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-   -   Dollar (or any currency) "value" of orchids? (http://www.orchidboard.com/community/beginner-discussion/67377-dollar-currency-value-orchids.html)

jeremyinsf 04-17-2013 02:59 PM

Dollar (or any currency) "value" of orchids?
 
So perhaps some may consider this a 'dumb' newbie question, but I'm curious about thoughts around the value of Orchids?

Yes I realize the basic laws of supply and demand, and people paying more for things that they really want, and a seller selling something for way below value because they don't know what they have.

So, beyond all that - How do I know when a plant I paid $15 is worth $150, or vice-versa?

Bud 04-17-2013 03:10 PM

There are some Neofinetia falcata orchids that can cost $15, then some rare variety can cost up to $1000.
Its just a matter of covetousness and demand factors.
I cant afford it, so I am glad if I get one for free....

NYCorchidman 04-17-2013 04:00 PM

Quote:

Originally Posted by jeremyinsf (Post 567511)
So perhaps some may consider this a 'dumb' newbie question, but I'm curious about thoughts around the value of Orchids?

Yes I realize the basic laws of supply and demand, and people paying more for things that they really want, and a seller selling something for way below value because they don't know what they have.

So, beyond all that - How do I know when a plant I paid $15 is worth $150, or vice-versa?

I think you already answered youself. :)

Awarded plants add the value for quality. Plants like paphs that cannot be mericloned and mass produced, hence only available as division or seedling (many or should I say most of which are usually crappy) also tend to be a bit pricier than some others.

New, rare plants...and then also forbidden plants since these are available through dark sourcese risking punishment by the laws.

Other than, worth is more personal to me. and because of that, most of the time, I feel I'm forced or left with not much choice, but then this is how many things are unfortunately.

Thre are some complex paphs I find very attractive, but they are thousands of dollars. and some, you have to wait for the division, and some, even if you had all the money, the owner won't give away or sell.

The Orchid Boy 04-17-2013 04:02 PM

If an orchid gets awarded, it's value usually increases, especially with slipper orchids because they can't cloned by tissue culture. If an orchid is slow growing it will cost more, especially for bigger plants.

Calbears 04-17-2013 10:24 PM

A bit off topic, but why can't certain orchids be cloned by tissue culture? Which genera can or can't be mericloned?

Wild Orchid 04-17-2013 10:42 PM

NOID's would be always cheaper.
http://www.orchidboard.com/community...noid-noid.html

Depends on what attracts you. If I can get a similar to some trendy looking Phal and it's pretty to the eye of the beholder (mine) in the range of $5-15, that's good enough for me.

Others have different opinion on the subject and appreciate having name tags, Latin names and searchable records in the registry.
The International Orchid Register / RHS Gardening

The price tag reflects all those factors, I suppose.

http://www.orchidboard.com/community...expensive.html

Most Expensive Orchid

King_of_orchid_growing:) 04-17-2013 10:47 PM

Quote:

Originally Posted by Calbears (Post 567718)
A bit off topic, but why can't certain orchids be cloned by tissue culture? Which genera can or can't be mericloned?

It is a matter of demand for some of them.

Disas can be cloned, but yet they aren't cloned commercially on a large scale because the demand for them is low.

Same for Diuris.

These are just 2 examples.

vjo 04-17-2013 11:01 PM

I had a Phrag awarded this spring and one of the judges reminded me that it was now worth about 10 times what I paid for it !!! I laughed as I told him it was given to me!! Lets see
10 x 0...ohhh
...Jean

professor plant 04-18-2013 12:15 AM

I have orchids that were given to me and they are priceless. I have some that I have paid the most for, awarded, ect and I would trade them without concern. A plants value is not monitary to me. If I want it, I will pay for it. At the same time I try and keep my expectations reasonable so I am not constantly diasppointed by what could be. Some days are better than others.

I am originally and always will be a paph grower. The ones that I want tend to be the most expensive. It is in my opinion, the more costly of my orchid habits.

