Price Check Threads ..... (2 Viewers)

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I wonder if it would be useful to have a subforum, titled something like " Chip Price Checks and Value Inquries " or similar.
Thoughts?
 
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That would be cool, considering the every increasing prices of some of these chips.
Also, would keep all the "price check" threads in one place, so it would be easier to go back and refer.
 
We sort of do but it is not named specifically that. I can update the forum name and merge it together so it is more noticeable.

Collectors Corner / Price Checks ?

Collectors Corner
Discussion for collectible and rare casino/poker chips, chip identity and value, and other casino collectibles.
 
Would someone wanting to , say, just get an idea of price on their 100 ASM blank blue horseheads, or Cardroom China Clays, or Avalons, post in "Collectors Corner, or perhaps a separate subforum for all price checks and value inquries would be better?
 
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Sadly, most of the pricing information is secretly held between buyer and seller when the transactions are done here or Chip Talk. Sometimes we have a clue like in the Bahamia sale that just concluded. We know the asking price was $1,300 but no idea what the actual sales price was. (I'd call that $125/rack for the mint $5s and $400/rack for the ones.) Other times we have nothing - as in the case of the Outpost set sold about ten days ago. And those are just the semi public sales. Private sales are totally dark - no idea of the price, but also no idea anyone even sold the chips.

The huge problem is we have no data. Price checks don't mean much (and might be worse than meaningless) without data. Ask someone their opinion and who knows what you get back. Could be the price they saw/paid in 2013. Could be the price they want either as a seller or buyer. Could be solid data based on semi secret information.

There was a day eBay sales could help guide the market. That is still true for a few chip sets, but for most chips there will not be a single sale of playable quantity chips in the last six months. And let me offer a special curse for "best offer" auctions that keep the final sales price secret.

I am all for a community effort to gather pricing information. That insures precious chips have a chance to end up in a good home. But it isn't going to be easy to get meaningful information rather than wild ass guesses and misinformation.

DrStrange
 
But it isn't going to be easy to get meaningful information rather than wild ass guesses and misinformation.

Came here to say this. The fundamental problem is a conflict of interest for those with recent price information. On one hand, sharing that data contributes to the community. On the other hand, it provides a starting point for price negotiations, which could easily mean the buyer pays more or the seller profits less. This is even more pronounced for the rarer sets, since a single sale could set the price standard for a relatively long time.
 
The biggest problem with price checks is that its usually non buyers who are offering their opinion of what certain chips are worth.

I may be willing to pay up to $5 per chip for a given quantity of Deadwood $1000s, but if someone does a price check on Deadwoods Im not going to say they are $5. Once I get the $1000s I want, Im no longer willing to pay that price.
 
.. Don't read too much into this ...
People are currently, and will continue to post many " Price check Paulson Classics" type threads, asking for opinions, & having a separate subforum devoted to this might be a good idea ..
The validity of the opinions or information is of course very valid points of discussion as an aside topic ...
 
As a recent poster of said Price Check thread a sub forum would be a nice ballpark reference. I've been out of the chip scene for a couple years since I sold my Paulson Pharaoh's for ~ $2/chip, and even with a couple weeks of catching up on here I have no idea whether paying $.30/chip for roulettes is good or asking $1.50/chip for a home set is optimistic. I appreciate the openness of most posters in here though, it's a great environment so far.
 
:D

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There's a pretty good argument that a 'pricing' sub-forum actually belongs here under:

Poker Chip General

For general poker chip talk and buying advice.

I'd certainly consider such threads more as 'buying advice' in most circumstances, than what is implied to be found here:

Collector's Corner
Discussion for collectible and rare casino/poker chips, chip identity and value, and other casino collectibles.

My 2c. Carry on....
 
There's a pretty good argument that a 'pricing' sub-forum actually belongs here under:

Poker Chip General

For general poker chip talk and buying advice.

I'd certainly consider such threads more as 'buying advice' in most circumstances, than what is implied to be found here:

Collector's Corner
Discussion for collectible and rare casino/poker chips, chip identity and value, and other casino collectibles.

My 2c. Carry on....
Makes sense.
 
I think a pricing forum is a good idea, I just worry that the pricing information may be misleading at times, and difficult to keep up to date.

Nothing wrong with having a sub forum to ask pricing questions though.
 
In general if I bought it here I sell it here for the roughly the same price. If I buy it on eBay I sell it there in an auction starting at my cost.

If I want to know how much people are getting I use the search function on the classifieds. If I cant find it I check feebay.
 
I think a pricing forum is a good idea, I just worry that the pricing information may be misleading at times, and difficult to keep up to date.

Nothing wrong with having a sub forum to ask pricing questions though.

Scott, I agree with you completely -- the information found in the pricing threads typically ~won't~ be up-to-date (unless somebody decides to make doing so a personal project), any more than it is in the current and old pricing threads found where ever it is they've been posted.

