Future slot machine auctions poll

Discuss our on-site auctions and other slot machine auctions.

If there was a live slot machine auction...

I might attend as a buyer only
14
52%
I might submit 1 or 2 machines
9
33%
I might submit 3 or 4 machines
3
11%
I might submit 5 or 6 machines
1
4%
I might submit 7 or 8 machines
0
No votes
I might submit 9 or 10 machines
0
No votes
I might submit more than 10 machines
0
No votes
 
Total votes: 27

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coppinpr
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Re: Future slot machine auctions poll

Post by coppinpr »

come on everybody, pitch in , this is clearly a "test the water" thread by BP to see if it "might" be worth putting an event together. you won't get the face to face auction you all say you want if 6 people say they have a machine to sell and 12 people say they might buy it dirtdog
scorpa163
Posts: 56
Joined: Wed Mar 05, 2014 8:32 pm
Location: Halifax

Re: Future slot machine auctions poll

Post by scorpa163 »

I would sell 2 machines. And be a buyer if the right machine was there.
junior
Posts: 177
Joined: Sat Sep 20, 2014 7:33 pm

Re: Future slot machine auctions poll

Post by junior »

Only as a buyer,
brianh
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Re: Future slot machine auctions poll

Post by brianh »

I would probably have 2 decent Allwins to sell and be aiming to bid on a couple of items, either Allwin or Bandit.

My problem though when the Coventry auctions were held was that for family reasons I would never have been able to get the machines to the site early enough on the day of the auction. With EH, Steve was always happy to pick them up in advance which suited me well.

But that's just me - I still much prefer the buzz of live auctions and will not be using the Collector Connector in its present format as my lack of experience on how much to bid leaves me relying on bidding against others in the knowledge that if I won and had to later resell there should be others wanting the machine for similar prices, if that makes sense!
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special when lit
Posts: 353
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Location: Derby

Re: Future slot machine auctions poll

Post by special when lit »

My problem with selling machines at auction is that they're always on a Sunday, which means I've always either been at work the night before, or in the pub. Neither activity makes it easy to get to the venue in time to enter my machines.
aristomatic
Posts: 949
Joined: Thu Sep 10, 2009 8:13 pm

Re: Future slot machine auctions poll

Post by aristomatic »

I've collected other sellers' machines and dropped them off at the same time to the EH to share costs etc. There may be someone/member local who may be able to offer help. There may be a trust issue, but it may resolve the issue in some circumstances. I've collected machines at Derby spares sales from others who have collected machines I've bought from the EH auction prior to Derby.
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geordy55
Posts: 233
Joined: Wed Apr 19, 2017 8:33 am

Re: Future slot machine auctions poll

Post by geordy55 »

Definitely a buyer, never sold a machine at auction but may put a couple in (or an old cash register!)
scorpa163
Posts: 56
Joined: Wed Mar 05, 2014 8:32 pm
Location: Halifax

Re: Future slot machine auctions poll

Post by scorpa163 »

The supply of sellers machines 20 and the sellers and buyers amount to 21!
I would guess that 3 times this quantity would be required to run a viable auction.
I would have thought the appetite to run an auction would have been higher.
Steve at the Elephant house seems to be be going down the “tech” route using you tube , Instagram,etc.
So could we be seeing the end of our old style auctions.
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badpenny
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Re: Future slot machine auctions poll

Post by badpenny »

scorpa163 wrote: Mon Jun 07, 2021 3:59 pm The supply of sellers machines 20 and the sellers and buyers amount to 21!
I would guess that 3 times this quantity would be required to run a viable auction.
I would have thought the appetite to run an auction would have been higher.
Steve at the Elephant house seems to be be going down the “tech” route using you tube , Instagram,etc.
So could we be seeing the end of our old style auctions.
Your enthusiasm is what we need, however your figures are well adrift.
This website has only ever produced a % of the lots and buyers that attend Coventry. I am also petitioning other lists/sources from our records and adding their reactions to the whole.

Putting it simply ........ "I would guess that 3 times this quantity would be required to run a viable auction." Well as you said, it is a guess.
Allowing for promises falling well short, no shows on the day, vendors setting unrealistic reserves, lots being offered nobody wants and not all lots being machines. I'd be looking for a commitment into 3 figures. The last auctions we ran were in excess to 200 lots with machines taking up half to two thirds.
And buyers well exceeding vendors.
Your 3 times "this quantity" would certainly go a way to paying the fixed overheads, but probably not my petrol.

Every year has been different in this game, and I certainly never expected anything different following Covid. We've seen auctions where 60 Allwins have been up against half a dozen bandits and the next year the figures reversed. Then we've had a dozen floor mounted arcade games one year and not seen one again for 5 years.
The last 18 months have convinced me the market at the moment is buying and not selling. Without a good balance it won't work. The buying side has always been heavier and often we have depended upon somebody selling up. That's not happening this year.
I'll give it another week or so then draw a line under it, for now if necessary.
I've been involved in organising these kind of events as well as open sales days since the 1990s. Once the market mix is right and the venue is a good one, situated in the right place etc. the coming together of slotties and the opportunity to play in advance of bidding will always be favourite over screwing up your eyes at a photo/driving miles just to look/trying to renegotiate when you realise weaselly pictures hide things.

My current concern is another shut down, the new cases are exceeding this time last year. a fortnight ago the daily figures Leicester/Bradford and Southall were increasing exponentially. Now we've got our Portuguese holiday makers being forced home. Have we really got the hang of this yet?

BP !!SUICIDAL!!
scorpa163
Posts: 56
Joined: Wed Mar 05, 2014 8:32 pm
Location: Halifax

Re: Future slot machine auctions poll

Post by scorpa163 »

BP . I was trying to get more interest in future auctions. But this topic has dried up, people must be happy with eBay and Steve’s new ideas.
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