(Topic ID: 22952)

There is so many people selling pins 2 or 3 times what they are worth!


By xkane47

7 years ago



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  • 56 posts
  • 38 Pinsiders participating
  • Latest reply 7 years ago by spfxted
  • Topic is favorited by 1 Pinsider

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    There are 56 posts in this topic. You are on page 1 of 2.
    #1 7 years ago

    I have been looking for pinball to buy for a few months now, I can't believe my eyes when I see terminator 2 3800$, Addams Family 7000$, a fake special eddition of Bram stocker Dracula 4500$, some 80's and even 70's pin over 2000$ ... And I'm not even talking about Twilight Zone, Medieval Madness and Attack from Mars! I think most of us are able to restore and take care of our pins, why would I spent twice the price because there is a figurine inside and there is no scratch. Scratches are easy to repair.

    #2 7 years ago

    Word.

    #3 7 years ago

    I think this is actually becoming ridiculous. Maybe with the way some pins have skyrocketed in the past year (AFM, Im looking at you) People are wanting/expecting their machines to do the same or at least ride a little in their wake.

    Im sorry, your 'Real nice!' Indiana Jones is not worth $5500 if its got fade on both sides of the cabinet.

    You clearcoated your playfield????? Still doesn't mean your 3-4K machine is now worth 2 grand more.

    As much as people hate it when threads get jacked, to paraphrase The Joker, 'This hobby deserves a better class of price police'.

    If we don't call people out on their ridiculousness, we won't be able to slow it.

    Pinball machines are limited guys. There are only 3K of many titles made. If we slap an extra few thousand on even a dozen machines, thats a price increase.

    You see new guys in this hobby (me included, Iv only been doing this a year) always saying they will never be able to afford a Monster Bash or a MM, Soon the prices on these machines are going to make them say this about the hobby across the board.

    /end rant

    #4 7 years ago

    its a sellers market.... blah blah.. It only matters if goof balls keep paying these prices to keep the perceived value up there.. I for one have the means to purchase high ticket items but still find myself going to Costco to buy the $1.68 milk instead of paying $3.99 at the grocery store.

    I cant justify spending over a certain $ for certain games, its just not good sense.

    #5 7 years ago

    Have you ever torn a play field completely down and clear coated it?

    I'm with you on the prices though a Clear Coated CQ game with a Clear Coated PF is going to easily add $2K to the price. If you do it your self it is probably a good 100 labor hours plus having a professional clear the PF.

    #6 7 years ago
    Quoted from stevedave:

    I cant justify spending over a certain $ for certain games, its just not good sense.

    this +1

    #7 7 years ago

    Unreasonable priced machines sit

    #8 7 years ago

    Price is all about perception and willingness to pay. As a noob to the hobby, it sucks that pin prices are so high. With the market where it is, I have to decide whether I want to throw down some dough to partake or not. To the dismay of my wife, I choose to play. That being said, T2 at $3,800 is crazy. And LOTR is overrated (ha!)

    #9 7 years ago

    Perfect example. Saw a Bally Skateball on CL for $2000. PQ btw nothing special. Sold mine for $700 a year and a half ago and was happy to get it

    #10 7 years ago

    People are asking, not selling at 2-3X value. Pins are selling for current market prices (though those valueations are inflated by at least 50% IMO) Time will tell if prices return to sanity or this is the way of the pin world. I'm dealing with it by holding on to my "A" titles and getting my new blood fix with B-C titles and older EM games that can still be had at reasonable prices. New Stern prices are over the top given the poor quality. Unfortunately JJPs entry into the market and high bar pricing has had an updraft effect on new pins. I'm hoping JJPs WoZ quality when it's in consumers hands will make people realize they are paying way too much for the new Sterns and those prices will come back to earth.

    #11 7 years ago

    Sorry...I think. $5,000 for an LE and $3,800 for a regular NIB is plenty. VERY tough to justify that $7,500 price tag for any machine....and I agree with stevedave, I also have the means...but it would have to be something REALLY special to get me to pay $10,000 for a machine! (Forbidden Planet or Day the Earth Stood Still, maybe)

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    #12 7 years ago
    Quoted from spfxted:

    (Forbidden Planet or Day the Earth Stood Still, maybe)

    The two classic '50s sci-fi movies. Just great. I have both movie posters in my game room.

