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PostPosted: Mon May 21, 2012 10:39 am 
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Brummie Cabbie wrote:
toots wrote:
Brummie Cabbie wrote:
I would laugh my nuts off if some Nigerian scam artist bought it, transferred the money into the account of the seller [now the buyer knows the bank details of the seller], collected the Olympic torch in person and then nicked the money back out of the account he had paid it into.

How do they know the bank details of the seller?

The seller MIGHT ask the buyer to pay such a large sum directly into the seller's bank account.

I doubt if PayPal deal in such large amounts, but I could be wrong.


Paypal will deal in any amount they get a %

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PostPosted: Mon May 21, 2012 6:33 pm 
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toots wrote:

Paypal will deal in any amount they get a %



I'd hate to pay their charges for that amount.


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PostPosted: Mon May 21, 2012 7:25 pm 
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bloodnock wrote:
edders23 wrote:
I don't think ebay should have allowed this to take place without first establishing provenance it might turn out that this was a stolen torch not used in the relay

If it is genuine then I hope the seller donates some of the profits to the olympics definitely not in the olympic spirit


This just Typifies the Modern Olympics...Its No longer about an Amateur approach to Sport uniting the world and all about Commercialisation and making a Profit. :sad:


Thatcher would have approved .......

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PostPosted: Mon May 21, 2012 8:48 pm 
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GBC wrote:
and £24K left for a holiday!

Oh you go to the same place as I did this year. :sad: :sad: :sad: :sad:

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PostPosted: Mon May 21, 2012 8:50 pm 
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It was being sold for charity.

But not surprising the top bidders didn't exist. :-s

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PostPosted: Mon May 21, 2012 8:54 pm 
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gusmac wrote:
bloodnock wrote:
edders23 wrote:
I don't think ebay should have allowed this to take place without first establishing provenance it might turn out that this was a stolen torch not used in the relay

If it is genuine then I hope the seller donates some of the profits to the olympics definitely not in the olympic spirit


This just Typifies the Modern Olympics...Its No longer about an Amateur approach to Sport uniting the world and all about Commercialisation and making a Profit. :sad:


Thatcher would have approved .......


She probably still does..God bless her!


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PostPosted: Tue May 22, 2012 6:44 am 
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Former Olympic torch bearer slams ‘disgraceful’ eBay sales

May 22 2012

A former Wales’ rugby international who carried the Olympic torch before the London games in 1948 says those selling torches from this year’s games for profit are a “disgrace”.

Former Cardiff RFC captain and Neath player Charles Derek Williams has treasured the torch he carried in 1948 and hit out at those who began selling theirs before the first day of this year’s torch relay was completed on Saturday.

Among those selling the torches on online auction website eBay was Sarah Milner Simonds, from Burnham-on-Sea, who received a bid of more than £150,000.

The torchbearer, who was nominated for her work as a community gardener for the People’s Plot, said she put hers up for sale to raise money for the project she represents.

Some torchbearers have pledged to donate all or part of the proceeds from sales to charity.

But Mr Williams, 87, from Cardiff, said he was angered by those looking to profit for themselves, rather than people raising cash for charity.

The former rugby star, who earned two Welsh caps in the mid-1950s, said: “It’s disgraceful. It demeans the whole thing.

“If they want it for themselves that’s not right. I think that’s nothing but sheer selfishness and narrow-mindedness.

“If they’re going to give it to charity that’s a different matter.”

Torch bearers have had to pay the London Organising Committee of the Olympic Games (LOCOG) about £200 for their torches. Some say this has led to the commercialisation of the relay.

An advance group of vehicles in the relay, which travels between five and seven minutes ahead of the runner, contains three trucks sponsored by official Olympic sponsors Coca-Cola, Samsung and Lloyds TSB.

Impressive all-round sportsman Mr Williams, who played first-class cricket for Oxford University, boxed at amateur level and later became a two handicap golfer, will take his version of the Olympic torch to Llandaff Cathedral School, in Cardiff, on Wednesday.

Best known as CD Williams, he was also a middle-distance runner who missed out on competing at the 1948 Olympics. He was taking time off work to play cricket and couldn’t have any further leave to train for the London Games.

The former research scientist, who gained a DPhil in molecular structures at Oxford, said he’s never considered selling the 64-year-old torch, which is still kept in a cabinet at home.

Mr Williams, who is president of Cardiff Athletics Club, added: “As far as I’m concerned it holds much more sentimental feelings for me.

“Now, of course, it’s all about money. The present torch relay is all about money and advertising.”

A spokesperson for LOCOG said the torches belong to the torchbearers and it was “up to them what they do with them”.

“Obviously it was aimed that they would be for the torchbearers to keep at home but if they choose to sell them, then we hope that they go to a good owner,” said the spokesperson.

Each torch costs £495 to produce so they were being sold to torchbearers at a heavily subsidised rate, the spokesman said.

Torches have been sold at six of the last seven games and with the exception of Beijing the ones produced for London were the cheapest.

The LOCOG spokesperson added: “We are not making a profit from the sale of these torches, we are just covering costs.

“With regards to the commercialisation of the games, without the money from the sponsors we would not be able to run the games and it would ultimately result in the taxpayer footing the cost.”

Torchbearer Ms Milner said she was dismayed that people who objected to her decision to sell the torch had started sending her abusive e-mails.

She told BBC Breakfast yesterday: “Obviously it has really upset people, but I think that it’s not something that is really me – to keep my shiny trophy on a mantelpiece when it is obvious how much good one can do with the money that someone might be willing to pay for it.”

Source; http://www.walesonline.co.uk/news/wales ... -31018094/

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PostPosted: Wed May 30, 2012 1:50 am 
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There's so many on eBay now, the prices have dropped in some cases to under £3k.

Bet the first buyers at £140k are puzzled off!


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PostPosted: Wed May 30, 2012 4:52 am 
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GBC wrote:
There's so many on eBay now, the prices have dropped in some cases to under £3k.

Bet the first buyers at £140k are puzzled off!

By the time the games start, they won't be worth more than £2.50 and a burst balloon :wink:

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