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Are prices ever gonna stop? What do you think?

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Steve Ellenoff

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Aug 14, 2000, 3:00:00 AM8/14/00
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Hey all-

Having been following the rgp for almost 2 years now..

I can safely say I've never seen such ridiculous price inflation since I
started collecting.

What's worse is that it seems to get worse every day..

My question to the group is, is this ever going to stop? What do you guys
think?

I've got about 2-3 pins I'd like to eventually add to my "keep" collection.
I've had two reoccurring thoughts:

#1) Man, with prices going through the roof, I'll never be able to afford
what I want in a few years better bite the bullet now and get them before I
can no longer afford them..(never mind I have no space for them!)

#2) These prices are absurd, reality is gonna have to set back in, and in a
few years, I can hopefully get the pins I want for better prices than
during this craze (which i'm hoping would end)..

What do you guys think about this situation?

Any/all comments welcome..


--
Thanks-
Steve
sell...@hotmail.nospam.com (Remove "nospam" from email address)

cody

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Aug 14, 2000, 3:00:00 AM8/14/00
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Hi Steve,

I am certainly hoping for #2. If Stern and Illinois Pin can
produce some decent money-makers the ops will start letting go
of their tired route games. Since the ops can't replace these
games, they're hanging onto them. Thus the collectors have to
all vie for a limited supply of games, driving prices up. When
those games start getting released into the collector market,
the prices should drop. At least I hope so.

-Cody

President & CEO EDLOCO Enterprises, Guatemalan Division
If yer not knockin' yer not winnin'.
Play STERN pinball!
Boycott Williams Industries!!!!!!!

-----------------------------------------------------------

Got questions? Get answers over the phone at Keen.com.
Up to 100 minutes free!
http://www.keen.com


Lloyd R Olson

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Aug 14, 2000, 3:00:00 AM8/14/00
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If it is like ever hobby I've ever been in, collecting pinball machines is
hot right now, prices will continue to climb, they will get very obscene (as
in you ain't seen nothing yet) the first collectors in consider themselves
dealers (used to cheap prices) the new collectors will be facing retail plus
prices, and eventually in a couple years all these things combined will
cause a shakeout, people drop out of the hobby or can't afford to be in
it.And prices will fall, but not evenly, scarce,popular and mint items will
retain some value, average and junk stuff will have their value crash when
1/3 to half of the collectors drop out. The only difference I see in this
hobby compared to others I've been in ( antique
clocks,furniture,glassware,stamps,coins,scale model trains,Lionel
trains,antique toys,antique toy soldiers) is that there is the addition of
operators to the hobby, not too many hobbies have an element that can take
the hobby item out and make money on it while still owning it. Just my 2
cents worth but check back in three to five years and let me know how close
to what happens I was. LTG :)
Steve Ellenoff <sell...@hotmail.nospam.com> wrote in message
news:8F909A5B9sell...@160.79.54.12...

Chris Foote

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Aug 14, 2000, 3:00:00 AM8/14/00
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Wow Lloyd, that is quite a list of collectables! :) Any Rudy
faces in there??? :)

-Chris

Chris Foote

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Aug 14, 2000, 3:00:00 AM8/14/00
to
I think Lloyd has it right. The hobby will eventually become a
rich-mans hobby with folks doing all of their business on EBay
because they want the most money they can (Hey - I can't
blame 'em). It's too bad, and I am sorry to see our hobby end up
this way, but that's the way it is.

Steve Young has the same analogy - it will become a rich mans
hobby. Big bummer.

Cliffy

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Aug 14, 2000, 3:00:00 AM8/14/00
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My opinion is that as long as there is a good economy people will have
extra money for luxuries. The reverse then would be true, ie, as soon as
we hit a recession prices for luxuries will drop. Now, does anyone want
to predict the next recession? ;-)

Already there is a slow down starting here in California with dot coms
dropping like flies.

