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Scalping is part of any collectible hobbying!!!

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Scalping is part of any collectible hobbying!!!

broncobilly83

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You know, I was going to post something about this earlier in the week, as I was trying to compare the two genres I collect and fan bases I belong to, Disney and Transformers. Weird combination, I know, but that is what I am, LOL. I thought against that, but after everything that has happened in the last 48 hours or so, I thought I would revisit this train of thought. Before D23 started, I was going to comment that Disney does not have the same issues that other genres do, but I see that is not correct.

There has been ongoing discussion for years in the Transformers realm about the "art of Scalping", which is buying a rare item from a convention, store shelves, internet, etc, and in turn; marking it up a substantial amount and re-selling it. Unfortunately, manufacturers like Hasbro, Mattel, and even Disney do not help the situation by making exclusive items for retailers, limited edition runs of figures or pins, shortpacking items, or even preventing access to some by having to pay for the privilege of buying the item, i.e. D23 or fan clubs (GI Joe or TF Collector's Clubs) for different action figures. An example that is very recent in the Transformers world is the release of an exclusive item at Toys R Us that varied in price from $60-$70 a piece (Times Square and a few others were the $70). There was also a coupon available for 20% off, so the final price would have $50-$58 roughly, but there were people selling them on E-Bay and on Transformers fan sites for $100!!! That is scalping at its finest (or worst, LOL) as each TRU only got 1 case of 4 to start with so they sold out instantly and prevented others who wanted it for THEMSELVES from getting one. As the weeks went by, more became available, and the scalping stopped. Doesn't always work that way though. There was an exclusive for $50 sold at the San Diego Comic-Con that sold out at the show, sold out within minutes on the website the next day, and now markets for $150+; and even though it was 1 per customer, the same people are selling multiples

Now I just spent a whole paragraph talking about Transformers, time to apply that to the Disney side of my collecting. As with the Action Figures, there are times the situation will get rectified, such as more product becomes available, or I am able to trade/purchase from a fellow collector the pin I want at a reasonable trade/price (thanks CaliGurl for the POMHs) and that helps to bypass the scalping. However, there was a pin recently I wanted from a convention that was a WDI pin that was an LE200 for $9.95. Someone here was selling them for around $30 a piece, but you know, I wanted it that badly, I negotiated a slight decreased, but still paid over 150% what that pin cost!! That is the pitfall of any collectible hobby. Someone can not be everywhere and at every show, so you sometimes have to resort to paying what others are asking depending on how bad you want it. Now, I have walked away from some pins because I feel that the price was too high/want too low and waited, and most times I have gotten what I wanted at a more reasonable price/trade.

Some people say that they do this to help pay off bills, pay off the trip to the convention (D23 in this case), etc; and you know that is their right. Scalping is Capitalism (Supply/Demand) at it's finest. If you do not like that, then do not buy it. Unfortunately, odds are the rarer the item, or the shorter the supply, a seller will usually find a buyer, so then you really do have to make a choice. A buyer can either pay the price, negotiate for a lower price, or in turn not buy it and the seller will either find a seller, lower the price, or not sell it.

In closing, threads complaining about different auctions selling pins for 100% mark up, complaining about people selling them here for a substantial mark up, how someone can have 30+ of the same pin that is 2 per customer, etc, might help relieve stress, but helps to inflame a community on a sensitive issue and then you get threads about people leaving the community because some person on the net who they may never see in real life "hurt their feelings" about a comment made. (and yes, it happens on the other boards I belong to as well). If you really are concerned with it to where a comment must be made, confront the seller privately, or contact the manufacturer.

In my own opinion, I respect everyone's opinion here, and would be willing to deal with anyone here until they show ME they are unreliable, etc. Not because scuttlebutt says they are rude, obnoxious, etc, and I hope others feel the same about me. It would be a shame if someone did not want to deal with another board member who had a trade that might benefit both because a third member said that someone was immature, etc. This is a community based on the liking of the same items, and formed partially to help others get what they want in turn for what you want, as well as to talk respectfully about those items.

Just my $.02
Bill
 
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I agree ! Scalping is part of the way life goes . Look at NFL tickets !
+1
as I said in another post , I learnt the hard way . From now on when I look at a sales thread if I don't like a price I move on .
 
