Not Mine 2000 Paulson Chips $900 (2 Viewers)

[manamongkids]

I'm open for debate, this is a small community, probably around 200 super active members if I had to guess.

Openly flipping chips is not a great look, bad karma, yes. But people are just going to be less likely to post desirable eBay links for great deals if someone is going to flip them, Which stinks tbh.

Also, once you become known as a flipper, people are going to be less likely to deal with you moving forward, that is all.

 

[DrStrange]

Every chip I bought in the last seven years was going to be flipped.

But I never figured out the second step - ended up buying lots and selling none.

 

[MegaTon44]

I'm open for debate, this is a small community, probably around 200 super active members if I had to guess.

Openly flipping chips is not a great look, bad karma, yes. But people are just going to be less likely to post desirable eBay links for great deals if someone is going to flip them, Which stinks tbh.

Also, once you become known as a flipper, people are going to be less likely to deal with you moving forward, that is all.

Prime example

http://www.pokerchipforum.com/threads/casino-de-isthmus-james-bond-poker-chip-set.12270/

If @chipjoker wanted to snatch this up for $300 (heck, probably could have negotiated down to $250), and sell here for $450, some folks would clamor to get decent CDI chips for $1.50 with a case. Not everyone knows about LetGo, let alone to look in CA on there for chips. Posting links is usually done for altruistic reasons, or to have a laugh at sellers in good fun (asshole-ish in its own right, but we need to entertain ourselves somehow).

Anyway, I'm too new to talk about etiquette, but I appreciate people's efforts in researching good deals across the internet and posting here so members who want/need those chips can benefit.

 

[chkmte]

Folks,

I'm here because I also love poker and poker chips. I'm going to be buying up lots that I believe are a good value and redistributing them to the community. However, my monetary investment, time and labor will not be free. I am doing this for fun - but yes, I will be charging a little more than I paid. That's the reality. If you have a problem with that, fine.

I look forward to swapping clay with those who appreciate my efforts.

- Tim

 

[rowlin]

lolol

 

[atomiktoaster]

Let me explain how this works. I do my homework and find what I feel are value buys. Then, I risk/invest my money (in this case $1000) to obtain the lot. In this buy Ill have to remove 4000 stickers from each chip, clean them all using an Ultrasonic cleaner (again, another hefty investment) and possibly oil each one by hand. From there, I'll allow others - like you - to either trade or purchase a small quantity of these chips to help build there collection. This is called marketing...and it also takes time and money.

Now, as I understand you and a few others have a problem with that. You think guys like me should do all the above for free - no return on investment.

No one asked you to "do all of the above". If you look at the community, there's plenty of support for resellers. Josh at Apache and Jim at The Chip Room run businesses that basically flip chips, and they're both pretty beloved here. There's a huge difference in how to go about it though. I'll give you a hint: calling people who disagree with you ignorant and unemployed isn't how you build a reputation as a trustworthy seller. At this point, I'm sure I'm not alone in deciding that I can't risk doing a chip deal with you in the future, but chippers gonna chip, so I'm sure you'll make a good return on your ultrasonic machine anyway.

In the end, the market isn't changed that much whether good deals get snapped up by flippers or just added to some basement collection and removed from the global supply. How "the real world works" and how things generally go around here are pretty different, and I'd prefer it to stay that way as much as possible.

 

[Meddler2]

I've never quite understood why people living in a capitalistic free market society get so bent outta shape when chips are "flipped". Most people here have sold sets for more than they purchased them. Is the a more accepted method of announcing it without pissing off the communty? Probably, but at the end of the day who cares.

 

[jbutler]

Does no one else find it hilarious that the guy who's straight up about being here to make a buck has an avatar that looks like a LinkedIn profile pic?

Re: flipping; I don't really give a fuck anymore. Jim Shaffer's quantity policies have pretty much eliminated the only circumstance in which I had a really strong opinion which was when he used to sell low supply high denom chips with no cap and Silks and others would buy and insta-flip for double or triple his price after he sold out.

