-
This site contains affiliate links. If you choose to make a purchase after clicking a link, Poker Chip Forum may receive a commission at no additional cost to you. Thank you for your support!
Not Mine Horseshoe chips (1 Viewer)
- Thread starter David O
- Start date
GoStumpy
Flush
Jim hasn't even packed a ton of our pre-sale orders, and after all those are packed and shipped, he will surely be doing a regular sale of them, and EVERYONE once again will have a shot at buying the chips they want.
Everyone has to stop acting like they missed the one and only shot at getting these chips.
Everyone has to stop acting like they missed the one and only shot at getting these chips.
GoStumpy
Flush
Are you saying I shouldn't have bought them if I am not playing tournaments with them? That I shouldn't COLLECT them because I love how they look if I don't intend to use them? Not sure I appreciate the sarcastic 'thanks' there bud!
GoStumpy
Flush
I have to act like a baby. It's my duty.
hahahahah, you said 'duty'
DJ Mack
Flush
Never thought I'd see my hometown so beloved in the eyes of many. And all thanks to an awesome guy from MICHIGAN of all places!!
do you remember posting this?
I bought extra snappers with plans to sell them later knowing they'll be worth far more than I paid for them.... I hope... everything helps when I try to repay the thousands I spent on chips
Ideally I would like to sell enough of the set to pay for the rest, essentially a self-sustaining chip addictionhttp://www.pokerchipforum.com/threads/horseshoe-sample-discussion-good-investment.14858/#post-257222
Just seeing the rest of the community as a prey to make money off just turns my guts.
As i said - thanks for nothing Bud...
You mean up to 10x. You guys are RIGHT. The market is to blame. Consider this chipper NOT a buyer in THAT market. I think the rest of this community wouldn't pay those prices either, even to fill out a rack. So the prey is everyone on eBay that isn't a chipper here I would have to imagine. Maybe eBay raised their rates from 12% to 112%. I understand the chips going up due to supply and demand, but nothing goes up that much that fast. It will be interesting to see if he sells em. Kind of reminds me of the taking a knee during the national anthem thing. While I hate it, I have to respect their right to do so; but I will stand every time.
If I could sell my chips for 10x what I paid????? Shit, I could pay off most of my insane student debt and buy an island.
edit: (nothing I stated here applies to Apache or anyone else other than the eBayer with the $24.99 $500 secondary chip) CARRY ON!
Last edited:
GoStumpy
Flush
do you remember posting this?
I bought extra snappers with plans to sell them later knowing they'll be worth far more than I paid for them.... I hope... everything helps when I try to repay the thousands I spent on chips
http://www.pokerchipforum.com/threads/horseshoe-sample-discussion-good-investment.14858/#post-257222
Just seeing the rest of the community as a prey to make money off just turns my guts.
As i said - thanks for nothing Bud...
Do you think Apache is seeing the community as prey by making money off them? (Obvious answer is of course not) I saw a great deal, and like hundreds of people, I bought as much as I could afford.
I bought them because I friggin love poker chips, handling and enjoying them, but financially I am having a hard time justifying spending thousands of dollars, and it is made easier by telling myself I can always sell them later for what I paid or more.
Last edited:
OP
OP
@Apache is not looking at us as prey. This is his business. He is also a collector. You can only imagine the inventory carry he has which really cuts his margin and profit in the long run.
dew4au
Flush
No.
If apache has a duty to sell at no gain, shouldn't you as well?
Also, be careful with thinking as chips as an investment. I've come out on top on a few deals, but overall it's been a losing bet for me. I think that's the case for most people on this board.
This.
I tried to flip a ton of Empress $5's once. Got my ass handed to me. Wasted soooooooooo much of my time and money. I regret trying it and will never waste my time like that again.
DJ Mack
Flush
Hey, we're all gamblers to some extent or we wouldn't be here.
dew4au
Flush
Absolutely. I just want to make sure no one is under the illusion that buying chips now guarantees you the ability to break even or profit in the future.