The Orchid Boy 04-18-2013 12:18 AM

Quote:

Originally Posted by Calbears (Post 567718)
A bit off topic, but why can't certain orchids be cloned by tissue culture? Which genera can or can't be mericloned?

To my knowledge, none of the slipper orchids can be cloned. It is imposible because of their makeup, I don't remember what exactly. This includeds the genera Paphiopedilum, Phragmipedium, Cypripedium, Mexipedium, and Selenipedium. To get an awarded slipper orchid, you have to buy a division or get it awarded yourself. If a phal is awarded, it can be cloned and you can have many exact copies. Anyone know of other genera that it is impossible to clone?

quiltergal 04-18-2013 01:13 AM

I think the OP is asking what makes some orchids more expensive to buy than others. It's not really a philosophical question. At least I don't think it is. Please correct me if I'm wrong.

As has already been pointed out awarded plants can command a higher price.......for a while. After they have been excessively cloned over time the price goes down. You will always pay more for a division of an awarded plant. Some plants that are slow or difficult to grow will be more expensive because there are fewer of them. As mentioned slippers cannot be cloned, so you have to grow them from seed. There is a huge amount of variability in seedling blooms even among siblings. As NYC said a good number of them may be just so so. The ones that show very good color and form will be more valuable, and you will only be able to get one just like it by purchasing a division of that plant. Many growers are doing a lot of line breeding so the percentage of nice flowers per seed pod is going up. While they will not be identical they will be more similar

If you have a $15 seeding that you mature and bloom that you think is pretty good post a picture of it and ask for feedback. There are a lot of judges from all over the world that frequent this forum. Most are more than willing to tell you what they look for in a particular plant, and if your plant meets those benchmarks.

jeremyinsf 04-18-2013 01:25 AM

Such great answers on here, and differing points of view, I love it!

RosieC 04-18-2013 03:07 AM

Quote:

Originally Posted by Calbears (Post 567718)
A bit off topic, but why can't certain orchids be cloned by tissue culture? Which genera can or can't be mericloned?

Some have been found to be more difficult than others to get the mericlones to take. Generally they say Slippers can't be but I was told by a grower that mericlones had been successfully made, however the plants took just as long to grow and a lower success rate than seeds... therefore growing from seed was still preferable. Slippers tend to be more expensive because they can't be grown in such mass numbers as something like mericloned phals.

iammadeofdreams 04-18-2013 09:32 AM

Quote:

Originally Posted by quiltergal (Post 567757)
I think the OP is asking what makes some orchids more expensive to buy than others. It's not really a philosophical question. At least I don't think it is. Please correct me if I'm wrong.

As has already been pointed out awarded plants can command a higher price.......for a while. After they have been excessively cloned over time the price goes down. You will always pay more for a division of an awarded plant. Some plants that are slow or difficult to grow will be more expensive because there are fewer of them. As mentioned slippers cannot be cloned, so you have to grow them from seed. There is a huge amount of variability in seedling blooms even among siblings. As NYC said a good number of them may be just so so. The ones that show very good color and form will be more valuable, and you will only be able to get one just like it by purchasing a division of that plant. Many growers are doing a lot of line breeding so the percentage of nice flowers per seed pod is going up. While they will not be identical they will be more similar

If you have a $15 seeding that you mature and bloom that you think is pretty good post a picture of it and ask for feedback. There are a lot of judges from all over the world that frequent this forum. Most are more than willing to tell you what they look for in a particular plant, and if your plant meets those benchmarks.

Is this one of the reasons that it is so cheap to buy sedlings? I think the idea of not knowing quite exactly what the flower will be like is kind of exciting.

quiltergal 04-18-2013 11:36 AM

That's exactly right Nikki. You are rolling the dice when you buy a seed grown seedling. You never know what you will end up with until it flowers. If it's great you win the jackpot, if it's not then you aren't out a lot of money. Growers will often tell you what they are hoping for in the cross and that may give you an idea of what to expect. But only a small percentage of those seedlings may present what the grower is looking for. The rest are genetic surprises. ;)

The Orchid Boy 04-18-2013 11:43 AM

Why you should buy flasks...
 
