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Not Mine 100 - $25 President Casino New Yorker Only 140$ (2 Viewers)
- Thread starter maxim_666666
- Start date
ACE'S FULL
Pair
No way someone bought these at $65 a rack and attempting to flip for a sweet profit....? No way that could/would happen right?
OP
OP
maxim_666666
Flush
125$...
You mean someone like @kmccormick100
Ouch, I didn't mean to piss anyone off in here, I was gonna play with em as quarters in our cash game but figured I would test the waters on eBay to try and help fund my mixed cash set instead. I'm obviously not trying to take advantage of anyone on here, or I would have listed them here. Apologies if this is frowned upon around here.
Ouch, I didn't mean to piss anyone off in here, I was gonna play with em as quarters in our cash game but figured I would test the waters on eBay to try and help fund my mixed cash set instead. I'm obviously not trying to take advantage of anyone on here, or I would have listed them here. Apologies if this is frowned upon around here.
Hey mate. I wasn't trying to call you out just pointing out you were a member here. Sorry if you feel that way. I don't understand the feelings towards chip flipping sometimes. To me it seems like a lot of people are fine with it at one point but ready to jump down the throats of others at another time. (Read pokerstars ASM chip find thread).
Thanks Stocky. I'm not trying to make a profit flipping chips here, if I clear any money it's going to end up in the pockets of members for the chips I'm trying to acquire for my set or compensating the fact that I've spent 2-3x my chip budget already.
I don't get this post...is there a statue of limitations before he can sell them? Or is there now a stigma to these chips that they must now and forever be sold at $65/rack? Does this extend to all chips for all time? If I scored a rack of original Dunes for $1/chip would I have to sell them for that?
I fully intend to sell the extras from the set I picked up at a price higher than I paid...and why the heck wouldn't I? I've made money and lost money on many chip deals...sometimes you're in the right place at the right time and score a deal and sometimes you have to sell when you don't want to...just the nature of the world.
It's true at times that some members turn into real shit bags (Silks from CT comes to mind), but they are really the exception and become well known and then are treated as such.
This whole shaming members for "flipping" chips is a load of shit and does nothing but demonize members and push newbies away.
OP
OP
maxim_666666
Flush
anyone can answer, what is wrong with these chips?
The PCNYs? Nothing, they're flawless mint secondaries.
OP
OP
maxim_666666
Flush
I understand ... why so much noise ??
Cuz I listed them at more than the fire sale price I got them at.
OP
OP
maxim_666666
Flush
I do not see the problem, it's your chips and you can decide at what price to sell them.
I almost did not see the ads selling chips received from Jim, for the same price ...
But on the other hand, is a forum for fans of these babies ... and not very welcome candid huckster ...
I remember the case on CT, when, after buying Oak Tree, someone immediately put them on the eBay, increasing the price in a few times ... it caused a flurry of indignation that had to remove this ad ..
I almost did not see the ads selling chips received from Jim, for the same price ...
But on the other hand, is a forum for fans of these babies ... and not very welcome candid huckster ...
I remember the case on CT, when, after buying Oak Tree, someone immediately put them on the eBay, increasing the price in a few times ... it caused a flurry of indignation that had to remove this ad ..
OP
OP
maxim_666666
Flush
but it seems to me that this is clearly not your case ..
bivey
Full House
That's about what I expected to get for them, why I put a BIN with offers. If I remember right you listed yours at $125 on here?
Psypher1000
Straight Flush
They were bought on eBay where anyone could have found them and are being sold on eBay, so I don't really have a problem w/the sale. That all seems fair game to me. I'd *prefer* that they were sold at only a slight mark-up, if any at all, since there are probably chippers here still looking for them - and even if there aren't, anything we can do to help keep chip inflation down for us is probably a good thing. Regardless, I don't see anything egregious here. The fact that I don't like it is relevant only to me.
Where I've become vocal in the past is when I see folks buy chips on PCF/CT or from The Chip Room at low-to-reasonable prices only to turn around and try to flip them right back to the same community or on eBay within a couple weeks for significantly higher prices. Selling extras from The Chip Room since he makes you buy in certain ratios is understandable. Selling something at current market prices which you bought years ago - or even months ago - is understandable. Where I really have a problem is the moves where it seems folks are simply using resources that come from the community for personal profit and no benefit back to th chipping community at large. To be clear, I don't see that very often. Sometimes I've spoken up out of turn & have been corrected (and have directly apologized to the folks involved). But yeah, when I see what seems to be a move strictly for personal gain to the detriment of the chippers here, I get bristly.
@monkeydog - You ask a reasonable question re: "statute of limitations." Unfortunately I don't think there's any single good answer to that. It's always going to be situational and circumstantial.
Last edited:
Psypher1000
Straight Flush
Yeah...I'd have a problem with something like that.
I understand people having different opinions on "flipping", but at the very least I would think everyone would have to agree that this is an area where reasonable people can disagree. If anyone is so convinced that theirs is the only reasonable opinion that they're willing to yell at someone else over it, then I guess I can only hope to have their ethical clarity one day.
bivey
Full House
So I was just messing around and checked who I sold my chips to before I posted my comments. I agree with Psypher for the most part and bobblehead jbutler as well.
I would only have a problem if I sold chips here on PCF to this community at a below market price in the admittedly unstated hopes that the chips stay in the collecting community and they were then flipped. That's taking advantage of my goodwill towards the forum members. If I see it even once, I will never be so kind again. But in the end, what a person does with their chips is entirely up to them, but with all actions come reactions and consequences.
And for fairness sake, I sold my PNYs for a slight profit after a couple of years of holding them - but below market value (IMO) of $100/rack.
In no way are my comments in post #18 to be taken with too much seriousness, as I was mostly having fun.
