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- Feb 19, 2007
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I totally agree with much of what you are posting. I do question the supply and demand issue. We have been told that there s a shortage, and perhaps there is with upper end high priced designer corals, Walt Disney or whatever. But is this an artificial supply issue? Is a Walt Disney acro that is being sold for $X that much harder to grow than an acro for $40-$50? I don't know. If it is, then perhaps the price is justified. But if it a situation where you are paying Ferrari prices for a Ford because the vendors control the market, then people should rethink things. The reef guy says he buys upper-end corals and I don't doubt him. But I am guessing he is an outlier. I am guessing, (and it is only that, a guess), that the average collector/hobbyist probably DOES NOT buy upper-end corals.
This is NOT a transparent industry. As far as I can tell there are no publicly traded coral vendors that have to file disclosures. So who knows what the economics are? We know what we are told by vendors, but is that accurate? Do we even know that vendors DON'T collude to control prices and inventory?
Yeah, there are some shady vendors out there. Yes, I can assure you there has been some collusion. Anywhere there is money to be made this will happen.However, there are very rare corals in this hobby and supply and demand has very clearly dictated corals prices for years. When Tyree was growing out corals via reef farmers some of those corals were truly hard to come by. I've spent countless hours in wholesalers, and getting the good stuff is hard work and requires a tremendous amount of diligence and almost a sniper's mentality. I'm sure it's gotten far worse...
You keep making this Ferrari analogy that does nothing but make your point look less valid. Your mentality that an acro is an acro is no different from saying a car is a car. There are special corals that come into the industry and have high demand and are not affordable for most because the demand is far outpacing supply. Not a whole lot different from any number of other collectible things like a hot pair of collectible shoes or sports card. Something like Oregon Tort comes to mind as well, it's like a classic car that maintains it's value. Hell, it should probably even go up in value with how slow the thing grows. Pink Panther is another good example... If that coral were prettier people would be paying obscene amounts of money for it, as it is it's just very difficult to find even for well over $100. Then there are very pretty corals that are pretty common (Strawberry Shortcake is a good example), and there are corals that have a lot of hype that often don't stand the test of time and never really catch on. I've seen many thousands of corals, and there are several corals that have becomes staples in the hobby that I've still never seen a comparable wild colony of.
Walt Disney is now and will continue to be subjected to the rules of supply and demand. It and similar A. tenuis corals are a fading fad. Supply seems to be outpacing demand and no vendor is going to be able to keep that price artificially inflated. There are also much prettier A. tenuis IMO, which is . It's not selling for high prices like it used to, it grows fast, and they will be widely available for under $100 very soon as a result. This will be a $40-$50 frag before too long. Take a look at some preciously very expensive coral prices...
Red Dragon 2010ish was $250 and very difficult to come by. By 2013 it had dipped below $100 a frag and was fairly attainable since it was a fast grower and had been spread around in the hobby. Now you can get it for $15-$40 no problem and seemingly depending on how many people have had their colonies RTN. It still grows fast, it still likes to RTN, and it's still unlike any wild colony I've seen imported. It's pretty cool that you can get such a great coral for $20. I've seen thousands of wild colonies come through wholesalers and there are frags in the hobby that are truly rare (or at least not typically collected) corals that have become commonplace within the hobby. That's pretty amazing and is thanks to all of the hobbyists and businesses growing them out and it being such a universally liked and fast growing coral. You however seem to want to pretend that an acro is acro is an acro... It simply isn't the case!
I think you should be the one explaining to us why you would rather deplete a natural resource than purchase something captive grown and sustainable and grow your own colony...
