience

[Rincewind]

They did say on the news that the prices have been inflated by false bids just to get the price up.

Not sure what I'd do if I had one. If they cost £250 It would be a lot for me anyway. If I did not need the money urgent I would keep it. If I was offered silly money I would accept and probably give the majority of it to something like Cancer UK but as it is unlikely to happen it feels a lot better to say that and no one will know for sure.

Matt Mills for sale only £20000

This is for a photo of Matt Mills not the lifesize version which would cost considerably less.

[nigel]

http://www.ebay.co.uk/itm/London-2012-Olympic-torch-/120918157094?pt=UK_Sports_Memorabilia_ET&hash=item1c2748a726#ht_500wt_1361

Have a look at this as people appear to be bidding on a picture of the Olympic Torch.. Already up to £82!! for a picture on A4 paper.. Me thinks they haven't read the description..

[Guest]

What a laugh.

1. these people were selected to carry the torch

2. I understood that the torches could be kept for £200

3. Perhaps some of the people selected weren't good choices

4. once it's their torch they can do anything they want with it.

5. Not sure whether to laugh at the woman on the news yesterday justifying her sale, thinking she got £153,000 only to find out it's a fake bid

6. of course it was a fake bid you stupid money ho, people are pissed off at you

7. Original 1948 London olympic torches can be bought for £5000 - £10,000

8. Wait and the price of torches will drop - there are so many of them

9. I bet the olympic committee wish they had thought of selling torches signed by competitors on ebay.

10. Love the rip off merchants offering images of the torch.

[Jace]

To be fair if I had paid for 1 for £250 I would find it hard to turn down £50,000 for it. If I kept it someone would only break in and nick it anyway.

[Daggers]

I have some genuine Sexy Northamptonshire 2012 torches for sale, batteries not included.

£150.00 plus P&P

Get in quick as this offer is limited to the first 750,000 applications only.

[Guest]

I have some genuine Sexy Northamptonshire 2012 torches for sale, batteries not included.

£150.00 plus P&P

Get in quick as this offer is limited to the first 750,000 applications only.

Have you still got any left?

[Rincewind]

If the value is £50,000 the insurance on it would be more than £250. Plus you would need extra security measures for your home and I can't see my landlord being too happy if I install a barbed=wire fence around the property.

[cambridgefox]

On a slightly off topic rant.Why the fook was" Will i am " a torch bearer for the British held Olympics surely we have enough home grown talent from Somerset eg The wurzels!

[Trav Le Bleu]

If the value is £50,000 the insurance on it would be more than £250. Plus you would need extra security measures for your home and I can't see my landlord being too happy if I install a barbed=wire fence around the property.

In fairness, anyone who can throw away £50K on a piece of memorabilia (and what will come to be fairly common memorabilia in 2 months time) can afford the extra insurance.

That people want to pay so much for something that ultimately has no significance (other than being a "limited" edition 1 of 8000 piece of act (8000 is fairly massive for an issue of any kind of art)) baffles me.

[Trav Le Bleu]

On a slightly off topic rant.Why the fook was" Will i am " a torch bearer for the British held Olympics surely we have enough home grown talent from Somerset eg The wurzels!

I too thought this. He hasn't even got a proper name. Michael Johnson would have more of a claim to Britishness (I reckon he's my favourite Anglophile.)

[Rincewind]

I wasn't thinking of the buyer insuring it. If you bought something for £250 and was offered 50k but turned it down would not the value therefore the insurance cost go up?

[Trav Le Bleu]

I wasn't thinking of the buyer insuring it. If you bought something for £250 and was offered 50k but turned it down would not the value therefore the insurance cost go up?

I see what you mean - because insurance is based on percieved value, not what you actually paid.

Though you could argue that if you paid £250, then that is what it's worth.

[Leicester_Numan]

I think that selling the torches for charity is absolutely fine and good luck to them. Anyone who sells it for personal profit is money grabbing scum and is not the type of person who should have been carrying a torch in the first place.

[Captain...]

I see what you mean - because insurance is based on percieved value, not what you actually paid.

Though you could argue that if you paid £250, then that is what it's worth.

You have to declare anything that is of excessive value in your home contents insurance, so if you want it to be insured for £50,000 you would first have to prove that it is worth that, otherwise they won't insure it, and then pay separately for it to be insured. Otherwise it would be covered by contents insurance and would probably be valued at £250, and even if you could prove its value to be much greater than that they wouldn't pay out as you hadn't declared it.

you could probably claim it was worth £1000 and it would be covered, but you will have an upper limit on your contents insurance regardless.

[Rincewind]

How do these celebrities insure their body parts for 100k plus then?

[Guest]

How do these celebrities insure their body parts for 100k plus then?

They're not being insured against theft.