# Is The Pinball Market Crashing? | TMPM Feb 2025

**Source:** LoserKid Pinball Podcast  
**Type:** podcast_episode  
**Published:** 2025-01-25  
**Duration:** 14m 42s  
**Beat:** Pinball

**URL:** https://zencastr.com/z/h1-jXGAK

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## Analysis

LoserKid A Pinball Podcast analyzes whether the pinball market is crashing using pricing data from Pinside and pinballprices.com. The host concludes the market is experiencing a correction (8-10% decline in some segments) rather than a crash, with most machine categories still up 30-70% over five years. Williams games show mixed performance, while Data East machines have universally appreciated.

### Key Claims

- [HIGH] EMs (1950s-60s machines) are up 32% over last year and 69% over five years — _Host citing Ted Finley's pinballprices.com data_
- [HIGH] LCDs (JJP, Spike 2 era machines) are down 10% over last year but up 24% over five years — _Host citing pinballprices.com pricing data from Ted Finley_
- [HIGH] Champion Pub increased 54% over five years (from $5,200 to $8,000) and is the most valuable Williams machine over that period — _Host presenting compiled Williams pricing analysis_
- [HIGH] Cactus Canyon (original, not remake) is down 5% year-over-year and down 6% over five years — _Host citing Williams pricing breakdown_
- [MEDIUM] Data East produced only 17 machines before selling out to Sega or Capcom — _Host stating as fact but noting uncertainty ('Someone's going to correct me')_
- [HIGH] All Data East machines have increased in value over the last five years; worst performers are Batman (down 25% last year) and Star Trek (down 20% last year) — _Host presenting Data East pricing data analysis_
- [HIGH] A 10% market dip is classified as a market correction, not a crash (which typically requires 20%+ decline) — _Host using stock market definitions for market movements_
- [HIGH] Modern DMD machines (post-2000 Stern) are down 8% over last year but up 42% from COVID levels (pre-COVID baseline) — _Host citing pinballprices.com categorized data_

### Notable Quotes

> "Is the pinball market crashing? By definition, when a market is crashing, it means it is a sudden dip in a sudden and just explosive dip or shoot up, right? Well, crash would be crash would be dip."
> — **LoserKid Pinball Podcast**, ~06:45
> _Sets the analytical framework for the episode's central question_

> "So when we're in that 10% range, we start in double digit numbers. It's called a market correction, not a market crash. So right now we're seeing a market correction from where the COVID numbers were."
> — **LoserKid Pinball Podcast**, ~09:20
> _Concluding thesis: market is correcting, not crashing_

> "The thing about the market is if they're selling too low, people just hold onto them. So it's hard to say like the market is crashing because people don't have to sell these games. They can just leave them in their collection."
> — **LoserKid Pinball Podcast**, ~11:30
> _Key insight into market dynamics and collector behavior during downturns_

> "I went through these numbers I was a little thrown off because I assumed it Medieval Madness for Mars. Those don't even hit like my top 10."
> — **LoserKid Pinball Podcast**, ~12:00
> _Reveals surprising Bally Williams pricing patterns contradicting assumed value hierarchy_

> "Champion Pub... 5200 before covid it eight grand right now. Eight percent over last year so it hasn taken a hit. It [is] one of the only ones that hasn taken a hit over the last year."
> — **LoserKid Pinball Podcast**, ~21:15
> _Unexpected top performer among Bally Williams machines; qualifies as surprising market insight_

> "Williams is where it's at. If you're looking for games that will increase over time, but you still have some fun with them, these are the games you're looking for."
> — **LoserKid Pinball Podcast**, ~22:30
> _Market recommendation for collectors seeking value and enjoyment_

> "Every single Data East has went up. And the worst negative right now is Batman... it kind of lost some value last year uh negative 25."
> — **LoserKid Pinball Podcast**, ~27:00
> _Highlights Data East as universally appreciating category except select outliers_

