How I did on those Elton John tickets

Introduction

I had written about the Elton John farewell tour earlier.  Figure I’ll give you my results and the lessons learned.

Buying

I was able to get 8 tickets to his Portland show.  Why Portland you ask?  Because for some reason, he’s not playing in Seattle, which is a pretty big market.  And he’s not playing Vancouver either.  But he’s playing Boise, ID… go figure!  Can you imagine 3 big markets having to converge to one location?  My eyes just lighted up with $$$$$$.   p.s. there’s no way in hell people from Seattle are driving to Boise.

I was trying to get nosebleed seats, but could only get 6×200 level seats and 2×300 level seats.  The 200 level seats ran me $289 for a pair and the nosebleeds were $129 for the pair.  I listed them on the same day I bought them – Jan 25.

Selling

All 8 tickets sold a few days later.  The nosebleeds sold first for a $30 profit (23% ROI) and the 200 level made me about $125 per pair (43% ROI.)

Lessons Learned

When your tickets sell that fast, then for sure, you underpriced them.  Looking at SH prices now, those nosebleeds should be $300 take-home and the 200 level should be $650 take-home.  FML, I should have never checked.  I should have held out since the concert wasn’t until 2019, so would have had plenty of time.

Looking back at my nosebleeds vs 200 level prices, if I use the current market rates, the nosebleeds would be a 130% ROI and the 200’s a 124% ROI.

On the bright side, it does look like he’s coming to Seattle and Vancouver sometime in 2019.  Sign up for the verified fan here.  So there’s still definitely a play here with Sir Elton John.