(Topic ID: 4443)

Pinball price BUBBLE ... think it can't happen? THINK AGAIN!

By Hyperion

12 years ago


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  • 1,050 posts
  • 289 Pinsiders participating
  • Latest reply 48 days ago by JWilberdog
  • Topic is favorited by 36 Pinsiders

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    Topic poll

    “Do you think there is a Pinball Price Bubble?”

    • Yes 265 votes
      45%
    • No 202 votes
      35%
    • Maybe 83 votes
      14%
    • I don't care long as I make more $$$ 33 votes
      6%

    (583 votes)

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    #156 2 years ago

    The only bubble more resilient than the pinball price bubble is the pinball price bubble thread bubble.

    #158 2 years ago

    A guy from Facebook came by today to buy my Cactus Canyon. He said he's bought 40 Bally/Williams games since entering the hobby last October.

    This bubble just doesn't seem to be on the burstin' path when there's new people like that coming in every day.

    #160 2 years ago
    Quoted from gweempose:

    Well, all those millennial bitcoin millionaires gotta do something with all that cash!

    This guy was well into his 50s!

    Pinball fever is just infectious!!!

    4 weeks later
    #175 2 years ago
    Quoted from The_Pump_House:

    I’m that guy. I stopped and bought two more in Ohio ( o fear hurricane) on the way home from your place. Finally found an original MM so I’m just about done.
    I’m not buying for personal use. I’ve got a coin op license and these pins get rotated through my restaurant (19 on the floor at a time) so I’ve accumulated enough rotation depth at this point.
    Pins are something no bar in my area is doing so I saw pins as a post pandemic opportunity to differentiate my business from competitors. The pins have been very well received and the overwhelming majority of our players are either new (children/teens) or haven’t seen a pinball machine in along time.
    Needless to say, there’s constantly switch not hit credit dots on my pins
    [quoted image][quoted image]
    [quoted image]

    And you aren't worried about the impending immediate pinball bubble bursting that everybody has been predicting for 20 years?!

    #180 2 years ago
    Quoted from woody76:

    Things are silly is all I know

    People were saying that in 2002 when MM was going for $4500.

    I guess what I'm saying is, one day it may please us to remember even this.

    #191 2 years ago
    Quoted from lpeters82:

    I'd love to go back to "prebubble" pricing.

    Yes you and 100,000 other people.

    That’s why it won’t happen.

    Everybody seems to have this erotic fantasy that the bubble will implode violently and they will be the only person on the planet left who wants pinball machines, and they’ll swoop in and build an A list collection for $3000.

    It just doesn’t work that way.

    #195 2 years ago
    Quoted from DJK77:

    Yet there are some tables out there that seem to be immune. STNG can be had for less than 6k. $5,500 for many years now.

    Immune to what?

    Not so long ago that game was $2500 or less.

    Anyway, don't worry, it's just a bubble. And if you think it can't bust...THINK AGAIN!!!!

    #224 2 years ago
    Quoted from Mogg:

    Would Levi sanction this as THEE price bubble thread, I have never seen so many old timer accounts in one place Before. I’ve been trying to find the root of this topic for a while now. It’s like trying to find the arc in that warehouse at the end of raiders The lost arc. I think this might be the one.

    Top. Men.

    #227 2 years ago
    Quoted from gambit3113:

    Are we still doing this?

    It’ll never, ever end.

    We’ve discussed this many times. Fantasy is more attractive than reality, and the fantasy that suddenly everybody but the Royal You will lose interest in the hobby and pinball machines will be incredibly cheap is just too attractive to surrender.

    Surely I’ve already posted the “pinball price bubble thread graveyard” list here, no?

    #230 2 years ago
    Quoted from Lamberger:

    I would never sell a pin less than what i paid.. no bubble, prices will continue unless the game sucks. Just like the stock market, 90 percent owned by the 1 percent.

    Are you suggesting only the richest 1 percent of pinsiders own 90 percent of the games?

    OCCUPY PINSIDE!!

    #234 2 years ago
    Quoted from TechnicalSteam:

    I hate to say it but I think 2022 on we will start to see some Bubbles bursting . Unless we start getting more people into
    hobby under the age of 30.
    Cv

    This literally made me bust out laughing.

    We've heard this exact statement or a variation thereof a million times.