### Entities

| Name | Type | Context |
|------|------|---------|
| Ted Finley | person | Founder/operator of pinballprices.com; provided pricing data used for analysis |
| Glenn Waechter | person | Created intro song for the episode |
| Zach and Nicole Meany | person | Supporters of LoserKid Pinball via Flipping Out sponsorship |
| LoserKid Pinball | organization | Podcast covering pinball market trends and industry analysis |
| Pinball Prices | product | Pinball pricing database aggregating Pinside, eBay, and auction data |
| Pinside | product | Pinball community platform that records sales data and uses it for market trending algorithms |
| Silver Ball Swag | company | Merchandise partner offering apparel and accessories |
| Funhouse | game | Alpha numeric Bally Williams machine used as example of market data tracking challenges; 50 units listed in 2024 |
| Aerosmith (Premium) | game | Spike 2 machine; MSRP $7,900; now valued ~$14,000+ (80%+ appreciation over 5 years) |
| Cactus Canyon | game | Original (not remake) Bally Williams; down 5% YoY, down 6% over 5 years; noted as 'beta game' with incomplete code |
| Doctor Who | game | Bally Williams machine; down 11% YoY, up 18% over 5 years |
| No Good Gofers | game | Bally Williams; down 7% YoY, up 19% over 5 years |
| Getaway | game | Bally Williams; up 2% YoY, up 57% over 5 years; appreciated from ~$3,000 to $4,700 |
| World Cup Soccer | game | Bally Williams; up 4% YoY, up 61% over 5 years; appreciated from $3,100 to $5,000 |
| Congo | game | Bally Williams; 0% YoY change, up 30% over 5 years; stable at $5,000-$6,500 |
| NBA Fastbreak | game | Bally Williams; down 2% YoY, up 61% over 5 years; appreciated from $2,800 to $4,500 |
| Cirqus Voltaire | game | Bally Williams; 0% YoY change, up 53% over 5 years; appreciated from $7,200 (end 2019) to $11,000 |
| Champion Pub | game | Bally Williams; down 8% YoY, up 54% over 5 years; appreciated from $5,200 to $8,000; identified as most valuable Bally Williams over 5-year period |
| TMNT | game | Data East; second DMD game ever made by Data East; 0% YoY change, up 55% over 5 years; appreciated from $2,000 to $3,100 |
| Royal Rumble WWF | game | Data East; up 8% YoY, up 46% over 5 years; appreciated from $2,800 to high twos/low threes range |
| Lethal Weapon 3 | game | Data East; down 3% YoY, up 45% over 5 years; appreciated from $2,000 to $2,900 |
| Hook | game | Data East; down 3% YoY, up 45% over 5 years; appreciated from $2,200 to $3,200 |
| Batman | game | Data East; down 25% YoY; identified as weak performer; host recommends avoiding |
| Star Trek | game | Data East; down 20% YoY; identified as weak performer; host recommends avoiding |

