Quoted from g0nz0:But this hobby is the only one that I have ever seen explode like this.
For example I buy, restore and sell retro consoles. (Nes, snes etc). The price on these dropped very low at one point. Now a lot of 40 years olds wanna re live their childhood and prices went up. On eBay prices are like $150 for a NES. Sure, I still find them for 20 here and there but ththe market value like $100 on average (which is still lower than retail back when they came out).
But with pins the prices skyrocketed. It would be like if a NES was selling for 3k in comparison. That is why I feel like it has to fall. Too much too soon. I mean even with cars you can still buy a nice 72 Chevelle cheaper than a Monster Bash lol
I've never seen a hobby go up so fast in price. But I could be wrong and missed some.
I've been collecting console stuff as well for many years. Pin prices "jumped" in the last 10 years but Addams was still $2500, Theatre was $2500, Twilight was $2500, etc around those times. I am not talking "buy from your operator" pricing. True eBay sold listings at running auctions in the last 9-10 years.
Pin pricing has stabilized on the higher end ones (and dropped) on a few, then some when right back up again. In perspective Nintendo stuff is through the roof. Game wise. All of the boxed items for the retro systems from 10+ years ago has went up 8x-10x. I sold a complete in box Nintendo game (not console) for $50,000. I sold a few others in the five figure range as well (they were sealed) and there is absolutely no way that stuff was even remotely like that 10 years ago.
People talking about "bubbles bursting", there will always be classic car collecting, just like there will always be pinball collecting. The only market I see a bubble bursting would be the arcade market. That went up like crazy because of barcades opening in the past few years increasing demand with other arcades and some of the documentaries put out increasing interest in the majority of classics.
Also, EMs were "never in demand" at any type pricing like this except maybe certain ones and Gottliebs...I've been buying/selling/collecting a very long time and I am very good at picking the under the radar stuff that no one talks about.....