FE Prime Figs, Seems Supply is High, Demand is Low. Why Still Priced High?

Discussion in 'Transformers Toy Discussion' started by cbff, Mar 1, 2012.

  1. cbff

    cbff Destroyer of Botcon

    Joined:
    Apr 12, 2005
    Posts:
    3,737
    News Credits:
    21
    Trophy Points:
    222
    Location:
    Marshfield, WI
    Likes:
    +99
    Facebook:
    Seems like the rush to buy the First Edition figures has pretty much died down. Those that REALLY wanted them paid the higher prices, those that could live without moved on.

    I'm curious then, with the demand lowered, and so many on Ebay right now, why isn't the price dropping at all? I could understand if there were only a handful online available, but on Bulkhead alone, there's about 50.

    Do people just insist on getting the higher price and are content to just sit on the item, even if it never sells?
     
  2. SouthtownKid

    SouthtownKid Headmaster

    Joined:
    Sep 22, 2011
    Posts:
    19,154
    News Credits:
    1
    Trophy Points:
    297
    Likes:
    +3,127
    I think you have that backwards. I haven't seen demand get any lower and we have seen supply continue to shrink.
     
  3. Reaper Cloud

    Reaper Cloud Dark Wrecker

    Joined:
    Feb 13, 2012
    Posts:
    974
    News Credits:
    3
    Trophy Points:
    112
    Likes:
    +4
    Well, on Ebay...they can just re-list the item until Hell freezes over, or it sells. At least that's how I remember it being like. Have the rules changed?

    My guess is that the prices might go down, but in all honesty...the people selling these will actually raise the prices since they are "Rare, and hard to find."

    The only way that the prices will drop (U.S. sellers) is if more and more sellers from the Orient put cheaper auctions up. They have the supply there, so if they are the cheapest (even with shipping), then they will get the buyers. Once this becomes popular, then maybe some U.S. sellers will try and match their prices.

    I was going to buy a few FE's from the Orient, but the time to wait was long (about a month), and I was clueless about any Custom's charges that might apply.
     
  4. Autobot Burnout

    Autobot Burnout Hammer of the Gunplas

    Joined:
    Sep 18, 2008
    Posts:
    28,648
    Trophy Points:
    357
    Location:
    Moxxi's Bar
    Likes:
    +2,418
    *looks at link*

    You do realize that those prices are pretty high, and that they're auctions with at least 3 or more people having already placed bids? People are still paying top dollar for those things.

    Makes me glad I snagged a FE Cliffy for a good $40.
     
  5. Waverider

    Waverider Supreme Dude TFW2005 Supporter

    Joined:
    Jan 10, 2009
    Posts:
    8,435
    News Credits:
    8
    Trophy Points:
    257
    Location:
    GTMO
    Likes:
    +167
    Ebay:
    Twitter:
    Google+:
    Like SouthtownKid said, "I think you have that backwards.". The link you provided have 2 deluxe figures and a voyager that is only released a few months going for over $200.
     
  6. cbff

    cbff Destroyer of Botcon

    Joined:
    Apr 12, 2005
    Posts:
    3,737
    News Credits:
    21
    Trophy Points:
    222
    Location:
    Marshfield, WI
    Likes:
    +99
    Facebook:
    Perhaps I'm mistaken then on the demand. I think the market shows that none of the potential buyers in the market want to buy Bulkhead for more than $100. Yet that's where the majority of the Auctions and BINs are sitting at.

    The most active auctions are all under $100, but close. So if you're trying to unload your items, wouldn't it make sense to lower it below the $100 threshold, even if it's only to $95?

    Am I overthinking economics on this one?
     
  7. Waverider

    Waverider Supreme Dude TFW2005 Supporter

    Joined:
    Jan 10, 2009
    Posts:
    8,435
    News Credits:
    8
    Trophy Points:
    257
    Location:
    GTMO
    Likes:
    +167
    Ebay:
    Twitter:
    Google+:
    Those people with a high BiN are probbly professional re-sellers. They're willing to sit on an item for a long period of time. Once quantities die down, that's when the late comers and desperate bites.
     
  8. 03Mach1

    03Mach1 Reason Has No Voice

    Joined:
    Dec 9, 2002
    Posts:
    15,708
    News Credits:
    5
    Trophy Points:
    337
    Likes:
    +555
    Ebay:
    All I know is I still need an FE Prime. Takara or Hasbro.
     
  9. The621

    The621 Fuck you, that's why!

    Joined:
    Feb 4, 2006
    Posts:
    4,984
    News Credits:
    1
    Trophy Points:
    202
    Likes:
    +6
    Supply and demand, my friend...
     
  10. Wheeljack_Prime

    Wheeljack_Prime Don't eat me

    Joined:
    Sep 2, 2008
    Posts:
    11,766
    News Credits:
    3
    Trophy Points:
    277
    Likes:
    +416
    Supply high? Demand low?





    Ha. Ha ha. Ha ha ha...
     
  11. soundwaverulls

    soundwaverulls Well-Known Member

    Joined:
    Dec 10, 2010
    Posts:
    9,980
    Trophy Points:
    247
    Likes:
    +1,360
    That really creeped me out as I looked at you're sig. Man, that stunt double is scary.
     