    The only new twist on all this is the "hyperinflation" rap, which is more of a political statement than a pinball economics one, and is really en vogue right now.

    By the way, the top 10 finalists at last weekend's Pinball Expo tournament, where most of the top US players were competing, were all under the age of 30. I believe 9 out of 10 of them were under the age of 21. The winner and runner up are both 18.

    I know competition pinball and collector pinball are different things, but that's got to tell you something about the veracity of the supposed aging / impending nursing-home related bubble burst theory.

    26
    #251 2 years ago

    21 years of "Bubble burst" predictions refresher course. Yes, this actual thread is listed back in 2011.

    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 has been a fuggin BANNER YEAR for price bubble threads...maybe it's something in the vaccines):
    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

    #258 2 years ago
    Quoted from viper001:

    I'm embarrassed to think of the number of those threads I have participated in. Especially back over on RGP.
    I've been collecting now for 25 years. Or at least inactively collecting I would say, I haven't bought or sold much for the last 10 or so years. My favorite vice used to be the coin op auctions where I would normally come home with one or sometimes two machines. Back when those were held in Columbus and Indy and sometimes Kentucky. With $2000 in your pocket you could normally snag 1 or 2 nice machines.
    I wonder how many collectors are like me? I basically have amassed a nice "dream" collection, at least what myself/everyone wanted 15 years ago. When the coin op auctions folded and prices started skyrocketing I just held onto what I have and counted myself lucky to have them. Now I would like to start collecting the newer machines but I can't bring myself to drop ~$8000 on a pinball machine (kudos to everyone that can, I'm not judging, it's just not for me). Certainly I could sell/trade my long term collection to pay for new games but then I like what I have and I know I could never get them back at today's prices. So I'm essentially stuck. Am I alone in this (admittedly not awful) situation?

    I'm "like you" in that I started collecting cheap back in the day and have always had a large collection, which I've used to "trade up" many times.

    I'm unlike you in that I've managed to breach the mental barrier of $5000, $6000, even $9000 when I thought a game was a good deal. I've accepted reality and increased my budget on games when appropriate...a good deal is a still a good deal and it's pretty clear that it's still pretty low risk to buy a $7,000 game when I'll be able to sell it for more, or worst case, get my money back, or trade up or down.

    I guess I'm really not married to any game, beyond the AFM that I have no intention of selling. It's just kind of boring to keep the same games year after year.

    It's either wheel and deal, or just pray for the imaginary "bubble burst" that will never come, when everybody ELSE in the hobby suddenly either goes broke and/or loses complete interest in pinball. Doing the math in my head, it just seems unlikely that's going to happen before I'm in an assisted living home, so may as well adapt and participate.

    2 weeks later
    #278 2 years ago

    The “THINK AGAIN” Tagline on this thread title cracks me up every time.

    1 week later
    #288 2 years ago
    Quoted from Colsond3:

    The prices of today aren’t the only thing that sucks.
    I know about 10 people that have left the hobby since prices got stupid in the last two years, and two more of my friends decided to bow out and sell all their pins within the last month or so.
    Both of them collected older SS games, and Bally/Williams titles for the most part. Games you could get for $1800 to $3k even a few years ago.
    They didn’t have a ton of disposable income and couldn’t afford a new Stern, and they were a goddamn blast to hang out with and play. Kept great care of the games they did have. Now gone.
    And the people in the hobby price-jacking and certain newbs spending endlessly are just hurting the entire hobby.
    Everybody should be able to enjoy pinball, no matter how much money they make.

    If your friends can’t afford to buy pinball machines now, then why did they just sell all their pinball machines that they got cheap and get out of the hobby? Sounds like they were sitting pretty.

    #291 2 years ago
    Quoted from Colsond3:

    How did I know you would be the one to chime in.
    Because they didn’t want to sell the nice 5 or 6 game collection they bought...to have only one two at today’s prices.
    And the two fellas that left recently aren’t even on this site, and sold their games for reasonable prices to people that actually wanted the games.
    It’s funny that even long timers like you don’t see the damage to the hobby (or the sadness) of people that truly enjoyed it leaving.
    The ‘ol “If they can’t afford it, then they shouldn’t be in the hobby mentality”. Cool.

    I knew you’d get all pissy when I asked for a simple clarification but I still don’t understand.

