What’s the time cutoff that distinguishes “scalping” from “long term appreciation”?

http://www.sternpinball.com/games/iron-maiden/le

Having it in your home and playing it.
Ie: NOT buying one with the sole intention of screwing someone else over.

So if the OP opens it, plays 1 game, then sells it for his asking price, it will then be perfectly fine by you, based on your logic.

And people wonder why I say economics should be mandatory from grades 5-12.

I bought an LE with the sole intention of opening it and playing it, then people started paying stupid money for it.. they can have mine! I’ll get a premium and enjoy it just as much.

interesting

when does it become your property? when it has shipped, when you have possession of it or when you paid for it? wonder what skitb / jpop / heighway customers think about property rights after payment? They paid for stuff and didnt get it, I guess its a good thing stern didnt fold before yours shipped after you sold it before you had it in your possession.

if you flip it before it ships is that your property?

i really dont care just find its interesting, ill let the ops buy the nib games and ill enjoy them there. if you dont see how people think thats a dick move to flip it before you even have possession then i cant help ya.

ready for the next stern price hike?

how can we trust a guy named trekkie with a star wars avatar?

you got some flak in your thread and then you come to all the other flippers threads and defend them, have to expect a lil push back. I mean, this guy isnt even a real member here, has 8 posts... no need to come defend him, and if you do, expect some more heat. lets go play some pinball instead

You know I’m born to lose, and gambling’s for fools
But that’s the way I like it baby
I don’t want to live forever!
Lenny Motörhead
Just had to cause this song popped right out when I read this

I'd bet most NIB sellers are in this boat. I couldn't see buying a NIB pinball with the intent of flipping. But if I had one on order for some reason and could suddenly clear $3k (aka price of a FT for my gameroom) by reselling it, knowing I could get exactly the same gameplay in a Premium later on, I'd be pretty tempted. I don't see the problem with that, just like I don't see the problem with owning a game for a while, noting that prices have gone nuts for it and you don't value it that much, and selling to swap over to a game you value more.

Buying with the sole intention to hoard and inflate is not the best but I think every pinball dealer does it. Perhaps it's not as noticable with some titles.

I usually take a huge loss on every game I sell from my personal collection. I upgrade the pin with all of the best mods and when it comes time to sell it I always hear the same thing. You should not have put that on. We will not pay for it. Toppers , HD glass , color dmd , shaker , rails , powder coating and so much more. Lose thousands of dollars every time. I think people who take advantage of sellers are just as bad. Fair value works both ways. Bottom line pay what you think something is worth or do not buy it. Stop complaining!

Perfect example here. I do not like this game so much but I would be glad to pay MSRP on a Big Bang Bar.
Crazy how no one will sell it to me for that.

When payment exchanges hands. It's the law.

More proof why economics needs to be taught from grades 5-12.

You absolutely have no idea what you are talking about.

I’m really sorry I didn’t dumb it down enough for you to follow.
Since you’ve chosen to now be insulting, I guess I’ll do it for you.

If the intention is to buy a highly sought after item with zero intention of using it yourself, and buying it just so you can mark it up, screwing over someone else, you’re a dirtbag. It’s greed, pure and simple.
Yes, it’s legal so have at er if that’s what you’re about, nobody can stop you.
The same way if I contacted the IRS and told them to watch for your income tax return to see if you claimed the profit.
See if I did that, it would also be completely legal and the morally right thing to do since you SHOULD pay your share of taxes, right?
But I wouldn’t since I don’t like to screw other people over, unlike yourself.

Would you like more examples of how screwing over other people for a buck is wrong, or do you think you can figure that out on your own?

You sold it already

Go right ahead.

US Tax law allows you to deduct hobby expenses up to hobby income...I have waaaaaay more hobby expenses than I do hobby income.

You don't know what you're talking about.

Now, let's enter the real world. Is anyone holding a gun to one's head to force them to purchase an Iron Maiden LE above retail price? No.
Is it a voluntary transaction entered into by 2 people? Yes.
Is it a good deal for both people? Yes...otherwise, they wouldn't freely agree to the transaction.

Don't say I don't do anything nice, try watching this...maybe you'll learn something:

Long-term appreciation. Short-term appreciation. Doesn't matter. Justifying scalping by equating it to appreciation is bogus. And seeking empathy for the times it backfired is bogus.

Some buy with intent to scalp. The rest buy with intent to enjoy and eventually may sell at whatever the appreciated or depreciated value may be. See the difference?

And since hobbies are meant to be enjoyed, the latter is fine and the former is frowned upon. Plain and simple.

