The whole coral pricing has become a joke

Just picking out some stuff that stood out to me this past week....

I build the F-150, UAW 892, so time to read and follow is hard to come by these days...

Dont even get me started on those who so easily toss around the word "socialist"-

Just another tag, kinda like these named polyps and the owners who buy them all up and call them rare and make huge proffits on them.

Once the facts become common knowledge, what label will you tag them as?

Way of topic- but its been brought up- not surprisingly around this time in our histotry when this loose term is common...
 
And which side has the most long term experience? Noted in this thread and others here on RC and others? Which side has facts to back up their knowlege from the begining and not just 5 years ago?



I must say also- there is a pretty clear side- in the middle, if you can read between the lines, as tweeked (I think) is trying to say.


To clarify I'm not defending paying $1,000 a polyp. I just don't care if people do. I'm pointing out other reasons why it's getting more expensive as a whole, because I think pointing blame almost solely at "polyp pimps" is short sighted. But if the best you can contribute is to dismiss me because I have less experience than you, then this topic has clearly run its course for me.
 
SDE - One thing worth noting if you're relatively new to reefing (I'm not assuming that, btw) is that very little of what's for sale in the LFS and online is wild-collected anymore, especially SPS and softies like zoas. There's some exceptions - SPS from Australia are all wild-collected, though in a highly regulated, sustainable manner.

The whole colonies of SPS and zoas that you typically see online from a seller like Live Aquaria are mari-cultured in Indonesia and Fiji. There may be a few exceptions, but they're typically priced in the $100 range for a baseball sized colony at retail. That's far, far below the prices that are typically asked for frags by coral slingers, which are typically $60 - $80 or so for a 1" single-stick frag, and sometimes multiple hundreds if the color combinations are deemed desirable.

So this encourages what Mucho's discussing - so-called "chop shops" that buy a $25 - $50 baseball-sized colony wholesale, and cut it up into 10 - 20 1" fragments that they sell for $50 - $150 each. To support this sort of thing, there's a lot of questionable marketing going on, including the appellations of "rare", "limited edition" and so forth.

If you choose, you can avoid this by buying a box of maricultured colonies through a distributor like Livestockusa.org; the typical price structure is about $700 for a box of 15-17 colonies of acropora where you specify the species/color. So about $45 for each colony, typically baseball to softball sized.
 
I know my lfs does a lot of business with local hobbyists. Which is fantastic for the reefs, prices are lower too. Is this the case with your lfs?

I would like to share, I was talking with a friend who works at my lfs and a new hobbyist who had recently purchases hallucination zoas. The guy spent over $600 on about 5 polyps of misc. "rare" zoas. That makes me sick.

I am certainly a bit of a hypocrite. I will and have spent a bit on sps because it's my obsession, but ill never exceed much over 100. A piece needs to be extremely unique for me to spend more than $50.
 
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In my case I'm very grateful to have a very high-functioning reef-only LFS in my area. He buys boxes of maricultured colonies directly from (usually) Bali. The retail price is typically $75 - $125 per colony, in just about every color of the rainbow you could imagine, including multi-colored species/strains like "shortcakes".

That's for acropora, of course. But he also gets in LPS in an amazing variety of colors and growth morphs.

For obvious reasons, I do 100% of my live animal business with him, and don't have a need to order from chop shops.
 
It has got to be area related. Because coral prices were stupid expensive here in the past, and ever since I've started back in the hobby since July, I've seen both the big shops and the small shops aggressively pricing their livestock to sell it and move inventory. This below is copy and pasted from my thread I just made:

Ok, where should I start, I always look for good deals in whatever. However, I can't believe the good deals I've ran into so far in CS. For example seascape has sold me a 8" (2-3 pounds of live rock) polyp rock covered in 100 polyps for $40. They sold me a 11" pipe organ attached to rock for $59.

Onto Petco, got a blue tang for $38.99 through them. Also got 3x cinnamon clowns for $5.99 each. Emerald crabs are $5.99

What else seems really cheap hmm..our main Petco for saltwater here (the only petco with a ORA stocked frag tank with around 100 corals (more selection then any LFS in colorado springs) is 35% off EVERYTHING possibly indefinitely. I just picked up a 4" ORA Green Pocillopora Damicornis, Aquacultured for 35% off of $34.99

I also got sold a 12 blue mushroom colony on a 6" diameter rock for $24.99 before my 35% discount.

