The whole coral pricing has become a joke

This bothered me while I was at my LFS recently. He only had a limited selection of zoas, but they were all $30 and up for 2 small heads. I'm all about giving my LFS my business when I can, but you also have to be reasonable too.
 
MUCHO FOR PRESIDENT!

Well said sir


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This bothered me while I was at my LFS recently. He only had a limited selection of zoas, but they were all $30 and up for 2 small heads. I'm all about giving my LFS my business when I can, but you also have to be reasonable too.

LFS are only following what the polyp pimps have created, a hyped up frenzy of lies and deception fueled by greed to take your money. When I show local reefers pictures of wild zoanthids and how they are collected, their jaws drop. As long as threads like this remain active and reefers can actually see the game that is being played on them, then and only then will they stop paying more then a dollar or two for any of these pencil eraser size zoanthids which grow like weeds for those of us who know how to grow them.

MUCHO
 
HammerLover, I find it amazing but validating that the polyp pimping ( aka price gouging ) has stretched its greedy hands all the way to Philippines, Manila.

http://www.reefcentral.com/forums/showthread.php?s=&threadid=1304962&highlight=Pimpin+Aint+Easy

To even hear someone say that mushrooms are rare is just another ploy to leverage your wallet. The excuses and lies I have heard to garner a high dollar sale to a newb never ceases to amaze me.

The reasons ( excuses ) that I have heard are reaching a fevered pitch.

1. It's what the market will bear.
2. Oh it's just supply and demand. Fail.
3. The cost of reefing has gone up :lolspin:
4. It's due to the economy. Really?
5. Gas prices are higher. ( I heard this 3 years ago ), and how much is gas today?
6. It's just a cycle, you have to wait till it cycles downward again. Wow, for coral?
7. The high prices are due to advancement it reef technology. But that should lower cost.
8. These sky high prices are good for reefing. So why are so many forums dead all over the web. Why have so many reefers I know informed me this is why they are leaving or have left?
9. The hobby is growing faster than the supply. Now I have a headache.
10. There's a limited supply of corals. No, there isn't.
11. Corals grow so slow, at least the rare ultra ones do and that's why they are so expensive. Really?

And the newest addition to this list......it's because of bleaching. Even though wild caught corals being brought to market has decreased over the years due to maricultured corals supplementing the market. Plus, everyone now has a frag tank.

The eyes of many have now seen the collective game that is perpetrated under the guise of all the excuses listed above. Please do not allow yourselves to be "CAUGHT UP" with the lies and the hype. Lets delve into this a bit deeper. Please read what my friend Anthony, a pillar of knowledge an intellect in the reefing community says of it. Just humor me and start at paragraph # 6.

"the extremes to which some folks get caught up in during the buying frenzy are, well… extreme. An artificial and grossly inflated market price then emerges. And rational thinking folks like the rest of us (insert your own joke about me being rational here) begin to doubt our own choices, if not suffer outright ridicule and berating from unoriginal reef aquarists who paid way too much for their animals and must now justify it by making us feel bad for not joining their idiocy.

http://reefkeeping.com/issues/2005-02/ac/index.php

Many have stated that the people who defend these sky high prices are usually and solely supportive because they have a lot to gain, as they are high priced sellers themselves and wish to continue to cash in on the hype. That they themselves worry about their bottom line. But is it true? Lets see how others feel.

Sparrow Hawk wrote in post # 207


"I find this thread enlightening and I am glad to see this topic drawing so much attention. I hope that more people in this hobby will take a stand and refuse to pay these absurd prices. It isn't supply and demand but purely greed. It almost seems like people buy these simply so they can say "look at me! look at me! or they buy them so that they too can "get rich quick". People that stand to gain from the price gouging will defend this topic to the death."

