(Topic ID: 84076)

My first year experience as a pinhead...fun had and lessons learned (long)

By VolunteerPin

10 years ago


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    #1 10 years ago

    Not that anyone necessarily cares, but I thought I'd share my one year anniversary as a pinhead by breaking down my pin-ownership experience and decisions over the last year. It has been a wild ride for sure and one in which I've learned some lessons. As you will see, I jumped in with both feet into this hobby and I am hoping that with a couple of slight changes to the line-up in the near future I'll be able to stay more stable.

    My main lessons learned:

    1. Pinball is crazy fun to play
    2. Don't get caught up in the 'have to have it now' mentality...it WILL cost you
    3. Try not to get caught up in trading pins just because of 'value'. I've regretted a couple of decisions I've made based primarily on this criteria
    4. Figure out for yourself how much is 'enough'. I have found myself to be very fickle and have spent WAY too much time and energy trying to "wheel and deal" My desire is to simply get a great pin lineup that I can play and enjoy with family and friends. I am still learning this and have not yet arrived.
    5. See pins before you buy them if possible. I've not followed this rule well at all but one I really want to do better at in the future. That said I still have a couple of pre-orders out there and I've been happy with the pins that i have had shipped to me.
    6. This hobby is very addictive. I thought I knew this fact before I started (from talking to folks) but I had no idea.
    7. You can meet GREAT people in this hobby. As a group, Pinsiders are a very helpful people. I've learned A LOT from them and certain folks (you know who you are) were VERY helpful to me one year ago as I was getting ready to enter this hobby.

    So, here is it is:

    March 2013: I purchased my first two pins. Tron Pro (NIB from Buddy - Buddy has been EXTREMELY helpful to me over the last year) and LOTR. The Tron I paid $4700 for him to have it brought down to my house and set up for me. The LOTR I thought I was getting a HUO pin pin and when I met the guy at a neutral location I did not really look over the pin really well. When I got home, the pin was clearly a routed machine. (I don't fault the seller. I was new and simply did not ask the right questions or look over the pin.) As a newbie, I was loving every minute of playing these two great pins!

    Later that same month, Rob (Gwaxt72) sold me a really nice MM that I paid $12,100 + shipping. I purchased that MM because of its high rating and belief that its value would continue to climb. Gecko and Pinchroma had seen the pin and helped me immensely in making such a large purchase sight unseen. I had played it on the pinball arcade and loved it. That MM became the family favorite.

    I decided to sell the LOTR and upgrade it to a really nice HUO example. So, I sold it sometime that spring (I think in the low $4k's range...don't remember for sure) and purchased Skooter's HUO heavily modded LOTR LE for $6500 + shipping. I knew that LOTR was going to be a LOOONG time keeper in my collection and so I bought the best one I could find.

    Last summer I went on my first pin-trip and picked up a dirty HS for $650 and a HUO POTC for $4000. The HS was my first (and only) 'restore'. I learned a lot on this low-end restore (basically an in-depth shop job and some new caps put on the power board (a skill I had to learn from scratch). The HS had a lot of pf wear and the game play for me was not as fun as I imagined it would be. I ended up selling it last fall for $900 (basically a wash financially from what I put into it). The POTC I ended up selling for $4900 as the game was just not that great imo and I was in the 'wheeling and dealing' mindset.

    Also during late summer, the hype about WOZLE was at a fever-pitch and I just 'KNEW' i had to have one. By this time my family's interest in playing pinball was waning and I thought the WOZ would get them back playing with me. A fellow pinsider was facing some difficulites and I made another expensive spontaneous decsion to buy his pre-order for $8700 with shipping scheduled in a week or so. I also agreed to get his TZ but then he found another possible buyer for the TZ and I had him go ahead and sell to the other interested party. So, I officially 'owned' a TZ but actually never even saw it.

    The same day I sold the POTC I saw an ad for a super nice White Water. Making another very spontaneous decision, I purchased it for $5000 delivered to my house.

    In April last year I went ahead and put in my deposit with JJ for the STLE which, of course is in my house now.

