When I get down about the state of the world, Pinside lifts me up.
Quoted from ArcadiusMaximus:Valentine's Day.....bummer...
When I get down about the state of the world, Pinside lifts me up.
Quoted from ArcadiusMaximus:Valentine's Day.....bummer...
Most economists use the pinball sales per capita indicator as a way to judge for recessions. We're all F%$&d!!
Baring a world wide social fabric collapse I think pinball will be around (in some way) for several decades to come. Worse case, no pinball in 20 years. I'll be almost 70 then, and I should be okay with whatever I have sitting around my house by then. Sucks for the young crowd - but they probably won't miss it that much anyway.
Disclaimer: Yes there are some kids that love to play mostly because Dad and Mom has them in their house - but those will be far and few.
Oh well, life goes on. I still have football to watch (for now), poker and bourbon to round out my free time
EDIT: I also enjoy watching others go down this ride on Pinside (as long as it is around)
Quoted from Goronic:Baring a world wide social fabric collapse I think pinball will be around for decades to come.
I'm kind of interested in seeing the baring a world wide fabric collapse would cause.
(Of course, I'm sure the OP meant "barring" a collapse.)
Quoted from littlecammi:I'm kind of interested in seeing the baring a world wide fabric collapse would cause.
Quoted from Oneangrymo:With all the market ads Im seeing, it feels and looks like a lot of people are selling and getting out of the hobby?
Just keep posting this every six months. Eventually you'll be correct, even if it takes a decade or two. And in the meantime you'll continue to cheese off Levi, giving everyone the pleasure of watching him light you up. A classic win-win.
Quoted from CrazyLevi:Add it to the pile:
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-
pretty crazy you pulled this all together.....and quickly.
Quoted from fosaisu:Just keep posting this every six months. Eventually you'll be correct, even if it takes a decade or two. And in the meantime you'll continue to cheese off Levi, giving everyone the pleasure of watching him light you up. A classic win-win.
I don't know what to do at this point besides copy and paste the 20 years of price bubbles threads.
The price bubble posters have far more stamina than I do. I'm losing my will to defend so I think they just may win this war of attrition.
Or...I guess the bubble could just burst already? History hasn't been kind to that expectation so far though.
Quoted from delt31:pretty crazy you pulled this all together.....and quickly.
Nah that was term paper project from several price bubble threads ago. Lets just say productivity was fairly low on that day.
Quoted from CrazyLevi:The price bubble posters have far more stamina than I do. I'm losing my will to defend so I think they just may win this war of attrition.
Quoted from jackd104:Yes, riiiight about.... now! There, that was the peak. It’s all downhill from here.
But which way downhill?
58287314-274C-466E-A16B-EA7AF196C8B5.gifIf the leg-less Baywatch didn't kill pinball, nothing will!
Best first 3 posts in the history of Pinside. Good thing I’m not a mod, as i would have locked the thread down immediately after Levi’s post!
I am not good at math. So when I joined pinside over 8 years ago I was member # 6607. Last member that joined today that I saw is # 64946. Does that mean the hobby is collapsing and shrinking?
Please let me know so I can run for cover.
Quoted from bladerunner:I was member # 6607. Last member that joined today that I saw is # 64946.
more telling would be how many of those 58K that joined during the last 8 years are still around.
I see pinball collecting as a multi-level platform that ladders both up and down.
Like anything else, people with more income buy the higher-end pins and those without the means buy lower-end pins. Those that can fix them up, like to repair, or can only afford "better" pins by repairing them do so...and often sell to higher end buyers. Space concerns cause trade ups or trade downs.
The prospect of a new pin or sought after machine cause people to sell, trade, and save up to get into them.
No...i don't think that pinball has peaked. I think websites, barcades, podcasts, forums, and the like have brought it more to the forefront. We see more sales and buys than ever before. That is the sign of a solid collectorship...not one that is deteriorating.
Quoted from jorro:Ehhh ok but how?[quoted image]
I am only upvoting this for the picture of the chick.
Quoted from Oneangrymo:With all the market ads Im seeing, it feels and looks like a lot of people are selling and getting out of the hobby?
You're probably right. I'll call STI and move all your games out next week. What do you say, five hundred bucks?
Quoted from woody76:if you are always worried about the value of a game or losing money then there is no way to enjoy them. I would rather own none than worry about value in my games all the time.
No chit.
Quoted from TwoHeartedMale:Not sure what your baseing this off, I've only seen prices rise since I joined over 5 years ago.
I have seen the same thing in the last three years.
The economy is roaring, people have money to spend on toys. If the economy tanks look for it to go the other direction.
It is an interesting dynamic that when (insert brand here) releases a new title there is a spate of pins that go up for sale to finance the new purchase or just make a spot in the line up for it to be inserted.
