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iu.classified was a newsgroup run on the IU Usenet servers for many years. It was one of the easiest ways to find and sell items in town prior to Craig's List and before the Onestart classifieds were ever thought of.
The group had been seeing less activity over time as USENET use faded and was sadly finally turned off in 2006.
It was not uncommon to see someone list an item and price then see a followup listing a new price or a blue book price that was lower.