Has anyone ever done business with ThePuertoRicoMint? (1 Viewer)

Talrem

Two Pair
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Greetings, Programs!
I was scouring feebay recently for some LGK chips to complete my set, and I came across this seller - thepuertoricomint - selling a single chip for $10.19.
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As you all know, some sellers who list single chips overcharge for most of them. I’m not the most learned chipper here, but after comparing prices here and there, I’ve seen feebay prices inflated sometimes to ridiculous extremes. This seemed like an accurate price to me (maybe?)
I checked out their website (which was lacking) and their feebay store which had a lot of other goodies, so I decided to message the seller and ask for availability first and then I would ask for pricing.
My first message was:
“Hello! Is there any chance you would have 100 of these to sell? Thanks!”

To which they replied:
“How much are you willing to pay on each? I may or may not have, I may check if its $ feasible investing time on it”

Immediate red flag here! My interpretation on this message was “If you’re willing to pay any price, I got what you’re looking for. Otherwise, get lost!” Taking it from a businessman’s perspective I can understand the curt brevity of the response because ‘time is money.’ I wouldn’t want my time wasted when I could be making a profit. But that first question didn’t sit well with me. In my experience, when someone asks you that question, it’s usually with the intent to rip me off. The question is a probe to see if I know the value of the goods, and if I don’t, then they’ll rip me off while trying to make it look like they are giving me a deal. The part about “may or may not have“ translates to “You gotta make it worth my time ($$$) to make me go check my stock.”
I’m sure they know what their inventory is of any given chip for any given casino, so they know how many they have, right?

So I decided to give a neutral, non-committal reply:
“I appreciate your quick response!
I was asking if you have, or would be able to get, that many of those large greek mold chips because many people selling here only have single chips for sale and can’t acquire more. If you don’t have them and it would take a lot of work for you to find that many, I don’t want to inconvenience you. I’m a member of an established poker forum, trying to find available chips in which to make a future investment. If you could provide me with your asking price I can determine if it would be in my projected budget.
Thank you again for your help!”


I thought that mentioning my membership to a non-disclosed forum would indicate that I wasn’t some ignorant schmuck and that I was serious about making a purchase. Again in my experience, if I gave a reasonable offer first they would reply with the same original price, not much less, or just refuse to do business with me. I wanted them to give me their price first - they are the seller. I’m not looking to low-ball them, but I’m expecting them to offer a lower price that would still be profitable for them.
So I was expecting them to send me a price for the full rack - they’re the seller giving the buyer a price, right?

This was their reply:
“I own over 100k chips from over 60 casinos in PR, most of them long closed. I have 8 large contico boxes on a warehouse. I only keep like 10 chips of each place in the office. I have like 250 chips on sale at eBay any given time. I need to know how much you are willing to pay to see if its worth my time. Thanks”

Again, no price! Why wouldn‘t they state their asking price to a potential customer? I’m not getting a good impression from this seller.

Has anyone dealt with this company before? Should I even bother with this seller?

Sorry for the lengthy post, but I needed to tell the story and my thought in their entirety.
Thanks in advance to all for your advice/input.
 
Sounds sketchy. Never heard of them either, but I'm not tuned into the singles community very well. Maybe check over at the Chip Board or with the singles collectors here.

Reading this though, I would say avoid them.

Tagging some singles collectors just in case: @ReallyGoodUsername @juankay20 @kmccormick100
 
I've dealt with him many times, and I think @Ben8257 has too. He has always been a stand-up guy when I've talked to him. I think it is just a one man operation, so I can understand him valuing his time for a request like this.
 
From the conversation I wouldn't be more suspicious than I am on default.
I say, name your price and don't proceed if they ask for more than you're willing to pay.
I'd just go by the eBay feedback and maybe use paypal buyer protection if you wanna be sure.
 
Most eBay chip sellers are a single person with their own quirks. Working with these people is often what makes the difference. This is what it takes. Nothing sketchy to me. Make the guy an offer and if it’s enough for him to get off his butt, he will do it.
 
I’ve bought dozens of chips or more from him, and pretty sure he genuinely has thousands or more chips in inventory, some just as singles some in quantity. His response is pretty similar to what mine would be if I were a business like his. Selling a single chip for $10 means it’s probably worth $2-3 in quantity, so yeah I’m gonna want to make sure a buyer isn’t wasting my time before I go spending an hour of my time digging through inventory for a relatively small overall purchase.
 
I have dealt with him in the past and he is a straight shooter kinda guy. He's also a singles seller so don't expect much break in price for quantity. I have got a few barrels at a time from him but just don't expect bulk/set pricing like you will find from sellers that sell racks & sets. Singles sellers are built for just that selling singles and the pricing is going to be higher than most rack/set buyers are willing to pay. You shouldn't be any more worried than normal about being scammed, he always was straight with me.
 
