(Topic ID: 316199)

It appears the insanity is ending

By glasairpilot

1 year ago


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  • 350 posts
  • 128 Pinsiders participating
  • Latest reply 1 year ago by RyanStl
  • Topic is favorited by 11 Pinsiders

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    65
    #5 1 year ago

    Apologies, it's been a while, and you just teed it up way too nicely.

    It has appeared that the insanity has been ending for at least 23 years:

    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-

    2020:
    https://pinside.com/pinball/forum/topic/prices-dropping-

    2021 (this year was a fuggin BANNER YEAR for price bubble threads...maybe it's something in the vaccines! here's a pathetically partial list):
    https://pinside.com/pinball/forum/topic/pinball-pricing-bubble-due-to-covid-one-nine
    https://pinside.com/pinball/forum/topic/similarities-with-pinball-market-amp-the-2008-housing-crash
    https://pinside.com/pinball/forum/topic/next-pinball-depression-
    https://pinside.com/pinball/forum/topic/how-to-feel-about-these-exorbitant-pinball-prices/page/2#post-6254131
    https://pinside.com/pinball/forum/topic/pingreed-is-a-cancer-is-there-a-cure
    https://pinside.com/pinball/forum/topic/prices-of-pinball-machines-today#post-6229413
    https://pinside.com/pinball/forum/topic/pinflation-or-inflation
    https://pinside.com/pinball/forum/topic/price-gouging
    https://pinside.com/pinball/forum/topic/f-you-stern-and-your-price-increases
    https://pinside.com/pinball/forum/topic/are-pinballs-the-beanie-baby-craze-of-the-2020s
    https://pinside.com/pinball/forum/topic/we-have-jumped-the-shark

    2022:
    https://pinside.com/pinball/forum/topic/it-appears-the-insanity-is-ending#post-6954499

    19
    #9 1 year ago
    Quoted from acedanger:

    [quoted image]

    ANd here I had everybody thinking I typed that up freshly every time!

    Foiled again by another Pinside Columbo!

    #14 1 year ago
    Quoted from schudel5:

    Summer. Everyone is out doing other fun stuff right now. Oh...and $20k by Christmas.

    No, the new saying is "$200 by the All-Star Break"

    15
    #23 1 year ago

    Virtual pinball?!?!?

    The insanity, it appears, is just beginning!!

    #74 1 year ago
    Quoted from MtnFrost:

    Sherlock? Monk? What is the latest detective reference?

    Mannix?

    #80 1 year ago

    Guys, Guys, the majority of people on Pinside are incredibly young and hip and are simply not going to understand name-drops of these ancient TV cops/detectives!

    Try and aim for something a little more relevant, as most things pinball are up-to-the-minute cultural references.

    Crockett and Tubbs?

    #83 1 year ago
    Quoted from guitarded:

    I've often considered buying a Hollywood Heat, throwing away all of my socks, trading my truck for a Pontiac Fiero w/ Faux-rari Testarosa ground effects and living the full Crocket and Tubbs lifestyle.

    Remember when they sold those ridiculous fake out car kits at the airport?

    Of course you don’t, you youthful Gen Z Pinsider!

    #138 1 year ago

    People don't exactly go to a Pawn Shop when they have the time, ability, and freedom to milk every last buck out of something they are selling; they do it when they need cash, now, quick, with as little friction as possible.

    There must be a reason the industry exists and thrives; it's because there's a need/want for it. I don't begrudge these folks! It's a mostly-honest living. Sometimes you need money yesterday to pay the electric. Sometimes you need to hawk a bass because you really, really need some heroin. To each their own!

    As for the TV shows, we all know it's completely scripted nonsense that has very little bearing on reality nor the actual pinball market.

    Not that anybody needs to read this to know that, but here's a shocking expose on the world of pinball and reality TV! Prepare to rethink everything you know about life:

    --------------------
    rec.games.pinball
    2010, 7:06:39 AM

    I'm sure many of you have seen or at least heard
    about the Bally Odds & Evens pinball that was
    on the History Channel's Pawn Stars show recently.
    (Could not find a YouTube video of this unfortunately.)
    In case you haven't, basically it's a reality show
    about a pawn shop in Las Vegas. A guy dragged
    a 1973 Bally Odds & Evens to the pawn shop
    (disassembled), and the pawn guys bought it
    for $1000. Then they paid a guy $3000 to "restore" it.
    At least that's how it was shown on the TV program.

    Anyway, I was wondering why Tim Arnold (of the
    Pinball Hall of Fame aka PHoF in Las Vegas) didn't
    get the call for this.

    But in fact, he did get the call. I talked to Tim
    and he said: "The pawn shop called me and
    asked if I would restore a game for them. I told
    them I just didn't have time, and that was the
    end of the conversation. I have NO idea this was
    for the Pawn Stars show. I obviously would
    have taken the free publicity for the PHoF, and
    done the game restoration if I had known."

    So who did get the call? Turns out the guy's
    name is Micheal Scott. He's from California,
    and within the last few years moved to Las
    Vegas. Tim says he constantly runs ads in
    the Las Vegas Craigslist for EM games and
    doing repairs. And often you see him running
    ads for plastics sets and parts on Mr.Pinball
    classified.

