May 3, 2018 at 3:21 AM #28928
I was introduced to the world of Disney Pins in 2016. Since then I have spent several THOUSANDS and LE and RARE pins. I am also a comic book and sports card collector. I buy/sell mainly on E-bay. Comic books and sports cards have price guides and check list that come out monthly that determines their cost/value (like the stock market). How are Disney Pins valued? I see no regulation on this. I saw a pin on E-bay in which the person was selling it for $4200 (yes $4200.00). I sent a message to the seller requesting how they came to that price point and they refused to answer me back. I was told that their used to be a price guide called Disneyana which stopped printing in 2012 (I think). I am not talking about the price point Disney initially puts on their pins when they first come out. I am talking about the re-sale of pins by private owners. I do NOT see how someone could sell a small DisneyPin for $4200. If there was some type of price/value guide I think more people would get involved with Disney pins. When I buy pins how do I know If I am paying to much or NOT enough? I have asked this question many times on YouTube (Pin life and DisneyKittee) no one has yet to answer my question. If someone can finally help me that would be great. Thank youMay 3, 2018 at 9:26 AM #28929
The stock answer I think is a pin is worth whatever someone will pay for it. Obviously a lower edition size, where a pin is sold, to whom they are sold (CM exclusive etc.), is all a factor. Ultimately though if you can get $4200 for a pin go for it. I would/could never justify paying that much for a pin but if someone feels they like it THAT much and can afford to pay it then that’s all that really matters.May 5, 2018 at 7:57 PM #29021
There are a lot of things that attribute to an insane price.
1) the value truly is there. You can tell by the settings on eBay. You can see if something like it has sold within the last 90 days, and for how much (real value) You can also check to see how often this particular listing has been going on for. It’s possible that it’s been relisted by the same guy for years (won’t go back that far) and the seller is just sitting on it until he gets what he wants for it. Like the several hundred dollar beanie babies in the mall before that market went bust. No one bought them.
2) artificially raising prices. People often tell me X is worth $Y on eBay. I’ve even seen people print out examples to justify their own prices, making it seem like you, the buyer, will be getting a good deal since the seller could get more on eBay for it. Thing is, what an item lists for is NOT the same as what it sells for. Just because it’s listed at $4200 doesn’t mean it will sell for even a third of that. In the case of print outs, at least photoshop it to look like it sold. You can also set up a throw away account, bid on your own item, win, then either not pay, or try to cancel in hopes the sellers fees are reimbursed. Either way would make it seem like it “sells” for that, but very little, if anyone actually does this.
3) Seller paid too much for it, and believes someone else will pay even more
4) family member is making him sell it. Ever find used non collectible items for sale for MORE than they’re worth at the store at a garage sale? Someone wants them to sell it, so they do. Not their fault no one wanted to buy it. Oh well. Have to keep it I guess.
5) bragging rights. “Hey guys! I own a $4200 pin, but only paid $60 for it!”
6) Money laundering. Pin sells for asking price. Could even be an obvious $1 scrapper knock off pin. Are the feds going to know that? Money is exchanged for that item, but maybe that money is paying for more.May 7, 2018 at 1:17 AM #29116
Thank you for all of the reply’s, I now have more insight on how this works.
You must be logged in to reply to this topic.