prices

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Originally Posted by MisterKyte

The market is not in the best place at moment. Just this year I've seen a lot of $800-1000 plunge into the $500-700 range, it is absolutely ridiculous.

Got my Pastel %50 Hypo for only $100 excluding shipping.

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That's not really a market plunge tho. The issue is supply and demand. As supply goes up, demand goes down, dropping prices.

I do agree that some have considerably dropped recently tho. But all will drop eventually. Some day in the future, you will be able to buy a coral glow or banana for a grand or 2.

The market can only be controlled so much. Some of the larger breeders who own the majority of the expensive morphs can decide how many to sell (keeping numbers on the market low) and who to sell to. Eventually tho, the morphs will trickle out as they are bred by more people and sold or traded off in larger numbers. Then the price drops...

Mr~Python, I appreciate the negative rep because of the post I posted in this thread :rolleyes:

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Originally Posted by Zombie

That's not really a market plunge tho. The issue is supply and demand. As supply goes up, demand goes down, dropping prices.

I do agree that some have considerably dropped recently tho. But all will drop eventually. Some day in the future, you will be able to buy a coral glow or banana for a grand or 2.

The market can only be controlled so much. Some of the larger breeders who own the majority of the expensive morphs can decide how many to sell (keeping numbers on the market low) and who to sell to. Eventually tho, the morphs will trickle out as they are bred by more people and sold or traded off in larger numbers. Then the price drops...

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I know someone who is very hesitant to get into bananas for that exact reason, and he has a point. There are enough out there, getting bred to enough females, that once the gates open there are going to be a lot of them on the market and that price will drop from 25k, to 5k, to 1-2k. It seems that you just have to be in the position where you can breed to a ton of girls just to break even, which of course depresses that particular morph market further.

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Originally Posted by Badgemash

I know someone who is very hesitant to get into bananas for that exact reason, and he has a point. There are enough out there, getting bred to enough females, that once the gates open there are going to be a lot of them on the market and that price will drop from 25k, to 5k, to 1-2k. It seems that you just have to be in the position where you can breed to a ton of girls just to break even, which of course depresses that particular morph market further.

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This can be true! However, it can be wrong as well. Like Mike Willbanks said in one of his videos, if you purchase lets say a banana male when it's 25k. Chances are you will breed it that year and even if it dropped to 20k you still make your investment back on the first clutch (odds willing). But you won't breed it to one female either. You will breed it to around 5 girls (even more if you have a good feeder/breeder, or an ultrasound machine). That's a lot of return the first year. Lets say you got 5 clutches and got crappy odds and got 3 males and 2 females that first year. Even if it dropped to 10k each, you still made around double your initial investment. That's why males of the higher end stuff cost more than females, your investment returns much faster.

I had a friend that got a coral glow male when they were 25k, even tho the price came down, he hit the odds on his first clutch. Got 9 eggs and 6 were coral glows! 4 were male! Of course he got 6 more clutches from that same male and also hit crazy odds and really came out on top.

So while you can still return your investment on a $1000 purchase, it won't be as much as when that same snake was $25,000. You will make a lot more money in the end if you get it while its still commanding a large price.