    -1
    #13 7 years ago
    Quoted from spfxted:

    Sorry...I think. $5,000 for an LE and $3,800 for a regular NIB is plenty. VERY tough to justify that $7,500 price tag for any machine....and I agree with stevedave, I also have the means...but it would have to be something REALLY special to get me to pay $10,000 for a machine! (Forbidden Planet or Day the Earth Stood Still, maybe)

    Sure, very tough....but where is williams? Oh yeah, out of business

    #14 7 years ago

    Are you saying machines have to be $7,500 for the company to stay in business?
    I guess if Pinball catches on again and more people (and locations) buy them, prices should come down....I hope!

    #15 7 years ago

    And, yes, I like the Classic Stuff! (room #2 of 6 full of stuff)

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    #16 7 years ago
    Quoted from jrivelli:

    Sure, very tough....but where is williams? Oh yeah, out of business

    Not out of business, just out of the pinball business.
    They even have a WOZ to put next to your WOZ.

    http://www.wms.com/Pages/default.aspx

    #17 7 years ago
    Quoted from spfxted:

    And, yes, I like the Classic Stuff! (room #2 of 6 full of stuff)

    Very cool display! There's just something about the classics...

    #18 7 years ago

    There really are not many people trying (trying means failing) to sell pins for 2x/3x market price.
    They make the other market prices look reasonable.

    #19 7 years ago

    I know! All they had to do was re-make Day the Earth Stood Still the right way. Keep the same situation that made it a classic and just update the effects, and, of course, color. Why do they feel a "reimagining" of the film is needed. If that's the case...just leave the original alone and move on to an original theme. There are thousands and thousands of fantastic sci-fi books that have not been made yet....oops, sorry!...getting long winded here...

    movie.gif

    #20 7 years ago

    Unfortunately, small runs of pins cost more to make than big runs. If you can buy a Widget for $1.00 but 10 Widgets for $5.00 but you'll never need more than 2, you'll just buy the 2 for $2.00. When you add other Widgets, the price is higher. Unless there's a demand for 5,000+ games again, prices will be higher. Trust me, I agree, I still remember paying $400 for Doctor Who and $1600 for TAF.

    The BBBs that Gene sold for $4500 cost him $6500 to produce (he said). Some of that was poor money management, but still they are VERY expensive to produce in low quantities.

    #22 7 years ago

    Why do people not realize this fact. There is no true value of anything. Sure you can have a "fair market price" in mind, but that doesn't mean its worth that. Anything is worth what someone is willing to pay for it. May be more or less than you had in mind, but it is what it is. If something is priced "high" then chances are it sits for awhile or they don't get their asking price.

    #23 7 years ago

    I think this is an example of the "exception which proves the rule" fallacy. Just because someone throws a BSD in a casket and charges $4500 for it doesn't mean everyone else is selling BSD's for that amount. There are plenty of deals around. But like any hobby or industry, if you "want it now", you're going to pay through the nose. The key is to be patient.

    Today I'm going to pick up a game for $350, that averaged for sale on eBay at over $1100. Yesterday I turned down a Pinbot for ~$600. There are deals. You have to be patient.

    #24 7 years ago

    On the other hand Pinball machines break down a lot and then sit,
    a game thats not working is always worth less and if you have talent........

    #25 7 years ago
    Quoted from Leeps:

    Why do people not realize this fact.

    Logically they DO realize the facts of a free market. Emotionally "they" are unwilling to be patient

    #26 7 years ago
    Quoted from hank527:

    Have you ever torn a play field completely down and clear coated it?
    I'm with you on the prices though a Clear Coated CQ game with a Clear Coated PF is going to easily add $2K to the price. If you do it your self it is probably a good 100 labor hours plus having a professional clear the PF.

