(Topic ID: 290437)

Pinflation or inflation?

By sataneatscheese

7 months ago


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  • 50 Pinsiders participating
  • Latest reply 6 months ago by CrazyLevi
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    There are 94 posts in this topic. You are on page 2 of 2.
    #51 6 months ago

    Yes, inflation and pinflation both are no bueno. I'm new to the hobby, so it's rough for me to justify spending as much money as I would spend on a used car, to buy a pinball machine. Right now we have 1 machine, from 1980, that has cost us about $1,500 to get up and running well.

    The addiction has set in. A second pinball machine will happen. It's just a matter of how much I can justify spending to myself and to my wife.
    Right now we are spending $22,000 on a new roof, gutters, and trim for our house. Yes, inflation has jumped that cost up as well.

    Boo COVID-19. Boo Congress. Politicians are no bueno.

    Anybody have an Apollo 13 they want to unload for pre-stimulus prices? We are working on an outer space theme to our pinball collection.

    #52 6 months ago

    Skip the roof and gutters. Get a tarp and a POTC LE.

    #53 6 months ago
    Quoted from CrazyLevi:

    Right. The last guy insisted he was doing a thread about the 2008 Housing Crisis.

    Completely incorrect and offensive. Not surprised to see you here as the top commenter.... SMH.

    #54 6 months ago
    Quoted from alexanr1:

    Completely incorrect and offensive. Would appreciate a correction on your comment.

    Not surprised to see you here as the top commenter.... SMH.

    #55 6 months ago

    Economic collapse is imminent. Prepare accordingly.

    #56 6 months ago

    This (uncertainty and speculation) is one of the main reasons I invested so much into pinball machines that I enjoy playing - even if their values suddenly plummet, I can still enjoy them. I can't say the same for stock certificates...

    #57 6 months ago

    One other thing that plays into this is that the USA has a Labor problem. Companies will not be able to keep up with supply and demand because their suppliers who make the products will not be able to supply them. This goes for everything.....from food to pinball parts. Prepare for HyperInflation and it's going to be brutal for the average American family. I am seeing it now in the industry that currently work in and it's not good.

    #58 6 months ago
    Quoted from Chicoman:

    One other thing that plays into this is that the USA has a Labor problem. Companies will not be able to keep up with supply and demand because their suppliers who make the products will not be able to supply them. This goes for everything.....from food to pinball parts. Prepare for HyperInflation and it's going to be brutal for the average American family. I am seeing it now in the industry that currently work in and it's not good.

    This is it.

    #59 6 months ago
    Quoted from Chicoman:

    One other thing that plays into this is that the USA has a Labor problem. Companies will not be able to keep up with supply and demand because their suppliers who make the products will not be able to supply them. This goes for everything.....from food to pinball parts. Prepare for HyperInflation and it's going to be brutal for the average American family. I am seeing it now in the industry that currently work in and it's not good.

    It's gonna be like 1979 again!

    Well at least I'll be able to pick up some Billy Beer. So kitchsy!

    #60 6 months ago

    The Maverick of Wall Street has some good insights on inflation, Intrest rates and money printing. He has been spot on.

    #61 6 months ago
    Quoted from Multiballmaniac1:

    Economic collapse is imminent. Prepare accordingly.

    This hobby is immune to the ups and downs of the economy. The majority of Americans don’t think about pinball let alone think about buying one. It’s absolutely irrelevant to most working people. Pinball is its own bubble, generally separate from the usual economic factors.

    #62 6 months ago
    Quoted from Rarehero:

    This hobby is immune to the ups and downs of the economy. The majority of Americans don’t think about pinball let alone think about buying one. It’s absolutely irrelevant to most working people. Pinball is its own bubble, generally separate from the usual economic factors.

    Speak for yourself and some others but I shut down all spending on pinball.

    #63 6 months ago
    Quoted from Multiballmaniac1:

    Speak for yourself and some others but I shut down all spending on pinball.

