(Topic ID: 331760)

Foo Fighter and JJP Pricing and Quantity

By iceman44

1 year ago


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  • 81 Pinsiders participating
  • Latest reply 1 year ago by jgentry
  • Topic is favorited by 10 Pinsiders

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    #54 1 year ago

    I don't know if you can call it demand destruction in this scenario. We are in a really weird time in our lives. Inflation is the worst it has ever been since the late 70's/early 80's. Home interest rates are now 7% plus on median homes of $300K. A loaf of bread is $3 to $4 dollars. That new soccer mom mini-van will now cost you $50K . I don't know what to call it, maybe the "fringe disposable incomes"? But they are now gone. There is always going to be a certain percentage of disposable incomes, but just how much are they going to continue to buy? The collection cannot get larger if the space to have such collection stays the same. If you have to sell a game to buy a game, you are taking another potential NIB buyer out of the market with the game you sell. Honestly, I believe the market will cap itself and companies like Stern & JJP will have to figure it out. I do believe STERN is on a path of uh oh, and it could kill them.

    This hobby is not your 20's something lifestylers buying these machines for their collection, this is a 40's and up homeowners collectible. There is a bubble, but it will not be the price bubble everyone likes to talk about. It will be the next "whatever" that knocks pinball off of it's pedestal again.

    #65 1 year ago
    Quoted from Rewdood:

    20s something HVAC contractor here buying these machines for my collection. Just bought one from another 20s something the other week. There's plenty of new blood in the market, especially first time homeowners. The problem is the old fashioned mindset "I do everything my way and if you don't like it, hit the highway" that is ever so prevalent and toxic in the used market; because as soon as someone gives me a reason to not want to meet them I'll go find something else and they can struggle for another month to sell their 30 year old machine for 20% over last years average sale price

    I think you are the exception and not the norm? I could be wrong, but damn, good for you man! I was in my 20's raiding warehouses and buying solid states for $50 to $100 a crack.

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