### Signals

- **[market_signal]** Comprehensive pricing analysis across machine eras using Pinside and pinballprices.com data showing EMs +32% YoY/+69% 5yr, Early Solid State +18% YoY/+68% 5yr, Modern DMD -8% YoY/+42% vs COVID (confidence: high) — Host presents detailed year-over-year and five-year percentage changes for all machine categories derived from pinballprices.com
- **[market_signal]** Market experiencing correction (8-10% decline in some segments) rather than crash; most categories remain significantly up from pre-COVID baseline (confidence: high) — Host explicitly defines crash vs. correction using stock market standards (20%+ = crash, <10% = correction) and applies this framework to conclude market is correcting
- **[collector_signal]** Bally Williams games identified as optimal entry point for hobby collectors seeking value appreciation; prices range $2,500-$10,000 with 38% appreciation over 5 years (confidence: high) — Host recommends Bally Williams as 'great value games' for collectors wanting appreciation while maintaining playability
- **[market_signal]** LCD-era machines (JJP, Spike 2) showing weakness with -10% YoY decline, representing only category in double-digit negative territory over past year (confidence: high) — Host isolates LCDs as -10% YoY while +24% over 5 years, suggesting peak pricing and market saturation
- **[market_signal]** Funhouse example reveals significant market opacity: of 50 listed units in 2024, 16 avoided Pinside fees via Facebook/local sales, 13 kept prices private, only 3 publicly visible; ~21 didn't sell (confidence: high) — Host details Funhouse listing breakdown showing how Pinside data represents only fraction of actual market transactions
- **[product_concern]** Cactus Canyon original criticized as 'beta game' with incomplete code; remake has superior features (bells and whistles) making original version undervalued (confidence: high) — Host states 'Cactus Canyon, you're really buying a beta game, right? The code wasn't done' explaining -5% YoY performance
- **[market_signal]** Champion Pub identified as most valuable Bally Williams machine over 5-year period (+54%, $5,200→$8,000), contradicting community assumptions that Medieval Madness or Attack from Mars would lead (confidence: high) — Host expresses surprise that Champion Pub emerged as top performer after analyzing 47 Bally Williams machines
- **[collector_signal]** Market structure enables collectors to hold machines rather than sell at depressed prices; absence of forced liquidation limiting downside pressure (confidence: medium) — Host notes 'people don't have to sell these games. They can just leave them in their collection' if not achieving desired value
- **[market_signal]** Data East machines universally appreciated over 5 years except Batman (-25% YoY) and Star Trek (-20% YoY); host explicitly recommends avoiding these two (confidence: high) — Host concludes 'Every single Data East has went up' then identifies Batman and Star Trek as exceptions with significant recent declines
- **[content_signal]** LoserKid Pinball expanding market analysis coverage with multi-source data integration and planned special episode for breathing room (confidence: high) — Host mentions early episode release to accommodate special episode in same week; credits Ted Finley for data access