    And 5 people took your spot

    #64 6 months ago
    Quoted from CrazyLevi:

    This isn't rocket science, though I do admire the clever attempt at sneaking another price bubble thread in under the cover of something else! Young minds, fresh ideas!
    Through about 2011, B-list tier WPC games were going still going for $1100 in good shape. All day. And the truth is, prices in the hobby rose very little the first 10 years I was involved (2001-2010), except for a tiny handful of exceptions like MM, which was the single game that incurred most of the "price bubble thread" wrath back then from one-issue voters (people who wanted MM and were desperately convinced the upcoming economic collapse would make it happen).
    Now, these b-list WPC games are minimum 2500 (and that is a rarity), with most surpassing 3,000. You'd be hard pressed to find ANY non-EM used game that hasn't increased in cost by at least 100 percent.
    That's about a 100-300 percent increase across the board. I'm no economist, but I don't think we've experienced 100-300 percent inflation in our economy in 10 years.
    I can't speak for the frozen dairy dessert market, but like I said, while I appreciate your creativity in trying to squeeze another drop of 10 year old rotten milk out of the price bubble carton by calling it orange juice, your theory that pinball has simply experienced "normal inflation" is completely inept.

    Uh I got in around 2010. B tier WPC games were not going for 1100 in good shape. Back then C titles quickly went to 2k. I can remember getting 2500 for my dr who in late 2011. Projects were more prevalent back then, but competition quickly heated up and a lot of people went from hobbyists to flippers.

    #65 6 months ago
    Quoted from dung:

    Uh I got in around 2010. B tier WPC games were not going for 1100 in good shape. Back then C titles quickly went to 2k. I can remember getting 2500 for my dr who in late 2011. Projects were more prevalent back then, but competition quickly heated up and a lot of people went from hobbyists to flippers.

    Bullshit. I have records right here baby! WHere's your documentation?

    Not my fault you were overpaying for games back then.

    Here's the games I bought in 2010 / 2011. Yeah there were a couple old lady steals like the creature but the vast majority were bought off RGP or Mrpinball.

    Bronco 1/10 500
    High Speed 2 2/10 1250
    NBA Fastbreak 2/10 1250
    Blackout 3/10 600
    Flicker 3/10 500
    Firepower 5/10 700
    CFTBL 7/10 1000
    Taxi 8/10 800
    KISS 8/10 1000
    Prospector 9/10 500
    No Good Gofers 10/10 1300
    Popeye 11/10 900
    Wipeout 11/10 400
    Capt Fan 12/10 1300
    Jackbot 12/10 1100
    space odyssey 12/10 700
    space mission 12/10 500

    Bow and arrow 1/11 400
    Road Kings 1/11 900
    Strange Science 1/11 free
    AFM 2/11 2400
    Fireball 2/11 600
    Dracula 3/11 1100
    Mars Trek 3/11 600
    Joker Poker 3/11 800
    Simpsons 4/11 700
    Meteor 6/11 500
    Jungle King 8/11 250
    BOPinbot 8/11 1100
    Jackbot 9/11 1100
    Fish Tales 10/11 1000
    Bobby Orr 12/11 500

    #66 6 months ago
    Quoted from Multiballmaniac1:

    Speak for yourself and some others but I shut down all spending on pinball.

    Yet you still have 4 games. You didn't sell them...and even if you were to, there isn't a mad rush of collection purges, so all of your games have held their value & probably worth more than when you bought them.

    That's why the economy doesn't affect the price of games. Only a simultaneous dump of collections would cause prices to fall, as people would be competing to sell their games.

    #67 6 months ago
    Quoted from CrazyLevi:

    Bullshit. I have records right here baby! WHere's your documentation?
    Not my fault you were overpaying for games back then.
    Here's the games I bought in 2010 / 2011. Yeah there were a couple old lady steals like the creature but the vast majority were bought off RGP or Mrpinball.
    Bronco 1/10 500
    High Speed 2 2/10 1250
    NBA Fastbreak 2/10 1250
    Blackout 3/10 600
    Flicker 3/10 500
    Firepower 5/10 700
    CFTBL 7/10 1000
    Taxi 8/10 800
    KISS 8/10 1000
    Prospector 9/10 500
    No Good Gofers 10/10 1300
    Popeye 11/10 900
    Wipeout 11/10 400
    Capt Fan 12/10 1300
    Jackbot 12/10 1100
    space odyssey 12/10 700
    space mission 12/10 500
    Bow and arrow 1/11 400
    Road Kings 1/11 900
    Strange Science 1/11 free
    AFM 2/11 2400
    Fireball 2/11 600
    Dracula 3/11 1100
    Mars Trek 3/11 600
    Joker Poker 3/11 800
    Simpsons 4/11 700
    Meteor 6/11 500
    Jungle King 8/11 250
    BOPinbot 8/11 1100
    Jackbot 9/11 1100
    Fish Tales 10/11 1000
    Bobby Orr 12/11 500

    Lol, I paid near the exact same price for a few games off that list just recently... is the pinflation “Myth” busted?!?

