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Secondary market ticket aggregator, TiqIQ, which provided Super Bowl ticket price data to Forbes.com 5 days ago when it was projected that ticket prices would be the lowest in 3 years and provides data on the average price of ticket listings, has delivered updated data on the sad state of the secondary market.
FORBES: Submergence Of The Super Bowl Ticket Market
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Ordinary jewels that come onto the secondary market bring maybe a third of their original price.
FORBES: The Cult Of JAR
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From an economic perspective, going back to arenas will most definitely increase the price of these tickets on the secondary market as tickets become more scarce if a shift occurs from 70, 000 to 22, 000 available tickets.
FORBES: Stadiums vs Arenas, Large vs Mid-Sized Markets: The NCAA's Method to March Madness
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Perhaps the most notable aspect of the sale, from a market perspective: While the rule of thumb for jewelry at auction is that on the secondary market pieces bring only a third of their original price, this collection reaped a hefty profit for the seller.
FORBES: Barkin Bling Brings Big Bucks
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Secondary market ticket aggregator, TiqIQ, has provided Forbes.com with ticket price data for the Super Bowl, which is up-to-date as of this morning.
FORBES: Ravens vs. 49ers Super Bowl Ticket Prices Projected To Be Lowest In Three Years
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His research suggests that it would make little sense to buy into an IPO unless you can get it at the offering price and sell it soon after it runs up on the secondary market.
FORBES: Financial Engines Is A Sharpe IPO