    I asked Tim about the show, and he had some
    details. "Everything was scripted ahead, including
    the pricing." I asked Arnold if Scott really got $3000
    for basically a $200 'shop job' on the pinball game.
    Tim says, "Again this was all scripted. Scott
    knows what that game is really worth, and how
    much his shop job would really cost. But the
    TV producers feel things that are expensive
    add more value to the story line. So the pricing
    was dramatically inflated to reflect this."

    So there ya have it. It's not reality, it's TV.
    And higher priced items make for a better
    story line. Sure we all know what the game
    is worth, and how much the work done on
    the machine should cost. But prices are
    manipulated to give a more interesting show
    for the general public. Reality shows are not
    reality. And this is yet another in that
    manipulation of reality.

    My personal feeling on the show is if someone
    called me, and asked me to inflate values
    of an item and restoration cost of an item...
    Well i would tell them to take a hike. (Present the
    item correctly, or find someone else.) But the
    intoxication of doing a national TV show and
    the pressure from show producers, apparently
    it was too much to refuse.

    #161 1 year ago

    Any chance you can keep this (cutesy redacted bullshit) to the multiple dumb (redacted) threads with the same 3 cronies instead of bringing them everywhere else?

    I mean, you aren't banned from ALL the redacted threads yet, are you?

    #162 1 year ago
    Quoted from graffixpinball:

    Personally, I expect a bust with pinballs starting in 2023 and on. I hope I am wrong, but the good thing is pinball always seems to prevail, a downswing won't last forever.

    It took a Hell of a word salad to get there, but I do like that you are giving us a solid prediction!

    You heard it here first folks, bubble is set to burst in 6 months!

    #187 1 year ago
    Quoted from Crash:

    I find it interesting that it took an economic recession to finally, FINALLY, pop the price bubble. People are spending much more on basics like gas, food, rent, vehicles, mortgages, and utilities and can no longer afford to charge these kinds of prices. The games will not sell unless they come back down to earth. Sellers need to sell to pay for other things, buyers can't afford what they are asking.
    And even then it will be difficult to move them as time goes on and this inflation and recession gets worse. This hobby is entertainment, not an investment.

    Ok, so one guy says the bubble will burst on January 1, 2023, but this one claims the bubble has, in fact, already burst.

    Well, it was a good run. But it’s over. Time to dump all my shit.

    Anybody want a nice TZ for $4,000?

    #199 1 year ago
    Quoted from rotordave:

    Here’s what’s gonna happen.
    Here in NZ at least - and I guess everywhere else.
    - lots of rich people in Pinball. They’ll keep doing their thing. Unicorn titles and “rare CEs” will still stay at high prices.
    - the guys who got into the hobby during COVID - after their new toys sit there gathering dust for 6 months, 3/4 of them will sell up and move onto the next “thing”. They’ll try and get their (high) purchase price back - after a month or two of no takers they’ll drop the price down to sell, and move on.
    - higher food, gas and mortgage payments will force a lot of people to reassess buying every new NIB purchase. People will still buy them - but not every single title. The aftermarket markups for NIB flips will drop back as the market cools, and supply catches up to demand.
    - the lower end of the market (most EMs, average SS, projects, less desirable titles) will drop back in price as the competition to buy them cools off.
    Whattya reckon Levi? Pretty good?
    rd

    I like it, but it would really drive it home if you can give us a timeline.

    Summer, ‘25? Earlier?

    #260 1 year ago

    I sold two games this week within 30 minutes of posting them on Facebook.

    But lets keep pretending the bubble has burst and everybody is selling everything they own in mass panic because there’s a recession and gas costs $5 a gallon.

    Whatever makes ya feel better!

    #277 1 year ago

    Can't they just take some that water out from the fountains at the Bellagio? They got plenty!

    #281 1 year ago
    Quoted from Whynot:

    Apparently the insanity is not ending for those looking for a Munsters LE!
    https://pinside.com/pinball/market/classifieds/ad/136707

    Munsters is one of the great Pinside-defying games.

    Everybody hates it. For about 3 years it was referenced in every "Dark night for Stern" thread.

    Yet...it was actually a big hit and a huge seller for Stern. You hardly ever see them come up here for sale.

    I know nobody will ever be convinced, but Pinside still represents only a very small, die-hard portion of this hobby/market.

    Stern Star Wars was another huge seller, despite the common wisdom around here.

    #284 1 year ago

    I know several satisfied Sean "The Storm" Grant students!!

    #287 1 year ago
    Quoted from snaroff:

    This weekend, I had my neighbors over for the first time...he is not a collector/enthusiast, but happens to have a Munsters Pro he bought from the local retailer (next to his pool table in the game room). When he played my collection, he turned to me as said how much fun he had, and that Munsters wasn't much fun by comparison. I told him Munsters lasted 3 months in my collection...shortest of any Stern (by far). Munsters is a dud, and even though this is only one non-Pinside dude, it struck a chord with me. Munsters is an outstanding license, which is why he opted for it. That's why it was a big hit...I'm sure there are many sitting in game rooms that rarely get played. Consumers like him just aren't motivated enough to switch things out when they are unhappy. I plan on prodding him to get something better, so he can at least enjoy the one game he has!

    The Fred Gwynne is always greener on the other side!

    17
    #299 1 year ago

    It's so weird how Turbo2nr gets triggered by someone saying GZ is anything less than the greatest thing every created, ever.

    It's like someone going off on somebody who doesn't like chocolate ice cream, or sex.

    It's like...almost everybody does! You are never gonna get 100 percent on anything.

    There are people who like Yoko Ono music.

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