(Topic ID: 98858)

Who else is in if Stern makes a LOTR VE?

By JosiahCox

9 years ago


Topic Heartbeat

Topic Stats

  • 157 posts
  • 83 Pinsiders participating
  • Latest reply 8 years ago by rai
  • Topic is favorited by 1 Pinsider

You

Linked Games

Topic poll

“Would you buy a NIB LOTR VE for $6K or less?”

  • Yes 149 votes
    71%
  • Maybe 62 votes
    29%

(211 votes by 0 Pinsiders)

Topic Gallery

View topic image gallery

The-Hobbit-TV-1977-DVD-Cover_(resized).jpg
10261107_ori_(resized).png
frodo_(resized).jpg
lotr_(resized).jpg
There are 157 posts in this topic. You are on page 3 of 4.
#101 9 years ago

I would order one if it was made...

#102 9 years ago

If it had LEDs and some other modern improvements and was at or near the 5k mark NIB shipped I'd be in. I would not be in at 6k.

I think they would sell out of 500 at 5k NIB . . . the pin market has grown. Some people only want NIB, especially some of the new people to the hobby.

#103 9 years ago

99 would buy votes as I type this and that's just pinsiders. Thanks everyone for your feedback.

Got to play this pin again this last weekend on vacation. (What? You don't go on vacation to play pinball?)
At about 20 minutes in I noticed that the attendant was standing at my 5 oclock watching me. Drained my last ball trying to hit the final destroy the ring shot. Got a high 5 and a nice game for my efforts.
I left even more convinced that I need to own this for my home use.

I guess all I can ask is please Stern, produce a VE LOTR and take my money.

#104 9 years ago

I'm in at $5,500! build it.

#105 9 years ago

Holding onto my funds till I find out the VE release.

#106 9 years ago
Quoted from Jimmyd044:

Holding onto my funds till I find out the VE release.

You'll never have a LOTR, then.

#107 9 years ago
Quoted from TigerLaw:

If it had LEDs and some other modern improvements and was at or near the 5k mark NIB shipped I'd be in. I would not be in at 6k.
I think they would sell out of 500 at 5k NIB . . . the pin market has grown. Some people only want NIB, especially some of the new people to the hobby.

LOTR is actually one of the games i would never convert to LED. The original light give it that "fantasy magic feeling" so i hope they never would put in LED. I only have LED in my TF LE and for games like that they are perfect. Not for fantasy themes etc.

#108 9 years ago

Holding off buying a LOTR, in the hope these get remade.

#109 9 years ago
Quoted from sparkup:

Holding off buying a LOTR, in the hope these get remade.

I hope they do, for those that want one, but honestly, you can find them in nice shape for under 5K,

Sure, you don't get the NIB experience, and maybe some upgrades if they remake them, but honestly, I think LOTR is better without LED's.

Chris

#110 9 years ago
Quoted from SilverUnicorn:

I hope they do, for those that want one, but honestly, you can find them in nice shape for under 5K,

Sure, you don't get the NIB experience, and maybe some upgrades if they remake them, but honestly, I think LOTR is better without LED's.

A lot of people won't touch the secondary market at all as they want game that is good to go out of the box and not in need of maintenance to work right (and a ten year old game will need maintenance, just the way it works). While there are some in reasonable condition available at or even a hair under 5k, those would sell to different people than those who would buy a NIB one in my opinion.

#111 9 years ago
Quoted from TigerLaw:

A lot of people won't touch the secondary market at all as they want game that is good to go out of the box and not in need of maintenance to work right (and a ten year old game will need maintenance, just the way it works). While there are some in reasonable condition available at or even a hair under 5k, those would sell to different people than those who would buy a NIB one in my opinion.

That makes sense. Although, NIB does not necessarily mean no issues, LOL.

Chris

#112 9 years ago

$6k, no. Under $5k, yes. So I voted maybe.

#113 9 years ago
Quoted from SilverUnicorn:

Although, NIB does not necessarily mean no issues

Totally agree. NIB always means "plan on some dialing in". However, to people new to the hobby looking to populate their game room with their first or second pin, something brand new instead of ten years old gives the appearance of less maintenance.

#114 9 years ago
Quoted from sparkup:

Holding off buying a LOTR, in the hope these get remade.


Enjoy not having a LOTR then, lol

Srsly guys, it's not going to happen. If it does - I'm gonna have a big face!

#115 9 years ago
Quoted from Rarehero:

Srsly guys, it's not going to happen. If it does - I'm gonna have a big face!