See paragraph #7 in the link again below

http://reefkeeping.com/issues/2005-02/ac/index.php

" But nor will I tolerate the same bandwagon jumpers, or anyone on the fence, hiding under a blanket defense of “market law” to justify the ridiculous prices that some of these animals are being pitched for as of late. Do you really think for a moment that the island collectors, who earn mere dollars per day or pennies per piece for other pretty, but “common,” corals, get rewarded with tens or hundreds of dollars for finding the trendy coral of the week? Please - give me a break… No! If that were the case, the only thing on importers lists and in retailers displays would be that sole coral of the week or month. Message-board bandwagon jumpers create a fallacious environment with their hype, which ignorant (as in “not-knowing”) and/or impressionable aquarists then accept as the real state of the hobby. This is hardly the case at large, yet the outspoken minority would have you cover your eyes with one hand and stick out your wallet with the other to belong to the “popular” coral club.

I could post more examples from many reefers. Polyp pimps, coral slingers, frag-a-holics and "most" all of those with tanks filled with frags will defend these prices for obvious reasons. It's all about the margins and the fight to preserve them.

But, but, but, it's not price gouging or greed, it's just supply and demand, right?

See paragrapgh # 9

http://reefkeeping.com/issues/2005-02/ac/index.php

Things get screwy, though, by the intervention of dubious individuals with misguided business tactics… and they are usually well-connected with fellow hobbyists and potential customers (often in big online communities). These folks tend to be small-time players – trading aquarists or small business merchants – who justify their exorbitant prices with supply and demand. “Supply and demand" is an excuse that gets abused too often and shamelessly, in my opinion. If this were not true, how then would you define or even recognize the existence of price gouging? Seriously, please reread the previous sentences and give them some thought. If you believe that there is any such thing as price gouging, then we must agree on some level that using “supply and demand” to justify inflated prices is not a carte blanche excuse.


But zoanthid, mushrooms and other corals are so expensive now because they grow so slowly, right?. Really?

Here's a pic from TCU Reefer







From Geoxman.





Just imagine how filthy rich they could be if they lied and told you they were rare, told you they grow very slow, only a few on the market, just released and they are called Jimmy Crack Corns. ( I guess they didn't care )

So why are they all called rare, ultra, just released, with lineage from Peter himself and limited edition then? It's called marketing.

See the bottom of paragraph 7.

http://reefkeeping.com/issues/2005-02/ac/index.php

"It’s funny to me that such traders and sellers so freely label some animals as “ultra” this, and “rare” that without ever having been to a reef, worked as a transhipper or importer, or having any real qualifications otherwise for making such statements."

You see anyone can just slap a rare label on them and charge you whatever they want.

So many who aren't aware of the game who came into the hobby after 04/05 aren't aware that corals aren't aren't collected from the ocean floor as single polyps on a round or square plug. Got this picture from stagcrazy.



From Kreeger



Melev



But aren't the named ones rare? The green, red and orange polyps at the bottom of my picture below were all cut off by me and given away over 15 years ago. They are being sold as rare today, with a name, and they are very expensive. Shame, and I still gave them away. I was offered thousands for these blue palys and believe me, I grew well over a thousand of them. You can see them across the room and from outside. No name, no tiny specks and no hype. They were strategically given away to those whom I knew would never sell them.



These grew so fast in my tank they I had to remove them all.




Those who claim all of the reasons listed above to justify these prices, "most" weren't in the hobby or here in 04/05 when it all began, ( and no, that was not a slap ). Those of us speaking against these prices were. No one, I mean I don't recall a single person listing any of these reasons when these prices skyrocketed. Ironically, it was at the same time that everyone started naming them.

So how cheap were these zoas and shrooms in 2003. Click and see.

Note the dates to the left and note the prices.......I've sold frags all over the country and never used a single name. We just sent a picture. There were no per polyps sales. Going rate, 15 polyps of any color imaginable for $ 20.00.

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

Someone decided to start naming them all, then everyone who wanted to sell something labelled them rare, ultra, elite, new to the market, yadda yadda. There was a time when no one, no one wanted these corals as they grew so fast, they were considered a weed. SPS guys laughed at me for growing a tank full of them, that was until the game began, and they sold off all of their sticks and started buying the dreaded weeds too.

It's gotten so bad, that corals won't even sell unless they have a name attached. Stop laughing, really. Corals can and will sit until they perish if they don't have a name.

Please see post # 379 of this thread.


Reel North wrote

"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."

People, I'm not making this stuff up, but wait, there's more.