I've dealt with him many times, and I think @Ben8257 has too. He has always been a stand-up guy when I've talked to him. I think it is just a one man operation, so I can understand him valuing his time for a request like this.
Is he one to work with a customer or is he the type of businessman who “charges what they charge and no deals”?
 
I think his response is totally fair.
He sells singles. You want him to do something that’s outside his business model and may actually be creating more work for him. He’s pretty clearly telling you he doesn’t need this unless it’s worth his while.
Personally, I’ve come to the point where I don’t mind “overpaying” for chips if I really want them. I’m cool with deciding what they’re worth to me, regardless of what the market says. And you kind of have to have that attitude when you’re looking at chips with no established bulk market.
 
Tell him you will give him $300 to inventory everything for us. I’ll pitch in
If he’s got that extensive a stock as he says, I’m willing to introduce him to PCF business. I’m sure he’ll get more business through us than from feebay sales.
 
Because you know his asking price - $10.19 for one chip. You’re the one who’s asking for something.
That’s $10.19 for one, I wasn’t asking for one. I asked how much for 100, and he didn’t give an answer. Nobody would assume it’s the same price - usually discounts are offered when buying in bulk.
 
That’s $10.19 for one, I wasn’t asking for one. I asked how much for 100, and he didn’t give an answer. Nobody would assume it’s the same price - usually discounts are offered when buying in bulk.
??? Make him an offer. Offer him $125 for a rack and go from there. He’s a businessman, he’s used to dealing. If he slams the door in your face your no worse off than now.
 
@Talrem I have a full tournament set of those. I paid less than two bucks a chip. If someone is wants to pay anything like $5/chip, I will be happy to dig in the closet to inventory and get a specific count.

$10 per chip is crazy for a bulk purchase. Not really that good for singles unless you want to sell one every six months.

DrStrange
 
That’s $10.19 for one, I wasn’t asking for one. I asked how much for 100, and he didn’t give an answer. Nobody would assume it’s the same price - usually discounts are offered when buying in bulk.
I guess you’re missing my point. He doesn’t have a price for 100. He’s happy selling as singles. If you really want to deal with this guy maybe it would help to understand where he’s coming from. He doesn’t need to sell you 100. He might even have good reasons for not wanting to sell 100. So start by accepting that, and then make him an offer and maybe you can have negotiations and discussions.
But being put off because he’s not bending over backward to sell to you in bulk isn’t going to get you anywhere.
 
I'll have the lot!
I just wanted minute 2.50 on it's own, but cannot find it
if you have the patience it is all gold (for chip pigs everywhere)
 
I guess you’re missing my point. He doesn’t have a price for 100. He’s happy selling as singles. If you really want to deal with this guy maybe it would help to understand where he’s coming from. He doesn’t need to sell you 100. He might even have good reasons for not wanting to sell 100. So start by accepting that, and then make him an offer and maybe you can have negotiations and discussions.
But being put off because he’s not bending over backward to sell to you in bulk isn’t going to get you anywhere.
Did I ever give the impression I wanted him to “bend over backward”? You’re over-exaggerating things by:
a. assuming you know what the seller’s position is and what’s good for their business (unless you are said person?),
b. assuming that I have no consideration at all for those conducting their own business,
and
c. putting words in my mouth to indirectly accuse me of being a villain.

The purpose of this post was to determine if this seller is reputable and open to negotiation to do business with. Your first post, like others, gave advice about how the initial dialogue went and possible actions going forth - and I’m grateful for that. Some who have dealt with this seller posted favorable feedback which allayed my concern of reputability (thanks @kaimat , @kmccormick100 , @TheBigTater , and @DirtyTIVA !)
I have recently sent an offer and “have got the ball rolling” on a purchase.

Maybe you were trying to play ‘Devil’s Advocate‘ with your subsequent comments, I don’t know, but your recent ”he-can-do-whatever-he-wants-and-doesn’t-have-to-obey-your-commands” comment was out of line.

I‘m a new member to this amazing community, and I’m not one to be intentionally disrespectful. I welcome the advice and experience of ”chipping veterans” to make moving forward in my own endeavors as honest, pleasurable, and profitable to buyers, sellers, and traders alike. I make objective observations and will ask for clarity/counsel before forming conclusions or taking action, hence my original post. I will also continue to be thankful to all who make substantive contributions to my chipping education and experience.

Respectively, I will also call out anyone who, through intent or ignorance, attempts to slander my character. My tolerance for such nonsense has always been zero, and what respectable person would stand for it anyway?

I look forward to everyone’s assistance in the future!

-END OF LINE
 
I'd think an insulting offer like $125 would guarantee no response...
Ok, then something reasonable. The point is - start somewhere. I have no idea the value of these chips in singles or bulk. What else to do? If you feel he won’t accept anything you offer because it’s too high for your budget then walk away. It sounds like the guy is a reputable seller though, so if it’s in your range then go for it.
 

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