    While on vacation to Hilton Head last year the MMR announcement came out. A local pin buddy texted me to let me know. Truth be told, I got scared the value of one of my favorite pins was going to drop off. So, I put it up for sale or trade and ended up trading it for four pins: FT, TAF, DM, and TFTC. I currently still have the TAF (which is in pretty good shape and is a decent player's pin). I did put in a MMR pre-order at the time. My decision to trade the MM was soley based on fear of decreased value. We miss it.

    I had to move out of my house in December due to construction and so I did not have a great opportunity to play my pins or really upgrade the STLE or WOZ to the newer codes. (lol, have been living with my in-laws over 3 months! - currently have my TOTAN, WH20 and AC/DC here at his house)

    My local buddy (a guy who I've come to really value as a friend and who I would have NEVER met had it not been for pinball since our walks of life are VERY different) offered me a trade for his AC/DC Premium which was heavily modded for the DM, FT, TFTC. We also swapped White Waters (WH20 is a grail pin for him and he had one but mine was nicer). With that trade I thought I would be pretty much done which my craziness.

    However, as much as I like the AC/DC I just didn't feel like it would be a long-time keeper (based on theme mainly) for me and currently have a trade + cash pending for a restored IJ with cc'd pf, brassed up, new decals, etc.

    Whilst marketing my trade for the AC/DC, I received an unsolicited offer for my WOZLE. Mainly because the TOTAN was SOOO nice and the value of the WOZLE's were dropping a lot, I decided to make the trade. My TOTAN is sweet, but I will probably be selling/trading (+cash) to free up money.

    So, my current situation finds me cash-poor as I've spent too much money on my house addition and theater and on my pins. I need to purchase a lot of A/V equipment. So, I have the current possibilities on my line-up...my desire truly is to get my lineup stable.

    TOTAN for sale/trade (+cash)
    White Water possibly for sale or trade
    Pending trade on the restored IJ for my AC/DC
    MMR on pre-order
    Hobbit LE on pre-order

    Crazy that in one year the following pins have been through my collection:

    LOTR, Tron Pro, LOTR LE, MM, HS, POTC, FT, DM, TFTC, TAF, WOZLE, TZ, White Water (x2), AC/DC Premium, TOTAN, IJ (pending), MMR (pending), Hobbit LE (pending)

    Is it any wonder that my wife is starting to get pretty fed up with this hobby?

    Definite long-term keepers in my collection are the LOTR LE and STLE if I had to have only 2 pins. Lucky for me (at least for now) my finances don't dictate that I have to do a big-time sell off. Hopefully the MMR and Hobbit won't release for a while so I have some time to see how my finances are when the piper comes calling. I think I would like to have both if possible.

    If you made it through this wall of text, I hope you enjoyed a little insight into my craziness. t will be interested to see how the next year goes.

    #3 10 years ago

    I would still love to meet you sometime. My craziness HAS to slow down! I feel like I'm only a transaction or two away from being able to be still.

    That said, I do REALLY enjoy playing!

    #8 10 years ago
    Quoted from PapaJohn:

    Well, its just pinball. The older 70's to early 90's games are very entertaining, costs much less and give the owner a chance to restore/upgrade them as wished. Many of the older EM pins are great fun to play too. Getting caught up in the 'I've got to have the latest pin' or a high end resto on a newer pin in my opinion will cause some second guessing about the hobby and the money one has spent on it. Its just pinball and the older pins have a great benefit, the ball is most always in play meaning you don't have to stop your gameplay to watch a DMD show. John

    I wish I had access to try out pins in that genre. There is a colleague at work who has some EM's but I'm not so sure they are all working. I need to try to go over to his house some time and check them out. I think your advise and possibility about second guessing is accurate. That said, I do enjoy the pins I have.

    #11 10 years ago
    Quoted from Jokercyclone:

    I'm assuming you must be in shape thats a lot of work moving that many pins. Or you have a super easy entrance . There are just so many choices out there and so many good pins. I hope your wife comes around a bit and really enjoys pinball too . Nice to hear from someone so enthusiastic about pinball.

    Both.

    In my new addition the pins will be going in a loft so I picked up a used Escalera for when that happens...hopefully in the next few weeks.

