- I traded 3 beanie babies for a PS1. Not directly, but with fiat in between. Also, trading pokemon cards was a pure barter transaction
- For the beanie babies to PS1 exchange I think I got the best end of the deal. Beanie babies ended up going to 0 for a long time.
I traded many playstation2/3 games back and forth with my friends while growing up. I don’t remember ever discussing the initial price of the games. It was 1 game for 1 game pretty much always. Sometimes we would reverse the trade after both are done playing the game. I think it was always fair. Obviously no one would trade brand-new games away so every game we traded was a game we didn’t have use for at that time.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
I can give 2 examples, one at an earlier age and the other as a teenager.
One of my first collections were of stamps, i would collect old letters from my family, removed the stamps with water, and at the classroom breaks we would exchange stamps. Here the value of each stamp is different for each person because we would always want to finish a particular set. And most of the times i would consider that both parties benefited from that.
Later on, as a teenager, started playing Magic the Gathering game of cards, and we are newbies we just want to make the collection older guys have. Looking backwards there were a lot of deals where I got defrauded, but just because I don’t have the knowledge I have now.
So the most important lesson I can get out of this is that knowledge is the most valuable thing we can have, and therefore educating ourselves is the best way to increase worth and value.
About 20 years ago, I agreed to a barter transaction. I attended a weekend-long yoga seminar, and in exchange, I photographed the event for the organizer. I think it was a fair exchange. I had the chance to learn yoga, and the organizer got nice pictures from the event.
Describe a barter transaction that you’ve been a part either as a child or adult.
As a child it was very routine to trade desserts found in packed lunches at the school table.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why? I am not a fan of chocolate. If I could trade a chocolate pudding for some fruit snacks its well worth it.
Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
I used to trade my old phone to get some discount on buying a new one. I think it is a fair exchange because the old phone will be less value over time. Having something in return is better than nothing.
Hello there.
I wont reply myself as we probably all traded stickers or football cards as children.
For me it has mostly been like I give you something and you do something for me, goods and services more than just goods.
Me and my neighbour were like 5 and were always carrying water to a stadion nearby so we could borrow a ball or play with the older ones.
A funny one was me convincing the same neighbour that 5 tol is better than 20 because of the colors, we made the switch but a lady saw us and the deal was off… ( tolar is slovenian currency, not used anymore, trade was 2c for 5c€) lol those times…80 tolars was a cup of icecream, now 5x or more…
Hope this is ok and not just me rambling…
I once, in my mid teens, swapped/ exchanged several 12" records for my friends RC car which at the time was worth more.
those records are now rare and worth many times the value of the RC car of which I cant even remember its fait lol…
My friend still has those records
The initial barter trade i had done when i was young was probably a collectible eraser for a bottle of Coke, from there i have come across collectible trading cards in exchange for other cards.
Comparing the items that i mention, i would assume i am happy with the trades, but not necessarily in terms of value.
When me and my brothers were young we used to trade different types of lego pieces with each other. Even if we ended up needing to trade more than we wanted we weren’t too upset by it because it sill meant we were able to finish the project we were working on. Typical example of the short-term gratification of a kid at work, lol. I’m fairly certainly there were a few times though where the “problem of wants” played a part and prevented a few deals from taking place.
I think there are lot of things that has been traded that way by children and taking some of my own example like CD for other CD where value is personal, depending on what each value more. Trade of toys or cards,
as adult you can trade 2 different car with similar price.
I traded my bicycle for a different one , at the I thought it was fair, but I have regret it after a period of time.
I remember once trading baseball cards with a friend of mine when we were young. I traded a lesser known player for a derek jeter card. I believe it was advantageous to me as the design on the card i traded looked better but i received the better player on the card.
My friends and I still do this to this day. We all go out for food, order our own respective meals, then trade food with each other to customize our plates. I would always give up my tomatoes, usually for some other style of vegetable. I think these barter trades are intrinsically valuable because we would trade food that someone else found more desirable in exchange for the food we desired.
I grew up in USSR in the times of deficit. There were lack of food, clothes and money, so therefore people bartered very often to the extent of my father getting part of his salary in food, clothes or household goods. Needless to say, it wasn’t fun getting paid in clothes that you didn’t like or didn’t fit you. Occasionally he would get paid in new toys for the kids (which was fun for me and my brother). Sometimes he would get paid in Beluga caviar which always made my mother very happy. Overall it was always a surprise! You never knew what my dad would bring home on a pay day.
I recall once trading a kyanite crystal for a crudely-carved, but very cool-looking walking stick. I think I got the better value in that transaction, but the beauty is in the eye of the beholder…
My first memory of a barter system was trading football Pencils. There was a machine in our elementary school… I think I was maybe 6 or 7 at the time. Some Pencils were more rare than others. It was the late 70’s in western Pennsylvania, so the Pittsburgh Steelers was the hot pencil to have.
When I was hiking through the Bornean rainforest as part of a charitable expedition way back in 2014 (when I was about 18 years old), I exchanged a Nature Valley bar for a packet of Milo (a sort of chocolate powder that could be mixed with hot water)…
Looking back, I think that it was definitely a fair exchange! Simply put: while I preferred “hot chocolate,” my friend preferred crunchy energy bars… Having said that, we had little else available to us for the purposes of making exchanges, so it was arguably the only transaction that we could make!
When I was around 12 years old, I exchanged an Apple Ipod Touch for a BlackBerry Curve with a classmate.
At the time I thought that it was a fair exchange because the BlackBerry would allow me to have access to BBM (Blackberry Messenger) and chat with my friends while having a device on which I was reachable by phone or text. The Ipod Touch was a sleek piece of technology with its revolutionary touch screen at the time, but apart from its “cool” appeal I could only use it to listen to music while having to need a Wifi connection to chat with my friends.
Though the price of the Ipod Touch was inherently higher than the Blackberry curve at the time, I saw more value in using the Blackberry in my day to day life compared to the Ipod Touch
I repaired guitars and amps and pedals for kids a school, it was the late 90s, they seem to break quite often I would be on the guestlist and free beers at events. a win win
POGS! little round paper discs that you piled up and knocked down. those that faced a certain side (image on each side) you collected to win. There were metal, plastic, and paper pogs, and the best were metal because the weight allowed you to use more force to knock the stack of pogs over or out. first trade for a metal pog included two plastic ones, and a handful of rare cardboard pogs…worth it. lol