    I know clear coating a playfield is a LOT a work but the time we put in these machine is for us, it's a pastime. If we ask everybody, would you pay 2000 to get your pin clear coated, I'm not sure we would get many positive answers. I would clear coat my pin if I were to keep it. Take cars for exemple, you will never be able to have the full value of the equipment you put in it if you sell it. I feel that some guys put 2 or 3 toys worth 30-40$ each and sell the pin 800$ more.

    #27 7 years ago
    Quoted from HELLODEADCITY:

    On the other hand Pinball machines break down a lot and then sit,a game thats not working is always worth less and if you have talent........

    That's the truth!...ask my tech!

    #28 7 years ago

    I think its feeding itself.
    Example= I sell something I need to make enough to buy something I want.
    I have to jack my price to cover enough to get something else.

    So If my LOTR should be 4k and a SM should be 5k...but the SM is 6k that makes my LOTR 5k.

    #29 7 years ago

    I think the name of this topic is wrong. It should be "There are so many people asking..." not "selling". Big difference.

    Quoted from spfxted:

    Sorry...I think. $5,000 for an LE and $3,800 for a regular NIB is plenty. VERY tough to justify that $7,500 price tag for any machine....and I agree with stevedave, I also have the means...but it would have to be something REALLY special to get me to pay $10,000 for a machine! (Forbidden Planet or Day the Earth Stood Still, maybe)

    Then you're not in the market for a nib pin. The folks making them have every right to charge what they want. Because what you think is a fair price is irrelevant. The person selling them decides the price. If they sell at those prices then that's what they are worth. If they don't sell then the price was too high.

    Quoted from DrStarkweather:

    I think this is actually becoming ridiculous. Maybe with the way some pins have skyrocketed in the past year (AFM, Im looking at you) People are wanting/expecting their machines to do the same or at least ride a little in their wake.
    Im sorry, your 'Real nice!' Indiana Jones is not worth $5500 if its got fade on both sides of the cabinet.
    You clearcoated your playfield????? Still doesn't mean your 3-4K machine is now worth 2 grand more.
    As much as people hate it when threads get jacked, to paraphrase The Joker, 'This hobby deserves a better class of price police'.
    If we don't call people out on their ridiculousness, we won't be able to slow it.
    Pinball machines are limited guys. There are only 3K of many titles made. If we slap an extra few thousand on even a dozen machines, thats a price increase.
    You see new guys in this hobby (me included, Iv only been doing this a year) always saying they will never be able to afford a Monster Bash or a MM, Soon the prices on these machines are going to make them say this about the hobby across the board.
    /end rant

    A little bit of cabinet fade on the side that sits sandwiches in between other pins and you cannot even see it doesn't ruin the whole value of the machine. Yes, there are ij out there that are selling for $5500 with some minor fade. Selling - not just being listed.

    And price police have no impact on the prices. Supply / demand does. If something is listed too high then it won't sell. It's really that simple. Price police just sound like a bunch if cry babies that can't afford a pin.

    #30 7 years ago

    I'm just as upset as the next guy about what's happening with pin prices, but the bottom line is that prices are going to go where they are going to go. It's Economics 101. A pinball machine doesn't have some kind of magical intrinsic value which makes it worth x amount of dollars. It's worth what someone is willing to pay for it, period. If enough people start paying $8,000 for a faded IJ, then guess what, faded IJs are officially worth $8K.

    -1
    #31 7 years ago

    Reminds me of discussions gone by.....
    Why is MM higher than AFM when its the same game.

    #32 7 years ago

    How about why is a MM worth as much as putting a hottub and patio combined in your backyard? Seems a little extreme no?

    #33 7 years ago
    Quoted from Capper96:

    How about why is a MM worth as much as putting a hottub and patio combined in your backyard? Seems a little extreme no?

    To each their own. The 1%ers will take over the world one pinball at a time

    #34 7 years ago
    Quoted from Capper96:

    How about why is a MM worth as much as putting a hottub and patio combined in your backyard? Seems a little extreme no?

    Funny you say that.
    I just sold a BR for $2100 ...Thats halfway to a xmen pro or???

    New 50inch TV with nice sound system - New shotgun -
    And still have 1k in my pocket...tough call.