    You have friends that aren’t rich. They had a bunch of games that they had fun with and bought cheap.

    So far so good right?

    But then They sold them and are no longer in the hobby.

    I still don’t get it. If they just kept their games they’d still have pinball machines. They didn’t need to leave the hobby or sell their games.

    #293 2 years ago
    Quoted from Colsond3:

    Is that clear enough?

    As I feel there’s no way I could answer this without you getting mad at me I’ll just say I’m sorry you have friends that left the hobby and I’m sorry if I had anything to do with it by accepting current market conditions and continuing to buy and sell pinball machines.

    #308 2 years ago
    Quoted from Anony:

    I got into this hobby as a result of the quarantine and the fact that I'm old enough to afford nice stuff now. After getting my first arcade machine I realized I enjoyed it a lot and started collecting.

    What's it like seeing thread after thread where people make it clear they despise you and others like you, blame you and others like you for rising prices and "ruining the hobby", and continue to insist that you and others like you will lose interest when the next shiny thing comes along?

    Must be gettin' fuckin old!

    I don't know why so many people - many of whom were noobs just a few short years ago - keep insisting this gigantic new wave of noobs is just gonna get sick of pinball in two weeks causing all the prices to settle back down to "normal" levels. Just doesn't jibe with reality; the reality being that pinball fuckin' rules!

    5 months later
    #358 1 year ago

    Guys see a Harlem globetrotters sit for a day on Facebook and they get cocky.

    If that’s a sign of the bubble bursting, it’s been bursting for 20 years!

    13
    #372 1 year ago
    Quoted from MtnFrost:

    I don’t remember any dip in prices. Sales might have taken longer

    This is what happened.

    Pinball people hate “losing” money more than they fear poverty or death.

    This will never change.

    3 months later
    #410 1 year ago

    Fair question:

    For me a true bubble burst would be regression of prices across the board to 7 or 8 years ago:

    A list games like Addams or TZ going for around $5k or less.

    B list WPC games for $2000-2500, same price for almost all DE or Sega games.

    $10K plus old games becoming an extreme rarity

    All the remakes, LEs etc selling for their original price or less.

    Most used recent games going for $1000 under their NIB price.

    Let me know when we see stuff like this.

    #414 1 year ago
    Quoted from RyanStl:

    We don't have the pricing yet though, right?

    I don’t think stern is gonna rock the boat with pice increase (the kind of $1k at once nonsense we are seeing with other companies).

    They never have before. I’d guess a $500 or less increase.

    #417 1 year ago

    Stern has always been the most affordable machines. I don’t think they have any incentive to “go JJP.”

    They dominate the market partly because they are the only NIB buy that makes sense for operators.

    9 months later
    13
    #451 9 months ago
    Quoted from Kkoss24:

    I can’t ever see the NIB prices going down .Has this ever happened ?

    Yes. It happens in every bubble burst thread.

    #506 9 months ago

    The “…THINK AGAIN!!” gets me every time!!

    #514 9 months ago

    I recall seeing these exact posts word for word from Ice predicting that Foo Fighters was going to be a huge flop.

    He was wrong.

    But this time - Venom? - He'll be right!

    You guys really never do get tired of this do ya.

    Jake Fattie even managed to sell his Time Warp (the world's least desirable game), proving that the 20+ year bubble remains inflated in an unencumbered fashion.

    11
    #529 9 months ago

    Welcome back!
    That stupid Russia thread was your ticket out
    Welcome back!
    To that same old price bubble thread we laughed about

    While the prices haven't changed since you've been around
    Just more endless wishful thinking From newbie clowns

    Who'd have thought we'd be here
    After 11 long bubble years

    Oh we say it'll pop, but the bubble is nonstop
    Think again, think again think again!
    THINK AGAIN, THINK AGAIN, THINK AGAIN!

    #531 9 months ago
    Quoted from PanzerKraken:

    Yea everyone making overpriced special super duper editions with crazy high runs. Stern is going to put out 2-3 cornerstones a year meaning 2-3k super duper magic editions hitting the market each year, along with all the super editions every other company is pumping out too. If that is the limited amount they are selling out of, and they make far more prem and pro models, that's a huge influx of new machines every year on the market, and really it doesn't feel like the pinball hobby is large enough to sustain such a huge flow of machines especially with new players getting into the market and increasing their production numbers.
    Spooky sold out of HW and UM within hours of sale, Scooby is only 200+ more machines yet didn't sell out, so they might want to also start considering scaling back on their production runs. Who knows what JJP is doing but they clearly got duds that aren't moving either asking 15k for their special machines. FOMO buyers are shrinking perhaps?
    Overall everyone probably needs to hit the brakes on increasing production sizes, prices, special editions, etc. They are just going to keep hurting themselves more than anything if they keep pushing.