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## Transcript

 Is the pinball market crashing? We hope to answer that today, along with, we've got percentages from the last year, the last five years, Bally Williams numbers, and Data East numbers. And on top of that, it's going to shock you which one is performing the best out of those Bally Williams numbers. All that's coming up. This is this month's pinball market. First off, that intro song. Thank you, Glenn Glenn Waechter. That was amazing. You know, he called me up. He said, I've got this idea for an intro song. I love the segment. I said, go for it. Two days later, sent that over. Holy crap. I want to get thanks to Zach and Nicole many at flipping out for supporting our content and making Loser Kid possible. Also, if you like my Loser Kid Attacks t-shirt, silverballswag.com slash loserkid. You're looking for kicks, looking for pants. We will dress you from head to toe with hats, shoes, everything in the middle. So go check us out at Silver Ball Swag. All right, I got my notes here. First thing I want to do is a correction from last month. Last month, we were talking about Spike 2 numbers, and I talked about Aerosmith Premium. The numbers that I said on there were correct, except for the Aerosmith released at MSRP of 6,500. The way that I do this is I've been going through, I'm trying to simplify my process so that way I don't get mixed up like I did this last episode. But I accidentally put the five year number instead of the MSRP. The actual MSRP on that game was 7,900. So that's where I came up with the 52%. People were saying 6,500 and it's 12,000 now. That's more like 80% increase. And yes, you're right. So if you bought it five years ago and you have it to today, Dave, that Aerosmith premium, you've gained 80 plus percent on that game. Second, I want to talk about these numbers for a minute because people have a question. Where are these numbers coming from? How do they work? I get these from Pinside and I also get them from pinballprices.com. I want to give a quick thanks to Ted Finley. After we heard this segment, he's like, dude, I'll give you whatever you need. He sent over a list of stuff. There's a treasure trove of information here. I'm splitting these in two different ways because Pinside solely records Pinside numbers. Pinside has cells that go on. They record those numbers, whether it's public or private. They don't share those private numbers, but they do use it for that algorithm data to show where the pinball market is trending for a particular machine. When it comes to Ted Fiddling and his wonderful page, pinballprices.com, he is taking anything from auctions, from eBay. He's taking all those numbers on top of the Pinside numbers. And so he's giving a little more of an idea of what's going on with the market overall. the interesting part about this it doesn't really tell you condition right like you might get a trash game on auction or via ebay versus a pristine one on pin side and maybe vice versa on that one so it's kind of hard to track those numbers another interesting part too is let's talk about funhouse for a second because this is gives a good example of how hard these numbers are to track down 50 funhouses were listed last year in 2024 of those 50 16 didn't sell to pinsiders which means They actually didn't, they sold it via Facebook. They sold it via a local market and, or they just didn't want to pay the fee for selling that game. If you've never sold anything via Pinsight, every time you sell something, it is a tiered, like medieval madness is like 80 bucks for selling that game. Something like that. That helps to go promote keep Pinsight alive and support their community And sometimes people try to circumvent that Okay so 16 didn sell to Pinsire 13 sold but keeping their price private So we at 29 The other, okay, so three actually sold and let us know what the price was. That is public. You can find it on Pinside. But if you look on Pinside, it shows more than three games sold for last year. So like I said, those private numbers are used in the data. If you go check their track chart, but it's not publicly known. So it gives you an idea of where the market's going. And the other roughly what, 2021, didn't sell at all. So the real question is, I asked at the beginning of this episode, is the pinball market crashing? By definition, when a market is crashing, it means it is a sudden dip in a sudden and just explosive dip or shoot up, right? Well, crash would be crash would be dip. So looking at these numbers, if we went via the stock market numbers, they consider crash pretty much above a 20% dip. They actually have things set in place. So when it dips below like seven or 9% in a day, the market just stops and you're not allowed to buy those stocks and it helps kind of put the brakes on the scared selling. Let's go over Ted Finley's numbers. I feel like they give us a great idea. Is the pinball market crashing? Okay, let's go with EMs. So Ted is great on, if you've ever been to his website, he does it based almost off of decades. So we're 50s, 60s, 70s, 80s, 90s up to today, right? So EMs are those 50s, 60s, right? Last year alone, EMs went up 32%. And from five years, so we're going pre-COVID numbers, It's went up 69%. So if you own an EM today, you're more than likely making money on that EM if you decide to sell it. Early solid state, these are your sterns, your stern electronics. So like stars, meteor, black night, stuff like that. Last year alone, 18% increase. Five year, 68% increase. You're still making money on those solid state games. Alpha numeric. So these are like these late 80s, early 90s. a good one to think of is fun house that was an alpha numeric so thinking of that and these don't include so the remake numbers don't include into these numbers right here so alpha numeric we flatlined zero percent increase over the year but a 33 increase over five years golden age dmd we're talking bally williams we're talking about those those 90s that everyone's want like the adams family it's the medieval madness is the attack from mars not the remakes golden age up 3% and over the five year 54% modern DMD. So this is your, this is your stern pretty much turns after two thousands. Modern DMDs are down 8%, but overall from COVID they're up 42%. And last but not least LCDs, the ones that everyone's craving, everyone wants the JJPs, the spike twos. They are down 10% over the last year and up 24% over the last five years. So when we're in that 10% range, we start in double digit numbers. It's called a market correction, not a market crash. So right now we're seeing a market correction from where