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Tropicana Group Buy. Lottery for spot in line ends 11/29 9PM Eastern (2 Viewers)
- Thread starter H|Q
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OP
OP
H|Q
Flush
The least you could do is iron them.
I believe they are air dry only. Keep them chips in the air.
Sorry to ask but why is this called a GB ?
Based on this info:
OK gang the group buy chips finally showed up. There were more than expected and the price changed some. Basically, to get more sets together I purchased another big set holders chips at a somewhat larger price. By merging the sale I was able to get more 100s which are getting scarce, Spinetti's is selling them for $7 each.
Liftapint originally got me started down this path about doing a full buy out several months ago, so I gave her first shot. She picked up a lot of chips from the group buy. I'll let her go over those details if she wants to share them. I built my set out from my personal chips and added some to the group buy to make some additional playable sets for this group buy.
I must conclude that this should not be called a GB, but a WTS...you are just selling 5 chip sets ?
You have bought a big batch, used the chips you/Liftapint needed and added others....now selling the remainders.
Don't get me wrong, no harm in what is done....it's just not a GB IMHO
Based on this info:
OK gang the group buy chips finally showed up. There were more than expected and the price changed some. Basically, to get more sets together I purchased another big set holders chips at a somewhat larger price. By merging the sale I was able to get more 100s which are getting scarce, Spinetti's is selling them for $7 each.
Liftapint originally got me started down this path about doing a full buy out several months ago, so I gave her first shot. She picked up a lot of chips from the group buy. I'll let her go over those details if she wants to share them. I built my set out from my personal chips and added some to the group buy to make some additional playable sets for this group buy.
I must conclude that this should not be called a GB, but a WTS...you are just selling 5 chip sets ?
You have bought a big batch, used the chips you/Liftapint needed and added others....now selling the remainders.
Don't get me wrong, no harm in what is done....it's just not a GB IMHO
gopherblue
Straight Flush
I think Harley was pretty upfront about this straight from the start. Basically, he located a source (now two) that was willing to sell at a crazy great price, but only in quantity. But I'm pretty sure from my conversations with Harley that he didnt need to buy more beyond his desired chips to get the great price. But he did anyway, fronting the cash, because it was a tremendous opportunity that he could share with fellow chip nerds. In short, he's giving several of us the opportunity to tag along on a phenomenal set at a phenomenal price--at cost with no markup--because he's a good guy.
Is it structured exactly like a traditional GB? Not exactly, but that is due to the limited supply and the larger demand. He's trying to give everyone a fair shake at the sets. I think since Liftapint wanted a very large set, beyond what anyone else expressed interest in, Harley let Mel join in the initial purchases...but that was because she was fronting the cash for her set, which allowed the deals to happen. I don't think anyone faults Harley there...otherwise he'd be fronting thousands of dollars more, and Mel participating upfront made it the difference between only getting some of the hoard and all of the hoard.
Harley's been a valuable asset to this group. He organized the massive PNY buyout from the original source, as well as other deals over the years.
Again, I don't think I posted anything that would come to a different conclusion.
My only point is that when there is no difference in WTS & GB's, this could be confusing for participants.
Harely was upfront, but will this will be the case with all sellers ?
OP
OP
H|Q
Flush
@efrank has it dead on.
There is another thread. I was going to stand pat with my enormous set but got back into shopping around for @liftapint. I found a big score. The only way to scoop it was with a group buy.
There is another thread. I was going to stand pat with my enormous set but got back into shopping around for @liftapint. I found a big score. The only way to scoop it was with a group buy.
I thought about this the other day in another context but really these distinctions were only relevant on CT where you had to purchase WTS ads. Here there is no charge so it doesn't much matter whether it's termed a WTS or GB.
Well my definition of a GB is easy, the person running a GB can not profit any more than the other GB participants in the deal that is made.
Anything different from that is NOT a GB
bergs
Royal Flush
I don't see why anyone cares where this thread goes. He's selling multiple sets of chips to people on this site at no markup (god knows he could make an absolute killing on these chips if he wanted to, and the community should appreciate that he's not doing that and just wanted to augment his set).
