PLEASE HELP. Determining the (Trading) value of a pin
this is very true.I think the same holds true with all value pins. Something to also think about with eBay is this.
I used the example of the Nemo POH (or a lot of other ones too). It was in the stores at DLR for a couple of months, yet, it was selling on a regular basis on eBay for $29.95 (some were even higher) Now this is all while you can still go buy one for $9.95 less discounts at DLR. Of course, the people who are buying these are usually in other states far away and they cant get to the park and they dont have someone to go get it for them. (Unless they were part of the group "Friends of iamdisneydan" (plug).
To us locals, it's still a $9.95 pin less 10 - 20% but to them, it's a $29.95 pin and they are happy to pay it. So even geograpically, it makes a difference. And if you notice, most of the time (not all the time) most of those pins are listed by sellers in So. Cal.
So even the bargin bin pins from DSF you will see online for $20 - $30.00 and they sell, but chances are, you would not trade $30.00 worth of pins for one being a local (just an asumption)
I used the example of the Nemo POH (or a lot of other ones too). It was in the stores at DLR for a couple of months, yet, it was selling on a regular basis on eBay for $29.95 (some were even higher) Now this is all while you can still go buy one for $9.95 less discounts at DLR. Of course, the people who are buying these are usually in other states far away and they cant get to the park and they dont have someone to go get it for them. (Unless they were part of the group "Friends of iamdisneydan" (plug).
To us locals, it's still a $9.95 pin less 10 - 20% but to them, it's a $29.95 pin and they are happy to pay it. So even geograpically, it makes a difference. And if you notice, most of the time (not all the time) most of those pins are listed by sellers in So. Cal.
A lot of pins will falsely peak right when they are released because people speculate and panic. They remember back to when they waited on one pin and now they can't find it anywhere so they buy the next one right away and then get burned because the pin isn't as popular and they paid way too much.
agreed.I get what you are trying to saying, but generally speaking, a pin that is still on the shelves will not sustain a price which is inflated to triple retail on the secondary market.
is this necessarily bad? what about being "better safe than sorry"? most of the speculation may be unfounded, sure, but what happens if the pin does become hard to get/find in the near future (though lately this hasn't been happening)? Many people will be wishing they bought theirs when they could, even if it was at an inflated price.
And even if the price tanks, is it really that bad? if you wanted it bad enough at the time to pay a high price for it, it would have made you happy (at the time), and at that point it will have done its job. They'd never have known or may have never even gotten the pin, if they kept waiting. This is the same advice when people ask me for help when buying anything computer or tech/gadget related; find out what you want...and just buy it. Technology moves so fast that if you're always waiting around for the next best thing...you'll never get/buy ANYTHING simply because of the pace at which the industry moves. Just get what you want and upgrade when the time comes. The amount of usefulness/joy a product would bring you through its use normally far outweighs the time that you'd have to wait sitting around for the next best thing.
If the value of a pin tanking weighs so heavily on one's decision making, then that person might be in pin trading for the wrong reason(s).
it's a case of being informed, then.My blanket answer: It depends.
If you are the seller it isn't bad at all. But if you are the buyer, it is bad. Not too many pins instantly sell out and become difficult to find anymore, so in the long run, if you always take the "better safe than sorry" approach you will end up very sorry. Say you did that with all of the POH pins one year. At $30 a pop for a total of $360. But, then you notice that about two months after every release the pins are still hanging around and you could have gotten them at retail or even less. That's $240 that you could have saved if you had just waited. Sure, you may get lucky once in a while and buy a pin for $30 and then it jumps to $100, but that is rare.
I think for the buyer, it leads to discouragement when pin collecting. Pins are an expensive hobby and even more so when you get fooled into paying artificially high prices (prices set by the sellers and not auctions).
it's a case of being informed, then.
if a person doesn't do enough research and continues to buy those $10 for $30, perhaps they should make a better effort at doing research? One would think that after seeing the value of a pin they paid $30 for drop, they would be more wary next time. while the "better safe than sorry" approach shouldnt be taken with every pin, being informed coupled with common sense will help a person make a good decision (at the time). If a person has done their research they should have a good "feel" for the market and understand when paying a certain amount for a pin is a good buy, and pass if not -- even if the value drops later, a person with knowledge will more often than not make more good purchases/trades than bad ones (in the long run) simply because they're informed.
+1.And I agree, the value TO YOU (not just monetary value or trading value) is really what's the most important, because again, it could be a 1 trading/200 wanting pin and if i don't like it, i don't want it, end of story. I've also in a couple cases over-traded a little, but i really wanted the pins in question. would i have done it again? probably. but again, depends on the pin. =)
Ok....lol....there are way too many questions/scenarios in there for me to begin responding to them, so I'll just say how I do things.
I take all of the following into consideration:
1. How bad do I want their pin(s)?
2. How long have I been looking for their pin(s) with no luck?
3. What is the trades/wants, LE, original cost, etc. of their pin(s)?
4. What is the market value of their pin(s)?
5. Do I think their pin(s) will be easier or harder to find in the future? (ex. new releases....depending on the pin I will wait because I figure the price will come down)
5. How attached am I to my pin(s)?
6. How difficult would it be to replace my pin(s)?
7. What is the trades/wants, LE, original cost, etc. of my pin(s)?
8. What is the market value of my pin(s)?
9. Do I think my pin(s) will be easier or harder to find in the future?
Depending on the answers to those questions, I may or may not be comfortable with the trade. If I want the pin really really bad and can't afford to buy it or can't find one to buy, I will over trade for it. But if I have the money and I see it out on ebay but the person wants triple the value....I tell them to take a hike, buy what I want and sell my pins if I need to make up the money. Other times I will trade a better pin away for a lesser pin just because by the time I went through the effort to sell and buy, after shipping I would be in the same place anyways.
This is not an easy thing to explain or quantify. Every scenario is different and every person is going to treat every scenario differently.
Man! if it was only $9,950.00 I may have bought it.
oh, if you guys REALLY want to get a kick out of something, look up "dragon framed set" on that evil auction site... LOLOL any takers?? :rofl:
Hey, the real kicker is that shipping is $29.95. You'd think it would be free for that price! LOL
As for the Crazy Dragon Frame. I know it's an LE12, there are none trading and I think116 wanting. What do you think (in your opinion) it should sell for? Lizzie has an LE1 of a Dalmatian Pin. It is an artist proof, given to her and signed by the artist. It is a GOLD version and there was 1 each of a Gold, Silver & Black one. Not that we would ever sell it but a lot of people who are pretty knowledgeable said based on the regular version (an LE250) and the fact there is only one gold one (they did the 250 in silver) they said between $150.00 & $200.00
I know the dragon may be more popular but when I think $2,000.00 per pin basically........... I wish I could hear from one of the 116 wanting and see what they think or would be actually willing to pay.
Agreed. I'm sure each person has a different price for every pin out there. For instance:
This pin:
Pin 36770: Disney Auctions - Jessica Rabbit (Jumbo)
recently sold on eBay for $449!!!! I would never pay that much for a pin in general! But to that person, it was worth that much.
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