Driven by some posts on Reddit from a member there, i decided to create this post in BF as well because i am curious to see what's your take on this one.
It seems that a lot of people jump into buying limited edition knives with the sole purpose to resell them at an inflated price point, sometimes reaching ridiculous levels.
Most recent examples would be the Dark Timber knives (lately an OG Grizzly was selling for 290 USD on top of the original price), the 20cv/tan G10 PM2 (up to 270 USD), and the ST. Nicks versions of PM2 & PM3 (around 250 USD i think).
Now, it's one thing to buy something thinking that you gonna like it and then you realize that it's not for you (even if you decide to make 10/15 bucks) and another to buy something only to resell it for a huge gain (considering its limited nature which of course gives it the inflated price possibility).
I personally agree with the opinion expressed from the fellow Reddit member that this tactic robs the chance from those who really want the knife to acquire it at the standard price, if they manage to get one at all. For me, this is a 'F... u' to the face of the rest of the knife community that would like to own the certain knife.
*FULL DISCLOSURE: At the very beginning of my involvement with the knife community, i had the same mentality and I DID try to practice the same thing a couple of times. Not only i didn't sell the knives i intended to profit on (cause people are not stupid -or shouldn't be because that willingness to pay ridiculous prices is the reason the prices are sky-high on these items), i ended up losing a few bucks after a while they were not selling and i had to drive down the price. And the slight money loss was the beginning of it, cause after getting more into knives and take the community seriously, i felt like an a_s for my mentality. Now i have quite a few knives for sale on ebay, knives i intended on keeping or really liked at first, that i sell for what i paid, some much less (i live in the E.U. so there is always the extra cost of customs, and that 'prohibits' me to resell in the US, the financial loss to do that would be great).
I understand that nothing officially inhibits people from this practice, except from respect towards others and common courtesy, which are self-imposed, but it should be frowned upon and we should stay away from these kind of purchases in order to fight this tactic.
Personally, i applaud the tactics employed in Reddit, though BF prohibits posting unrelated to the sale material on a thread. It seems that that the phenomenon has been more sporadic than it used to be, due to the -let's be honest
- bullying these sellers with much clutter (...or not?) on the thread.
I understand that every person is different, and in most cases there are as many opinions as there are people, so i can't change someone's indifferent -at least- attitude, but i can choose not to buy from them, and drive this attitude away from the Forum. Unfortunately, it's a numbers game, and a united front is required for this to take place.
Christos.
It seems that a lot of people jump into buying limited edition knives with the sole purpose to resell them at an inflated price point, sometimes reaching ridiculous levels.
Most recent examples would be the Dark Timber knives (lately an OG Grizzly was selling for 290 USD on top of the original price), the 20cv/tan G10 PM2 (up to 270 USD), and the ST. Nicks versions of PM2 & PM3 (around 250 USD i think).
Now, it's one thing to buy something thinking that you gonna like it and then you realize that it's not for you (even if you decide to make 10/15 bucks) and another to buy something only to resell it for a huge gain (considering its limited nature which of course gives it the inflated price possibility).
I personally agree with the opinion expressed from the fellow Reddit member that this tactic robs the chance from those who really want the knife to acquire it at the standard price, if they manage to get one at all. For me, this is a 'F... u' to the face of the rest of the knife community that would like to own the certain knife.
*FULL DISCLOSURE: At the very beginning of my involvement with the knife community, i had the same mentality and I DID try to practice the same thing a couple of times. Not only i didn't sell the knives i intended to profit on (cause people are not stupid -or shouldn't be because that willingness to pay ridiculous prices is the reason the prices are sky-high on these items), i ended up losing a few bucks after a while they were not selling and i had to drive down the price. And the slight money loss was the beginning of it, cause after getting more into knives and take the community seriously, i felt like an a_s for my mentality. Now i have quite a few knives for sale on ebay, knives i intended on keeping or really liked at first, that i sell for what i paid, some much less (i live in the E.U. so there is always the extra cost of customs, and that 'prohibits' me to resell in the US, the financial loss to do that would be great).
I understand that nothing officially inhibits people from this practice, except from respect towards others and common courtesy, which are self-imposed, but it should be frowned upon and we should stay away from these kind of purchases in order to fight this tactic.
Personally, i applaud the tactics employed in Reddit, though BF prohibits posting unrelated to the sale material on a thread. It seems that that the phenomenon has been more sporadic than it used to be, due to the -let's be honest

I understand that every person is different, and in most cases there are as many opinions as there are people, so i can't change someone's indifferent -at least- attitude, but i can choose not to buy from them, and drive this attitude away from the Forum. Unfortunately, it's a numbers game, and a united front is required for this to take place.
Christos.