TOPIC: Forming Guild of Token Traders

archmage78 wrote: I think what a price guide represents is just information to the people who don't understand what they have. People just don't get what the ingredients are for. It wouldn't be right to take an ingredient for 100 gold if the person selling doesn't understand that if they started buying a few tokens they could get enough to trade in for their own trade items. I understand that the vast majority of these new players will never get enough tokens to turn in for an item, it is just that to be a truly open and fair trade area we should make sure the people understand what they have.

I've long been advocating posting a price guide in the token trading area, so new players have an idea of the value of tokens. I could see having the price guide list a range, like saying current year ingredients are worth $6 - $15 or something like that.

So the guide would explain what ingredients are used for and what kinds of tokens you can build with them. That way a player can decide if going for the larger trade item is worth it for them or if they just don't care. If they don't care and they trade away the ingredient for less than "what it's worth", I don't think you'll find them complaining especially if they got a better weapon or armor out of the deal.

We used to have a price guide. Eventually it became too hard to keep it updated. I think that's what you'll find here. Let the free market decide the prices and let that fluctuate from moment to moment. Let the individual trade determine the value, but explain to new players as much as you can as to the usefulness and rarity of their tokens so they can make an informed decision.

jtillots wrote: So the guide would explain what ingredients are used for and what kinds of tokens you can build with them. That way a player can decide if going for the larger trade item is worth it for them or if they just don't care. If they don't care and they trade away the ingredient for less than "what it's worth", I don't think you'll find them complaining especially if they got a better weapon or armor out of the deal.

We used to have a price guide. Eventually it became too hard to keep it updated. I think that's what you'll find here. Let the free market decide the prices and let that fluctuate from moment to moment. Let the individual trade determine the value, but explain to new players as much as you can as to the usefulness and rarity of their tokens so they can make an informed decision.

Very well put. It's hard to set a price on anything whose value is based only on the opinion of the person trading for it. How much is an old wooden common worth to the average player...nothing...How much is it worth to a collector who needs that one to finish a set...a lot more than nothing. As long as both players are aware of the uses/rarity/collectability of the tokens in question then they are going to come to a deal that they both feel happy about. I have traded away tokens that were "worth" a lot more than I traded them for, but I didn't need them, I would rather have the gold, and I didn't want to carry them anymore. Do I feel bad about the trade...um...no got what I wanted and the other person got a good deal.
Jennifer

jtillots wrote: So the guide would explain what ingredients are used for and what kinds of tokens you can build with them. That way a player can decide if going for the larger trade item is worth it for them or if they just don't care. If they don't care and they trade away the ingredient for less than "what it's worth", I don't think you'll find them complaining especially if they got a better weapon or armor out of the deal.

We used to have a price guide. Eventually it became too hard to keep it updated. I think that's what you'll find here. Let the free market decide the prices and let that fluctuate from moment to moment. Let the individual trade determine the value, but explain to new players as much as you can as to the usefulness and rarity of their tokens so they can make an informed decision.

Ah, but how many token dealers were telling new players that Ingredient Tokens often sell for $10 or more before the trade? When my nephews did their token pulls this year, someone immediately popped up next to them at the Treasure Boxes trying to trade for their Ingredient Tokens (which really annoyed me, there should be a "safe zone" around the token pull area), and he didn't go into any details on what they were worth. That is why I would like a price guide posted in the token trading area. If next year there is a lot more room, and there is actually an area set aside for trading, a large poster of the values could be posted at the entrance and maybe throughout the area.

I don't think the price guide would list every token, perhaps it would just say something like "average Rare Weapon/Armor $1-$3", and then list the tokens that are worth an extra high amount (Potion Death's Door, Healing Potions, Belt of Ogre Might, etc). Perhaps it would only cover the current year's tokens, since that is what most new players will have. It certainly should cover the Ingredient Tokens though.

Why is everyone using dollars in their examples when we've been forbid from buying and selling in dollars? Shouldn't we be quoting in GP? And the issue of need comes into play. One who needs a token is going to offer more than one who doesn't. I don't want to have a huge sign witb prices posted that I have to abide when I would offer less as I don't need it.

JP

JP wrote: Why is everyone using dollars in their examples when we've been forbid from buying and selling in dollars? Shouldn't we be quoting in GP?

I agree . To keep things in the realm of "trading" and not "buying and selling" it's good to use GP rather than $ as the currency.


The more I read about Price Gides, the more I am leaning to what Mike and others have suggested... a Guide with price ranges, which doesn't list every token, but gives general info and a few notes on specific tokens.

Raven wrote:

JP wrote: Why is everyone using dollars in their examples when we've been forbid from buying and selling in dollars? Shouldn't we be quoting in GP?

I agree . To keep things in the realm of "trading" and not "buying and selling" it's good to use GP rather than $ as the currency.


The more I read about Price Gides, the more I am leaning to what Mike and others have suggested... a Guide with price ranges, which doesn't list every token, but gives general info and a few notes on specific tokens.

I agree to this as well. Trading tokens is just that, trades. Whether it be gold valued tokens or otherwise, this is what trading means.

Since the goal of the price guide is aimed at GenCon, gold does seem to be a better unit to measure prices in.

It is funny that some items like +8 AC plate mail have had a fairly constant price in terms of gold for many years, while the gold to dollar ratio has changed.

I agree ranges seem more useful to me than a specific price.

Raven wrote:

JP wrote: Why is everyone using dollars in their examples when we've been forbid from buying and selling in dollars? Shouldn't we be quoting in GP?

I agree . To keep things in the realm of "trading" and not "buying and selling" it's good to use GP rather than $ as the currency.


The more I read about Price Gides, the more I am leaning to what Mike and others have suggested... a Guide with price ranges, which doesn't list every token, but gives general info and a few notes on specific tokens.

Raven, I agree completely. I was using $ values for simplicity, but I agree that the price guide should list values in GP.

Should it even list a $ to GP conversion number, or ignore that completely?

Mike Steele wrote:

Raven wrote:

JP wrote: Why is everyone using dollars in their examples when we've been forbid from buying and selling in dollars? Shouldn't we be quoting in GP?

I agree . To keep things in the realm of "trading" and not "buying and selling" it's good to use GP rather than $ as the currency.


The more I read about Price Gides, the more I am leaning to what Mike and others have suggested... a Guide with price ranges, which doesn't list every token, but gives general info and a few notes on specific tokens.

Raven, I agree completely. I was using $ values for simplicity, but I agree that the price guide should list values in GP.

Should it even list a $ to GP conversion number, or ignore that completely?

My opinion would be to ignore that completely. The information should be available, somewhere..perhaps even here on the site (Or in a potential traders subforum), but to put it on the price list, in my opinion, still puts the $ there, and creates the potential issues that are a worry point in this thread.

Unless I'm misreading.

I agree with the last several posts - the price guide, being aimed for GenCon and newer players should list GP (gold piece) values and should not have any mention of dollar to gold piece ratios.

I believe a wide range covering the general commonality would be good, and the fact that exceptions are expected. We should also note, that the market is limited in quantity and prices can fluctuate dramatically depending on stock levels and need for the current years Con.

Last, if we are working as a guild, we should encourage the players to discuss their potential trade with several traders to get comfortable with the value of their tokens in current market conditions.

The only issue I have with a price guide is how quickly it can become irrelevant. Ring of the Deep is a great example.

Rafiq