Complaining About Facebook Auctions MEGATHREAD!!!

[disc qualified]

It's going to reach a saturation point like baseball cards did in the 90's. Everybody wants to get in on the action but there's only so much action to get in on. It may be a few years away but the market is going to collapse under its own weight.

 

[wkelly42]

The thing that blows me away on Dollar Disc Golf Auctions (and I may be biased, because I've got a Roc3 on there right now that's sitting at $18 shipped) is that people don't seem to understand how auctions work. Minimum bid is $1 -- so bid that. If someone outbids you to $2, go to $3. THAT'S how you get deals on those sites, most of the time. But that isn't how it happens there. Minimum bid is $1, and they'll throw up a first bid of $10 or more.

I'm not complaining, understand, because I've only benefited from this behavior -- I've had three past auctions there that ended above what I thought they would (in one case, I ended up actually making a profit on a used disc!) - I just think that when people complain about the pricing on such sites that they need to look at buyer behavior rather than seller greed. All of the discs I've put up for auction there could have sold for $5 or less, and I'd have had to sell them for that. I'm glad they didn't, but they could have. There is a risk you take with selling on the dollar auction groups.

 

[BirdieMachine]

It's going to reach a saturation point like baseball cards did in the 90's. Everybody wants to get in on the action but there's only so much action to get in on. It may be a few years away but the market is going to collapse under its own weight.

The only way it would collapse is if less and less people were collecting playing disc golf. I actually see rare LE and OOP discs continuing to go up over time as long as the sport and collector market continues to grow. Baseball cards and other collectibles like Beanie Babies were more fads and really had little usable value.

Discs on the other hand do have usable value and collectible value. (P.S I dont collect discs) Sure if the market got really crazy you could see a big fall too. I don't think we are there yet. Even the most ultra rare baseball cards are valuable and rising- Honus Wagner sold for 2.1 Million earlier this spring, a new record.

 

[zenbot]

 

[McFer]

The only way it would collapse is if less and less people were collecting playing disc golf. I actually see rare LE and OOP discs continuing to go up over time as long as the sport and collector market continues to grow. Baseball cards and other collectibles like Beanie Babies were more fads and really had little usable value.

Discs on the other hand do have usable value and collectible value. (P.S I dont collect discs) Sure if the market got really crazy you could see a big fall too. I don't think we are there yet. Even the most ultra rare baseball cards are valuable and rising- Honus Wagner sold for 2.1 Million earlier this spring, a new record.

Thing about the baseball card market was that the really rare and desirable cards (1952 Topps Mickey Mantle) remained highly valuable when the market collapsed in the 1990's. It was the recent production stuff that plummeted, and with good reason. I really wish I would have sold all my Don Mattingly rookie cards in 1987. They were worth $30-$40 dollars at the time. Today they go for around $5.

Likewise, the classic, rare, OOP disc golf discs are going to continue to increase in price, but these newly released discs are unlikely to follow suit, limited quantities or not.

In fact, when I think of Moonshine Verdicts selling for $29.99 retail, I think of the 1986 Fleer Billy Ripken error card where the F word was clearly visible on the butt end of his bat. That card was rare and temporarily valuable, but the long-term demand simply wasn't there.

 

[smyith]

Things are worth what people are willing to pay.

:hfive:

 

[BirdieMachine]

Thing about the baseball card market was that the really rare and desirable cards (1952 Topps Mickey Mantle) remained highly valuable when the market collapsed in the 1990's. It was the recent production stuff that plummeted, and with good reason. I really wish I would have sold all my Don Mattingly rookie cards in 1987. They were worth $30-$40 dollars at the time. Today they go for around $5.

Likewise, the classic, rare, OOP disc golf discs are going to continue to increase in price, but these newly released discs are unlikely to follow suit, limited quantities or not.

In fact, when I think of Moonshine Verdicts selling for $29.99 retail, I think of the 1986 Fleer Billy Ripken error card where the F word was clearly visible on the butt end of his bat. That card was rare and temporarily valuable, but the long-term demand simply wasn't there.

Thats exactly how I see it, Collectors should really want 10/10 older LE and OOP discs. Thats where the money will be 5-10 years from now. On Ebay I saw a ghost stamped Roc from 2001 sell for $1360. That disc may bring 5-10K years from now. We'll see.