How do you know their intent?

Did you ask them? Did you conduct an interview?

Or did you just assume...?

hows that working out for predator buyers. johnny law got their back?

so your saying your avatar isnt a star wars one hah.

i have an idea that im not nearly as riled up as you lol, dont want you to have an aneurysm.

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Well some people proudly proclaim their intent

I'll give my thumb's up for the motorhead. But I've got mixed feelings on quoting him and then calling him Lenny. RIP

How is working out for predator buyers? They are legally going after Kevin Kulek...as to where things currently stands, you need to talk to one of the plaintiffs...I don’t have access to that info.

Are you trying to say that the laws will force Kevin Kulek to manufacture an illegal item that he isn’t capable of making??

When did I say my avatar pic wasn’t Star Wars? I changed it when my Star Wars LE shipped...I didn’t realize that picture was so offensive to you.

I’m not mad at all...I have great pity for everyone that shows their extreme lack of knowledge.

No need to assume. The moment someone posts the FS ad for big $$$ for a hot new pin they have yet to receive, or have yet to open, they have self-proclaimed their intent to scalp.

So you just assumed...

I hope you never sit on a jury, planning board, zoning board or anything of the like.

lol dude you are just a ball of joy aren't you

nah you said "You absolutely have no idea what you are talking about." so i proved that i knew your avatar was from star wars lol. so in fact, i knew at least one thing i was talking about, call that a win for the day.

my point about the skitb/jpop/heighway stuff was they paid for stuff and didnt get it, I guess its a good thing stern didnt fold before yours shipped after you sold it before you had it in your possession. that is all.

the legality of anything that has ever happened or will ever happen or the economic strategies of capitalism or the youtube video you post in every iron maiden le flipper thread that no one clicks into doesn't change the fact that a significant amount of people find it to be a dick move to preorder an le to flip it before it even ships to you.

if you get all worked up cause people think that is lame and you feel its not doesnt make anyones opinion more valid than the others. but I, for one, think its a shitty thing. no need to beat a dead horse.

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good day

It’s fun to enjoy the popcorn now instead of being involved first hand in these for sale threads.

Yea I saw that after damn spell check, I guess there’s plenty of Lenny’s but not many Lemmy’s

I still have absolutely no idea why you're even bringing up my avatar picture or pinside handle? I am a huge Star Wars geek. When I signed up for pinside, 2 of my 3 machines (at the time) were Star Trek machines...I don't see where you're going with this...just some type of red herring to make you feel superior or something?

You have no point about those failed companies not delivering the goods they sold. You asked me when I take ownership of a game...I gave you the 100% correct answer...now you're talking in circles around it...

I don't pay Stern for games, I pay the distributor. If the distributor fails to deliver, then I take legal action. We do have a judicial system in this country set up in Article III of the Constitution.

Bottom line...the people who are complaining, their main goal is to CONTROL what others are doing. Someone like me, who believes in maximum freedom, will never agree with trying to control others.

Don't you think it's a dick move to sabotage someone's for sale thread?

I was raised that if you use charitable giving to impress others it's meaningless. My parents told me there's no need even tell a charity where the money is coming from never mind telling the people around you that you donated to a charity.

Does anybody know the seller? Not much of a track record on Pinside anyway.

Where are all the jealous haters? Shouldn’t they be praising the OP for lowering the price?

How far is this from what a good distributor price would have been? 1700?

8800 shipped ...

Good luck op! Suckers gravitate to this LE stuff like moths to light. Then go buy yourself a pro at a greatly reduced price or put the profits in your jeans and enjoy....your machine will sell to someone here no doubt.

All my friends who bought an LE from a distributor paid much higher than that.

Hopefully not too much higher or your friends need to find a new distributor.

Which distros? They should be exposed for their savvy business acumen and award winning customer service.

If you paid more than $8799 from a dealer its time to find a different one. Or just get a premium. But then you can't flip those.

your maximum freedom is fighting with guys you never met on an internet forum?

oh ok, sorry man, I got you all wrong

I paid exactly 8809, shipped.

I know the seller. I sold him a couple of games some years ago and he picked them up at my place. I still see them listed in his current collection. No problems at all.

Just had a distributor quote 10500! He is taking bids still too!

Only a few LEs left apparently.

Makes this pinsiders price look good.

Who was it ..... let the group know so we can let him with our $$$$$. Dealers make enough already. Taking bids. What bull shit

https://pinside.com/pinball/forum/topic/for-sale-iron-maiden-legacy-of-the-beast-premiumle-6