Steve Ellenoff wrote:
>
> Hey all-
>
> Having been following the rgp for almost 2 years now..
>
> I can safely say I've never seen such ridiculous price inflation since I
> started collecting.
>
> What's worse is that it seems to get worse every day..
>
> My question to the group is, is this ever going to stop? What do you guys
> think?
>
> I've got about 2-3 pins I'd like to eventually add to my "keep" collection.
> I've had two reoccurring thoughts:
>
> #1) Man, with prices going through the roof, I'll never be able to afford
> what I want in a few years better bite the bullet now and get them before I
> can no longer afford them..(never mind I have no space for them!)
>
> #2) These prices are absurd, reality is gonna have to set back in, and in a
> few years, I can hopefully get the pins I want for better prices than
> during this craze (which i'm hoping would end)..
>
> What do you guys think about this situation?
>
> Any/all comments welcome..
>
> --
> Thanks-
> Steve
> sell...@hotmail.nospam.com (Remove "nospam" from email address)

--
Cliffy
For Funhouse ramp repair kits;
http://members.home.net/crinear/ramps/ramps.html
'82 Tron U/R
'87 F-14 Tomcat
'90 Funhouse
Association of Pinball Owners and Players
Western Director
http://www.ilovepinball.com/APOP
Check out Marco Rossignoli's The Complete Pinball Book
http://members.home.net/crinear/pinbook.html

Lloyd R Olson

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Aug 14, 2000, 3:00:00 AM8/14/00
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Sorry Chris, my only hope is Dave Stambaugh wills me his punk one so I can
achieve total happiness before I go to that big game room in the sky. LTG :(
Chris Foote <darkange...@map.com.invalid> wrote in message
news:094f4718...@usw-ex0104-026.remarq.com...

> Wow Lloyd, that is quite a list of collectables! :) Any Rudy
> faces in there??? :)
>

Kirb

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Aug 14, 2000, 3:00:00 AM8/14/00
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my prediction?

better sell off your non-keeper games before next year. I have a
feeling the the elections (and post-xmas) will cause a drop in
the economy. This will also help shrink prices. Just MHO.

I have been seeing not so inflated prices in the last few weeks
on ebay. It seems like the games are starting to come around (at
least the 80's era).. example: a HH went for nearly $1500 a
couple of weeks ago and one just closed now for around $700 in
similar shape. $700 is more in the ball park for what I would
pay, but that is just me.

kirb

OtherWorlds InterActive & Media

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Aug 14, 2000, 3:00:00 AM8/14/00
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Hello,
I think ebay is far to expensive, expect the cost to be must higher from a
an actually where all collectors can bid for a machine(s). Like going to a
specialty store instead of WAL-MART, you'll pay more buying a pin from an
antique dealer than a junk dealer. You might have to go back to the local
papers, etc. Also do you collect EMs? post 1990's models?
Models between 77' and 86 seem to go for reasonable now. Hey I am a newbie
in pinball collecting yeah, but I thought I would share what I have learned
lately. Something else I noticed, avoid buying pins from former repair guys,
they maybe selling their headaches to you! Like a board that has a poor
"fix", they may have messed with the ROM jumpers and only God knows what
else. Then they may have gave-up on the fix, and here comes little 'ol me.
(wise now) This time it cost me nothing (long story) but now I know to never
buy tehse froma guy who otherwise claims he could have fixed it himself.
(watch out, is all I am saying) Guess I am getting off the subject. I did
buy my next set of Pins for 75.oo each needing work, nothing major is wrong
with any of them. These where from a guy getting them out of storage who
used to also do coin-op, but was NOT a repair guy.

--
Ken Deel
OtherWorlds InterActive & Media
Genesis3D University
Jet3D University


"Steve Ellenoff" <sell...@hotmail.nospam.com> wrote in message
news:8F909A5B9sell...@160.79.54.12...

larry

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Aug 14, 2000, 3:00:00 AM8/14/00
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All this is assuming Stern puts out crap games and/or goes under. If
Stern, or IPC or whoever starts manufacturing GOOD games, prices will
stabilize/lower as the amount of quality product satisfies demand.
I.E. Why pay $4000 for a used, beat MM when you could buy a NIB, Pat
Lawlor-designed game from IPC for apprx the same?? (major
assumption/wishful thinking there, but you get the point)

