The Aussie Pinball Arcade
Aussie Pinball Forums => General Discussion => Non-pinball (other coin opp) => Topic started by: ktm450 on September 17, 2014, 10:22:22 PM
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A great warehouse raid article by Preston from Gameroom Junkies podcast
http://www.pastemagazine.com/articles/2014/09/arcade-archaeology-saving-gamings-relics.html (http://www.pastemagazine.com/articles/2014/09/arcade-archaeology-saving-gamings-relics.html)
We need some of these in Australia
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I did have one of these back before AP I only wanted 3 certain games but had to buy the whole warehouse because the games I wanted were what was going to sell the rest of the rubbish (his words) so I did.
There was me in my 1 toner with a tandem trailer and two mates with one toners and tandems and I had to make a second trip. No digital camera back then but I think I have some old paper photos of my shed jam packed with stuff I also jam packed my mums shed but didn't have a photo of that.
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Sounds like fun!
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There are a couple in Australia that I know of, but the owner of one is deceased and his estate just sits on them and the other simply won't sell them.
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There are a couple in Australia that I know of, but the owner of one is deceased and his estate just sits on them and the other simply won't sell them.
I know of a stash in Adelaide, with good titles sitting under a verandah for the last 10 years, but the owner (a former operator) is cooked and wants better than market values for non working trashed machines.
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I think we are at the peek of the market for retro arcade and pinball. Once the 40 odd year olds are 50 and 60 odd . The interest will die off pretty quickly. In 20 years these games will be worth a small fraction of asking prices now. Just my prediction.
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I think we are at the peek of the market for retro arcade and pinball. Once the 40 odd year olds are 50 and 60 odd . The interest will die off pretty quickly. In 20 years these games will be worth a small fraction of asking prices now. Just my prediction.
Spot on.
All the makers and distributors of pinballs are clamouring for your dollar knowing full well that this is the last roll of the dice for the hobby, hence the LE and premium editions from Stern.
They know that tomorrows potential pinball buyers( todays kids) have little or no interest in pinballs and the time to strike with 30+ crowd is now.
That is why most if not all the current themes released are aimed at this demographic.
*%*
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I think we are at the peek of the market for retro arcade and pinball. Once the 40 odd year olds are 50 and 60 odd . The interest will die off pretty quickly. In 20 years these games will be worth a small fraction of asking prices now. Just my prediction.
This was true 20 years ago, and also true 10 years ago. It is also true NOW.
Pinball was never designed to be a home commodity. They were purely equipment that was produced to make profits for operators. When I remind myself of the dark days in the early 90's when 90 original 50's Bally Bingos, Williams sys4/6 and GTB sys1 were thrown into landfill, I cringe and wish that didn't happen. But it was reality. What do people do with their cars when they have outdone their usefulness ?
But Pinball has a way of surviving. I don't think the next generation will embrace it as we do.
Having said that, many new faces - and younger faces - are entering the market. It is always in decline, even when there is still huge demand. A real contradiction.
The home market has never been stronger.
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The home market has never been stronger.
+1
Even though the home market is strong, it is still a niche market. When November comes, a lot of homes put up elaborate and decorative lighting around their houses and yards. It has become a yearly ritual and neighbour copies neighbour, whether they are Catholic or not, people go crazy over this Christmas festivity.
Pinball is a bit different. I have machines in the house which my family members and friends play, but none of them have bought a pinball machine (yet). They look at them as novelties on which they are not prepared to spend money on (like house decoration lights). They probably think I am a (retired) nut but it won't change my love of the silver ball.
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I'm not getting older.
Really....I'm not <.>
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I think we are at the peek of the market for retro arcade and pinball.
+1
(http://www.michaelcovel.com/images/98.gif)
Pinball is in dead cat bounce mode right now.
From 100,000+ units per year in 1992 to 10,000 in 2014, it isn't coming back.
But there are more pinball companies now since WW2 - so what? Getting units out the door is what it is all about and having eight startups (90% of which are crowd funded which should get the alarm bells ringing in terms of long term viability) produce anywhere from a couple hundred to a projected two thousand machines a year is not a pinball renaissance.
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Pinball is growing well in my opinion. More and more brand new machines are being sold to various markets all around the world. Home or sited.
I don't think it matters whether we are at the levels of the 90,s or the highest point back way when. What matters is that many many people around the world are excited that pinball is alive and growing well again. We have a great pinball forum, many people have collections, most of our kids love pinball, Stern and others are bringing titles like Star Trek, Mustang and The Walking Dead to mainstream audiences which does get new business. Stern is doubling its production size which tells me they are selling more today than they have ever before. JJP is doing well and hasn't folded. So I like what I see everywhere. I focus on the positive and what we have instead of what we haven't got. I would bet that pinball will grow every year for the next ten years, cause that's exactly what it has done the last ten years overall, despite the worst recession we have seen in 80 or 90 years. Pinball is going great guns. Well done to all the positive people in pinball who keep believing in pinball who just don't know anything except positive go forward thoughts. Best hobby on the planet is doing well. Excellent I say.
