Iconic basket maker Longaberger Co. has gone out of business but their products are still fetching a high price online.
The company, which until about two years ago was headquarted in a basket-shaped building in Newark, announced in May that it is going out of business.
The company’s closing could affect the price of Longaberger’s baskets. There were more than 73,799 Longaberger Co. products for sale on Ebay as of this morning and they are going for a wide range of prices on the online auction website.
The highest priced Longaberger item on Ebay is a complete Grandma Bonnie’s May Flower basket collection that is selling for $5,000, according to the website. Shipping and handling will cost the buyer another $75.
The cheapest Longaberger basket, which is squared shaped with a floral printed bow, is selling on Ebay for just under $2.
Cabinet displays with with multiple baskets make up the remaining top four highest-priced items, ranging from $787 to $1,700.
The most expensive single Longaberger basket listed on Ebay is a “rare miniature Larry Longaberger Bread & Milk Basket” which is selling for close to $750. The basket comes with free shipping.
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