OP
OP
If you don't at least break even you can consider the loss as rent! So really it is no loss.
GoStumpy
Flush
Like buying used cars at a good price, buy, enjoy, clean & treat well, and eventually pass them on to someone else
OP
OP
Yes and don't let your kids wreck them!Like buying used cars at a good price, buy, enjoy, clean & treat well, and eventually pass them on to someone else
OP
OP
It seems like it has been a while since I have sold any chips. I am definitely in the buying mode 99% of the time.
I could use some more Las Vegas racks, especially hot stamp fracs and as you know I am always looking for more spotted birds!
UGH
LOL!!!!!!!
...
What!?!?!?!? Geezzz Just read the black stuff.
No - not Apache ITS YOU! ITS ALL YOU!!!!
Your buying them with the express mission of buying more than you need depriving others of the opportunity of getting them at the sale price, sitting on then then selling at a profit to the same people you deprived them of earlier.
And Just Publicly
So Sorry To Apache.
I don't know how, what i said, was twisted to be turned on you. Personally I find it amazing that anyone could read it that way?!?!
So sorry - this was never intended, nor implied, to be about you.
Oh i forgot to say thanks for the shipping notice for the Horseshoe chips.
So Sorry To Apache.
I don't know how, what i said, was twisted to be turned on you. Personally I find it amazing that anyone could read it that way?!?!
So sorry - this was never intended, nor implied, to be about you.
Oh i forgot to say thanks for the shipping notice for the Horseshoe chips.
Last edited:
DrStrange
4 of a Kind
Once upon a time, long long ago, our community had these discussions on Chip Talk. Only the situation was a lot "worse" because there were a number people who bought in massive bulk from The Chip Room intending to flip the chips. Keep in perspective, some of these lots were huge, perhaps a hundred thousand chips. So it isn't a trivial thing to buy enough chips to squeeze the market price.
For quite awhile this plan worked out great for the bulk buyers - they bought up the inventory, jacked the price and flipped the chips to the rest of the community. I was one of the slow learners in this game. I ended up with orphan parts of sets when the hard to get chips got into nose bleed prices or never even started on other sets.
Then the economic winds changed. The economy tanked, people lost their jobs or just got scared and quit buying. Lots of venues when broke and The Chip Room showered us in vintage chips. The prices for chips tanked and people with huge hordes of chips took painful losses. We see that in this thread where the old hands remember that prices could go down as well as up.
My personal story - I bought my first "expensive" set of chips when I broke down and paid ouchy prices for my first thousand Bahamia chips. No doubt I overpaid but we all know how that itch can get to be hard to scratch. Then everything changed and it got so where you couldn't sell chips for almost any price.
One day we saw a huge lot of Bahamia chips - just under 5,000 chips hit eBay. This auction sat untouched for weeks and weeks. I do not know if the seller was a chip flipper or just built an epic set that he couldn't keep. But what I do know it he paid a lot more for the set than he was selling it for. After watching the price drift down with each reposting of the auction I finally bit the bullet and put up the couple of thousand buck needed to buy the set. By today's standards it was a great deal. At the time, it was a huge leap of faith.
Here it is, fresh from the box - 4,859 Bahamia chips.
Prices rise, prices fall. Buy the chips you love and put them in play. If you get greedy remember things aren't always going to go your way -=- DrStrange
For quite awhile this plan worked out great for the bulk buyers - they bought up the inventory, jacked the price and flipped the chips to the rest of the community. I was one of the slow learners in this game. I ended up with orphan parts of sets when the hard to get chips got into nose bleed prices or never even started on other sets.
Then the economic winds changed. The economy tanked, people lost their jobs or just got scared and quit buying. Lots of venues when broke and The Chip Room showered us in vintage chips. The prices for chips tanked and people with huge hordes of chips took painful losses. We see that in this thread where the old hands remember that prices could go down as well as up.
