Here's what's done so far. A new Virtual Humidor is open under the username "exchange" I've seeded it with some sticks I would like to trade. The link is below. There are also some instuctions/rules below.
What I would really like to know from y'all is
1. Would you consider participating?
2. Are the instructions/rules clear and simple to understand?
3. Are those valuations now in the VH reasonable according to the guidelines?
thanks for your input - loren
The Concept
Trade those cigars you won't get around to smoking, have overstocked, should never have bought (DevilSite), or just don't care for anymore - without the hassle of finding a trading partner and setting up a trade. Just send in your sticks to the exchange and get back sticks up the value of those you've sent in. Pay only actual postage.
http://www.cigargeeks.com/index.php?action=humidors;area=public;member=Exchange
The Logistics
1. Enter and Send your puts
Log in as CG user "Exchange". I'll give you the password when you're ready to ship. Enter your cigars in the "Exchange Inventory" virtual humidor
- For the "Date", use the date you are sending them to me[/li]
- For the "Price", use the Trade Credit Value (see "Rules" below)[/li]
- For "Notes", use your CG username[/li]
Package them up and send USPS with a delivery confirmation # to:
Loren Davis
12500 NW Jackson Quarry Rd
Hillsboro OR 97124
In the package, include a separate slip of paper with the following info:
CG username DogMan
Real Name Loren Davis
Email Address Like this: lorenbdavis@gmail.com
Shipping Address 12500 NW Jackson Quarry Rd
$ amount of credit for puts Hillsboro OR 97124
$54
2. Select your takes (Anytime after your puts have arrived)
Take cigars valued up to your total Trade Credit balance, i.e. what you've put in (any leftover can be used later)
Log in as CG user "Exchange"
- Go to the "Exchange Inventory" humidor[/li]
- For a cigar(s) you want, click "edit"[/li]
- In the dialogue box drop down menu "Move to Humidor", select "Takes"[/li]
- In the "Quantity to Move" field, enter the number you are taking (it auto-populates with the max)[/li]
- In the" Notes" field, add your username and the date after the put name, like "DogMan - BigTA 3/3/13"[/li]
- Send me an email with a list of what you took and the total . I'll send them to you USPS w/DC#.[/li]
- You will promptly reimburse me for actual postage, preferably via PayPal, but any old way is fine.[/li]
The Rules
1. Valuation
The Trade Credit Value for each cigar is the amount you enter in the price field of your puts. You then are entitled to takes up to the aggregate value of your puts. Obviously, one could abuse this exchange by overvaluing his puts. So, the rules are:
- Value your puts at the LOWER of:[/li]
- What you paid for it, or[/li]
- The
lowest price it is commonly currently available for[/li] [/list] [/list]
- Valuation needs to pass the smell test. If another player isn't likely to look and say "Well, I wasn't sure if I wanted to try that, but at that price, I'll go ahead", then it's too high.[/li]
- Use increments of $.50, and if in doubt, round down.[/li]
- Gurkhas and Thompson Exclusives have a max value $1[/li]
2. Reimbursement
You will promptly reimburse me for actual postage costs, or, in lieu of that, send a strip-o-gram to Rich at his place of work
The Suggestions
- Fair, even generous, valuation is essential to this working. If you just can't bear to part with that Gurkha Super Special Underwater Anti-Terrorism Ordinance Disposal Special Limited Edition for less than $6, then don't, but don't send it in.[/li]
- Share the good stuff - if there are 10 of popular smoke in inventory, just take 5[/li]
- No need to use all your credit at one time, or send all your puts at once either[/li]
The Accounting
I will keep a simple spreadsheet of users, deposits, withdrawal, and balance. I'll try to get it posted so anyone can access it at anytime.
