A female member who sold used goods worth 13 billion KRW on the secondhand trading platform Danggeun Market is a hot topic in online communities. [Photo by Danggeun Market]
[Asia Economy Reporter Hwang Sumi] A female member who sold used goods worth 13 billion KRW on the secondhand trading platform Danggeun Market has become a hot topic in online communities.
On the 15th, a post titled "Chaebol Seller Appears on Danggeun Market" was uploaded on the online community Wellbeing.
The photos included in the post captured Danggeun Market listings selling high-priced luxury accessories and watches secondhand, mainly in Seocho-gu, Seoul.
The seller posted listings for items priced from hundreds of millions to billions of KRW, including a luxury Rolex GMT Master 2 watch sold for 165 million KRW.
The items for sale included a Piaget Polo men's watch priced at 89.99 million KRW, an original Piaget watch at 82 million KRW, and a Van Cleef bracelet at 6.555 million KRW.
The seller also listed a Rolex Datejust model decorated with diamonds for 41.9 million KRW, stating, "Please inquire only if you really want it," and explained, "The store price exceeds 100 million KRW." This item is currently marked as sold.
The netizen who posted this shared screenshots of the seller's transaction history, explaining that "the total price of used goods sold amounts to 13 billion KRW."
Meanwhile, Park Hong-geun, a member of the National Assembly's Planning and Finance Committee from the Democratic Party of Korea, revealed on the 8th that luxury watches around 10 million KRW and gold bars around 7 million KRW had been traded on secondhand trading platforms. However, the taxation status of these transactions is not being tracked at all, raising concerns that if businesses continuously sell high-priced items through secondhand trading platforms to generate profits, it could become a "tax evasion blind spot."
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