(Topic ID: 40063)

Theory on why pinball prices have risen

By BradLinden

11 years ago


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There are 130 posts in this topic. You are on page 3 of 3.
#101 11 years ago

How about this for a theory: demand is greater than supply.

#102 11 years ago

Blame it on the trolls.

#103 11 years ago
Quoted from DEVILinIRON:

Blame it on the trolls.

Speaking of which, I watched the movie "Troll Hunter" last night. It was fun!

#104 11 years ago

F*** yes. That movie is awesome!

#105 11 years ago

How do think I was able to get into this hobby anyway?
th-3.jpegth-3.jpeg

#106 11 years ago
Quoted from RobT:

No. You are misunderstanding what I was saying.
I have zero problem with price discussion when it comes to a specific pin. "Price check" threads are great. I defend them all the time, even when others bash them and accuse the OP of "being lazy" for not doing their own research.
What I'm talking about is these non-stop threads on pin prices *in general*. They pop up seemingly every day. And guess what? They are never helpful. Any newbie reading this thread wouldn't really find any useful information to help them gauge a fair price for a specific pin that they are looking to buy.
"Theory on why pinball prices have risen"? Yes we need another thread like that, cuz it's never been discussed here ...since two days ago. It's even more annoying when you consider that the "theory" is known: it's called supply and demand.

It could be that people posting about price trends are not on pinside everyday like you, and myself. Your efforts to stop price posts would be more effective by not posting inside of the thread. Beating up on those that are trying to take part in a great forum because of something you are annoyed by is a great way to turn this forum into RG... never mind.

#107 11 years ago
Quoted from DEVILinIRON:

F*** yes. That movie is awesome!

see here we go again. Censored swearing. Is this done automatically. Because I see all my stuff show up fine.
Screw pin pricing...I want to get to the bottom of making sure my F^(k you's are getting out there correctly.

Post edited by absocountry2 : Profanity edited

#108 11 years ago

I've been on this forum pretty regularly reading tons of posts. I still, no matter what all the "pros" in here say, think that a 20+ years pinball machine is worth more than a new car. You could fill an entire basement with fun lower rated games that are still over priced. The prices are almost at the point where you are relying on the investment and you don't want to play it. What's that say about the love of the game. However, after reading a few news articles, 40% of the US wealth is held by the 1%. That's 35 million people willing to throw insane amount of cash into the garbage. So for sellers I say good luck, you definitely have the market. For buyers, pray you get one left to you in a loved one's will. You're never gonna afford one of these.

#109 11 years ago

I wish more people would read those articles.

#110 11 years ago

I think prices have lowered the last few months. Haven't you noticed a bunch of for sales where they have to keep bumping them. 2 medieval madness machines went for sale a month or so ago. the asking prices were in the 12k range. were bumped on here a number of times. then I saw it on Mr. Pinball Classified., etc. Usually prices like that sell right away. Those 2 sellers had real trouble unloading those mm's. some people blast Boston Pinball for no reason for their price points. They have MM at 12.2k for average ebay sale. I guarantee both those mm's sold for less than that. I remember at least one of them being lowered into the 11k range and said he would ship where he wasn't willing before. think that one was in Washington state.

#111 11 years ago

I would love to get a high priced MB ( just an example of a high priced pin that I want but will never buy). But its not that cool. And I'm not part of the 1%. Yeah, There are at least 3 other pins I can think of that would do just fine in place of one MB.

Quoted from Tseamans:

I've been on this forum pretty regularly reading tons of posts. I still, no matter what all the "pros" in here say, think that a 20+ years pinball machine is worth more than a new car. You could fill an entire basement with fun lower rated games that are still over priced. The prices are almost at the point where you are relying on the investment and you don't want to play it. What's that say about the love of the game. However, after reading a few news articles, 40% of the US wealth is held by the 1%. That's 35 million people willing to throw insane amount of cash into the garbage. So for sellers I say good luck, you definitely have the market. For buyers, pray you get one left to you in a loved one's will. You're never gonna afford one of these.

-1
#112 11 years ago
Quoted from Tseamans:

I've been on this forum pretty regularly reading tons of posts. I still, no matter what all the "pros" in here say, think that a 20+ years pinball machine is worth more than a new car. You could fill an entire basement with fun lower rated games that are still over priced. The prices are almost at the point where you are relying on the investment and you don't want to play it. What's that say about the love of the game. However, after reading a few news articles, 40% of the US wealth is held by the 1%. That's 35 million people willing to throw insane amount of cash into the garbage. So for sellers I say good luck, you definitely have the market. For buyers, pray you get one left to you in a loved one's will. You're never gonna afford one of these.

I wish more people would understand the marxist motivation behind these articles.

#114 11 years ago
Quoted from PEN:

I wish more people would understand the marxist motivation behind these articles.

