The good stuff won’t be publicly offered or repeatedly lowered. Sellers know who the potential buyers are and reach out privately.
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Have we finally reached market saturation?? (6 Viewers)
- Thread starter BPTDirector
- Start date
The good stuff won’t be publicly offered or repeatedly lowered. Sellers know who the potential buyers are and reach out privately.
detroitdad
Royal Flush
If I have a positive relationship with someone, and want to sell at cost, or close to it. I will sell via PM's all day long. Outside of that, I no longer post stuff in the classifieds at cost. It has become about "fair market value".
#subscribe
Lil Tuna
4 of a Kind
detroitdad
Royal Flush
One of the very first "private" deals I ever made was with you my friend. I think I sold them at a small loss. Damned if I can remember the actual chip lol
How are you doing? Well I hope. Its been to long since we have drank and gambled together!
So much tougher nowadays. I haven't seen a $10K set sell in less than a minute since yesterday.
Lil Tuna
4 of a Kind
One barrel of PH $25s and a barrel of PH$5s, sent me down one hell of a rabbit hole.
Been doing well, just working my tail off, missed ya in Angel Fire. Got to play with Jeep’s Badlands, nicest Paulsons I ever splashed pots with.Beautiful leaded old school.
Just for the record, I’ll trade my most beloved set and all associated items with anyone for this baby right here.
# @JeepologyOffroad
Facts
This is also accurate. I have some chips I’d sell but I don’t want to take a big loss so holding onto them until a wanted ad appears or I can think of a use for them.
Such as; murdered fantasy chips, leaded TRK starlites, Bally’s $5s and misc Tigers. And some hot stamp $5s and $25s.
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elemeno
Two Pair
Seems tough for new chippers
I think this might be an example of “the good stuff,” but there are so many ~$1-5k sets that are just sitting. Some priced well above their TCR price, some closer, and some only slightly above.
Yeah the goated RHC sets r not gonna be sold right now bc they will take a 30% hit to your point.
Altho lots of HSI sets have been sold and that’s a killer set @elemeno
It’s a buyers market…if there is a set you want $1-$5k put up a wanted ad.
Some killer CDI tourney sets sold recently too under $5k.
detroitdad
Royal Flush
I understand. I was a new chipper at one time. I cultivated relationships with other members. As we became friends, they are the ones that get the first/best offers.
I used to sell at cost all the time. It sucks when someone, new, or otherwise, buys, then immediately flips it. When I say immediately, I mean before you have even shipped to them.
elemeno
Two Pair
100% agree. It’s come to a point that even I can, more or less, tell that certain sellers are only flippers that only try to profit profit profit.
Lil Tuna
4 of a Kind
Nothing worse! Hence the creation of Secret Handshaking Assholes.
BarrieJ3
Royal Flush
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I’m a fu***ng moron when it comes to this stuff, but even for smart regs I’d have to guess that it’s all confusing as hell.
There’s so much money grabbing classifieds posts that it’s difficult to tell when those high end sets pop up, is it an ok deal or not? Is this an actual sales listing that makes sense, or just another jackwagon listing. Better hurry and research and figure it out…..
Things I’m like damn I’d snap buy, sit and sit. Then some things get snapped that I’m like oh shit didn’t realize that was a solid deal.
And truth be told, does $1k here and there really matter? For people who buy and hold and use, prob not. But if you’re someone that likes to move chips in and out constantly, you’re kinda fu**ed.
There’s so much money grabbing classifieds posts that it’s difficult to tell when those high end sets pop up, is it an ok deal or not? Is this an actual sales listing that makes sense, or just another jackwagon listing. Better hurry and research and figure it out…..
Things I’m like damn I’d snap buy, sit and sit. Then some things get snapped that I’m like oh shit didn’t realize that was a solid deal.
And truth be told, does $1k here and there really matter? For people who buy and hold and use, prob not. But if you’re someone that likes to move chips in and out constantly, you’re kinda fu**ed.
detroitdad
Royal Flush
That used to be me. I had to change my approach. It is no longer cost effective to do that. It also helps that I am pretty happy with my collection. I almost sold my ceramic limit set. I immediately started having sellers regret (there was only interest in it, no deal), so I closed the add lol. Bitches be crazy.