Quote:

Originally Posted by quiltergal (Post 567913)
That's exactly right Nikki. You are rolling the dice when you buy a seed grown seedling. You never know what you will end up with until it flowers. If it's great you win the jackpot, if it's not then you aren't out a lot of money. Growers will often tell you what they are hoping for in the cross and that may give you an idea of what to expect. But only a small percentage of those seedlings may present what the grower is looking for. The rest are genetic surprises. ;)

That's why I, and many others like to buy flasks. You get many seedlings from one cross, grow them up, bloom them, and keep the best for yourself. :D

quiltergal 04-18-2013 11:56 AM

Buying a flask certainly increases your odds of getting something fantastic. :lol: I don't have enough room for a bunch of flasklings though.

jeremyinsf 04-18-2013 02:11 PM

2 Attachment(s)
Quote:

Originally Posted by quiltergal (Post 567757)
I think the OP is asking what makes some orchids more expensive to buy than others. It's not really a philosophical question. At least I don't think it is. Please correct me if I'm wrong. ...
If you have a $15 seeding that you mature and bloom that you think is pretty good post a picture of it and ask for feedback. There are a lot of judges from all over the world that frequent this forum. Most are more than willing to tell you what they look for in a particular plant, and if your plant meets those benchmarks.

I think part of it is that I don't really understand the 'awarding' process yet. I suppose I need to learn more about that to get a better sense. I think some of the other comments on this thread are spot on with my own experience - "If I want it, I will buy it", having had some that were very cheap and are favorites, the 10x the value, but it was a gift etc.

Another part is me learning about the difference between 'mass' orchids - ala Home Depot etc, where just about any orchid is $18.99. Then others that I can get at specialty shops here in the San Francisco Bay area that are indeed rare, and at times are shockingly cheap. And then the Ebay ones that can run $75 for a little baby plant that has a name, but won't grow a flower for at least another year. These markets are all very different, and I suppose Orchids are (or can be) so specialty that it really does make sense on the price differences. I'm just trying to understand it better :-)

Having said all that, does anyone have opinion on the value of the two I attached? The Paph Multi has two spikes, and six fans (does the size of the plant i.e. growths make a difference in value?) but no name tag. The Phrag caudatum has two mature spikes, a new one just emerging, and a total of nine fans.

THANK YOU ALL. :bowing

The Orchid Boy 04-18-2013 04:31 PM

Yes, the size of plant and number of growths affects the value. I'm not to good at guessing the value of orchids but here's my guesses (they may be way off :))
Phrag. caudatum- $150-$200
Paphiopedilum- $100

NYCorchidman 04-18-2013 09:43 PM

Here in NYC, at a florist in a "good" neighborhood where everything is on the high side, paph like that with no tag (or just about anything) is sold at around $100. People don't really care about the specific name but only the look of the plant.
Then at a flower distric here, you can get a paph like that at $35-50 depending on which store you go to.

Phrags are not very common here at all.
I've seen only one (forgot the name) but it was taller than 5 feet. The seller was asking $75.
but I think your phrag has lots of growth with multiple spike, so I would say it should be at least over $100.

For paph, unless it is a rare or awarded plants, anything over $50 per plant (especially without ID) is a rip off I think.
or at least I don't pay that much unless I find a very good reason myself.

---------- Post added at 09:43 PM ---------- Previous post was at 09:40 PM ----------

Quote:

Originally Posted by quiltergal (Post 567926)
Buying a flask certainly increases your odds of getting something fantastic. :lol: I don't have enough room for a bunch of flasklings though.

My sentiments exactly!

more room!!!!!! :(

then I'd see if I get lucky here and there.

quiltergal 04-18-2013 10:25 PM

That caudatum is awesome! Something that size would go for at least $150 or more. Because the other one is a NOID nice as it is $30 max.


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