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Actually yes there are People who paid that much in the US because they did not wait. I know of one (not me) friend whom I warned to wait till the date the tickets go officially on sale, but she could not resist. During the Shows we met more people who did pay around the mentioned figures for the pit. In the US it was either the package, the 85 $ Thing or secondary market. I do not know how big the chances had been in the sales in Australia, but at least you had the Option to try for the pit at a normal high Price the Special 99$ or the package..Quote
NICOS
What happens to unsold 3rd Party tickets?
They recycle them for the next tour.....................are actually people who will pay $2000-$3000 for a ticked?
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drbryant
Usually, seats on these websites are available at lower prices as the show date gets closer. There are exceptions. The last shows in London and Newark in 2012 were so popular that there were were few tickets available on the third party sites, even on the day of the show. At the second O2 show, there were a few hundred people outside the venue who could not get in. Quite a few of those people had been scammed by counterfeit tickets bought outside the Arena on the day of the show. I felt so sorry for them. Please be careful.
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bv
Many people rely on ticket brokers i.e. 3rd party ticket distribution. They may not be that fast or that informed, and the initial ticket sale is done and all is gone. They might not even have a PC, and they rely on somebody to take care of everything over the telephone, or my meeting up in an office. Just like organizing a holiday travel. Some do it on their own, but many can not do flights, tickets, accomodation and so on by themselves.
So around 30% of all tickets in USA are sold by ticket brokers, and they simply ask for market price. It is a distribution channel just like buying milk, bread or a house. Most of us have unlimited access to food and houses, but a concert ticket is a limited item so then there is always a distribution option.
If you think this is strange just go to a country where items are limited, like Cuba, and you will see secondary channels not just on tickets but also on fish, meat anything that you can not find in unlimited quantities.
The unsold tickets are not interesting. Just like the bakery. What happens to the unsold bread or cakes? Well the old people pick them up and hand them over to the birds next day. As for a Stones, show, like it is said here, the scalper prices drop as show time get closer, but they don't drop their pants. These are pro scalpers. They make their living from many shows, not just one, and they keep a certain price level. They can stand a loss, because they do know next week Justin Beaber or One Direction will be around, and as we all know, when the cute little children age 12 ask dad, the sky is the limit. You don't say NO to your child when Justin is inside the building. But a grown up guy may sday no to him/herself if the Stones are inside and the price is sky rocket size...