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#1
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![]() I think it can be a legitimate term, when dealing with a slow growing piece, but it shouldn't trigger high prices. When I had slow growers I would classify them as LE, but would specify that it was because of their slow growth, I charged the same regardless, $10-20 per frag of about 1"-2".
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#2
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![]() Ok so as an example I have a Green milli. no one that I know has a green milli like mine it's really green. Do I have the right to say it's a LE green Milli. 50 people would likely say "I have a Green milli" what makes yours LE.
I guess I've sort of answer my own question. LE is in the eye of the buyer. J |
#3
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![]() "LE" means nothing to me as a buyer. In fact, if someone names it like that I might shy away because It feels like I'm being conned. If I like it, I'll pay more for it. This is true regardless what fancy name it has or whether it has LE in front or not.
I have one or two corals that seem to be exceptionally slow growers. If I have a frag of those, I would ask for a higher price because my investment in producing it was so much more. However...if that frag isn't particularly beautiful, I doubt I would achieve that price.
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400 gal reef. Established April, 2007. 3 Sequence Dart, RM12-4 skimmer, 2 x OM4Ways, Yellow Tang, Maroon Clown (pair), Blonde Naso Tang, Vlamingi Tang, Foxface Rabbit, Unicorn Tang, 2 Pakistani Butterflies and a few coral gobies My Tank: http://www.canreef.com/vbulletin/showthread.php?t=28436 |
#4
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![]() Agreed!
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#5
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![]() I knew this would come up sometime this year.. great topic for discussion.
Originally, corals are either LE for their slow growth or for their wild harvesting. Of course, they have to be in spectacular colour and shape to be considered in this category. People that aquire or move a lot of corals, would know which are more common and which aren't. Also, there are a number of people who come to shipment days to unpack these corals. These people usually get to know what comes in and can validate the LE stamp. Now, as Greg mentioned, the LE stamp is lost over time as these corals are distributed. Its unfortunate, but it is the case. I am fortunate to be in the hotspot of coral shipments in Canada, so I have a pretty good idea what comes in. I am also very careful when placing this LE tag on my corals, as I know people that abuse it. Last edited by Atomikk; 04-26-2008 at 01:05 AM. |
#6
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![]() Quote:
So who really has the right to Globally declare their piece an LE coral. Or I guess the better question is. Does LE really mean anything in an international or even national market J |
#7
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![]() I don't think LE really means anything really. I take it to mean that the seller thinks it's nice, that in his opinion it's a limited edition, and they're going to want more money for it
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#8
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![]() No worries.
I find it really funny how many stores in the GTA area get the same corals in a 3 week period. Just recently Tonga was a big hit. I found the same montiporas, acroporas, and mushrooms in 5 different stores within that period. What I am getting to is this (in regards to importation of corals from other regions in Canada), eventually most stores get the same types of species. Some might be different in coloration, but for the most part, they will be the same (in GTA or Vancouver, or Illinois). Those who are a part of these shipments, and can see what comes in, would eventually know what is rare or unusual. LE is another way of saying rare or unusual. You know the reef farmers had to start from somewhere. They too were/are a part of a lot of shipments that are coming into US. So they do have a grasp on what is rare in the hobby. And, just to be clear, LE is defining corals that are imported and not its rarity in the wild!! I am sure in the wild there is a vast number of its kind. OR, sometimes they are soo deep in the water, that is harder to harvest. Now there are those people who all they want is top dollar for their corals. Those are the people who wear out the LE stamp. The only thing that you can do, as a buyer, is go by reputation. Buy your LE corals from a reputable seller, and you will know that you are getting a true LE coral. Quote:
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#9
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![]() I've been following a few threads on rc about this one. I tend to think as a few on there do. "Rarity in the trade" turned into LE to justify a higher resale value for frags. Someone aquires a pice and wishes to re-coup expenses. Or there is a very colorful morph of a certain type and because no one has ever seen it before it gets dubbed limited. It's also big business in the states. And lets face it there are plenty of people who have the money for these types of things in this hobby. As long as people pay to have a nice things in their tanks there will always be a market. There are many people who don't think before they open their bank book. They just do. If it is rare in the trade fine, many super colorful peices are, but nature doesn't make limited editions. There are plenty more thy are just not available. LE implies a know traceable complete history, which will never ever happen with coral.
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I once had a Big tank...I now have two Huskies and a coyote |
#10
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![]() I wonder if in Europe or Asia they have names tagged behind a corals name,like Tyree or who-ever.last time I checked corals came from the ocean
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