the COVID numbers were. Pre-COVID, we're still up. So these numbers are still solid. You're still good. Your market's still trending up, but we're seeing some fluctuation because of the economy and whatnot. Okay. let get to the ones I think you excited for Let talk Bally Williams first I went through these numbers I was a little thrown off because I assumed it Medieval Madness It Attack for Mars. Those don't even hit like my top 10. So let's go with the worst ones. Ready for this? This game is one you don't want to buy right now. Cactus Canyon, just the original, which makes sense because the remake has added code. It does a lot different. It's got the bells and the whistles where Cactus Canyon, you're really buying a beta game, right? The code wasn't done. And so over the last year, it's down 5%. Over the last five years, it's down 6%. We're really not talking terrible, right? It's funny because that's the worst one out of the list. Next up, it would be Doctor Who. So Doctor Who itself is down 11% over last year. And for the five year, we're up 18%. So this still tells me we're kind of bouncing out, right? These games are starting to find the ceiling of what they're worth. They're still up from pre-COVID, which pre-COVID, we still had a lot of people interested in pinball. We still had people buying pinball. The thing about the market is if they're selling too low, people just hold onto them. So it's hard to say like the market is crashing because people don't have to sell these games. They can just leave them in their collection. If they're not getting the value they want out of it. So Doctor Who. And the third, so the third worst is no good golfers down 7% from last year, but we're still up 19% from the last five years. I actually went in and did the top five and these are going to be in no particular order. I'm just going to go by year because there's 47 machines in here and it's hard. So get away. 2% up over last year, 57% over five years. This game was originally worth three grand before COVID. Now we're almost hovering around five grand. It's 4,700. World Cup soccer, one of my favorites. I got it over my shoulder right here. We're at 4% over last year and up 61% over the last five years. 3,100 five years ago. and right now uh five grand for that game so sorry 3100 from five years ago five grand i don't want to mess up on these numbers because you guys hold me to them okay congo this one's not kind of a shocker right uh five grand five years ago 6500 now there's a zero percent increase over last year 30 up over the five years this one took me off guard pun intended nba fast break it was worth 2,800 five years ago. Right now worth 4,500. It's down 2% from last year, but still up 61% from five years ago. Not a shocker. Everyone's talking about this game should be remade. This should be on Pangeretti's next list. Circus Voltaire. 2020, or the end of 2019, we were looking at 7,200. Right now it's worth 11 grand. 0% over the last year, but still up 53%. percent and the last one this one i was not expecting this one's out of left field for me i just yeah when i asked i asked multiple people what's the top what's the top valuable uh pinball machine over the last five years no one guessed this you ready for it champion pub 5200 before covid it eight grand right now eight percent over last year so it hasn taken a hit it one of the only ones that hasn taken a hit over the last year And over the last five years we up 54 overall bally williams are down five percent from last year but all together up 38 so these are great games they've there's some that range as low as 2,500 bucks there's some that go all the way up to 10 grand uh these are great i know one thing that was said on the episode last uh last month was as people wanted to know good value games because they're trying to get into the hobby and they want to buy these games, Valley Williams is where it's at. If you're looking for games that will increase over time, but you still have some fun with them, these are the games you're looking for. Okay, Data East. Data East's list was surprisingly short because they only made 17 of them before they sold out to Sega or Capcom. Someone's going to correct me. You do your work. All right. Number three. So tied for third for most valuable, uh, dating East really can't lethal weapon three and hook. They both dropped 3% over last year and they've both increased 45% over the last five years. Both games were worth 2,000 and 2,200. So hook was 2,200 lethal weapon, uh, 2,000. That was five years ago. Now 3,200 and 2,900 lethal weapon, 29 hook 32, uh, Second place, Royal Rumble WWF, 2,805 years ago. It is up 46% from pre-COVID. And last year it's up 8%. These games were high twos, lows threes. I know that the games behind me, the modern, a lot of people complain when they're trying to get in the hobby. These games are just too expensive. These are great games you can buy. Enjoy the hobby. and moving on to a better game and you're not losing value or you're gaining value over the life of the unit. So, okay, last one. Kind of shocked me. You ready for this? TMNT. I'm not gonna lie. This is the first game I ever owned. The code is not great considering this was the second DMD game ever made because Data East started with Checkpoint and five years ago was worth two grand. Right now, 3,100. It did not gain anything over the last year, but 55% increase over. Overall, last year, we're down 4%, but we're still up 34% overall on the value of Data East. So those are some games. Honestly, looking at the five years, none of them have went down. Every single Data East has went up. And the worst negative right now is Batman. it kind of lost some value last year uh negative 25 so stay away from batman stay away from star trek it went down 20 last year and uh and maverick down seven percent but really you're two that are really tanking right now star trek and batman i just want to give a quick shout out say thank you everyone that is supporting uh if you want to check out more of our content we're at youtube at Loser Kid Pinball. The other thing is, I know I'm dropping this a couple days early. The reason being is we have a special episode planned this week and I didn't want to drop that episode and then drop this episode. So I want to give some breathing space to this. If you have any questions for us, we are Loser Kid Pinball Podcast at gmail.com or hit us up on all the socials at Loser Kid Pinball. Thanks for tuning in. you

_(Acquisition: groq_whisper, Enrichment: v3)_

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*Exported from Journalist Tool on 2026-08-04 | Item ID: 5e2ef0bd-e5c8-47ce-99d2-ede5d0e93543*