People on the interwebz looooove getting caught up in silly rules.
(I'm desperately trying to come up with the money for a set and will enter the fray tonight if I can. Great opportunity to get a historical and playable set here).
People on the interwebz looooove getting caught up in silly rules.
(I'm desperately trying to come up with the money for a set and will enter the fray tonight if I can. Great opportunity to get a historical and playable set here).
I'm not disagreeing with you but why does it matter whether an ad is classified as a GB or a WTS?
bergs
Royal Flush
Mostly due to transparency, accounting, and expectations. People running group buys typically disclose exact costs, since they are equally shared by all participants. Sellers can do whatever they want.
How does any of this reasonably impact a person's decision to buy or not buy the chips?
It again begs the question though: to the degree that there is any confusion, why does it matter? Why should whether this is called a GB or a WTS impact anyone's decision in any way?
Dunno why this is even a discussion. A want-to-sell ad belongs in the classified ads section. Why is this so difficult to understand? You want to know why, ask Tommy why he has two sections.
Because for all intents and purposes this is a GB. Harley stated in his OP that the price offered was dictated by the price at which the chips were available. I'm not sure what more is needed to qualify this as a GB.
If he stated the exact price he paid and the calculation of the price offered here showed that he made a "profit" of $45 by bringing these chips for sale here, would that disqualify this as a GB? If that's true, then the perfect has become the enemy of the good imo.
bergs
Royal Flush
What if Harley was taking a small hit on making theae available to the masses here but wanted to ensure that they sold because he really bought this to augment his set? I have no idea if that's the case, just wondering if a price increase would change the impetus to turn this into a fabled "group buy".
I always thought a group buy was when you bought a bunch of chips and needed to sell a bunch of them as part of the transaction. Who cares about transparency and equal sharing of costs if you're not ordering new chips to be manufactured? The market will bear the price that the market bears.
I always thought a group buy was when you bought a bunch of chips and needed to sell a bunch of them as part of the transaction. Who cares about transparency and equal sharing of costs if you're not ordering new chips to be manufactured? The market will bear the price that the market bears.
I would think that the primary indicator is that the items are bought in a large lot for the explicit purpose of distributing to the community.
So back to the original question, why are the indicators named by you relevant to the decision to buy or not to buy?
Exactly...
The reason I brought this up was because of the 'damaged' labels.
In a GB, these 'defaulted' chips would be isolated and spread evenly or %-wise over all orders/participants.
In this case, one buyer (also running the so called GB) was able to check all chips and chose not to isolate them.
When this sale is over, and it appears that one buyer got 80% of the chips in question...then the seller should take responsability.
I would like to make clear that in no way i'm doubting the honesty of Harley ! (or had the intention on derailing this thread)
I get your concern for he wrinkled inlays but I think it's overboard to say that bc it's a GB someone is obliged to equally spread out chips by whatever perceived flaw. All involved would have the exact same chance of receiving the same number of the chips at issue.
And it's waaaaaaaay overboard to say they should later be "responsible" for someone receiving a greater percentage of some particular chip.
gopherblue
Straight Flush
So by your definition it's a GB. Harley isn't making anything from this.
ok then, sorry to bring it up....
Back to the lottery
Back to the lottery
Harley bought some chips. Harley is selling some chips. Harley posted an earlier thread making sure there was enough interest in people buying the chips so he wouldn't get stuck with a bunch of extra chips he didn't want. Nothing wrong with any of that.
But it doesn't make it a group buy. Just somebody buying and reselling chips. No group collection of monies to purchase anything, no equally shared costs, no equal risk spread across all participants, no above-board disclosure of costs and how they affect all participants.
But it doesn't make it a group buy. Just somebody buying and reselling chips. No group collection of monies to purchase anything, no equally shared costs, no equal risk spread across all participants, no above-board disclosure of costs and how they affect all participants.
bergs
Royal Flush
Fuck it, then Harley should sell these for $4/chip IMO. And this is coming from someone who is literally scrambling to find money for a set.
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