You could put a mint HSI set together for like 1.5k today, with the goated secondary $5’s, and it’s such a nice set.
I think it just comes down to patience for new people. People get into hobbies and want to have it all right away. Just get a decent RHC set to start, save some money, and jump on something nicer later. I tell myself all the time “the chips will always be there,” and it’s true. Sure prices might go up, but that’s just life. If you want something fancy, save some money and be patient.
I feel like rarer the air gets, the less it matters. When something really special comes up, it’s just going to sell, and what it sells for isn’t really indicative of the rest of the market imo.
BarrieJ3
Royal Flush
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I don’t think it’s necessarily difficult for a new member coming in, still plenty at that mid range level. Now vs 5 years ago, things like CPS chips will always remain at their long stabilized price, while the entryish level Paulsons are only like 20% more than they were then.
I think the bigger difference for them is there’s way more to understand since the market is out of whack and the outliers of the bell curve on what certain buyers will pay have everything skewed.
The classifieds good stuff is all hunting whales now. “This is my I don’t want to sell this price” - WHAT THE FUCK!?
So new chippers are entering a much less normalized/regulated market, where they need to learn quickly or lose (or just wait to play in the big pool).
I think the bigger difference for them is there’s way more to understand since the market is out of whack and the outliers of the bell curve on what certain buyers will pay have everything skewed.
The classifieds good stuff is all hunting whales now. “This is my I don’t want to sell this price” - WHAT THE FUCK!?
So new chippers are entering a much less normalized/regulated market, where they need to learn quickly or lose (or just wait to play in the big pool).
cbrig80
Sitting Out
I’m a newbie around here and still trying to figure out navigating forum and came across this post. So just voicing my opinion as a newbie, it’s a little tough trying to get some nice chips. I’ve ofcourse gotten samples from a lot of companies but seeing things posted here, my first reaction is “What the hell are those? Are they customs? Are they from actual casinos?” Where can I get samples of those if they’re not customs or are they even available? They seem much nicer than some samples I’ve gotten.” I need to comment more on the posts as I see them as I just don’t understand some of these things being new.
I’ve of course looked at the classified and it seems that this market is like the movie market. I’ve been a physical media collector since the late 90s. That market has now become mainly limited collector editions first and then the movie without what makes it limited second (could be something as simple as a slipcover). You have people like me that are genuine movie fans and others that just see limited things, buy them and hold until they’re not available anymore or hard to come by and just try to sell them for profit. In my short time here, it seems that’s the poker chip market as well but again I’m new here. I’m not talking down to anyone selling anything too BTW. If that what the market dictates then that’s what it is.
I get it with Paulson as those are not made for the public anymore but some other things Ive seen posted for sale it’s oh those are nice…you want how much?!? Were they really $5-8 per chip!? Doesn’t seem right. Again, newbie.
I’ve of course looked at the classified and it seems that this market is like the movie market. I’ve been a physical media collector since the late 90s. That market has now become mainly limited collector editions first and then the movie without what makes it limited second (could be something as simple as a slipcover). You have people like me that are genuine movie fans and others that just see limited things, buy them and hold until they’re not available anymore or hard to come by and just try to sell them for profit. In my short time here, it seems that’s the poker chip market as well but again I’m new here. I’m not talking down to anyone selling anything too BTW. If that what the market dictates then that’s what it is.
I get it with Paulson as those are not made for the public anymore but some other things Ive seen posted for sale it’s oh those are nice…you want how much?!? Were they really $5-8 per chip!? Doesn’t seem right. Again, newbie.
ekricket
Royal Flush
I’m just wondering where it says anybody has to make things easier for new chippers.
ALL of us were new at some time, some years ago.
Get over it, you aren’t anything special, no matter how many times your counselor says you are or how many participation ribbons you have.
ekricket
Royal Flush
Lil Tuna
4 of a Kind
Not everything in life is going to be a ‘solid deal,’ I’d say a Solid Want gets more things accomplished in chipping than any deal.
Wait for a deal……miss out on great chips/sets.
# Ask A Real Chipper!
detroitdad
Royal Flush
The hell with you. Mom has always said that I am "special".
