(Topic ID: 290984)

Let’s Talk Pinball Pricing!

By wolverinetuner

3 years ago


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    There are 1,064 posts in this topic. You are on page 9 of 22.
    #401 2 years ago
    Quoted from mamawaldee:Most pinsiders seem to hate price/bubble threads, but I love them. It provides therapy for seeing this hobby go from entertainment to investment vehicle.
    I know it's the fault of "markets", and people are paying these stupid prices, but all I want to know is where do they work to have that much disposable income? Is everybody a lawyer, doctor, dentist or CEO now?
    I'm a lowly electrical engineer and dont have the stomach to drop that much cash for games anymore. I am lucky to have collected several pins (most acquired before the price lunacy). I used to add one every year on average when prices were under $5k. My taste unfortunately is Bally Williams A-list. The last one was MBrLE.
    I'm done now, I can't justify it anymore. Yea I could sell a bunch and downsize to a couple uberpriced titles. But I wanted a couple dozen mostly 90s pins (and a handful of select Sterns). At these prices, that would exceed the purchase price of the house. That just should not be.
    I doubt it would happen, but a burst of this bubble would make me very happy indeed.

    The good news is, there's plenty of other hobbies out there to keep a person entertained.

    #402 2 years ago

    As long as NIB games keep going up so will the prices of used titles. Look what happened after Stern and JJP did their recent price increase, everything went up again. It's definitely not the last price increase either lol. I'm sure Stern is thinking "Why not raise LE prices to $12k if people are selling them for $15k+".

    #403 2 years ago
    Quoted from PanzerFreak:

    As long as NIB games keep going up so will the prices of used titles.

    I see used prices of DMD machines reaching the same as NIB games soon (realize certain titles have already). There is a finite amount them, and they have themes you'll never see again. Personally, I also prefer DMD over these newer games with huge LCDs. I stare at multiple LCD screens for work all day, if I want to continue doing so for leisure I'll play a console or PC game. DMDs give the nostalgia factor to pinball that makes me appreciate it. Swap in a color DMD, and it's a thing of beauty.

    Maybe that's just me, but I'm surprised many others don't feel the same. I've yet to find a newer game where the big LCDs even add anything, other than more info then I have time to consume while flipping. The band machines add a little fun with the live performance clips, but for the most part everything else looks like a cheap mobile game.

    #404 2 years ago
    Quoted from JohnTTwo:

    I’m just a lowly construction worker.

    Where do you live where you can buy a house for the cost of 12 pins?

    In the small Kansas town I used to live in, I had a 5 bedroom house that I paid 40k for. 3.3k per pin avg. I could see it.

    #405 2 years ago
    Quoted from JohnTTwo:

    Where do you live where you can buy a house for the cost of 12 pins?

    You can buy a nice house in my neighborhood for the cost of 12 Elvira's House of Horrors 40th LEs.

    1 week later
    #406 2 years ago
    Quoted from wolverinetuner:

    It’s interesting to read how back then the price for TAF had “increased significantly” to an average of $4500-$5000.

    I remember back when TAF hit 2K on average and I was thinking that prices were getting ridiculous.

    #407 2 years ago
    Quoted from littlecammi:

    You can buy a nice house in my neighborhood for the cost of 12 Elvira's House of Horrors 40th LEs.

    And how many HOH 40th’ s to cover property tax?

    #408 2 years ago

    Kaneda is reporting that Stern will be raising prices again in April by $400. I guess that means premiums will now be $9k+, crazy.

    I wouldn't be surprised if the next JJP CE is $14k - $15k and LE's $11,500 - $12k.

    #409 2 years ago
    Quoted from PanzerFreak:

    Kaneda is reporting that Stern will be raising prices again in April by $400. I guess that means premiums will now be $9k+, crazy.
    I wouldn't be surprised if the next JJP CE is $14k - $15k and LE's $11,500 - $12k.

    Great. Can't wait for the avalanche of whiny threads about it.

    F U Stern and your price increases II?

    I'd just like to point out that all of us are raising prices far more and faster than Stern or anybody else ever has.

    #410 2 years ago
    Quoted from CrazyLevi:

    Great. Can't wait for the avalanche of whiny threads about it.
    F U Stern and your price increases II?
    I'd just like to point out that all of us are raising prices far more and faster than Stern or anybody else ever has.

    Yup. It’s nuts, can’t even really complain about it when the prices are already so insane. “Oh a Stern LE is now $11,400 instead of $11k? Ok” lol.

    #411 2 years ago
    Quoted from PanzerFreak:

    Kaneda is reporting that Stern will be raising prices again in April by $400. I guess that means premiums will now be $9k+, crazy.
    I wouldn't be surprised if the next JJP CE is $14k - $15k and LE's $11,500 - $12k.