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Bill, such a fantastic and timely post! I wish we could all step back a little and not let emotions get the better of us (in our replies to others or in our reactions to their replies). I know it's really easy to say "don't take it personally", but it's much harder to follow that advice.

Thanks for the words of sanity.
 
I agree with everything you just said. And we need to remember, opinions are like armpits - we all have them and they all stink That's my $.05 worth.
 
Mmmm.

You know what the saddest part is to me, personally, though? It's the taint.

Instead of being happy that I got the pins (or whatever) that I was looking forward to, I have a negative association with the items. I will always look at my Jessica Screen Legends set and remember myself in tears that night, and feel bitter about the extra $200+ I had to spend just to get it. When we're talking hundreds of dollars, these mark-ups aren't just "oh, well" anymore. That's a HUGE chunk of change.

And it's easy to say "just don't buy it", but...come on. We're in this hobby for a reason. I'm pretty picky about my pins- I almost never buy park releases anymore, and ds.com hasn't seen me since last semi-annual sale. So when I see something that draws me in as much as this Princess set...that's a good sign that I really want it, and that I'm not just caught up in "pin craze". So for many of us, we get mad because, basically, we just got price hiked. It's like flushing money down the toilet.

I don't begrudge anyone a fair profit/mark-up on a rare, in-demand item. But, I think it's VERY interesting that we haven't seen a set up auction-style yet. At what point does it stop being a mark-up and become a ransom instead?
 
Abyssinian28, I so agree with what you said. But my perspective is older Stitch DA100 pins. They almost never come up for auction; instead, they are always listed at Buy-It-Now for $300+, and then they sit there forever!!

When they finally do come up for auction, I usually try to get it and it's usually for $150-$200 less!! I guess it's a matter of patience between me and the Buy-It-Now seller...
 
Indeed, Unibear! I have the same issue with DA Jess, Tinks, and such. The older stuff doesn't bother me as much, for some reason, though. I think...it's because I never had a chance at getting them at their release price, anyway. I wasn't collecting hardcore when they came out, and I know they're older. I mean, yeah, it's annoying that the BIN are so far out of range (seriously, sellers, what's the point? You're not selling them...), but overall, I can wait on those.

But watching a new release that I may have had a chance at go up, up, up...gah! That grates my nerves.
 
+1 for this thread.
Perhaps when we return to Houston I will write a post on the economics of scarcity pricing and the concept of the informal cooperative. Then again, perhaps not.
 
+1 for this thread.
Perhaps when we return to Houston I will write a post on the economics of scarcity pricing and the concept of the informal cooperative. Then again, perhaps not.

Please...no...spare us.

I had college flashbacks there for a second...::fans self::
 
+1 for this thread.
Perhaps when we return to Houston I will write a post on the economics of scarcity pricing and the concept of the informal cooperative. Then again, perhaps not.

Please only if you include the appropriate non-linear econometric modeling to demonstrate how ad hoc data supports your concepts.
 
awesome, well thought out and well-put post.

With collectibles, (especially hard-to-find/rare/limited editions, etc), it's the nature of the game. The chase is part of the excitement. If every collectible was easy to get for everyone, it really wouldn't be very fun, would it?
 
+1 for this thread. Perhaps when we return to Houston I will write a post on the economics of scarcity pricing and the concept of the informal cooperative. Then again, perhaps not.
*fanning myself* you had me at scarcity pricing Great thread. It sucks to pay lots above original retail but when there's only 100 or 150 of something and thousands of people that want it...yeah that usually means I won't get one. Pin collecting is a long range hobby. Todays good pin is tomorrows grail trade. I think evryones frustration came when it was like INSTANT GRAIL! But I'm not going to give up...that's the thrill of the chase!!!
 
True loves ... we will eventually get the ones we want and I beieve the price will go down after the hype is over . I was upset but crap happens ! I did however send a nice message to The Disney Store ! NOT !!!
 
