43mm Collection Sale Question (1 Viewer)

[Rbonus012]

Just looking for some feed back before I do anything. Sale/Auctions would be for singles and groups of chips where is fit. i.e BTP would be listed as full sample whereas Belle $1000 would be a single.

Thanks.

ass-hat rule will apply

 

[grantc54]

Personal preference would be a non-dibs sale (time period with draw to select) at your cost. That way everyone gets a shot.

 

[Rbonus012]

Personal preference would be a non-dibs sale (time period with draw to select) at your cost. That way everyone gets a shot.

Soo.. I set the price and give everyone 24-48hrs to call "dibs" then draw a winner for each group/single?

 

[grantc54]

Soo.. I set the price and give everyone 24-48hrs to call "dibs" then draw a winner for each group/single?

Yes exactly.

 

[Rbonus012]

Yes exactly.

Seems like the most fair. Also sound like a TON of work. Hmm.. just don't know if it is practical with the amount of listing there will be.

 

[HaRDHouSeiNC]

Seems like the most fair. Also sound like a TON of work. Hmm.. just don't know if it is practical with the amount of listing there will be.

$1 starting bid auction for the works is easy

 

[Eloe2000]

A like the random pick dibs sales for large items and sets but that would be too much work for myself.

If you want to auction and are willing to take a potential loss I would start with $1. I remember when I used to sell a lot of stuff on eBay and looking into the research that shows people are willing to pay more via auction for rare items than they would if it were listed for that price. The theory is that people get involved and emotional and enjoy the game of it as well. Not that you are trying to profit the most but trying to ensure you recoup your costs.

But if it were me I would just break it up as individual dibs and give priority to those purchasing the most chips. That seems the easiest.

 

[MCTennis]

I just need one Horseshoe Cincy 5k (primary) to finish an entire set. I’m not calling dibs or anything since the outcome of this sale hasn’t been determined but if anyone gets that chip but doesn’t particularly need it, I’d gladly buy it! No biggie if not, just trying to finish the journey.

edit*** I apologize for posting this in this thread. I meant to put it in the original sales thread.

 

[davislane]

Auction. I want to see you sweat on some of those auctions.

 

[FDLmold]

Seems like the most fair. Also sound like a TON of work. Hmm.. just don't know if it is practical with the amount of listing there will be.

Not really. Tell people they get to post ONCE, no thread spam or discussion or GLWS. Then generate a random number between 1 and however many posts there are. Winner is the number that comes up. Except for a 1.

 

[Eloe2000]

Not really. Tell people they get to post ONCE, no thread spam or discussion or GLWS. Then generate a random number between 1 and however many posts there are. Winner is the number that comes up. Except for a 1.

He is going to do this for like 60 individual chips. This isnt one lot. That’s what makes this tricky.

 

[grantc54]

He is going to do this for like 60 individual chips. This isnt one lot. That’s what makes this tricky.

Just combine into like 10 or whatever lots. The OP mentions chips would be combined/grouped already.

The amount of work to randomly pick a number above what would need to be done anyhow for a sale or auction is minimal.

 

[davislane]

He bought them as singles or small lots. Its unavoidably going to be sold as such. Its was a bonkers and ambitious project. I wish it kept going. But alas it came to an end.

Unfortunately there is only 1 @Rbonus012 and therefore very very unlikely that someone will be willing to purchase the whole collection.

Chop it up, start the $1 auctions and let the games begin! It cant wait to see the mayhem.

 

[ReallyGoodUsername]

He is going to do this for like 60 individual chips. This isnt one lot. That’s what makes this tricky.

+1 probably by casino would knock it from 130 to 30 auctions

 

[Eloe2000]

Just combine into like 10 or whatever lots. The OP mentions chips would be combined/grouped already.

The amount of work to randomly pick a number above what would need to be done anyhow for a sale or auction is minimal.

It’s rather arbitrary to just create 10 lots. Even going by casino it’s still quite a lot. 30+ lots is my guess for any kind of sense of the grouping of lots. These are premium chips which he paid a premium for. If you are trying to recoup your costs and make it easy I still think standard dibs works with the occasional lots if they make sense. Creating a single thread with dibs drawing for 30+ lots is too much. Even just managing a single thread with straight up sales of 30 lots is quite a headache. That’s why I stopped buying and selling singles haha.

 

[Rbonus012]

After looking there would be 33 grouped listings and 22 single listings to account for all 138 chips.

 

[Perthmike]

After looking there would be 33 grouped listings and 22 single listings to account for all 138 chips.

How much do you regret pursuing this collection now

 

[davislane]

After looking there would be 33 grouped listings and 22 single listings to account for all 138 chips.

 

[Rbonus012]

How much do you regret pursuing this collection now

No regrets at all. Was a fun ride. Different priorities at the moment. You know how it works.

 

[davislane]

No regrets at all. Was a fun ride. Different priorities at the moment. You know how it works.

You getting into watches?

 

[CrazyEddie]

This is why PCF needs to allow "make me an offer" listings.

 

[ReallyGoodUsername]

This is why PCF needs to allow "make me an offer" listings.

Anyone can send an offer, you just also need to include a price. Most obvious work around is putting the “ask” price at about 2-3x market and say you’d be open to offers as well, which we’ve seen before.

Edit: I get what you’re saying though. Maybe it was meant for transparency but between the above and people posting threads about their chips/new finds which will induce offers, I’m not sure the rule is that effective anymore, if that was its intent.

 

[CrazyEddie]

There's other workarounds as well, but they're clearly violating the spirit of the rules. I think outlawing make-an-offer was a bad idea and that the rule should be reversed rather than merely wink-wink worked around.

... but this is the wrong thread for soapbox stuff. My apologies. But do consider trying to sell this collection in bits and pieces through make-an-offer methods; it'll be the most fair way to give everyone a shot at what they want while bringing in the most revenue for you using the least effort.

 

[gmunny]

Whereas it is a nice gesture to sell these at your cost, I still voted "auction". I tend to think that if you list all your chips at cost (in groups or individually), your higher demand chips will get snapped up quickly (especially if its under market), and, depending on how much you bought (or list) the lower demand chips, you may be stuck with these or need to lower your price to move them. Its the classic limit your upside but not your downside scenario. By an auction, you may at least have the possibility to use gains to cover loses. If you do decide to go the fixed price route, another way to mitigate this issue is to group high demand chips with some of the lower demand chips, but that would be a little tricky to figure out. Good luck!

 

[FDLmold]

This is why I try very hard not to keep track of what I pay for things or remember the prices. I had my fun, the market is what it is when I sell, maybe up down or the same, but the market will bear a certain price and I’m happy with it. I literally could not accurately tell anybody what I paid for the totality of my frac singles. Selling singles is a grind no matter how you do it, if you want market value that is. GL

 

[Rbonus012]

Thanks for all the input guys. I think I am just going to do a hybrid of auctions and sales. Anyone who PM’s me with an offer on any chip before it goes “live” in a sale/auction thread will be considered.

 

[Burke]

Did the HS IN $5k get sold?