(Topic ID: 242194)

Are we in a pricing bubble


By spikelou2

52 days ago



Topic Stats

  • 36 posts
  • 26 Pinsiders participating
  • Latest reply 51 days ago by arcademojo
  • Topic is favorited by 2 Pinsiders

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    Topic poll

    “Do you have think we are in a price bubble ”

    • Yes 35 votes
      42%
    • No 20 votes
      24%
    • Your just cranky 28 votes
      34%

    (83 votes)

    Topic Gallery

    There have been 2 images uploaded to this topic. (View topic image gallery).

    pasted_image (resized).png
    D8F88F06-0371-4BC6-BFAA-F902F31FE045 (resized).jpeg

    -14
    #1 52 days ago

    Every year games keep getting more expensive. Is this just Normal or do you think prices are at an all time high.

    I’m less than 3 years In the hobby so I don’t really know .

    Does any one think we are in a bubble or do you think price will go higher. Does any one think it’s a great time to buy games because prices are going higher , or so you think it’s a great time to cash out and wait for prices to go lower?

    #3 52 days ago

    This has been discussed since almost the beginning of time now. There is much new interest in pinball and more people are buying. I see the new big career as the home repair guy. Most think you just plug it in and play like a PlayStation, but now your cooler.

    14
    #4 52 days ago

    Another one?....jeezus

    #5 52 days ago

    Oh boy, here we go again. No word from Levi yet? Must be sleeping still

    #6 52 days ago

    I’m trying to buy a simple nice system 11 game .I have $2700 and can’t find shit.When you see somebody trying to sell a $200 dollar Roy Clark cocktail for $2500 I don’t think I’m gonna find something.Very depressing.

    #7 52 days ago
    Quoted from cosmokramer:

    Another one?....jeezus

    No shit. It never ends.
    I would give away a pin to never have to read about price bubbles, overprices, etc....ever again.
    It's sour grapes - you got in to the hobby too late if you are part if this argument.

    Make better connections, keep your eyes open, do for others --don't just do for you, and presto--good prices will find there way to you in time.
    And don't obsess over having certain titles (like TAF) - take the deals that come your way.

    Prices are high!
    Prices are going to stay high on all universally loved titles.

    -7
    #8 52 days ago

    Everyone said the same thing about Bitcoin ..houses and technology stocks

    -1
    #9 52 days ago

    And the higher end of the range is fine ..Im happy pay 1500 for a high speed

    #10 52 days ago

    There are deals to be had, you just gotta REALLY look for them, be patient and move quickly when they come up. I started buying pins in December and i have less in all four of my current pins than I could sell them for.

    #11 52 days ago
    Quoted from spikelou2:

    And the higher end of the range is fine ..Im happy pay 1500 for a high speed

    I sold a high speed for about that which needed a full refurb (and I sold the cabinet decals and playfield decals with it) . So... don't expect a lot.

    #13 52 days ago

    Crashes happen when a group of folks are in it for the money and/or leveraged, can't afford what they are buying (which usually has to do with buying to try to make money and likely borrowing to do so) or when a large group has to sell similar things to pay for basic "needs".

    Pinball have any of those things going on right now?

    #14 52 days ago
    Quoted from pinnyheadhead:

    Crashes happen when a group of folks are in it for the money and/or leveraged, can't afford what they are buying (which usually has to do with buying to try to make money and likely borrowing to do so) or when a large group has to sell similar things to pay for basic "needs".
    Pinball have any of those things going on right now?

    How much new purchasing can the ecosystem bear before those whales can't afford to suck up those games? And what happens when the lower priced market is saturated because those whales are selling games to fund the latest and greatest? I don't know if the insurgence of enthusiasts can pick up that slack especially with the price of entry into this hobby.

    #15 52 days ago

    Are prices higher or just the people!?
    D8F88F06-0371-4BC6-BFAA-F902F31FE045 (resized).jpeg

    #16 52 days ago
    Quoted from spikelou2:

    Just left Allentown prices were crazy and games where selling wanted to know if you think that we are in a price bubble that gonna Burst and leave us all broke .

