We’ve all seen it and we probably have all done it at least once. I’m talking about calling DIBS on a part of a chip set that has yet to be split by the seller.
I understand it’s healthy and critical in letting the seller know that there is a demand for one barrel here or a rack there, but not necessarily for the entire set in one shot. So I see it helping the seller decide if they should consider splitting up the set.
But when exactly do the DIBS actually mean something and carry weight?
Are there PCF rules, written or otherwise, that govern how/when dibs work? My gut says it depends on the seller and how they handle the premature dibbing.
I like to believe it is standard operating procedure for all sellers to basically wipe the dibs slate clean once they decide to split up the set. But I also believed Ed McMahon was going to knock on my door every spring and that never happened.
And then the dibs statement get the added qualifier of “…depending on price”. How does that even work? It seems like an awful lot for the seller to track.
So for the experienced chippers, what have most of you experienced in the Dibs Game?
And for the inexperienced chippers like myself, when you give a premature dibs, are you expecting to be first in line?
Thanks!
I understand it’s healthy and critical in letting the seller know that there is a demand for one barrel here or a rack there, but not necessarily for the entire set in one shot. So I see it helping the seller decide if they should consider splitting up the set.
But when exactly do the DIBS actually mean something and carry weight?
Are there PCF rules, written or otherwise, that govern how/when dibs work? My gut says it depends on the seller and how they handle the premature dibbing.
I like to believe it is standard operating procedure for all sellers to basically wipe the dibs slate clean once they decide to split up the set. But I also believed Ed McMahon was going to knock on my door every spring and that never happened.
And then the dibs statement get the added qualifier of “…depending on price”. How does that even work? It seems like an awful lot for the seller to track.
So for the experienced chippers, what have most of you experienced in the Dibs Game?
And for the inexperienced chippers like myself, when you give a premature dibs, are you expecting to be first in line?
Thanks!