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The point I was making was with regard to Retro arcade and pins. The prices for these games is at their peek. Old operators holding onto their old machines is crazy. The prices aren't going to get any better.
New pinball machine market is growing that for sure. I hope it continues.
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The point I was making was with regard to Retro arcade and pins. The prices for these games is at their peek. Old operators holding onto their old machines is crazy. The prices aren't going to get any better.
New pinball machine market is growing that for sure. I hope it continues.
Operators are like dealers - overpricing pinballs is not new to them. There's a local op near me that wants $3500 for a Gorgar that has been sitting in a shed for 20 years. He probably wanted $3500 20 years ago as well !
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Pinball is growing well in my opinion. More and more brand new machines are being sold to various markets all around the world. Home or sited.
I don't think it matters whether we are at the levels of the 90,s or the highest point back way when. What matters is that many many people around the world are excited that pinball is alive and growing well again. We have a great pinball forum, many people have collections, most of our kids love pinball, Stern and others are bringing titles like Star Trek, Mustang and The Walking Dead to mainstream audiences which does get new business. Stern is doubling its production size which tells me they are selling more today than they have ever before. JJP is doing well and hasn't folded. So I like what I see everywhere. I focus on the positive and what we have instead of what we haven't got. I would bet that pinball will grow every year for the next ten years, cause that's exactly what it has done the last ten years overall, despite the worst recession we have seen in 80 or 90 years. Pinball is going great guns. Well done to all the positive people in pinball who keep believing in pinball who just don't know anything except positive go forward thoughts. Best hobby on the planet is doing well. Excellent I say.
Well said Brett :-) there will always be negative dicks in this hobby who cares really! I went to a meet on the weekend and had an awesome time with fellow positive pinball guys.
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A friend of mine restores and sells high end 80-90 year old arcade games.
I doubt he sells to people who played these games when they were kids considering those people are more than likely dead. %.%
There is a point when these things will be worth nothing, then there will be a point in time when pinball's will be sort after again because they will become Antiques.
works that way with cars and pretty much anything. ^^^
In saying that, I would think the market for new pinballs will dry up when this trendy bubble bursts.
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Even though the conversation doesn't match the threads title.lol I wanted to add something after seeing a cartoon tonight. The cartoon was Star Wars. The point I was going to make is that if u market something properly, it will keep selling year in and year out. Star Wars (the entire franchise of movies n toys n cartoons n spin off series etc) from 1978 is a example. It's been marketed and sold now successfully for 36 yrs.
Gary Stern has been marketing pinballs for just as long, and prob will for another 20 years etc, so the marketing means pinball has followed Star Trek. If u keep marketing it, it will keep selling. Pinball will never die whilst people keep marketing it. Gary Stern is the George Lucas of pinball if u get my meaning. Where would modern Star Wars be without George lucases vision. Same for pinball in my mind with Gary Stern who has kept pinball alive and now growing worldwide.
If one person can make such a huge impact on a industry like the two great gents above have, imagine what positive pinball forums and word of mouth do to help pinball sales. Anyway. Lol
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Meant to say "followed Star Wars" not "Star Trek" lol
Typical I.phone auto spelling typo. Lol
Anyway, ......lol. Pinball may outlive Star Wars and Star Trek just yet. Lol
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Star Wars is still a viable marketing opportunity because Lucas was smart enough to keep reinventing it by applying current technology to it in order to keep up with the subsequent generation's expectations.
Of course, the old school purists moaned and gnashed their teeth when they saw that Greedo suddenly shot first or when CGI Jar Jar Binks first opened his mouth but the next generation doesn't give a damn about that. They want to see today's technology, not tech that was last current 20 years go. Anything less simply makes the end product look dated.
Lucas sold the Star Wars franchise to Disney for $4 billion with 3 new films scheduled for production.
Stern needed a white knight bailout from Hagerty Peterson to keep the company afloat.
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Good point.
Was it a bailout, or investment. Seems like investment perhaps if Stern is growing and getting new premises and selling more than ever ?
George Lucas must be the best sales person on earth to get the $$$ out of Disney. I couldn't believe the sale price when I saw that in the media. He got gold pricing for tin. Lol
Sterns decision to grow instead of stagnate was a brilliant move. I say brilliant cause it succeeded. Got To give Gary Stern credit for playing smart poker.
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It will be very interesting to see where the hobby is in the next 10-20 years.
It has had it's heyday and is crying out for @@^
Not negativity, it's fact.