“Cash for rares”
Crazy profit margin: Lufthansa seats bring 200 times the purchase price
Jan Čížek and Esther Ollick take a close look at the Lufthansa seats that are for sale at “Bares für Rares”.
© ZDF
For just two euros, seller Karsten Schuch bought two rows of seats from a Lufthansa plane. With “Bares für Rares” he received a multiple of the purchase price.
“Ten years are enough,” said Karsten Schuch’s partner. And so the 50-year-old office employee from Oberding, Bavaria, packed his two Lufthansa double seats into the car and drove to “Cash for Rares”. Schuch bought the chunky parts for a ridiculous amount during his time at Munich Airport. The planes were redecorated by Lufthansa at the time and the old interior was sold to the employees. Karsten Schuch had the double rows as benches in the hallway.
The copies were manufactured in 2000, explains Detlev Kümmel. The cover is real leather and the seats are still in very good condition. Schuch would like 300 euros per row of seats, so a total of 600 euros. The expert doesn’t want to completely disagree: he thinks a range of 400 to 600 euros is realistic. “And there are life jackets on top of that,” adds moderator Horst Lichter.
“Cash for Rares”: The seller initially keeps a low profile
Jan Čížek opens the auction with 200 euros. Wolfgang Pauritsch and Esther Ollick are also taking part. When the dealers want to know how much money Schuch paid for the seats, the salesman remains silent. “I’ll tell you at the end,” he hints with a mischievous smile. Čížek then offers 350 euros. But Schuch doesn’t want to sell for that yet. He demands 400 euros – and gets it.
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Before the money is handed over, the 50-year-old reveals the secret of his purchase price: he paid one euro per row of seats. So in total he paid two euros and earned 200 times as much. Karsten Schuch admits that he had to smile a bit internally about the high profit margin. But as we all know, it is precisely these stories that make “Cash for Rares” so attractive.
Watch the video: “Cash for Rares”: Exciting and curious facts about the junk show on ZDF.
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