Most of these new LE releases wont be worth much I predict. I could see the Brinster, Avery TB's and such good though. CFR Teedevil/Vulcan. Not worth collecting. The really limited Team discs will be good too. Anything really rare and desirable.

 

[jrawk]

yay another facebook auctions thread!

The best thing about facebook driving up prices: People are slowly realizing actual online/brick stores offer the safest, easiest, and fairest priced way to purchase stuff. PERIOD.
Support your favorite resellers!

 

[Stoneberg]

I chorted when I heard beanie joint.

 

[tarel]

IDK what facebook says a discs worth.. If i like you here you get 11x 10x ce in the VIP lounge. I've given it all away will still do.

 

[Horsman]

I wish this forum had the strict rules that the facebook pages have. That is all.

 

[jkdisc]

IDK what facebook says a discs worth.. If i like you here you get 11x 10x ce in the VIP lounge. I've given it all away will still do.

this is true, and he's not the only one. premium membership is the best deal around.

 

[DISCenchanted]

The number of disc golfers has been increasing steadily 10-15 percent every year. With only so many OOP Discs their demand is growing and prices rising. I think we will continue to see prices go up on the LE and OOP discs in demand.

So to answer your question, yes the market is dead if you want reasonable pricing. Im hoping Innova runs everything in Jolly and flatter from now on. Hopefully tune their Star to make it Gummier as well. With Prodigy and Lat/West/DD all making superior plastic, Innova is getting left behind.

Agree with both these points for the most part. It's frustrating to see discs like S/DS Destroyers bringing CE thrower $, but in the end it's an OOP disc and their numbers in the market fall every day when discs get lost or someone stashes them away. That said, I've had pretty bad luck selling everyday plastic on DDGA. I've really lost my butt on a couple discs. I had an unthrown Orc sell for $8 shipped that I paid $16 shipped for. And a field tested Opto Fuse go for $9 shipped. I guess it's just luck when it comes to certain plastic.

 

[mashnut]

I wish this forum had the strict rules that the facebook pages have. That is all.

Such as?

 

[Horsman]

For sale posts must have photos, weight, rating, etc. You cannot post multiple single disc threads.

 

[B3NDER]

Sorry, IGNORANCE is ruining America and the world - not simply facebook. Is it any coincidence that facebook draws in large crowds of people with IQ's barely above that of mentally challenged individuals? Not likely. Is it facebook's fault that people as a whole are getting dumber by the hour? Hardly - it just makes it easier for people who can barely form a coherent sentence to jabber back and forth, thus influencing the growth of DUMB at an alarming rate. The problem is, these people are already so f@#ked on their own, the damage is already done. Complaining about facebook "ruining" anything in general is just a waste of time - much like trying to piss on a blazing inferno, thinking it's going to make a bit of difference. It's not.

You put money in the hand of a dumbass, and you're asking for disaster. Yes it sucks that the prices of discs are jumping up, but the real culprit to blame is society as a whole. zenbot said it perfectly about "things are worth what people will pay" and unfortunately the people in question haven't a braincell to spare.

 

[mashnut]

For sale posts must have photos, weight, rating, etc. You cannot post multiple single disc threads.

A lot of that is self policing. If that's important to the marketplace folks, don't buy from people who don't do those things. If those people are having no problem selling discs without following those guidelines, then they're not very important to the average user.

 

[rd.bittle]

IDK what facebook says a discs worth.. If i like you here you get 11x 10x ce in the VIP lounge. I've given it all away will still do.

this is true, and he's not the only one. premium membership is the best deal around.

Premium membership FTW. :hfive:

 

[tarel]

Also FB has a lot of shill bidding on those sites.

 

[HeavyCritters]

Complaining about things going up in price is ridiculous. The reasons for it are easy...more collectors=more demand and less items available per capita. Places like Facebook=more avenues to sell. There's a reason the big chain stores keep opening new stores.

People complain that DG isn't going mainstream fast enough, but when it does creep in that direction, people complain about things like this. You can't have it both ways. Maybe you should have collected sooner...you'd be the one raking it in now.

^^Spot on.

People always talk about wanting to 'grow the sport', but when discs get rare or your favorite course is suddenly overrun by noobs, everyone is up in arms.

I'm guilty of both of the above, but I have ZERO interest in growing the sport.

I like to keep disc golf as my little awesome secret.

Admit it, so do you.