Quoted from Pinballmike217:Every dealer has their own strategy and you can't fault them for it. Automated does not wholesale, they sell for full retail (or more). They are not hoarding, they are just waiting for full value. Pinsiders are lucky that some dealers cater to them by wholesaling, not all dealers can do that as they have big overhead.
Stern does set a MAP price but cannot legally tell their distributors what to sell for. Price fixing is illegal.
Stern doesn't tell their distributors what to sell for because their distributors wouldn't be able to sell any pins at MAP, vertical "price fixing" is not illegal per se under the Sherman anti trust act and is commonly done in a retail sales environment to maintain a msrp, happens all the time, the illegal part would be if JJP and Stern got together as competitors and agreed on keeping prices artificially high in the pin market, that will never happen.....
I agree that every dealer should implement their own strategy, when I bought my first pin from Automated, a Lotr Le, it wasn't even close to "full retail", they were blowing out their inventory.....what Automated does is sell a certain amount of their inventory at a discount to compete, what fool would pay full retail when others sell it at "wholesale" (which is really not wholesale).
As most know, what Automated does is buy large volumes of popular LE's, sit on them, help create an artificial demand to drive up prices, pump and dump, and then try and unload them for stupid prices that they rarely get, everything is negotiable.....
The problem is the hoarding of these pins in an attempt to drive up market prices and unload onto the chasers, not illegal, just their strategy and why I wouldn't buy from them again......
If Stern has a MSRP and a dealer has inventory, should Stern force them to sell at MSRP at least?
Automated sells plenty of pins at "wholesale" and then reserve quantity when they have helped artificially drive up demand, and that's just the system