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Excitement, butthurt in wake of Medieval Remake Announcement

October 18, 2013

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Today at Pinball Expo in Chicago, Planetary Pinball announced they will produce 1000 remakes of the extremely popular Medieval Madness Pinball Machine at around $8000 each.  Medieval Madness is often considered by collectors as the ‘holy grail’ pinball game to own, and prices within the last year for nice examples commanded $14000 or more.

When the question of whether or not any pinball game is worth north of ten grand comes up, inevitably the responses include a “Yes!  It’s that good” as a refute to the possibility there may be a bit of irrational exuberance, and it’s ugly brother ‘speculation’, behind the game’s recent skyrocketing price trend.  Many claim they don’t care what the price does.  “I don’t care how high or low the price goes.  I’ll never sell it.  It’s a keeper for sure!”
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With the proposition of buying a brand new Medieval Madness for $8000, will collectors insist on an original William’s-built Medieval Madness, and the associated maintenance and wear of a game that is over fifteen years-old?  Or will they opt for the New-in-box experience with a warranty, all new everything, zero cabinet fade and possibly some improvements?  And if the market prefers the latter, what will happen to the value of the original games?

User PinMeister on Pinside.com does not seem optimistic:

“I just sent the following to my distributor:

Please cancel my STLE order.

With all that is going on with classic and valuable games being re-released, I have decided to keep my collection in its present state and make no further game purchases for the foreseeable future. It is possible that I may liquidate my collection before AFM, MB, and CC are re-released, destroying their value. It is only a matter of time that Stern begins releasing an LE2 version of its more popular LE games destroying any potential for appreciation. Due to the greed of the powers that be (Planetary Pinball), who have decided to destroy the value of my classic games, I can no longer support the hobby. Perhaps it is time for pinball to finally die.”

Clearly a case of Medieval Sadness for Mr. PinMeister.

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And yet, I think after the run is sold, and assuming they don’t continue to produce the game thereafter, the continued increase in pinball’s popularity will slowly pull this title back into five-figure territory within a couple years.

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4 Comments leave one →
  1. Bob Bach permalink
    December 17, 2014 10:35 pm

    PP isn’t destroying pinball. They are helping keep it alive. Talk about greedy people. Listen to babies complain about the depreciation of their games. Who’s the greedy ones????

  2. Nicholas permalink
    February 11, 2014 10:23 am

    I agree Planetary is going to put the nail in the coffin.I own mm, afm , cc, w-ij I will not spend a Penney on my pins anymore. They will lose all high end collectors WHO WERE KEEPING PINBALL ALIVE like myself.I am loosing money and it’s pp doing.PLANETARY THAKS FOR KILLING WHAT WAS LEFT OF PINBALL

  3. Mike permalink
    January 21, 2014 1:44 pm

    That’s so true. I’m glad that the greedy people who buy a pinball for 3-5k, do a little restoration to it and sell it for 10k plus will be out of business soon. Pinball is a hobby- if you think its ok to sell something for 200% more than it should ever be worth, I’m glad you’re fun in the sun is almost over! I commend planetary pinball for pricing the game accordingly and bringing MM back to the masses!

  4. Ken White permalink
    November 6, 2013 9:18 pm

    My father and I have been collecting pinballs for years .I’m happy to say we ordered a MM remake .Its the only way we were ever going to own one without selling off a handful of games. Not to long ago pinball was almost done ! If your a true pinball player and collector these are great times for pinball.The more competition the better ! Maybe Stern can bring there quality up !

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