Chris Foote wrote:
>
> I think Lloyd has it right. The hobby will eventually become a
> rich-mans hobby with folks doing all of their business on EBay
> because they want the most money they can (Hey - I can't
> blame 'em). It's too bad, and I am sorry to see our hobby end up
> this way, but that's the way it is.
>
> Steve Young has the same analogy - it will become a rich mans
> hobby. Big bummer.
>
> -Chris
>

> -----------------------------------------------------------
>
> Got questions? Get answers over the phone at Keen.com.
> Up to 100 minutes free!
> http://www.keen.com


Chris Foote wrote:
>
> I think Lloyd has it right. The hobby will eventually become a
> rich-mans hobby with folks doing all of their business on EBay
> because they want the most money they can (Hey - I can't
> blame 'em). It's too bad, and I am sorry to see our hobby end up
> this way, but that's the way it is.
>
> Steve Young has the same analogy - it will become a rich mans
> hobby. Big bummer.
>
> -Chris
>

Lloyd R Olson

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Aug 14, 2000, 3:00:00 AM8/14/00
to
Hi again Chris, I forgot to mention the railroad
stuff,bells,headlights,whistles, and the fairmont motor car in the tool
shed. I must apologize here for be presumptuous in hoping to go to the big
game room in the sky, according to most I will be heading to the big casino
down below. LTG :)
Lloyd R Olson <lloyd....@worldnet.att.net> wrote in message
news:Y5Yl5.25156$gW5.1...@bgtnsc04-news.ops.worldnet.att.net...

> Sorry Chris, my only hope is Dave Stambaugh wills me his punk one so I can
> achieve total happiness before I go to that big game room in the sky. LTG
:(
> Chris Foote <darkange...@map.com.invalid> wrote in message
> news:094f4718...@usw-ex0104-026.remarq.com...
> > Wow Lloyd, that is quite a list of collectables! :) Any Rudy
> > faces in there??? :)
> >

Lloyd R Olson

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Aug 14, 2000, 3:00:00 AM8/14/00
to
My ideas were geared for the state of the hobby, Stern's major impact will
be the coin op market first, hobby maybe later.From an operator's point of
view I hope for the best for Stern and from Stern, but for the collectors
end of the hobby, I don't think one company will alter where the hobby will
go. LTG :)
larry <larry...@itpms.com> wrote in message
news:3998604E...@itpms.com...

> All this is assuming Stern puts out crap games and/or goes under. If
> Stern, or IPC or whoever starts manufacturing GOOD games, prices will
> stabilize/lower as the amount of quality product satisfies demand.
> I.E. Why pay $4000 for a used, beat MM when you could buy a NIB, Pat
> Lawlor-designed game from IPC for apprx the same?? (major
> assumption/wishful thinking there, but you get the point)
>
> Chris Foote wrote:
> >
> > I think Lloyd has it right. The hobby will eventually become a
> > rich-mans hobby with folks doing all of their business on EBay
> > because they want the most money they can (Hey - I can't
> > blame 'em). It's too bad, and I am sorry to see our hobby end up
> > this way, but that's the way it is.
> >
> > Steve Young has the same analogy - it will become a rich mans
> > hobby. Big bummer.
> >
> > -Chris
> >
> > -----------------------------------------------------------
> >
> > Got questions? Get answers over the phone at Keen.com.
> > Up to 100 minutes free!
> > http://www.keen.com
>
>
> Chris Foote wrote:
> >
> > I think Lloyd has it right. The hobby will eventually become a
> > rich-mans hobby with folks doing all of their business on EBay
> > because they want the most money they can (Hey - I can't
> > blame 'em). It's too bad, and I am sorry to see our hobby end up
> > this way, but that's the way it is.
> >
> > Steve Young has the same analogy - it will become a rich mans
> > hobby. Big bummer.
> >

Dave Stambaugh

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Aug 14, 2000, 3:00:00 AM8/14/00
to
Lloyd - I think Rudy (the punk one) is messing with my head. He's not happy
with me now. He wants to go live with you -- Then you and Rudy can getch'er
self a hot dog every day! Send me your address and I'll pack him up nice
and safe and send him on his way. Please respond ASAP because he's giving
me the evil eye even as we speak...

