(Topic ID: 171125)

Increasing Prices: Good for Pinball

By brundaged

7 years ago


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  • 294 posts
  • 95 Pinsiders participating
  • Latest reply 7 years ago by LTG
  • Topic is favorited by 5 Pinsiders

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#161 7 years ago

And the fault of these prices is from the people that buy at these prices. Just say no to a 15k pin. It's absurd!!

#169 7 years ago
Quoted from brundaged:

It seems unhelpful to get upset about how markets work. The markets won't change.

I get upset because my beloved hobby is turning into an elite hobby. Something for the rich.
My last NIB pin was 5.5k but I can't afford a 9k NIB pin. So this means I'm out of the elite and will be stuck with "older" pins. Yeah this is a pretty good reason to get upset about.

My other hobby is surfing. A NIB surfboard goes from 300€ to 500€ since I started surfing, which was 20 years ago. If for some reason these prices would start to go up and get to the point where a surfboard was 3k I would have to stick to an old board forever. That would make me very upset...

#182 7 years ago
Quoted from brundaged:

there should be room for everyone in the used market for a long time to come

The problem is that as the nib prices rise, the used market rises as well. You can't buy an AFM for less than 3 times it's nib price.

How is this good for pinball? It's good for whoever deals with pins, buys and sells for profit. And it's good for the manufacturers also as they keep pushing their prices up so the profit must be going up (I guess lol).
This is definitely not good for someone like me that only likes to play pinball... I guess I will surf more and play less in the future, but this makes me angry and sad to see where my hobby is going.

#185 7 years ago
Quoted from brundaged:

Its good if higher price means the demand has gone up. More people interested in pinball is always good.

I'm not an economy specialist but I always heard these kind of stuff in college:

demand goes up ---> prices fall down
-> If the demand goes up that means the production needs to go up and that means less production costs and more profit. Therefore the price must go down unless you are a bastard of a company.... which is what Stern is showing us.

production goes up ---> prices fall down
-> Again if you produce more you lower your price and still manage to increase the profit because of the production costs, etc.

What I see in the market is both demand and production are going up very fast. But the damn prices keep going up.
I don't see where this is good for pinball in general.

Companies like Ferrari keep their production units low so they can keep the product more exclusive and therefore more pricey. You see this happen with the LEs. But keeping the non LEs at this price rise will make the market explode someday, and then you will see a drastic price drop. And the ones that will suffer more with that are the ones that are buying at these ridiculous prices.

#189 7 years ago
Quoted from brundaged:

That's really only true in the long term, and only in markets for commodities (things that everyone needs and there are lots of options).

We really need an economy specialist here
I would love to know more about this pin market phenomenon

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