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March Program - Yarn Swap

 IT’S TIME FOR THE

ANNUAL CNKG YARN SWAP!

Once again the annual swap will be conducted as a “Mock Auction”.  Here’s how it will work:

Bring the yarn you would like to swap – see guidelines below

Everyone who participates in the Mock Auction will receive 1,000 “Cactus Notes” which they can use to bid on the auction items.

Additional “Cactus Notes” will be given based on the yarn you bring to swap, as follows:

o       5 “Cactus Notes” for each yard of Acrylic yarn

o       7 “Cactus Notes” for each yard of Acrylic/Other fiber blend yarn

o       10 “Cactus Notes” for each yard of Wool yarn

o       15 “Cactus Notes” for each yard of Wool/Luxury fiber blend yarn

o       20 “Cactus Notes” for each yard of Luxury fiber (Cashmere, Silk, Alpaca, etc.)

Auction Guidelines:

·        Yarn should be new, with labels which include a description of the fiber content and yardage.

·        Please calculate the total yardage in each category for the yarn you are bringing to swap to help speed up the “Cactus Notes” calculation

·        Yardage should be sufficient to complete an entire project

·        Bidding for each lot of yarn will begin at 500 “Cactus Notes”

·        Once you have exchanged your yarn for “Cactus Notes”, it cannot be withdrawn from the auction

·        If a yarn lot receives no bids, it can be returned to the original owner, or donated to the guild (original owner’s choice)

·        Don’t have any yarn to swap, but want to participate?  Francine will bring the remainder of the donated yarn which you can purchase for $2.00/skein.

·        If possible, please arrive a bit early to exchange your yarn for “Cactus Notes.”

FAQ’s from last year:

1.       What if one doesn't want/have yarn? Can one buy Cactus Notes for real money?

No.  Since Cactus Notes will be given based on the type and amount of yarn brought to swap, there is no fair way of valuing real money in terms of Cactus Notes.  In the traditional swaps of the past, you had to bring yarn to participate. 

 

2.       Are you going to hold up yarn and ask for individual bids (one at a time) or silent bids (all at once)?

Yarn will be auctioned off one ‘lot’ at a time, not a silent auction.

 

3.       How do we apply what we get for our yarn to a bid for someone else’s yarn?

You don’t – you are essentially ‘selling’ your yarn to the guild for “Cactus Notes” which you will use to bid on the yarn you want to take home.  The quantity of “Cactus Notes” you receive is based entirely on the amount/type of yarn you bring.

 

4.       What about handspun yarn - can we bring it to swap?

Sure, as long as no additional ‘prep work’ needs to be done for it to be in knittable form.  Also, please do include a label which includes the fiber content, care instructions, and total yardage. 

 

5.       Just wanted to request clarification on one guideline:  "Yardage should be sufficient to complete an entire project" … Is there a standard general reference somewhere on this?  If not, are the following reasonable guesstimated project yardages? 

 

Socks / Scarf / Hat / Mittens / Gloves           200-300

Shawl / Wrap / Top / Vest                              800-1000

Pullover Sweater / Cardigan                        1000-1200

Afghan / Throw                                               1800-2200

 

There is no standard general reference, but this table does seem to provide reasonable project yardages.  What we are trying to avoid, is having random remnants submitted as a ‘lot’ for auction.  

 

6.       Suppose I bring a lot of yarn to the exchange and it is all wanted by someone. Suppose I wind up with more tickets than I can use. I've then essentially given away most of my yarn. Is there a limit to the amount of yarn (# of projects) we can bring to exchange?

 

If you want to bring more than one ‘lot’ (project’s worth of yarn) for auction – go for it.  Yes, it is possible you will wind up with more “Cactus Notes” than you can use – but remember, the number of “Cactus Notes” you receive is based solely on the yardage and type of yarn you bring, not how many “Cactus Notes” it is sold for.

 

In anyone has additional question, please forward them to azknitwit2@gmail.com.  Remember, if you’re wondering about it, someone else probably is too.