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Old 12-29-2005   #1 (permalink)
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Question I am curious & looking for honesty

I have some questions I've been pondering here & I have not seen them answered or asked really. Ok here goes..

In Japan (or elsewhere) do the breeders echange koi for breeding without the fish being purchased? A stud fee as it were. Then is it a pick of the brood for the lending party or just a financial arraingment?

I have also seen many here say this.....you have to go to Japan to get the quailty koi you want. Example is this statement...

"I agree that it seems that most of the Dainichi fish brought in by dealers in the U.S. are of this caliber (tosai). If you want something special from Dainichi, you almost need to go to Japan yourself and pick it."

I thought that the reason dealers go to Japan was to get these quality koi so I dont have to go there. Qualified & expereinced dealers should be able to choose fish of a quality that i would die to own.

I also am curious about the prices one would pay buying direct from a Japanese breeder as opposed to buying the marked up Koi from a dealer who spent his time & money to actaully go there to choose the fish.

I understand people are in business to make money. That said is there a general percentage markup for Japanese imports to help guide a person when they want to buy quailty fish? Is it a crapshoot based on demand for that particualr breeder? Are there new breeders (less known) with as high a quality as famous breeders in Japan that have importers here? How can one find these dealers here & what is a good source?


ok enough of my dumb questions....thanks for responding in advance....rg
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Old 12-29-2005   #2 (permalink)
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Smile Business is business

I've never been to Japan, so I am completely unqualified to give you a firsthand answer to your specific questions. That being said, business is business and that will hold just as true for Koi as for anything else, and once again Japanese Culture is part of the picture.
An exclusive product carries more than one price. The dollar sign paid for the truly exceptional Koi is the last payment, but not the first. In any exclusive market place it is important to understand the root meaning of the word "exclusive". Not everyone gets to have a chance at the pick of the crop. Most will never even see them, including most dealers. Relationships are built slowly and the standing you or your dealer have with the breeders will determine what you are invited to see. If the breeder of top rung Koi doesn't know and RESPECT you, I don't care how much money you have, you will not be invited to buy his best Koi. It will be for someone who has earned a place of honor with the breeder. That is a part of old world Japanese culture that I hope never dies.
That is not to say that dealers and other customers will not be treated fairly. As shrewd in business as the Japanese are, (and they are excellent business managers), they will not dishonor themselves by treating you unfairly or dishonestly. But only those held in the highest esteem see the koi they consider the very best. You will see the best Koi they feel you are worthy of today. And they will probably be right in their judgement.
Now you might be asking yourself where I get off spouting off like this since I've never been to Japan to buy Koi. I grew up with a large Japanese population, and the nuances of their culture infuse every relationship they have. Those from the outside are invited in only as far as they have earned the right to go, which is a very good thing.
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Old 12-29-2005   #3 (permalink)
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why go to Japan

I think that I have an answer to one of your questions. I think that the reason that you are not able to find good examples of the fish of famous breeders at your local dealer is due to the nature of "the product." A fish is not an easily sold item and does not store well. Stuff happens: they get sick, scared, loose their pattern, etc. Also, picking out a koi is a subjective decision. What one person likes, another may not. The high end customer is likely to be very descriminating. An investment of $10,00, $20,00, $30,00 and up for a Dainichi fish may end up being worth nothing and the fish might never sell. This is a lot of money for a dealer to tie up in one fish and there are not many people out there who will pay $10,00 and up for a fish. There are many, many more hobbiests who pay $1,000 for a fish than those who will pay $50,000. This might be why dealers prefer to get approval in advance from the customer before purchasing an expensive fish for them in Japan or the client visits Japan with his dealer to help pick the fish themselves.

The perishable nature of the product has to be taken into account when pondering the profit margin. How many are lost or damaged between the breeder in Japan and the pond? And, they just keep on eating, and eating, and eating.
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Old 12-29-2005   #4 (permalink)
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Quote:
Originally Posted by maryland_ponder
I have some questions I've been pondering here & I have not seen them answered or asked really. Ok here goes..

In Japan (or elsewhere) do the breeders echange koi for breeding without the fish being purchased? A stud fee as it were. Then is it a pick of the brood for the lending party or just a financial arraingment?

I have also seen many here say this.....you have to go to Japan to get the quailty koi you want. Example is this statement...

"I agree that it seems that most of the Dainichi fish brought in by dealers in the U.S. are of this caliber (tosai). If you want something special from Dainichi, you almost need to go to Japan yourself and pick it."

I thought that the reason dealers go to Japan was to get these quality koi so I dont have to go there. Qualified & expereinced dealers should be able to choose fish of a quality that i would die to own.

I also am curious about the prices one would pay buying direct from a Japanese breeder as opposed to buying the marked up Koi from a dealer who spent his time & money to actaully go there to choose the fish.

