Too late to submit my last set of customs to HOF? (6 Viewers)

[saskbull]

I have no clue. I’m not a smart man, I’m really not....just guessing a smaller sized order of all oversized chips may look suspicious. Sorta like in Goodfellas when Jimmy thought if people started flashing around their money it would ruin things.View attachment 239412

queue “layla” outro

 

[arch3r]

So I have to know ..... what does a level 17 oversized CPC chip look like?

I could only find a max of lvl9 for oversized.

 

[bentax1978]

I could only find a max of lvl9 for oversized.
View attachment 239743

You need to access the secret menu

 

[arch3r]

You need to access the secret menu

Then I'll have a double-double animal style please.

 

[Jeff]

You saw a troll Craigslist post that was taken down. Honestly i have no idea what people are going to do with their chips, I'm assuming most will just keep them. I just think it's sad that some bad apples from the other buy have you conditioned that the whole community is a bunch of flippers. I really don't think that's the case.

Just getting this on the record for when any of the group buy decides to sell. You may end up being right, but I’d like to postulate the Church theorem#2: If it isn’t for sale, you haven’t offered enough.

You need to access the secret menu

That just freaked me out. Crap...I don’t have access to the secret menu, which also explains the Paulson chip tool going missing. Those pesky moderators! Ack!

 

[Chippy McChiperson]

Just getting this on the record for when any of the group buy decides to sell. You may end up being right, but I’d like to postulate the Church theorem#2: If it isn’t for sale, you haven’t offered enough.

That just freaked me out. Crap...I don’t have access to the secret menu, which also explains the Paulson chip tool going missing. Those pesky moderators! Ack!

You notice I said a few bad apples (which is the same language "your side" used) and i didn't lump you all together. Look, who knows what will happen if someone offers us an ungodly price to sell. But nobody bought chips in ridonkulous quantities with the sole intention to flip. Judging by all the people who say they hate the chips we may not even have to worry about this scenario lol

 

[Perthmike]

You notice I said a few bad apples (which is the same language "your side" used) and i didn't lump you all together. Look, who knows what will happen if someone offers us an ungodly price to sell. But nobody bought chips in ridonkulous quantities with the sole intention to flip. Judging by all the people who say they hate the chips we may not even have to worry about this scenario lol

Well I love them and I’d gladly sacrifice a limb of your choice for a barrel of hundos for my project. And I’m not talking about the tournament ones . Pretty please

 

[DoubleEagle]

Zero. I already tried. Not that large, but I asked about a community designed set and pricing and apparently the profit margins are very slim since a lot of the work is done by hand.

Not surprising when they are likely running at capacity already.

 

[crussader]

...since a lot of the work is done by hand.

This is the key. Because it is mostly a manual process, there are no economies of scale from which a discount could be derived.

 

[navels]

For the people upset about the resale pricing of custom Paulsons (whether it be Star chips or otherwise), I'm curious what is considered an acceptable markup, given that (using some hypothetical numbers)

• all-in cost is $2/chip
• market value is $8/chip

and assuming the original purchase was done easily and with no risk to the participants (clearly not the case, just trying to understand from the market value point of view).

 

[Jonesey07]

For the people upset about the resale pricing of custom Paulsons (whether it be Star chips or otherwise), I'm curious what is considered an acceptable markup, given that (using some hypothetical numbers)

• all-in cost is $2/chip
• market value is $8/chip

and assuming the original purchase was done easily and with no risk to the participants (clearly not the case, just trying to understand from the market value point of view).

Whatever people are willing to pay.

If people are willing to pay $8 a chip then that is what the market value is.

Supply and demand.

 

[ssanel54]

Just getting this on the record for when any of the group buy decides to sell. You may end up being right, but I’d like to postulate the Church theorem#2: If it isn’t for sale, you haven’t offered enough.

So if I sell chips at cost, am I going to receive a ration of shit?

 

[Sprinsd]

For the people upset about the resale pricing of custom Paulsons (whether it be Star chips or otherwise), I'm curious what is considered an acceptable markup, given that (using some hypothetical numbers)

• all-in cost is $2/chip
• market value is $8/chip

and assuming the original purchase was done easily and with no risk to the participants (clearly not the case, just trying to understand from the market value point of view).

If all in cost is $2.00 then the appropriate mark-up is $4.60.

