Yes it’s supply and demand. It’s a market. A buyer and seller agree on a price and both are satisfied. People claiming to “ know” or “believe” the worth of a good for sale drive me nuts. Only the market determines price, not some belief.
Tinbids Observations
- Thread starter boulders1489
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True, but it's an amusing thought nonetheless. I'm picturing lots of anxiety coming off of those who aren't used to clenching, and severe delays in the marching progression due to an inordinately high number of relights.
Not buying things at double the price and letting people think about their prior decisions for a bit. But like I said, eventually they will get what they want.
I get your point but if those who missed out on the hoarde (non buyers at twice the price) are to wait five years, then that's when the real gouging occurs.
I think it's fair to understand supply and demand and not agree with the inflated valuation. That's why I'm not buying that shite.
The nice thing about Tinbids from a seller's point of view is the buyer pays shipping and Tinbids gives you a pre-paid label so you are not out of pocket any shipping.
That said, it's funny to me people try to sell random jars of stuff. I will only buy in original manufacturer's packaging.
That said, it's funny to me people try to sell random jars of stuff. I will only buy in original manufacturer's packaging.
Yeah, i wouldn’t smoke something stored in a jar that I bought off Tinbids.
I got some great aged
Hmmm? That's odd. I got stuff from there a few times, always plugging the price I wanted to pay, won some, lost some, never noticed anything odd with the ending timer. Having a reserve price wouldn't explain what you're describing though, maybe snipers?
A Swiss online auction site does something interesting likely to deter snipers: auctions tend to end sort of sudden death-like, 30-60 seconds before or after the stated time. Had some fun and good deals on ebay 25 years ago when nobody knew ebay other than internet nerds, would set up alarms to wake up and snipe, Ctrl+F5 wars etc, not anymore, now if I want something I jut put my price and that's it.
There is no such thing as gouging on non-essential, luxe goods. There buyer determines fair pricing, not the seller. If you think the price is too high, don’t buy it. After all, you don’t need it, you just want it. Those are two very different things.
Dunno though, you do get rigged markets. Precious metals prices are completely unresponsive to supply and demand, owing to their being controlled through "paper" derivatives.
Same with diamonds, but I’m talking about luxe goods here. Supply and demand certainly doesn’t control all markets.
Yep, I see this with classic car sales all the time.
You notice this some in the big auctions like Sothebys, Barret-Jackson, Goodings.....
A car with an estimated $40, 000 can sell for $80,000. It's not just supply and demand, there are other things that impact these prices. From the date and plant the car was built to any personal factor....previous owner, nostalgia, personal memories...
I saw a 1968 Chevelle sell at a smaller auction in 2023. The car was in excellent "survivor" condition with 37 000 original miles and all matching numbers. The L89 engine with 350 turbo transmission options and Moss Green....great car. The estimated price was around $30,000. The dang car sold for $96,000. Two or three guys kept bidding for whatever reason. A year later I talked to the buyer who told me this car was built in the factory his dad worked at, on his dad's birthday and came off the paint line where ONLY his dad could have painted the car that color. He really wanted the car.
The point is, you're point is dead on. Luxury goods have little to do with supply and demand. Until you get into the "one off" or EXTREMELY rare stuff. If there is only ONE of something, it's gonna have the supply and demand affect. I'm sure the #1 serial Yugo off the line is worth a fortune.
Not sure. I'm logged in, and can't raise my "upper limit" any further. I'm "winner" and the clock goes to zero (refreshing the whole time), and then seconds after the auction I find out I've been outbid, having had no opportunity to see it happening or react to it in real time. I gave up after three lost auctions.
Did you contact TinBids about your difficulties?
I mostly contact them when I wonder about my sales payments. I don't think anybody cares I'm on the way to obsolescence "because it doesn't work like eBay"
I'll have my son figure it out for me in a few years.
You wouldn't be contacting them because you lost, but to let them know that there was a problem with their system.I mostly contact them when I wonder about my sales payments. I don't think anybody cares I'm on the way to obsolescence "because it doesn't work like eBay"
Bingo, ding ding ding. I would never buy random open jars off the internet, buyer beware. The only rare bulk I’ve ever purchased was in person where you can inspect the goods. Know thy stuff.
I wonder if sellers take pics and send them to tin bids, or you send the actual tobacco to them, then they auction it and sell?
Either way I know folks who have done well on there.
And as for newer releases being resold. I see lots of stuff at 20-30$ a tin on there, well worth it if you really want it, barely worth it for the seller to go to all that trouble for that small money unless they do big volume.
But as we all know, there’s tons of good non-limited releases always available…
But as we all know, there’s tons of good non-limited releases always available…
Not always though. There's definitely rare, one-off, one-of-a-kind stuff that still doesn't generate demand.Until you get into the "one off" or EXTREMELY rare stuff. If there is only ONE of something, it's gonna have the supply and demand affect. I'm sure the #1 serial Yugo off the line is worth a fortune.
Unfortunately the shipping kills the value for buyers on most things on tinbids, unless you’re getting a really good deal on the base price of something. That $20 tin of 2020 CRF starts to lose its luster when you see the $10 shipping (plus excise).
I did manage to snag a 1lb sealed bag of 2019 Sutliff Victorian Match last summer for $40 shipped which has proven to be one of my best tobacco purchases ever, but then around September of last year the bidding started going insane and most things were ending up well above MSRP and/or reasonable market value (even after adjusting for age/scarcity).
I'm not positive, I've never delt with Tin Bids but I think seller is responsible for inventory, photographs and shipping.