I wish I could comment on this with out risking breaking forum policies. I am sure I would offend someone. LOL

I will let Jake and Elwood do it for me... 1:31 into clip

#115 11 years ago
Quoted from Tseamans:

I've been on this forum pretty regularly reading tons of posts. I still, no matter what all the "pros" in here say, think that a 20+ years pinball machine is worth more than a new car. You could fill an entire basement with fun lower rated games that are still over priced. The prices are almost at the point where you are relying on the investment and you don't want to play it. What's that say about the love of the game. However, after reading a few news articles, 40% of the US wealth is held by the 1%. That's 35 million people willing to throw insane amount of cash into the garbage. So for sellers I say good luck, you definitely have the market. For buyers, pray you get one left to you in a loved one's will. You're never gonna afford one of these.

well... far fewer than 35 million... 3.5 million, unless the population of the usa is 3.5 billion....

then subtract out children, family members, etc. the number shrinks more...

doesn't change your point though, only reinforces it...

#116 11 years ago
Quoted from maddog14:

I wish I could comment on this with out risking breaking forum policies. I am sure I would offend someone. LOL
I will let Jake and Elwood do it for me... 1:31 into clip
» YouTube video

Im not sure what point your trying to make I am not a racist or a socialist.

#117 11 years ago

If you would like to discuss this further in PM, I would be more than happy to. But I will not tolerate being called ignorant.

#118 11 years ago
Quoted from PEN:

Im not sure what point your trying to make I am not a racist or a socialist.

I liked what you said and gave you a thumbs up. I got what you said.

Come on Blues Bothers is some funny chit.

#119 11 years ago
Quoted from maddog14:

I liked what you said and gave you a thumbs up. I got what you said.
Come on Blues Bothers is some funny chit.

Ah, I realized where you were going soon after I questioned you. I agree the BB movie is funny. I think everyone should read Karl Marx, and Milton Friedman, take a look at where the apposing view points have been applied, and come to there own conclusion.

#120 11 years ago

Milton Friedman and the Chicago school of economics have been proven to be dead wrong and very flawed on much of what still, inexplicably and unfortunately, remains "conventional wisdom". It's economic theory from the stone ages, ignoring (because it didn't exist yet) contemporary accepted understandings of, for example, game theory and numerous other now practiced - and unbiased - ways of looking at economics.

I would call failing to accept or acknowledge this a serious example of ignorance. Ignorance is not a put down, so long as its not intentional and celebrated. Stupid is a put down and I haven't called anyone stupid.

To get back on topic...if Milton Friedman were explaining why pinball prices are the way they are in 1945 or 1955, we'd probably assume he was right. Today, he'd probably just be talking out of his old, wrinkly and wrong a$$.

#121 11 years ago
Quoted from TheFamilyArcade:

Milton Friedman and the Chicago school of economics have been proven to be dead wrong and very flawed on much of what still, inexplicably and unfortunately, remains "conventional wisdom". It's economic theory from the stone ages, failing to ignore (because it didn't exist yet) contemporary accepted understandings of, for example, game theory and numerous other now practiced - and unbiased - ways of looking at economics.
I would call failing to accept or acknowledge this a serious example of ignorance. Ignorance is not a put down, so long as its not intentional and celebrated. Stupid is a put down and I haven't called anyone stupid.
To get back on topic...if Milton Friedman were explaining why pinball prices are the way they are in 1945 or 1955, we'd probably assume he was right. Today, he'd probably just be talking out of his old, wrinkly and wrong a$$.

So, do I have to google everything you said to try to figure out what you are saying?

Economics is not my area of specialty.

#122 11 years ago
Quoted from TheFamilyArcade:

Milton Friedman and the Chicago school of economics have been proven to be dead wrong and very flawed on much of what still, inexplicably and unfortunately, remains "conventional wisdom". It's economic theory from the stone ages, ignoring (because it didn't exist yet) contemporary accepted understandings of, for example, game theory and numerous other now practiced - and unbiased - ways of looking at economics.
I would call failing to accept or acknowledge this a serious example of ignorance. Ignorance is not a put down, so long as its not intentional and celebrated. Stupid is a put down and I haven't called anyone stupid.
To get back on topic...if Milton Friedman were explaining why pinball prices are the way they are in 1945 or 1955, we'd probably assume he was right. Today, he'd probably just be talking out of his old, wrinkly and wrong a$$.

Nelson, your just too smart for most of us simple folk on pinside! Stop hurting my feeble minded brain!

#123 11 years ago
Quoted from ccotenj:

well... far fewer than 35 million... 3.5 million, unless the population of the usa is 3.5 billion....
then subtract out children, family members, etc. the number shrinks more...
doesn't change your point though, only reinforces it...

Sorry, my bad on the math.

I'm also seeing more and more horders too, I've placed wanted adds on Craigslist, someone contacted me and said they had machine I wanted, in storage for the last ten years, but wasn't gonna dig it out until I gave him a price. I gave him a very good fully working, no flaws price. Never got a call back. Sad.

#124 11 years ago
Quoted from TheFamilyArcade:

Milton Friedman and the Chicago school of economics have been proven to be dead wrong and very flawed on much of what still, inexplicably and unfortunately, remains "conventional wisdom". It's economic theory from the stone ages, ignoring (because it didn't exist yet) contemporary accepted understandings of, for example, game theory and numerous other now practiced - and unbiased - ways of looking at economics.
I would call failing to accept or acknowledge this a serious example of ignorance. Ignorance is not a put down, so long as its not intentional and celebrated. Stupid is a put down and I haven't called anyone stupid.
To get back on topic...if Milton Friedman were explaining why pinball prices are the way they are in 1945 or 1955, we'd probably assume he was right. Today, he'd probably just be talking out of his old, wrinkly and wrong a$$.