    Hey Stern! You easily sell out every one of the 1,000 LEs you make for each cornerstone, bringing in your highest profit-per game and enabling Gary to bathe in truffle accented water with gold flakes every night.

    STOP IT!!!!

    We've now moved the price bubble goal posts to FOMO. The new argument seems to be that if FOMO isn't sizzling hot, somehow the industry is in huge trouble and about to implode.

    We'll see if that's so. So far it seems like a bit of a red herring for price bubble doomsayers.

    #534 9 months ago
    Quoted from PanzerKraken:

    It's not a price bubble, but when dealers are being flooded with LE model trade in constantly and selling them for less than original asking quick post launch, it's a sign that your super special edition limited product is not all that special or hard to get which was a main driving factor.
    As with any collectible there reaches a point where too many are being made and they need to hit the brakes as all they are doing is devaluing the product. So they sold out, time to make 1250 LE models.... 1500, 2000.... we just don't stop? You got LE's for games that are several years old now being sold nearly at retail price still, that's not a great sign for their value. Clearly value is what many here seem to care about more than actually how good a game is. They put more stock on what the current price check is than apparently enjoying and playing with their toy.
    Dealers still all sitting around on Bond 60th, now for Stern it's a payday still since they sold them, but how often will they get away with this and distros keep ordering these turkeys?

    I hear ya dude. We always wonder what in God's name is happening with $15K batman SLEs, and 20K bonds and Elivras and Beatles.

    For YEARS we've been hearing about "games gathering dust at distros."

    But without any actual evidence it's all idle chatter and wishful thinking. If these games weren't making people money, why does this stuff continue?

    I need more than speculation. "I'm hearing nobody is selling anything" just ain't doing it for me.

    Let's see some RESULTS already! It's 20+ years of pinball bubble talk! Let's see someone go out of business, or companies stop making these expensive super dooper games. Until then, I refuse to THINK AGAIN!

    #538 9 months ago
    Quoted from Isochronic_Frost:

    Hyperion never could have imagined getting 11 YEARS out of this damn thread.
    You guys refuse to let this thread or the Legend of the Bursting Bubble die!

    Give it time. Some manufacturers are doing REALLY badly right now. Look at macroeconomics, all the major companies went bust in the 90s during the huge booming economy. You can limp along for a long time losing your shirt when the land is cash-rich.
    By 2030, it’s inevitable that some manufacturers will have definitely thrown in the towel. Some of these people are shoveling out JUNK. Price tag doesn’t mean anything. You can sell luxury garbage and still go out of business. You do realize that several current pinball companies have been operating at a loss for an extended amount of time simply because they have golden-goose investors? They believe they’ve got the next “big thing” but eventually even those deep-pocket moneyed types will realize the profits will never materialize and then pull out.
    After all that, the bubble still wont burst, the surviving companies will eat up that marketshare, no problem.

    Yeah I've been praying for an "Industry contraction" but every time I wake up there's another shitty pinball company trying to sell us something. Punny fucking factory?! Space friggin' Hunt?! What the Hell?!

    I don't see how this can go on. Maybe it'll be like the early 90s when we finally saw some casualties in the great Talk Show War. Chevy, Aresenio, Sajak....

    12
    #547 9 months ago
    Quoted from CubeSnake:

    Not to sound apocryphal, but by Winter 2023-24 FOMO and buying NIB pins will likely be the last things on people's lists. Pay attention to what is really going on for Pete's sake!

    Sounds mysterious! I hope it’s got something to do with an evil cabal of elitist bankers.

    #552 9 months ago
    Quoted from Tranquilize:

    A slow down is not a crash. My guess is about a 30% drop in used prices over the next 3 years.
    Have at it, Levi!

    30 percent huh? Addams families for $7000 again?

    I’m hoping this in unmoderatable since you invited me to have at it;

    But you are out of your fuckin mind!!!

