Money MattersDont Waste Your Money

Actions

Stanley cup craze: as prices soar, scammers swoop in

With cups selling for $200 or more on eBay, know the warning signs of a scam
When does the new Stanley cup color launch?
Posted

You might not expect to see a frenzy over a water cup, but it is happening nationwide. And now, shoppers are scanning the resale market for these collectibles, hoping to get lucky and find a deal.

But increasingly, that deal is turning out to be a scam.

Camping out results in a win

Aria Munoz and her dad, Vincent Marcus, were some of the first people in line at Target recently for their limited-edition pink Stanley cup.

“We spent the night at Target for the new Stanley Starbucks cup,” Munoz said. “On TikTok, these just started blowing up and I was like obsessed with them.”

Her dad decided to go on the hunt, telling us, “It's just a cup, right? But she wanted to do it. And I'd do anything for her.”

So they camped out in the cold outside Target, making it home with one of the coveted cups. Within hours, they saw the resale value was skyrocketing online.

“I think the most expensive one I saw was about $250 or $300,” Marcus said.

Scammers lure with discount ads

With demand for special edition cups climbing, scammers are now taking note. Amy Wiebell is among the growing number of scam victims.

"I had come across an ad on Facebook," she said, "and it showed Stanley cups on sale for less than half price."

The ad had a logo of a major national retailer, and the website looked like the real thing.

"They were advertising the 40-ounce Stanley tumbler (normally $45) for $19 apiece," she said.

She couldn’t believe her luck, so she ordered five of them for Christmas.

"I felt like Oprah," Wiebell said, "I was like, 'You're getting a Stanley cup; you're getting a Stanley cup,' and I even got one for myself!"

Unfortunately, it was all a scam. Nothing ever showed up, the selling site disappeared, and Wiebell was out almost $100 on the debit card she used to make the purchase.
 
Melanie McGovern of the Better Business Bureau warns shoppers to only purchase through sellers they know and trust.

“People want them. They want to be seen with them. That's where the scammers come in," McGovern said.

She says you need to ask yourself, “Do they have a good reputation? Have they been around for a while?” Next, watch out for copycat websites and ads on social media that seem too good to be true. The official site is https://www.stanley1913.com. She says beware of lookalike sites with slightly different URLs.

Wiebell now wants to warn other shoppers to be careful buying these cups from ads, especially if the price seems unusually low. As for Munoz and her dad Marcus, they say the memory of the time together waiting in line for a cup was priceless.

“You're gonna keep it? "Marcus asked. "Yeah, forever," his daughter said.

That way you don’t waste your money.

_____________________________
 

"Don't Waste Your Money" is a registered trademark of Scripps Media, Inc. ("Scripps").

Follow John:

For more consumer news and money saving advice, go to www.dontwasteyourmoney.com