Captain's Auction Warehouse Points to Pinball as Investment in Fun and Finances America's Last Affordable Collectible Appreciating Over 117% Annually
ANAHEIM, Calif., June 14, 2013 /PRNewswire/ -- To most people today, pinball machines evoke fond memories from the 70's and 80's. But according to Captain's Auction Warehouse pinball machines can serve as a hedge fund against inflation.
Pinball machine purchases provide a 30% to 150% return rate annually, based on sales data derived from amusement auction companies, eBay and Craigslist advertised prices vs. last year. And there are clear reasons for the staggering return rate.
First, older coin-operated arcade games and pinballs are increasingly sought by collectors and those who want to share nostalgia from the arcade heyday with their children. Investing in pinball machines is a great way for the younger generation to enjoy what mom and dad did when they were growing up.
Also, most of the older coin-operated equipment has been destroyed. The combination of increased demand and limited supply is a market-tested formula for amazing appreciation rates on these vintage machines.
Captain's Auction Warehouse, an Anaheim, California-based company, helps arcade enthusiasts and savvy investors alike purchase their dream pinball machines via auction. The company's unique business model consists of live auctions conducted every six weeks from their headquarters.
But potential bidders need not be on-site in order to participate. Captain's Auction Warehouse accommodates bidders around the world through their live online auctions, conducted simultaneously with those on-site.
The highest online bidders are the lucky new owners of their very own pinball machines. Winners include old favorites such as Addams' Family Pinball, Centipede or Ms. Pac-Man. Captain's will even arrange shipping to winners' homes or businesses faster than a Ms. Pac-Man chases a ghost.
"I have created a business centered around fun and the machines are rapidly appreciating which clearly shows that many people love to own their own arcade games," says Chris Campbell, CEO. "Many remember just how many quarters they used to plunk into the machines when they were growing up so it's a major bonus to now own one and be able to set it on Free Play!"
In spite of the amazing appreciation rates on pinball machines, this hobby and collectible opportunity is still affordable to most people. According to Captain's Auction Warehouse, it's not unusual to be able to own and enjoy your own commercial coin-operated machine for just a few hundred dollars.
When asked if pinball can be an investment, CEO Chris Campbell states, "Absolutely…At least that's a good excuse for those trying to justify their new Pac-Man machine to their significant other."
Details for the Next Bid from Captain's Auction Warehouse
When: Saturday, June 22, 2013
Live Bidding: 4421 E. La Palma Ave., Anaheim, CA 92807
Online Bidding: BidSpotter.com Event # 20993
Time: 11:00 AM PST
About Captain's Auction Warehouse
Founded in 1999, Captain's Auction Warehouse conducts live and online simultaneous auctions exclusively for coin-operated amusement equipment. Captain's also provides specialized freight forwarding services worldwide for coin-operated treasures. They have shipped to over 30 countries and all 50 states.
Contact: Chris Campbell
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SOURCE Captain's Auction Warehouse