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The Strike Point Archive 01

Re: How Much $40 strike interest

I changed the subject so it's not so biased. grin

You make a good point. I put a chip up for $50 and it gets no bids. I put the same chip up, relisted, for $25 and it sold for $75. Go figure?

But I've learned that if I list something at a reasonable starting price, it's more likely to sell with more bids, than if I start it high and someone just bids to take it at the end.

Once someone starts bidding on something, they have a personal interest.

As for the interest level for $40 strikes, let me step up with a loose look at the interest in strikes. (subject to change and correction by anyone willing to contribute)

In other words, WAG conjecture:

There are less people collecting $7 strikes than $10 strikes. Most people collect $10 strikes.

If a casino issues 500 of a strike, which seems to be a base number, it's often possible to buy or trade for these at slightly over face. Common strikes. Which means there are far less than 500 active, dedicated strike collectors.

It appears that the number of actual $200 collectors (excluding speculators) is under 100. There are some reasons other than just interest, such as having $200 laying in a drawer, vault or wherever. grin The value on these has not settled, but even at face value, that's a pretty big chunk of change to be collecting.

And then there are the $40 strikes. I'm guessing that for the same reasons as the $200 strikes, there are less people who want to spend that much on a strike, let alone on a $40 strike that's for sale for $250! Also the most common strikes are the Tens that can be played for and come out of machines.

So my assumption is that people are more likely to buy and collect $10 strikes for a number of good reasons and less likely to collect $40 or $200 or $7 strikes because they are not part of the realm of current strikes that can be gotten from casinos without special entry or the limited edition specials.

I also see $7 strikes as interesting because there are a limited number that were made, and most likely no more will be produced. If you have a book on them, than you can start working at the checklist.

$40 and $200 strikes have controlled release and special conditions in many cases, so the collector is just a buyer and not a participant by playing machines. In other words, the one with the biggest bank account, buys the best collection. "That ain't collecting." vbg

So it brings me around to the question. How many people actually collect $40 strikes and are interested in having them in their collection? (especially at $250 a pop!) Less than there are $10 collectors and there aren't a great number of $10 collectors... More than $200 collectors?

I'll guess the number of interested $40 collectors is about the same as the number of active $200 collectors, just because of the cost of the strikes. That number is under 100 which to me is a signal that six times face for a $40 strike, isn't going to fly very far. grin

Messages In This Thread

Lack of $40 strike interest
Re: Lack of $40 strike interest
Re: Lack of $40 strike interest
Re: How Much $40 strike interest

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