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Why the crazy high bit prices?

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Last activity 2018-01-25 8:24 PM
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Burn n' Turn
Reg. Dec 2011
Posted 2018-01-16 8:17 PM
Subject: Why the crazy high bit prices?


Elite Veteran


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I'll admit it, I'm a bit addict just like the majority of other barrel racers out there... but why are the bits prices on the Facebook auction page so dang high?? $300 for a bit that costs half that new? I can't imagine paying THAT much for a bit. I even saw an l&w that I bought brand new for $75 a few months ago go for twice that on the auction page. What's up with that?
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RaschPerformanceQHS
Reg. Dec 2014
Posted 2018-01-16 8:28 PM
Subject: RE: Why the crazy high bit prices?





2525
Location: Tenn.
Dave Elliott quit taking orders back in the summer and hasn't opened his doors back up yet, so people feel the need to get ahold of us many as they can and aren't afraid to pay double the price. I love all of my Elliott bits and wasn't going to turn loose of any, however when you can sell one for double what you have in it you would be crazy not to sell the ones that are just hanging on the wall. He is supposed to start taking orders again this spring from what I heard so I believe we will all be trying to replenish our stock! LOL
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ND3canAddict
Reg. Sep 2003
Posted 2018-01-17 9:08 AM
Subject: RE: Why the crazy high bit prices?



Straight Shooter


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Location: SW North Dakota
RaschPerformanceQHS - 2018-01-16 7:28 PM Dave Elliott quit taking orders back in the summer and hasn't opened his doors back up yet, so people feel the need to get ahold of us many as they can and aren't afraid to pay double the price. I love all of my Elliott bits and wasn't going to turn loose of any, however when you can sell one for double what you have in it you would be crazy not to sell the ones that are just hanging on the wall. He is supposed to start taking orders again this spring from what I heard so I believe we will all be trying to replenish our stock! LOL

I sold one that we didn't use much, and would probably pay the $300 if I could find another like my favorite DE bit.  I hope he DOES start building bits again in the spring and I also hope he doesn't take any notes off the FB pages that show people happily paying double! haha! 
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tracies
Reg. Jan 2010
Posted 2018-01-17 9:33 AM
Subject: RE: Why the crazy high bit prices?


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Location: Texas
I haven't seen any bit magical enough to pay $300. 
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BamaCanChaser
Reg. Nov 2012
Posted 2018-01-17 9:44 AM
Subject: RE: Why the crazy high bit prices?



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Location: Deep South
I guess I understand the Dave Elliots going for so much. Supply and Demand at work and all that. I personally wouldn't buy them for double the retail price, but I do understand it. But I don't understand the L&W's. I saw a $50 snaffle auction for $150! I know it can take a little while to get your order from them, but is the wait really worth 100 extra dollars to some people? Insane to me!
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Dandy
Reg. Apr 2006
Posted 2018-01-17 11:11 AM
Subject: RE: Why the crazy high bit prices?



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Posts: 1037
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Location: Tennessee
I have looked at the Dave Elliot bits and frankly I will stick with my Shallow Creek Bits! Shallow Creek was one of the first barrel horse bits businesses out there and are still going strong. If you check out these higher priced bits they are only copies of Shallow Creek originals. And if you place an order they are usually shipped that same day. Plus Jan and Boyce can talk with you about what your horse is doing and give you bit suggestions on how to help get you back in the W column!  

Edited by Dandy 2018-01-17 11:12 AM
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IRunOnFaith
Reg. Dec 2009
Posted 2018-01-17 11:43 AM
Subject: RE: Why the crazy high bit prices?



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If it's a handmade bit that's mounted I will easily pay $300 for the right maker. I've done it many times and gotten the same that I've put in back easily at auction. 

Everyone should know by now that I use JD Morrow to make all my bits. (He makes all of Ed and Martha Wright's bits.) His custom bits have a nice feel and they're priced right for the quality. Not to mention he's fast! I've called him to make me one and he's gotten them done in days before. He even adds some "flare" on the sides of the shanks when he's feeling fancy.
Drive out to his shop and pay at pick up or he brings them to my office. He's great and very knowledgeable. I'd pay an arm and a leg for one of his if he priced them that high.   
 
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WrapN3MN
Reg. Mar 2008
Posted 2018-01-17 11:59 AM
Subject: RE: Why the crazy high bit prices?





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Dandy - 2018-01-17 11:11 AM

I have looked at the Dave Elliot bits and frankly I will stick with my Shallow Creek Bits! Shallow Creek was one of the first barrel horse bits businesses out there and are still going strong. If you check out these higher priced bits they are only copies of Shallow Creek originals. And if you place an order they are usually shipped that same day. Plus Jan and Boyce can talk with you about what your horse is doing and give you bit suggestions on how to help get you back in the W column!  

Just my two cents, but my shallow creek bits don't compare to my Elliott's. The feel and balance just doesn't even compare. Dave does a great job helping you determine what your horse may need, also.
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livexlovexrodeo
Reg. Oct 2009
Posted 2018-01-17 12:05 PM
Subject: RE: Why the crazy high bit prices?



I'm Cooler Offline


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I have no idea. I haven't bought a new bit in over 5 years. At this point I have so many bits that if my horses won't work in one I already own, it's probably a true training/riding issue and buying a new bit isn't going to fix it lol
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classicpotatochip
Reg. Mar 2011
Posted 2018-01-17 12:10 PM
Subject: RE: Why the crazy high bit prices?



Owner of a ratting catting machine


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Oh. You're talking about Elliott's. Yep, they're speedy little suckers, but you get what you pay for I hear.
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YoullNeverGuess
Reg. Oct 2017
Posted 2018-01-17 4:51 PM
Subject: RE: Why the crazy high bit prices?