    Deals are still to be had, and there is still shit sitting for the same prices the past 10 years. I just bought a Hollywood Heat for $500 and it SAT for weeks at that price. Inflation and pinflation are real since, as you’ve all noticed, hardly any of the old farts die, yet there are more and more <1 year accounts popping up every day.

    If you stop trying to buy the overhyped A++ list games like MM, MB, and Addams, then you’re gonna get burned by the price. Just buy Gottliebs and other “shitty” games, prices are pretty reasonable still and those games are honestly great!

    #68 6 months ago
    Quoted from woody76:

    have you seen gas prices lately? I was paying $1.25 per gallon in Tennessee this time last year. We will hit $3.00 per gallon here soon.

    Already above that in Pa and rising, ever since the new leader shutdown the keystone pipeline!!

    #69 6 months ago

    More fuel for the fire.... A Williams 1987 Fire! sold today for $6,125. That was a $4900 bid + 25% buyers fee on a Bidsquare auction from Hollywood, FL. How out of line is that? Well according to PinballPrices.com (yes, that's my website) a fully restored Fire! recently sold on eBay for $3500 and it was truly restored. The other verified sales in 2020 were for $1800 and $2360.

    Now the auction site did describe this machine as "collectors quality" but the pictures posted don't really support that classification. Here's a link https://www.bidsquare.com/online-auctions/whitleys-auctioneers/williams-1987-pinball-amusement-machine-fire-556-2136705

    And to bring some stats to the discussion, the average price of a used pinball machine went up $440 in 2019, another $423 in 2020, and this year (based on 250 tracked sales) prices are up $789. That's more than 20% per year.

    These stats are based on more than 1,500 verified sales each year (2018-2020). The average includes all titles sold that year from old EM's to "new" resales. I am working on an article for Pinside with a lot more detail and stats, comparing individual title price changes.

    Fire! (resized).JPG

    #70 6 months ago
    Quoted from DocFinlay:

    More fuel for the fire.... A Williams 1987 Fire! sold today for $6,125. That was a $4900 bid + 25% buyers fee on a Bidsquare auction from Hollywood, FL. How out of line is that? Well according to PinballPrices.com (yes, that's my website) a fully restored Fire! recently sold on eBay for $3500 and it was truly restored. The other verified sales in 2020 were for $1800 and $2360.
    Now the auction site did describe this machine as "collectors quality" but the pictures posted don't really support that classification. Here's a link https://www.bidsquare.com/online-auctions/whitleys-auctioneers/williams-1987-pinball-amusement-machine-fire-556-2136705
    And to bring some stats to the discussion, the average price of a used pinball machine went up $440 in 2019, another $423 in 2020, and this year (based on 250 tracked sales) prices are up $789. That's more than 20% per year.
    These stats are based on more than 1,500 verified sales each year (2018-2020). The average includes all titles sold that year from old EM's to "new" resales. I am working on an article for Pinside with a lot more detail and stats, comparing individual title price changes.
    [quoted image]

    Yes but don’t we generally ignore auction prices? I’ve seen shitbox projects sell at auction for thousands above real, common price.

    #71 6 months ago

    Depends on the auction... if it is an operator to operator auction, yes, if it is a public auction, not so much. There used to be a day when there were 2 prices for a machine, what you would sell to another operator for, and what you would sell to a private owner for, and they were no where near close to each other. Usually the op would sell for what he had in it minus some depreciation to another operator, but to a private owner the price would jump up to gouge them a little since the machine was going out of public rotation. Back when I bought my first machine, I went to the operator auctions and hung out for a couple of months till people got to see me and thought I was an operator. I still ended up paying $50 more than average for my machine only because the owner/op bid it up $50 since he could tell I wanted it. That was also a sobering revelation, the owner could bid on his own lot during these auctions instead of the auction house worrying about reserve prices. Public auction prices can range all over the place, especially when the price skyrockets for something really dumb, like a lost wood Space Invaders pin that the auctioneer tells people was personally owned by Ridley Scott...