--
Dave
MM/TOTAN/DW
www.oregonpinball.com

"Lloyd R Olson" <lloyd....@worldnet.att.net> wrote in message
news:Y5Yl5.25156$gW5.1...@bgtnsc04-news.ops.worldnet.att.net...
> Sorry Chris, my only hope is Dave Stambaugh wills me his punk one so I can
> achieve total happiness before I go to that big game room in the sky. LTG
:(
> Chris Foote <darkange...@map.com.invalid> wrote in message
> news:094f4718...@usw-ex0104-026.remarq.com...
> > Wow Lloyd, that is quite a list of collectables! :) Any Rudy
> > faces in there??? :)
> >

Richard C..©...

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Aug 14, 2000, 3:00:00 AM8/14/00
to
Why should they stop going up?

The supply continues to decrease and the demand is increasing.......
hence higher prices.

=======================

larry

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Aug 14, 2000, 3:00:00 AM8/14/00
to
again.. if Stern or IPC or ?? step up to the plate and deliver quality
product to meet the demand, prices will drop. Right now, prices are
rising due to Sega/Stern's reputation of producing second-fiddle games,
but there's no reason why they couldn't make much better ones. Remember,
a game doesn't have to be hella complicated to be fun.

Lets see how prices react to the introduction of Sharkeys.. This one
looks pretty good.

Ken Williams

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Aug 14, 2000, 3:00:00 AM8/14/00
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Have prices gone up that much or are we just targeting on a few specialty
item games such as Kiss (non pin collectors drive this up) or MM which is
scarce. Look what folks were getting for a Harley pin 2 years ago yet we
hear little about it today. I think Addams Family is a benchmark game, good
demand and decent supply. Two years ago they were $1800 -$1950 shopped.
Today they are $2200. That is about a 5%-10% per year increase. More than
inflation but probably not that outrageous. How about Pinbot for an older
game, again the game is good as is the supply. Looking at ads again the
price inflation is reasonable.

I seldom look at ebay as a price setter as I have seen the same game sell
several times because the first bidder backed out. I think the Mr. Pinball
classifieds gives a better example and take the median average which has the
effect of not counting the highest or lowest prices.

I plan on going to the Milwaukee and then the Chicago (ST. Charles) auctions
this week just for kicks so I reserve the right to come back and eat these
words.

Ken Williams

Dave Stambaugh

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Aug 14, 2000, 3:00:00 AM8/14/00
to
I've said this before: I [mostly] blame high prices the Internet. To a
lesser extent I also blame the good US economy and the fact that Wms is no
longer making pins. Three years ago I knew nothing about ebay or rgp and if
I was interested in a pinball machine I had to open up a phone book and look
in the Yellow Pages for Amusement Devices and hope I could find an operator
who will 1) Talk to me and 2) Not try to cheat me.

Now I can sit here and surf the net and find lots of machines for sale, all
ranges of prices and condition. I can lurk on rgp and read about what the
real pinheads think are the good games and which ones are just ho-hum. I
can communicate with others who have similar interests, pick their brains,
get opinions. It's no longer a "lonely" process (or it doesn't need to be
lonely).

I think far more people follow rgp than actually post here, and those people
are influenced by what the rest of us say and do. Of course this all gets
mixed in with simple supply and demand, but hey, Junkyard is in low supply,
but nobody on rgp likes it and guess what, the price hovers around $2000 for
one that's in minty condition. But we all drool over Medieval Madness, we
all want one as a trophy, and hence you have MM selling for $4000-$5000 or
even more. TAF is somewhat immune because there are so many of them out
there.

As far as Stern, I doubt they're going to turn out many games in the same
league as the best Wms games. After all, Wms was the leader for many years
and look where it got them. The small amount of pinball business that's
left will probably sustain Stern, but there's no reason for Stern to make
any big changes to their games. Build 'em fast and cheap and sell as many
as you can. So I don't think Stern will have much impact on the collector's
market. The games we want all have the Wms/Bly logo, and there won't be any
more the, so I see prices for the most desirable games remaining high, as
long as the economy doesn't collapse or something.

