name game coral price sky high

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1guydude

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Joined
Jul 11, 2011
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Location
p-town, WA
Someone somewhere help me understand. Do some ppl just have to much bloody money?
Is the coral really that colorful or rare the price demands it?
Is the name and popularity of the coral alone enough to ask $600 for two pieces?

I myself have expierenced this just recently. In my defense the coral is a rarity but...enough to ask a $500 price tag for a 1-1.25" piece of coral?!
Open to thoughts, comments, and questions...just rattles my bones.
D
 
We could be wrong and it could be a simple economics supply and demand....
Low supply/high as a kite demand. Lol

Yes the bouncer bowser mushrooms are spendy.
D
 
We could be wrong and it could be a simple economics supply and demand....
Low supply/high as a kite demand. Lol

Yes the bouncer bowser mushrooms are spendy.
D
 
Those who have it spend it. Those who don't wish they did. I'm one who doesn't have. But would like to think that I'd never spend that much on any coral. I think the prices I've seen are freaking ridiculous!! But this coming from someone who has not :)
 
We could fix it simply by removing the demand. This hobby has progressed away from folks who want to enjoy tanks, trade and have fun to folks who think they are coral farmers whose goal has to be to one up each other in order to be able to afford to continue calling themselves a coral farmer.
 
Removing the demand from those who can afford it? Never gonna happen! Way to many who feel they gain notoriety from owning what others can't. It's universal!!
 
The prices always come down. Group buys can help with costs too. I remember the sunset monti craze 100 dollars for a half inch. 2 members of the forum bought a frag and grew it out. Next thing you know, everyone on the forum had a piece and they made their money back.
Acans also used to be that way
 
It's all about hype.
Yeah, maybe in some cases it rare at first, but I see stuff that's coming from multiple vendors that's still over inflated.
What's funny is I see stuff that I probably wouldn't buy at a low price because I just don't think it's attractive, go for really stupid prices.
 
I feel that from a business perspective there is a lot to consider, you have to pay a supplier to ship it, hope it comes in ok, stock it in a tank, QT it possibly, treat it or dip it maybe etc. you have a store front that you employ people and minimum wage most likely, pay rent/utilities, insurance, etc. These places don't do well unless they provide dry goods & every service possible, most of the larger ones will service companies to help keep their head above water. I don't see anyone getting rich off selling corals alone & only a small handful are large enough to really do well at this very competitive market. The supplier has to go harvest it, probably have laws maybe permits and have specialist that will do the work and I'm sure it isn't for free.

I wish that any fish or coral captured was raised and bread to reproduce more then they should be required to help in some form or fashion to replace the damage there is to our oceans and reefs, this would probably break them on cost but maybe we'd work harder at conservation.

I think from a hobbyist point of view who has the money to enjoy such precious creatures of the sea, really is it a hobby for the rich only? One of the premises for this forum was to do just that, provide a means of sharing information, experiences, giving opportunities to those less fortunate to be able to purchase the biggest and best though others that raise, grow and sale their stock, resale/trade used equipment etc, the knowledge gives us the DIY approach, we learn how to raise grow with our own abilities, build parts, etc. It is a process that works, well it did more so once upon a time ago.

I don't know the right answer, as mentioned the high price of a commodity that is rare should make it expensive but hey if you group buy then regrow then guess it should go down in price. So that leaves us where we are at right?:hat:
 
I don't know the right answer, as mentioned the high price of a commodity that is rare should make it expensive but hey if you group buy then regrow then guess it should go down in price. So that leaves us where we are at right?:hat:



What I see from time to time is when a group or individual goes in a buys something at a ridiculous price and grows it out and then try's to resell it at the insane prices they got it at.
If they are late in the game ( coral has been out for a while) and suddenly they find people just aren't buying at those first run prices, they get upset.

Too me it's kind of like the old pyramid schemes that use to pay off for the top couple, but everyone under gets screwed.
 
I hate to but agree. Lol

To add to that. Someone who pays $100 for an animal is more likely to take care of it rather than say a $10 animal. Not that that should matter.
D
 
I disagree D. I think its more rare that people that repeatedly buy $100 an inch corals are the ones that care the most for their tanks. They seem (to me) to be the folks that are in and out quick, with the least patience.. looking for status...
I have a few pieces that maxed out at about 60-100 bucks... They are great and all, but I'd be more likely to tilt the tank to save one from someone who gave me a helluva deal than I would to save a store/online bought coral.... *shrug*
 
I disagree also. Sorry mfinn :) I've yet to pay more than $30 for a coral. 5x that on equipment because I care so much for their wellbeing. Plus I have to care for what I have. No such thing as easy come easy go-lol.
 

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