Statue flipping cannot be self-sustaining employment

[siren3-4]

As "The Godfather" famously said, "It makes no difference, it don't make any difference to me what a man does for a living, you understand. But your business is a little dangerous."

If you buy something that "doesn't" increase in value, you might get stuck. If you do, then I guess you make money.

I, myself, disagree with the "business" of flipping. I think it hurts the hobby. Those in the business of flipping buy just for the sake of making money off of pour souls who collect for the enjoyment of the item.

I feel the same way about ticket scalpers. They buy as many tickets as they can, even in the cheap seats. So when I try to buy, the tickets are sold out. Then I have to go to them and be gouged.

I'm 42 years old. I know that basically, "This is Life". I realize that people do this to make money, and it's legal. All this, I know. But that doesn't make it right!

So when I hear stories of people are losing money in the ticket business or in selling statues, I smile. I believe in karma. I don't feel sorry when bad things happen to those who I believe do bad things.

Just my opinion. And again, if you want to post that, "Hey clibman, you don't like it, tough!", then that's fine. I still enjoy collecting. But I just don't like the "flipping" side of it. When you do something that you enjoy, and someone else wants to gauge you and make the most money from you, yea, that's capitalism, but I personally don't do that, and I can sleep at night.

Just my .02.

Back in the days of the 2 minute sellouts I would understand your view more . . . things take weeks to sell out now . . . Joker was up forever . . .

High prices for sold out items help the hobby . . . it increases interest in the hobby as a whole . . also, the money I make on selling goes right back to sideshow . . so they get my money and the money I make off of selling . . .

It is not gouging if that is the actual market price for the items . . a statue with sustained sales over months and months of $700 means that is what it is worth . . at least for that time . . .

 

[NASEDO]

 

[VS1976]

Raises Eyebrow,Turns and Walks Away

 

[siren3-4]

Where can I buy that . . .

 

[karamazov80]

Collectors are far rational. So, not surprising to me that some try to make a career out of flipping. But yeah, not the smartest way to spend your time.

 

[Darth Snoopy]

As "The Godfather" famously said, "It makes no difference, it don't make any difference to me what a man does for a living, you understand. But your business is a little dangerous."

If you buy something that "doesn't" increase in value, you might get stuck. If you do, then I guess you make money.

I, myself, disagree with the "business" of flipping. I think it hurts the hobby. Those in the business of flipping buy just for the sake of making money off of pour souls who collect for the enjoyment of the item.

I feel the same way about ticket scalpers. They buy as many tickets as they can, even in the cheap seats. So when I try to buy, the tickets are sold out. Then I have to go to them and be gouged.

I'm 42 years old. I know that basically, "This is Life". I realize that people do this to make money, and it's legal. All this, I know. But that doesn't make it right!

So when I hear stories of people are losing money in the ticket business or in selling statues, I smile. I believe in karma. I don't feel sorry when bad things happen to those who I believe do bad things.

Just my opinion. And again, if you want to post that, "Hey clibman, you don't like it, tough!", then that's fine. I still enjoy collecting. But I just don't like the "flipping" side of it. When you do something that you enjoy, and someone else wants to gauge you and make the most money from you, yea, that's capitalism, but I personally don't do that, and I can sleep at night.

Just my .02.

Good post, clibman.

Personally, I detest professional flippers.

 

[BuffyGirl]

I have no patience for flipping. Most place to find success is ebay and you can't be sure if anyone is going to scam you.

I buy these babies for me and me alone.

 

[Blackthornone]

If you have a time machine it can be. I would go back and buy every y-wing and darth talon statue I could get my hands on muahahaha

seriously though how do you define a flipper?
is it someone that buys 2 (1 to flip)?
someone that buys every exclusive and seems to have it for sale right away at a rediculous price?
someone that buys 1 and decides to sell it later on to fund someting new when he sees what it is going for?

I define a flipper as someone who buys something and renovates it and then sells it for a higher price because of the increase in value made entirely possible by their own work. "Flipping Vegas" is a TV show that is a prime example of that.
People use the word flipper to refer to scalpers as a euphemism, because it makes them sound better and less derogatory or reprehensible.
I define a scalper as someone who buys solely with intent to resell at a profit, especially to resell in less than a year. Anyone who buys with the intent to keep and then realizes they can't afford to keep the item or their tastes have changed and sells for a higher price than they paid because that is the price on the secondary market is not a scalper.

A REAL flipper of collectibles is someone who customizes a stock item and then sells that action figure at a much higher price.

 

[Vitus]

I prefer the term scalper for the first 2 examples I gave.

after reading the definition of flipper on urban dictionary I'm not sure it's a euphamism to scalper lol.

I guess buying something for the sake of getting it signed and then selling it for more could be flipping.

 

[jpsarri]

As "The Godfather" famously said, "It makes no difference, it don't make any difference to me what a man does for a living, you understand. But your business is a little dangerous."

If you buy something that "doesn't" increase in value, you might get stuck. If you do, then I guess you make money.

I, myself, disagree with the "business" of flipping. I think it hurts the hobby. Those in the business of flipping buy just for the sake of making money off of pour souls who collect for the enjoyment of the item.

I feel the same way about ticket scalpers. They buy as many tickets as they can, even in the cheap seats. So when I try to buy, the tickets are sold out. Then I have to go to them and be gouged.

I'm 42 years old. I know that basically, "This is Life". I realize that people do this to make money, and it's legal. All this, I know. But that doesn't make it right!

So when I hear stories of people are losing money in the ticket business or in selling statues, I smile. I believe in karma. I don't feel sorry when bad things happen to those who I believe do bad things.

Just my opinion. And again, if you want to post that, "Hey clibman, you don't like it, tough!", then that's fine. I still enjoy collecting. But I just don't like the "flipping" side of it. When you do something that you enjoy, and someone else wants to gauge you and make the most money from you, yea, that's capitalism, but I personally don't do that, and I can sleep at night.

Just my .02.

I agree with you 100%, even though, I have done it in the past to sustain my hobby addiction.

 

[Iggyrox]

You sound like a poor person.

Evilface hath spoken. We can close this now.