Not Mine Horseshoe chips (3 Viewers)

[dew4au]

http://www.ebay.ca/itm/HORSESHOE-CL...079139?hash=item21004eb5e3:g:BWkAAOSwd0BVxGES

5 - $1's sold @ $2.50 each

Meh, that's normal for the singles market. You might need to visit our odd cousins over at the chip board to see what life is like on the other side of the chipper divide.

 

[DJ Mack]

Meh, that's normal for the singles market. You might need to visit our odd cousins over at the chip board to see what life is like on the other side of the chipper divide.

Yeah when the time comes to replace the tires, shocks and struts on my car I'm looking at a bill that's probably 10% of my vehicle's original purchase price. But there's absolutely no way that those components made up 5%, let alone 10% of the cost of my vehicle.

 

[dew4au]

Yeah when the time comes to replace the tires, shocks and struts on my car I'm looking at a bill that's probably 10% of my vehicle's original purchase price. But there's absolutely no way that those components made up 5%, let alone 10% of the cost of my vehicle.

u wot mate?

 

[DJ Mack]

u wot mate?

The singles market for just about anything is totally different than the market for buying that same thing as part of something else. As another example, according to 9to5Mac, when you buy an iPhone $11.80 goes to cover the included accessories: a lightning cable, headset adapter, earbuds, and charger. Bought separately from Apple at retail you'd probably be looking at fifty or sixty bucks.

 

[dew4au]

The singles market for just about anything is totally different than the market for buying that same thing as part of something else. As another example, according to 9to5Mac, when you buy an iPhone $11.80 goes to cover the included accessories: a lightning cable, headset adapter, earbuds, and charger. Bought separately from Apple at retail you'd probably be looking at fifty or sixty bucks.

Now I'm trackin!

 

[Max D]

Yeah when the time comes to replace the tires, shocks and struts on my car I'm looking at a bill that's probably 10% of my vehicle's original purchase price. But there's absolutely no way that those components made up 5%, let alone 10% of the cost of my vehicle.

Good description.(y) :thumbsup: You could probably say that you also get a volume discount with chips when you buy a a few racks.

 

[DJ Mack]

Good description.(y) :thumbsup: You could probably say that you also get a volume discount with chips when you buy a a few racks.

That and, to the eBay seller's credit it looks like the chips have been cleaned. And maybe, in theory, you're getting one of the better ones in the lot. So there is some added value beyond the basic physical object. How much value is added? Well, exactly what the buyer is willing to offer.

 

[rowlin]

I had a few extra extras once and sold them as singles on Fee Bay. A 99-cent opening bid went up to 19 dollars on one listing for a buck-a-chip Paulson. It was a pleasant surprise but also a bit of a head scratcher.

That said, I've known from the beginning that single chip collecting is a Pandora's Box that I probably cannot afford to open, so I don't know much about it.

 

[CHP TD]

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.

Yeah you're right

I felt as tho my nose was being rubbed in in 2 ways first i missed out - that hurt. Then people were were saying if i wanted any i have to pay an inflated price because they bought way more than they ever needed with the express intention to flip them at an inflated price. then they think its funny.

Well haha not.

so really the intention is what i took offense to.

my guns are down. Im done. I think were not going to be friends with everyone all the time - so be it.

 

[RainmanTrail]

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 addiction

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...

I'm sorry, but this is nonsense. The ChipRoom had an estimated 400k of these chips to sell. They imposed a 1750 chip limit per household on these so that everyone could have a fair shot at getting them at the well below market prices they were offering. They weren't offering them at discounted prices because they wanted to charitable, they did it because they too are a business and had 400k chips to move. That's just how it works. If they wanted to sell them at market prices, it would have taken them a decade to move them all.

I was on an island on the outskirts of Fiji with no electricity and no wifi when the auction went down. I brought backup batteries and got a mobile data plan with a shitty connection so I could tether my phone and laptop in an attempt to get my hands on a set of these. Fortunately, it worked out (at least somewhat). I wasn't able to get the high demand chips, but I got in my 1750 chip order. Everyone had a fair shot at these chips. None of us have any obligation to pass on our 1750 chip allocation to you at the discounted prices we paid for them just because YOU missed out. None of us elbowed you out of the sale. You could still buy chips from the ChipRoom for several hours after the sale launched.