 

[CraigT78]

So if I sell chips at cost, am I going to receive a ration of shit?

Dibs

 

[Jonesey07]

So if I sell chips at cost, am I going to receive a ration of shit?

I'll offer cost plus .10/chip.

Boom.

 

[v1pe]

For the people upset about the resale pricing of custom Paulsons (whether it be Star chips or otherwise), I'm curious what is considered an acceptable markup, given that (using some hypothetical numbers)

• all-in cost is $2/chip
• market value is $8/chip

and assuming the original purchase was done easily and with no risk to the participants (clearly not the case, just trying to understand from the market value point of view).

I'm interested in this as well.

I wonder if there is a "standard" number for resale markup (not chips necessarily, just anything in general). My gut feeling tells me somewhere between 15-25% is reasonable, depending on base cost and quantity.

 

[CraigT78]

Dibs

I'll offer cost plus .10/chip.

Boom.

See previous message.

 

[Sprinsd]

I'm interested in this as well.

I wonder if there is a "standard" number for resale markup (not chips necessarily, just anything in general). My gut feeling tells me somewhere between 15-25% is reasonable, depending on base cost and quantity.

I honestly have no problem with 100% markup but $7-8 a chip LOL.

 

[Jeff]

You notice I said a few bad apples (which is the same language "your side" used) and i didn't lump you all together. Look, who knows what will happen if someone offers us an ungodly price to sell. But nobody bought chips in ridonkulous quantities with the sole intention to flip. Judging by all the people who say they hate the chips we may not even have to worry about this scenario lol

I’m not on a side. I’m comfortable in my own skin. And I’m not alleging intent on anyone. If someone offers me an ungodly amount for any of my chips I’m a flipping mo fo fo sho. #4500Everleighs$20000

So if I sell chips at cost, am I going to receive a ration of shit?

You’re not going to sell them at cost. Nor are you if you give them away for free. True, either is your prerogative. I’d advise you that the person you gave an early Christmas to is going to sell them at market. This is a no win for you if you’re looking for love here. If you sell for free or cost, we’re going to get a ration of shit for being a fool. If you sell at market, Chippy is bad apple-ing you.

The thing missing in this thread is pictures, quantities and details. I still haven’t seen Chickens chips yet. So one of you insiders that is respecting Chicken, please don’t pm me pics of his design.

 

[Chippy McChiperson]

I’m not on a side. I’m comfortable in my own skin. And I’m not alleging intent on anyone. If someone offers me an ungodly amount for any of my chips I’m a flipping mo fo fo sho. #4500Everleighs$20000


You’re not going to sell them at cost. Nor are you if you give them away for free. True, either is your prerogative. I’d advise you that the person you gave an early Christmas to is going to sell them at market. This is a no win for you if you’re looking for love here. If you sell for free or cost, we’re going to get a ration of shit for being a fool. If you sell at market, Chippy is bad apple-ing you.

The thing missing in this thread is pictures, quantities and details. I still haven’t seen Chickens chips yet. So one of you insiders that is respecting Chicken, please don’t pm me pics of his design.

I'm not bad apple-ing anybody Jeff. People are free to do whatever they want with their chips. All I'm saying is that the BTPs werent bought with the intention to flip and fleece the community, despite what some people are alleging. But please keep projecting.

 

[v1pe]

I honestly have no problem with 100% markup but $7-8 a chip LOL.

I couldn't care less what the market prices bear out to be, if people are willing to pay huge markups then so be it. I'm just wondering aloud what a "standard" percentage based markup might be for resale of products. Basically, what a retailer would charge after purchasing something (anything...toilet paper, coffee mugs, doritos, etc) from a distributor. Granted, custom Paulson chips are a different and much more rare commodity.

 

[DarPodo]

All I'm saying is that the BTPs werent bought with the intention to flip and fleece the community, despite what some people are alleging.

Time will prove you right. By that time, will anyone be listening when the fun of trolling and complaining stops?

