SOLD Indiana Grand Sale Thread (5 Viewers)

[BirdCage]

It’s like déjà vu all over again.

 

[TX_Golf_N_Poker]

"400-600 chips" and "playable set" seems like an oxymoron if I ever heard one, but maybe that's just me!

What would a 400 chip cash set even look like?

I guess I'm in a different world than some of you. I have 10 sets that I consider playable. None have more than 700 chips. But THAT was not the point of my post.

 

[Rakrul]

No wonder the fives were sold out in under a minute when everyone and their grandmother bought 700+ of them.

It's also funny to see junkies argue with other junkies that they should sell their heroin cheap to them cause they're a junkie and need it. I don't buy to sell, but if/when I sell I would stab you all in the face if it would give me top dollar. I don't expect anything else from someone here either. There's so many people collecting chips here, and many who has money to spend. No matter what arbitrary rules or "ethics" you try to enforce on the massive volume of users here, it won't work as long as people pay top dollar for whatever they want. You can bitch and moan how loudly you want about PS5 scalpers, but they're still there because people are paying 2-4 times the retail price to get their hands on it. Don't blame the flippers, blame the buyers. Back on CT the number of users (and chips) were so small so it wouldn't jump to insane amounts because people simply didn't buy them. With the volume of users there's gonna be people that "overpay" and there's nothing you can do about it.

That being said, I think only a small percentage, if not 0%, of the buyers here buy with the intention of flipping 100% of the chips. With the murdering and relabeling going on, people buy a set, cherry pick chips they like, sell the rest for a profit and moves on to the next sale. I belive that's 95% of us. Our motivation might be different than "the flipper" but the result and impact is the same. Accept reality and move on.

 

[ktran]

Lol I was just doing the same thing! Photo stolen from the interwebs
View attachment 919799
Hmm

Found some of these on Adobe that would work with DB and cut cards. Just search "bokeh" on the adobe website. Plenty to work with. Anything you can work with @Potsie1

https://stock.adobe.com/search/imag...age=1&search_type=usertyped&acp=&get_facets=0

A group buy of plaques would be nice too even if they are generic ones.

 

[Benjaminotaur]

I’m a relative newbie when it comes to these sales, but from what I’ve seen, there are a few things that are at play.

1.) Jim has started sales with playable sets before, and those sold out pretty quickly as well. I would imagine stock sets would also be easier for him to set up for shipping too. Either way, it probably did give more people a bite at the apple, so I’m sure there’s a reason he didn’t do that again this time. (See #2)

2.) I don’t think there are many sets out there with primary and secondary options for every single chip. I wouldn’t be surprised if a full 60-70 percent of the comments on the initial thread were about which lineup was best or why one chip was better than the other. It seems like trying to come up with the “ideal” lineup, let alone size set, would be an impossible task.

3.) Having flipped things for a living, selling out is the absolute best possible scenario. Jim set his prices at a point where he would be happy with his margins, but also low enough to not have stock hanging around that he has to try and find a home for so he has room for the next oil drums.

Seeing the frenzy, I wouldn’t be surprised if he might rethink his prices on the next bear claw he gets his hands on. On the flip side, Jim also seems like a stand up dude that just wants to turn an honest buck. Let the market figure out what it is on its own. But from a wholesalers standpoint, I gotta thinks he’s the happiest of campers right now, and might even get the last barrels of chips to the PCFers sooner than planned. Because why wait? The feeding frenzy hasn’t even begun yet and everyone is still hungry for more!

Anyhow, just my two cents, which may not even be worth that. I’m happy I decided to stay on the sidelines until the second hour. I got my (apparently inferior) $1 primaries and I’ll take that as my first TCR sale win!

 

[TX_Golf_N_Poker]

I can understand everyone thinking out loud on how to improve these sales from a consumer perspective.

But from the Jim's perspective we've got to assume this sale was viewed as a huge success. 100% of released inventory sold? There's nothing left right? Given the pace of this sale, the only thing that he may possibly be pondering is his pricing. This sale demonstrated the demand for casino paulsons (even the lowly RHC) to be rather inelastic.

System as is works for Jim. And despite the complaints, it works pretty well for his customers. It's been honed over several years. You should have tried participating in some of the first Chip Room sales. No limits nor percentages. Some of earliest flippers in this hobby would just buy up all the high denoms and fracs to flip. Leaving Jim with enormous amounts of $1-$25s and chippers without playable sets. No one was happy back then. Well, maybe the flippers.

A casino's chip inventory works well for their needs based on their size, number of tables, size of market, etc. . It's not very conducive to aftermarket sales in terms of breakdowns of ideal home game cash and tourney sets. Meaning there are too few fracs and high denoms to satisfy PCF users. The 2000 chip mark and percentages are dialed in so Jim isn't left with hard to move inventory.

