Sanity Returns???????

[Guest]

Archived from groups: rec.games.pinball (More info?)

After watching Treasure Cove's AFM get a crazed sales price of $7,600.
a few days back I was interested in what their follow-up, CV, would
fetch. Happy to report that the high bid was "ONLY" $5,195. for the
little beauty, which of course must have been insulting to TC as it was
under the reserve price and so did not sell.

This is not to comment on the quality of the pin as TC certainly has a
great reputation and the machine appeared to be in fine shape from the
pictures. However it doesn't excuse in my mind the concerted and
systematic attempts to continue to drive the prices of pins to levels
beyond reasonable valuations. Talk about housing bubbles, pins are
playing out their own.

Maybe tonight's ebay auction will start to be a small first step in the
right direction.

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

> pictures. However it doesn't excuse in my mind the concerted and
> systematic attempts to continue to drive the prices of pins to levels
> beyond reasonable valuations. Talk about housing bubbles, pins are

How is putting a pin up for auction a 'concerted and systematic
attempt' to inflate prices? TC doesn't set the price, the bidders do.
There is no evil conspiracy, it is simple supply and demand.

> Maybe tonight's ebay auction will start to be a small first step in the
> right direction.

What is the 'right direction'? What is your ideal price, and how can
you justify that price when the market decides otherwise?

You can only fault the seller if they misrepresent the condition of
their game. Otherwise, the only people to blame are the BUYERS who are
happily (and VOLUNTARILY) paying these prices.

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

im sure it will either be sold privately or relisted and sold at or
above the price they were looking for.

hey even shaq didnt get his price with the lakers. so his agent found a
taker in miami.

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

not with the holidays approaching ;-)

Pinlicious ( ...there is no spoon.)

 

[jdix]

Archived from groups: rec.games.pinball (More info?)

Although I hope you are right, . . I doubt it. Maybe next year when
the economy takes a fat dump people will cut back on frivolous luxury
spending and some of those who have pins will be forced to sell to
garner extra dough. This might shift supply over demand and cause the
prices drop. It is a shame though about pin prices rising and rising.
The only people who benefit are flippers. (and not the ones on your
games)


Koz Pinlicious wrote:
> not with the holidays approaching ;-)
>
> Pinlicious ( ...there is no spoon.)

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

I think you are being a bit premature on this topic.
Expect to see the insanity continue until someone is able to provide the
same quality of pinball entertainment that BLY/WMS provided in their heyday.
It may never happen, and pinball will continue to retain its title as a
prized collectible of the coin operated era of a history.

I have not seen it yet, in the past 6 years with Stern, although they keep
trying.

--
"The_Black_Knight"

The Washington State Pinball Stronghold
"A Fortress Protecting the Silver Ball"

www.geocities.com/pinball_jack


"pinballmick" <michaelpug@comcast.net> wrote in message
news:1126152771.935864.282480@g47g2000cwa.googlegroups.com...
> After watching Treasure Cove's AFM get a crazed sales price of $7,600.
> a few days back I was interested in what their follow-up, CV, would
> fetch. Happy to report that the high bid was "ONLY" $5,195. for the
> little beauty, which of course must have been insulting to TC as it was
> under the reserve price and so did not sell.
>
> This is not to comment on the quality of the pin as TC certainly has a
> great reputation and the machine appeared to be in fine shape from the
> pictures. However it doesn't excuse in my mind the concerted and
> systematic attempts to continue to drive the prices of pins to levels
> beyond reasonable valuations. Talk about housing bubbles, pins are
> playing out their own.
>
> Maybe tonight's ebay auction will start to be a small first step in the
> right direction.
>

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

> prices drop. It is a shame though about pin prices rising and rising.
> The only people who benefit are flippers. (and not the ones on your
> games)

Um, no? Manufacturers also benefit from high prices. Ops are more
likely to buy a new Stern than an overpriced used game. Also, high
prices mean higher resale, meaning higher overall ROI, which encourages
buying. Stern just needs to put out more quality games like LOTR and
TSPP.

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

agreed. well said.

"metallik" <lscott@dlptech.com> wrote in message
news:1126153826.060065.131450@z14g2000cwz.googlegroups.com...
> > pictures. However it doesn't excuse in my mind the concerted and
> > systematic attempts to continue to drive the prices of pins to levels
> > beyond reasonable valuations. Talk about housing bubbles, pins are
>
> How is putting a pin up for auction a 'concerted and systematic
> attempt' to inflate prices? TC doesn't set the price, the bidders do.
> There is no evil conspiracy, it is simple supply and demand.
>
> > Maybe tonight's ebay auction will start to be a small first step in the
> > right direction.
>
> What is the 'right direction'? What is your ideal price, and how can
> you justify that price when the market decides otherwise?
>
> You can only fault the seller if they misrepresent the condition of
> their game. Otherwise, the only people to blame are the BUYERS who are
> happily (and VOLUNTARILY) paying these prices.
>

 

[Guest]

Archived from groups: rec.games.pinball (More info?)

you 'win some', . then 'lose some' on eBay. The AFM went for more than I
thought, ... as it turned out exceptionally nice. Yet, even though I thought
the CV to be nicer than normal (playfield nice and clean around the
volts/boom/inserts), .. it didn't reach the slightly higher reserve that I
had set.

Prices are rising on all fronts. I used to be able to buy a nice CV for
$1800 - $2200, restore it , then sell for $3395 - $3995. Now, I'm lucky if I
can find one for $3200 - $3500 in unrestored condition. Spend 2 weeks and
almost $500 in parts on the game, ... then no choice but to have a reserve
of over 5K. Nice pins are scarce these days. See if you can find a CV for
sale, ... with no playfield volts/boom/ringmaster/insert chips ... at any
price let alone a low one. It will be hard to find.

Another factor is that of all the pins out there for sale, ... a CV and an
AFM are, without a doubt - must have pins.

peace
Allen



"pinballmick" <michaelpug@comcast.net> wrote in message
news:1126152771.935864.282480@g47g2000cwa.googlegroups.com...
> After watching Treasure Cove's AFM get a crazed sales price of $7,600.
> a few days back I was interested in what their follow-up, CV, would
> fetch. Happy to report that the high bid was "ONLY" $5,195. for the
> little beauty, which of course must have been insulting to TC as it was
> under the reserve price and so did not sell.
>
> This is not to comment on the quality of the pin as TC certainly has a
> great reputation and the machine appeared to be in fine shape from the
> pictures. However it doesn't excuse in my mind the concerted and
> systematic attempts to continue to drive the prices of pins to levels
> beyond reasonable valuations. Talk about housing bubbles, pins are
> playing out their own.
>
> Maybe tonight's ebay auction will start to be a small first step in the
> right direction.
>