    #16 10 years ago

    Looks like it is time to update your collection list! Can't wait to see the JD.

    #22 10 years ago
    Quoted from zarco:

    Great story and one that newbies should read. Having been in the hobby for a lot
    longer, I'd add a few items to things learned;
    * never sell pins to someone that can't fix them
    * learn how to repair your own games, it'll save you lots of $'s, allow you to
    get games you othewise might not buy, and add another level of fun & challenge
    * you will only discover you have too many pins when you buy one and
    can't find a place to put it
    * don't limit your collection to one era....pinball has been a fun and challenging game
    since its start in 1931
    * trying to make money off of the hobby by putting pins on location is a good
    learning experience but few will be succesful at it
    Steve

    I have had to learn how to solder. I can now successfully put in a remote battery holder (one that I've made), change out a diode, reconnect a wire, replace a switch, replace a capacitor on a board and do some low level trouble shooting. I've failed at trying to do more intricate board work and had a board sent out for repair (best $70ish I've spent on pinball, lol). I have a lot to learn still but I feel like there are a couple of notches in my 'man card' which were not there previously.

    1 week later
    #28 10 years ago
    Quoted from NJGecko:

    Funny, I totally forgot about that MM!
    I've learned a lot of the same lessons...amazing to look back and realize how quickly you learn and how you learn things the hard way.
    I think all of us have some regrets about selling machines or trading for what seemed good at the time. Few years ago those $2k TAFs were everywhere...
    And the HAVE IT NOW mentality will cost you, but there is a definite tradeoff. So you spend a little more...but you get to enjoy the pin for that much more time. The funny thing is that sometimes it's the opposite. What were TRON LE's when NIB? $5600 if I remember? Yeah...try finding that now. I passed up on a NIB one in 2012 for that price!
    Still,a great story to read, and one I think many many of us can relate to!

    I can't tell you how consoling it was as a newbie getting ready to spend over $12k on a pinball machine to have another pinsider give me an objective look over on it.

    I think Pinchroma's new thread about how well he has been treated basically sums up the great positive attitude by many, many people I've come across.

    Quoted from Atomicboy:

    That's a tough one. When I started, I passed on some titles I recently picked up, as they were going for $1000-$1,200, and someone wanted $1300-$1500. I thought it was the smart thing to do at the time.
    Flash forward, and I'm now paying $2,500-$3,000 for these same titles, and that's IF I can find them. My honest opinion on this is buy them all and sort it out later. Take that with the obvious grain of salt being don't go broke or piss your wife off (too much).
    They are easy to sell, and having trade bait puts you in a better position anyway for something you want. There is the flip side to that, being the crazy over the top prices for a game you just have to have now, but sometimes we gotz to do what weez gotz to do!
    Again, the classic argument: they keep their value, so it's hard to make a bad decision. There is usually more bad decisions "felt" with ones you sell without really thinking it through.

    I find myself frequently still caught up in it. I wish there were more pins around me for me to play and try. I'm hoping to set up a camping weekend at a Pinsider's campground in the next month or two. Family time, biking, hiking, and pinball! Sounds like a great weekend to me. Hopefully playing some of his pins will give me a "fix". Most likely, however, it will simply fuel the "I want an XMLE and IM" itch.

    #32 10 years ago
    Quoted from blondetall:

    I think you mean Pinfidel.

    yes, indeed. I mis-spoke.

    1 month later
    #36 9 years ago

    I mainly got rid of WOZ to help with some cash flow issues. I was not actually looking at getting rid of it. I was marketing my AC/DC and got an unsolicited offer on a trade for a super nice TOTAN as a straight up trade. At the time, WOZ values were declining and this was a great TOTAN. So, I took the bait and played the TOTAN for a few months. I ended up selling the TOTAN for $8000 which is probably more than I would have gotten for WOZLE when I made the trade had I try to sell it (HUO WOZs were starting to go for low $7ks at that time). I have yet to play the finished WOZ code and perhaps I will score another one in the future but I do have a Hobbit LE on pre-order so I hope that scratches the JJP itch.

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