tiki mug book - General Tiki

P PolynesianPop Tiki Socialite Corona, Ca Joined: Mar 25, 2002 Posts: 2371	P PolynesianPop Posted posted on Sun, Dec 29, 2002 9:51 AM On 2002-12-29 01:38, TikiHula wrote: I'm thinking of starting to add selling prices from ebay to the info of as many of the mugs as I can. Mike, I personally think posting prices of what the mugs sell for on eBay is a bad idea. Here's why: First, mug prices vary over time. Whenever a newcomer enters the hobby of mug collecting, they have a tendency to pay high for something they don't have, not knowing that the item is not worth the amount they are dishing out. From a reference standpoint, this tends to skew the value of a mug thus, making the price to availablity ratio somewhat inaccurate. Second, since prices fluctuate quite frequently on collectible mugs, your website's Tiki Mug website database will have to be updated rather frequently. If it isn't, then it will be effectively distributing inaccurate information to us collectors. Third, dealers who have no interest in collecting mugs will use the information to price their wares. This could majorly impact the price we pay for mugs. For example, lets say a "newbie" purchased a Harvey's Sneaky Tiki mug on eBay for $35.00 and the Tiki Mug database records this information. An antique dealer sees this and prices his/her Sneaky Tiki mugs accordingly (of course marking it up since they are an antiques dealer). Now the mug becomes "rare and expensive" when in reality, they are a dime a dozen. Fourth, the value of a mug on eBay is not exactly true to the value on the street per se. Someone selling a mug on eBay is making it available to millions of people worldwide. A Paul Marshall Products mug on eBay is fairly common however, not as common when regularly thrifting. This irregularity tends to shift what items are worth in your town and what they are worth on eBay. I think a good basic rule to follow about the worth of a mug is simple common sense - pay what you think the mug is worth. Regardless of how rare, different, uncommon, etc. a mug is, it is only worth what someone is willing to pay for it. Putting pricing information on your Tiki Mug database will not accurately depict that. *** * * The Polynesian Popster * * *** [ Edited by: PolynesianPop on 2002-12-29 09:56 ] [ Edited by: polynesianpop on 2002-12-29 14:50 ]

On 2002-12-29 01:38, TikiHula wrote:

I'm thinking of starting to add selling prices from ebay to the info of as many of the mugs as I can.

Mike, I personally think posting prices of what the mugs sell for on eBay is a bad idea. Here's why:

First, mug prices vary over time. Whenever a newcomer enters the hobby of mug collecting, they have a tendency to pay high for something they don't have, not knowing that the item is not worth the amount they are dishing out. From a reference standpoint, this tends to skew the value of a mug thus, making the price to availablity ratio somewhat inaccurate.

Second, since prices fluctuate quite frequently on collectible mugs, your website's Tiki Mug website database will have to be updated rather frequently. If it isn't, then it will be effectively distributing inaccurate information to us collectors.

Third, dealers who have no interest in collecting mugs will use the information to price their wares. This could majorly impact the price we pay for mugs. For example, lets say a "newbie" purchased a Harvey's Sneaky Tiki mug on eBay for $35.00 and the Tiki Mug database records this information. An antique dealer sees this and prices his/her Sneaky Tiki mugs accordingly (of course marking it up since they are an antiques dealer). Now the mug becomes "rare and expensive" when in reality, they are a dime a dozen.

Fourth, the value of a mug on eBay is not exactly true to the value on the street per se. Someone selling a mug on eBay is making it available to millions of people worldwide. A Paul Marshall Products mug on eBay is fairly common however, not as common when regularly thrifting. This irregularity tends to shift what items are worth in your town and what they are worth on eBay.

I think a good basic rule to follow about the worth of a mug is simple common sense - pay what you think the mug is worth. Regardless of how rare, different, uncommon, etc. a mug is, it is only worth what someone is willing to pay for it. Putting pricing information on your Tiki Mug database will not accurately depict that.

*** * * The Polynesian Popster * * ***

[ Edited by: PolynesianPop on 2002-12-29 09:56 ]

[ Edited by: polynesianpop on 2002-12-29 14:50 ]

Post #17476 by PolynesianPop on Sun, Dec 29, 2002 9:51 AM