    At this point it's not even mostly flippers raising prices anymore, it's the distributers themselves adding "market adjustments". So yeah Stern may as well raise prices, they are clearly leaving money on the table.

    -4
    #412 2 years ago

    Just wait for the price increases due to recent events to hit us. More are on the way.

    Keep on buying.

    2 weeks later
    #413 2 years ago

    A current thread on a for-sale machine produced a suggestion that Pinside implement a system to flag ads where pins are listed at a price well-above average. My initial reaction is that it wouldn’t be doable. What do you think?

    #414 2 years ago
    Quoted from wolverinetuner:

    A current thread on a for-sale machine produced a suggestion that Pinside implement a system to identify ads where pins are listed at a price well-above average. My initial reaction is that it wouldn’t be doable. What do you think?

    Why do this?

    #416 2 years ago

    It kind of informally exists already. Any post linked to a classified ad that has a lot of replies is either a fantastic price or a nonsensically high price.

    #417 2 years ago
    Quoted from trecemaneras:

    It kind of informally exists already. Any post linked to a classified ad that has a lot of replies is either a fantastic price or a nonsensically high price.

    That’s true, the price police cause the thread to show up as flaming. But that doesn’t happen when the ad isn’t also made a thread. Unless, I guess, if someone else starts a thread about the ad.

    #418 2 years ago
    Quoted from wolverinetuner:

    A current thread on a for-sale machine produced a suggestion that Pinside implement a system to flag ads where pins are listed at a price well-above average. My initial reaction is that it wouldn’t be doable. What do you think?

    It's an absolutely terrible idea and it's dumb. It's also stupid.

    I wish people would stop suggesting this.

    And you know what's way more annoying to me than people posting ridiculous price ads? People trying to beat me up on price by citing "pinside suggested values," which are WAY too low. I had a Breakshot on sale on Craigslist for a perfectly reasonable $2100, and someone came at me with "Pinside values say it should be $1300 blah blah blah."

    There's no way to keep up with this stuff. You can't base any ridiculous guidelines on "pinside values" which are always wildly out of date. There's no way for it to make any sense. And it's ridiculous to expect Pinside to police ad prices to this degree.

    And not sure if folks realize this or not, but Pinside - in theory anyway - benefits from sales here. Why do they want to discourage people from posting ads?

    #419 2 years ago

    What’s impossible to predict is which themes will be in high demand over others. For instance, I paid more for Star Trek LE than I did for Metallica LE. Today the prices are not even close on them. Looking at the prices now, I wish I would’ve stuck out the JJP Pirates waiting list. Buying one of those now is just crazy and I can’t justify the prices. Some say the pricing will come back down, but they’ve been saying that way back when original MM were $4000 and the old timers were complaining about the pricing then. Who knows

    #420 2 years ago
    Quoted from PanzerFreak:

    As long as NIB games keep going up so will the prices of used titles. Look what happened after Stern and JJP did their recent price increase, everything went up again. It's definitely not the last price increase either lol. I'm sure Stern is thinking "Why not raise LE prices to $12k if people are selling them for $15k+".

    Prices will continue to climb as long as more buyers exist than games for sale.

    Price is the AGREEMENT POINT between SUPPLY and DEMAND.

    Suppose a movie comes out that features a neato car. In few weeks, the prices will go up 50%. Sometimes 500%. Because the DEMAND went up 500%.

    Before the Tucker movie came out, you could buy a Tucker Torpedo for $50k or less.

    Now it's a $2 million car. Because the movie made 230 million people aware of the car. Instead of a tiny handful of collectors.

    If the economy tanks, you'll see the prices of pins come down as the number of buyers drops and the number of sellers increase.

    A_Look_Back_at_Tucker_The_Man_and_his_Dream_hero (resized).jpgA_Look_Back_at_Tucker_The_Man_and_his_Dream_hero (resized).jpg
    #421 2 years ago
    Quoted from Reality_Studio:

    At this point it's not even mostly flippers raising prices anymore, it's the distributers themselves adding "market adjustments". So yeah Stern may as well raise prices, they are clearly leaving money on the table.

    I'm not trying to break your balls, but I don't understand why people think that "flippers" can set the pricing for stuff.

    THE BUYERS ARE SETTING THE PRICES.

    If I put my TAF on ebay at $1, and let the bidding run 10 days, I would end up with the $12,000 or so that the BUYERS are paying now. Because the BUYERS would hammer each other until the final two bidders pushed the price to $12,000.