As I recall, you also said IM would never happen. Not picking on you, just saying.

The truth is, we really don't know what is going to get the VE treatment. The only games that would sell 300 machines (which is my guess for around what they would need to sell to make a re-run worthwhile, though I'm sure they would prefer 500) are:

Sure hits for sales numbers:

1) LOTR
2) SM
3) Tron

Those are the only three sure hits in my view.

4) possibly TSPP
5) possibly POTC
6) possibly another IM run.

Long strech, but maybe:

7) FGY/Shrek

#116 9 years ago
Quoted from TigerLaw:

As I recall, you also said IM would never happen. Not picking on you, just saying.
The truth is, we really don't know what is going to get the VE treatment.

I thought licensing might be an issue since the movie was Paramount and since then the Marvel rights went to Disney. Clearly they got that sorted out. Now that we know "VE" is a thing, IM makes sense. They didn't make many, prices on used ones were climbing, and its cheap to make.

LOTR doesn't make sense. They made a ton, including an "LE". Prices are reasonable. It's on Whitestar. It's got a higher BOM than current Pro games, including IM.

The only way they'd remake LOTR is if it was reprogrammed to be on SAM or the next system...if they did that, they'd have to also recompose/remix the sound.

IMO too much effort for not enough demand...and if it was significantly superior to the LE edition, that's a "piss off the base" move.

If you want a LOTR, just get one...I'm sticking to my guns - you won't see a VE of it.

#117 9 years ago
Quoted from Rarehero:

and if it was significantly superior to the LE edition, that's a "piss off the base" move

They don't care, in my opinion, about what upsets the base from four years ago. (I agree with you that isn't smart business, but they are more interested in cash in hand now vs. losing a potential LE customer they feel they will get anyway in a year).

#118 9 years ago
Quoted from TigerLaw:

They don't care, in my opinion, about what upsets the base from four years ago. (I agree with you that isn't smart business, but they are more interested in cash in hand now vs. losing a potential LE customer they feel they will get anyway in a year).

When it comes to LE, Stern does care. It's a fragile but lucrative market. If they didn't care, we would have seen Tron Premium.

#119 9 years ago

I'd be in for a complete plastics set

#120 9 years ago

Id want to see what The Hobbit looks like from JJP before pulling the trigger on this...

#121 9 years ago
Quoted from The_Dude_Abides:

I'd love it to happen just so I could pick up a used LOTR at a good price.

My thoughts

#122 9 years ago
Quoted from Rarehero:

If they didn't care, we would have seen Tron Premium.

We still might. Could be next, could be never. One thing we all agree on is Stern will have no trouble getting the rights to produce more Tron's from Disney.

An LED'd vault edition could easily come and with Eli's mod being so popular anyway why would Stern want to leave money on the table by having people buy the mod? I'm just speculating, I have no idea.

#123 9 years ago
Quoted from Rarehero:

When it comes to LE, Stern does care. It's a fragile but lucrative market. If they didn't care, we would have seen Tron Premium.

what was even on the LE for LOTR. the LE namesake was just kind of a throw in on that title more than any other LE they made. It had the backglass, did NOT have the figures and had the shaker (which is super easy to retrofit into the standards now. And what else, a mini-plaque?

Just upgrade LOTR to the SAM boardset, add LED's and the metal head/speaker grill (and no figures). If they add the metallic decals like the IMVE then it will probably look better than the LE. So leave those off and they are set.

I agree that they won't mess up what they have going on with the LE market.

#124 9 years ago
Quoted from kbliznick:

what was even on the LE for LOTR. the LE namesake was just kind of a throw in on that title more than any other LE they made. It had the backglass, did NOT have the figures and had the shaker (which is super easy to retrofit into the standards now. And what else, a mini-plaque?
Just upgrade LOTR to the SAM boardset, add LED's and the metal head/speaker grill (and no figures). If they add the metallic decals like the IMVE then it will probably look better than the LE. So leave those off and they are set.
I agree that they won't mess up what they have going on with the LE market.

Could not agree more. Much like Black Spider Man, the "LE model" of LOTRs was not a true LE by the standard of what we judge LE's to be today. It was just a model that was a good six years newer than the original run.

People who have an LE LOTRs may just be unhappy by more being made period, not unhappy about it having more features . . . at least not justifiably unhappy anyway.

#125 9 years ago
Quoted from Rarehero:

If you want a LOTR, just get one...I'm sticking to my guns - you won't see a VE of it.

