When I was a kid I used to trade Pokemon cards. Depending on the amount of copies in circulation, cards were classified as either “common”, “non common” or “rare”. So usually you had to give many common and non-common cards in exchange of a single rare card, even more so if this card was actually powerful in the game. In other words, rare cards were both scarce and intrinsically valuable. I remember trading 65 cards of various classes for a single “Charizard”, I still believe it was a great deal, as that card was literally the rarest one and the probability of obtaining it randomly by buying “booster packs” was nearly zero!!
As a child we traded hockey cards with friends. The trades were pretty fair, we had different favorite teams. So we traded the favorite team cards to each other.
I helps my friend to finish maths homework.
He give me a pack of potato chips.
I think it is a fair deal as I want soem snack but without money and he never want to do the homework. We are all better off after the trade.
Back in school we used to collect different cards and simply having 3 of the same kind was worthless for me and yet I knew it was valueable for somebody who didn’t have it and based on how many of our friends had 2 cards we could kind of identify that 1 was more valueable than the other, making us trade 2-3 cards for one.
I spent my younger years in Canada. We traded hockey cards by ability. One of the games was to spin the cards again the wall and when they fall down and cover another card, that defines a win and that player gets all the cards.
The nature of the came spoils the cards (tokens) so it dramatically devalues their NFT value. We played with mint OpeeChee cards, Gretzky and Kurri rookie cards…we both got screwed playing in this fashion
Using an app where I record in my language and another person records in their language a book we are both reading!!
Describe a barter transaction that you’ve been a part either as a child or adult
As a child, I traded 3 shiny glass marble balls for a rare foil vampiric dragon in magic the gathering card game.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
The barter transaction was instant and easy.
It was a fair exchange because both of us mutually agreed to the trade even as our items were of different monetary values.
My brother got my Teddy Bear - in exchange of letting me play with his toy.
That was OK
My mother giving me a chocolate - in order to shut up…
not that OK…
I spent some time in Japan living with a japanese family. I taught basic English (children), conversational Spanish (parents) and Spanish literature (one teenager) in exchange for accommodation and food.
Exchanging a massage for dinner with a friend.
The friend probably got a better deal as it was less physically demanding for them to cook for me!
Back in middle school, marbles were king; if you had the right set of marbles then you could barter them for almost anything you want.
I was really hungry one day and wanted to buy a full lunch ($5) and a slushee after school ($2), I had my bag of marbles that’ve just been filled with new ones from Christmas (so they were free), one of my classmates saw what I had on hand and offered me his full lunch and a coupon for a free slushee at the local store! I accepted knowing I got a better deal than what I had originally had in mind.
I recall in elementary school trading pokemon cards. The company created small amounts of certain characters, in order to maintain their rarity. To be able to trade for a rare card, you would have to make it fair by offering lots of lower level ones to reach the value of the one rare card.
Teenage years, I gave my friend a haircut in exchange for one of his video games. Looking back it worked out great for the both of us! I received a free game and my friend a free haircut.
In the military we would trade food items found in MRE’s. Candy, sweets, coffee, and peanut butter were the most valuable items. If you wanted one of those you would have to give up multiple items.
My parents used to pay for my after school math lessons with fruit and vegetables that we grew in our garden, so I got the knowledge and my math teacher had food for her family
I think marbles is the best example,there was actually quite some trading going on back then haha.
If it were great deals…some were maybe,but it was most determined on size and colours i think .
There are playable plastic rings that we collect from Cheetos.They are all engraved with different landscapes around the world. People would collect them and trade the rare landscape rings with others.
The other one is Pokemon cards.
In these recent times of pandemic toilet paper has been a hard to get item as well as other such items like rice and canned goods. Within our social group of friends I have traded a few cans of pinto beans and a bag of rice for a package of 4 rolls of toilet paper. At this time in April 2020 neither of these products could be found at any store such as walmart, target etc. The whole thing just started as a normal conversation on how hard it was it to find particular items. Soon enough with out really thinking about it we made the trade at work the next day. Still to this day we ask each other if we need anything that we can’t find in stores for future trades or reimbursements.
I had exchanged when I was about 6 years old a nice small toy car against a tiny book.
I remember my parents complaining about me doing that. In my eyes, this book had more value than my toy car, so it was worth it.
As a kid I was fairly good at trading marbles. Either trading them or winning with marble games. When trading I traded a beautiful piece for several not so beautiful pieces. Every trade was unique, there were no set prices. It was dependent on what you were willing to give or how bad you would want the other piece. It was fair trading because if you thought the asking price was too high the trade is off.