    Price talk is so boring anyway. I’m more interested in the secrets of Cubesnake and the roots of the upcoming worldwide economic meltdown!

    #558 9 months ago
    Quoted from Ericpinballfan:

    Just was offered a poor players Addams that also needed a decal job for 7200. So, ya....it might happen.

    Yes, this means that's what the market actually is on Addams Family games.

    I just got an HUO Star Trek pro for $4k. But I wouldn't bother mentioning that in a price bubble thread because we all know it has no bearing on the actual market. Just like the fact that someone offered you some beat to shit Addams for north of $7K isn't really relevant to this conversation either.

    But why are we talking about this when there's an impending worldwide economic collapse that is coming in less than a year?! Cubesnake, tell us your secrets!!

    1 week later
    #574 9 months ago

    It's also July.

    The old-timers always used to say the summer was slow!

    Of course they always used to say a lot of other shit that you can't really repeat in polite company these days so maybe they were just old gasbags!

    #578 9 months ago
    Quoted from Molon_Labe:

    Then where is real world pricing determined? It's definitely not eBay, and the few inquiries that I have made to people selling on FB marketplace always point their defense of the pricing back to pinside. The only other outlet that I can think of where pricing could be determined would be auctions.

    It's a catch-22!!!

    I think Pinside is a great place to find "real world asking prices." If you really want to know what games are going for, you are going to have to buy and sell some.

    Shows - like Allentown - can be a great place to get real time, real world pricing info. Just get there early!

    27
    #591 9 months ago

    It's none of your fuckin business what I pay for a pinball machine, unless you are the one who sold it to me.

    I never understand the people who freak out about this. You are weird.

    13
    #631 9 months ago
    Quoted from JBtheAVguy:

    Why do you go off the rails, turn vulgar and resort to name calling? You typically have solid smart input until someone pisses you off.

    That's an excellent question that I'd love to answer!

    It's incredibly frustrating when you repeatedly read the same absolutely moronic suggestions here - often repeated with striking conviction when it’s clear the person suggesting it hasn’t actually thought about it for more than 5 seconds. And this frustration can cause me to lash out in anger and confusion.

    Sometimes it's stuff like "Stern should put more money into all of their games and slash their prices!"

    Sometimes it's "Pinside should institute a policy where sellers are FORCED to report the final sales price of their games. It needs to be done for the community! It needs to be done for society! Won't somebody think of the children?!?!"

    It's an idea so dumb and half-baked that it's baffling in its nature.

    Tell me, how exactly is Pinside supposed to do this? How is Pinside supposed to enforce this proposed policy? They can't even get people to pay their listing fees when they sell a game; you are telling me they can institute some system where they get 100 percent accurate information on the price of every game sold here? How much is this "final sales price patrol" going to cost to institute? Are they going to force sellers to only accept Paypal, and submit their tax info? Are they going to hire a squad of polygraph operators to go door to door every time someone sells a game?

    Not only is it offensive to suggest that private sellers are somehow obligated to reveal what they sell games for “for the good of the community,” it's completely unrealistic to suggest there is any way of actually ensuring that this happens with any kind of accuracy, and without pissing off the majority of sellers here, and without costing a ton of time and money to attempt to institute.

    any effort to create this policy would provide zero value to Pinside or the people who run Pinside, who do not need the hassles and expense of any of this.

    If Pinsiders ran Pinside, it would be out of business in a week.

    #636 9 months ago
    Quoted from Molon_Labe:

    "And why would a seller advertise to the world on the exact cash they just made?" Assuming it was done outside of Pinside, I would agree 100%.
    However, that is not the context of the discussion. If it was an ad on Pinside that prompted the sale, then how about the fact that you agreed to the terms and conditions when you listed the pin to sell on Pinside. A percentage of final sale price is to be paid, correct? Are you just going to cheat the platform that you used to sell an item their due?
    And what does any of this have to do with Stern? Why would I inquire about a privately held companies financials or margins unless I was an investor. Is that a thing around here?

    No, you are not correct. This isn’t an auction house. You don’t pay a percentage of a sale, you pay a set flat fee based on “game tier.” On the games I sell it’s usually between 10-40 bucks.

    Pinside doesn’t know what you sold the game for. They just know you sold it, and you pay the “tier fee.” Unless you lie and say you didn’t and don’t bother paying the fee. Which is what countless people do here.

