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Banning madness

  • Thread starter Thread starter Deleted member 2463
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I found this posted by Pinball Press. Unsure who collated it: -

 
I see they've left all the LE's and CE's right till the very end to go out in a huge bang. I expect these prices could end up looking tame.
 
Some sale details:

Crunching the numbers after the first 600 games sold. Here are the stats:

600 games sold.

Average hammer price per game: $3,999.08

Average price with all fees: $5,084.63 (+18% buyers premium, 7.75% sales tax)

Total hammer price after 600 games: $2,399,450.00

Total buyer's premium after 600 games: $491,901.00

Total sales tax after 600 games: $219,429.70

I assume very few buyers have a tax exempt certificate at the prices they're paying, not much room for resale.

Total paid for first 600 games: $3,050,780.70

This is based on assuming that sales tax would also apply to the buyer's premium.


Top 20 games after 600:

The Addams Family Special Collectors Edition Gold Pinball Bally Midway SS $22,500.00

Hercules Pinball Machine Atari SS $18,000.00

Star Wars Battle Pod Namco Deluxe Arcade Game $17,000.00

Joust Head to Head Pinball Machine (table) Williams SS $17,000.00

Bally Space Flight Mechanical Arcade Game $15,500.00

Twilight Zone Pinball Machine Midway SS $15,000.00

Banzai Run Pinball Machine Williams SS $14,500.00

Elvira House of Horror Limited Edition Pinball Machine #108/400 $14,500.00

Back to the Future Pinball Machine Data East SS $14,000.00

Tales of the Arabian Nights Pinball Machine Williams SS $14,000.00

Tattoo Assassins Rare Data East Arcade Game $13,500.00

Cosmic Princess Pinball Machine (Australia) Stern SS $13,500.00

Guardians of the Galaxy Limited Edition Pinball Machine #49/600 $13,000.00

Jurassic Park Limited Edition Pinball Machine Stern #331/500 $13,000.00

Avengers Infinity Quest Limited Edition Pinball Machine Stern #416/500 $12,500.00

Eight Ball Deluxe Pinball Machine Bally SS Large Displays $12,500.00

AC/DC Luci (Premium) Pinball Machine Stern $12,000.00

Cactus Canyon Pinball Machine Midway SS $12,000.00

Disc of Tron Environmental Classic Arcade Game $11,500.00

Paper Boy Special Edition Original Only 1 Signed By Team Arcade Game $11,500.00
 
They could buy all the games again with the money they raised!


Sent from my iPhone using Tapatalk Pro
 
Is Eight Ball Deluxe (large displays) one of the ones with Gottlieb-type displays, i.e. an extra vertical segment that can show '1' centrally and (sort of) allow alpha-numeric text?.

Maybe Joust should have a premium attached, but for flips' sake! Not that that's going to happen with these lots.
 
I was wondering having not been to meuseum if the price paid are because they are NIB quality without a mark or anything on them and all 100 original. Outside wear and tear parts.

The prices seem rediculous, but I would have thought getting a 100 percent original mint condition lethal would be almost impossible which would reflect the premium price. Obviously you could by a fully restored one for less but it would be re-made parts, redecalled probably etc.

I've never been sure if people are after a machine looking cosmetically perfect or 100 original, I was always pretty impressed that my STTNG had all the original plastic but they did look a little worn but understandable due to its age.

Adams gold, if 100 percent mint, all original, with mint certificate probably is about right, if you consider a pinball heaven full restore is £14,000. 22 dollars + is Still a totally and utterly ridiculous price, but I'm guessing only a handful showroom condition exist.
 
I was wondering having not been to meuseum if the price paid are because they are NIB quality without a mark or anything on them and all 100 original. Outside wear and tear parts.

The prices seem rediculous, but I would have thought getting a 100 percent original mint condition lethal would be almost impossible which would reflect the premium price. Obviously you could by a fully restored one for less but it would be re-made parts, redecalled probably etc.

I've never been sure if people are after a machine looking cosmetically perfect or 100 original, I was always pretty impressed that my STTNG had all the original plastic but they did look a little worn but understandable due to its age.

Adams gold, if 100 percent mint, all original, with mint certificate probably is about right, if you consider a pinball heaven full restore is £14,000. 22 dollars + is Still a totally and utterly ridiculous price, but I'm guessing only a handful showroom condition exist.

Nope, its not that. There were a few new or nearly new machines in there, and the odd one will have been much better than a typical example, but according to the thread on pinside (with posts from techs that worked on many of the machines) most of them were in average or slightly better than average condition. See https://pinside.com/pinball/forum/topic/banning-pinball-museum-to-relocate

Auctions of other stuff getting mad prices, with more extreme examples in this article https://www.rarebookhub.com/articles/3077 I expect no one else on here will have known about the Aristophil example but that was basically buying ephemera with other peoples ("investors") money and ended very badly. Some of the other examples in that article are heading the same way - when no one that wants something can buy it and its only speculators then the prices are very much like Wylly Coyote and its a matter of time until they fall back to reality. At least with the pinball machines they do seem to have been bought by actual people, just the majority at inflated prices.
 
Some of the prices were reasonable, especially in the current market, ok a little high but that’s what can easily happen with auctions, especially if well attended with plenty of willing buyers. Auction fever can also set in and, Ive seen this many times, the prices obtained by previous lots seem to set the standard which bidders rely on more than anything else during the auction. Their common sense or knowledge of the market outside of the auction seems to go out of the window as everyone gets caught up in the moment. It is easy to convince yourself that these are the new values as others are happily bidding and winning.
 
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