I understand people are in business to make money. That said is there a general percentage markup for Japanese imports to help guide a person when they want to buy quailty fish? Is it a crapshoot based on demand for that particualr breeder? Are there new breeders (less known) with as high a quality as famous breeders in Japan that have importers here? How can one find these dealers here & what is a good source?


ok enough of my dumb questions....thanks for responding in advance....rg
Yep...happens all the time. Especially with male koi.
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Old 12-29-2005   #5 (permalink)
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This is why, in my opinion, American breeders will never catch up to the Japanese product- it is a community of experts breeding koi and exchanging stock. They are 'generation knowledgeable' and work as a professional organization. The only way Americans could compete against that reality is if KHV and warring factions begin to eliminate that kind of shared culture.

There is no price for koi. You may get a different price than I do when you walk through the door. The koi business is like the antique or the wine business, since there is no real fixed price, it is strictly what the market will bear. It also depends on whether the dealer you go with has prearranged compensation with the breeder he takes you to.

Many, many people breed Dainichi stock. fish that are from the dainichi line are not the same as Dainichi bred fish. And Dainichi produces tateshita for export just as everyone else does. Remember that a breeder might start the season with 2 million plus fry and by the fall have culled all but 3,000. Of those, 2400 might be sold off immediately as tosai. And he may only intend on really keeping 200-300 tosai for further grow out. This is what makes koi of three and four years old expensive.

As far as the 'honorable thing' goes, Japanese breeders are very polite people as a rule. But they are NOT the people you see in Samurai movies! To my knowledge, no one has ever ritually killed themselves because a customer caught them cheating! They ARE in business and foreigners come through the door every year that the breeder knows he will never see again. This naturally brings out the true character of that breeder. Some are thieves and some are honest to the extreme. I've found that the brokers or traveling/guide dealers are definitely more dishonest than the breeders, as a generalization. Most of those guys are orientated towards the quick buck that comes from impulsive buying.

As far as WHO the breeder will sell to- this differs from breeder to breeder. Some are so far off the beaten path, they would sell to ANYONE, ANY TIME- DAY OR NIGHT! Others have put a ton of time and energy into a koi and will be damned if they are going to sell it to some stranger that might kill it straight away! Still others will not sell to those who come with certain agents as that agent might owe them money! That agent will then tell a story to the customer as to why the breeder will not net today! The language barrier is often used, I think, for hiding and twisting things in Japan. And other breeders may be trying to build a direct business and a customer base, and as such, they will qualify you and not be willing to sell something that will likely be too much in dollars or maintenance and therefore a loss of said koi will result in a lost tate-customer. This practice is actually decades old and is based in the apprenticeship notion I often mention when I talk about ZNA and the koi hobby ( as an art or discipline) in Japan--- The idea is to start with 'beginner koi', become koi kichi and slowly move up in quality ( and price) as you gain more experience and success. So in this Culture of the Koi, it would be odd indeed for a breeder to load a newbie up on high class sansai? But as I said, times are tough and some have taken the attitude that you need to hit'em hard when the impulse is there and the yen is flowing. The old timers tend not to be this way, but their kids are rock’en and roll’en with the Gaikokujin!

JR



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Old 12-29-2005   #6 (permalink)
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I am on my 6th Honda but have never visited Japan for koi, will this soften my "green" status as a buyer or should I just lurk? LOL Good information, sounds like the art of buying is as complicated as the art of growing the koi.
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Old 12-29-2005   #7 (permalink)
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Isn't the koi business fascinating?

JR, I think I could listen to your stories of visits with the breeders for hours on end.
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Old 12-29-2005   #8 (permalink)
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My brief visit to Japan included a tour of Omiya, a bonsai village about one hour trains ride out of Tokyo. The more nurseries I visited there, the more this exclusive feeling crept in. Then to break the ice, since language attempts were getting me no where fast, I whipped out my photo album of my pathetic bonsai collection and proudly showed it to an owner. The only response I can remember was one guttural grunt sound. My wife grabbed it out of my hands and quickly stowed it away in her travel bag. I never did understand that scene. I do now.
To reverse this scenario, if I have a visitor, maybe potential buyer, and he or she visits my bonsai collection and proceeds to walk around and pick my very best few for availability, I get this exclusive phenomonae feeling too and usually....always chace them away or change the topic for sure. It becomes a right or privilege to view something you spent 20 years careing for.
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Old 12-30-2005   #9 (permalink)
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That was certainly a lot of information to unload for someone just learning.It might be difficult to absorb it all at one sitting. But your lucky to have a readers digest version of serveral decades of learning.

I do think there are some fantastic dealers out there that have a wonderful relationship with top breeders. Their relationship have been built on years of constant and growing business gaining the trust and repect of producers. I do thinlk you can purchase top koi from them at no more than if you went and added up the expense of the trip into the purchase price...
But
I wouldn't want to dissaude you from getting an opportunity to experience the
trip to japan. priceless...
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Old 12-30-2005   #10 (permalink)
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I have also seen many here say this.....you have to go to Japan to get the quailty koi you want.

Going to Japan gives you more opportunity and a "chance" to get something for your taste and what you envision quality. Its still a gamble, but what you don't find you come back with a little more Nishikigoi knowledge. Unfortunately when you go there your taste changes but your wallet doesn't.


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