What is considered an acceptable mark-up?

[stormcab]

Perhaps you have seen this posted elsewhere, but I have written an article that proposes that not all forms of flipping is bad and suggests some guidelines as to how to buy and sell if you want to do so in a courteous and conscientious manner, and one that won't give you a bad name in the hobby. Of course, some of the guidelines are subjective (that is, people may differ on what the market value and above market value for a particular item is), and this is by no means the law on flipping. It's just my own personal view on the matter.

http://vintagestarwarscollectors.com/guest-collector-ross-barr-and-the-ethics-of-flipping/

Very good read. Thanks for that.

 

[edd_jedi]

Pricing, economics, flipping, mark-ups ... turning into the Financial Times here ...

Unfortunately there is a sizable proportion of "collectors" whose main or even sole interest is money, so it's inevitable really to discuss it.

 

[tiefighterboy]

Pricing, economics, flipping, mark-ups ... turning into the Financial Times here ...

Unfortunately there is a sizable proportion of "collectors" whose main or even sole interest is money, so it's inevitable really to discuss it.

Are you really a collector if that is your sole purpose?

 

[sith-smith]

Pricing, economics, flipping, mark-ups ... turning into the Financial Times here ...

Unfortunately there is a sizable proportion of "collectors" whose main or even sole interest is money, so it's inevitable really to discuss it.

Are you really a collector if that is your sole purpose?

Yes...but a collector of money!!

Ultimately if you bought a piece honestly and got an incredibly good price, then I don't think it's unreasonable to sell it at a more market value price, regardless of how much the difference between purchase and selling prices are.

At the same time though I think it's wise to think of reputation, collecting Karma so to speak, and your own conscience. It's definitely not a bad thing to play the good deal you originally got forward

 

[jedisearcher]

I think it all comes down to rarity. I'm pretty sure no one really cares if you bought some loosies or common Mocs at a good price and sold them on for a better price, whatever the mark-up. They'd be quite anonymous anyway as they're common, you could charge what you wanted in line with the market.

But when it comes to something rarer then it's much more obvious and it hurts the collectors who actually collect, rather than those whose focus is the money. Clearly it's going to happen anyway, less so than the common items, but it'll happen. Those are the ones people get truly pissed about because you're hurting their collection, and they'll care more because it's rare. When profit is the only motive it doesn't really matter what you charge, people will be upset that you did it in the first place.

 

[theforceuk]

Pricing, economics, flipping, mark-ups ... turning into the Financial Times here ...

Unfortunately there is a sizable proportion of "collectors" whose main or even sole interest is money, so it's inevitable really to discuss it.

Are you really a collector if that is your sole purpose?

A collector of money only.