--
Dave
MM/TOTAN/DW
www.oregonpinball.com

Lloyd R Olson

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Aug 14, 2000, 3:00:00 AM8/14/00
to
Wow Dave, thank you, your wisdom is only exceeded by your generosity.And on
Monday when I have the foot long hot dog (onion,ketchup) peanut butter cup
blizzard breakfast. I only hope I can discover what you collect or need so I
can ship you a little something in return for your kindness. Thank You ! LTG
:)
Dave Stambaugh <pin...@oregonpinball.com> wrote in message
news:8n9ntm$ss9$1...@spiney.sierra.com...

roby

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Aug 14, 2000, 3:00:00 AM8/14/00
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MHO: The economy is really in good shape. When it goes, a large part of the
entertainment industry will too. People will be more likely to drop a
quarter than buy a game. The supply will be there, but demand will diminish.

-Rob C:>

LoneWolf

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Aug 14, 2000, 3:00:00 AM8/14/00
to
As long as the economy is good prices will stay high on working
machines.
People with too much money and too little sense will usually not pay for
non-working machines, so that's where the few bargains will be.
Just my opinion, LoneWolf

LiveWebcs

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Aug 15, 2000, 12:21:03 AM8/15/00
to
Well if they can make games that
are as good as Striker I am encouraged.
I've played like 5 of these on location
and they've all preformed nice and with
a level of quality we haven't seen since
the BIG demise(s).

Prooves you dont have to create
something totally new to create an
interesting game. Just make a
good game!

If they start throwing old-style Sega
styles at us you can kiss new machines
goodbye.

>
>again.. if Stern or IPC or ?? step up to the plate and deliver quality
>product to meet the demand, prices will drop. Right now, prices are
>rising due to Sega/Stern's reputation of producing second-fiddle games,
>but there's no reason why they couldn't make much better ones. Remember,
>a game doesn't have to be hella complicated to be fun.
>
>Lets see how prices react to the introduction of Sharkeys.. This one
>looks pretty good.
>

>"Richard C..Š..." wrote:
>>
>> Why should they stop going up?
>>
>> The supply continues to decrease and the demand is increasing.......
>> hence higher prices.
>>
>> =======================

>> "Steve Ellenoff" <sell...@hotmail.nospam.com> wrote in message
>news:8F909A5B9sell...@160.79.54.12...

>> : Hey all-

LiveWebcs

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Aug 15, 2000, 12:26:46 AM8/15/00
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Price problem is NOT just ebay though.
There are dealers who sell games at
fair prices, but there are dealers who
sell games off their websites in
prices astonomical (just for shopping
them well).

I think these dealers are as much to
blaim. I won't mention any names
but some are just crazy!!!!!!

mark_sc...@my-deja.com

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Aug 15, 2000, 2:40:06 AM8/15/00
to
i have just became interested in pinball collecting a few weeks ago and
have been looking for one to buy the last couple weeks. a lot of the
people i have talked to have said pinball prices have increased a lot
the last 6 months but i dont understand why there is a higher demand
for them when ive seen less and less people playing pinball machines
anywhere and i see less and less pinball machines at places. the
bowling alleys and bars where i live got rid of theres and only a few
amusment places have an old uncared-for pin in the back. why are prices
higher??

In article <8F909A5B9sell...@160.79.54.12>,


sell...@hotmail.nospam.com (Steve Ellenoff) wrote:
> Hey all-
>
> Having been following the rgp for almost 2 years now..
>


Sent via Deja.com http://www.deja.com/
Before you buy.

1Ripper

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Aug 15, 2000, 3:00:00 AM8/15/00
to
You are totally correct, but some of these dealers come back with the line
"going rate on the Internet", read: eBay.

Others are just greedy slobs. :)

Bill

LiveWebcs

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Aug 15, 2000, 3:00:00 AM8/15/00
to
Well I hope they realise they
are ruining their own livelihood.
There are cycles to everything
and it will come back to haunt
each and every one of them.

Suddenly every pinball sells for
$1500-$2500, no matter what
it is. Even if its crap.