I would only have a problem if I sold chips here on PCF to this community at a below market price in the admittedly unstated hopes that the chips stay in the collecting community and they were then flipped. That's taking advantage of my goodwill towards the forum members. If I see it even once, I will never be so kind again. But in the end, what a person does with their chips is entirely up to them, but with all actions come reactions and consequences.
And for fairness sake, I sold my PNYs for a slight profit after a couple of years of holding them - but below market value (IMO) of $100/rack.
In no way are my comments in post #18 to be taken with too much seriousness, as I was mostly having fun.
manamongkids
Full House
I've gotten over chip flipping. I don't care at all anymore. Who cares if he makes a few bucks. Everyone at this point should be following Paulson as a search item on eBay. If you see something below market value go for it.
I see no difference between this and what Apache does but on a greater scale. I don't see threads started when he sells for a markup, again, which I have no problem with.
slisk250
Straight Flush
I think that Scott hits it pretty damn close. If I put up some chips in a "dibs" sale at a good price and another chipper quick to the trigger gets them and one week later puts them out at a huge mark up, that is just BS. They never wanted the chips. They just bought them knowing they could flip a quick profit. When that happens, it just sucks. When it is all on eBay, I don't see a problem really. The member selling the PCNY is trying to profit on these, but these chips are not wanted in the community much. There have been many on line for a long time, the secondaries are available in numbers and it's not a big deal in this case. We are all chippers, get emotional, and say things that we might like to forget. I remember suggesting that some guy get hit by a bus and Dave chilled me out. It was a case where I thought I had chips for a couple days only to learn that @bentax1978 scooped them in a PM. It's all good and worked out.
It is also the way in which you conduct a sale. I think there has been quite a bit of uproar about sales since the Trops and Dannys threads came up. I've never met Jayson and hear he is a good guy, but the style of the sale just rubbed so many people wrong. If he had just bought all the chips from the source then listed what was available, there would have been no issues. The problem was created by the photos that were posted. It let everyone see what could have been available but many chips never came to market. In that way, many people surmised (myself included) that Jayson made a huge profit in cherry picked chips, cash or both. Without those photos, nobody would have known. Jayson was in a position to profit from flipping them and perhaps he did. Not a crime by any means, but perhaps he wasn't necessarily the Mother Teresa of chippers as some have suggested or running a group buy like @justsomedude ran. He was just selling chips at what was probably a very nice profit in chips/cash. Again, not a crime but it rubs people wrong. I think this was the case. If the style of the sale were different, nobody (myself included) would have been giving H|Q crap publicly or in PMs among each other. After thinking about it a bit I've settled down regarding the flipping. It does disappoint me to know that there are some SPM tournament chips that seem to be just beyond my reach (less than 2 racks total) and I can't seem to get them and I've been looking for the T500s and T5000s a long time (forget the T25Ks, its a pipe dream). It's kind of like interviewing for a job you don't get...better to not know about it then to miss out.
No ill will for Jayson in this thread, just looking at it after the fact and making a statement about why people are frustrated.
It is also the way in which you conduct a sale. I think there has been quite a bit of uproar about sales since the Trops and Dannys threads came up. I've never met Jayson and hear he is a good guy, but the style of the sale just rubbed so many people wrong. If he had just bought all the chips from the source then listed what was available, there would have been no issues. The problem was created by the photos that were posted. It let everyone see what could have been available but many chips never came to market. In that way, many people surmised (myself included) that Jayson made a huge profit in cherry picked chips, cash or both. Without those photos, nobody would have known. Jayson was in a position to profit from flipping them and perhaps he did. Not a crime by any means, but perhaps he wasn't necessarily the Mother Teresa of chippers as some have suggested or running a group buy like @justsomedude ran. He was just selling chips at what was probably a very nice profit in chips/cash. Again, not a crime but it rubs people wrong. I think this was the case. If the style of the sale were different, nobody (myself included) would have been giving H|Q crap publicly or in PMs among each other. After thinking about it a bit I've settled down regarding the flipping. It does disappoint me to know that there are some SPM tournament chips that seem to be just beyond my reach (less than 2 racks total) and I can't seem to get them and I've been looking for the T500s and T5000s a long time (forget the T25Ks, its a pipe dream). It's kind of like interviewing for a job you don't get...better to not know about it then to miss out.
No ill will for Jayson in this thread, just looking at it after the fact and making a statement about why people are frustrated.
I didn't really know what I was getting into being new around here. I understand the frustration and both sides of the argument, especially with people getting burned or angered in the past. I'm just trying to figure out how best to fund my new addiction and get ahold of the chips I'm interested in...without burning bridges now. Thanks for all the back stories though, I didn't mean to start a big hullabaloo here haha.
slisk250
Straight Flush
You didn't start anything, there are no burnt bridges, you are fine. Trust me on this.
Psypher1000
Straight Flush
Truth.
Fact is, it's good that this discussion comes up from time to time, and it's good that folks newer to the community see it. There's obviously a wide variety of opinions on the matter; it's good for newcomers and veterans alike to see what the prevailing attitudes are (if any prevail at all). I tend to be a little bit more protective of the "community" aspect of chipping since I've been fortunate enough to benefit from a number of good deals from the people here, and I want to propagate that and sow that good will back into the community. Other's haven't benefited as much as I have in their chip dealings and maybe don't feel the same level of commitment to do the same, and that's completely understandable.
That goes for the lot of us. We all have to fund our sets somehow, and most of us don't have such levels of disposable income that we can drop 4- to 5-figures on a CPC set of our dreams or a mint set of casino Paulsons. That money's gotta come from somewhere, and for some people that means finding good deals and flipping them. My hope is simply that the "good deals" here go to people that actually need the chips, but that's just *my* hope.
bivey
Full House
"That's like....your opinion...man"
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