(Topic ID: 300406)

We have jumped the shark!

By glasairpilot

12 days ago


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  • 25 posts
  • 17 Pinsiders participating
  • Latest reply 12 days ago by Lhyrgoif
  • Topic is favorited by 1 Pinsider

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    #1 12 days ago

    Absolutely amazing. Sold all my collection over the last 18 months. Got more money than I ever thought possible. Seeing pins listed for $15k that were $7k 3 years ago. Like Fonzie jumping the shark so goes our craze to buy stuff. Free money everywhere driving prices up on pinballs, cars, airplanes, boats, etc. When the crash comes it will make 2008 look like a small correction. Insanity.

    #2 12 days ago

    I thought this was a JAWS hype thread.

    12
    #3 12 days ago

    Then the government will "stimulate" the economy again, starting the cycle over. Just look at the $3.5 trillion pos they are working on now.

    #4 12 days ago
    Quoted from PokerJake:

    Then the government will "stimulate" the economy again, starting the cycle over. Just look at the $3.5 trillion pos they are working on now.

    This is needed.
    For…Infrastructure.
    Yea, that’s it…infrastructure!

    20
    #5 12 days ago
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    #6 12 days ago

    Hahahaha that’s fantastic.
    Poor Sega.
    (?)

    #7 12 days ago
    Quoted from glasairpilot:

    When the crash comes it will make 2008 look like a small correction. Insanity.

    The last crash had zero impact on pinball pricing and people where actually hanging onto them instead of dumping them. I remember thinking I would be able to score some good deals but it never happened. As long as supply remains well below the demand prices are not coming down anytime soon. I just seen someone today on Youtube who said they never purchased a NIB machine but were going in on Godzilla. For every person that says they are done with this hobby there are 5 newbies joining who have no idea what machines cost 5-10 years ago and just think this new pricing is the norm. It's crazy how many collections I see that are just all the recent Stern's, JJP, and CGC titles since they just want to buy NIB.

    #8 12 days ago

    I was thinking there would be a big dump of games during the beginning of the pandemic when there was a lot more economic uncertainty, but it didn't really happen. Hoping there's a crash/mass sell-off one day that will dramatically lower prices but doesn't seem like it's happening in the foreseeable future

    #9 12 days ago
    Quoted from Knxwledge:

    I was thinking there would be a big dump of games during the beginning of the pandemic when there was a lot more economic uncertainty, but it didn't really happen. Hoping there's a crash/mass sell-off one day that will dramatically lower prices but doesn't seem like it's happening in the foreseeable future

    Considering the prices paid at the banning auction, where a bunch of machines WERE dumped at once... Yeah, I don't think that's happening anytime soon either.

    #10 12 days ago

    Free money everywhere? (Where so I can grab some?) Rising pinball prices = general economy collapse?

    #11 12 days ago
    Quoted from Fezmid:

    Considering the prices paid at the banning auction, where a bunch of machines WERE dumped at once... Yeah, I don't think that's happening anytime soon either.

    But only one or two copies of each game were sold, that's not really going to affect supply, and it's definitely not going to outpace the increased demand from a bunch of normies reading NYT thinking it would be cool to own a pinball machine they know nothing about.

    #12 12 days ago
    Quoted from glasairpilot:

    Absolutely amazing. Sold all my collection over the last 18 months. Got more money than I ever thought possible. Seeing pins listed for $15k that were $7k 3 years ago. Like Fonzie jumping the shark so goes our craze to buy stuff. Free money everywhere driving prices up on pinballs, cars, airplanes, boats, etc. When the crash comes it will make 2008 look like a small correction. Insanity.

    The part that really gets my goat is the titles that were made in the tens of thousands that are bringing huge money over market value. TAF for example, it’s an amazing game and all…but they made twenty thousand of the GD things! TWENTY THOUSAND. Maybe it’s the 5-liter fox-body Mustang of the pinball world…they made a gazillion of them and now there isn’t a decent example to be had at a decent price anywhere. I’m even seeing Gorgars being posted for 3-4K now…wtf?? Don’t get me wrong I love me some Gorgar but we’re talking about a relatively basic game produced in large numbers by today’s standards. Even if only a fourth of them are still kicking today, that’s a fairly large supply of Gorgars.

    #13 12 days ago

    Economists have long said "as goes the pinball market, so goes the world economy."

    Quoted from jackd104:

    Free money everywhere? (Where so I can grab some?) Rising pinball prices = general economy collapse?

    #14 12 days ago
    Quoted from MasterBlaster:

    The part that really gets my goat is the titles that were made in the tens of thousands that are bringing huge money over market value. TAF for example, it’s an amazing game and all…but they made twenty thousand of the GD things! TWENTY THOUSAND. Maybe it’s the 5-liter fox-body Mustang of the pinball world…they made a gazillion of them and now there isn’t a decent example to be had at a decent price anywhere. I’m even seeing Gorgars being posted for 3-4K now…wtf?? Don’t get me wrong I love me some Gorgar but we’re talking about a relatively basic game produced in large numbers by today’s standards. Even if only a fourth of them are still kicking today, that’s a fairly large supply of Gorgars.