So I paid $46.77 today for both corals. I would have bought more, but she said the 35% off will probably last indefinitely or a long time until they move more inventory.

Also I've had this happen five times now at Petco, I'll be looking to buy a feather duster or something attached to a "large" size (4-6 pound) live rock, and they can't get it off, so they discount the rock by 75%.

Is this all common stuff for everyone to get these types of deals, since let's face it, coral doesn't necessarily fly off the shelves, or is this a Colorado Springs thing?
 
Heck, the MOST I've been "ripped off" on a coral here in Colorado Springs is I was charged $81 for a 7" bubble coral. I thought that was a little steep. Nice coral though, nice size.
 
. Trading with fellow reefers and going to swaps may help your wallet, but fear the prices are too far gone and are never coming back to the "good ole days".


Trading is always a good thing. Swaps are becoming just as expensive as retail, unless you find a seller who is logical and reasonable with his prices, kind of like the ole days. I won't agree that it's too late to turn things around sir. Just share this thread and all it's links with as many reefers as possible and hopefully things will change. Will you do that to help the cause?

MUCHO REEF
 
this thread presents two pretty clear sides, i hesitate to even post on it anymore because it almost feels to have reached :deadhorse1: Levels, but here goes.

A lot has changed in 10+ years. Currently we are undergoing one of the largest coral bleaching events in history. I'm sure 10 years ago it was more common to be able to buy more readily available colonies collected from the wild. If you can dive down and find large quantities to collect with no worry about future supply, then of course prices will be cheap. That probably isn't the case anymore.

Are you saying that the sky high price hikes that began in 04/05 are due to historical bleaching events? And were these mass events in each of the collected areas we are speaking of around the world including off the shores of Florida? Yes, it was not only common, but it was the norm post 04/05 to walk into any lfs and buy a colony of anything under $100. I have heard and read every reason/excuse possible for justifying these ridiculous prices hikes, but now we're adding "bleaching" to justify this also?

1. It's a common polyp and the only difference from that one to this one is the orange tips. Did bleaching cause this price hike for a single solitary polyp?

http://www.reefcentral.com/forums/showthread.php?t=2553342

I can literally list thousands of these post everywhere.

Did bleaching cause everyone who ordered or received a retail shipment of mushrooms on a 6" x 6" rock to frag off 30 poylps to create 30 single frags on a white plug and charge $ 20 to $ 1,000 for a polyps with any coloration?

My sources confirms that yes, colonies are still being harvested though somewhat less from the wild then 10 years ago.



knowing the dangers our reefs are in, i will choose to not buy large collected chunks. I would like to lessen the impact my hobby has on nature, thus i will happily pay more for a piece that was aqua-cultured. This inherently brings about higher costs. But i am ok with that, because it doesn't harm the reefs. Most of this aqua-culturing will be done by businesses. I would find it hard to believe that fragging from hobbyist tanks would provide enough supply to satiate the demand in the market place. These businesses need to make money, and that's fine. But their costs are higher, and i'm not talking about just real costs. There is a time value associated with money. They have to make a choice, invest the money needed to set up a large scale aquaculture facility, or not. This money could be spent buying wild collected pieces and selling them to the public. Faster turn around on their money. If they choose to invest in an aquaculture setup, they choose to delay making money, this will be factored into costs of corals in time. And so beyond all the fixed costs of piles of tanks and other equipment associated with these set ups, we have the cost of choosing to wait and grow out frags to sell.

