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Chip Picking (2 Viewers)

monkeydog said:
Just curious if the "flipper" label applies to all chippers equally?

All those above with their "private by invite only sales"...you going to sell them for EXACTLY what you paid for them?
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Pretty much and have a history of doing it. Ask @Mr. Cheese , @links_slayer , @Psypher1000

krafticus said:
I may be stepping out of line... but what about site vendors that buy and resell at a marked up price
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If they bought chiproom chips just to flip, they are site vendor flippers.

Parrothedd said:
Some of us won the race & some didn't. Don't complain. Do better next time. Ever try to buy front row tickets to a popular concert?
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Thanks for the advice. I'll try my best to circumvent Saudi internet blocking while trying to complete a purchase with VPNs a runnin'!!
 
monkeydog said:
All those above with their "private by invite only sales"...you going to sell them for EXACTLY what you paid for them? Or will it be for more?
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slisk250 said:
Pretty much and have a history of doing it.
Click to expand...
^^ Can also confirm. And have done the same myself, including recently with 480 mint secondary Horseshoes (25-100-500-1000 denominations), sold to three different chippers who needed them, and at my actual cost.

Could I have sold them on the open market for more? Sure, probably at least 2-3 times as much. But it's not always about the money for some folks in this hobby. There are dozens of people here who share similar values, and get true enjoyment helping others build sets and achieve their chip dreams..

And doing so doesn't make me a member of any pitchfork crew or some ultra-secret Illuminati club (whatever the fuck those are), or guilty of bullshit clique behavior, or involved in some nefarious chip conspiracy. Same as me selling chips that I no longer want or need (sometimes for a small profit, other times for a loss) doesn't make me a chip-flipper, either. I consider myself a golden rule chipper -- when buying, trading, or selling (or just giving away chips for free), I try to treat others as I would like to be treated.... and I tend to avoid those who try to take advantage of others.

If that is "fucking ridiculous" to you, then we have very different definitions of those words.

I think Josh summed it up nicely:
links_slayer said:
It's tough (impossible?) to gauge intent but there are certainly folks who seem to be in the game more for the money than the passion/fun/hobby/etc. They know who they are and we know who they are. You don't want to buy from them? Don't. You don't want to sell to them? Don't. They're gonna do what they do no matter what we say to or about them.

At the end of the day, it's only money this is poker.
Click to expand...
 
Looks easy to me. Bought at Pre-Sale prices, sight unseen, didn't like the condition; sell at Main Sale prices (known condition prices). Might put a dent in ($700???) shipping rates and doesn't seem crucifixion worthy to me. Hope some run-good comes your way
 
I'd love to say that $700 for shipping and taxes is high, but it isn't out of the realm of possibilities for a Canadian destination. Ontario charges a 13% sales tax on the declared value of all shipments greater than $20 Cdn. And there are a number of vendors who charge significantly more than the flat rate prices for USPS shipping...$70 USD for 500 chips and $85 for 650 chips is not uncommon. I've paid $27 USD for shipping and received the chips in a first class envelope stamped $8.95. Given the exchange rate is 34% today (www.bankofcanada.ca), those prices are significantly higher in our funds.

Let's say I order 2000 chips at $1.50 / chip. That's $3000 USD and would require 3-4 MFRB's. At the shipping rates above, Ii would expect to be charged around $250 USD in shipping costs. So, that's $4020 in Cdn for the chips, and $523 Cdn tax bill when shipped USPS/Canada Post. Shipping is $335 cdn, and brokerage is $10. If shipping is UPS or FedEx, it's higher again due to increased brokerage costs and fees.

Should you have to eat those costs? Depends on the market, but if we're going to be judged against others with a tax free sale and free shipping, it's a losing battle. The cost of buying chips sight unseen and knowing I might not be able resell them if I don't like them without taking a significant hit to my wallet or be labelled a flipper is why I no longer participate in sales or the classifieds.
 
@CdnBeerLover , as an Aussie who recently acquired 800 Terrible's from about 6 members, I hear you, and you've made me feel better about being roughly $220usd deep in shipping costs! We don't pay import tax on orders less than $1000 (750usd). You guys are getting even more shafted than us fellas and you're just next door!
 
CdnBeerLover said:
I'd love to say that $700 for shipping and taxes is high, but it isn't out of the realm of possibilities for a Canadian destination. Ontario charges a 13% sales tax on the declared value of all shipments greater than $20 Cdn. And there are a number of vendors who charge significantly more than the flat rate prices for USPS shipping...$70 USD for 500 chips and $85 for 650 chips is not uncommon. I've paid $27 USD for shipping and received the chips in a first class envelope stamped $8.95. Given the exchange rate is 34% today (www.bankofcanada.ca), those prices are significantly higher in our funds.

