Difference between revisions of "What is a Pinball Machine Worth?"

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==Prices==
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The value of a pinball machine is a highly subjective topic. A totally restored Medieval Madness might sell to a serious collector for well in excess of $10,000. A pinball dealer might offer $5000 for the same machine a week later. A tire-kicker might offer $3000 because the machine is "not original" and so on.
  
The value of a pinball machine is a highly subjective subject. A totally restored Medieval Madness might sell to a serious collector for well in excess of $10,000. A pinball dealer might offer $5000 for the same machine a week later. A tire-kicker might offer $3000 because the machine is "not original".
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Pinball price is dependent on a variety of factors, such as desirability, availability, location and condition. Guides are available that track the price on an annual basis and sites like [http://www.pinpedia.com/prices Pinpedia] list past auction prices.  Unfortunately 'shilling' and other nefarious practices can happen on online auction sites, so take the results with a pinch of salt. Just because a machine has a 'Buy it not' for $3k doesn't mean it will sell for $3k.
  
So pinball price is dependent on desirability, availability, and condition. Guides are available that track the price on an annual basis.
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A dirty machine, without serious damage, can take 40 hours to clean up and $400 in plastics, rubbers, lamps and materials. Add another $200 for legs, door and trim. Playfield swaps add another 40 hours and $600 - $900 for the playfield. And cabinet decals are another 20 hours plus $300 for the decals.
  
A dirty machine, without serious damage, can take 40 hours to clean up and $400 in plastics, rubbers, lamps and materials. Add another $200 for legs, door and trim. Playfield swaps add another 40 hours and $600 - $900 for the playfield. And cabinet decals are another 20 hours plus $300 for the decals.
+
Unfortunately, too often it seems people will 'discover' an old beat up machine in the back of their garage and assume as they just saw an Addams Family on eBay with a 'Buy it now' of $6k, then their pinball machine is worth at least at much.  It can be hard trying to explain to people like this the reality of the situation.
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Rarity does not necessarily mean a higher price.  Pinball machines were built to be put on location and make money.  If a game was popular with the public, they put more money in them, meaning the operators bought more machines.  If a table wasn't popular, not many were bought by the operators and thus not many were made.
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This is self evident with 'Addams Family', a well regarded table and the highest production run of the modern pinball era. This machine can still command a high price even though there were 21,000 of them, whereas a similar machine of the same era like Hurricane with only a few thousand made can be found quite cheaply in comparison.
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There are exceptions to this rule, like prototype machines and limited runs like Big Bang Bar and LOTR:Gold.
  
Broadly speaking, pinball machines price out into several groups. Each group has a high and low section.  
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Broadly speaking, pinball machines price out into several groups. Each group has a high and low section.  This list is only an example, as mentioned above there are many factors that can affect the price.
  
'''Exceptions''' - pinball machines that can exceed $10,000.
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===Exceptions===
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Pinball machines that can exceed $10,000.
  
Big Bang Bar
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[[Big Bang Bar]]
  
Medieval Madness, premium restoration
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[[Medieval Madness]] (premium restoration)
  
Cactus Canyon
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[[Cactus Canyon]]
  
  
'''The "A" List''' - $4000 and up
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===The "A" List===
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$4000 and up
  
Medieval Madness
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[[Medieval Madness]]
  
Monster Bash
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[[Monster Bash]]
  
Black Spider-Man
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Black [[Spider-Man]]
  
  
'''The "B" List''' - $3000 - $4000
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===The "B" List===
 +
$3000 - $4000
  
Attack from Mars
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[[Attack from Mars]]
  
Cirqus Voltaire
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[[Circus Voltaire]]
  
Safecracker
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[[Safecracker]]
  
Lord of the Rings
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[[Lord of the Rings]]
  
Spider-Man
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[[Spider-Man]]
  
Theater of Magic
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[[Theatre of Magic]]
  
The Simpsons' Pinball Party
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[[The Simpsons' Pinball Party]]
  
Indiana Jones: The Pinball Adventure
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[[Indiana Jones: The Pinball Adventure]]
  
Twilight Zone
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[[Twilight Zone]]
  
  
'''The "C" List''' - $2000 - $3000
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===The "C" List===
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$2000 - $3000
  
Creature from the Black Lagoon
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[[Creature from the Black Lagoon]]
  
