RainmanTrail
Straight Flush
This thread serves as a poll requesting feedback from the community for how much you think the reimbursement should be for the damaged Wynn Tourney chips I received in my recent transaction with @noblecountydanny. He has proposed that I take pictures of the damaged chips, post them here, and allow the community to decide how much they think the damage is worth, as it is difficult to place a dollar value on the damage to a set like this.
In the original damage thread (found here) Danny offered to reimburse me based on what the community votes that the damage is worth.
Possible valuations for these chips ranges widely, and it is not easy to assess the value of the damage. Note, all these chips were brand new with sharp crispy edges before they were damaged during shipping.
At the low end of their valuation is the average price I paid per chip in the lot, which is approximately $4.20 per chip. (I paid $7827 total for 1798 Wynn Tourney chips & 2 racks of Wynn $1s. The $1 chips sold here on auction about a month ago for $130 per rack; click here for thread. So if we deduct $260 for the $1 chips, then I paid $7567 for these 1798 Wynn Tourney chips, or $4.20 per chip).
At the high end of their valuation is the replacement cost for these chips, or what I could have sold them for on the open market as singles had they not been damaged/broken. They are extremely rare, difficult to find, and would be very expensive to replace as singles or sample sets on the open market. Here are the most recent sales of these chips as singles on eBay. Of course, I'm not expecting him to pay me eBay singles prices for every chip that was damaged, but the replacement cost of these chips is very high, and I also argue that sending me $4.20 for a broken T5000 chip which reduces my rack from 200 to 199 chips is also insufficient. What these are actually "worth" is up to you guys, the community to decide for yourselves.
The last sample set on eBay I could find sold for $315 - link here
I've never seen a T25 sold as a single before. They are very difficult to find.
T100 sold for $31 - eBay link here
T100 sold for $39 - eBay link here
T500 sold for $43 - eBay link here
T1000 sold for $41 - eBay link here
T5000 sold for $134 - eBay link here
Another difficult cost to quantify is the devaluation to partial racks and/or partial sets. Turning exactly 200 of the T5000 chips into 198 chips definitely has an effect, but what that's worth is somewhat subjective.
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Inventory of the damage - 152 total chips listed below
7 Broken chips:
4x T1000s
1x T25
1x T500
1x T5000
16 Badly damaged chips with large chunks taken out
10x T1000s
1x T25
2x T500s
2x T100s
1x T5000
16 Chips with damage to the faces from abrasion (I'm sure there are many more like these, but I just don't have the time to inspect all 3600 chip faces, so I just grabbed a few while I scanned the edges for flea bite damage).
9x T100s
3x T1000s
2x T25s
1x T500
1x T5000
113 Chips with flea bite damage
39x T25s
27x T100s
16x T500s
23x T1000s
8x T5000s
In the photos below, some chips are difficult to see the damage in photos (obviously it's easier to see it and feel it all in person), especially on the black chips, but you'll definitely be able to get a fair sense of the damage from the photos below.
These are the broken chips - a few are obvious, the others you can't quite tell in the front facing photo, but it's easier to see them from the side view, but all 7 of these chips are completely broken.
View media item 6084View media item 6072View media item 6083
These are the chips with chunks taken out of them
View media item 6071
These are some of the chips with damage to the faces - It's hard to see some of the damage in these photos, especially on the black chips, the green ones show it the best in photos, but these all have damage to the faces either by being gouged or from the edges rubbing against other chips while in transit. Again, I haven't inspected the faces of most of the chips, I'm sure there are many more like these. I just checked the edges.
View media item 6082View media item 6073
These are the chips with flea bite damage
View media item 6077View media item 6076View media item 6075View media item 6074View media item 6078View media item 6079View media item 6081
I have set up the poll so that you can select how much you think the damage is worth in terms of a partial refund. I realize that viewpoints on this matter are subjective and are likely to vary somewhat widely. Because of this, I will post several different options for how much you think the reimbursement should be. I am attempting to post options for a reasonable range. Obviously $20 is not an option, and neither is $1000. I'm placing the damage range options between $150 and $500 in increments of $50. If you think the damage falls outside of this range, feel free to express your discontent.
Opinions will be public, as I don't want anyone to think there's any shill bidding or anything nefarious going on with the poll results. Also, I will not be voting, and I want to ensure that this is shown. The poll is open for one week, which should give plenty of time for everyone to decide how much they think the damage is worth.
Since there are several options to select, it doesn't really make sense statistically for this to be a "majority rules" poll (as the option with the most responses may only represent 30% of the votes - unless a huge majority happens to all select the same value I suppose), but rather a weighted average of the responses makes the most sense to be used to assess the value the damage/reimbursement amount.
Example: if 4 people select $150, 2 people select $200, 3 people select $300, and 1 person selects $450, the weighted average would be $2350 divided by the 10 votes = $235 reimbursement.
My aim is for this to be a fair an objective poll.
