The Dogtag and July PPS are two that come to my mind. The Dogtag used to go for much more compared to what it does today, and the July PPS was pretty high up on the list when it was first created. They're still worth a lot, but they aren't really special compared to other pets that go for the same amount.
And last but not least, I'd argue the Sunjewel took a huge fall. It never actually got moved down the list or anything, but back in the early years of the site it was THE big achievement to own a sunjewel. It was expensive, it was popular, everyone dreamt of owning one eventually.
Nowadays it pretty much just exists out there. Everyone knows it's worth a lot, but you see few people actively looking for one or calling it their dreamie. The sunback is much more popular.
Oh that's interesting, I didn't know the higher list pets had that much fluctuation. Actually, I suppose I have noticed the Sunjewel demand not being as wild as it was back then, now that you mention it!
the highest I saw it go for was a mid-september from the now-retired list. and when the pet got its rarity tag, it was an uncommon. it turned rare in the 2019 rarity overhaul but at the time people were furious.
Yikes. I was not around for this, that must have been quite a roller coaster... And re: the Medieval Faire dog too, it seems like there's definitely a pattern where a really high demand pet creates a bubble before it kind of "settles down" in terms of actual rarity and demand.
I wonder if there are a few different factors here:
1. Misconception about scarcity = big bubbles that die quickly.
Pretty self explanatory, also probably pretty upsetting to players who get on the wrong side of this or are taken for a ride.
2. General tastes changing on high value pets = long cycles of ups and downs.
Like the Sunjewel, July PPS, Timberwolf, Malk Mutant, etc... this might be true of lower rarity pets too but gets really pronounced because a fluctuation in market for a very "pricey" pet is just on a larger scale. This seems like a potentially natural and healthy part of the game.
3. Store pets that can never be re-released climbing in value = ???
I wonder if there are examples of store pets that have also had any decreases in demands after they've risen. Does anyone know?
Lots of what I've heard on this thread are stories of how much the Dragon PPS is worth, how much the Corgis are worth, the Skelebun and Cerberus, etc. Do you all think this trend is one that is actually different at its core than #2? Or would you expect the same ups/downs of shifting preferences to apply in most cases, and bring the demand down for some of these pets eventually (or maybe it's already happened for some)? If it actually is fundamentally different for store pets than other ex-lists, is this thread more of a reaction to this particular category of demand rather than the other two?
Heh, thanks for entertaining my original question, really enjoyed reading the answers. :D