 

[RowdyRawhide]

Dibs

Back up Dibs

I’d advise you that the person you gave an early Christmas to is going to sell them at market.

this is the catch. I bought some Chiproom chips about 7 years ago......sold them about 4ish yrs ago when the used casino chip drought hit. I sold them for what I bought them for from TCR only to have the buyer turn around and sell them at market value (7x what they bought them from me for) as soon as I sent them the tracking info from the PO. They didn't even have the chips in hand yet. That was an eye opener for me

 

[kmccormick100]

I couldn't care less what the market prices bear out to be, if people are willing to pay huge markups then so be it. I'm just wondering aloud what a "standard" percentage based markup might be for resale of products. Basically, what a retailer would charge after purchasing something (anything...toilet paper, coffee mugs, doritos, etc) from a distributor. Granted, custom Paulson chips are a different and much more rare commodity.

Retail markups are usually in the 25-35% range depending on commodity. High dollar items less, cheap disposable commodities more.

 

[BGinGA]

Most high-end chips -- regardless of origin -- currently selling on the market are at prices that were set by buyers -- not sellers -- and usually via prior auctions by others.

Whether or not you like the resulting prices, it's not accurate to accuse a seller of 'gouging' or 'fleecing' for merely selling chips at prices people are willing to pay. In nearly every case, the end price of their sale offerings could/would have been higher, had an auction format been used. And in cases where that is not true, the chips usually go unsold. Buyers set chip prices, not sellers.

And it makes no difference if they are PCAs, Ritz, Aztars, THWC, Star chips, or Big Tops -- buyers will spend what they feel is a reasonable amount for the chips they want. Sellers have very little to do with it.

The original cost of the chips is totally irrelevant, since every Paulson chip made in the last twenty years or so cost the original buyer about $1.25 or less (sometimes a lot less). The only thing that alters their value above/below that original cost is a combination of how many chips are available (supply) and how many people want to buy them (demand).

 

[Chippy McChiperson]

Retail markups are usually in the 25-35% range depending on commodity. High dollar items less, cheap disposable commodities more.

It really depends on the item. Many years ago when i worked for Nordstrom shoes and clothes were about 100% markup, and cosmetics were significantly higher than that.

 

[saleen121212]

For the people upset about the resale pricing of custom Paulsons (whether it be Star chips or otherwise), I'm curious what is considered an acceptable markup, given that (using some hypothetical numbers)

• all-in cost is $2/chip
• market value is $8/chip

and assuming the original purchase was done easily and with no risk to the participants (clearly not the case, just trying to understand from the market value point of view).

Market value for poker chips is set by the buyer. If someone is interested/wealthy enough to pay 20 per chip, so be it. The rest of us might think it is stupid, mainly because it is, but market is determined by what people are willing to pay, think the price is too high? Don't buy it!

Morality and fairness are up to the seller, I personally sell all chips I buy at cost, but if people were offering me 5x for them when I wasn't trying to sell them or if the market on them changed after years, then I can't say I wouldn't consider making a quick buck if the purchaser wanted them that bad. If Mint Paulson's fresh from the factory were available to everyone at $2 this wouldn't even be a conversation, but they are not. Stop buying chips at 8 dollars each and the sellers will have to lower their prices when they want to move on.

 

[Chippy McChiperson]

Most high-end chips -- regardless of origin -- currently selling on the market are at prices that were set by buyers -- not sellers -- and usually via prior auctions by others.

Whether or not you like the resulting prices, it's not accurate to accuse a seller of 'gouging' or 'fleecing' for merely selling chips at prices people are willing to pay. In nearly every case, the end price of their sale offerings could/would have been higher, had an auction format been used. And in cases where that is not true, the chips usually go unsold. Buyers set chip prices, not sellers.

And it makes no difference if they are PCAs, Ritz, Aztars, THWC, Star chips, or Big Tops -- buyers will spend what they feel is a reasonable amount for the chips they want. Sellers have very little to do with it.

The original cost of the chips is totally irrelevant, since every Paulson chip made in the last twenty years or so cost the original buyer about $1.25 or less (sometimes a lot less). The only thing that alters their value above/below that original cost is a combination of how many chips are available (supply) and how many people want to buy them (demand).

When you factor in things like art fees, crating, and shipping from Paulson i think ours came out closer to about $1.50 per chip

 

[BGinGA]

Hey, don't blame me if you overpaid and got fleeced.

 

[MatB]

It really depends on the item. Many years ago when i worked for Nordstrom shoes and clothes were about 100% markup, and cosmetics were significantly higher than that.

What year was this? I was working there 96’-97’ bedding and luxury towels.