I do find it kind of funny that we're worried about people flipping Paradice $5s when you could hardly give those chips away until recently.

 

[manamongkids]

Does no one else find it hilarious that the guy who's straight up about being here to make a buck has an avatar that looks like a LinkedIn profile pic?

Re: flipping; I don't really give a fuck anymore. Jim Shaffer's quantity policies have pretty much eliminated the only circumstance in which I had a really strong opinion which was when he used to sell low supply high denom chips with no cap and Silks and others would buy and insta-flip for double or triple his price after he sold out.

I do find it kind of funny that we're worried about people flipping Paradice $5s when you could hardly give those chips away until recently.

I think it was the tone and middle finger to everyone who spoke up that rubbed people the wrong way.

Signing off, respectfully yours
Andrew

 

[jbutler]

I think it was the tone and middle finger to everyone who spoke up that rubbed people the wrong way.

Signing off, respectfully yours
Andrew

I didn't see an objectionable tone or anything that could be construed as a "middle finger" until he had been called an asshole and told to choke on the chips at which point his response was entirely appropriate imo.

 

[manamongkids]

I didn't see an objectionable tone or anything that could be construed as a "middle finger" until he had been called an asshole and told to choke on the chips at which point his response was entirely appropriate imo.

Thats what I'm talking about

c'est la vie
Andrew

 

[Psypher1000]

But I never figured out the second step - ended up buying lots and selling none.

If you ever get to step two, you might incite a feeding frenzy!

Does no one else find it hilarious that the guy who's straight up about being here to make a buck has an avatar that looks like a LinkedIn profile pic?

I definitely noticed. IDK about hilarious, but certainly appropriate!

 

[jbutler]

Thats what I'm talking about

c'est la vie
Andrew

So it "rubbed people the wrong way" that he talked a bunch of shit to Dave after Dave called him an asshole and told him to choke on his chips? I guess he should have thanked Dave for his valuable opinion?

FWIW I don't think Dave's tone was out of line at all. I happen to disagree with him on this, but if I felt as he does and as strongly as he does I'd have probably said something similar.

But I wouldn't have expected others to object when the guy shoots back in a way that was also absolutely justified imo (though we are all delicate snowflakes who can't handle words we can hear on basic cable, so we have been mercifully protected from the "vulgarity" with sanitizing edits).

 

[atomiktoaster]

So it "rubbed people the wrong way" that he talked a bunch of shit to Dave after Dave called him an asshole and told him to choke on his chips? I guess he should have thanked Dave for his valuable opinion?

FWIW I don't think Dave's tone was out of line at all. I happen to disagree with him on this, but if I felt as he does and as strongly as he does I'd have probably said something similar.

But I wouldn't have expected others to object when the guy shoots back in a way that was also absolutely justified imo (though we are all delicate snowflakes who can't handle words we can hear on basic cable, so we have been mercifully protected from the "vulgarity" with sanitizing edits).

It's the smarmy "have it both ways" attitude that really bugs me. Either act like a business and be mature enough to hold back, make your money and treat everyone like potential customers or be a community member, shoot off arguments, and expect sympathy for your efforts when you buy and sell chips.

 

[jbutler]

It's the smarmy "have it both ways" attitude that really bugs me. Either act like a business and be mature enough to hold back, make your money and treat everyone like potential customers or be a community member, shoot off arguments, and expect sympathy for your efforts when you buy and sell chips.

That's fair. I guess we disagree as to whether he's "acting like a business". It looks to me like he is. He was absolutely up front about flipping the chips. Not sure how you could act more like a business in this context.

 

[manamongkids]

That's fair. I guess we disagree as to whether he's "acting like a business". It looks to me like he is. He was absolutely up front about flipping the chips. Not sure how you could act more like a business in this context.

