(Topic ID: 300416)

Are pinballs the beanie baby craze of the 2020’s?

By Mrg50

4 days ago


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  • Latest reply 3 days ago by frenchmarky
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    -3
    #1 4 days ago

    In the late 1990s, beanie babies became such a big craze that people (mostly adults ) paid thousands of dollars for limited edition ones. After a several year run of constant price increases on the second hand market, their prices crashed. Is pinball going down the same path and is a crash in pinball prices inevitable?

    #2 4 days ago

    Yes, of course it will, you forgot about pet rocks, baseball cards and a myriad of other fads as well.

    The sooner the better as far as I'm concerned, can't wait to buy all those unwanted games for pennies on the dollar!

    #3 4 days ago
    Quoted from Mrg50:

    Is pinball going down the same path and is a crash in pinball prices inevitable?

    No.

    It will balance out and the used market will cool down but it won't crash. Beanie babies is not a good comparison.

    11
    #4 4 days ago

    Funko Pops are the Beanie Babies of this generation.

    #5 3 days ago

    I hope to find hundreds of old NIB pinball machines tucked away in a plastic bag in an attic somewhere someday. Or at a yard sale, where the aging woman would wistfully say "I remember when my kids loved these, they just couldn't get enough. I never understood why they didn't remove the goodie bags but they said it would make them more valuable..." as I graciously hand her a crsip $100 for the lot.

    14
    #6 3 days ago

    2000:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/gzU8ZAOxvUE/qII_fx4klQ0J

    2001:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/3XZf_itbXjY/QI04T4Qr9UkJ

    2002:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/8CDhldb5kyw/JxQRQPIGmQwJ

    2003:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20market$20price$20fall%7Csort:date/rec.games.pinball/clAO0zIHHfQ/CbExiOZrldIJ

    2004:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/pXZDb-2V6Yk/GSPWq06-nWsJ

    2005:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20bubble%7Csort:date/rec.games.pinball/ACTs0HpQktA/x-C5LZAF180J

    2006:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/dBrqPnk7mkk/nQYyh65_fewJ

    2007:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20prices$20fall%7Csort:date/rec.games.pinball/femnxuH8a1k/oeXzsItDbOQJ

    2008:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/44iMVjwb68o/wXb8-3F9vOIJ

    2009:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/JsgTrS05pCc/8pB5t9oUqTAJ

    2010:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/hNRZGnOAZ-Y/bs8Js1M7sUAJ

    2011:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/DlcZoruS0Bo/VO_cueyPCEQJ

    2012:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-think-it-cant-happen-think-again

    2013:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-will-pop

    2014:
    https://pinside.com/pinball/forum/topic/this-is-not-a-rebirth-of-pinball-its-a-bubble

    2015:
    https://pinside.com/pinball/forum/topic/we-all-want-the-ass-to-drop-out-of-pinball

    2016:
    https://pinside.com/pinball/forum/topic/when-will-the-stern-bubble-burst

    2017:
    https://pinside.com/pinball/forum/topic/are-we-in-a-pinball-bubble

    2018:
    https://pinside.com/pinball/forum/topic/why-i-feel-pinball-prices-are-going-to-plummet

    2019:
    https://pinside.com/pinball/forum/topic/will-pinball-prices-come-down-

    2020:
    https://pinside.com/pinball/forum/topic/prices-dropping-

    2021 (this year has been a fuggin BANNER YEAR for price bubble threads...maybe it's something in the vaccines):
    https://pinside.com/pinball/forum/topic/pinball-pricing-bubble-due-to-covid-one-nine

    https://pinside.com/pinball/forum/topic/similarities-with-pinball-market-amp-the-2008-housing-crash

    https://pinside.com/pinball/forum/topic/next-pinball-depression-

    https://pinside.com/pinball/forum/topic/how-to-feel-about-these-exorbitant-pinball-prices/page/2#post-6254131

    https://pinside.com/pinball/forum/topic/pingreed-is-a-cancer-is-there-a-cure

    https://pinside.com/pinball/forum/topic/prices-of-pinball-machines-today#post-6229413

    https://pinside.com/pinball/forum/topic/pinflation-or-inflation

    https://pinside.com/pinball/forum/topic/price-gouging

    https://pinside.com/pinball/forum/topic/f-you-stern-and-your-price-increases

    https://pinside.com/pinball/forum/topic/we-have-jumped-the-shark

    https://pinside.com/pinball/forum/topic/are-pinballs-the-beanie-baby-craze-of-the-2020s

    #7 3 days ago

    Maybe, only time will tell. For those of us that are really into the hobby it'll
    be a boon in the long term when the newer pins people seem to be snapping
    up now need servicing and just sit around, dead, taking up space. My theory
    anyway.
    Steve

    #8 3 days ago
    Quoted from Guinnesstime:

    Funko Pops are the Beanie Babies of this generation.

    this exactly, glad I stopped collecting and sold my collection for a good price

    #9 3 days ago

    Pinball isn’t a fad like beany babies. A better comparison is baseball cards. For the first 75 years of their existence they served the purpose for which they were made (trading, played with, etc.). Then in the 80s investors viewed them like they viewed stocks. To accommodate the surge in investor buying, card companies started flooding the market with regular and specialty cards, causing the values to drop dramatically. For several decades cards went back to serving their original purpose (trading, being mostly for fun, etc). But now investors are returning to cards and the values are going crazy. There will be an eventual leveling off of the prices, but cards will never cease to be around, being for fun and collecting. I see pinball as going through similar cycles. It will continue to be around, as it has been for many decades, but it won’t always be as expensive as it now is and hopefully people who are buying them as investments will eventually realize that pinball machines are toys and they are meant to be played with and enjoyed!!!