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Supply and Demand I suppose. L&W Does not have the easiest customer service. Dave Elliott quit taking orders. The Troy Flaharty that I sold in the auction group brought twice what I paid for it, and I was proud to get it. I think he also has a waiting list, many "bigger" name trainer use his bits and really openly push his bits. Also, Diamonds and Dirt helped his business when they really started pushing his bits as awards (that is what introduced me to them). I also sold a CJ Orginal Grasshopper they no longer make them like they did 10 years ago, and it brought $225. I paid $76 new. I think its mostly supply and demand.
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YoullNeverGuess
Reg. Oct 2017
Posted 2018-01-17 4:53 PM
Subject: RE: Why the crazy high bit prices?


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JD Morrow also makes a lot of my bits. I love the copper inlay option, and his shank bits have a great feel. I actually order my O RINGS from No Hit Bit. Their Ball Barring O rings are what dreams are made of. Odd I know, everyone loves their NO HIT BIT and I am like no thanks I will y'alls O RINGS
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Runaway
Reg. Jan 2008
Posted 2018-01-17 5:35 PM
Subject: RE: Why the crazy high bit prices?



Sorry I don't have any advice


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Location: Sunnyland Florida


Probably not the popular opinion, but it's my opinion ----  Why the crazy high bit prices?  Because so many of us will pay it.  Just like they charge ropers $10 a night for a stall and barrel racers pay $35 per night at the same arena/venue.  They keep going up and we are happy to pay it (insert rolling eyes).

Maybe we should rethink some of this, LOL!!



  
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hotpaints
Reg. Feb 2007
Posted 2018-01-17 7:37 PM
Subject: RE: Why the crazy high bit prices?


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Location: Mountains of VA
Same goes for, Why the high saddle pad prices??

 
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Wild1
Reg. Oct 2008
Posted 2018-01-17 7:41 PM
Subject: RE: Why the crazy high bit prices?


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I also found out Elliott quit taking orders...does anyone know WHY this is? He's not locking up shop to the public is he? Just wondering
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cheryl makofka
Reg. Jan 2011
Posted 2018-01-17 7:48 PM
Subject: RE: Why the crazy high bit prices?


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I believe it is because of the demand, people were having to wait too long, so he quit taking orders till he could catch up.
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Burn n' Turn
Reg. Dec 2011
Posted 2018-01-17 10:01 PM
Subject: RE: Why the crazy high bit prices?


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Posts: 747
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YoullNeverGuess - 2018-01-17 2:53 PM

JD Morrow also makes a lot of my bits. I love the copper inlay option, and his shank bits have a great feel. I actually order my O RINGS from No Hit Bit. Their Ball Barring O rings are what dreams are made of. Odd I know, everyone loves their NO HIT BIT and I am like no thanks I will y'alls O RINGS

Where do you go about finding one of their o rings? I’m looking for a good o ring. I found a Tom Balding at the nfr I fell in love with but didn’t want to pay $175 for it
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YoullNeverGuess
Reg. Oct 2017
Posted 2018-01-18 8:28 AM
Subject: RE: Why the crazy high bit prices?


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Posts: 19
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Burn n' Turn - 2018-01-17 10:01 PM

YoullNeverGuess - 2018-01-17 2:53 PM

JD Morrow also makes a lot of my bits. I love the copper inlay option, and his shank bits have a great feel. I actually order my O RINGS from No Hit Bit. Their Ball Barring O rings are what dreams are made of. Odd I know, everyone loves their NO HIT BIT and I am like no thanks I will y'alls O RINGS

Where do you go about finding one of their o rings? I’m looking for a good o ring. I found a Tom Balding at the nfr I fell in love with but didn’t want to pay $175 for it

I contacted No HIt BIt, and I have their Half O Ring also. You can choose a mouth piece, and They have a half O ring, an o ring, their no hit bit, in short, medium, and long. I believe my O Ring was over $100 by No HIt Bit.... My JD Morrow O Rings I love and they're around $60
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IRunOnFaith
Reg. Dec 2009
Posted 2018-01-18 12:17 PM
Subject: RE: Why the crazy high bit prices?



Expert


Posts: 3815
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Location: The best kept secret in TX
YoullNeverGuess - 2018-01-17 4:53 PM JD Morrow also makes a lot of my bits. I love the copper inlay option, and his shank bits have a great feel. I actually order my O RINGS from No Hit Bit. Their Ball Barring O rings are what dreams are made of. Odd I know, everyone loves their NO HIT BIT and I am like no thanks I will y'alls O RINGS

 I give lots of friends these bits for Christmas and Birthday presents. THey're nice and priced very low for the quality and workmanship. 
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dashnlotti
Reg. Aug 2009
Posted 2018-01-18 12:41 PM
Subject: RE: Why the crazy high bit prices?



Off the Wall Wacky


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YoullNeverGuess - 2018-01-17 4:51 PM

Supply and Demand I suppose. L&W Does not have the easiest customer service. Dave Elliott quit taking orders. The Troy Flaharty that I sold in the auction group brought twice what I paid for it, and I was proud to get it. I think he also has a waiting list, many "bigger" name trainer use his bits and really openly push his bits. Also, Diamonds and Dirt helped his business when they really started pushing his bits as awards (that is what introduced me to them). I also sold a CJ Orginal Grasshopper they no longer make them like they did 10 years ago, and it brought $225. I paid $76 new. I think its mostly supply and demand.

I have an old CE Goosetree (almost looks handmade) with a mullen mouth that I couldn't even get a bid on!! Brand new never used...
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