You guys are forgetting the cardinal rule here, you have to sign off on all your posts. Clean it up.

Cheers
Andrew

 

[jbutler]

BTW, we're seeing in this thread the damage that comes from editing "offensive" posts after the fact.

To people reading now it looks like @chkmte just totally flew off the handle at @BGinGA with little provocation when in reality Dave's initial post - pre-language policing - called the guy an asshole and told him to choke on the chips. By @Trihonda editing Dave's post and leaving up the bulk of @chkmte's, it looks like @chkmte is a giant dick when in reality his response was completely justified.

Asshole,
Jack

 

[jbutler]

Also I hope one of the anti-flippers in this thread wins @courage's raffle so I have a shot at buying the chips from them for under 2 cents each. Gotta pass those savings onto the community!

 

[links_slayer]

Also I hope one of the anti-flippers in this thread wins @courage's raffle so I have a shot at buying the chips from them for under 2 cents each. Gotta pass those savings onto the community!

i'm not selling after i bink. sry not sry

 

[bentax1978]

Asshole,
Jack

Asshole Jack, did you accidentally put a comma in there at the end of your post

 

[Psypher1000]

Also I hope one of the anti-flippers in this thread wins @courage's raffle

That's a part of why I'm not entering the raffle - but only a small part, which leads to my general take on the matter: when it comes to chip-flipping, it's all situational.

If someone wins Courage's raffle just to flip the chips, I actually don't care too much about that since we all had an equal shot at it, and many folks won't have use for 1k $1 chips - BUT - I might be more miffed if they tried to flip them to the community at typical eBay prices. What would I consider a fair price, you ask? Where's the line, you ask? How long should someone have to hold chips before reselling at a higher price? Honestly, I don't know. It probably depends on the day, the market, my coffee/fatigue/alcohol ratio, etc., so it's a good thing I'm not the judge on such matters. I'm certain that I couldn't be consistently fair in all these situations; I'm not sure that anybody could.

As for this particular matter, it's hard to say - the chips haven't been offered up for resale to my knowledge. I do tend to agree with @atomiktoaster in that nobody asked him to de-label/clean the chips, but by taking those actions ahead of time w/o consulting w/potential buyers first on a price for his labor, he may well be limiting his own buyer pool. In other words, those actions are *probably* -EV in the long run. Plus, as Jack said, these are relatively easily obtainable/cheap chips as casino Paulsons go so attempting to flip them is indeed a risk, and the odds of someone needing them for a set are relatively low. I would have liked to have seen some more time allowed for other chippers interested in keeping/using the chips to snag the set before he pulled the trigger, but he said upfront that he's looking to flip them, and if you're in it to make a buck you can't afford to wait while a good deal is out there.

All that said, I'd still really have preferred to see them go to a newer chipper as their "My First Paulsons" set or to someone/someones that were looking to top off an existing set. I've benefitted from this community trying to keep prices reasonable. I try to pay that back/forward, and I continually hope and encourage all upstanding members of the community try to do the same.

 

[H|Q]

Asshole Jack, did you accidentally put a comma in there at the end of your post

Then it would be Asshole Jack, which sounds like something from the dark corners of the internet.

 

[chkmte]

First of all, let me apologize for becoming cranky whenever I got called an asshole.

Next, I agree nobody asked me to do anything.

Third, if you want to get bent of shape about what I do or don't do - perhaps you should wait to actually see what I do. If I offer Even Stevens, cleaned up and ready to go for 20% less that eBay prices...one could argue I'm making a positive impact here.

I'm not sure how I got caught in the grinder here. If I upset you, I apologize. Plain and simple. I'm just not the type of guy to sneak around and bullshit you.

At the end of the day, Im just a hobbyist with a little entrepreneurial spirit.

 

[jbutler]

Then it would be Asshole Jack, which sounds like something from the dark corners of the internet.

"Hello, GoDaddy, I have a question...oh is that so...that's too bad."

