Road Trip! (19 Viewers)

[chubbyone]

No it was huge - his biggest ever I think, if not then very close to it. Why they aren't in the classifieds "more" often I can't answer; feels to me like there's been practically nothing but Horseshoes in the classifieds for a year straight.

My sample size is the last month.. so yea.... I’ve been kind of watching for a playable cash set. I have seen a few random racks but no sets as of late. That or I missed them.

 

[Meddler2]

When the bulk quantities are limited (to the point where they sell out in seconds in a free-for-all format), there are better ways to give everyone an equal and equitable chance to buy chips.

Hard to imagine this is possible given low supply and high demand. I know we want to be careful making suggestions in Jim's thread, but I would imagine his goal is to be as fair and equitable as possible whilst maximizing his profit.

 

[upNdown]

As I recall it, for the first horseshoe sale, he sold through the first 15,000 $1 chips in the first ten or 15 minutes. And then I think he released another 10,000 of those $1's within that first hour - I can't recall if they all sold out immediately.
But the point is yes, tens of thousands of chips can sell very quickly.

 

[maxim_666666]

These are desirable chips and if Jim prices them like he usually does, all but the most plentiful couple of denoms will be sold out within a few minutes of the sale going live, you can take that to the bank.

I think that for certain denominations, even 1 minute is very long ..

 

[v1pe]

As I recall it, for the first horseshoe sale, he sold through the first 15,000 $1 chips in the first ten or 15 minutes. And then I think he released another 10,000 of those $1's within that first hour - I can't recall if they all sold out immediately.
But the point is yes, tens of thousands of chips can sell very quickly.

I guess all those people who bought the horseshoes so recently will just sit out on this sale then, right?

 

[Meddler2]

I guess all those people who bought the horseshoes so recently will just sit out on this sale then, right?

Many of them will undoubtedly be buying these as well and in record time....unfortunately.

 

[chubbyone]

Anyone fathom a guess at what percentage of people who "chip" are active members here? Is it likely that 90% of chips sold in these sales goto forum members, or are we a small percentage of the grander chipping hobby?

 

[BGinGA]

When the bulk quantities are limited (to the point where they sell out in seconds in a free-for-all format), there are better ways to give everyone an equal and equitable chance to buy chips.

Hard to imagine this is possible given low supply and high demand. I know we want to be careful making suggestions in Jim's thread, but I would imagine his goal is to be as fair and equitable as possible whilst maximizing his profit.

Actually, it's pretty easy. I made the suggestion below in response to Jim's previous post indicating uncertainty on how to fairly handle sales of low-quantity chips when high demand is present:

Native Lights Secondary Chips
3) Not very many (10,000 chips total) Very rare set for sure.
4) Not sure how to release them in any sort of fair way.

10,000 secondaries:

Fairest way is to raffle off your predetermined sets at your fixed price, to those folks who first commit to buying said sets.

That way, Jim gets what he wants for 'em, and all of those interested in buying them for that price have a fair and equal shot at getting them.

No dibs, no quick-draw.

This approach is totally unbiased and fair, and Jim can set his profits to whatever level he chooses. He'll still have more interested buyers for the sets than there will be available sets to buy, and a lottery drawing for buyers gives each truly interested party an equal chance to purchase. Bonus is that if the sets are priced appropriately, there's not enough margins in the game to make it appealing to flippers.

I'd rather see the extra profits go directly to Jim up-front for his hard work in bringing the chips to market, rather than later lining the pockets of speculating flippers who happened to get lucky with a fast internet connection. And if Jim wants to offer post-sale discounts or partial refunds to those resulting buyers that he KNOWS aren't flippers, well, that works too.

 

[CHP TD]

I guess all those people who bought the horseshoes so recently will just sit out on this sale then, right?

Nope - he who dies with the most chips wins... If 10000 chips are good 20 000 are twice as good!

Dont worry this sick addiction will take hold of you soon...

 

[Josh Kifer]

Dang, I guess I'm just under estimating demand. It'll be interesting to sit on the sidelines and watch this one.

These places are gonna be 10k to 20k in chips, maybe a smidge more, but not to any horseshoe levels.

 

[Josh Kifer]

And 10k seems like alot, but consider that's only 10 - 1k sets. With the addicts we have here, that's a quick quick sell.

 

[Meddler2]

Actually, it's pretty easy. I made the suggestion below in response to Jim's previous post indicating uncertainty on how to fairly handle sales of low-quantity chips when high demand is present:




This approach is totally unbiased and fair, and Jim can set his profits to whatever level he chooses. He'll still have more interested buyers for the sets than there will be available sets to buy, and a lottery drawing for buyers gives each truly interested party an equal chance to purchase. Bonus is that if the sets are priced appropriately, there's not enough margins in the game to make it appealing to flippers.