    #72 6 months ago
    Quoted from CrazyLevi:

    Bullshit. I have records right here baby! WHere's your documentation?
    Not my fault you were overpaying for games back then.
    Here's the games I bought in 2010 / 2011. Yeah there were a couple old lady steals like the creature but the vast majority were bought off RGP or Mrpinball.
    Bronco 1/10 500
    High Speed 2 2/10 1250
    NBA Fastbreak 2/10 1250
    Blackout 3/10 600
    Flicker 3/10 500
    Firepower 5/10 700
    CFTBL 7/10 1000
    Taxi 8/10 800
    KISS 8/10 1000
    Prospector 9/10 500
    No Good Gofers 10/10 1300
    Popeye 11/10 900
    Wipeout 11/10 400
    Capt Fan 12/10 1300
    Jackbot 12/10 1100
    space odyssey 12/10 700
    space mission 12/10 500
    Bow and arrow 1/11 400
    Road Kings 1/11 900
    Strange Science 1/11 free
    AFM 2/11 2400
    Fireball 2/11 600
    Dracula 3/11 1100
    Mars Trek 3/11 600
    Joker Poker 3/11 800
    Simpsons 4/11 700
    Meteor 6/11 500
    Jungle King 8/11 250
    BOPinbot 8/11 1100
    Jackbot 9/11 1100
    Fish Tales 10/11 1000
    Bobby Orr 12/11 500

    Bullshit! (See, two can play this game) That doesn't say those prices are the going rate or what condition you bought the games in. Per your list strange science had 0 value in 2011. Shit, I piad 500 for fastbreak back in 2017. You must have really wanted that to overpay that much in 2011

    #73 6 months ago

    Gotta love this. Everything around us is going up in cost from lumber to ice cream but why hasn't pin cost gone down?

    #74 6 months ago
    Quoted from FalconDriver:

    Gotta love this. Everything around us is going up in cost from lumber to ice cream but why hasn't pin cost gone down?

    This thread is dead anyway baby.

    Time for a new price thread tomorrow!

    #75 6 months ago
    Quoted from FalconDriver:

    Gotta love this. Everything around us is going up in cost from lumber to ice cream but why hasn't pin cost gone down?

    Yep. $3.52 for a medium cone at DQ. Captain Fantastic will have a slightly high price tag when I sell cause I need my cones.

    #76 6 months ago
    Quoted from EJS:

    Yep. $3.52 for a medium cone at DQ. Captain Fantastic will have a slightly high price tag when I sell cause I need my cones.

    image (resized).jpg
    #77 6 months ago
    Quoted from EJS:

    [quoted image]

    The frozen dairy dessert market balloon is bound to pop (see this IS NOT a bubble thread).

    Only idiots are buying frozen dairy desserts today, when the price is bound to plummet next year.

    #78 6 months ago

    Next time, tell them you used to get the same cone for 99 cents and that's ALL your paying!

    #79 6 months ago

    Crap just realized my posting that picture I just gave away a free dilly bar. Oh well, enjoy whoever gets to it first

    #80 6 months ago
    Quoted from EJS:

    [quoted image]

    The kid gave you a cherry and some tap water. You made out ok though.

    #81 6 months ago
    Quoted from EJS:

    Yep. $3.52 for a medium cone at DQ. Captain Fantastic will have a slightly high price tag when I sell cause I need my cones.

    I got a large last summer and it was comically big.

    #82 6 months ago
    Quoted from FalconDriver:

    The kid gave you a cherry and some tap water. You made out ok though.

    I like this particular DQ cause they always give you a medium beverage sized water for free. Most other places give you the small blizzard sized cup. Plus their medium cones are actually medium. I still stop by to take my ma out for one just to get her out of her house for a little bit. She always gets the small size and half the time ours always look the same.

    It’s all about the specific store and how they are trained.

    #83 6 months ago
    Quoted from toddtuckey:

    Next time, tell them you used to get the same cone for 99 cents and that's ALL your paying!

    Here you go Levi. Real wisdom!