    So uh….remind me again…how is this forced sale price admission policy supposed to work?

    #641 9 months ago
    Quoted from yancy:

    In theory it works by everyone here being invested in the hobby/community to the extent where they understand having a bunch of accurate sales data helps all of us. But that ain't the way it works because it's MY private top secret info and WHAT are you going to do with it I'll be DAMNED if I tell Pinside or the CIA one goddamn thing so get off my lawn. Or something, I dunno.

    So, isn't the system already set up to create the kind of utopia of invested hobbyists you envision?

    When you sell a game, you are offered a chance to list your sale price. If you WANT to do it, you do; people who are "invested in the hobby/community to the extent" where they want to "help all of us," they are free to do so. People can view that data and decide if it informs their opinion on the market.

    So what's the problem? Why try to force everybody else to do it, which would surely result in inaccurate data being inserted into the system (I know the prices I'd list would always be bullshit, just because I was so annoyed by the requirement)?

    It seems to work pretty well as-is. If people want to volunteer data, they volunteer it, and there's a framework already in place for processing and displaying that data.

    #645 9 months ago
    Quoted from yancy:

    That's the spirit!
    I was talking more about hobbyists, but I can't stop retailers from chiming in. You do you.

    When I sell a game retail through my website, it's a retail sale.

    When I sell a game here to another hobbyist, it's a hobby sale.

    Regardless of where I sell a game, it's none of your business what I sell it for (unless I sold it to you).

    But hey, you do you. Feel free to create the hobbyist utopia you envision here however you'd like.

    #654 9 months ago
    Quoted from TheLaw:

    Kind of almost close.

    It’s funny when someone gets a quote like that completely wrong and makes themselves look like a moron.

    Like…take 8 seconds to google it first! You’ll get it right and come off all smooth!

    #659 9 months ago
    Quoted from mrm_4:

    I’ve never heard so many grown men say “it’s none of your business” about buying and selling anything.
    Want to know who I voted for? No problem!
    Want to know how crazy I got with my wife last night? No problem!
    Want to know what I sold my pinball machine for?
    There’s no god damn way in hell I’ll tell you something that private!!!!

    You probably haven't seen so many grown men discussing pinball before either.

    It's a crazy world here at Pinside! There's always stuff you haven't seen before.

    #661 9 months ago
    Quoted from hAbO:

    2 seconds to search for anyone feeling curious

    I think he was being sarcastic about all the energy you spent.

    #665 9 months ago
    Quoted from NC_Pin:

    We’ll have to agree to disagree.
    I have worked for companies that underwent massive capacity expansions just as the market softened. No one was laughing.

    Are you suggesting that if we think the bubble can't burst, we need to THINK AGAIN?

    #667 9 months ago
    Quoted from NC_Pin:

    No one has defined “burst bubble”
    I think the market has softened… probably 10-20%. I wouldn’t call it a “burst bubble”…. But I don’t think Stern’s Board of Directors are doing belly laughs about the soft market.

    They'd probably be thrilled with a "market softening" if it would kill off some of their competition. Do you think these smaller companies will survive this market meltdown we are currently in? What's the "belly laugh" situation over at Spooky, AP, JJP etc?

    #701 9 months ago
    Quoted from Colsond3:

    Train…meet thread.
    [quoted image]

    Hey it only took 12 years.

    Nice run? THINK AGAIN!!!

    #778 9 months ago
    Quoted from BallLocks:

    Being old (20+ years) to this hobby, don't buy games based on their reliability.

    Counterpoint!

    I've also been in the hobby for 20+ years, and I really don't want to be the guy who owns a Spooky or JJP game when it goes tits up. Always avoided Pin2K games for the same reason.

    It's a fair consideration for anybody in the hobby, not just noobs.

    Quoted from PanzerKraken:

    Are pins free yet? BOGO deals on TAF?

    Yeah some guy got a trashed to shit Addams for $8K, so yes, the bubble is now completely burst. Once again. As always.

