QUESTION How do you value your pins?
I thought I was balancing a lot of variables! It sounds like it only gets more complex with richer collections and more experience!It depends. How much did I pay for it, did I get it on sale, what is the value on the secondary market, how long have I had this trader (have I had any nibbles on it recently), how difficult is it to replace (how old is it, has it been scrapped), is it part of a collection I am downsizing, is it a mystery pin for a set I am trying to complete, is it part of a series I am trying to complete, how tired am I of looking at this pin in my pinfolio/binder, how much do I like the pin I am looking at/being offered(considering le, value, and how easy is it to get/replace)?
There are probably more considerations but I can’t think of them right now.
I like the idea of skipping those tables or pins altogether.I don't have a good grasp on pricing for pins. I look at eBay, but it is only somewhat helpful, and lots of pins don't have much recent history. I do my best based on that and how much I want the pins. If a table has notes about matching value or lists costs or anything like that, I just skipped it. It's obviously important to them and my offers probably wouldn't meet their expectations.
I love this!#priceless
Oh, you meant traders? lol I thought you meant collection pins. NVM. 😀
Only slightly more seriously... do I like your pin more than I like my pin? That's the ultimate bottom line for me.🙂
Very interesting. May I ask how you evaluate what is an "overperformer" and what is a "regular"? It all still seems so random to this relative newbie.I usually separate my pins into two groups. "Overperformers" and "regular" pins. I don't have a lot of good pins so when I manage to get one I want to make sure I get fair value for it. Pin & Pop says I have over 500 traders, maybe 40 (oh, with Tiny Kingdom it may be more) of them would fall into this category. It can be a rare pin such as a WDI or D23 Expo / Destination D pins or it could be an mystery box pin of a popular character like Figment or Orange Bird, or a popular LE series like the Windows or Dining pins, this year. For these I primarily use Ebay values or LE size. My regular pins is more about my cost, and how much I like your pin. When I complete a mystery set, I want my extras to move on and help other people complete their sets too.
I also look at original price and edition size to see if a trade is comparable. I'm not practiced enough in evaluating the monetary value on the secondary market. And doing that takes away a little of the joy for me. I do try to get a sense of it for bigger trades, though.I think about how much I paid for it or if I can’t remember or just don’t know I use the google lens option to look for listings or more importantly sold amounts to help me. In the end I try and get close enough and have fun 🤩
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