TOPIC: Tokens in the recent newsletter

Anyone else salivating over the announcement in the recent TD newsletter?<br /><br />---QUOTE---<br /><br />On Thursday, Friday, and Saturday nights from 5:00-7:00om inside the True Tavern we will hold a token exchange.  This is your chance to turn in some old tokens you don’t want – in exchange for a free random upgrade of a 2007 token.  For instance, you can turn in 25 old Common tokens (any year), and you can draw a random Uncommon token from a box.  The exchange formula is as follows:<br /> <br />25 Common (Brown) = 1 Uncommon<br /> <br />10 Uncommon (or Rare pre-2007) (Dark Green) = 1 Rare<br /> <br />25 Rare (or Very Rare pre-2007) (Red) = 1 Ultra Rare<br /> <br />You are limited to 5 exchanges, and then you must go to the back of the line.  Each random pull will be from a random treasure box much like those inside the dungeon.  Only the core 140 tokens in the 2007 set will be available inside the boxes.  Limited to available supplies.<br /><br />---<br /><br />I know where I'm gonna be at 5pm Thursday!<br /><br />(EDITS to fix the color codes which were messing with the Forum text colors)

I hope this was not a mistake!  <br /><br />

Nothing that draws more attention is a mistake just maybe a new headache

Sounds like a gargantuan mistake to me. There are good reasons to keep the tiers seperate and this undermines it. Not to mention this also makes a give a token/take a token box a poor idea. Chances of wholesale looting just went up.

Hey...I was just kidding.  I think it should be fun, and a good way for some old woodies to be converted to chippies.  If people try to abuse it a bunch, then we will just limit it even more -- like 5 exchanges per badge.<br /><br />I hope people have fun with it, and don't get too carried away with it. 

I'll have to check with my SoCal friends not going to Indy and see if I can turn in their tokens for them!<br /><br />Brian<br />

I'm just glad that at least the exchange rate was set pretty high (though I'm not sure why it goes 25-10-25 rather than 25 across the board). The problem is that it's an abusable system. I guess it's one way to 'sink' unwanted tokens, but I can't help but think there were better ways to do that. If nothing else, I always sorta hoped that enough low level token glut would lead to people being more generous with them to newbies and the like, sorta like the token box. I'm not sure that last idea has panned out, but you never know. Now that everything has higher value, people will cling tighter.

<br />Sounds like a gargantuan mistake to me. There are good reasons to keep the tiers seperate and this undermines it. Not to mention this also makes a give a token/take a token box a poor idea. Chances of wholesale looting just went up.<br />

<br /><br /><br />I agree that there is a potential for abuse, but I do like the idea of getting excess tokens out of circulation.<br /><br /><br />Under the current guide price, the average token value is:<br />Common = $10.575<br />Uncommon = $34.725<br />Rare = $165.625<br />Ultra Rare = $1600<br /><br />With a 25:1, 10:1, 25:1 ratio, values shouldn't change all that much.<br /><br /><br /><br />Of course people are going to be trading in their lower-end stuff.<br /><br />But even if people trade in their Thunderstones and Scrolls, you'll still have about the same average Ultra-Rare price. 60 x 25 = 1500 for example. (Plus Thunderstone and Keen Edge may increase in value due to Combo ingredients). Etc.<br /><br /><br /><br />So I'm not all that enthused about the idea either, but neither do I think it's the end of the world.

<br />I agree that there is a potential for abuse, but I do like the idea of getting excess tokens out of circulation.<br /><br />Under the current guide price, the average token value is:<br />Common = $10.575<br />Uncommon = $34.725<br />Rare = $165.625<br />Ultra Rare = $1600<br /><br />With a 25:1, 10:1, 25:1 ratio, values shouldn't change all that much.<br /><br />Of course people are going to be trading in their lower-end stuff.<br /><br />But even if people trade in their Thunderstones and Scrolls, you'll still have about the same average Ultra-Rare price. 60 x 25 = 1500 for example. (Plus Thunderstone and Keen Edge may increase in value due to Combo ingredients). Etc.<br /><br />So I'm not all that enthused about the idea either, but neither do I think it's the end of the world.<br />

<br /><br />Right. People aren't going to trade in the "average" tokens.  They are going to trade in the lowest value at each of the rarity ranges.  And at the 25:1, 10:1, 25:1 ratios, the lower end token trade-ins are roughly equivalent in value to the average of the next highest rarity.  <br /><br />The net effect of this will be an increase in value for the Commons and probably the Uncommons and a decrease in value for the Ultra Rares and probably the Rares (depending on the trades into and out of the Rares).

<br />Right. People aren't going to trade in the "average" tokens.  They are going to trade in the lowest value at each of the rarity ranges.  And at the 25:1, 10:1, 25:1 ratios, the lower end token trade-ins are roughly equivalent in value to the average of the next highest rarity.  <br /><br />The net effect of this will be an increase in value for the Commons and probably the Uncommons and a decrease in value for the Ultra Rares and probably the Rares (depending on the trades into and out of the Rares).<br />

<br /><br /><br />So if the trades are consistant with the guide values, why would there be a change in the guide values? (Or are you also trying to factor in scarcity, which is correlated to but separate from trade value?).

And doesn't the fact that it is a RANDOM draw keep values kinda stable...???<br /><br />To me this is just a game of sorts...trade in X get something and don't ask Y.

I like it a lot.  It gives more people reasons to do trades, in particular common trades. Prior to hearing about this I wasn't even going to bother bringing most of my commons to gencon (too heavy), now I have a reason to bring them, and put them to use. <br /><br />Any action that gets the token economy moving makes me happy (I'm hoping the prop auction will be a hit too because I particularly like it when the economy is in "GP" not "token class" but I'll take what every I can get )<br /><br />

<br />The problem is that it's an abusable system.<br />

<br /><br />

<br />If people try to abuse it a bunch, then we will just limit it even more -- like 5 exchanges per badge.<br />

<br /><br />What level of trading do people think would equal "abuse"?  <br /><br />I've bought quite a few tokens the last few years (I'm guessing... but its only a guess...  that I'm in the top 20 buyers). Doing some napkin math, here is what I imagine I would exchange if there is no limits on my exchanges:<br />

<br />
• 20 common to UC trades (I.E. trading in 500 commons)
<br />
• 10 UC to R (I.E. trading in 100 UC)
<br />
• 5ish R to UR trades (I.E. trading in 125 R)<br />

<br />(Were I to be able to do this I wouldn't try and do it all on one day and I would show up with the trades presorted in zip-lock bags)<br /><br />I would of course like to do more UR trades but I will be hard pressed to have enough tokens to do more.<br /><br />P.S. if lots of trades are allowed it might be worth trying to score some "Counting" scales so the receivers of the tokens wouldn't have to count by hand (... Well you would have to have at least two, one for woodies and one for the new style ... and I don't know if the woodies are that consistent in weight... Maybe just one counting scale for the new tokens and woodies would get counted by hand. Hmm...)