    Funny how we justify costs on toys.

    #35 7 years ago
    Quoted from stevedave:

    The 1%ers will take over the world one pinball at a time

    down with the 99%

    #36 7 years ago

    like my uncle mitt always says

    UncleMitt.jpg

    #37 7 years ago

    I like your uncle.

    #38 7 years ago
    Quoted from Leeps:

    Why do people not realize this fact. There is no true value of anything. Sure you can have a "fair market price" in mind, but that doesn't mean its worth that. Anything is worth what someone is willing to pay for it.

    True dat!

    I think the best we can do is let these pins sit. Don't even send them low balls, it just makes them hungrier.

    #39 7 years ago

    Ya'll can let them sit.

    If I find one I want, for a price I am willing to pay, I'll cough up the dough.

    As it's been said before, in one of the other 2 million "price bubble" threads.... This happens everywhere, from guns to cars. When Obama was elected, I made a killing selling off my AR-15's, and re-bought brand new ones 2 years later for half the price.

    Pins may never come back down, but it's all part of the fun isn't it?

    And if the price just stays the same there are very few items you can buy, use for 3 months, and then resell for the same price.

    #40 7 years ago
    Quoted from Wolfmarsh:

    And if the price just stays the same there are very few items you can buy, use for 3 months, and then resell for the same price.

    pretty much sums up my feelings. tired of the tron pro you bought last year? sell it and pick-up a quick grand.

    #41 7 years ago

    I have seen people whine for 5 years. Prices keep going up during this time for certain machines, due to demand, restored, huo, limited edition, whatever. You can't stop supply and demand. A few guys now say that they can't or won't buy, but what it going on with prices? Up. For every whiner, there is maybe 2 new people getting in, wanting a machine in their house. Then, if they can, they get another. Just the way it is, right now. Won't last forever.

    The train left the station. You can look back, whine, and miss out on some fun, or see if you can catch the train, get on, and see where it takes you 2-3 years out, maybe even 10-20 years out.

    If you want a machine, look for a decent deal near you, buy it, play it and have fun. Doubt if you will ever lose ALL of your money. You might play for a year or two free, or possible make a little.

    Good luck! Great hobby currently.

    #42 7 years ago

    Buyers control the prices. As long as there are buyers prices will rise. Sellers are not sellers without buyers...

    #43 7 years ago

    If there's one thing humans do really well, it's complain.

    Too bad there's not an Olympic medal available in that.

    Don't worry though. Pinball prices will go back down. Especially once holodeck technology comes out.

    #44 7 years ago
    Quoted from teekee:

    Buyers control the prices. As long as there are buyers prices will rise. Sellers are not sellers without buyers...

    It's not well known but a secret society actually controls pinball prices.

    #45 7 years ago
    Quoted from jonnyo:

    It's not well known but a secret society actually controls pinball prices.

    BWHAAAA!

    Well like my dear old pappy always used to say if can't beat em, join em.

    #46 7 years ago
    Quoted from jonnyo:

    It's not well known but a secret society actually controls pinball prices.

    I know the organization, it's called the Stupid Sellers who Price Check on eBay.

    #47 7 years ago

    here is a bay area pinball grading expert! check out this ad you can see dents and missing paint from this far away pic
    sfbay.craigslist.org link
    this is why thev market will fall because people are going crazy with pricing

    #48 7 years ago

    ^^^^

    Love how the seller mentions that it was in Rocky II.

    #49 7 years ago

    There are a limited amount of games that are pulling those prices and that's it. All the other dreamer's games are collecting dust waiting for that one idiot with a ton of extra money. The market jumped recently on DMD games, but I'm seeing as many people quitting the hobby as there are getting into it. The best thing to do is let them sit, educate yourself in pinball values and make educated decisions when purchasing. If someone pays $5500 for a T2, that's their problem I see them in nice shape for around $1200-1500.

    #50 7 years ago

    The prices being asked for the "A" games seems to have really jumped a lot even in the last 1-2 years. Not sure if "B" and lower rated games prices have changed much or not?

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