I'd rather see the extra profits go directly to Jim up-front for his hard work in bringing the chips to market, rather than later lining the pockets of speculating flippers who happened to get lucky with a fast internet connection. And if Jim wants to offer post-sale discounts or partial refunds to those resulting buyers that he KNOWS aren't flippers, well, that works too.

Thanks. I must have missed that post. Been focusing / waiting on replies from Jim

 

[bergs]

Actually, it's pretty easy. I made the suggestion below in response to Jim's previous post indicating uncertainty on how to fairly handle sales of low-quantity chips when high demand is present:




This approach is totally unbiased and fair, and Jim can set his profits to whatever level he chooses. He'll still have more interested buyers for the sets than there will be available sets to buy, and a lottery drawing for buyers gives each truly interested party an equal chance to purchase. Bonus is that if the sets are priced appropriately, there's not enough margins in the game to make it appealing to flippers.

I'd rather see the extra profits go directly to Jim up-front for his hard work in bringing the chips to market, rather than later lining the pockets of speculating flippers who happened to get lucky with a fast internet connection. And if Jim wants to offer post-sale discounts or partial refunds to those resulting buyers that he KNOWS aren't flippers, well, that works too.

Your approach is a lot more sales management for Jim that simply putting them out and caveat emptor with PayPal.

 

[PokerMike]

eBay them!

 

[MD Mike]

eBay them!

 

[GoStumpy]

eBay them!

 

[Big Jilm]

Lots of great discussion here guys on this whole sale strategy thing.

I just want to tell you: Good luck; we're all counting on you.

 

[CHP TD]

God its great to be an Aussie... Until Jim has a sale....

then not so much...

One day i will get in on a sale before they sell out. One day...

 

[Poker Zombie]

Anyone fathom a guess at what percentage of people who "chip" are active members here? Is it likely that 90% of chips sold in these sales goto forum members, or are we a small percentage of the grander chipping hobby?

It's tough to estimate numbers. Tommy probably has membership numbers, but that does not count the numbers of lurkers - people looking in on the site as guests. I would assume that those guests are also chippers of some degree - they can't all be looking in on jbutler's WTF thread. I can pull up a website traffic monitoring website though, and it claims that there were over 140,000 visitors to PCF last month.

That's a lot of people interested in chips - just on PCF.

Then there's the other big chip community - the Casino Collectables Association. These people are typically less interested in playable sets, but they have in interest in chips to be sure. With uncirculated secondaries available, many may be very interested in a sale like this.

If one were to ascertain the membership of both groups you still wouldn't have a ballpark number without going through both membership lists, as there is crossover between the two clubs.

Then there are the others. People that want a set of nice chips. They have plenty of money for their hobby du jour. They Google "casino chips" and manage to cut through the wall of "official casino weight" and find PCF or the chiproom.com and buy nice chips. I wouldn't call them chippers, but they do buy (and eventually sell) nice chips.

 

[David O]

The current PCF member count shows that we have 2,988 people that are signed up here as a members. Active? that is a much harder number to quantify!

 

[MD Mike]

The current PCF member count shows that we have 2,988 people that are signed up here as a members. Active? that is a much harder number to quantify!

I maintain several incognito accounts here such as:

• NotAFlipper
• OneFlipTwoFlipRedChipBlueChip
• BuyHighSellLow
• JustAnAverageNonFlipper

And my favorite username:

• JimsChipsOnTheCheap

I would like to stress than none of these accounts are for flipping chips.

 

[Big Jilm]

Thank god the flipper police are in full force

 

[chubbyone]

Seems Jim’s site is down for maintenance.... is that an indication? A la Apple new product release?!

 

[Marius L]

Seems Jim’s site is down for maintenance.... is that an indication? A la Apple new product release?!

Isn't it like that most of the time? I think its been like that for a few years now. I'm sure the new sale will be posted directly in this forum with links to paypal.

 

[links_slayer]

Seems Jim’s site is down for maintenance.... is that an indication? A la Apple new product release?!

been that way for quite some time. he should prolly just re-direct traffic to his sponsor sub-forum here.

 

[chubbyone]

Isn't it like that most of the time? I think its been like that for a few years now. I'm sure the new sale will be posted directly in this forum with links to paypal.

been that way for quite some time. he should prolly just re-direct traffic to his sponsor sub-forum here.

Sorry, noob.

 

[phaze12]

Seems Jim’s site is down for maintenance.

He took his site down a year or 2 ago. He mentioned he wasnt going to use it anymore.

 

[superchromix]

less chatter more Chip Room sales, please

 

[CHP TD]

I maintain several incognito accounts here such as:

• NotAFlipper
• OneFlipTwoFlipRedChipBlueChip
• BuyHighSellLow
• JustAnAverageNonFlipper

And my favorite username:

• JimsChipsOnTheCheap

I would like to stress than none of these accounts are for flipping chips.

Why?

 

[Duck]

I just want to say, I joined not too long ago and am not too sure of whats happening. But I am very excited.