    Google man, use it.

    #17 52 days ago
    Quoted from harryhoudini:

    How much new purchasing can the ecosystem bear before those whales can't afford to suck up those games? And what happens when the lower priced market is saturated because those whales are selling games to fund the latest and greatest? I don't know if the insurgence of enthusiasts can pick up that slack especially with the price of entry into this hobby.

    I see what you are saying. Keep in mind pins really have a small group of collectors. Tiny! Doesn’t take many new folks to keep it going. Think it has been around 100 years also. Pins are nothing new.

    And look who is coming in - Nerds! A bunch of “nerds” are coming into pinball. Alot of these nerds have good paying jobs in Tech, engineering etc and enjoy fixing things. They are coming in at “today’s” pricing. They are not going to be held back mentally on buying a $2500 T2 because they don’t remember when T2 was $1250. They were not around pinball then. That being said many of these new folks have no problem spending $7000+ on a game.

    And look around, pinball is a lower price collectible/hobby for what it is and 5X as fun as other stuff out there. What else are they going to do? Collect watches? Let’s collect high grade 1950’s baseball cards! Or ski! Golf! Buy a boat? Small batch bourbon. Anything along the lines of a $1100 Fire Power type bargain in that group?

    #18 52 days ago
    Quoted from Vino:

    Are prices higher or just the people?
    [quoted image]

    Havent seen that poster since I was 18!

    The Magic 8 ball answer to are we in a pricing bubble is:

    pasted_image (resized).png
    #19 52 days ago

    Nope, just a flow of new blood. Older collectors have no space so are only getting top tier games that are worth making space to have.

    #20 52 days ago

    I think the bitching and complaining will drive a few folks away from pinball.

    Maybe that is folks plan? Bitch a lot - which will keep newbies away and also drive current people away so they sell. They will sell cheap of course. The whiners will come in and suck of all the bargains up with no competition.

    #21 52 days ago
    Quoted from jhanley:

    I’m trying to buy a simple nice system 11 game .I have $2700 and can’t find shit.When you see somebody trying to sell a $200 dollar Roy Clark cocktail for $2500 I don’t think I’m gonna find something.Very depressing.

    Like System 11's? Mid-2K to spend?

    Saw the following at the 2019 Pinfest...

    Very nice Dr. Dude $2700
    Very nice BK2K (needed minor work) $2500
    Beautiful Taxi with a NEW HARDTOP installed $2800
    Gorgeous Jokerz $1800

    I consider these to be very fair prices now. They are not cheap prices, but fair prices.

    #22 52 days ago
    Quoted from spikelou2:

    Just left Allentown prices were crazy and games where selling wanted to know if you think that we are in a price bubble that gonna Burst and leave us all broke .

    Fact of Economics: Limited goods such as antiques experience an increase in value over time.

    E.g., like teddy bears

    Here is a real bargain available, for just under 6,000:

    ebay.com link » Teddybar Der Firma Steiff

    #23 52 days ago
    Quoted from KurtWehrli:

    Fact of Economics: Limited goods such as antiques experience an increase in value over time.

    Not exactly. Here in the US, antique glassware and furniture have taken a huge downturn in price. Most of the people interested in them are downsizing or passing away. There simply aren’t as many buyers.

    Based on the median age at pinball shows, I’d guess the same thing will happen to this hobby in about 15 years.

    But until that point pinflation will continue. The only thing keeping it in check is the large inflow of new games.

    #24 52 days ago
    Quoted from pinnyheadhead:

    I see what you are saying. Keep in mind pins really have a small group of collectors. Tiny! Doesn’t take many new folks to keep it going. Think it has been around 100 years also. Pins are nothing new.
    And look who is coming in - Nerds! A bunch of “nerds” are coming into pinball. Alot of these nerds have good paying jobs in Tech, engineering etc and enjoy fixing things. They are coming in at “today’s” pricing. They are not going to be held back mentally on buying a $2500 T2 because they don’t remember when T2 was $1250. They were not around pinball then. That being said many of these new folks have no problem spending $7000+ on a game.