If you missed out on the pre-sale, tough shit. You bullying another member for buying his allocation as an investment is bullshit. If you missed out and still wanted a set of these, you could have still gotten them from Apache shortly after the sale for only a minor increase in prices. I bought thousands from Josh and was happy to pay whatever he was asking.

Buying chips from The ChipRoom, Apache, eBay, or any other 3rd party or vendor is 100% fair game for returning a profit on. I've never seen anyone here selling prior ChipRoom purchases at anywhere near the prices they got them for, and would never expect them to. I paid about a 500% markup over ChipRoom prices for my Grove chips, and was happy to pay it. I paid a shitload for my Wynn tourney set because Danny flipped them from Tommy, who flipped them from acl, who flipped them from eBay. Then, I flipped half my set to pay for the ones I kept, and the buyers were more than happy to pay market prices for them.

You want some cheap chips? Here you go, plenty of options for you: https://www.apachepokerchips.com/product-category/poker-chips/

Bullying other members because you're butthurt over missing your opportunity when they didn't, just makes YOU look like an ass, not them.

 

[MD Mike]

I had a few extra extras once and sold them as singles on Fee Bay. A 99-cent opening bid went up to 19 dollars on one listing for a buck-a-chip Paulson. It was a pleasant surprise but also a bit of a head scratcher.

That said, I've known from the beginning that single chip collecting is a Pandora's Box that I probably cannot afford to open, so I don't know much about it.

Single chip collecting to me is analogous to being a cat hoarder. You go into the house and a person has 200 cats roaming around the house. It's smelly, unsanitary, and unhealthy.

Collecting playable sets is like having two or three cats that you name, take care of, love, and treat like part of the family.

 

[CHP TD]

I'm sorry, but this is nonsense. The ChipRoom had an estimated 400k of these chips to sell. They imposed a 1750 chip limit per household on these so that everyone could have a fair shot at getting them at the well below market prices they were offering. They weren't offering them at discounted prices because they wanted to charitable, they did it because they too are a business and had 400k chips to move. That's just how it works. If they wanted to sell them at market prices, it would have taken them a decade to move them all.

I was on an island on the outskirts of Fiji with no electricity and no wifi when the auction went down. I brought backup batteries and got a mobile data plan with a shitty connection so I could tether my phone and laptop in an attempt to get my hands on a set of these. Fortunately, it worked out (at least somewhat). I wasn't able to get the high demand chips, but I got in my 1750 chip order. Everyone had a fair shot at these chips. None of us have any obligation to pass on our 1750 chip allocation to you at the discounted prices we paid for them just because YOU missed out. None of us elbowed you out of the sale. You could still buy chips from the ChipRoom for several hours after the sale launched.

If you missed out on the pre-sale, tough shit. You bullying another member for buying his allocation as an investment is bullshit. If you missed out and still wanted a set of these, you could have still gotten them from Apache shortly after the sale for only a minor increase in prices. I bought thousands from Josh and was happy to pay whatever he was asking.

Buying chips from The ChipRoom, Apache, eBay, or any other 3rd party or vendor is 100% fair game for returning a profit on. I've never seen anyone here selling prior ChipRoom purchases at anywhere near the prices they got them for, and would never expect them to. I paid about a 500% markup over ChipRoom prices for my Grove chips, and was happy to pay it. I paid a shitload for my Wynn tourney set because Danny flipped them from Tommy, who flipped them from acl, who flipped them from eBay. Then, I flipped half my set to pay for the ones I kept, and the buyers were more than happy to pay market prices for them.

You want some cheap chips? Here you go, plenty of options for you: https://www.apachepokerchips.com/product-category/poker-chips/

Bullying other members because you're butthurt over missing your opportunity when they didn't, just makes YOU look like an ass, not them.

Noted. And I agree. I don't look like the hero here.

Like i said my guns are down.

 

[bergs]

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.

PM me what you want for 8 spot snappers. I need 16 to finish a rack.