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The Chip Board Archive 25

Nate - My take on the pricing of these chips !!
In Response To: Cost of New Issue Chips???? ()

If mark up is based on the cost of acquiring these chips % wise the $25 chips are a much better buy than the $1 and $5 chips.

SELLIND SCHEDULE

Sell a $1 chip for $3 = 200% mark-up
Sell a $5 chip for $8 = 60% mark-up
Sell a $25 chip for $30 = 25% mark-up

Take $25 and buy the following quantities of chips and re-sell them ALL.

Buy 25 - $1 chips and sell them ALL you make $50 ($2 per chip)

Buy 5 - $5 chips and sell them ALL you make $15 ($3 per chip)

Buy 1 - $25 chip and sell THE SINGLE CHIP you make $5 ($5 per chip)

It looks like to me that the $1 chip sellers are making out way better than the guy that ties up his money in a single $25 chip and sells it for a $5 profit.

If you sell 3 - $1 chips @ $3 each you make more profit than the guy who sells a single $25 @ $30 and you STILL have 22 more chips left for sale.

Just another way to look at it !!

Take care,
Jerry

Messages In This Thread

Cost of New Issue Chips????
Nate - My take on the pricing of these chips !!
No time like the present ~~~

Copyright 2022 David Spragg