Is it? Just curious.
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Depends on the context. Buying a bunch of Covid tests cheap and selling them for double cost would be unethical. Buying a designer coat at a thrift store and recognizing it as being worth much more isn’t.
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I have this ring I bought and want to sell it now as I don’t wear anymore. I paid £20 i want to resell for £25
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That’s fine. Nobody needs a ring, so if someone wants to pay that much, they can.
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I think that is fine. As long as you can find a buyer and aren’t misrepresenting it in any way.
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Absolutely not!!! Retail stores sell stuff to the public all the time this way!
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Thats nothing but I hate scalpers who buy and empty stocks of PS5, Xbox, PC components then sell them for over twice the regular price and these stuff never go on discount so they’re always at regular price.
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Dad and I do it all the time. It’s just business. If people don’t like it they can leave the planet.
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I made off like a bandit when I scalped my Wii during Christmas.
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Like it or not, we live in a capitalist country and it’s perfectly legal, acceptable and ethical to sell almost everything for however much you can get for it however low or high the price. @anon25873142 .
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These scalpers are using illegal chinese bots to instantly buy all stocks.
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If it’s a collectors item no. If it’s an essential item yes.
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I feel a little better about it thank you 
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Lol scalping toilet paper. I think ppl did it on Kijiji.
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Oh yeah some people bought all the toilet paper in our stores it was sillyness
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No, it’s not unethical to sell that ring for more than you paid for it. That is how the free market works. Buy low, sell high. That’s what every retailer does, they buy from their supplier at a low price, then sell it for a higher price at the store. If you always break even you’ll never get ahead, and if you do the opposite you’ll eventually go broke.
Some things can appreciate in value over time, such as jewellery, art, real estate, so selling for higher than you paid is the norm in those cases.
There are exceptions to what I said and @Ninjastar articulated a perfect example.
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Yeah it’s a huge difference when it is something people need to survive. Nobody is going to get sick or die because they didn’t have a cute ring. Nobody is dying over lack of ps5. People aren’t starving because they didn’t get front row tickets to a concert.
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By your logic, grocery and medical care prices shouldn’t be going up. But they are!
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I think using chinese bots to empty stocks should be illegal in NA like in the UK.
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