But that's just the thing, I can't "just get one". I have been looking in the NW for over 6 months and have yet to see a nice condition one for under $5k. Your market may be different in LA be in Seattle and Portland, not only are people hanging onto their nice versions, when they let them go, you pay for it.

Again, I am sure other parts of the country this isn't such a hard game to track down at a good price but it seems to be around me. Honestly, I don't care that much about it being a NIB game. It would be rad but really, I just want to not have to drive 4 hours round trip to get my LOTR fix which is what I currently have to do.

#126 9 years ago
Quoted from JosiahCox:

Again, I am sure other parts of the country this isn't such a hard game to track down at a good price but it seems to be around me.

There is one example in reasonable driving range of me . . . it was routed, seller would not let it go for less than 4.5k and right now he isn't willing to let it go at all. I do not think 4.5k is a reasonable price for a routed version of a ten year old Stern on the old system.

#127 9 years ago
Quoted from kbliznick:

Just upgrade LOTR to the SAM boardset,

Not sure that this is as easy as it sounds.

Oh, well - we're all just speculating. Gentlemen's bet, I suppose. I say it won't happen. I think Stern made the "more VE's in the future" comment to cover their butts, so no one gets all crybaby about more Pro units being re-run down the road.

#128 9 years ago
Quoted from Rarehero:

Oh, well - we're all just speculating. Gentlemen's bet, I suppose.

This is totally right.

#129 9 years ago
Quoted from Rarehero:

Enjoy not having a LOTR then, lol
Srsly guys, it's not going to happen. If it does - I'm gonna have a big face!

I'll get one, just prefer a new one. The ones over here around the 5k mark are trashed.

#130 9 years ago
Quoted from mspaeth:

I'd be in for a complete plastics set

I got one from Game Exchange not long ago. Those are still out there, but they are LE sets, so the holes for the characters aren't pre drilled. Just a heads up

Chris

#131 9 years ago

5k, Im in...

#132 9 years ago
Quoted from JosiahCox:

But that's just the thing, I can't "just get one". I have been looking in the NW for over 6 months and have yet to see a nice condition one for under $5k. Your market may be different in LA be in Seattle and Portland, not only are people hanging onto their nice versions, when they let them go, you pay for it.
Again, I am sure other parts of the country this isn't such a hard game to track down at a good price but it seems to be around me. Honestly, I don't care that much about it being a NIB game. It would be rad but really, I just want to not have to drive 4 hours round trip to get my LOTR fix which is what I currently have to do.

The same deal for Australia and Europe (from what I hear). There are a number of hobbyists here that want a Lord of the Rings, but they don't pop up too often on the secondhand market. I think The Simpsons Pinball Party is another title that would do well if it was released as a Vault Edition. A lot of sited machines around the country, but good luck buying one in reasonable condition. These titles do seem like a long shot in Stern re-making them, but never say never.

As a side note, I had to travel 5 hours to play TSPP and I'd definitely pull the trigger on new in box when current ebay prices are crazy for these used Stern machines at the moment.

Cheers!
Adam.

#133 9 years ago

Pinball is an addictive hobby, there is no denying that. I do not have any insight or contacts on the inside, but I honesty could see Stern running a LOTR again.
I think with the delays of the smaller boutique pin makers and the impatience of some (myself included) in this hobby, Stern would have no trouble selling re-runs of their "hit" machines. I don't know if licensing becomes a factor, but I know of many people that would love a NIB LOTR if they could get their hands on one. Also, with the release of the third Hobbit movie, that might be a great time to put them out, just as interest is peaked in middle earth again. If Stern can reproduce for 5k NIB, that sure beats the 8K+ that JJP will command for their machine.

#134 9 years ago

LOTR would be a good seller at $5k, but if they jacked it to 5.5k they'd be met with a lot less interest. I know at 5k I'd probably be in. It basically can't be more expensive than what a HUO one costs today or it won't fly.

#135 9 years ago
Quoted from taylor34:

LOTR would be a good seller at $5k, but if they jacked it to 5.5k they'd be met with a lot less interest. I know at 5k I'd probably be in. It basically can't be more expensive than what a HUO one costs today or it won't fly.

Not necessarily true. Buyers for NIB games aren't always people who pay attention to the hobby side of things or used market. Apparently the demand for the new AC/DC Pros is huge...those buyers don't seem to care about used AC/DC PRo prices.

How much was LOTR LE when it came out? I think it was $5k or so. Used regular LOTRs were ~$3600 at the time. Aside from the bling, it was the same game. They still sold 500 of 'em. Enough people "just wanted a new one".