    Shit, that's me.

    Almost every pin head I know is a programmer.

    #25 52 days ago
    Quoted from PiNDoCToR:

    Like System 11's? Mid-2K to spend?
    Saw the following at the 2019 Pinfest...
    Very nice Dr. Dude $2700
    Very nice BK2K (needed minor work) $2500
    Beautiful Taxi with a NEW HARDTOP installed $2800
    Gorgeous Jokerz $1800
    I consider these to be very fair prices now. They are not cheap prices, but fair prices.

    Did any of those sell? What about the BSD for 4995 ? Did that go

    #26 52 days ago
    Quoted from poppapin:

    Did any of those sell? What about the BSD for 4995 ? Did that go

    I don't think I saw any of those sell.

    [Edit]: Nevermind, guess I wasn't paying close enough attention.

    #27 52 days ago
    Quoted from poppapin:

    Did any of those sell? What about the BSD for 4995 ? Did that go

    Well, I bought the Jokerz for myself. I know the Taxi belonged to Ivan and it sold. Not sure about the Dr. Dude and BK2K.

    The BSD was from Doug Huse and was STUNNING! Yes, it did sell. I know he had it listed at 5K. Doug generally gets his asking price on games. He knows what is nice and does a more than proper shop job.

    #28 52 days ago
    Quoted from harryhoudini:

    Shit, that's me.
    Almost every pin head I know is a programmer.

    I am not one, but I know many many many. They rock

    #30 52 days ago

    It used to be the contents of a brown paper bag, these days a pinball machine has far better currency...

    https://www.smh.com.au/national/nsw/icac-hears-from-top-cop-over-alleged-bribes-and-a-spiderman-pinball-machine-20190428-p51hy9.html

    #31 52 days ago
    Quoted from PiNDoCToR:

    Like System 11's? Mid-2K to spend?
    Saw the following at the 2019 Pinfest...
    Very nice Dr. Dude $2700
    Very nice BK2K (needed minor work) $2500
    Beautiful Taxi with a NEW HARDTOP installed $2800
    Gorgeous Jokerz $1800
    I consider these to be very fair prices now. They are not cheap prices, but fair prices.

    The Ali with a lot of backglass cracks was up for 2000 plus. Add the guy with data east star wars for 6000 without any color or pinsound and tspp for 6500 I think some of them just want to save 40 bucks

    #32 51 days ago
    Quoted from Anonymouse:

    The Ali with a lot of backglass cracks was up for 2000 plus. Add the guy with data east star wars for 6000 without any color or pinsound and tspp for 6500 I think some of them just want to save 40 bucks

    Or perhaps they weren't that interested in selling but posted a "make me an offer I can't refuse" price

    #33 51 days ago
    Quoted from PiNDoCToR:

    Well, I bought the Jokerz for myself. I know the Taxi belonged to Ivan and it sold. Not sure about the Dr. Dude and BK2K.
    The BSD was from Doug Huse and was STUNNING! Yes, it did sell. I know he had it listed at 5K. Doug generally gets his asking price on games. He knows what is nice and does a more than proper shop job.

    Yea, I played that & it was awesome!!

    #34 51 days ago

    It’s called supply and demand. Also inflation plays a role. Move along.

    #35 51 days ago

    Any day now the pinball market will collapse. Just like it did last year, and the year before, and the year before, and.....

    I think in order to make sure it happens everyone on pinside should collectively whine about the market and continue to price police

    #36 51 days ago
    Quoted from pinnyheadhead:

    They are coming in at “today’s” pricing. They are not going to be held back mentally on buying a $2500 T2 because they don’t remember when T2 was $1250. They were not around pinball then. That being said many of these new folks have no problem spending $7000+ on a game. And look around, pinball is a lower price collectible/hobby for what it is and 5X as fun as other stuff out there.

    I think this is spot on. I meet many new to the hobby people and most of them are happy with the prices because they don't have that mental block as us that have been in it for decades or years. Also, many new buyers are buying games for the FUN factor. Not hung up on how challenging a game is, how deep the code is, where the game is rated at.

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