Read the 5th paragraph in post # 255 in the link below. Dr. Mac's himself states this very clearly.

http://s.reefcentral.com/forums/showthread.php?t=1941053&page=11

"I resisted for many years but had to relent--why?--can't sell a coral to most folks unless it has a name and that is the sad fact. It happens every day--Folks look at corals and say what is the name of that coral I like it--if it does not have a designer name they will not buy it even though they like it--this is a fact."


see post # 186

http://www.reefcentral.com/forums/showthread.php?t=2556733&page=8

This is what and where the hobby has migrate to. If you continue to buy into these lies I shutter to think what this hobby will be like in the next 10 years.


A name alone jacks up the price.

"One time in my LFS someone was selling me mushrooms at ridiculous prices. They are just your purple average shrooms but they named it purple litophyton whatever. I was tempted to buy it since most of the corals for sale are lps, and I've been needing some softies.

Its good I went to another store and bought the same shrooms at a very cheap price without any special names, just plain purple mushrooms"

But, there are new corals being brought to market, and that's why prices are so high, right? Only a small fraction of our oceans have been explored. Of course new corals are being brought to market. That has happened every year I have been in the hobby and this trend will continue, does that justify the selling of a single polyp for $ 1,000.

Google this "$2,425 two palythoa frag sale reminds us that zoanthid collectors mean business". I heard they both died. Things have just "Gone wild".

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

For those who mocked the good ol days, well, those days just look awesome to me. http://reefkeeping.com/issues/2004-08/totm/index.php

Corals are now are being bought just to be sold as soon as a polyp appears. Knowing a name and ID is more important than actual reefing knowledge.

Just because you are willing to pay these sky high prices and see nothing wrong with them, doesn't mean everyone else feels as you do. Read all the links above and reefers against this mess. This thread is informational and directed towards newer reefers and no one is trying to change anyone's mind.


Reef Central is like the Rose Bowl, the granddaddy of them all. It provides so much more then just the fluff of names, pics and sky high prices. The knowledgeable reefers who carried the torch in these forums are fading fast. There is so much more then fluff and I guess that's what bothers so many who see what the hobby has migrated to. If you're still laughing and wondering why we continue to speak up, please, go and read the testimonials in post # 331. I truly hope things change someday soon as so many have left this great hobby due to coral sticker shock.

If you don't agree or see the point of this thread, you're entitled to your opinion. If the thread offends you or you don't agree, then respectfully my friend, just look away or make a post contrary. Nonetheless, this thread has over 20,000 views for a reason.

Mucho


When everyone collectively bands together and stop buying by the polyp, stop paying these silly sky high rip off prices and if you choose to buy, pay no more then $15 for 15 to 20 polyps of anything. Then and only then will this mess truly cease. Now they are going to defend these prices until the oceans run dry, but ask yourselves why ? Why would someone consciously want to pay $30 for 2 polyps, when they use to cost $30 for and entire colony of 30 or more polyps before these childish names? Read my post above word for word and open and read each link. Read and share what you've learned.


MUCHO REEF
 
Why would they choose too? Because they can. It's their money, they have looked at the product and determined it worth spending on. Simple as that. You can go on and on about greed and pimps and gouging, but when there are people paying, and bidding up and up and up on eBay auctions, who's really to blame? Sure I think some prices are out of control, but as most say it's a fad, one fad dies, another begins. What is today's hot coral is tomorrow's run of the mill piece because tons of people bought and grew and fragged and sold til it was more common.
 
geeze I hate named corals. It's the #1 thing I hate most about the hobby. So stupid. I love how divers den doesnt even try. It's just "bushy, tabling, bottle brush, etc etc."

I have 3 named corals in my tank. 1. I got for free for a trade. 2nd I got from a friend because he bought a colony and snipped me a frag for cheap, 3rd I got from LFS that named it. He sold it to me for a reasonable cost ($40, he charges everyone else $200) and I only bought it because the mother colony was amazing looking.

You just have to continue spreading the word and educate as many reefers as possible, trust me, they hear you. We have been discussing it for years in the zoa forum and many have seen the light and have come out of the darkness the pimps want them to live in. Click the link below and read post #88, read the entire thread for matter
.
http://www.reefcentral.com/forums/showthread.php?t=1888199&page=4

Reefers simply don't know the truth about the game. I can share dozens of these testimonials.