Thank you in advance for your input, and thank you @noblecountydanny for offering this as a solution.
In the original damage thread (found here) Danny offered to reimburse me based on what the community votes that the damage is worth.
So I can propose a solution here. Why dont you take pictures of the damaged chips @RainmanTrail post them here and take a poll on how much I should refund to you. I am open to a partial refund. And i think the community should decide the value of the refund.
Possible valuations for these chips ranges widely, and it is not easy to assess the value of the damage. Note, all these chips were brand new with sharp crispy edges before they were damaged during shipping.
At the low end of their valuation is the average price I paid per chip in the lot, which is approximately $4.20 per chip. (I paid $7827 total for 1798 Wynn Tourney chips & 2 racks of Wynn $1s. The $1 chips sold here on auction about a month ago for $130 per rack; click here for thread. So if we deduct $260 for the $1 chips, then I paid $7567 for these 1798 Wynn Tourney chips, or $4.20 per chip).
At the high end of their valuation is the replacement cost for these chips, or what I could have sold them for on the open market as singles had they not been damaged/broken. They are extremely rare, difficult to find, and would be very expensive to replace as singles or sample sets on the open market. Here are the most recent sales of these chips as singles on eBay. Of course, I'm not expecting him to pay me eBay singles prices for every chip that was damaged, but the replacement cost of these chips is very high, and I also argue that sending me $4.20 for a broken T5000 chip which reduces my rack from 200 to 199 chips is also insufficient. What these are actually "worth" is up to you guys, the community to decide for yourselves.
The last sample set on eBay I could find sold for $315 - link here
I've never seen a T25 sold as a single before. They are very difficult to find.
T100 sold for $31 - eBay link here
T100 sold for $39 - eBay link here
T500 sold for $43 - eBay link here
T1000 sold for $41 - eBay link here
T5000 sold for $134 - eBay link here
Another difficult cost to quantify is the devaluation to partial racks and/or partial sets. Turning exactly 200 of the T5000 chips into 198 chips definitely has an effect, but what that's worth is somewhat subjective.
--------------------------------------------------------------------------------------
Inventory of the damage - 152 total chips listed below
7 Broken chips:
4x T1000s
1x T25
1x T500
1x T5000
16 Badly damaged chips with large chunks taken out
10x T1000s
1x T25
2x T500s
2x T100s
1x T5000
16 Chips with damage to the faces from abrasion (I'm sure there are many more like these, but I just don't have the time to inspect all 3600 chip faces, so I just grabbed a few while I scanned the edges for flea bite damage).
9x T100s
3x T1000s
2x T25s
1x T500
1x T5000
113 Chips with flea bite damage
39x T25s
27x T100s
16x T500s
23x T1000s
8x T5000s
In the photos below, some chips are difficult to see the damage in photos (obviously it's easier to see it and feel it all in person), especially on the black chips, but you'll definitely be able to get a fair sense of the damage from the photos below.
These are the broken chips - a few are obvious, the others you can't quite tell in the front facing photo, but it's easier to see them from the side view, but all 7 of these chips are completely broken.
View media item 6084View media item 6072View media item 6083
These are the chips with chunks taken out of them
View media item 6071
These are some of the chips with damage to the faces - It's hard to see some of the damage in these photos, especially on the black chips, the green ones show it the best in photos, but these all have damage to the faces either by being gouged or from the edges rubbing against other chips while in transit. Again, I haven't inspected the faces of most of the chips, I'm sure there are many more like these. I just checked the edges.
View media item 6082View media item 6073
These are the chips with flea bite damage
View media item 6077View media item 6076View media item 6075View media item 6074View media item 6078View media item 6079View media item 6081
I have set up the poll so that you can select how much you think the damage is worth in terms of a partial refund. I realize that viewpoints on this matter are subjective and are likely to vary somewhat widely. Because of this, I will post several different options for how much you think the reimbursement should be. I am attempting to post options for a reasonable range. Obviously $20 is not an option, and neither is $1000. I'm placing the damage range options between $150 and $500 in increments of $50. If you think the damage falls outside of this range, feel free to express your discontent.
Opinions will be public, as I don't want anyone to think there's any shill bidding or anything nefarious going on with the poll results. Also, I will not be voting, and I want to ensure that this is shown. The poll is open for one week, which should give plenty of time for everyone to decide how much they think the damage is worth.
Since there are several options to select, it doesn't really make sense statistically for this to be a "majority rules" poll (as the option with the most responses may only represent 30% of the votes - unless a huge majority happens to all select the same value I suppose), but rather a weighted average of the responses makes the most sense to be used to assess the value the damage/reimbursement amount.
Example: if 4 people select $150, 2 people select $200, 3 people select $300, and 1 person selects $450, the weighted average would be $2350 divided by the 10 votes = $235 reimbursement.
My aim is for this to be a fair an objective poll.
Thank you in advance for your input, and thank you @noblecountydanny for offering this as a solution.