Let's say I order 2000 chips at $1.50 / chip. That's $3000 USD and would require 3-4 MFRB's. At the shipping rates above, Ii would expect to be charged around $250 USD in shipping costs. So, that's $4020 in Cdn for the chips, and $523 Cdn tax bill when shipped USPS/Canada Post. Shipping is $335 cdn, and brokerage is $10. If shipping is UPS or FedEx, it's higher again due to increased brokerage costs and fees.

Should you have to eat those costs? Depends on the market, but if we're going to be judged against others with a tax free sale and free shipping, it's a losing battle. The cost of buying chips sight unseen and knowing I might not be able resell them if I don't like them without taking a significant hit to my wallet or be labelled a flipper is why I no longer participate in sales or the classifieds.
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Have you considered the cost of round trip airfare? might make more sense.
 
Many bought more horseshoes than they actually needed just to get the breakdown that they needed for their home game. If they try to resell at a profit and someone is willing to pay it i have no problem with that. Its hard for jim to manage flippers. I like the idea of selling playable sets only.

Cheers
Jeff
 
Selling playable sets only would take all the fun out of it. I can live with the imperfect system
I'm really curious about the $1's though. Nobody's selling those at all.
 
Parrothedd said:
So, is there a contradiction that Jim sold only a portion of his high denom chips in the pre sale, and then chose to take the remainder to eBay? Isn't that just what some of you are denouncing? Is it ok since Jim can do what he wants with his property? And, if so, isn't that what the so called "flippers" are doing?

For the record, I am a fan of the free market. The chips are worth just exactly what someone is willing to pay for them. If you choose to sell them for less, then fine. If Jim wants to sell his chips at market rate, then good for him.

We all had a shot at buying some chips at what most would agree is below market. Some of us won the race & some didn't. Don't complain. Do better next time. Ever try to buy front row tickets to a popular concert?
Click to expand...

I couldn't disagree with you more regarding your free market assessment, as I think its pretty clear Jim offers up a large number of chip at well below market price, but your Ticket scalper analogy is spot on. I fucking hate scalpers. I can't think of a more parasitic way to make a few bucks off of an enthusiastic base. Just because its the norm, does it mean I should accept it?

Most of the people in this thread, seem to be defending actions that no one takes any issue with. As Links said, Intent is tough to gauge, but people intent to profit on flipping chips know exactly what they are doing. When you start to see repetitive behavior around chip room sales, then others are going to notice. Jim can try to police it, but none of his systems are fool proof, and in some cases maybe encourage people to buy more than they need to get the chips they want. I am not bitter, as I was able to get all of the chips I wanted, but people who are defending their right to flip, should not be offended if others want to be selective in who they sell to in the future.
 
upNdown said:
Selling playable sets only would take all the fun out of it. I can live with the imperfect system
I'm really curious about the $1's though. Nobody's selling those at all.
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I think the $1 is the best looking chip out of the 39mm chips.

25k primary is the sexiest chip ever made
 
SemiNumerical said:
LOL

THC has the right proportions. I like big edge borders, I can not lie
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Yup. Same here.

1dc9xm.jpg
 
Not sure if this is the best place to post it, but I figured with all the buying/selling talk about the Horseshoe's, that I'd sell some of my extras to offset the others I bought with all of this hype (y) :thumbsup:

see below for condition (notice the beautiful table I used... compliments of Guinness)

(20) 5k chips for $800 + shipping
(20) 25k chips for $1350 + shipping

horseshoe_forsale.jpg
 
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doakwolf said:
Don't even get me started on Horsehoes. Missed both sales & now I'll never be able to afford any of those gems based on prices I'm seeing here. It's fine, I'll eventually convince myself I don't like them.. Those oversized $1000s with gold dots. Horrid. Just horrid. Make me vomit :(
Click to expand...

Close your eyes, cross your fingers, and chant my mantra:

"Jim bought the Cincinnati chips... Jim bought the Cincinnati chips... Jim bought the Cincinnati chips..." (y) :thumbsup:
 
The best way to bring prices down from flippers
MD Mike said:
This reminds me of a saying I once heard that seems to apply to chip purchasing:

"Why buy one, when you can have two for twice the price?"
Click to expand...

I use that line with my wife all the time. "Contact"
 
Jim did a good job setting limits so (in the big scheme of things) there isn't any really serious flipping going on IMO... I think it's being blown a bit out of proportion. I think people are seeing the market price of the chips DUE TO flippers, when reality they are ALWAYS going to be worth that... market price is not decided by flippers, flippers just demonstrate market price earlier than others.

IMO of course.
 

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