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- Apr 6, 2016
I recently did the same through my renters insurance. I had about 25 pairs stolen out of my basement storage. I sent over receipts and StockX/GOAT prices to show the current value. I thought that the insurance company would take the average price of the two and reimburse at that number. Luckily, they went strictly off of the resell prices and cut the maximum check per my policy. It was a happy surprise.I actually did itemize them all, with average stock x prices as the benchmark for replacement value estimation.
I think my friend figured out a way to use the stock x API to automate this into a spreadsheet if im not mistaken. I asked him to make something that identified the biggest deltas in asks/bids on GOAT vs STOCKX. I wanted to see if someone could make a living buying shoes on one platform (even at resell) and selling them on another for profit. Literally just functioning as the marketplace exchange.