#136 9 years ago
Quoted from Rarehero:

How much was LOTR LE when it came out? I think it was $5k or so. Used regular LOTRs were ~$3600 at the time. Aside from the bling, it was the same game. They still sold 500 of 'em. Enough people "just wanted a new one".

Looks like LOTR LE was right around $5,000, so hopefully they could hit near that price point again.

Quoted from StevenP:

Surprised at the demand for LOTR now. The LE was released not that long ago, at a reasonable price. (Got mine for $5100 shipped.) We already knew it was a great game, so why weren't the NIB LEs grabbed up quickly, with all this demand?

#137 9 years ago
Quoted from Rarehero:

Not necessarily true. Buyers for NIB games aren't always people who pay attention to the hobby side of things or used market. Apparently the demand for the new AC/DC Pros is huge...those buyers don't seem to care about used AC/DC PRo prices.
How much was LOTR LE when it came out? I think it was $5k or so. Used regular LOTRs were ~$3600 at the time. Aside from the bling, it was the same game. They still sold 500 of 'em. Enough people "just wanted a new one".

I guess all I was saying is that if you wanted to sell a quick big run like IM, $5k will do it. If you want them to sit around for a quite a while, $5.5k will probably do it. Those LOTR LE's sat around forever (in fact I thought one person mentioned that they didn't even make the whole 500, just 250).

#138 9 years ago

It was supposed to be a run of 1,000 and they made 500 I believe.

#139 9 years ago

And they wouldn't sit sound forever now...they would fly if another 500 were made.

#140 9 years ago

I doubt seriously that Stern will use non-LEDs in any new manufactured games. LEDs are simply superior in almost every way and require less energy and less maintenance.

Its a bit harder to switch back and forth in production with different bulb types and LEDs required less expensive electronics and power supply in general.

#141 9 years ago

Agreed. Stern has said all games will have LEDs moving forward.

#142 9 years ago
Quoted from kbliznick:

what was even on the LE for LOTR. the LE namesake was just kind of a throw in on that title more than any other LE they made. It had the backglass, did NOT have the figures and had the shaker (which is super easy to retrofit into the standards now. And what else, a mini-plaque?

The biggest thing, extra cleared PF's - ever so important with well played sterns IMO.

I also agree that LOTR won't be remade, too many out there. Tron prem or VE with some small extras over even the LE, again IMO, is the most lucrative option for them right now.

#143 9 years ago
Quoted from taylor34:

LOTR would be a good seller at $5k, but if they jacked it to 5.5k they'd be met with a lot less interest. I know at 5k I'd probably be in. It basically can't be more expensive than what a HUO one costs today or it won't fly.

After MMR, I fear the days of sub-$5000 pins are gone. $5,000-$6000 will probably be the new norm.
Stern probably makes a new pin for about $2100, sells it to distributors for $4100 and distributor sells to you for $5499.

The remakes cost much less to produce with licensing taking a decent chunk. There is much less backend expenses, R&D, testing, etc so their cost of making the machine perhaps drops to $1700.

These numbers are just guesses, probably no one knows for sure. But LOTR VE makes sense because the cost of production is lower and it would be wildly popular.

5 months later
#144 9 years ago

Just wanted to bump this thread in case anyone hasn't voted.

I believe Stern does look at these polls, I am not sure if it's even possible since it's on the old system, I think people are more interested if it was on a SAM or Spike system needless to say.

I'd stress that it's price dependent, meaning it would have to be in the $5000 to $5800 price range for me.

#145 9 years ago

I think Stern missed the boat a bit on this one.

Queuing up a LOTR VE release when the latest Hobbit movie hit the theatres would have been some extra lift.

Especially with JJP failing to make their promise of "contractual oblingation for release coinciding with the movie"

Having said that, its still a GREAT Stern title and will probably still have plenty of demand into the future, just thought the new movie would increase its relevance.

#146 9 years ago
Quoted from Garbonzo:

Stern probably makes a new pin for about $2100, sells it to distributors for $4100 and distributor sells to you for $5499.
The remakes cost much less to produce with licensing taking a decent chunk. There is much less backend expenses, R&D, testing, etc so their cost of making the machine perhaps drops to $1700.
These numbers are just guesses, probably no one knows for sure. But LOTR VE makes sense because the cost of production is lower and it would be wildly popular.

Lets run the numbers on that...

