Quoted from phil-lee:When cash gets short you reach for the easiest possession to unload.
I have standing offers for most of my meager collection. Where I could make a call and they are here before dark.
I'm sure there are Folks here with better machines who could liquidate just as quick(right now).
The question is, will this continue?
The speculation for a significant price drop hinges on the Avalanche Effect.
A few crumbs are sold, then someone gets cold feet and lists similar games. A small bidding War, same Titles showing up for sale in the usual places.
People already freak here when there are several of the same Title offered in Marketplace.
"Does the game suck? What do they know I don't?"
Personally, I am alarmed at the amount of Pinball machines that have been sold/ Auctioned/ offered for sale this Year.
Forget the high prices for a moment.
Fact is HUNDREDS of machines have moved in 2021.
Large Museums and Barcades sold out.
Large Collections liquidated.
A lot of Newbies have their dream machine.
How fast are they going to sell if the rent is due, the Baby is hungry?
Most of the Older Collectors watch the direction of the Sales Wind closely.
They have been banking on the Big Sale to fuel retirements.
Disturbing downturns could (will) hasten their decision to call the Auctioneers.
My opinion only, thats how I see it.
I think you're onto something here.
I'm one of those annoying newbies who got their first pin this year and I do plan on keeping it for life, but it's a LOT of money that I know I could recover very quickly in a pinch.
If there is a downturn in the economy that is sustained you may see a lot of the people who are newer to the hobby selling to recoup money they thought they didn't need. A long time pin owner is probably less likely to be in that situation.