What it takes for zoanthid expensive?

[pakirri]

Now these days, I have seen crazy prices for zoanthids and they dont even look as nice as some cheaper ones. My guess is that because they are rare they are expensive?

I believe that not all zoanthids are found on the wild because we are putting together different species and this creates new morphs, so its a morph expensive because no one has it?

 

[yh1185]

My opinions on Zoo's are that if you like it buy it. I tend to shy away from anything for more then 5-10$ a frag though, unless there are tons of polyps on the frag. The "rarer" morphs and such may look nice, but in a yr or so, they'll probably be tons of them growing in peoples tangs, and you can easily buy them for cheaper later on. So to your questions, rare does usually mean more expensive, but may not be as nice looking. morphs are expensive because they are rare at this point, in a couple of months, who knows how many there will be.

 

[KafudaFish]

It is expensive because we choose to pay that price. It has nothing to do with something being "rare" or "LE". Those are terms that people put on an item to make them more desirable and profitable for the seller.

Also what is the definition of rare vs. common for us? If one hundred people have the same frag is that common for the hobby or rare? Today there maybe 10,000 people visit RC at some point and that would mean a pretty small percentage just for us yet a 100 different locations seems less rare.

Even in the sales forum here it happens. A person is selling coral a for x amount. If people buy it then the price is that much again and again.

If no one has any interest the seller will either keep the piece or will sell coral a for x - 10% and so on.

It isn't like the pretty corals cost more to ship etc. like they are in first class seating getting to eat with real silverware while the ugly browns are by the bathroom of the plane getting salted nuts.


Also with enough searching those "rare" morphs are probably around more than you think or the latest and greatest must have has been around for a long time it just has been given a new name.

 

[650-IS350]

H Y P E

A fad. A clever marketing strategy which a product is advertized as the thing everyone must have, to the point where people begin to feel they need to consume it.

Or in our terms pay absurd amounts of cash for a eraser head sized polyp ( OR smaller ) or a booger sized chalice frag or 1/4" frag of a SPS.

 

[Chrissypoo]

Marketing.

 

[buddythelion]

Basically the corals that make you go "Ooo, I want that!" Tend to be expensive. Those that are not as attractive are cheaper since no one wants them. Also has to do with how fast they grow. Some morphs grow much slower than others, and if they're colorful and nice enough then the price tag will remain high. Just from my observations.

But I think Kafuda hit the spot when he mentioned how much we're willing to pay. It makes sense that we're more willing to pay more for a frag we see as much nicer and from there we price around how much we ourselves bought it. Pretty much how things price unless it's growing well and fast for the seller.

 

[calveezzzy]

Just like anything collectible, if a certain coral sells for X amount, than the next person trying to sell that coral will sell it for X amount as well. Then, if it gets really popular and a lot of buyers are buying at X amount, then someone might try to sell it for X + 10%. THEN, when LFS's get a hold of this coral, they will see how much it is selling for online and sell the same coral for X + 20%. The secondary/aftermarket ALWAYS dictates the price of collectibles no matter what hobby you're in. Learned this with cards, etc.

 

[pakirri]

Just like anything collectible, if a certain coral sells for X amount, than the next person trying to sell that coral will sell it for X amount as well. Then, if it gets really popular and a lot of buyers are buying at X amount, then someone might try to sell it for X + 10%. THEN, when LFS's get a hold of this coral, they will see how much it is selling for online and sell the same coral for X + 20%. The secondary/aftermarket ALWAYS dictates the price of collectibles no matter what hobby you're in. Learned this with cards, etc.

I agree with you, but once allot of buyers get a hold of a certain coral and they start to grow it in order to get more money for their investment, they will probably sell it cheaper due to more demand. All these buyers are now sellers, 1 person sold 3 frags then these 3 buyers now become sellers and sell 3 frags to other buyers... Now 13 hobbits have the same coral and that will bring the price down..

Now its not just a hobby, for some people its an investment i guess...

 

[N-E CICHLIDS]

I honestly feel that a good majority (not all) of the people who spend large amounts on a single polyp, do it just to say they have it. No other reason simply to say look what I have.

 

[redliner]

Depends on how much an individual willing pay for it.

 

[calveezzzy]

I agree with you, but once allot of buyers get a hold of a certain coral and they start to grow it in order to get more money for their investment, they will probably sell it cheaper due to more demand. All these buyers are now sellers, 1 person sold 3 frags then these 3 buyers now become sellers and sell 3 frags to other buyers... Now 13 hobbits have the same coral and that will bring the price down..

Now its not just a hobby, for some people its an investment i guess...

You're right. When Supply goes up, demand goes down, and if there is more supply than demand, prices will drop.

This is totally an investment for some people! Just like other collectible trades (comic books, trading cards, CCG's, etc.), people like to buy cheap and sell high! Totally sucks for the aftermarket too because of what I was saying before about how LFS's price according to what people online are selling them for.

 

[A. Grandis]

What it takes for zoanthid expensive?

1. Availability.
2. A nice cartoon name tag.
3. Willing to price it.
4. Willing to buy it.

Grandis.

 

[mydeck07]

Supply and Demand