    Whenever prices go up in any collector market, everyone starts complaining about how "flippers" or "greedy sellers" are making the prices go up. But it's actually the demand that makes the market jump.

    One of the things that made the prices of just about every collector market go up is baby boomers. They're all done paying off mortgages and college tuition for their kids. But they're in the prime earning years of their life.

    Notice how Corvettes went from $35,000 sports cars to $75,000 supercars? Boomers love Vettes. In 1985, Boomers were still paying for their kid's braces. They couldn't afford a $75,000 Vette. But they can now. So Chevy built one for them.

    Think about a 60 year old dentist making $250k a year and his wife works in insurance making $100,000 a year. And no kids to pay for and no mortgage to pay off. $350k a year is enough to afford any muscle car or Colt cowboy gun or pinball you want.

    #422 2 years ago

    When the Mazda Miata came out in 1991 or so, the sticker was $14k and the dealers were adding another $6k "additional dealer profit".

    6 months later, after the foam-at-the-mouth excitement was over, they were selling for $12k.

    DEMAND SETS PRICES hand in hand with the level of supply.

    #423 2 years ago
    Quoted from wolverinetuner:

    A current thread on a for-sale machine produced a suggestion that Pinside implement a system to flag ads where pins are listed at a price well-above average. My initial reaction is that it wouldn’t be doable. What do you think?

    That is a tremendously bad idea.

    I posted up a silly thread, demanding a free ToM pin as a friendly poke at all the people whining about prices.

    Every collector market has people putting stuff up for sale at ridiculous prices. It does no harm.

    There are people who will post stuff for sale at nosebleed prices and the thing sits unsold for YEARS. And they don't mind. It's silly, but it makes them happy.

    The only people who fall for super-high prices are the clueless retail shoppers who will buy one pin at some showroom and never buy another. And that's not the same people who buy and sell on pinside. So who cares?

    #424 2 years ago

    After seeing this idea suggested in other threads, I thought it deserved a more thorough discussion here. I haven’t been in favor of it. Will anyone try to defend it, or is this a unanimous verdict?

    #425 2 years ago

    People can ask whatever they want… it’s up to buyers to pay, negotiate, or wait.

    #426 2 years ago
    Quoted from irobot:

    I'm not trying to break your balls, but I don't understand why people think that "flippers" can set the pricing for stuff.
    THE BUYERS ARE SETTING THE PRICES.

    That's mostly true and I'm not complaining, it's how a capitalist system works. Having said that flippers/distributers can normalize higher prices by listing them at above msrp. There's a psychology to pricing, it's all a grand manipulation, the auto auction market kinda does the same thing.

    #427 2 years ago
    Quoted from irobot:

    Prices will continue to climb as long as more buyers exist than games for sale.
    Price is the AGREEMENT POINT between SUPPLY and DEMAND.
    Suppose a movie comes out that features a neato car. In few weeks, the prices will go up 50%. Sometimes 500%. Because the DEMAND went up 500%.
    Before the Tucker movie came out, you could buy a Tucker Torpedo for $50k or less.
    Now it's a $2 million car. Because the movie made 230 million people aware of the car. Instead of a tiny handful of collectors.
    If the economy tanks, you'll see the prices of pins come down as the number of buyers drops and the number of sellers increase.[quoted image]

    The movie came out in 1988 at that time cars were about 50K, but in the last 10-15 years with televised auctions has prompted those with serious money to bid on the 51 cars produced. so 34 years later Boom price explosion.

    1 week later
    #428 2 years ago

    Been out of this for too long to catch up.

    #429 2 years ago

    We also have to account for negotiation prices. Sure, a pin may be selling for a ridiculous price, but say someone says they're interested, they come to look at the machine, and they offer a price that's lower.

    That may annoy the seller, but suddenly when they see that cash on glass their eyeballs turn to dollar signs. It's hard to resist saying no to a wad of cash when it's right there for the taking. Of course I'm talking in relative pricing terms; A Lord of the Rings owner isn't going to sell for $5k, but if they get offered a price that's within $1000 of what they want, they'll be tempted.

    1 month later
    #430 1 year ago

    https://pinside.com/pinball/market/classifieds/ad/133749

    I only ask because it's a title I might want to get later. No, this isn't about pinball prices on a whole. I'm just asking, is this really it's value today? Or just that one off thing.

    But to say it's worth this much, or that the "infamous auction" sale price is the benchmark?

    #431 1 year ago
    Quoted from MtnFrost:

    https://pinside.com/pinball/market/classifieds/ad/133749
    I only ask because it's a title I might want to get later. No, this isn't about pinball prices on a whole. I'm just asking, is this really it's value today? Or just that one off thing.
    But to say it's worth this much, or that the "infamous auction" sale price is the benchmark?

