Does Trade Bait Work?

[Wreck-It Ralph]

Does trade bait work, do collectors trade rare items for other rare items?

 

[sparkysx]

I'd only do that in person.

 

[Dannywhiteley]

Only way to get a really rare item sometimes

 

[aussiejames]

Of late, trading is all I do to acquire new stuff. Prices are high so for me it's easier to trade comparably valuable things. I've let go of a few items I will never ( unlikely) be able to replace but swapped them for things I thought I'd never own...

 

[Wreck-It Ralph]

So do you think it is more productive to buy things you do not want specifically to trade instead of offering an above market price for an item or offering to buy the whole collection to get a few pieces within it?

 

[wrighty]

In my experience trait will work better trading rare stuff for rare stuff, don't even bother with common stuff. I think like pre-production stuff maybe but you are risking it. I prefer just to buy what I want and not have cash tied up in things I can't move!! Just my 2 cents!!

 

[subzero]

I wonder if anyone out there has gradually traded their way up, starting with a cheap item then ending up having a really expensive figure?

ie starting with a £100 MOC, trading that for a £120, then trading that for a £150, then so on and so on till they have a £2000+ MOC. :twisted:

 

[Wreck-It Ralph]

In my experience trait will work better trading rare stuff for rare stuff, don't even bother with common stuff. I think like pre-production stuff maybe but you are risking it. I prefer just to buy what I want and not have cash tied up in things I can't move!! Just my 2 cents!!

I think you are probably right about tying up cash as I don't seem to be particularly good at trading and I don't like selling so moving forward it is probably best I only buy what I want. I bought a few 41/45A backs some to keep and some to trade but no one seems to want to trade 41/45A for 30 Backs and I don't enjoy selling so I am left with items I don't want, hopefully I will get into them over time.

 

[edd_jedi]

As above only really for rare/desirable stuff. But it definitely does work.

 

[Wreck-It Ralph]

I do have some rare 41/45A MOC to trade I just guess they must be a lot less desirable than 30 backs!

 

[wrighty]

And also sometimes you have to actually trade something you want for something you want more, sacrifice.

 

[jedisearcher]

I do have some rare 41/45A MOC to trade I just guess they must be a lot less desirable than 30 backs!

Sorry, very wrong. If a collector collects 45as then they are what's extremely desirable to that collector. They are just as valuable to that collector as your precious 30 backs are to you.

I know you're talking generally about the marketplace but knowing a collector is stockpiling particular items for long periods of time on the off-chance that they might be useful for trade bait is going to do nothing other than piss people off.

Trade to trade, if no one wants them then sell, there are only so many Palitoy collectors out there who can/will ever want them. If they don't want them what are you actually achieving? You're just buying yourself more serious negative goodwill when people find out what you've got ...

 

[jedisearcher]

And also sometimes you have to actually trade something you want for something you want more, sacrifice.

And this :lol:

 

[yoda]

I do have some rare 41/45A MOC to trade I just guess they must be a lot less desirable than 30 backs!

Sorry, very wrong. If a collector collects 45as then they are what's extremely desirable to that collector. They are just as valuable to that collector as your precious 30 backs are to you.

I know you're talking generally about the marketplace but knowing a collector is stockpiling particular items for long periods of time on the off-chance that they might be useful for trade bait is going to do nothing other than piss people off.

Trade to trade, if no one wants them then sell, there are only so many Palitoy collectors out there who can/will ever want them. If they don't want them what are you actually achieving? You're just buying yourself more serious negative goodwill when people find out what you've got ...

I would agree with this.

 

[Wreck-It Ralph]

I am happy to collect 41/45A as I find any MOC with a Palitoy logo on interesting but my priority is 30 Backs. So although collecting 41/45A's I will always be prepared to trade them for the right 30 Back. Surely this is not the same as stockpiling something.

How do you know when the right time to sell is as just because someone won't trade today doesn't mean they won't trade tomorrow.

 

[Wreck-It Ralph]

I have heard many collectors use the term trade bait I believe the phrase refers to an action which involves buying an item specifically to trade are you saying this is unacceptable?

 

[theforceuk]

I have heard many collectors use the term trade bait I believe the phrase refers to an action which involves buying an item specifically to trade are you saying this is unacceptable?

I don't no, are you saying this is unacceptable? What is trade bait? Do you do this often and if so when and with what items. I'm just intrigued.

 

[yoda]

I have heard many collectors use the term trade bait I believe the phrase refers to an action which involves buying an item specifically to trade are you saying this is unacceptable?

I don't think it's unacceptable it's your business, I just would rather buy something that I truly want for my own collection. I wouldn't put energy into buying something hoping someone else wants it at a later stage. Why have you bought any items you have no interest in at all? And if you have were they just for the purpose of trading at a later stage? Is that why your asking the question?

 

[jedisearcher]

If you want to trade for something rare you need to offer something rare. Ain't no one trading common for rare unless it's ridiculously stacked in their favour. Why would you when you can just wait out the common stuff in the future and buy it yourself.

 

[Wreck-It Ralph]

I have never done it intentionally I bought some 41/45A's with the intention of collecting them then changed my mind about collecting them and thought I would try to sell them as complete set but could not find any buyers so thought I would try to trade them. I often change my mind in collecting as I am a very spontaneous collector so what I don't want today I may start collecting tomorrow, but that's me!