Re: Mondotees/Alamo Poster News & Rumors thread
Posted: Thu Mar 28, 2013 1:53 pm
Seriously... what are they thinking?!TKuczynski wrote:lulz at some of those trade offerssidewaysscott wrote:bunch of dipshits.
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Seriously... what are they thinking?!TKuczynski wrote:lulz at some of those trade offerssidewaysscott wrote:bunch of dipshits.
This without considering that the print has to make its way to the new owner in excellent condition. A lot of risk involved IMO and not as simple as the 4 minute investmentImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.
Its about an hour of work.bkboy77 wrote:This without considering that the print has to make its way to the new owner in excellent condition. A lot of risk involved IMO and not as simple as the 4 minute investmentImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.
I've sold items online for a few years, including prints, and I only have come across one item ever being damaged in transit (which was a video game, the case was cracked). It realistically takes about 30 minutes to get a poster. Most people have a pretty good idea about when Mondo is going to drop prints and they really start paying attention then, so 30 minutes plus maybe 10 more for ebay and shipping. Even if people are only making $40, that's $1 a minute to spend some time on the internet. That's for flippers who don't want to wait it out until the market goes back up, which it does for about 90% of "popular" artist prints.bkboy77 wrote:This without considering that the print has to make its way to the new owner in excellent condition. A lot of risk involved IMO and not as simple as the 4 minute investmentImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.
I don't think there's too much risk involved here. When's the last time you received a print from Mondo in bad condition? Unless you take it out of the tube and drymount around with it, if you're straight flipping the thing there's no more risk than buying it from Mondo to hang on your wall.bkboy77 wrote:This without considering that the print has to make its way to the new owner in excellent condition. A lot of risk involved IMO and not as simple as the 4 minute investmentImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.
Is that why you're trying to sell it?questkid32 wrote:What's the deal with the Kelly? Not much talk on here about it, but is it really a run of 75 only? Were they not available at the show? How did a run of 75 not sell out? It's really quite a nice piece.
That's exactly why I'm selling it. I wouldn't buy something that's not nice to sell.BetterCallSaul wrote:Is that why you're trying to sell it?questkid32 wrote:What's the deal with the Kelly? Not much talk on here about it, but is it really a run of 75 only? Were they not available at the show? How did a run of 75 not sell out? It's really quite a nice piece.
Not a lot of risk. Worst case scenario is that the poster gets destroyed and Mondo refunds if they don't have a replacement. You refund to the seller and get your fees back so you're out nothing.questkid32 wrote:I don't think there's too much risk involved here. When's the last time you received a print from Mondo in bad condition? Unless you take it out of the tube and drymount around with it, if you're straight flipping the thing there's no more risk than buying it from Mondo to hang on your wall.bkboy77 wrote:This without considering that the print has to make its way to the new owner in excellent condition. A lot of risk involved IMO and not as simple as the 4 minute investmentImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.
We basically do. I've never had to utilize it, but I'm pretty sure that Mondo specifically holds back a few in the event that they arrive in damaged condition. Correct me if I'm wrong as, again, I've never had to do it before, but I'm pretty sure you simply let them know and provide proof of the damage to the print and they send you a replacement.bkboy77 wrote:I am glad you guys have a guaranteed to arrive in mint condition from USPS.
I'm glad too. I got a certificate, gold plated and everything. It's a real marvel to look at.bkboy77 wrote:I am glad you guys have a guaranteed to arrive in mint condition from USPS.
Oldboy777 wrote:would be EPIC.
I don't know everyone's financial and/or job situation, but from my situation, the sheer headache of a drop, whether you want it or not, isn't worth the usually mild profit you'll make, even if you flip and make $100.ImAMonster wrote:I don't understand the condescending attitude to somebody on ebay making $40 off of a print. I'm not arguing that it's good for collectors, since they are taking away from somebody who wanted it to hang at cost, (which sucks) but more that you scoff at them making a $40 profit. It basically boils down that by investing a $100, they're making back $40. A 40% ROI is nothing to scoff at. Good luck getting a rate like that letting the money sit in your savings account. Now I'm not arguing that flipping is a good thing (I bought mine to frame for the record), but for something like this, Celsius is right: it takes little to no effort to make a 40% profit. Not too shabby for about 4 min of work.