My personal story - I bought my first "expensive" set of chips when I broke down and paid ouchy prices for my first thousand Bahamia chips. No doubt I overpaid but we all know how that itch can get to be hard to scratch. Then everything changed and it got so where you couldn't sell chips for almost any price.
One day we saw a huge lot of Bahamia chips - just under 5,000 chips hit eBay. This auction sat untouched for weeks and weeks. I do not know if the seller was a chip flipper or just built an epic set that he couldn't keep. But what I do know it he paid a lot more for the set than he was selling it for. After watching the price drift down with each reposting of the auction I finally bit the bullet and put up the couple of thousand buck needed to buy the set. By today's standards it was a great deal. At the time, it was a huge leap of faith.
Here it is, fresh from the box - 4,859 Bahamia chips.
Prices rise, prices fall. Buy the chips you love and put them in play. If you get greedy remember things aren't always going to go your way -=- DrStrange
dew4au
Flush
Once upon a time, long long ago, our community had these discussions on Chip Talk. Only the situation was a lot "worse" because there were a number people who bought in massive bulk from The Chip Room intending to flip the chips. Keep in perspective, some of these lots were huge, perhaps a hundred thousand chips. So it isn't a trivial thing to buy enough chips to squeeze the market price.
For quite awhile this plan worked out great for the bulk buyers - they bought up the inventory, jacked the price and flipped the chips to the rest of the community. I was one of the slow learners in this game. I ended up with orphan parts of sets when the hard to get chips got into nose bleed prices or never even started on other sets.
Then the economic winds changed. The economy tanked, people lost their jobs or just got scared and quit buying. Lots of venues when broke and The Chip Room showered us in vintage chips. The prices for chips tanked and people with huge hordes of chips took painful losses. We see that in this thread where the old hands remember that prices could go down as well as up.
My personal story - I bought my first "expensive" set of chips when I broke down and paid ouchy prices for my first thousand Bahamia chips. No doubt I overpaid but we all know how that itch can get to be hard to scratch. Then everything changed and it got so where you couldn't sell chips for almost any price.
One day we saw a huge lot of Bahamia chips - just under 5,000 chips hit eBay. This auction sat untouched for weeks and weeks. I do not know if the seller was a chip flipper or just built an epic set that he couldn't keep. But what I do know it he paid a lot more for the set than he was selling it for. After watching the price drift down with each reposting of the auction I finally bit the bullet and put up the couple of thousand buck needed to buy the set. By today's standards it was a great deal. At the time, it was a huge leap of faith.
Here it is, fresh from the box - 4,859 Bahamia chips.
Prices rise, prices fall. Buy the chips you love and put them in play. If you get greedy remember things aren't always going to go your way -=- DrStrange
Pfft.. That was just the min purchase to buy a barrel of $500 Bahamias.
JK. Yes, it was much worse back in the day with this set specifically. People like SILKS moved in to exploit the community. It wasn't just him, it was lots of people snapping up every $500 they could get their hands on just to flip. I know a lot of people are annoyed with the purchase minimums these days, but they have done a lot to ease that type of behavior.
GoStumpy
Flush
Wow man, calm down. I bought a few dozen extra chips, I didn't clean them out.
Guess I'm done on this forum since I'm labeled as a jerk chip flipper
AHA!
Somebody bought a secondary $25 for Fifteen bucks - there's your market price.
http://www.ebay.com/itm/25-Horsesho...266da54&pid=100005&rk=1&rkt=5&sd=201680572596
Somebody bought a secondary $25 for Fifteen bucks - there's your market price.
http://www.ebay.com/itm/25-Horsesho...266da54&pid=100005&rk=1&rkt=5&sd=201680572596
just threw up a lil in my mouth. Def not MY market price......
I think once Jim and Apache sell the bulk we will see "where the chips fall". In the meantime.........I wanna get these babies on the felt!!!!!!!!!! 20 player tourneys, $100 buy in weekly for the next 8 weeks, no rebuys or add ons. GO!!!
