The auction went to and was sold on paper for $3300. Thats indicative of just how much the prices have dropped. If the owner decided not to sell it (which i have no proof of or have seen anything regarding that but it may be the case), it still only got $3300. The last Indy in excellent condition went on ebay for $3800. Even if u added a whole set of new plastics (which i didnt need) and shopped it properly with rubbers n globes etc, give it a decent playfield polish, its still a very very long way away from $5500. The gold legs on that machine could have been polished up, or a brand new set for $99. Cabinet decals are on ebay regulary for $199 to $250. People redecal machines up here properly for $500 labour-widebody.
If a inexperienced buyer wants to pay BIG money for any machine, they certainly can. When selling machines, every collector wants to talk up the prices, and buyers want to talk down prices, that is normal, but prices have dropped a long way. You just have to hope u find a buyer who doesnt study the market. Indys in QLD, in excellent condition have been selling up here for over 4 years for 3000 to 4500 in excellent condition. The last few ebay prices indicate, like alot of machines, the market has dropped. Good for buying. Not great for selling. Unfortunately it affects all of us, me included. If I go to sell anything now, I will lose money on half my machines as well. What can u do, wait for the market to turn, if and when people stop bringing in alot more containers that may not happen for a while.
There is still alot of great condition machines in containers. 85 percent of the stuff is very good.