    #10 3 days ago

    Bringing all your pins to the courtroom would suck....

    1999-a-divorcing-couple-divides-their-beanie-baby-investment-under-6330182 (resized).png
    #11 3 days ago

    It’s most anything nostalgic or collectible. As mentioned above the investment collectors are back in full force.

    Almost 25 years ago I went full on gangbusters with Pokémon cards right before the bottom fell out. Could not give them away. The only reason I kept them is I fantasized of wallpapering a bathroom or playroom one day.

    They all sold early this year for $10k and my pinball fetish was born…

    #13 3 days ago
    Quoted from Charlemagne1987:

    people who are buying them as investments will eventually realize that pinball machines are toys and they are meant to be played with and enjoyed!!!

    The hard realization will be when they have to find someone to fix them. Lots of people jumping into the hobby have little to no electronics back round and few mechanical skills. Only been back in the hobby for 2 years and its hard enough to get the motivation to fix my own machines let alone want to go out and fix somebody else's. I used to think this would be a great retirement business until I saw all the different MPU schemes, parts ,actuators etc.... and people will pay you handsomely, but for me it simply was too much effort and not worth the time you had to put in and what your actual earnings would be.

    #14 3 days ago

    100% there will be a decline in used prices, but this is an absurd comparison with almost no correlation

    #15 3 days ago
    Quoted from the9gman:

    The hard realization will be when they have to find someone to fix them. Lots of people jumping into the hobby have little to no electronics back round and few mechanical skills.

    Thanks to Google and YouTube and also Pinside, if they want to learn how to fix their games they can.

    When I bought my first game I knew almost nothing and was extremely stressed about the game breaking. When it broke, I learned how to fix it. And now years later I can fix boards and do playfield swaps!

    Doesn't mean every new hobbyist will be this way but I certainly expect a lot of them will figure it out.

    #16 3 days ago
    Quoted from FlippyD:Thanks to Google and YouTube and also Pinside, if they want to learn how to fix their games they can.
    When I bought my first game I knew almost nothing and was extremely stressed about the game breaking. When it broke, I learned how to fix it. And now years later I can fix boards and do playfield swaps!
    Doesn't mean every new hobbyist will be this way but I certainly expect a lot of them will figure it out.

    Concur.

    I have fallen into the deep end having picked up my first pin in 2018. I had to literally ask how to lift the playfield on pinside within a week of getting it home. 3 years later I'm up to 6 machines after having rotated 25 through the basement and am doing my own playfield swaps. Those who can't be bothered to learn repair themselves but have money to burn will just hire a repairman.

    #17 3 days ago
    Quoted from FlippyD:a lot of them will figure it out.

    for the most part I can see a lot of people doing that ......its just those problems where .......on the third ball when you hit a ramp and then the machine crashes.......and new a new mpu is not to be had anywhere

    #18 3 days ago

    Levi is gonna be busy this year with all these shit threads

    #19 3 days ago
    Quoted from the9gman:

    for the most part I can see a lot of people doing that ......its just those problems where .......on the third ball when you hit a ramp and then the machine crashes.......and new a new mpu is not to be had anywhere

    Well that's when Mr. Daddy Buxton posts in all caps on Pinside "WTB MPU COSMIC PRINCESS ANY PRICE"

    #20 3 days ago

    Not sure how this analogy works at all. Beanie Babies and baseball cards were collected in hopes that the crazy prices would continue so the buyers could sell them later and retire off their proceeds (not anything like crypto . . .). Pinball machines are purchased, for the most part, because people enjoying playing pinball or like having a game room with a unique item in it. Yeah,pinball might decrease in popularity for whatever reason in the future (maybe even price of entry), but it's not going to be for any of the reasons that the beanie baby and baseball card market crashed.

    #21 3 days ago
    Quoted from iloveplywood:

    Not sure how this analogy works at all. Beanie Babies and baseball cards were collected in hopes that the crazy prices would continue. Pinball machines are purchased, for the most part, because people enjoying playing pinball or like having a game room with a unique item in it. Yeah,pinball might decrease in popularity for whatever reason in the future (maybe even price of entry), but it's not going to be for any of the reasons that the beanie baby and baseball card market crashed.

    Yes, but the baseball card market is as vibrant now as it's ever been. I just watched a segment on HBO's Real Sports with Bryant Gumble that talked about how crazy the baseball card hobby is right now with people leaving their "real jobs" to go into the card business. It made me think of the current surge we're seeing in pinball. Both cards and pinball have been around for a VERY long time. Like anything with longevity, they wax and wane in popularity but they will continue to be with us long into the future.

    #22 3 days ago

    Like Ty did with Beanie Babies, I've often thought that making a big deal out of "retiring" pinball machines could be a good marketing strategy for Stern. Instead of letting games quietly fade away, why not offer a big sendoff between new game announcements, along with a final run discount and/or some freebies? (art blades, side rails, e.g.).

    #23 3 days ago

    No

    #24 3 days ago

    I recently traded a princess di beanie for a gnrce. I felt like the gnrce wasn't worth it so traded back.

    #25 3 days ago

    Now I'm waiting for someone to equate the current pinball pricing situation to the Great Tulip Craze of the 1630s.

    #26 3 days ago
    Quoted from frenchmarky:

    Now I'm waiting for someone to equate the current pinball pricing situation to the Great Tulip Craze of the 1630s.

    Dude, solid historical throwback.

    #27 3 days ago
    Quoted from frenchmarky:

    Now I'm waiting for someone to equate the current pinball pricing situation to the Great Tulip Craze of the 1630s.

    Long gone there

    #28 3 days ago

    I wonder if anybody in the late 1990s sold the top tier of their Beanie Baby collection to finance the purchase of a NIB Medieval Madness.

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