Greetings all.
I have a question regarding the term "Market Price". Now I understand the principle of what the market will bear but, I wonder how these prices are determined.
Do all of the breeders of a particularlly rare morph or breed get together and decide what they will charge? That sounds like price fixing.
Does that same group wait for the person that they know will, "come out of the chute" first with a high price that they can undershoot slightly?
Do they take last year's quantity available and do some calculating on who has their offspring and how long it will take those purchasers to reproduce the same snakes thus, theoretically, driving down the price if only by a fraction?
Or, do they just flip a coin?
Let me say I am not a conspiracy nut. I am a herp nut. Or just a nut.
I really would like to hear from people that make these kinds of calls.
Lastly, let me say that I blame nobody for the prices of rare morph or species. ((We can blame the Govt. Regulators and Foreign laws and C.I.T.E.S. for that)) If I had to wait 7 years to prove a new morph I would want not only all of your money but you undying allegiance (just kidding)....(about the allegiance part only)
I say they deserve every penny but, let me know what the system is so I can sell off a few snakes or sell of the farm in order to purchase that glow-in-the-dark snake that tucks the kids into bed at night.
Thanks,
Mike

