When we think of eBay auctions, we usually think of them as a way to convert items into cash. That’s probably the simplest goal of an eBay auction, but there are other reasons. This article explores the reasons we sell things on eBay. Some of them might surprise you.

A World War I Victoria Cross (VC) medal has been sold at auction in Sydney for $486,000 with commissions and GST.
The identity of the buyer is not yet known.
The medal was originally awarded to Townsville’s Lance Corporal Bernard Gordon in 1918 for his actions in France.
He was awarded the VC for “conspicuous bravery and devotion [...]

The company now expects a full year profit of between $3.2 million and $3.4m.
Turners blames the slowing economy as fewer used cars are being bought and sold, particularly in the second half of this year, with trading at its lowest level in over five years.
There’s also greater competition for Japanese used cars, with Russia buying [...]

Months after the record-breaking sale of a rare Victoria Cross, another one has come up for auction.
Lance Corporal Bernard Sidney Gordon’s grand-daughter is reluctantly selling his medal to help provide for her extended family.
In 1915, 24-year-old Lance Corporal Bernard Gordon joined the 41st battalion in Townsville.
The next year he was sent to the trenches in [...]

Original handwritten lyrics by Sir Paul McCartney and a guitar once owned by the late Jimi Hendrix are among the items in an upcoming New York auction of rock memorabilia.
Other items at the Dec 4 auction include personal letters and notes by Bob Dylan and an interview recording with the late John Lennon.
Macca’s lyrics for [...]

ONE of the first pair of number plates issued in Victoria fetched almost $220,000 at a Melbourne auction tonight.
The plates, pressed in 1910, read “VIC 41″ signifying they were issued for the 41st vehicle registered in the state.
An anonymous phone bidder paid $218,300 for them, and the price includes the right to display them on [...]

INTERNET auction house eBay has removed from sale a set of letters purported to be written by Alan Jones to a man who claims to have had a relationship with the broadcaster.
Marcus Schmit, who claims in Chris Masters’ biography Jonestown to have had a relationship with the 2GB host in 2001, was hoping to sell [...]