Vintage Price updates


One of the intentionally aged teas, Pu-Erh has a loyal following.

Vintage Price updates

Postby TIM » Jan 16th, '09, 11:56

Thank you teamaster: http://teamasters.blogspot.com/2009/01/old-puerh-auction.html At least we have some idea now.....?
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Postby hop_goblin » Jan 16th, '09, 13:37

Suckers! :lol:



ok ok, I am just jealous :cry:
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Postby chrl42 » Jan 16th, '09, 17:23

Communism is based on equality.

Average income for college graduate in China, roughly about 3000rmb a month (450 usd)

HOW?
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Postby tony shlongini » Jan 16th, '09, 17:51

chrl42 wrote:Communism is based on equality.


You don't really believe that for a second, do you?
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Postby PolyhymnianMuse » Jan 16th, '09, 19:13

tony shlongini wrote:
chrl42 wrote:Communism is based on equality.


You don't really believe that for a second, do you?


Communism, in terms of "equality", really only works as an idea, and when actually put into practice... well, I'm sure we all know what happens :roll:

I love how Stephane explains that one tea sold for 3 times its weight in gold. That just does to show you how crazy some of us pu heads are!
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Postby edkrueger » Jan 17th, '09, 16:04

PolyhymnianMuse wrote:Communism, in terms of "equality", really only works as an idea

I hear its popular to say that "communism is good on paper, but bad in practice," but what does that really mean anything? If I designed a machine that I think looks good on paper, but blows up in reality, I can go back to the design specs, find the problem, and discover that it isn't really good on paper either.
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Postby expatCanuck » Jan 18th, '09, 23:15

The assumptions underlying communism are, I suspect, about as valid as the assumptions underlying the 'free market'.

:?
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Postby MarshalN » Jan 19th, '09, 00:03

These auctions are rigged and are all a marketing scam... don't believe them.
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Postby puerhking » Jan 19th, '09, 01:01

No religious, philosophical, social or political system will ever be perfect as long as imperfect humans are participating in them.
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Postby nada » Jan 19th, '09, 03:20

MarshalN wrote:These auctions are rigged and are all a marketing scam... don't believe them.


Hi MarshalN,

I'm curious, how do you know this? I know someone who was flying to Beijing to participate in an auction recently (may have been this one, not sure). He had a tong of Song Pin and some Hong Yin that he was submitting for the auction. He didn't seem to think it was a marketing scam and was happy to sell his tea to the highest bidder.

I'm not saying that they're not a marketing scam, just curious as to the source of your information.

:)
n.
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Postby JAS-eTea Guy » Jan 27th, '09, 20:46

puerhking wrote:No religious, philosophical, social or political system will ever be perfect as long as imperfect humans are participating in them.


Words of wisdom from the Puerhking! Ah yes, the ever unpredictable human factor...
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Postby MarshalN » Jan 27th, '09, 21:57

Well connected friends in Beijing & other places

Not all auctions are scams, of course, but enough of them are. It's true not only for puerh but also watches and others. I am not saying that all the buyers and sellers are from the same group. What they are though is an organized group that drives up prices of the items at the auction, which serves the dual purpose of

1) raising prices on all the other antique teas they have
2) doing exactly what Stephane is doing -- telling newbies how great a deal it is to buy new tea now and store and then sell 50 years later for insane profits, never mind that the supply of new tea is exponentially larger than teas from 1950s.
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