Quoted from Jvspin:I remember going to an auction years ago. Was a bit disillusioned when I noticed owners bidding on their own machines.
Many of the games were won by the owners when the bid price didn't get high enough for them. Later learned this is called a "buy back" and is common.
Good auctions are long gone...Captains is mostly consignments, so you're really just buying games under the guise of an auction. The true auctions were Super Auctions, before Captains came onto the scene. They auctioned equipment that large companies just wanted to get rid of...there was no vested interest in pumping prices - the purpose was CLEAR IT OUT by the end of the day. I never actually bought a pin at Super Auctions, as they were still a bit pricey considering the condition and work they needed...but man did I get some amazing deals on dedicated classic arcade games!!!