Are LE pins dropping in price too like usa?

[Seb]

Are LE pins dropping in price too like usa?
I was never a LE buyer, i have a mix of pro/premium games

Foo LE, bond LE dropping under 10k usd

I have both pro machines and its tempting to switch them over.

Are the one for sale in canada really selling at 16-17k cad ?

wouldnt the realistic price around 13k or since we have a small market/less pins, they are more expensive used?

 

[Joker19]

I'll start by saying: People can ask what they want for their pins.

Now that this is out of the way. People calculate the exchange rate at the time of posting the pin. So let's say someone sells an LE for 9k US, they will say: 9k x 1.43 x taxe (nor.ally use the Ontario one which is 1.13) which then makes it 14.5. Which technically is not too bad.

The issue is people don't use the low end of the LE prices, but the high end of the price they are posted at 11k US which then brings it to 17.7k.

Maybe people should just post their bill.
of sale with the true price they paid and then say I want X and we can truly know if they are offering a rebate vs NiB price.

Again, people can ask and justify it how they want. However, if the pin sits, doesn't matter what the price is, it means it is too expensive.

It also depends on when they want the pin gone. If they want it gone within a few weeks, then they will need to be more aggressive, if they are just posting it to show their significant other: "Look Honey I posted it for sale I swear". Then they can have it priced a bit higher and let it sit there.

Another thing you also have to take into account is the economy state and at this time, it's not the best, so people might be a bit more frugal with their money.

Like you, I am not a LE buyer for a few reason, money being the big one but also I have limited space and like to rotate a lot which means that LE buying makes little to no sense for me.

There are a lot of factors in play for sure. Title of the pin, economy, exchange rate, how many pins for sale in the market, how long can you have it sits for sale... With all those factors, it makes it hard to say, LE should sell for X amount.

 

[BMHouze]

Plus most LEs are made at the start of the production run for games.
You pay your price for the LE and every year you watch your in production pin creep up on the Pro/Premium bracket on inflation of retail.
I was more than happy to post my bill of sale and highlight my price on Heavy Metal when I took it to Pinfest .

 

[ritewhereiwant2b]

I am a regular LE buyer and have done well buying and selling LEs in the past. Any diffecult financial time, like now, would make buying Le's appear to be a guaranteed loss. I do not buy pinball machines to sell them for a profit (although it HAS worked out mostly thst way) i buy them to play them, and I love the finish of an LE.

We will not always face the tougher times we see today. ...and in the meantime, just enjoy what you bought, for me it will certainly be my LE'S!

 

[Murphelman]

I think it's more of an issue of expensive games period that are dropping in price. This unfortunately mean all LEs are taking a hit right now. But so are the JJP games, Labyrinth seems to be taking a hit as well. It's not just Stern LEs. I think the ceiling of expensive games is lowering in general.

Will it stay that way? Who knows. Just enjoy your games and trade until the market is at a place you are comfortable selling at if it ever happens.

I think NIB market is suffering and with prices going up, I am a little concerned about how manufacturers are going to be able to stay alive if their games are not selling. Hopefully we will see a turnaround in the future as I would hate to see manufacturers shutting doors.

Space is becoming more and more an issue with enthusiasts now too. With more games being released now than ever, they need to go somewhere. I know many people whose spaces are completely filled up so if they want a game they need to move a game. If everybody is full and new people are leary about entering the hobby, there is no place for games to land.

 

[ritewhereiwant2b]

Personally, I think people thinking "I'm probably not going to be able to make a cent on this pin for the first few years" is good for collectors who want an LE for their dream theme.

 

[Murphelman]

Personally, I think people thinking "I'm probably not going to be able to make a cent on this pin for the first few years" is good for collectors who want an LE for their dream theme.

I agree. The good thing about this market is it's starting to weed out the people who are in it for an investment. Still see a few but not near as much as during COVID.

 

[Seb]

Interesting replies from everyone, thx

in the mean time, just bought a foo le for a good price. My first LE

My foo pro will be up for sale.

 

[kool1]

I agree. The good thing about this market is it's starting to weed out the people who are in it for an investment. Still see a few but not near as much as during COVID.

I always hated that certain people were cozy with Jerry and got their LE and then flipped it every new game.

