There may be a lot of them, but good ones are very good practical fishing reels.
I suspect that a lot are bought to try 'pin fishing; when it is discovered that practice is needed, the reel ends up in a cabinet, where, having no pretty spokes, it fails to impress, and finds itself back on ebay.
Still, in the end, it should find an owner who will discover the fun of catching fish on the pin, and at a fair price, too.