It seems like there was an enormous amount of people tripping over themselves during this sale to spend like ~$6500 to get to the 2000 chip mark to buy racks of snappers, $1ks and above. Those same people would probably drop $10000. And if they passed, there would probably be a giant line of willing buyers behind them.

Ps. I didn't participate. I missed out. I thought the sale was today at 9 in the afternoon. Some jerk off posted that time in the thread.

It clearly worked fantastically for Jim. I question how well it worked for the customers as a whole, since there are so many on here now suggesting changes. It worked well for the few who got their orders in within the first few seconds. But not well at all for the rest of us. I had an order filled in and hit the payment button within 30 seconds of 2 PM. Two chips were already sold out. Went back and revised and three more were sold out including the majority of what I needed for the set I wanted to build. So I was done by about 2:02 PM. Bought a couple of racks of $1s and $25s at 3:00 PM but not even sure I'll be able to make a set from them.

 

[ktran]

I like this on a white background better than the black background with the gold coins or stars or whatever those are on the inlay.

It's called bokeh. A photo/video terminology.

 

[ktran]

I’m a relative newbie when it comes to these sales, but from what I’ve seen, there are a few things that are at play.

1.) Jim has started sales with playable sets before, and those sold out pretty quickly as well. I would imagine stock sets would also be easier for him to set up for shipping too. Either way, it probably did give more people a bite at the apple, so I’m sure there’s a reason he didn’t do that again this time. (See #2)

2.) I don’t think there are many sets out there with primary and secondary options for every single chip. I wouldn’t be surprised if a full 60-70 percent of the comments on the initial thread were about which lineup was best or why one chip was better than the other. It seems like trying to come up with the “ideal” lineup, let alone size set, would be an impossible task.

3.) Having flipped things for a living, selling out is the absolute best possible scenario. Jim set his prices at a point where he would be happy with his margins, but also low enough to not have stock hanging around that he has to try and find a home for so he has room for the next oil drums.

Seeing the frenzy, I wouldn’t be surprised if he might rethink his prices on the next bear claw he gets his hands on. On the flip side, Jim also seems like a stand up dude that just wants to turn an honest buck. Let the market figure out what it is on its own. But from a wholesalers standpoint, I gotta thinks he’s the happiest of campers right now, and might even get the last barrels of chips to the PCFers sooner than planned. Because why wait? The feeding frenzy hasn’t even begun yet and everyone is still hungry for more!

Anyhow, just my two cents, which may not even be worth that. I’m happy I decided to stay on the sidelines until the second hour. I got my (apparently inferior) $1 primaries and I’ll take that as my first TCR sale win!

With these two sets in particular, I think mixing and matching worked for most people. Secondary was on a low count and mixing it might have helped too. Pricing may seem low, but buy a lot it might make a big difference and be a deal breaker. I think when it comes to selling, it's favorable to take care of bulk buyers from Jim's perspective. When I was selling things in large quantity, I would prioritize the bulk buyers. It's just more time efficient and same results on his end.

Either way you need a quick trigger for the amount of people trying anyways. I think it was close to 400 people looking at the thread at the time. I think it's mostly a demand vs supply thing. If you tweak it might help a few people, but might not be enough to overweigh the benefits of the business side. Either way you cut it, it's gone fast.

 

[Rakrul]

I guess he could've reduced the max to 1200 chips or so, or maybe adjusted down some of the percentages so not everyone bought 700 of the 5s which I think threw a wrench in most buyers' wheel.

 

[TheWhat]

The only problem here, and God bless Jim's soul as it's not his doing (Was able to get in on HSI, and Secondary market Jacks); is that a pretty small group seems to (Real or perceived) end up with the vast amount of chips everytime. The rest of the masses pick up the tab afterwards, and then watch that same group procure higher value chips like NAGBs with the profit.

I've had some great dealings here, love this place, tried to help out with some harvesting, but my God is getting a simple set of chips a terrible experience. Feel for those who viewed this sale as their opportunity, and can only hope they stick around for another shot. Worth it when you get there.

 

[TX_Golf_N_Poker]

I guess he could've reduced the max to 1200 chips or so, or maybe adjusted down some of the percentages so not everyone bought 700 of the 5s which I think threw a wrench in most buyers' wheel.

In this case I think that would have helped a lot. In the past the $5s haven't gone all that fast, but this was different with those incredible primaries. Maybe 25% instead of 40% would have been a little better? Easy to second guess after the fact though so I am certainly not blaming Jim. He also could have priced the prim $5s above the secondaries and no one would have blinked an eye.

 

[HeWhoWouldPun]

Is it just me, or has this thread turned into:

This also includes: flipping, what is a flipper, what is "fair market value", etc. I'm sad I didn't get (any of) the chips I wanted but at the end of the day, they are just little clay disks. If you don't like a price someone is asking later, don't buy it. If you think someone is a flipper, don't buy from them.

