My Miami price crash

macawmagic · Dec 14, 2009

Sikryd said:
The guys spending the $ right now, for the most part, have the play money to pick stuff up like this.
Its kind of hard to argue that it isn't worth the $ if you look at it from a collectors point.
It has been aquacultured for a year plus some, its color is argueably one of the best as far as the watermelons are concerned, its unique, and not a lot of people have it.

Its wayyyyyy out of my price range. But I'll end up with a piece one day I'm sure.

If you can afford this piece, you can afford to loose it.

I guarantee there are others like it or better in the ocean, but they aren't in our tanks now, haven't been aquacultured, ect. ect. ect.

Couldn't agree any more!!!

thomasdo87 · Dec 14, 2009

lol so i guess Tyree, Tubs, and every other LE is out to make money. imo thank them and appreciate what they have brought into the hobby. as everyone says its always its truly the customer that determines the price. chalices just aren't my thing but the My Miami is sweet, can't wait till i can get one if the price is decreasing!

Sikryd · Dec 14, 2009

If I added up all the CRAP I bought that was wild, that ended up dying, browning out, receding, ect. - I would have 3x the money needed to buy the My Miami

Just saying.....

acanman · Dec 14, 2009

lol... you saying just cause its aquacultured it makes it that much better than the wild brought corals.. you know it once was in the wild..

fiction · Dec 14, 2009

fastandsneaky said:
lol so i guess Tyree, Tubs, and every other LE is out to make money. imo thank them and appreciate what they have brought into the hobby. as everyone says its always its truly the customer that determines the price. chalices just aren't my thing but the My Miami is sweet, can't wait till i can get one if the price is decreasing!

He started the bidding at $1200.

uchin · Dec 14, 2009

If I had have 1500.00 I will drop it quick.

fiction · Dec 14, 2009

Sikryd said:
+1 - The My Miami is only 1 of a couple thousand corals he has.

Most people have seen some nice stores, collections, as have I. Everytime I go to his house it just blows me away. He has 10x's nicer stuff than I have seen ANYWHERE, and it is ALL aquacultured, QTed, and proven.

Its kind of hard to say he is only in it for the money when:

A: He doesn't have a retail outlet
B: He rarely sells online
C: If you knew him

He enjoys collecting and reefing to the FULLEST extent. The sales aspect came wayyyy later.

I understand, but in a way this is him selling out. He's cashing in and waving a middle finger at all of people who do not agree with the outrageous prices.

nayrgaijin · Dec 14, 2009

acanman said:
lol... you saying just cause its aquacultured it makes it that much better than the wild brought corals.. you know it once was in the wild..

What do you think is better having one colony grown from a few eyes then chopped up and resold or a chalice brought in from the wild then being chopped up and resold ?

nayrgaijin · Dec 14, 2009

fiction said:
I understand, but in a way this is him selling out. He's cashing in and waving a middle finger at all of people who do not agree with the outrageous prices.

Come on man keep it to yourself please.....
OR pm and complain to someone, let's keep this clean !

thomasdo87 · Dec 14, 2009

people still pay it do they not? even if he started it at 1200? the first one went for over 2k. i doubt there is anyone that would not sell something at prices like that if they had it. So your saying if someone offered you 1200 dollars you would turn it down?

wild caught takes extra care to get established into an aquarium. And not just a few months but years. Things can melt or die easily but the "aquaculture" items are livestock that are proven to thrive in an aquarium environment.

nayrgaijin · Dec 14, 2009

fastandsneaky said:
wild caught takes extra care to get established into an aquarium. And not just a few months but years. Things can melt or die easily but the "aquaculture" items are livestock that are proven to thrive in an aquarium environment.

+1
Thanks for pointing that out. I absolutely advocate aquacultured coral.

acanman · Dec 14, 2009

nayrgaijin said:
What do you think is better having one colony grown from a few eyes then chopped up and resold or a chalice brought in from the wild then being chopped up and resold ?

im not a fan of fragging the heck outta my corals to make large amounts of profit off it.. and only selling it once in a while for all you know it could be the size of a basketball by now. but he wouldnt let us know cause that would drive the price down. and have you not heard that the og went for 2k to a local close to him that owned a lfs. i think and many others do also that it was a scam to drive the price up

thomasdo87 · Dec 14, 2009

nayrgaijin said:
+1
Thanks for pointing that out. I absolutely advocate aquacultured coral.

and yes what we are doing is hurting the environment yadda yadda yadda, but it is nice to buy "aquacultured" species whether its corals, fish, or even live rock to lessen the impact on the reefs. paying a little bit more for LE or ORA or whatever is well worth it.

nayrgaijin · Dec 14, 2009

acanman said:
im not a fan of fragging the heck outta my corals to make large amounts of profit off it.. and only selling it once in a while for all you know it could be the size of a basketball by now. but he wouldnt let us know cause that would drive the price down. and have you not heard that the og went for 2k to a local close to him that owned a lfs. i think and many others do also that it was a scam to drive the price up

You did not answer my question.
I'm not totally against bringing in stuff from the wild, don't think im some tree hugger now haha, but it would be nice if it slowed down a little bit. It's crazy how much is being brought in. Without it we wouldn't have all these great new finds though. Such a love hate situation ! haha

acanman · Dec 14, 2009

i prefer aquaculture but wild is ok.. ive got many wild corals in my tank im sure.. and how do you know if the aquacultured coral for sale is what they say it is.. not saying the my miami isnt... most saltwater fish do fine in aquaria and most are not aquaculture

thomasdo87 · Dec 14, 2009

well thats why there is the ORA, Tyree, and whatever there is and everyone demands lineage. Yes wild caught is fine, but there is a line to be drawn. For example, like I just found out rhizos were illegal to import into the us, but still there are sites who sell them. if they were to sell that type of stuff who know what else? Im not justifying the prices or what not, but we as hobbyists go blame people like Steve Tyree, Jason Fox, ORA etc for being sell outs and doing this or the money. They worked hard to provide to us what might not have been possible.

Acrokeeper3729 · Dec 14, 2009

fiction said:
I understand, but in a way this is him selling out. He's cashing in and waving a middle finger at all of people who do not agree with the outrageous prices.

Sellouts? do you mean businessmen? Just like anything else in this world you need supply and demand. Even if they are in it to make money who cares? Some of us are hobbyists some are busines owners. Do car collectors think Ferrari and Lamborgini are sellout companies because they sell cars for $250,000 ? No, they are in it to make money, is that bad? some people sell houses, some sell cars, some sell corals. So what. This is sad. You dont like it stop complaining about it. Whine, whine, whine, if someone offered you 25,000 for your used civic you paid $2,000 for would you not take it?

Acrokeeper3729 · Dec 14, 2009

I for one apreciate a rare sick looking coral. If I cant afford it I still apreciate it. And just like anything else in this world its only worth what someone is willing to pay for it. You seek out a sick coral, like a treasure in the sea and you care for it and raise it into a sick piece and get $1000 for it good for you. I guess if you found gold in a mine you wouldn't sell it for the market price just because you found it, BS which by the way doesn't just happen you need to do a lot of buying to find a jem of a coral ike some of these.

Stray32 · Dec 14, 2009

It's the same thing that happens to EVERY piece of LE/High end coral. The value drops considerably within a year as the coral becomes more readily available. Purple Hornets are selling for less than half of what they went for originally.