Founded in San Jose on September 4, 1995 by computer programmer Pierre Omidyar as Auctionweb, part of a larger personal site that included, among other things, Omidyar's own tongue-in-cheek tribute to the Ebola virus.
The first item ever sold on eBay was Omidyar's broken laser pointer for $13.83. Astonished, he contacted the winning bidder and asked if he understood that the laser pointer was broken. In his responding email, the buyer explained: "I'm a collector of broken laser pointers." The frequently repeated story that eBay was founded to help Omidyar's fianc'e trade PEZ Candy dispensers was fabricated by a public relations manager in 1997 to interest the media. This was revealed in Adam Cohen's 2002 book and confirmed by eBay.
Jeff Skoll was hired as the company's first president and full-time employee in 1996. The company officially changed its name to eBay in September 1997. Originally, the site belonged to Echo Bay Technology Group, Omidyar's consulting firm. Omidyar had tried to register the domain name EchoBay.com but found it already taken by the Echo Bay Mines, a gold mining company, so he shortened it to his second choice, eBay.com.
Items and services
Millions of collectibles, appliances, computers, furniture, equipment, vehicles, and other miscellaneous items are listed, bought, and sold daily. Some items are rare and valuable, while many others are dusty gizmos that would have been discarded if not for the thousands of eager bidders worldwide, proving that if one has a big enough market, one will find someone willing to buy anything. Anything can be sold as long as it is not illegal or does not violate the eBay Prohibited and Restricted Items policy. Services and intangibles can be sold too. It is fair to say that eBay has revolutionized the collectibles market by bringing together buyers and sellers internationally in a huge, never-ending yard sale and auction. Large international companies, such as IBM, sell their newest products and offer services on eBay using competitive auctions and fixed-priced storefronts. Regional searches of the database make shipping slightly faster and cheaper. Software developers can create applications that integrate with eBay through the eBay API by joining the eBay Developers Program. As of June 2005, there were over 15,000 members in the eBay Developers Program, comprising a broad range of companies creating software applications to support eBay buyers and sellers as well as eBay Affiliates. Controversy has arisen over certain items put up for bid that can be considered as violating ethical standards. For instance, in late 1999 a man offered one of his kidneys for auction on eBay, attempting to profit from the potentially lucrative (and, in the United States, illegal) market for transplantable human organs. On other occasions, people and even entire towns have been listed, often as a joke. In general, the company removes auctions that violate its terms of service agreement within a short time after hearing of the auction from an outsider; the company's policy is to not pre-approve transactions. eBay is also an easy place for unscrupulous sellers to market counterfeit merchandise, which can be difficult for novice buyers to distinguish without careful study of the auction description.
Items Sold On Ebay
Fellows and Sons is putting on an antique jewellery auction, where 20 of the items for sale were originally made and hallmarked in Birmingham.
The unrelated lots can be seen in the firm's online catalogue:
Because Fellows & Sons is 131 years old, it would have been around when some of the items were originally made in the city.
And it is still based in Birmingham's famous jewellery quarter, where antique jewellery has been made for many decades.
A total of 970 lots will be available on the day, both in person and via online bidding at
You can also hear a live audio feed of the auction.
Here are three of the Birmingham antique jewellery items coming home to be sold:
Lot 681: An Edwardian 9 carat gold heart shape pendant with overlaid floral design detail and a sapphire set flower. It's hallmarked Birmingham 1904, and is expected to fetch between £130 and £200
Lot 681: An Edwardian 9 carat gold heart shape pendant with overlaid floral design detail and a sapphire set flower. It's hallmarked Birmingham 1904, and is expected to fetch between £130 and £200
Lot 802: A Victorian 9 carat gold double row curb link bracelet, with partial inter-spaced textured links to the one row, and a padlock. It is hallmarked Birmingham 1900, and is valued at £80 to £120.
Lot 918: An Edwardian 9 carat gold bloodstone signet ring, with a central shield shape bloodstone panel. The hallmark is Birmingham 1901 and it's valued at between £50 and £100
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