Hopefully USPS works quickly and we can get back to looking at pretty pictures of chips.

 

[RowlettTexasChipGuy]

why change the rules as Jim has them set........

why, because some people didn't get what they want,
Everyone needs to remember that there is a huge difference between want and NEED(no one truly Needs poker chips as they do not help you survive day to day)

just so you know i didn't get what i WANTED either, but i am not going to come on here and start to complain, saying this is not a fair way of doing this, or try to tell a businessman how he needs to sale his product, he did a great job for a sales man, he got rid of ALL of his product

truthfully, with this many people WANTING these chips and others, there will never be a fair way to do it in ALL of our minds


Here is my 2 cents
if you are not happy with how it works out, stop trying to buy the from TCR sales and just go through the classifieds or post on the wanted list (notice it is called wanted and not Needed)

 

[TX_Golf_N_Poker]

"400-600 chips" and "playable set" seems like an oxymoron if I ever heard one, but maybe that's just me!

What would a 400 chip cash set even look like?

After a little thought I decided to give your question an actual answer.

For cash, I play small stakes with a frac, which this set doesn't have. But for me, the following 400 chips would make more than an adequate, playable set to which I would locate an additional 160-200 of a solid chip to label as a quarter.

$1 x 200
$5 x 100
$25 x 80
$100 x 20

400 chips and a bank of $4700 not counting the future fracs. I've never played in a home game in my life where there was more than about $1500 (correction - $2000) on the table. I'm sure that puts me in a minority around here though.

In this sale I wanted a small T5 tournament set. I actually could have gotten what I wanted with only 320 chips.

$5 x 100
$25 x 100
$100 x 80
$500 x 40

Plenty of chips for a 10 player tournament with T2000 stacks. 10/10/7/2 with a few extras for color up.

In the sale I went for a few more, and my big mistake was trying to get a barrel of $1000s. Also I wanted the secondary $100s and both of those were sold out within seconds. By the time I reconfigured, the $500s and the $5s were gone too.

 

[MrCatPants]

After a little thought I decided to give your question an actual answer.

For cash, I play small stakes with a frac, which this set doesn't have. But for me, the following 400 chips would make more than an adequate, playable set to which I would locate an additional 160-200 of a solid chip to label as a quarter.

$1 x 200
$5 x 100
$25 x 80
$100 x 20

400 chips and a bank of $4700 not counting the future fracs. I've never played in a home game in my life where there was more than about $1500 on the table. I'm sure that puts me in a minority around here though.

In this sale I wanted a small T5 tournament set. I actually could have gotten what I wanted with only 320 chips.

$5 x 100
$25 x 100
$100 x 80
$500 x 40

Plenty of chips for a 10 player tournament with T2000 stacks. 10/10/7/2 with a few extras for color up.

In the sale I went for a few more, and my big mistake was trying to get a barrel of $1000s. Also I wanted the secondary $100s and both of those were sold out within seconds. By the time I reconfigured, the $500s and the $5s were gone too.

You've played in one with 2k on the table but just barely 2k.

 

[Benjaminotaur]

I think it was close to 400 people looking at the thread at the time.

Well, That certainly explains the number of posts from disappointed persons. I'd be curious what percentage of them got an order through.

 

[ktran]

Well, That certainly explains the number of posts from disappointed persons. I'd be curious what percentage of them got an order through.

If you can guess how many chips were in each barrel, you might get rough idea. Not sure he shared the number of barrels or it's even worth looking into. I'm kind of curious about it though. There was someone who knew the math to calculate the barrels in a post. It's going to be a rough estimate though.

 

[TX_Golf_N_Poker]

You've played in one with 2k on the table but just barely 2k.

Thanks for correcting me in front of EVERYONE!!!

I was actually trying to do the math on our games. I've never put in more than $100 myself, but I know others do. Thought adding another $500 above 10 x $100 might be enough. But still not $4700 though... If we absolutely had to, we could make your game work with those 400 chips plus fracs. Certainly more $1s & $5s would be better. But remember, I also said 400-600 in my earlier post. I was just answering the original question of what a 400 chip cash set could look like. Wasn't saying it was ideal.

 

[Benjaminotaur]

why change the rules as Jim has them set........

why, because some people didn't get what they want,
Everyone needs to remember that there is a huge difference between want and NEED(no one truly Needs poker chips as they do not help you survive day to day)

just so you know i didn't get what i WANTED either, but i am not going to come on here and start to complain, saying this is not a fair way of doing this, or try to tell a businessman how he needs to sale his product, he did a great job for a sales man, he got rid of ALL of his product

truthfully, with this many people WANTING these chips and others, there will never be a fair way to do it in ALL of our minds


Here is my 2 cents
if you are not happy with how it works out, stop trying to buy the from TCR sales and just go through the classifieds or post on the wanted list (notice it is called wanted and not Needed)

To piggyback off the want vs need conversation, all of this will settle out in the long run. (Maybe the very long run) If you go to the classifieds now, or really any time in the last month or two, you'd find ads for HSI and JACK chips that would seem ridiculously low from 6-12 months ago. And these were chips that people were tripping over to get. If you really want the Indiana Grand chips, many of them will become available again over time, and likely not at the inflated prices being offered in the wanted ads right now.

