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4/01/2006 02:35:00 PM
Street Market In Indy Redux (The Below-Face Edition)
A look down a busy Indy street corner where some scalpers were peddling Final Four tickets on Friday afternoon.
This is the second in the Blog's series of "scalper walks" -- informal attempts to gauge the Final Four ticket market on the street in Indy. The following dialogue occurred between 1-1:30 p.m. on Saturday. For reference, "books" are packages of tickets for both Saturday and Monday. My main conclusion from walk No. 2: that while lower-deck seats may still command a decent (above-face) sum, one can now get into the upper level for a song (below face).
Scalper No. 5, near the corner of North Illinois and West Ohio Streets:
No. 5, looking desperate, holding up the tickets in his hand: Yo, you need tickets? Me: I think so. No. 5: What do you need? Two? (Sort of thrusting them into my hand) Me: Hold on, what are they? No. 5: 300s. Singles for tonight. I'll do $100. ($85 is face.) Me, sensing that this is more than the going rate: I might give you $100 for two. No. 5: (After consorting with a crony for a few seconds) OK. Two for $100. (Thrusting them at me again) Me: Never mind. I'm gonna go look for better seats. No. 5: What? Nothin' wrong with these!
Scalper No. 6, on West Ohio and Capital Avenue:
Me: You selling? No. 6: How many do you need? Me: Two lowers. No. 6: I have two uppers. $250 a book ($170 is face). Me: Are you throwing in binoculars? 'Cause a guy down the block just offered me uppers for way below face. No. 6: I'm not selling below face. F--- that. You're lying anyway. Me: Alright man, good luck then.
Scalper No. 7, on West Washington and North Illinois:
No. 7: You need tickets? Me: Yeah, lowers. Two. No. 7: I only have upper books together. Make me an offer, I'm negotiable. Me: Uh, under face? I'm morally against paying over face value. No. 7: Under face? (Flashing an incredulous look) Me: Yeah, I'll give you $300 for two books (a $340 face value). No. 7: Give me $320. Me: All I have is $300. That's close enough, right? No. 7: Fine, $300. Me: I'll come back with your money. No. 7: I'll be here, but the tickets won't. Me: Right.
Hey, I've enjoyed your blogs all week. As someone who regularly attends the Final Four and is missing the event this year for the first time since 2000, it's been fun to read about what is going on behind the scenes, especially with the ticket scalpers.