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Not related to computers but there are smart people here
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carbonterry2
356 Posts
(Offline)
1
July 26, 2016 - 9:55 am
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I have been approached to sell my block of UPC numbers. Has anyone here had any similar experiences?

Thanks

Jim Hillier
2700 Posts
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2
July 26, 2016 - 10:51 am
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Hey Terry,

Do you mean Universal Product Codes?

carbonterry2
356 Posts
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3
July 27, 2016 - 11:20 pm
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yup....I purchased mine 20-25 years ago and received 100,000 numbers with no further fees. That's not the way it is now...essentially you rent the numbers with annual fees with nowhere near 100,000.
I will sell my rights and keep a small block of numbers for my use.

David Hartsock
1117 Posts
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4
August 10, 2016 - 4:28 am
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Interesting! So what does a block of 100,000 UPC number bring in the open market (out of curiosity)?

carbonterry2
356 Posts
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5
August 12, 2016 - 9:20 pm
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apprx $1500....cost me abt $650 and I get to keep a small block of numbers for myself.

David Hartsock
1117 Posts
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6
August 13, 2016 - 10:02 am
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Wow, nice little investment! 🙂

So, I was under the impression a UPC code was just a digital representation of a text value (i.e., store/price/etc). Is that not the case? Is the UPC code tied to a specific entity? Interesting stuff.

carbonterry2
356 Posts
(Offline)
7
August 13, 2016 - 9:52 pm
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UPC is tied to a specific entity. Nowadays the first 6 digits. Mine is 690164. The next 5 digits are for the entity's part number or code. The last number is a "check code" which too complicated to explain here.
You can buy small groups of UPC through brokers. I dont know how they work out everything with that arrangement.

David Hartsock
1117 Posts
(Offline)
8
August 15, 2016 - 10:04 am
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Cool! Thanks for taking the time to explain and enlighten. It's always nice to learn something new.

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