I think it's more of an issue of expensive games period that are dropping in price. This unfortunately mean all LEs are taking a hit right now. But so are the JJP games, Labyrinth seems to be taking a hit as well. It's not just Stern LEs. I think the ceiling of expensive games is lowering in general.

Will it stay that way? Who knows. Just enjoy your games and trade until the market is at a place you are comfortable selling at if it ever happens.

I think NIB market is suffering and with prices going up, I am a little concerned about how manufacturers are going to be able to stay alive if their games are not selling. Hopefully we will see a turnaround in the future as I would hate to see manufacturers shutting doors.

Space is becoming more and more an issue with enthusiasts now too. With more games being released now than ever, they need to go somewhere. I know many people whose spaces are completely filled up so if they want a game they need to move a game. If everybody is full and new people are leary about entering the hobby, there is no place for games to land.

The hobby is still growing from what I see (and it needs to) but more distributors in Ontario and more supply is hurting resale. Post Covid demand normalizing is reality for most hobbies also yes (not just pinball). Higher prices for Canadians with a $1.45 USD may actually help resale a little if we stay here. Over $10K CAD for a pro before tax now - wow.

If you are concerned about resale know your pricing and buy used. I don't think you will lose much if you buy a recent Stern pro for $8000-9000.

 

[PinLuvr1965]

Newer LEs aren’t that limited which is the problem. The ones made before 2020 (year right?) where 500 or fewer made are still selling for a reasonable amount. Today’s LEs drop fast

 

[MrMikeman]

The ones made before 2020 (year right?) where 500 or fewer made are still selling for a reasonable amount.

Tell that to the 2019 JPLE owners (or Elvira)... Even the short LE runs don't matter since Stern lies about LEs not being remade. They will if they can make a profit.

 

[Chambahz]

Tell that to the 2019 JPLE owners (or Elvira)... Even the short LE runs don't matter since Stern lies about LEs not being remade. They will if they can make a profit.

That was clarified a while back though. Stern said they would no longer release additional runs of LEs, post launch.

 

[MrMikeman]

That was clarified a while back though. Stern said they would no longer release additional runs of LEs, post launch.

They also said that before they did re-release. Now it's "Oh we said we wouldn't do it but we did anyway out of greed. But NOW we promise not to do it again". Hmmmm. Good way to kill their own FOMO market if you ask me.

I never bought JP LE for resale value mind you - I just wanted JP. At that time I wanted the HD Glass, better speakers, shaker, and real backglass. The LE was the same price as buying a Premium and then all the extras. Now it's quite different you have to pay for the exclusivity.

 

[Chambahz]

They also said that before they did re-release. Now it's "Oh we said we wouldn't do it but we did anyway out of greed. But NOW we promise not to do it again". Hmmmm. Good way to kill their own FOMO market if you ask me.

I never bought JP LE for resale value mind you - I just wanted JP. At that time I wanted the HD Glass, better speakers, shaker, and real backglass. The LE was the same price as buying a Premium and then all the extras. Now it's quite different you have to pay for the exclusivity.

Yeah I completely agree that LEs don’t seem to be retaining their values because they are not all that limited in number, and buyers don’t really get much more than $2500 in value for the $5000 surcharge.
But as far as not releasing secondary LE versions, Stern has stuck to their word since that statement IIRC.
Long story short, we don’t need Stern to release additional LEs models in order for the resale values to drop. It’s happening on its own!

 

[hey you with the face]

Yeah I completely agree that LEs don’t seem to be retaining their values because they are not all that limited in number, and buyers don’t really get much more than $2500 in value for the $5000 surcharge.
But as far as not releasing secondary LE versions, Stern has stuck to their word since that statement IIRC.
Long story short, we don’t need Stern to release additional LEs models in order for the resale values to drop. It’s happening on its own!

I don't know, feels like Metallica remastered LE is a sneak cash attack at $13k U.S. Which LE would you want? They could have easily made 2 different premiums, have your pick.

 

[kool1]

I don't know, feels like Metallica remastered LE is a sneak cash attack at $13k U.S. Which LE would you want? They could have easily made 2 different premiums, have your pick.

I think we will see other remastered LEs and if they keep them at 500 they have a chance to hold like METr.

John Borg said they spent the same time on the remaster as a regular game so they need to make it worth their while I would think.