    By “infamous auction,” are you referring to Banning?

    #432 1 year ago

    Also, I see it says “Sale Pending.” That might answer the value question.

    #433 1 year ago
    Quoted from wolverinetuner:

    Also, I see it says “Sale Pending.” That might answer the value question.

    No, because there is always a noob out there who can skew the value. I'm asking what others here think.

    #434 1 year ago
    Quoted from wolverinetuner:

    By “infamous auction,” are you referring to Banning?

    Yep.

    #435 1 year ago
    Quoted from MtnFrost:No, because there is always a noob out there who can skew the value. I'm asking what others here think.

    Why would a “noob” be after a cosmic princess? That’s not a game someone played in college and they suddenly want for their game room, it’s a collector game.

    It’s a super rare game in nice shape, of course that price is reasonable.

    #436 1 year ago
    Quoted from CrazyLevi:

    Why would a “noob” be after a cosmic princess? That’s not a game someone played in college and they suddenly want for their game room, it’s a collector game.
    It’s a super rare game in nice shape, of course that price is reasonable.

    Using the term generically to incorporate any one single individual who overpays by a large margin. It's not meant to be taken literally.

    That aside, ok, thanks. Everyone agree it's reasonable and in line with what you value the pin at?

    #437 1 year ago
    Quoted from MtnFrost:

    Using the term generically to incorporate any one single individual who overpays by a large margin. It's not meant to be taken literally.
    That aside, ok, thanks. Everyone agree it's reasonable and in line with what you value the pin at?

    Yes. Everyone agrees.

    #438 1 year ago
    Quoted from CrazyLevi:

    Yes. Everyone agrees.

    Thanks, you've already had your vote. Being a * doesn't make it count anymore.

    #439 1 year ago

    Recently 7 or 8 classic sterns were posted by the same seller in the classifieds. One was a dragonfist with playfield wear so bad that Bruce’s face was worn away and someone drew it back in with what looks like a sharpie lol. It was listed for $6700 and was pending within a couple hours (same with his Cue! listed for $20,000). So the $9000 for Star Princess, with no marker art repairs haha, didn’t seem surprising to me.

    https://pinside.com/pinball/market/classifieds/archive/132555

    #440 1 year ago
    Quoted from trecemaneras:

    Recently 7 or 8 classic sterns were posted by the same seller in the classifieds. One was a dragonfist with playfield wear so bad that Bruce’s face was worn away and someone drew it back in with what looks like a sharpie lol. It was listed for $6700 and was pending within a couple hours (same with his Cue! listed for $20,000). So the $9000 for Star Princess, with no marker art repairs haha, didn’t seem surprising to me.
    https://pinside.com/pinball/market/classifieds/archive/132555

    With a sharpie? Wow.

    #441 1 year ago
    Quoted from MtnFrost:

    With a sharpie? Wow.

    It was probably just some noob who bought that!

    #442 1 year ago

    This is a good sign.

    (Note... do your own due diligence before buying anything from anyone).

    mad22 (resized).pngmad22 (resized).png

    Looks like they are caught up on demand and in stock... 12 months after release...

    #443 1 year ago
    Quoted from CrazyLevi:

    It was probably just some noob who bought that!

    No doubt!

    #444 1 year ago
    Quoted from CrazyLevi:

    It was probably just some noob who bought that!

    So noobs don't know the difference between a game that "looks sharp" and one that "looks sharpied"?

    #445 1 year ago
    Quoted from MtnFrost:

    Thanks, you've already had your vote. Being a * doesn't make it count anymore.

    But that's what he does!

    #446 1 year ago
    Quoted from SantaEatsCheese:

    This is a good sign.
    (Note... do your own due diligence before buying anything from anyone).
    [quoted image]
    Looks like they are caught up on demand and in stock... 12 months after release...

    Then how much is the Mando Prem Sharpied?

    1 week later
    #447 1 year ago

    5/14/22: Interesting discussion in separate thread asking for pricing advice to quickly sell three Stern pro pins: Guardians of the Galaxy, Star Wars, and Teenage Mutant Ninja Turtles. Seller ended up selling them for $6200, $5500, and $5700, respectively.

    https://pinside.com/pinball/forum/topic/move-it-now-prices

    1 week later
    4 weeks later
    #449 1 year ago

    June 2022 update, Jersey Jack has announced the release of it’s latest pin, Toy Story 4:

    No standard edition
    LE $12,000
    CE $15,000

    #450 1 year ago

    If everything is an LE, then nothing is, right? Can something even be an LE if there's no lower tier for it to be above?

    There are 1,064 posts in this topic. You are on page 9 of 22.

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