Our recent financial problems are not a result of Free market economics. I would not assume Friedman was or is right nor would I assume you are right. I would however look at the effects of different economic and political practices and draw my own conclusion. When you used the word ignorant you were using it as a tactic to belittle me.

Using Game Theory I can agree with you. The outcome of a slow economy depends on the choices of all. Our government has chosen to back up the market before during and after a financial crises. The crises is not independent of that.

If you would like to make a compelling argument you are doing yourself and the argument a disservice by calling your opponent ignorant, old, or wrinkly.

As I have stated to you on several occasions both private and public. If you would like to discuss politics further I would be more than happy to in PM.

#125 11 years ago

Dude, you invoked Marx and Friedman, not me. You implicitly accused me of "not understanding" - AKA: ignorance - the "Marxist Motivations" of the people chronicling the indisputable fact that 40% of our nations wealth is owned and controlled by 1% of our population. Your original statement is ridiculous. And since you started this up publicly lets just leave it here, ok?

Facts have no "motivation". Here's another fact, I have not stated anything political. I agreed with someone who pointed out a factual truth...and then you brought outdated notions of a long irrelevant person and a political economy that hasn't existed since the industrial revolution into the discussion.

You were right about looking at opposing viewpoints, but Id much prefer using opposing viewpoints from THIS century as opposed to the 19th century - Marx - and mid 20th - Friedman - to understand our world. Modern economists know that there is no such thing as a free market. ALL markets are government influenced and its how they are influenced that determines the economy. Ours has been governed to radical economic inequality between the top 1% and the other 99% of us...by redistributing wealth from the bottom up through laws, policies and select enforcement and non enforcement of laws. Govt. intervention caused it and only government intervention can change it.

Not politics, just reality.

#126 11 years ago
Quoted from TheFamilyArcade:

Ours has been governed to radical economic inequality between the top 1% and the other 99% of us...by redistributing wealth from the bottom up through laws, policies and select enforcement and non enforcement of laws. Govt. intervention caused it and only government intervention can change it.

I agree the redistribution of wealth is a failure. What kind of government intervention would you approve of that will somehow not end up a mess of some sort?

Quoted from TheFamilyArcade:

You were right about looking at opposing viewpoints, but Id much prefer using opposing viewpoints from THIS century as opposed to the 19th century - Marx - and mid 20th - Friedman - to understand our world. Modern economists know that there is no such thing as a free market.

I could easily pick a "modern" economist to "understand our world". Would that make a difference to you?

Our human nature has not changed since Marx died in the 1883 or Friedman in 2006.

Are you suggesting that modern economist do not form their views or practice them without studying the men and women that came before them?

I used these conflicting view points not to belittle you or the person who originally posted, I also have not questioned your intelligence, or your understanding.

Quoted from TheFamilyArcade:

Your original statement is ridiculous. And since you started this up publicly lets just leave it here, ok

My original statement was to compare the recent battle cry of the occupy movement and the constant repetition of 99%... 1% without context, to marxism. People seem to be eating that up without understanding the motivations of many of the groups and individuals that repeat it over and over. The occupy movement is vague intentionally. They do not express a solution because they wish to not be exposed.

Speaking of original statements I can't seem to find the one you made about ignorance other then the quoted comment... thats odd.

We seem to agree at least in part that the government causes problems. I believe they can, have and will cause problems and make them worse.

The reason I would prefer to discuss this in a PM is to avoid pissing off those that would prefer not to have our obvious political passions posted on pinside. I am in no way trying to silence you....

Quoted from TheFamilyArcade:

Your original statement is ridiculous.

.....If we spoke in private I would continue to not use words like ignorant, irrelevant, and ridiculous. I do not believe your ideas are ignorant, irrelevant or ridiculous. These terms are vague for a reason, they prove no points and are only used to silence apposing views. Try not to get upset about me suggesting we discuss in a PM. I was not pointing a finger at you or implying I am not guilty of bringing up politics.

Do you think our entire constitution is irrelevant? It predates the two men I used as examples. Because an idea is considered outdated by you does not make that idea irrelevant.

You are entitled to your opinions. I have no problem with discussing them here or one on one. If you were able to I would gladly invite you to my house to play pinball with or without talking politics or economics. Im sure you would find me to be a kind and inviting person. Have a great day/week. Oh, and I like your pin collection.

#127 11 years ago

Did anyone already mention that you can still get a quality game like Baywatch for around $1500?

#128 11 years ago

I will give you $1400 for it

#129 11 years ago

$1201 trickle down see how easy economics is.

I guess I missed all the politics.

I strongly believe with this thread title that economics should be at the forefront of the conversation.

LOL I stand corrected.

#130 11 years ago

Pinball:
Seriouz biznezz.

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