I think once Jim and Apache sell the bulk we will see "where the chips fall". In the meantime.........I wanna get these babies on the felt!!!!!!!!!! 20 player tourneys, $100 buy in weekly for the next 8 weeks, no rebuys or add ons. GO!!!
Mr. Cheese
Full House
Not directed at anyone specifically but just as food for thought....
Let he who is without sin cast the first stone. Can anyone say that they haven't bought something and sold it for a profit before? While it seems that a majority of the time I end up selling things for my cost once in a blue moon I've probably made a profit. I'm sure its obvious but Apache is a business and every business tries to buy low and sell higher. That's how they stay in business. Josh didn't fork over thousands (probably 10k+) just to give them away at cost. He marked them up a reasonable amount and resold them and like the chip addicts we are we snatched pretty much all of them up immediately.
Even the first private party sale of these chips on here was sold at several hundred dollars over what Jim was selling them for during the pre-sale. No one is accusing him of being a flipper. He laid out the money sight unseen and took that risk. They are his to sell for whatever he wants and we as a consumer normally know fair market pricing and if we feel its not being offered at that price we can chose not buy them until the price drops to the perceived market value.
To me it seems that the big gripe is about the speed at which the chips are flipped and not so much the amount (who's to say the secondaries won't be worth 10-30 for the higher denoms in a year or two)? Historically PNY's, PCA's, Secondary Grand Vics etc are all selling for way more then they were initially bought for at Jim's sales so technically we should still be selling them for a couple bucks a chip? Obviously not because the fair market value is much higher now due to demand and scarcity.
No pony in this race myself but I think the whole pitchfork mentality needs to be checked sometimes.
Let he who is without sin cast the first stone. Can anyone say that they haven't bought something and sold it for a profit before? While it seems that a majority of the time I end up selling things for my cost once in a blue moon I've probably made a profit. I'm sure its obvious but Apache is a business and every business tries to buy low and sell higher. That's how they stay in business. Josh didn't fork over thousands (probably 10k+) just to give them away at cost. He marked them up a reasonable amount and resold them and like the chip addicts we are we snatched pretty much all of them up immediately.
Even the first private party sale of these chips on here was sold at several hundred dollars over what Jim was selling them for during the pre-sale. No one is accusing him of being a flipper. He laid out the money sight unseen and took that risk. They are his to sell for whatever he wants and we as a consumer normally know fair market pricing and if we feel its not being offered at that price we can chose not buy them until the price drops to the perceived market value.
To me it seems that the big gripe is about the speed at which the chips are flipped and not so much the amount (who's to say the secondaries won't be worth 10-30 for the higher denoms in a year or two)? Historically PNY's, PCA's, Secondary Grand Vics etc are all selling for way more then they were initially bought for at Jim's sales so technically we should still be selling them for a couple bucks a chip? Obviously not because the fair market value is much higher now due to demand and scarcity.
No pony in this race myself but I think the whole pitchfork mentality needs to be checked sometimes.
DJ Mack
Flush
I had to read that twice. For a second I read a $25k for fifteen bucks. I was thinking wow the market is collapsing already. That k, or lack thereof, makes all the difference in the world.
Last edited:
By the way, Tyler kindly grabbed me a rack of snappers from his allocation of pre-sale chips, at no additional cost. So you might want to think about giving the man a break on getting a few extras.Guess I'm done on this forum since I'm labeled as a jerk chip flipper
GoStumpy
Flush
http://www.ebay.ca/itm/HORSESHOE-CL...079139?hash=item21004eb5e3:g:BWkAAOSwd0BVxGES
5 - $1's sold @ $2.50 each
5 - $1's sold @ $2.50 each
Create an account or login to comment
You must be a member in order to leave a comment
Create account
Create an account and join our community. It's easy!
Log in
Already have an account? Log in here.
