Author Topic: TAZpinball: Episode 4: Used Pinball Prices are TANKING!! I brought the receipts  (Read 1272 times)

Offline TAZpinball

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TAZpinball breaks it down as to why used pinball prices are tanking.  Do NOT pay top dollars for used pinball machines.  Don't do it!!
Remember to leave your comments and always have fun.


Mr. TAZ // @TAZpinball on YouTube

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Offline NaplesPinball

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What’s a working Williams Flash worth in this hellscape of a tanked market???
This question is for the all-knowing TAZpinball!

Offline k7

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ok, usually things don't bother me. but i define "tanking" way different from how you phrase it.

and i'm the first to say, that pinball prices will get, a "correction", overall...but i guarantee, nothing is "tanking". :)

if pinball tanks, i'm getting a storage container today. the first 1/2 of 2023 is going to be entertaining for all luxury commodities.

i know i'm waiting on my used car purchase.

using pinside as a source...well...lol. no.

a deadpool came on the market at $5900 new in box. show me any at that price. please. :) 1 example. just one.

actually, just point me to one ad for ANY solid state/dmd/lcd machine at pre-covid price.

one of the few games that has truly "tanked", is halloween/ultraman. that's basically it.

and i said; "Munsters will be a $10000 game". and holy crap...it is. :P

you mention the used car market. now that, is unbelievable.
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Offline k7

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actually, my bad. pinball IS tanking. badly!

so i will pay you the new in box price for your
bally / williams if you bring your now used (blech) )machine
to jupiter (no Flashes, we have 4 of them):

titles:
   cirqus voltaire - $1800 (closeout)
   twilight zone - $3195
   tales/arabian nights - $2500
   no good gophers - $1900 (closeout)
   medusa - $1900.
   8 ball deluxe - $1900

the above are all verified new in box prices. bring your used game in, and i'll match that this week only. before the bottom drops out. ;D
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Offline doghouse

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Using random Pinside prices on three random machines isn't evidence that prices are "tanking."  And I'd hardly call those "receipts," as that would mean written proof which I do not see here.

Even if the price declines shown on your chart are wholly accurate and represent a general trend, which they do not in my opinion, the word "tanking" wouldn't be an accurate description. Tanking means to suffer a sudden decline or failure. The anecdotal decline you describe isn't sudden, nor does it represent a failure. 

In your example of Deadpool Premium, you show an 18% loss in the price listed from Q1 to Q4. That's very far from tanking, and again based on what Pinside prices? Asking prices or sold prices?

In your example of AIQ the "loss" is about 5.9% and the WCS "loss" is 14.8%. Again these are not real losses, but regardless, the percentage difference over one year wouldn't be anyone's definition of tanking taken as individual random sales.

Also, casually looking up World Cup Soccer sales on Pinside just now I don't see what prices you are using. I see a WCS powder-coated with new PF that sold for $11,000 in March 2022, a really nice one that sold for $6300 in April, and one that sold less than a month ago for $4150. How are these numbers represented in your charts?

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Offline Rich Jax

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Are you going to respond to your feedback Tazzy?

Offline k7

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well, i made a mistake. this pinball IS tanking :P

https://www.samsclub.com/s/pinball



youtube has the comments. all 6 of them...from someone who drinks WAY too often:

@WideWorldofHobbies
19 hours ago
That’s right I don’t care what it costs!! Gobs of money 💴

Reply

@WideWorldofHobbies
19 hours ago
I like to buy when prices are high
D-Lady likes to be beboppin and slopping

Reply

@WideWorldofHobbies
19 hours ago
I have a major position on dead pool
I stand to make a fortune

Reply

@WideWorldofHobbies
19 hours ago
Super star and Astroflight are the best

Reply

@WideWorldofHobbies
19 hours ago
I just came back from world cup

Reply

@WideWorldofHobbies
19 hours ago
I’m from France 🇫🇷
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Offline BigMatt

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Let's cut this guy some slack eh? The videos and kadence in them are good even though they a very presumptuous, used prices are going down- fact. Are they tanking? Nah but I think you can use that word soon for pinballs after everyone's insurance skyrockets. Gonna get bad folks. The struggle is real!
Golden screwdriver recipient.

Offline RussG

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Let's cut this guy some slack eh? The videos and kadence in them are good even though they a very presumptuous, used prices are going down- fact. Are they tanking? Nah but I think you can use that word soon for pinballs after everyone's insurance skyrockets. Gonna get bad folks. The struggle is real!

Matt I agree.  It's bad now but going to get really bad for those with lack of resources for sure. 
It's sad because it doesn't have to be this way.  The greed is off the charts.

Offline k7

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the greed is going to get me a z06 corvette, once someone needs to make rent. ;D

don't hate the player. hate that credit card debt :)

as to the youtube claims, it's entertaining. it just is not happening.

anyone can pluck examples to show a concept. and i can show the concept that proves the claims as wrong. :)

there is a correction coming, 100%. but until i see a $3000 deadpool pro, nothing is tanking.
« Last Edit: December 22, 2022, 11:09:37 AM by k7 »
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Offline Rich Jax

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We’re not trying to bust Tazzy’s balls, but if you’re going to present information as an “expert”, you had better have done extensive research and be prepared to defend your stance.  He has done neither.

Tazzy will better off sharing snippets of pinball news, trivia and tips.
The repeated epileptic jump cuts need to be toned down IMHO.

Offline bjones

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I see this type of youtube video as just the standard issue clickbait.  take your pick what hobby or enthusiast group, all you have to do is hit on the negatives or sky is falling topic and you get clicks I guess. 

Offline k7

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...and i'm the first to say, that pinball prices will get, a "correction", overall...but i guarantee, nothing is "tanking". :)

the first 1/2 of 2023 is going to be entertaining for all luxury commodities.

the greed is going to get me a z06 corvette, once someone needs to make rent. ;D

where has Taz been? we're actually going thru the correction right now.  :)

it's a weird flip...too much product, not enough money to go around. hence the stagnant sales.

come to me, my cheap ass Z06. i'm waiting for you... ;D
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Offline PinballKraken

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Prices aren't tanking, they simply are stabilizing if anything.

Pinside statistics are all kinds of wrong cause it only represents a tiny percentage of machine sales, majority of sales on pinside are not concluded through the pinside system so even if you contact someone to buy, it's usually done off site and no info is updated such as final prices, what was offered, and so on.  Items with high prices that don't sell and sit there also skew info.  Price data also doesn't consider condition of the pin, reasons, and stuff like routing.  Yea I've seen some crazy prices on routed Aliens for example, that info is going to skew the data, but it's also a worn and routed machine so it's typically sold for less and priced to move.  Batman 66 sells for a high asking still, but have seen "need to move it fast" sales for thousands less than normal asking.  Again, such info skews overall statistics.

Well I saw this pin for sale for 3k less than retail original price!  Ok... well that's just one case, ignores all the games sold elsewhere for a higher price that aren't recorded on pinside.

I think folks are seeing the prices cooling in general, having to reduce some prices to be competitive if anything, but tanking, nah if prices were tanking I would be buying a lot more pins.  We got more pins than ever coming out, lot of folks buy new play for a bit and quickly flip for what new hotness is coming in.  The manufacturers are back on the ball and producing more than ever, more companies making pins, more inventory, this is just price corrections after the couple years of pinflation. 
« Last Edit: June 17, 2023, 01:52:33 PM by PinballKraken »

Offline Miracleman

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I see this type of youtube video as just the standard issue clickbait.

This X 1000