    #783 9 months ago
    Quoted from BallLocks:

    I agree with you both--but this is a price bubble thread... there are no games with values tanking because they are "unreliable." The Spookys, JJPs, Pin2ks, Batmans and Flipper Footballs with those giant DMDs, all have yet to drop in value because of their "reliability." Should you consider things like repairability and resale when you buy? Of course! Those are great perks of collecting. But you also shouldn't dismiss or buy something based solely on how reliably it functions.
    Levi also operates, so he probably has a somewhat different view on value which probably differs from most home collectors (and some great insights as well). I would also guess as a long term hobbiest, he gets (and remembers) all these games going from parts derth unobtanium to the relative Renaissance we have today. Buy fun games--if people want to play them, the parts will be there... Even those pesky Stern node boards with proprietary code which may meet their end long before those Spookys and JJPs go "tits up." (LMFAO at that comment CrazyLevi, thank you!). Pinside loves to lament the "reliability" of games--but have yet to see prices move because it. Remember how terrified everyone was of the STh projector??? Prices didn't react much to that one, lol.

    Really no way to quantify it but I would think these issues do affect pinball pricing/bubble/whatever we are calling it this week.

    Like...I've been buying and selling games for over 20 years, been through hundreds of games, and I'm literally telling you I ain't buying a spooky game unless it's dirt, dirt cheap. Like "My husband just died and we need to clear out the house by tomorrow" cheap. And it's because I'm afraid it'll break and I won't be able to fix it.

    But you are right we all have our own perspectives. I don't operate; I sell games for people for home use. And Spookys (and to some extent some of the other non Stern manufacturers) seem like ticking time bombs to me on a sale I'll have to take care of after the fact.

    #801 9 months ago
    Quoted from PanzerKraken:

    It didn't sell out in 2 hrs. It's a bomb, stern is doomed, sell me your Theater of Magics for 5k plz

    Pinball has hit the wall.

    #805 9 months ago

    People sure love saying my name in this thread.

    It’s flattering, really!

    #809 9 months ago

    I expect you to kiss me full on the lips if we ever meet!

    Sweet, sweet dougeeeeee!

    #810 9 months ago
    Quoted from DiabloRush:

    I've been very active in the used market the last 18 months, returning to pinball after 2 decades in the hobby in the 90s/00s.
    IMHO, the used market is definetly seeing rather significant price reductions which started about 6 months ago. This correlates with easing of COVID restrictions and turning off the COVID money spigot. This summer, there's been some very good deals out there. I picked up a very nice Fish Tales (see below) for $2,000 out the door. $800 in parts, and I have a basically new machine. That price isn't far off from what I paid for WPC games back in the late 90s, frankly. A basically-mint Dialed in was well under $7000. I sold several games at prices about 20% below their peak as well. Just my opinion. If this is a temporary summer slump or a more solid trend remains to be seen. As I'm more of a buyer at present, this is welcomed...[quoted image][quoted image]

    Why bring up that example
    Of fish tales though? Great, you scammed an old lady out of a fish tales, or got a steal on Craigslist.

    You know as well as all of us that a $2000 fish tales would last 2 seconds here, with 50 PMs to the guys inbox within 20 minutes.

    Not representative of the market!

    #816 9 months ago

    You heard it folks.

    Fish tales is a $2,000 game now.

    Wall = hit
    Bubble = burst

    Let’s rock!! Time party like it’s 2002 again.

    #824 9 months ago

    Ok I think we’ve piled on enough.

    It’s just dumb to list these kind of qualified deals as an example of a market trend. We all know that’s silly.

    These things belong in the “what’s your best deals!!” Threads, not
    Pricing trend threads.

    #827 9 months ago
    Quoted from Tranquilize:

    We should have a verb... Like, if you bring up your 2k FT, we should warn, "you're going to get Levied for that one."

    Punishment will be Levied.

    #835 8 months ago

    6 months ago I bought a lightly used bond for 6500.

    Today I got one for 5900

    I want a foo for a little while, but I’m gonna wait till it’s down to $6k as well.

    All seems reasonable to me. In the old days you lost $1000 driving any new stern off the lot (of course that was a larger percentage of the game NIB price back then, but that’s nit picking innit)

    #841 8 months ago

    Zep, AIQ, Rush, Bond, Turtles, Mando...these recent Stern games are ALL at $6K or less for a used pro if you actually want to sell it. I'd say that qualifies as a trend.

    I think I speak from experience. I had both a Rush and AIQ pro, and got ZERO bites at $6k asking. Ended up trading the AIQ for Rush (which I disliked even more than AIQ) and traded Rush for a nice Spider-Man, which turned out to be a great deal.