The only advantage is having them all in one place, so that if somebody is about to create a thread, they may find one that already exists. Plus anybody that wants to update pricing on an existing thread will be a lot more likely to find one if it already exists.
 
Between that and Tommy's 'name your own price' site, we'll have it made. :cool:
 
There's a pretty good argument that a 'pricing' sub-forum actually belongs here under:

Poker Chip General

For general poker chip talk and buying advice.

I'd certainly consider such threads more as 'buying advice' in most circumstances, than what is implied to be found here:

Collector's Corner
Discussion for collectible and rare casino/poker chips, chip identity and value, and other casino collectibles.

My 2c. Carry on....

I agree that a sub-forum of Poker Chip General is the place to put pricing discussions of sets/racks/barrels of chips. The title "Collector's Corner" suggests to me that the contents would be about individual collectible chips and related items. On a grand scale I'm thinking in terms of PCF and TheChipBoard.

Edited to add: I sigh every time I'm researching a price and track down classified ads only to find that the prices have been removed.
 
I agree that a sub-forum of Poker Chip General is the place to put pricing discussions of sets/racks/barrels of chips. The title "Collector's Corner" suggests to me that the contents would be about individual collectible chips and related items. On a grand scale I'm thinking in terms of PCF and TheChipBoard.

Edited to add: I sigh every time I'm researching a price and track down classified ads only to find that the prices have been removed.


This is similar to my thoughts when I read the subforum description, "collecting" to me is associated with rare/vintage/single chips vs amassing large numbers of playable chips haha.
 
I'm going to create TrueChip.com where you can "See what others paid" and never overpay.

That would be sweet, but I think a better idea would be to have some type of Dark Liquidity matching mechanism within the classifieds. People could go in and privately submit bid/sell threshold prices for certain chips. Then at some point the system scrapes all bids and sells, and if there is a match it connects the two parties for a sale.

Obviously, there are several hurdles that would make this difficult, but would be great to determine fair market pricing.
 
Other times we have nothing - as in the case of the Outpost set sold about ten days ago.

DrStrange

At the risk of making some people mad, but for full disclosure ... I paid, price shipped with insurance was $1500 for:

Denomination - Quantity
25 Cent - 160
50 Cent - 60
2 Dollar - 80
5 Dollar - 260
20 Dollar - 40
25 Dollar - 100
100 Dollar- 100

I also got some bonus items. Such as a barrel of LCV/SCV 1's, one Outpost dealer button, and four Outpost cut cards.

So, now everyone knows. Take it for what you will.
 
Bless you Weckedy! We haven't had a clue about these chips for a long time. All we see eBay are crazy best offer auctions that never sell. The prices I have are older than dirt and essentially useless.

Grats on your set. I hope you win mighty piles of money when it is in play.

DrStrange

PS By the way, I didn't know there were Outpost dealers buttons.
 
Not sure if its an actual dealer button from the casino, or a custom one made later on.
Ill take pictures of everything eventually. :D

Cant get them into place until i get some more 1's. But there is progress. (y) :thumbsup:
 
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I like the idea of having a separate place for price check threads. Although information might sometimes be scarce, it is nice to at least keep the threads organized somewhat. Also i agree that there will probably be a lot of guessing and sometimes some conflict of interest, but considering the many helpful and friendly people on the forum, im sure many are willing to say how much they paid/sold stuff for.(y) :thumbsup:
 
In general if I bought it here I sell it here for the roughly the same price. If I buy it on eBay I sell it there in an auction starting at my cost.

If I want to know how much people are getting I use the search function on the classifieds. If I cant find it I check feebay.

Derek falls into one of the two groups I place sellers into.

There are those like Derek who consider this a hobby and passion, not something they try to profit from. In general they sell at or near their prices as they have made friends and treat this as a true community paying forward to those they choose to sell to. There are the others who participate in the community and are certainly friendly, but bottom line is to extract value in any way they can to maximize their profits while paying no fees. It is what it is.

For those who match the Derekesque description, I think prices can vary depending on who the potential buyer is. Maybe they sell more cheap to their friends while others are not able to get the chips at any price? I've had this come up a few times this year as a potential seller.

For this reason, there is no way to reliably set prices outside of eBay or other true auction site data. It's chasing rainbows.

slight thread jack - I'd be more interested in a thread detailing how well buyers pack their chips. There are many here who do a professional job and others that do not. You should see the packing jobs I've had from @ChaosRock, @Jackstraw, @BGinGA and others. They are bomb proof. Doesn't matter what the chips cost if half of them never arrive and the others are damaged.
 
slight thread jack - I'd be more interested in a thread detailing how well buyers pack their chips. There are many here who do a professional job and others that do not. You should see the packing jobs I've had from @ChaosRock, @Jackstraw, @BGinGA and others. They are bomb proof. Doesn't matter what the chips cost if half of them never arrive and the others are damaged.

Get a package from Tommy. It takes the better part of an hour just to open it.
 

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