    Doesnt matter how many were made, what matters is the demand relative to the amount in circulation

    #15 12 days ago

    My collection is down from 44 to 9 and still selling. Time to hit the barcades

    #16 12 days ago
    Quoted from Knxwledge:

    Doesnt matter how many were made, what matters is the demand relative to the amount in circulation

    True, but I can’t get my head wrapped around the thought that Gorgar is in demand LOL! I was about to say “at 3-4K there are lots of other titles that could be had” but then again, those “other titles” have probably also moved up the scale.

    #17 12 days ago

    Why is everybody freaking out all of a sudden?!

    Deep breaths people.

    #18 12 days ago

    I feel like I have seen it all now. Like a lot of you old school collectors, I think the pinball biz is out of control. The mention of new collectors that have all new machines (Stern, JJP, etc) is interesting. They probably have no idea how to maintain them and are scared to death to pull the glass off and do any wrenching. It is something to ponder - the money that they can spend right now. I didn't suddenly enter into a massive amount of expendable income. And others probably haven't either. Perhaps they are just shifting money from one luxury item to another. Instead of a Porsche, its a Vette and 2 pinball machines. Instead of an inground pool, it's 2 JJP's, a new Stern, and an above ground pool. Regardless, I'm glad to still have over 40 machines and the selling prices have me ready to thin the herd and buy a couple of new games. I am glad more people are into the game these days. But the supply / demand issues and profiteering sucks for us that have been used to already high prices.

    Side note - While writing for GameRoom Magazine and running my podcast The Silverball, I seen Gary Stern at Expo 2002 and had a quick interview - asking him if the home buyer was ever in his mind as a customer for his product. He laughed at me and told me there was no way the home market could ever mean anything. And therefore would never influence the direction of his company. You can hear more if you go back in the Expo archives on YouTube and listen to him demean home buyers as not important. It took a very long time for him to come around. It took JJP and the boutique pinball companies to get his attention IMO. From the titles that have been coming out over the last few years and the quality of the product, it appears he has really changed direction. Still, I struggle with the price tags. I haven't seen an increase in my salary to match the increases in pinball. Have you?

    #19 12 days ago

    Oh. No. The. Crash.

    Paging Dr. Levi, Dr. Levi! You’re wanted in a bubble/crash thread!

    #20 12 days ago

    It’s not just pinball. Sold a boat I owned for 2 years for 20 percent more than I paid for it. Stock market has insane values, used cars are 30 percent higher than 18 months ago, used airplanes are 10 to 40 percent higher as well. Look at housing also. Lots of PPP money has entered markets and it is not staying in the bank, so people are buying assets.

    What is being ignored is the debt that has been going up by the trillions and the workforce is declining. Social security will default within 10 years leaving the middle class in poverty.

    There is a day coming soon when a lot of toys will be cheap. For now I’m just enjoying the show.

    #21 12 days ago

    That jump came up short...

    5dd06b68ec545a41fb8b25f24ad94e64 (resized).jpeg
    #22 12 days ago

    Increased Demand. Stern cant keep up, so a shortage occurs.

    Increased Cost of Goods, and Labor.

    My son is waiting tables earning $40-$50 an hour.
    One months work for a NIB Pin, is still the same to him.
    His wages went up 30%.

    #23 12 days ago
    Quoted from Rarehero:

    Oh. No. The. Crash.
    Paging Dr. Levi, Dr. Levi! You’re wanted in a bubble/crash thread!

    It’s yogi Berra time:

    “Nobody likes pinball anymore, it’s too popular!”

    #24 12 days ago

    2000:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/gzU8ZAOxvUE/qII_fx4klQ0J

    2001:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/3XZf_itbXjY/QI04T4Qr9UkJ

    2002:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/8CDhldb5kyw/JxQRQPIGmQwJ

    2003:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20market$20price$20fall%7Csort:date/rec.games.pinball/clAO0zIHHfQ/CbExiOZrldIJ

    2004:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/pXZDb-2V6Yk/GSPWq06-nWsJ

    2005:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20bubble%7Csort:date/rec.games.pinball/ACTs0HpQktA/x-C5LZAF180J

    2006:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/dBrqPnk7mkk/nQYyh65_fewJ

    2007:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20prices$20fall%7Csort:date/rec.games.pinball/femnxuH8a1k/oeXzsItDbOQJ

    2008:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/44iMVjwb68o/wXb8-3F9vOIJ

    2009:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/JsgTrS05pCc/8pB5t9oUqTAJ

    2010:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/hNRZGnOAZ-Y/bs8Js1M7sUAJ

    2011:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/DlcZoruS0Bo/VO_cueyPCEQJ

    2012:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-think-it-cant-happen-think-again

    2013:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-will-pop

    2014:
    https://pinside.com/pinball/forum/topic/this-is-not-a-rebirth-of-pinball-its-a-bubble

    2015:
    https://pinside.com/pinball/forum/topic/we-all-want-the-ass-to-drop-out-of-pinball

    2016:
    https://pinside.com/pinball/forum/topic/when-will-the-stern-bubble-burst