    Deadpool is heading that way too now that the pandemic is over. I fully expect Foo and Venom to follow the same path - these are not "grail" themes and the excitement of release won't last.

    It's not a collapse. But it's a clear trend, away from the craziness and back to the sanity. Or as people love to say, "where it should be" on used, in-production machines.

    If it isn't a Godzilla or JP, or some other white hot theme with or without Keith, I think that's the trend we are seeing and going to be seeing from here on out. Rarity will continue to buoy games like Stranger Things.

    Everybody happy now? I'd guess not, because what people REALLY want are $5,000 Addams Families.

    #843 8 months ago
    Quoted from Nintegageo:

    CrazyLevi interestingly, it was hinted that STH is indeed going to get another production run shortly.

    Every game is hinted to indeed be getting another production run! Just check every "they should vault this!" thread!

    #849 8 months ago
    Quoted from Nintegageo:

    MichaelBtheGameGenie did a live video chat and they straight asked Brian Eddie who mentioned later this yr.
    https://www.youtube.com/live/mO5F1TjAX6Y?feature=share
    The 33:55 mark

    I’m sure Brian would love it. Who don’t want more royalties ?

    #852 8 months ago
    Quoted from MacGruber:

    Is that true? The royalties part to a designer i mean? If that is indeed the case a GB vault goes from a long shot to down right laughable!

    Yes, this is brought up every time the "GB Vault Brigade" gets going.

    Not sure if there's a "you don't get them any more if convicted of kiddie porn and child sex abuse" clause, but if not, don't see why Stern would want to send any more checks JT's way.

    #856 8 months ago
    Quoted from PanzerKraken:

    I still can't get anyone to sell me Theatre of Magic for 5-6k, this burst really sucks

    Yeah so far the only "bubble" bursting is the "sell my used pro for more than I paid for it after 6 months" bubble, which is disappointing and probably not what the OP had in mind when he started this thread 12 years ago.

    But I have a hunch THIS could be the year!

    Or maybe the next one.

    #859 8 months ago
    Quoted from jackd104:

    I would be amazed if pinball designers get royalties. They probably get a salary and benefits. Please enlighten me if someone actually knows something about this and aren’t guessing.

    They get royalties. I'm not guessing. It's a fact.

    Be amazed!

    It's not a big secret.

    2 months later
    10
    #899 5 months ago
    Quoted from Doctor6:

    Well yeah. When you have greedy pigs of companies charging bat shit insane prices for thing we KNOW don't cost nearly as much as they ask.... that effs things up.l for everyone.

    Wait….you are telling me pinball companies sell us stuff for MORE than it costs them to make?

    That is seriously fucked up. How can this be allowed to happen?! It’s effing things up for everybody !

    #906 5 months ago

    Nobody’s ever lost money in the stock market!

    #909 5 months ago
    Quoted from Dkjimbo:

    The tide has turned. Prices are unarguably dropping. It’s a good thing.

    And it only took 12 years!

    For those of you who thought it wouldn’t happen…THINK AGAIN!

    2 months later
    #950 83 days ago

    Do you think the recession + Bubble Burst isn't looming?

    Well...

    Welll...

    Wait for it.....

    THINK AGAIN!!!!

    #1022 79 days ago
    Quoted from Whistles:

    People were saying this same crap twenty years ago, wasn't true then or now. Pinball is continually evolving.

    It really isn’t. It’s the same shit with a little window dressing.

    If venom is a sign of pinball “evolving” I guess I’m a creationist. Forcing innovation in pinball is stupid and makes for bad games.

    1 week later
    #1038 66 days ago
    Quoted from JakeFAttie:

    I think the point here is that Sharkey's Shootout is a vastly under-rated and under-priced game in todays market.

    It is not.

    That may have been true when it was 900 bucks but nobody really wants a Sharkey's.

    File it under: Games Like Time Warp

    #1042 66 days ago
    Quoted from JakeFAttie:

    ah, jeeze, man, deep cut.
    (though, actually, I only paid $900 for mine, last year)
    please don't tell me what you think of Jokerz!

    Jokerz sucks but it's probably a decent $1500 starterz game for somebody.

    I had one and it drove me fucking insane, I could never get rid of an awful static on the sound. Sent the board out and everything.

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