 

[MegaTon44]

First of all, let me apologize for becoming cranky whenever I got called an asshole.

Next, I agree nobody asked me to do anything.

Third, if you want to get bent of shape about what I do or don't do - perhaps you should wait to actually see what I do. If I offer Even Stevens, cleaned up and ready to go for 20% less that eBay prices...one could argue I'm making a positive impact here.

I'm not sure how I got caught in the grinder here. If I upset you, I apologize. Plain and simple. I'm just not the type of guy to sneak around and bullshit you.

At the end of the day, Im just a hobbyist with a little entrepreneurial spirit.

All bullshit name calling aside, I can respect this. We peddle our dirty ass chips around all the time and this dude wants to clean and oil them and make a few bucks. Though I respect the generosity and sanctity of this community, I can't knock the hustle either. He obviously has a passion that we all share, so I'm not judging anyone.

 

[Ronoh]

I am trying and failing to understand why people are jumping on this guy yet I've never heard a negative word spoken about the Wynn tournament chips that immediately started selling at 10x their purchase price.

Some of the main anti-flippers in this thread are the same ones who say "buy the lot and sell off what you don't need, you might end up getting the portion you want for free".

Flip away.

 

[jja412]

I am trying and failing to understand why people are jumping on this guy yet I've never heard a negative word spoken about the Wynn tournament chips that immediately started selling at 10x their purchase price.

Some of the main anti-flippers in this thread are the same ones who say "buy the lot and sell off what you don't need, you might end up getting the portion you want for free".

Flip away.

Which leads us to a life lesson: Don't hate, appreciate. Show positive response to those who do things with generosity, and learn to ignore/show grace to those who act the way you'd expect random guy on the internet to act. Peace, love, and...Paulsons?

EDIT: Just realized my quoting of Ronoh might be misconstrued as criticism. Not at all my intent.

 

[atomiktoaster]

I am trying and failing to understand why people are jumping on this guy yet I've never heard a negative word spoken about the Wynn tournament chips that immediately started selling at 10x their purchase price.

Some of the main anti-flippers in this thread are the same ones who say "buy the lot and sell off what you don't need, you might end up getting the portion you want for free".

Flip away.

I think the difference is you can get a lot of mileage from an established reputation. @chkmte did a lot to dial back my personal feelings with the last post. You're right, if the chip count and price had been 1/3 of this, I would have been really tempted to add on 50 Aztar $100s and sell the rest myself at market prices. A "hobbyist with a little entrepreneurial spirit" isn't generally a problem around here, but an entrepreneur taking advantage of hobbyists ruffles feathers and rightly so. @chkmte, if you follow through with what you said, there's a good chance everybody can move on happily.

 

[Andrew Marks]

I have to side with the seller here because as I have said in the past, there is risk and capital outlay in buying chips from anyone. They may not be delivered. They may not be what is being advertised. They may not be in the advertised condition, etc, etc. Moreover, one would assume that if someone posts an eBay link it is because they don't wnat to take the risk/put up the capital. I don't think it should matter one bit what someone paid for the chips. The only thing that should matter is whether they are offering the chips at would is a reasonable price.

Of course many of you will say that I have flipped chips before which I have. I don't think anyone who has bought chips from me has complained. It's a free country and we live in a capitalist society and no one is forcing anyone to buy them (whether it is because the price is not right or you are against flipping). Why does it matter what the seller paid for the chips? If someone can grab a great bargain, why do you hnold that against them and demand that they pass along that bargain to you when they took all the risk. Sorry, but while I agree this is a good community and we do provide each other with favors and deals, I don't think there is anything wrong about the seller flipping these chips.

 

[Meddler2]

Somebody needs to buy up as many of these as possible before they change racks. Given recent market conditions, all would seem to be good investments (not to mention nice chips)

Isn't this the same as "flipping"? Buying casino chips in hopes they increase in value for future profits?