    2017:
    https://pinside.com/pinball/forum/topic/are-we-in-a-pinball-bubble

    2018:
    https://pinside.com/pinball/forum/topic/why-i-feel-pinball-prices-are-going-to-plummet

    2019:
    https://pinside.com/pinball/forum/topic/will-pinball-prices-come-down-

    2020:
    https://pinside.com/pinball/forum/topic/prices-dropping-

    2021 (this year has been a fuggin BANNER YEAR for price bubble threads...maybe it's something in the vaccines):
    https://pinside.com/pinball/forum/topic/pinball-pricing-bubble-due-to-covid-one-nine

    https://pinside.com/pinball/forum/topic/similarities-with-pinball-market-amp-the-2008-housing-crash

    https://pinside.com/pinball/forum/topic/next-pinball-depression-

    https://pinside.com/pinball/forum/topic/how-to-feel-about-these-exorbitant-pinball-prices/page/2#post-6254131

    https://pinside.com/pinball/forum/topic/pingreed-is-a-cancer-is-there-a-cure

    https://pinside.com/pinball/forum/topic/prices-of-pinball-machines-today#post-6229413

    https://pinside.com/pinball/forum/topic/pinflation-or-inflation

    https://pinside.com/pinball/forum/topic/price-gouging

    https://pinside.com/pinball/forum/topic/f-you-stern-and-your-price-increases

    https://pinside.com/pinball/forum/topic/are-pinballs-the-beanie-baby-craze-of-the-2020s

    https://pinside.com/pinball/forum/topic/we-have-jumped-the-shark

    #25 12 days ago
    Quoted from CrazyLevi:

    2000:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/gzU8ZAOxvUE/qII_fx4klQ0J
    2001:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/3XZf_itbXjY/QI04T4Qr9UkJ
    2002:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/8CDhldb5kyw/JxQRQPIGmQwJ
    2003:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20market$20price$20fall%7Csort:date/rec.games.pinball/clAO0zIHHfQ/CbExiOZrldIJ
    2004:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20decrease%7Csort:date/rec.games.pinball/pXZDb-2V6Yk/GSPWq06-nWsJ
    2005:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20bubble%7Csort:date/rec.games.pinball/ACTs0HpQktA/x-C5LZAF180J
    2006:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20price$20bubble%7Csort:date/rec.games.pinball/dBrqPnk7mkk/nQYyh65_fewJ
    2007:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pinball$20prices$20fall%7Csort:date/rec.games.pinball/femnxuH8a1k/oeXzsItDbOQJ
    2008:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/44iMVjwb68o/wXb8-3F9vOIJ
    2009:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/JsgTrS05pCc/8pB5t9oUqTAJ
    2010:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/pricing$20market%7Csort:date/rec.games.pinball/hNRZGnOAZ-Y/bs8Js1M7sUAJ
    2011:
    https://groups.google.com/forum/#!searchin/rec.games.pinball/high$20prices$20market$20collapse%7Csort:date/rec.games.pinball/DlcZoruS0Bo/VO_cueyPCEQJ
    2012:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-think-it-cant-happen-think-again
    2013:
    https://pinside.com/pinball/forum/topic/pinball-price-bubble-will-pop
    2014:
    https://pinside.com/pinball/forum/topic/this-is-not-a-rebirth-of-pinball-its-a-bubble
    2015:
    https://pinside.com/pinball/forum/topic/we-all-want-the-ass-to-drop-out-of-pinball
    2016:
    https://pinside.com/pinball/forum/topic/when-will-the-stern-bubble-burst
    2017:
    https://pinside.com/pinball/forum/topic/are-we-in-a-pinball-bubble
    2018:
    https://pinside.com/pinball/forum/topic/why-i-feel-pinball-prices-are-going-to-plummet
    2019:
    https://pinside.com/pinball/forum/topic/will-pinball-prices-come-down-
    2020:
    https://pinside.com/pinball/forum/topic/prices-dropping-
    2021 (this year has been a fuggin BANNER YEAR for price bubble threads...maybe it's something in the vaccines):
    https://pinside.com/pinball/forum/topic/pinball-pricing-bubble-due-to-covid-one-nine
    https://pinside.com/pinball/forum/topic/similarities-with-pinball-market-amp-the-2008-housing-crash
    https://pinside.com/pinball/forum/topic/next-pinball-depression-
    https://pinside.com/pinball/forum/topic/how-to-feel-about-these-exorbitant-pinball-prices/page/2#post-6254131
    https://pinside.com/pinball/forum/topic/pingreed-is-a-cancer-is-there-a-cure
    https://pinside.com/pinball/forum/topic/prices-of-pinball-machines-today#post-6229413
    https://pinside.com/pinball/forum/topic/pinflation-or-inflation
    https://pinside.com/pinball/forum/topic/price-gouging
    https://pinside.com/pinball/forum/topic/f-you-stern-and-your-price-increases
    https://pinside.com/pinball/forum/topic/are-pinballs-the-beanie-baby-craze-of-the-2020s
    https://pinside.com/pinball/forum/topic/we-have-jumped-the-shark

    There we go, order restored

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