Great post Bill!
I buy things for resale quite often and have actually had people yell at me and curse me out(through emails and messages).
When they were first released I sold Zuzu pets for a 300% markup.
Although with the zuzu pets I didn't go to the store on release day and buy all the stock, a relative bought them for her children and so didn't her Mother in law so I resold them for her. I didn't intend to make a killing on them, however supply was low and demand was high so I went with the current(at the time) going rate.

While I understand some folks may be mad, they should realize its not just scalpers who make a huge markup on the things we buy. I'm sure Disney doesn't pay anywhere near close to the $9.95 they sell a pin for, they probably pay $0.25-0.50 at the most.


From a collecting stand point, I realize people need to make money so if there is something I'm looking for that has an insane markup, I will either pay it and have that item for my collection or just forget about it. I don't see a need to get worked up over something so trivial. Supply and Demand. Capitalism at its best.
 
What a wonderfully written post!! Factual and to the point without pointing fingers, but explaining what (sadly) happens.

There is also the math part of this: We all assume the mark up directly goes to the seller's pocket. We see that an item costs $200 and someone is selling it for $350, so we assume it is $150 profit. But it is not so. After taxes (8% or so in CA ??), Ebay fees, Paypal fees, shipping costs, etc. the person who is selling it loses close to 40% of that $150. There might be a mark up, yes. But they do not take all of it home.

So, for my part, if I know a seller, I quietly e-mail them to take it outside Ebay. Why feed Ebay more $$ for fees?
 
...if I know a seller, I quietly e-mail them to take it outside Ebay. Why feed Ebay more $$ for fees?

Brillig Merryweather! I agree, the fees are outrageous! Before I ever sold I sure thought those sellers were making a fortune...once I did, uh, notsomuch. I don't want to sound like a broken record, but google: rolbe ebay calculator...you'll find a template in which you can see exactly what a seller is 'taking home.' It isn't nearly what people are usually guessing.


+1!!! I couldn't agree more Cicada!

[my random thoughts/responses]

I've been fortunate to make a good profit on some pins - but more often than that, I'm spending way more to feed the habit.

I might make $40 off an old LE100, but I just seem to turn that profit back over to another seller for something I've been looking for and then they're making the 'ridiculous profit.' Ha - my guess is they then do the same thing. I think a lot of us would agree: it's an addiction!

You're all right though, it is all supply/demand. When I sell I usually start with my "gosh, it'd be awesome if I could get this much," and work my way down over time.

Sometimes it's easier to sell off one of my low trade/high want pins and just buy the rare one I'm after than to hash out a complicated trade...not always, but sometimes. I'll pay a mint for some pins; others, I keep on my watch list until the seller gets their head out of the clouds. Sometimes I miss them doing that, but like others have said: some of the fun is in the hunt.
 
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The one other thing that some people are forgetting is that scalping helps the people that don't live near the parks (or don't have access to wherever whatever is being released). I would only have a handful of pins if not for ebay, so i for one am very thankful for scalpers! Granted, i like it when they don't raise the price, or only raise the price a little bit instead of a lot (who actually LIKES paying ridiculous prices for things? nobody, obviously), but still, i wouldn't have the pins that i do without them.
The whole "if you don't want to pay that price, don't buy it" thing doesn't really work for me because i'm a completist and i want to have all of the Alice in Wonderland pins. It's still a choice, so i'm choosing to complete my collection - but if i have to pay an arm and a leg to do it, i will probably complain about it!! Just my human nature
I guess what i'm saying is that i'm managing to be 'grateful for' and 'resentful of' something at the same time. Grateful for the opportunity to buy it when i otherwise couldn't, and resentful of paying an exorbitant price for it... i want to have my cake and eat it too!!!
 
PS - i am so jealous of the people that enjoy the hunt! I hate hate hate it! I enjoy "having" and don't want to have to chase stuff down... but i sure wish i enjoyed it. I've had to do it a lot. Mostly i find it frustrating because i have a terribly low patience level (something i'm trying to work on!).
 
I dug this out from last summer, as I think it needed to be brought to the front again with all that has happened in the last couple of days.
 


As someone who collects anime figures, pokemon plush (some ranging well into the $100-200 range) and pins, I fully understand the scalping market. And sometimes, the scalping market is the ONLY way you can get the items!
 
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