Hi, I’m a rather large investor in the skin market. I have over 64 billion ISK in SKINs currently https://imgur.com/a/wKh7N , and I’d like to point out something concerning about the SKIN market that all players considering investing in SKINs should be aware of. Buyer beware, don’t get taken for a ride until CCP clears up some things on how they will handle SKINs in the future.
Please note the fact that I am selling SKINs, and I am warning people away from investing in SKINs. This is not good for my investment, but I have money to burn, and some suckers out there might get the idea that buying plex to invest in SKINs is a good idea. It might be a good idea, but CCP should at least give players some kind of guarantee regarding SKINs and how they are distributed into circulation or modified.
This statement from CCP is a warning sign:
WILL RETIRED SKINS EVER RETURN TO THE STORE?
While most SKINs will be gone for good once they have been retired, we will look for opportunities to bring back popular and thematic SKINs for limited sales in future.
To any long term investor that bought SKINs as an investment because their SKIN was retired, these “opportunities” are a knife in the back of your investment. If you are holding SKINs when this happens, your investment is sunk. If you actually spent real life money on PLEX to get these SKINs, then I don’t know about you, but I’d be furious, because CCP knows exactly what they are doing to you, but they already have your money so why would they care?
On to the second point I wanted to make: CCP has been giving out SKINs from events. SKINs like Spirit and Glacial Drift and Exoplanets and others are given out in events, some have been given out multiple years in a row. If you buy SKINs, and CCP chooses to give out a SKIN you are speculating on for an event reward, once again, your investment is sunk.
The third point I wanted to make is to point out that last year, there were 2 SKIN types (Glacial Drift and Guardian’s Gala) that had the suffix YC119 in their name. This would lead one to believe that they were SKINs from that year. Sometime around October, CCP changed the name of the SKINs to remove the YC119 from the name, and then re-issued both Glacial Drift and Gala(renamed Spirit) for Christmas and the months after and gave them away to ALL players for free. If CCP is going to keep changing all the names of the SKINs, and might just re-issue the SKIN that you have chosen as an investment, well once again, your investment is sunk.
4th point: Saying CCP is “retiring” SKINs means nothing when they “might” come back at some point.
So basically, CCP is doing all kinds of shenanigans with SKINs at the moment, and until there is some kind of outline or promise from CCP regarding their behavior on this, I would not recommend buying them as a long-term investment. We have no idea how CCP will release SKINs in the future, or if they will flood the market with thousands of copies of whatever SKIN you are holding for free on a whim.
A fair compromise between CCP and Players would be for CCP to “seal” SKINs they put on retirement(consider it a rotation, as a retirement with comebacks arent really retirements are they?) . Give players a timer to look at to see how long the skin is sealed for. Forever?(AT SKINS) 5 years? 2 years? 1 year? 6 months? This timer is CCPs promise to the player they aren’t going to screw with the SKIN for that long (sell or give away). That would keep the speculation market stable and active, and would eliminate CCP giving players a giant fisting on investments. It doesnt mean you have to re-issue them.
Seriously, whos idea was it to just rename the YC119 SKINs and re-issue them? That was a masterful stroke in laziness and how not to interfere in the market in eve online. Shaaaame. Shaaaame. ♫(bell)♫ Like holy crap open the material, change the colour and call it frosty drift nips or something. It’s not like you just didn’t do that when you made the glacial drift material available to like 250 additional ships.
If CCP did these kind of things with the PLEX market, or T2 market, or minerals market or whatever market, people would lose their minds. But I doubt most people notice it happening, and the people that do notice it happening are quietly consolidating their stockpiles of SKINs and can accept the random short term losses until the next potential overturning of their market by CCP.
TL ; DR : Casual investor, beware. CCPlease, stop messing with the SKIN market so much, consider the “Seal” idea. If you touch the victory edition SKINs there’s going to be a revolt.