I have not made up my mind yet how this dynamic effects pin prices downstream.
Quoted from Gatecrasher:I thought pinball peaked in 1981.
It did.
AC46FFD6-683B-4ACD-9403-7BCCD4B38B08 (resized).jpegQuoted from gdonovan:The economy is roaring, people have money to spend on toys. If the economy tanks look for it to go the other direction.
This seems logical, but as Eli has pointed out once or twice, pinball prices didn’t decline when the economy went to hell in 2008. The pinball market is different now with all of the active manufacturers, but history suggests a recession is not guaranteed to bring down prices.
Quoted from fosaisu:This seems logical, but as Eli has pointed out once or twice, pinball prices didn’t decline when the economy went to hell in 2008. The pinball market is different now with all of the active manufacturers, but history suggests a recession is not guaranteed to bring down prices.
Toys are always first on the chopping block when funds get tight.
Paying mortgage and other necessities does tend to focus ones spending priorities.
Quoted from gdonovan:Toys are always first on the chopping block when funds get tight.
Paying mortgage and other necessities does tend to focus ones spending priorities.
Seems intuitive, but by all accounts that didn’t happen last time around.
Quoted from fosaisu:Seems intuitive, but by all accounts that didn’t happen last time around.
Let me get this straight-
1) Economy is good, pin prices climb up.
2) Economy is bad, pin prices go up as well?
One of these statements cannot be true.
If prices are RISING now as they surely are (I have purchased 43 pins in the last three years and can attest to it) then they were at a much lower point just three or four years ago. In the NE region I'd wager prices have doubled in the last two years easy. Very easy.
The reality is the market was saturated with pins a few years back and money was tight and it is going the other way now. Maybe a few select pins held value, there are always a few players in a market that have money to buy regardless of economy. See the same thing in automotive circles. Joe Average pin guy isn't going to blow off paying his mortgage though when times are tight and buy another pin.
I found myself thinking about Spooky the other day and how it seems like all the buzz talk about them has really quieted down....and not sure why it been quiet
Quoted from gdonovan:Toys are always first on the chopping block when funds get tight.
Paying mortgage and other necessities does tend to focus ones spending priorities.
Quoted from fosaisu:Seems intuitive, but by all accounts that didn’t happen last time around.
Yeah, but I'm thinking there are a lot of old farts like me who have retired and need something to do. And we discovered pinball as nice relaxing stay-at-home hobby. Good for the hand--eye coordination exercises.
Many of us have no debts to service. The pension and social security checks come in every month like clock work. The economy can go to hell but we still get our pension checks and don't have to sell to cover the bills.
Maybe something will happen in 2035 when social security--as we are being told--will run out of money.
Quoted from gdonovan:Let me get this straight-
1) Economy is good, pin prices climb up.
2) Economy is bad, pin prices go up as well?
.
Were you around for the previous recession?
Pin prices didn't continue to climb, but they didn't drop either. For the most part people just held on to their stuff and rode it out.
Pinball people are incredibly stubborn, vindictive and petty when it comes to selling games - will take a lot more than a little ole recession to make a serious dent in the used pin market. The idea that a silly little 2 year recession is suddenly gonna destroy pin prices is just a long-running fantasy of pinheads, like winning the lottery, or discovering a stash of NIB Indiana Jones in some old lady's garage.
Quoted from gdonovan:1) Economy is good, pin prices climb up.
2) Economy is bad, pin prices go up as well?
One of these statements cannot be true.
Don't know where you been
Quoted from gdonovan:If prices are RISING now as they surely are (I have purchased 43 pins in the last three years and can attest to it) then they were at a much lower point just three or four years ago.
Hell, man, you have been driving the prices All of the sellers can see you coming
Quoted from gdonovan:there are always a few players in a market that have money to buy regardless of economy. See the same thing in automotive circles.
Yeah. A bunch of old men who have sold their businesses or who have cashed in their golden parachutes. Too much time on their hands. The old lady has passed on. Too old to screw;Too old to care. Money to burn. No problems with picking up some sweet young thing who likes to travel and shop-til-you drop as the couple makes the rounds of the high dollar car shows around the country.
Every time that 1962 Farrari GTO changes hands it is always for a higher price than it sold for the last time.
Quoted from cottonm4:Hell, man, you have been driving the prices All of the sellers can see you coming
I have tried to be selective in the last year, only picked up 10. Colson talked me out of two last night, so there is something.
Quoted from gdonovan:I have tried to be selective in the last year, only picked up 10. Colson talked me out of two last night, so there is something.
What were the 2?
Quoted from Daditude:That narrows it down, lol
I might change my mind, no sense tipping my hand.
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