What Would You Do With A Spare $14,654.72?

noah | January 8, 2008 1:15 am
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Hole up at a hotel for a month and pay the staff to disable your room’s Internet access? Give new meaning to the term “bulk candy”? Distribute gold dollars on street corners until you got mugged? The possibilities are endless, really! And yet there were some people who decided that they could use that money to buy a single ticket to Led Zeppelin’s reunion gig at the O2 Arena in London last month, according to the UK ticket-resale site Seatwave.

The average price of a resold ticket for the show was £7,425, with the highest price going for a mere hundred pounds more. (Well, it’s mere if you don’t think about the fact that a hundred pounds is 80% of the ticket’s original face value of £125.) No word on where the low end of the curve bottomed out, but I am wondering if those £7,525 tickets skewed Seatwave’s curve a bit, if only because they neglected to release just how many tickets they sold at auction. But the fact that there was even one person out there willing to pay the equivalent of £470.31 a song is worthy of note. If only I could try to get his or her number, since clearly this person has a lot of spare cash on hand.

Led Zep tickets fetch £7,425 as online ‘touts’ strike gold in £200m bonanza [Guardian] [Photo: Getty Images]

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