That’s what Vault Week was for!
And guess what, I am building a vault!
Too much free time, baby needs to come…
BarrieJ3
Royal Flush
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Oh for sure, and I think it’s the best way! At one point I bought an entire roadhouse tourney from Kifer for a game, had to overnight it to get it in time, I felted it, had it sold/shipper out the next day.
That’s back when all you assholes like you specifically use to tell me how to act on here, that we’re friends and family, and that we look out for eachother blah blah blah
And I really jumped into that with two feet, I loved it. And it was actually awesome for a long time. Then I started getting fucked left and right, everything became about money, and chipping that way meant you would lose 5 figures per year.
We’ve followed the same journey/timeline. I’ve said fuck it, I only have paris chips now, and all of my buying and selling is done with a 100% focus on chip sets moving and getting felted within my “network”.
There’s literally a plan in place to fund a shared account with not tiny 5 figures that 3 chippers will have access to and can use it as a reserve account to buy whatever chips/sets they want. That way we can continue to add chip sets.
Eventually, the goal is to have just a ton of amazing sets that anyone can use or have at any time. I was doing it with discounted sets and fror, but that could get fu**ed up too. So now it’s all money free/no cost.
Like one of those neighborhood shared mini librarys.
ekricket
Royal Flush
Well, I believe the newbie response would be that your “network” is a greedy self centered effort to buy up the decent chips and thus make them unavailable for them to buy or for others to buy and just give to them “because it’s hard to get chips”.
Greedy fucking corporate blood sucking chip vampires is what your venture sounds like to me.
Good to know this sort of crap activity is going on.
Oh, I agree. It’s a hobby market, no one owes anyone anything. I think the rest of my post echoes that: prices are going to go up, if you want to play in a luxury hobby, the onus is on you to save and be patient.
Lil Tuna
4 of a Kind
I actually like this discussion a lot, I feel like I can relate to a lot of the points being made.
I, too, always thought I was special. This is some devastating news to finally have someone burst that bubble.
I end up being conflicted a lot as a chipper with a small budget and poor impulse control. I see value in a lot of things being listed and always immediately consider things like, “These are cool, I can always get my money back if I don’t use them.”
With how the marketplace has been lately, I’m not sure that’s always the case anymore. It’s not a bad thing, it’s kept me from impulse buying (things I don’t need) in fear of losing money if I decide to let them go again. But now instead of just fear of missing out, it’s FOMO vs fear of losing (too much) money, and right now the latter has been winning every single one of those arguments.
@BarrieJ3 made the most relatable point for me above. For people who buy and sell and sit at their prices and bump the listings forever, the money may not be as important to them.
For myself personally, I don’t have room for all those sets trying up thousands and thousands of dollars, so I’m more likely to sell at a discounted price to make room for the next thing. The most disappointing part of that is hoping the items will go to people who actually want them, but it seems like the people who immediately reach out the most just want to throw them back up on eBay or in the classifieds. I guess if you have the means to do that then more power to you, but it still sucks for those that don’t. That’s nothing new though, it’s how most markets work.
I, too, always thought I was special. This is some devastating news to finally have someone burst that bubble.
I end up being conflicted a lot as a chipper with a small budget and poor impulse control. I see value in a lot of things being listed and always immediately consider things like, “These are cool, I can always get my money back if I don’t use them.”
With how the marketplace has been lately, I’m not sure that’s always the case anymore. It’s not a bad thing, it’s kept me from impulse buying (things I don’t need) in fear of losing money if I decide to let them go again. But now instead of just fear of missing out, it’s FOMO vs fear of losing (too much) money, and right now the latter has been winning every single one of those arguments.
@BarrieJ3 made the most relatable point for me above. For people who buy and sell and sit at their prices and bump the listings forever, the money may not be as important to them.
For myself personally, I don’t have room for all those sets trying up thousands and thousands of dollars, so I’m more likely to sell at a discounted price to make room for the next thing. The most disappointing part of that is hoping the items will go to people who actually want them, but it seems like the people who immediately reach out the most just want to throw them back up on eBay or in the classifieds. I guess if you have the means to do that then more power to you, but it still sucks for those that don’t. That’s nothing new though, it’s how most markets work.
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