I feel if someone only wants to buy tiny frags, that's great for them. However, if others choose not to do that, why must they acquiesce to what you prefer? Maybe they are not ok with that. Inflated coral pricing is literally killing the hobby slowly. The reasons being given are simply mind boggling. Do you care to keep this hobby affordable for the average middle class family? Did you by chance read these threads of interest? I'm not trying to be mean or smart mouth, but if you have the chance, just check them out at your leisure.

http://www.reefcentral.com/forums/showthread.php?t=2316723

http://www.reefcentral.com/forums/showthread.php?t=1941053

http://www.reefcentral.com/forums/showthread.php?t=1920486

I too use to say, " buy cultured corals only and save the reefs". I am always willing to listen and learn something new and that is exactly what happened when I read something in one of these threads above as I recall. Someone stated that they too wanted to help save the reef by purchasing cultured corals only. To that someone said, and I'm paraphrasing, " hogwash, if you/we were so concerned with saving and preserving the reefs, none of us would be reefing. That 140 lbs of figi rock came from the ocean, your fish, if not captive breed came from a reef, any of those corals you may own and not know their origin might have come from a reef, those inverts could have come from a reef etc etc etc. Those clams if not cultured, came from a reef. When I heard that, it hit me like a ton of bricks, because it's true. I try to respect the reef and I take from it as little as possible. In fact, I have taken anything from it in 7 years.



coral names. Sure some are pretty crazy. Many get muddy, don't stick, change frequently etc. But many don't. I know some here think they are stupid all together. But honestly, how many different color combinations do we see with some types of coral? Take zoas, the main group that seem to carry the names and this conversation. Would it be easier to identify a polyp as a green and yellow ringed with a little orange, and yellow/green skirt, or a widely accepted name such as rasta? The widely accepted and seen names make things easier. I know some are for hype, but for these widely known once, i like them because i know what it is. You tell me you have some rastas, i know how they should look. I'll give you limited edition is a little silly, if you keep propagating it and selling it, its not limited edition. Limited supply maybe.

The reason so many have a problem with names is that it coincided with the advent of sky high prices. Both occurred and began at the same time. Many of them have multiple names, really? It bothers me to see a young reefer who has contacted me locally to help him and when I arrive at his home he begins to rattle off the name of every coral in his tank. As if this is impressive, but he can't tell me the name of a single nuisance algae which is overtaking his tank. He has 12 frags all struggling to survive, paid over $500 in total for them, but he checks his salinty with a hydrometer. That is a short list of reasons why I hate names. I never used names and sold corals all over the world, please see the link below.

http://archive.reefcentral.com/forums/showthread.php?t=208268

Just take a picture and share it.....it's that easy.....and you won't have to remember a single name.



supply and demand. One camp says its a total farce used to support price gougers, the other says its legit. Well, as i mentioned earlier, the reefs are bleaching. So, tell me, do we really think our reefs dying does not constrict supply? Now for individual named varieties, it is incorrect to count what is in someone's tank as supply. Mucho, sorry for calling you by name but it makes this example easier, i read your totm thread, saw all the zoa colonies pictured there. They all look excellent, but if you aren't selling them, they are not supply. You may have a type i am looking for, and couldn't find it anywhere around, but for one site selling a polyp for $20. If i wanted it, maybe i'd buy it. You could tell me that i got ripped off, that you have hundreds, and bought a rock full of them for 20$ back in the day and that they are a very common type.. Which is awesome, but if you aren't selling them, and others aren't either, then you don't count as part of the supply. Some say specific morphs grow really slow, other types don't do well in home tanks, or survive fragging. So, if one is looking for a specific color variant, that may indeed be rare. This argument would be more challenging to prove out, because many of those who state that they aren't rare, also subscribe to the belief that names are stupid. So how can we further the discussion on this? I give you a name, show you a picture of it, and you show me colonies of them?

Sir, I just don't follow your train of thought so I digress and it's ok for us to disagree.

i think i had more, but got distracted, and this has been typed out over a decent period of time, so lets just leave it at that for now.

Mucho
 
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I know my lfs does a lot of business with local hobbyists. Which is fantastic for the reefs, prices are lower too. Is this the case with your lfs?

I would like to share, I was talking with a friend who works at my lfs and a new hobbyist who had recently purchases hallucination zoas. The guy spent over $600 on about 5 polyps of misc. "rare" zoas. That makes me sick.

I am certainly a bit of a hypocrite. I will and have spent a bit on sps because it's my obsession, but ill never exceed much over 100. A piece needs to be extremely unique for me to spend more than $50.


