|
I
am writing this mostly for the benefit of some of the newer
collectors out there who may be on this list.
I know a few of you but most I do not.
By no means am I one of the "big" traders on
this list but I thought I might take the time to put into
words some of the things I have learned since I started
collecting in 1996. Plus,
maybe this will get some positive discussion going.
I
only collect Olympic pins so that is what I will focus on.
1.
Collect pins for FUN!
NEVER buy or trade Olympic pins as an investment.
These are not coins or stamps or works of fine art that
appreciate over time. Buy
and collect the pins that you like.
I also will get pins that I think others will like so I
have extras for trading.
2.
95% of pins will go DOWN in value after the Olympic
games. If you
really want that green jello pin and are willing to spend $100
for it, go ahead. Keep
in mind that after the games are over, it will be worth a
fraction of that if history holds true.
3.
There is no comprehensive guide or source book that
will tell you the "value" of a pin.
If you are a novice, stick with the low cost pins until
you have an idea of what pins are selling/trading for.
Currently, new SLC pins have retail values from $5-$20
for standard pins and "special sets" may cost more.
Remember rule #1 when making your purchases.
4.
When making a trade or buying a pin, I focus on paying a price
that I am comfortable with.
If someone tells me the pin is "worth" $50
but I am only comfortable spending $25, I don't buy.
I never worry about trying to get a great deal, just a
deal that both parties are comfortable with.
Many of us place different "values" on pins
so a transaction has to be something both parties are
comfortable with.
5.
Pin trading and pin selling are very different.
Pin traders generally will give you a fair deal.
Pin sellers are generally business people looking to
make money so they will tell you anything.
Heck,
there
is a regular/successful ebay seller who always uses the line
"BID ON AN APPRECIATING INVESTMENT FOR THE 2002 WINTER
OLYMPIC GAMES!... During the Olympics you will not believe the
potential for these pins to APPRECIATE IN VALUE."
Well, you won't believe it when you lose money so I
guess s/he is technically not lying!
A true pin trader would never make a comment like that
because it deceives a buyer into thinking they are making an
investment and that their pins are going to go up in value.
NOT TRUE. See
#1.
6.
When trading or buying my mail/email/web, be sure to be
precise in what the deal is for.
With people within your own country, it's probably not
a problem. But,
when dealing with people from other countries, it is very easy
for misunderstandings to occur due to language differences.
Be patient and be precise.
7.
If a deal goes bad, try to work it out.
Most pin traders will make every effort to make the
deal satisfactory. However,
be timely about it. Some
of us make numerous sales/trades every week so it's hard to
keep track of them all. The
sooner you let someone know about a problem, the more likely
you are to getting the situation satisfactorily resolved.
While you may get very frustrated after a bad trade, be
very careful about bringing up personal trading issues in a
public forum. Even if you are right, you may find that you
alienate yourself from others.
There are always 2 sides to a story and this list does
not always see both sides.
You may end up hurting yourself more than if you
would
have just forgotten about the problem and moved on.
There are some people I won't trade with just because
they have a reputation of always complaining.
8.
This group is not currently moderated.
That means that there may be things said here that you
may find unpleasant. Learn
to ignore those people and those messages.
There are more good people on this list than bad so
keep the good, ignore the bad.
Don't let a few bad apples spoil the whole bunch.
The person who originally created this group has more
or less "disappeared" so the list is not managed. Some of us are continuing to work to get that changed by
having a new moderator(s) assigned.
9.
Most importantly,
HAVE FUN.
|