I want to start off by stating I understand the law of supply and demand, price guides are more of a guidelines and not always accurate and some pin's are rare / popular and command a higher dollar.
That being said I find it really disheartening when I find a pin for sale online or at local dealers (not all but most) that is super over priced. I can't imagine that a Demolition Man Pin in good condition is worth $2700 USD....book value states $1400 - $1700. Do people really pay these prices??
Recently I scanned Craigs list to find some local sales, I found two pins that seemed to be reasonably priced so I called and scheduled a time to take a look. As I arrived at the first home the seller told me a man just bought the pin (Twister) less than 10 minutes ago, I asked how much he paid for it and was told he let it go for $800 (a steal). I figured oh well win some lose some and started my trek across town to visit the next seller. I arrived right as a man was loading a nice looking Sourcer into the back of his truck (right next to a Twister pin I might add) I introduced myself to the seller as his 2pm and he told me sorry he just sold it, I asked what he sold it for and the man loading the pin told me it was not my business what he paid for it. The seller which was a nice older gentleman told me he got $650 in cash for it.
I asked the guy who bought both these pins if I could make an offer to purchase one from him, he said no problem and gave me a card. He told me he needed to shop both of the pins and I could come by his store later in the week. On Thursday I took a long lunch at work and went and visited his store / auto repair shop, he had 5 pins for sale including both he just bought last weekend, all the pins had masking tap on them with prices ranging from $1000 to $2100...Twister was $1875 and Sourcer was $1650. I offered $900 for Sourcer and he laughed, he told me only a fool would sell a great game like this for $900, I told him I knew what he paid for it and the book value was $900 - $1200. The seller said that the book value doesn’t mean anything as he will "get $1650 all day". I then asked about Twister and he told me "it's on consignment and he can’t take less than $1850 for it or he'll lose money”. I thanked him for his time and told him that we need more honest people like him in the industry...he had the audacity to tell me "I agree and come back and play the games anytime as they are always on free play"...WHATEVER!!
I guess I am just off my rocker, I personally have sold 2 pins and even though I put in the maintenance time I didn’t make a lot of money ( Space Shuttle bought for $900 and sold and delivered for $950).
I know there are stories out there about great finds and deals but does that give the purchaser the right to gouge the next consumer or is it buyer beware??