Wow......are you kidding me? He paid $600 for 5 polyps? As a newb he was most likely convinced that this was the normal rate and he got a great deal on something rare that mostly likely wasn't...omg.

MOOCH
 
Just picking out some stuff that stood out to me this past week....

I build the F-150, UAW 892, so time to read and follow is hard to come by these days...

Dont even get me started on those who so easily toss around the word "socialist"-

Just another tag, kinda like these named polyps and the owners who buy them all up and call them rare and make huge proffits on them.

Once the facts become common knowledge, what label will you tag them as?

Way of topic- but its been brought up- not surprisingly around this time in our histotry when this loose term is common...


I agree my friend, not wanting to be gouged by greed does not equal socialism.
 
In my case I'm very grateful to have a very high-functioning reef-only LFS in my area. He buys boxes of maricultured colonies directly from (usually) Bali. The retail price is typically $75 - $125 per colony, in just about every color of the rainbow you could imagine, including multi-colored species/strains like "shortcakes".

That's for acropora, of course. But he also gets in LPS in an amazing variety of colors and growth morphs.

For obvious reasons, I do 100% of my live animal business with him, and don't have a need to order from chop shops.


Does this store have a name you can share?
 
To clarify I'm not defending paying $1,000 a polyp. I just don't care if people do. I'm pointing out other reasons why it's getting more expensive as a whole, because I think pointing blame almost solely at "polyp pimps" is short sighted. But if the best you can contribute is to dismiss me because I have less experience than you, then this topic has clearly run its course for me.


My friend, I think that is the gist of this discussion. Though you're really not bothered and don't care to defend the selling of a single solitary polyp for $ 1,000, doesn't mean the majority of the the reefers who responded to this thread feel as you do. There is no justifiable reason yet given other than greed via gouging to explain what is and has happened.

Not voicing an opinion against something doesn't necessarily mean that one is for it. However, as a new reefer, don't you want to pay what something is worth instead of being fed a lie that something is rare, newly discovered when it is the exact same polyp as another with the exception of a diffetent colored tip and being sold for $ 1,000 ? Don't you want to prevent an unsuspecting new reefer such as yourself from being takened?

By no means am I dismissing you because you're a new reefer, but it's all the more reason I'd want you to know the truth sir so you and others aren't fleeced. You feel me?

MUCHO
 
I'm all about solutions for issues that cause complaint.

If someone threw enough money at this to become the primary US buyer from most major direct sources of marine fish and corals, is that a viable possibility?

Instead of allowing the main few big distributors to buy up all the "good stuff"; is it within the scope of viability to monopolize the industry and regulate prices downward from the top down?

I'd seriously consider putting together a business model and funding such a project.
 
I love the "exclusive, rare blah blah" that carry the massive prices. I spoke to a store that gets in some pretty awesome sps, and when I asked him the names of the new arrivals? His response floored me, and made me really question what the heck is going on here. He actually told me "I haven't named them yet. With out a name, they would only be $20 a frag. With a name they can go for $400". My jaw dropped.

The funniest is everyone goes bananas for "coral named whatever", but there's no real way to track the lineage from the first real colony. And to be honest, do you REALLY think is truly "rare". It's not. It's just rare in your town.

These things are like diamonds. If a supplier ends up with a few colonies of that coral, he will only sell pieces of 1, for a ton of $$$$.

Then he can blow out a colony at the end of the run for a megaton.

If you injection to the insanity, probably best not to buy it. It's just the free market at work.
 
The funniest is everyone goes bananas for "coral named whatever", but there's no real way to track the lineage from the first real colony. And to be honest, do you REALLY think is truly "rare". It's not. It's just rare in your town.

Not entirely true. Case in point the one and only Purple Monster Acropora. We know it goes for about $100 a nub, is hard to find, and is a very slow grower. Well, Triton, Unique Corals, and others tracked down the place this amazing specimen grows. And by "place", it only grows in an area the size of a small office. Further, just a bit away grows species that look similar, but with a slightly different growth structure, and slightly less deep purple. I for one love this species of acropora and have tried a few times to propagate myself. Currently have a nub growing in my frag tank as we speak.
 
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