Sale Price to Distributors = $4,100
Cost of Goods Sold (COGS) = $2,100
Gross Profit = $4,100 - $2,100 = $2,000
Gross Profit Margin = $2,000/$4,100 = 49%

I doubt that any manufacturer of pinball machines can achieve a 49% gross margin (including Stern, even with their relative economies of scale due to their large manufacturing plant, aka "The Beast").

Gross margins vary drastically from business to business and from industry to industry. Gross margins for the airline industry can be as low as 5%, and gross margins for the software industry can be as high as 90%. The average gross margin for manufacturing companies varies between 25% and 35%. However, items with more expensive price tags, such as motor homes, automobiles, and even houses, have margins of only 10% to 15%. Trying to increase gross margins with high dollar items can result in diminished sales, since the item has been priced beyond the buyer's comfort zone.

Based upon the above, I suspect that Stern's gross margin is no higher than 25%, and probably closer to 18% to 22%. The gross margins for Vault Editions is probably higher than that, but I still doubt it is anywhere close to 49%.

#147 9 years ago

Just a heads-up in case anyone hasn't realized it yet: there is NO WAY that a LOTR VE will come with a set of the original figurines. There's a reason why the LE didn't either--because those were off-the-shelf items that were part of the Armies of Middle Earth collection, and they had long been discontinued by the time the LE was released. They've been discontinued even longer now, of course.

#148 9 years ago

wondering, do they have to buy the licence again? i guess yes.
maybe too expensive to make a profit from only 200-300 VE version.

#149 9 years ago
Quoted from StevenP:

Just a heads-up in case anyone hasn't realized it yet: there is NO WAY that a LOTR VE will come with a set of the original figurines. There's a reason why the LE didn't either--because those were off-the-shelf items that were part of the Armies of Middle Earth collection, and they had long been discontinued by the time the LE was released. They've been discontinued even longer now, of course.

Didn't they have this same issue with Iron Man VE and solve it by recasting the toys (with some slight differences i.e. no joints)? The licensing issues are probably different depending on the toy manufacturer, but it seems at least possible that they'd be able to work it out.

And if not, F it, modders will have fun figuring out alternatives and I'd trade better sounds and playfield print quality for figurines any day!

#150 9 years ago

In like Flynn!

Promoted items from Pinside Marketplace and Pinside Shops!
From: $ 99.00
Playfield - Toys/Add-ons
RGP Models
 
$ 130.00
Gameroom - Decorations
Dijohn
 
$ 99.99
Lighting - Other
Lighted Pinball Mods
 
From: $ 182.00
Playfield - Toys/Add-ons
PinWorlds
 
$ 45.95
Eproms
Pinballrom
 
From: $ 93.00
Playfield - Toys/Add-ons
PinWorlds
 
$ 50.00
Playfield - Protection
Duke Pinball
 
10,500 (Firm)
Machine - For Sale
Juneau, WI
$ 1.00
Pinball Machine
Pinball Alley
 
$ 120.00
Cabinet - Shooter Rods
Super Skill Shot Shop
 
€ 7.50
From: $ 40.00
Playfield - Toys/Add-ons
RamMods
 
$ 19.95
Lighting - Led
Mitchell Lighting
 
From: $ 30.00
Playfield - Toys/Add-ons
RamMods
 
From: $ 10.00
Playfield - Protection
UpKick Pinball
 
$ 8.99
Lighting - Led
Mitchell Lighting
 
$ 41.00
Playfield - Toys/Add-ons
Lermods
 
$ 18.95
10,000 (OBO)
Machine - For Sale
Deer Park, NY
$ 25.00
Wanted
Machine - Wanted
Denver, CO
$ 12.95
$ 79.99
Cabinet - Armor And Blades
PinGraffix Pinside Shop
 
From: $ 185.00
Playfield - Toys/Add-ons
WilliPinball Mods
 
9,500
Machine - For Sale
Anderson, SC
$ 12.00
Cabinet - Decals
Pinball Haus
 
From: $ 33.00
Gameroom - Decorations
Rocket City Pinball
 
$ 30.00
Cabinet - Other
Rocket City Pinball
 
$ 130.00
Gameroom - Decorations
Dijohn
 
Hey modders!
Your shop name here
There are 157 posts in this topic. You are on page 3 of 4.

Reply

Wanna join the discussion? Please sign in to reply to this topic.

Hey there! Welcome to Pinside!

Donate to Pinside

Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!


This page was printed from https://pinside.com/pinball/forum/topic/who-else-is-in-if-stern-makes-a-lotr-ve/page/3 and we tried optimising it for printing. Some page elements may have been deliberately hidden.

Scan the QR code on the left to jump to the URL this document was printed from.