On Fri, 12 Jan 2018 09:17:47 -0800 (PST), Jerry Friedman
Post by Jerry FriedmanPost by Tony CooperOn Fri, 12 Jan 2018 15:24:15 +1100, Peter Moylan
...
Post by Tony CooperPost by Peter MoylanPost by Tony CooperIt turns out - as one might expect - that Google reveals all. The
Super Bowl coin goes to the Football Hall of Fame after the game.
Highland Mint in Melbourne, FL. They will make about 100,000 replicas
of the actual coin and sell them for $99.95 each, and about 50 other
items using the coin's design. The NFL licenses the privilege and
receives part of the proceeds.
I can see how some football fans would pay good money for the actual
coin used in some famous game, but why would anyone want a replica?
I don't think the question of "Why would they want it?" has any
bearing on it.
Has any bearing on what? It has a lot of bearing on the strange desires
of sports fans.
My comment applies buyers of any non-necessary product and not just
sports fans. The people who purchase an Elvis-on-velvet hanging, a
Franklin Mint tchotchke, or a Harry and Meghan tea towel when it comes
out are doing so for just as strange desires.
The seller doesn't care if your motive is to build a collection, buy
for a resale profit, or to give it as a gift. The seller is just
concerned with whether or not the product will sell.
Post by Jerry FriedmanPost by Tony CooperIf the question is "Will they pay good money for it",
and the answer is "Yes", then whoever fills that need makes good
money.
...
But "Will they pay good money for it?" wasn't the question.
I'm suggesting that is the *better* question; the more important
question. It's the question that the maker of the "pet rocks" asked,
and he made out all right. I doubt if he considered what the motives
of the potential buyers would be.
Post by Jerry FriedmanNeither
was "Is it good business to make it and sell it for 100 bucks?"
That is the part of the question of "Will they pay good money for
it?".
Every convenience store I walk into lately has a display of those
fidget spinners on the counter. The salesman who sold that box of
fidget spinners to the store didn't go into the motives of the people
who are buying them. All he had to say was "These are selling like
hotcakes!".
--
Tony Cooper - Orlando, Florida