Star Trek: The Next Generation
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[[Star Trek: The Next Generation]]
  
Whitewater
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[[Whitewater]]
  
  
'''The "D" List''' - Under $2,000 - great value machines
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===The "D" List===
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Under $2,000  
  
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[[Demolition Man]]
  
Demolition Man
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[[Johnny Mnemonic]]
  
Johnny Mnemonic
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[[Judge Dredd]]
  
Judge Dredd
 
  
'''Checking auction sites and wanted ads'''
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==Resale value==
Completed auctions on sites like pinpedia.com and ebay can give a *rough* indication of a machines current value.
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In general, if the machine is well looked after you tend not to lose money when the time comes to sell it on. They can take a while to sell, depending on what price you set and current market conditions.
  
'''Resale value'''
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==Aftermarket Modifications==
In general, if the machine is well looked after you tend not to lose too much money when the time comes to sell it onThey can take a while to sell, due to the dwindling popularity of the hobby.
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Some people prefer completely original machines, while others like to fit various modifications to the tableThese can vastly affect the price depending on which mods have been fitted, some people pay more for original unmolested tables, whereas others will pay extra for a table that has been fitted with after market modifications.

Revision as of 08:27, 2 May 2011

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1 Prices

The value of a pinball machine is a highly subjective topic. A totally restored Medieval Madness might sell to a serious collector for well in excess of $10,000. A pinball dealer might offer $5000 for the same machine a week later. A tire-kicker might offer $3000 because the machine is "not original" and so on.

Pinball price is dependent on a variety of factors, such as desirability, availability, location and condition. Guides are available that track the price on an annual basis and sites like Pinpedia list past auction prices. Unfortunately 'shilling' and other nefarious practices can happen on online auction sites, so take the results with a pinch of salt. Just because a machine has a 'Buy it not' for $3k doesn't mean it will sell for $3k.

A dirty machine, without serious damage, can take 40 hours to clean up and $400 in plastics, rubbers, lamps and materials. Add another $200 for legs, door and trim. Playfield swaps add another 40 hours and $600 - $900 for the playfield. And cabinet decals are another 20 hours plus $300 for the decals.

Unfortunately, too often it seems people will 'discover' an old beat up machine in the back of their garage and assume as they just saw an Addams Family on eBay with a 'Buy it now' of $6k, then their pinball machine is worth at least at much. It can be hard trying to explain to people like this the reality of the situation.

Rarity does not necessarily mean a higher price. Pinball machines were built to be put on location and make money. If a game was popular with the public, they put more money in them, meaning the operators bought more machines. If a table wasn't popular, not many were bought by the operators and thus not many were made.

This is self evident with 'Addams Family', a well regarded table and the highest production run of the modern pinball era. This machine can still command a high price even though there were 21,000 of them, whereas a similar machine of the same era like Hurricane with only a few thousand made can be found quite cheaply in comparison.

There are exceptions to this rule, like prototype machines and limited runs like Big Bang Bar and LOTR:Gold.

Broadly speaking, pinball machines price out into several groups. Each group has a high and low section. This list is only an example, as mentioned above there are many factors that can affect the price.

1.1 Exceptions

Pinball machines that can exceed $10,000.

Big Bang Bar

Medieval Madness (premium restoration)

Cactus Canyon


1.2 The "A" List

$4000 and up

Medieval Madness

Monster Bash

Black Spider-Man


1.3 The "B" List

$3000 - $4000

Attack from Mars

Circus Voltaire

Safecracker

Lord of the Rings

Spider-Man

Theatre of Magic

The Simpsons' Pinball Party

Indiana Jones: The Pinball Adventure

Twilight Zone


1.4 The "C" List

$2000 - $3000

Creature from the Black Lagoon

Star Trek: The Next Generation

Whitewater


1.5 The "D" List

Under $2,000

Demolition Man

Johnny Mnemonic

Judge Dredd


2 Resale value

In general, if the machine is well looked after you tend not to lose money when the time comes to sell it on. They can take a while to sell, depending on what price you set and current market conditions.

3 Aftermarket Modifications

Some people prefer completely original machines, while others like to fit various modifications to the table. These can vastly affect the price depending on which mods have been fitted, some people pay more for original unmolested tables, whereas others will pay extra for a table that has been fitted with after market modifications.