Many will pay and support these rip off sky high prices because they only buy just to frag and resale for mega profits. Here's a direct quote from the zoa forum.

" it's an investment and you have to sell while it is hot"

Here's another one.

" it could be an investment. You buy a polyp for 90, it multiplies and you sell several frags for 30-40 and end up profiting"

Reefing is no longer a hobby, it has morphed into purely a money making venture and mega profits. You don't have to ask why so many will defend this practice, it's clear why.


Still others buy out of a total lack of knowledge and misinformation. They actually think these prices are normal and have always been this way, NOT TRUE.

Ebay, lololololol....look at the zoanthid mother colony pictures in my post above. This is how they are collected in the wild from the ocean. Count the polyps, now ask yourselves, do you think LFS are paying thousands or tens of thousands for these rocks? Then how can one polyp be valued at $30 to $3,000 for one stinking eraser size head??????


MUCHO REEF
 
Idk call me crazy or "got taken" but if I buy a polyp or a couple polyps of something I don't really think about how in 1989 it was cheaper or bigger , if I buy anything in this world be it an apple , a pencil or a coral I don't price check against 20yrs ago lol
 
THe funny thing is that just about all those zoas pictured above are available for cheap right now.Big rocks of them. From what I've read reefer/retailers were selling these for 10-30 a frag plug 10-15 years ago. They go for 5-10 now, though most hobbyists just give them away.
 
Agreed those wild colonies can be found in almost any lfs at anytime for $40-$70 in my area for colonies the same size still today lol
 
Idk call me crazy or "got taken" but if I buy a polyp or a couple polyps of something I don't really think about how in 1989 it was cheaper or bigger , if I buy anything in this world be it an apple , a pencil or a coral I don't price check against 20yrs ago lol

Good one...lol
 
Idk call me crazy or "got taken" but if I buy a polyp or a couple polyps of something I don't really think about how in 1989 it was cheaper or bigger , if I buy anything in this world be it an apple , a pencil or a coral I don't price check against 20yrs ago lol

You're not crazy at all my friend.

I have a neighbor who buys $ 250.00 in grocery and never pays more than $50.00 out of pocket.

I'm an avid runner and I only wear Asics and Adidas running shoes that cost $140 to $160 a pair. I keep 5 pairs of shoes on hand at all times and have to buy new shoes every 5 or 6 months. Do I pay full price, no. Every 3 to 4 months they release a new shoe and I always buy out of season. Meaning, I won't buy them in January, but I'll wait and buy them in April. I can nearly get 3 pair of shoes for the price of one.

I can go on and on but you get my drift.

Now I won't go back 20 years ago or back to 1989, but when I'm helping someone new to the hobby I will show and tell them all of the people and places to stay away from and why with proof.

I'm not crazy, they're not crazy and neither are you sir. But if you pay $50 for a polyp and I bought an entire 40 polyp colony of the exact same morph for the exact same price, it simply means you didn't mind paying that price, I and thousands of other reefers do mind.

Mooch

.
 
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THe funny thing is that just about all those zoas pictured above are available for cheap right now.Big rocks of them. From what I've read reefer/retailers were selling these for 10-30 a frag plug 10-15 years ago. They go for 5-10 now, though most hobbyists just give them away.

Then maybe threads like this one are indeed helping to turn things around finally.

I would like to see the retailer selling colonies ( 30 or more polyps ) on a rock of those $30 to $3,000 per polyp zoas and palys we see pimped on Ebay and everywhete else. That's when we'll know things have changed. Anyone have an idea where we can find them? Again, I'm talking about those vibrant colors you guys have names for.

Mooch
 
I didn't say that. I said you can get rocks of those zoas pictured above in post 685. When I recently got my tank going again I went on ebay and picked up 10 frags from5-20 polyps for around $5-10 each. No one bid on them...
 
You're not crazy at all my friend.

I have a neighbor who buys $ 250.00 in grocery and never pays more than $50.00 out of pocket.