    #84 6 months ago
    Quoted from EJS:

    Yep. $3.52 for a medium cone at DQ. Captain Fantastic will have a slightly high price tag when I sell cause I need my cones.

    They jacked the price of a cone at my local DQ and I can’t even get a swirl cone because the chocolate side of the machine is still broken.

    #85 6 months ago
    Quoted from EJS:

    I like this particular DQ cause they always give you a medium beverage sized water for free. Most other places give you the small blizzard sized cup. Plus their medium cones are actually medium. I still stop by to take my ma out for one just to get her out of her house for a little bit. She always gets the small size and half the time ours always look the same.
    It’s all about the specific store and how they are trained.

    Yes one by me is much generous than store 6 miles away from me. Location is king!

    #86 6 months ago
    Quoted from CrazyLevi:

    The frozen dairy dessert market balloon is bound to pop (see this IS NOT a bubble thread).
    Only idiots are buying frozen dairy desserts today, when the price is bound to plummet next year.

    Hey now. My 13 year old wanted one of these for a recent celebration. He doesn't want to wait till next year for ice cream economics.
    Go ahead. Slice off a virtual slice Levi!

    DQ4LEVI (resized).jpg
    #87 6 months ago

    I would like a slice of that if you don't mind. You named your son Stewart? Great name.

    #88 6 months ago

    So there is a consumer price index that can be used to figure out how much the price is impacted by inflation. CPI today minus CPI from the past divided by CPI now times 100 is the percent of actual inflation. Not really sure which CPI is most relevant. Maybe recreation.

    #89 6 months ago

    DQ is some kind of money laundering front... have you ever tried to "open" your own DQ franchise? It can't and won't happen... I know, I have tried. Dairy Queen is some kind of "privately owned" entity and only "they" can decide when and where to put in a new one. You have to be some kind of "insider" or "friend of a friend" to be lucky enough to open a store. So why the heck is soft serve so cloak and daggerdly controlled?!? Something smells fishy in Denmark, I tell ya... Got to be some nefarious reason they keep that tight of a control on a lowfat ice milk product. I went through the drive in the other day, ordered a banana milkshake. I thought I was stuck in a scene from a Quintin Tarentino movie... "That will be $5.38..." That's a five dollar shake?, You don't put alcohol or nothin it it? And it cost five dollars?!? Wow, ok...

    #90 6 months ago
    Quoted from Bublehead:

    DQ is some kind of money laundering front... have you ever tried to "open" your own DQ franchise? It can't and won't happen... I know, I have tried. Dairy Queen is some kind of "privately owned" entity and only "they" can decide when and where to put in a new one. You have to be some kind of "insider" or "friend of a friend" to be lucky enough to open a store. So why the heck is soft serve so cloak and daggerdly controlled?!? Something smells fishy in Denmark, I tell ya... Got to be some nefarious reason they keep that tight of a control on a lowfat ice milk product. I went through the drive in the other day, ordered a banana milkshake. I thought I was stuck in a scene from a Quintin Tarentino movie... "That will be $5.38..." That's a five dollar shake?, You don't put alcohol or nothin it it? And it cost five dollars?!? Wow, ok...

    That ice cream cake above my wife spent $26 on at DQ!

    #91 6 months ago

    My initials are DQ so I feel like a traitor, but they refuse to give me a discount for having those initals so F 'em. Around here there are any number of places to get reasonably priced soft serve, but if you're happy with vanilla, it's hard to beat McDonald's.

    #92 6 months ago

    Do you guys ever look at the other nice niche items on the buy and sell pages and think - "Damn that's cheap, that's like half as much as a MM"

    That's when I realize that pinballs are in a bubble.

    #93 6 months ago

    I used to really like those Mister Misty freeze drinks when I was a kid. I think it was slushie mixed with the ice cream. Now I'm like alright that's way too much sugar.

    #94 6 months ago
    Quoted from Concretehardt:

    They jacked the price of a cone at my local DQ and I can’t even get a swirl cone because the chocolate side of the machine is still broken.

    Prices are up, yet build quality is down!!!

    Same old story!

    I bet those cones have serious dimpling issues. They try to explain that it's "waffling" and it's totally normal but we all know that's horseshit!

    There are 94 posts in this topic. You are on page 2 of 2.

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