  12. SPLIT LIP

    SPLIT LIP AKA Beve Stuscemi

    Joined:
    Oct 22, 2005
    Posts:
    71,509
    News Credits:
    3
    Trophy Points:
    412
    Location:
    agile house
    Likes:
    +8,972
    I was gonna say. Maybe the craze has died down a bit, (or become less vocal) but there's certainly not enough to go around.
     
  13. TrueNomadSkies

    TrueNomadSkies Airachnid's ratservant

    Joined:
    Apr 9, 2011
    Posts:
    15,861
    News Credits:
    1
    Trophy Points:
    226
    Likes:
    +12
    Well to be honest, I don't think the demand has gone down at all, but rather that there's a little more supply because people who have access to this shit actually know they can move it. For example, I remember some of the Prime figures being out just after Christmas & getting some pretty good deals. However, the majority of stuff was still sitting there at 40% off (well, except the only two Bulkheads that sold in like 2 days), and I'm willing to be that just like me, most people didn't think to buy shitloads because they figured they demand would go down shortly after... especially since there was a good amount of talk about how the line (which at the time only had FE figures) in general sucked ass compare to Animated & Generations.


    ... fast forward a little while when the stuff gets cancelled & replaced with a lesser line, and everyone not only wants the FE stuff all of a sudden, but is willing to pay the generous market value for it. If I'd known then what I know now I'd have bought out everything in my TRU when it was actually cheaper than regular price (save the Bumbleebes), but since time travel isn't an option, I can't. However, people who live in bigger cities where the supply actually still exists can do it relatively easily, and even if they don't make a lot of money per figure (since the Canadian postal system works hard to make that impossible), they can still do alright with a lot of volume in this market, which is what I've seen happening.
     
  14. Backpack

    Backpack G1 forever.

    Joined:
    Jul 4, 2002
    Posts:
    3,161
    Trophy Points:
    262
    Likes:
    +43
    I noticed activity and prices droped the week Hasbro said they were going to try to release the FE figs later this year. But, then it went right back up.

    Actual auctions are still going pretty high, near or even sometimes above BIN prices.

    For me the hardest one to nail down was the Takara Optimus. :( 

    I hate to admit it, but I've really been on edge the last 5 weeks because of the FE line. Paying crazy prices on my limited budget, it's like having the same buying power I had in '84.
     
  15. Batman

    Batman The Dark Knight TFW2005 Supporter

    Joined:
    Dec 20, 2006
    Posts:
    11,669
    News Credits:
    11
    Trophy Points:
    307
    Likes:
    +66
    Ebay:
    Bulkhead is still selling between 70 and 95 and there is a current auction for Takara BH, CJ and the Vehicon and the price is like $220 something right now.

    Honestly they have nowhere to go but up, especially the Voyagers and Vehicon.
     
  16. hotspot_2001

    hotspot_2001 Well-Known Member

    Joined:
    Apr 11, 2008
    Posts:
    495
    News Credits:
    1
    Trophy Points:
    81
    Likes:
    +1
    Ebay:
    For me, this is because I don't believe it is actually going to happen. Seemed more like just trying to calm the storm of complaints they were getting and buy time until more good stuff comes out and distracts us.

    Even if they do get the stuff released it will probably be as a store exclusive, most likely TRU and thus be ridiculously priced anyways, and even then most likely only the deluxes. That's why I went ahead and bought the voyagers at least. If the deluxes come out later great, if not oh well.
     
  17. Leather Elbows

    Leather Elbows Dooper

    Joined:
    Jan 26, 2012
    Posts:
    882
    News Credits:
    4
    Trophy Points:
    101
    Likes:
    +4
    Demands not high? Trust me we ALL want these figures
     
  18. MegaHavok

    MegaHavok Well-Known Member

    Joined:
    Jul 12, 2002
    Posts:
    4,506
    News Credits:
    18
    Trophy Points:
    186
    Likes:
    +18
    I got all of these figures for retail or regular import prices
    Sadly to save money I had to go with the less popular versions of bulkhead( takara) and prime (Canadian). I have no hope for the vehicons. I'm not wiling to pay the markup up on the currently and since I want to troopbuild I'll stick to u.s. version or maybe even arms micron version
     
  19. cbff

    cbff Destroyer of Botcon

    Joined:
    Apr 12, 2005
    Posts:
    3,737
    News Credits:
    21
    Trophy Points:
    222
    Location:
    Marshfield, WI
    Likes:
    +99
    Facebook:
    I think some are missing the point I was trying to make.

    There is demand, but the demand isn't high enough to match the price that the current supply is being offered at.

    As I said, many of the auctions are in the $70-$80 range, which seems to be where the current demand of the market is willing to pay. Compared to the majority of the current supply being offered at over $100. If the market demand were over $100, all the Buy It Nows would be gone, for example.

    I'm just wondering why, economically, the supply side doesn't try to match up better with the demand side. If the auctions for under $100 disappear, will the demand side have to move up to the over $100 supply side?

    Mind you, I'm not exactly mad or frustrated about the prices or the fact that Americans have to import these. I'm just kind of taking a step back and looking at the market for what it is.
     
  20. UltimusPrime

    UltimusPrime Banned

    Joined:
    Mar 11, 2011
    Posts:
    3,717
    News Credits:
    21
    Trophy Points:
    151
    Likes:
    +21
    The demand is high.

    I have sold out of all FE Deluxe figures and I had a TON of cases.

    I have a limited supply of Takara Bulkhead and Hasbro Optimus Prime and Bulkhead left in stock.
     

Share This Page