I'm an avid runner and I only wear Asics and Adidas running shoes that cost $140 to $160 a pair. I keep 5 pairs of shoes on hand at all times and have to buy new shoes every 5 or 6 months. Do I pay full price, no. Every 3 to 4 months they release a new shoe and I always buy out of season. Meaning, I won't buy them in January, but I'll wait and buy them in April. I can nearly get 3 pair of shoes for the price of one.

I can go on and on but you get my drift.

Now I won't go back 20 years ago or back to 1989, but when I'm helping someone new to the hobby I will show and tell them all of the people and places to stay away from and why with proof.

I'm not crazy, they're not crazy and neither are you sir. But if you pay $50 for a polyp and I bought an entire 40 polyp colony of the exact same morph for the exact same price, it simply means you didn't mind paying that price, I and thousands of other reefers do mind.

Mooch

.

This thread kinda forces the idea that all sellers are scammers but there's plenty of honest people and sellers out there , on the zoanthid fanatics fb page of 8k people you'll see 100 people happy about they're buys for every 1 who isn't , sure there's bad apples but no one seems to mention the good ones in this thread in which imo seem to be more than the bad as the bad rarely last long (sure some keep going but most don't last) calling out the 1% and saying this is how the whole hobby is isn't quite accurate or fair to those who are doing good to people at least imo
 
So let me ask a question , if we throw money out of the equation is all this still wrong and why? If money wasn't a real thing what other problems are there?
 
Give two different people anywhere anytime a dollar each they will almost always argue about the value of that buck and what it should get you , but each will always spend their dollar how they see fit , am I wrong here ?
 
Adam did a write up about photoshopping on another reefsite. It was a good long one. Props to Adam for writing that up.

BTW- you want to stop all these price gouging....... STOP BUYING AT THESE STUPID PRICES that are just fueling the craze. People won't ask for stupid prices when there are individuals that will pay for it regardless of price. If you have a hundred people stop paying for a certain coral and only a handful of "Well off" individuals are left paying, do you think that price remains the same. This topic has come up over a hundred times and has been talked about for years and years now. It starts with you the hobbyist, you ARE the first cog that turns the gears. If you are shelling out hundreds or thousands for a SINGLE polyp, 1/4" frag or an eye of a coral then you are just continuing to allow this to continue.

Do you really think the individuals selling these corals for a couple thousand spent hundreds or thousands to get these pieces?? Ask those divers in the 3rd wold countries how much they're getting paid. How much the dealers are selling these to these collectors or vendors who end up marking these corals up 300-1000% which you the customer ends up paying. In the end, its all a choice and a freedom to do so.

I myself choose not to aid in continuing these practices or environment.

I think this sums it up.
 
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This thread kinda forces the idea that all sellers are scammers but there's plenty of honest people and sellers out there , on the zoanthid fanatics fb page of 8k people you'll see 100 people happy about they're buys for every 1 who isn't , sure there's bad apples but no one seems to mention the good ones in this thread in which imo seem to be more than the bad as the bad rarely last long (sure some keep going but most don't last) calling out the 1% and saying this is how the whole hobby is isn't quite accurate or fair to those who are doing good to people at least imo


My friend, one of the mods gave a warning near the beginning of this thread by saying, and I'm paraphrasing, " this topic comes around time and time again and you're not going to change anyone's mind". That said, I will not cross the line he has drawn and risk having this thread locked. I am thoroughly convinced that if 100% of everything written was confirmed to be completely true, those who are in this solely for the money would continue lying, hyping and deceiving reefers with these rare claims, lies, fake lineage and sky high prices. Nothing will ever change until everyone refuses to pay these con man prices as 650-IS350 stated above.

100 people happy with their purchases simply tells me they are in it to grow and sell every high price polyp they purchase, or they are reefers who got in the game after 2005 and have no knowledge of how they are being scammed. I know reefers all over this country and around the world, not one, I mean not a single one whom were in reefing before 2005 agree with these sky high prices and silly names. I stand corrected, there is one guy.

MUCHO
 
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Idk I'm not really buying that , so your saying that 99 out of 100 people are are only in it to make a buck I find that hard to believe though ....sure lots do but not all I mean that's hard math to swallow based on nothing but an opinion is it not?

Out of curiosity how did you come up with that assumption or conclusion ??
 
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