Well, maybe not those $5 bear claws. Those seem to be taking on a life of their own.

And until these chips come down in price, those looking for their first Paulson set should be able to score a decent HSI or JACK Cincy/Detroit cash set of almost any size for roughly what they would have spent on this sale. It won't take the sting of disappointment away, but a lot of people were really happy with those sets for a long time. And Paulsons will still last a long time, and you should always be able to turn them over for a significant percentage of purchase price whenever you decide to move on.

 

[doublebooyah85]

With the current state of chipping (low supply) it’s worth harvesting $1s and $5s and your cost per chip would be around $4.

What are some of the best $5 chips still available. Aria, Bellagio and Wynn? @casinochipper22

 

[upNdown]

With the current state of chipping (low supply) it’s worth harvesting $1s and $5s and your cost per chip would be around $4.

What are some of the best $5 chips still available. Aria, Bellagio and Wynn? @casinochipper22

Sure, if you find some that you really like.
But there will be more chiproom sales at good prices and they won't sell through their $5s like these. It's difficult to overstate how appealing these particular $5s were. Aside from the bightness, aside from the near mint condition, the spot pattern was a crazy huge draw. It's always been a favorite of chippers, it's not very common (I can't remember ever seeing it on another casino $5, though I'm sure there are some) and most importantly, it's been retired. They're not making any more of those. So people went crazy.

 

[TheWhat]

Maybe this will be what gets Paulson back in the Home market, when we start mass harvesting $1s and $5s for an average of $3 and sell for $4 ... then creating a sub market for folks to return the $5s for 20%

 

[MrCatPants]

Thanks for correcting me in front of EVERYONE!!!

I was actually trying to do the math on our games. I've never put in more than $100 myself, but I know others do. Thought adding another $500 above 10 x $100 might be enough. But still not $4700 though... If we absolutely had to, we could make your game work with those 400 chips plus fracs. Certainly more $1s & $5s would be better. But remember, I also said 400-600 in my earlier post. I was just answering the original question of what a 400 chip cash set could look like. Wasn't saying it was ideal.

Yeah. The only time my game runs bigger is when we are doing two tables after the league championship tourney. Then yoy have like 4 - 6 people newly flush woth cash and another dozen or so looking for payback

 

[IaHawk]

I’ve tried that multiple times only for the buyer to turn around a few weeks later and flip the chips. Then I’m the idiot.

At this point, I only give the “friend” deal to my friends on this forum that I trust. There are many. Everyone else can pay whatever the market demands. Ymmv.

 

[TalkingChip]

Man I'm still so bummed about not getting these definitely got my hopes up.. first time participating in a chiproom sale maybe next time lol. I could have got a set too but I messed up trying to get the 2.50 secondaries and they insta sold out I guess then when I adjusted it the 1s and 5s were gone..

 

[shorticus]

Man, some of y’all need faster internet speeds. If you missed out on the sale, call your ISP and use the money you set aside to buy chips for an upgrade to your home service

Also, @Hornet we are best buds, so I fully expect to be in that group PM. If not, I’ll never agree to be the fish at your home game

 

[Hornet]

Also, @Hornet we are best buds, so I fully expect to be in that group PM. If not, I’ll never agree to be the fish at your home game

Home game first, PM later

 

[shorticus]

Home game first, PM later

I’m not that careless with my money!

 

[Rakrul]

Maybe this will be what gets Paulson back in the Home market, when we start mass harvesting $1s and $5s for an average of $3 and sell for $4 ... then creating a sub market for folks to return the $5s for 20%

You know, with all of these casinos going for RHC, they could make the THC the home mold. And then allow custom orders. Even if they had a minimum quantity of 100k, I'm sure there would be 3-5 GBs a year here.

 

[bezerkus]

Man, some of y’all need faster internet speeds. If you missed out on the sale, call your ISP and use the money you set aside to buy chips for an upgrade to your home service

Fiber gig speed didn't help me (must've been the man in the cockpit ). No complaints here, It's fun to speculate a different type of sale accommodating more people as everything has room for improvement over time with increased demand, but Jim does a great job with how he has his sale work to accommodate people making sets while still being manageable for him. He obviously has alot of experience doing it. Being my first sale, I can't help feeling what the Costco toilet paper aisle was like before they instituted their 2 limit per customer as Covid revved up.