Barry Miller

unread,
Aug 15, 2000, 3:00:00 AM8/15/00
to
I think you just answered you own question. More people are buying
pins for their home and since we home buyers are starting to buy more
and more pins, the demand is getting higher for the pins that are very
popular.
Barry

john shields

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Aug 16, 2000, 8:51:20 PM8/16/00
to
This guy pierre from montreal don't offer him shit for anything. He just preys
on the ignorance of the americans when it comes to buying used pinball
machines. Fact is prices have fallen every year in canada. Most if not all
pinball machines from ontario canada can be bought for under 500 dollars
canadian. Don't offer a canadian more than 500 canadian they will gladly take
that much for any pinball machine they are selling. No canadian will ever offer
them that much.

Dalacom

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Aug 16, 2000, 10:05:14 PM8/16/00
to
Hey John,

I would not sale you any Pinball under $5000.00 USD...never never never

john shields a écrit:

Internet Nerd

unread,
Aug 18, 2000, 3:00:00 AM8/18/00
to
I think Lloyd has it right. The hobby will eventually become a
>rich-mans hobby with folks doing all of their business on EBay
>because they want the most money they can (Hey - I can't
>blame 'em). It's too bad, and I am sorry to see our hobby end up
>this way, but that's the way it is.
>
>Steve Young has the same analogy - it will become a rich mans
>hobby. Big bummer.

Wait a minute. Many men have a boat. A decent fiberglass boat and outboard
engine costs at least $10K. Many men go snow skiing - easily $1K a week (not
counting any family members). You can easily get a early digital machine in
decent shape for $500-700, and you only need to buy it once, and fix boards
every once in a while. How is that a "rich man's hobby"?


Cliffy

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Aug 18, 2000, 3:00:00 AM8/18/00
to
Now multiply that by how many times? ;-)

Internet Nerd wrote:
>
> Wait a minute. Many men have a boat. A decent fiberglass boat and outboard
> engine costs at least $10K. Many men go snow skiing - easily $1K a week (not
> counting any family members). You can easily get a early digital machine in
> decent shape for $500-700, and you only need to buy it once, and fix boards
> every once in a while. How is that a "rich man's hobby"?

--
Cliffy
APOP Western Director
http://www.ilovepinball.com/APOP

For shipping crisis info
http://www.ilovepinball.com/APOP/shipping.htm

Chris Foote

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Aug 18, 2000, 3:00:00 AM8/18/00
to
In article <8nkf01$lbl$6...@nntp9.atl.mindspring.net>, intern...@com.net
says...

> Wait a minute. Many men have a boat. A decent fiberglass boat and outboard
> engine costs at least $10K. Many men go snow skiing - easily $1K a week (not
> counting any family members). You can easily get a early digital machine in
> decent shape for $500-700, and you only need to buy it once, and fix boards
> every once in a while. How is that a "rich man's hobby"?

Simple. When someone needs a part, a collector will not want to part with
it, for fear of it breaking in *his* game. Therefore he will only part
with it at a very high price - usually double or triple the original
cost.

It's happening now on many parts. That is what will make this a rich mans
hobby.

-Chris


-----= Posted via Newsfeeds.Com, Uncensored Usenet News =-----
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Chris Foote

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Aug 18, 2000, 3:00:00 AM8/18/00
to
In article <20000818221802...@ng-cd1.aol.com>, bo...@aol.com
says...

> I consider a rich man's hobby something that isn't mainstream. For example,
> most people may enjoy boating, but how many can afford a Donzi? Many people
> like fast cars, but how many can afford a Ferrari?

Hmmm, true, although I don't consider pinball mainstream. Many can't
afford the luxury of having one (or in our case more) $2,000-$3,000
machines in the house.

Boag1

unread,
Aug 18, 2000, 10:18:02 PM8/18/00
to
I consider a rich man's hobby something that isn't mainstream. For example,
most people may enjoy boating, but how many can afford a Donzi? Many people
like fast cars, but how many can afford a Ferrari?

Aron
Street maintainence instructions for pinball: 1. Unlock and open coin door
2. Remove coin box and empty contents 3. Replace coin box and shut door 4.
Lock coin door. Congratulations! You're a pinball tech in Detroit! Not that
I'm bitter.

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