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Originally Posted by Jonah 99 Market values are determined by supply and demand.
if a new supply is found this will eventually drive the price down.
A seller is not obligated to disclose the amount of their supply.
When the item keeps coming up for sale the buyers will get a new sense of their availability (increased supply) and if they have fulfilled their purchases demand will be decreased, and yes this will affect the price.
Creating an aire of scaricity to infuence market prices is nothing new, it happens every time a new game system comes out on the market. |
A poker chip example of this is the actual movie prop chips from Rounders ("Teddy KGB" and "Chesterfields"). When they were first available individually and as sample sets, they were going for several hundred apiece. But the supplier (a charity organization affiliated with Miramax) kept selling more and more, sometimes in stacks of 10 or so, and once the people willing to spend hundreds of dollars had them already and it was clear that racks of them were going to be sold, the price per chip (i.e. average price paid on eBay) dropped to around $25 - $50 depending on the denom.
If you announce that you have lots, or even sell them in lots of more than 10, the price per chip will drop. The first few lots of 10 will probably net the current value, but it'll drop after that. If you keep releasing them one-by-one, the value might not change very quickly (depending how big the market for these individual chips is), but it'll take a lot longer to make any serious money. Having said that, at $45 a pop, you could probably make $400 on the first 10 you sell individually, which is almost definitely more than you would get for a lot of 10 (I'd estimate $100-200).
