This was from a friend who is keeping track of the games being sold. They are about one third the way through the collection after a full weekend of auction sales.
If I sold my collection at the prices this auction is bringing I could probably bring in close to half a million in hammer price for the 100 some odd pins and 20 some odd EM arcade games. Lots of rare stuff in my collection after 12 years of collecting. Most of the collectors I know are amazed at the insane prices these games are bringing at auction. Lots of people with tons of money wanting trophy games and don’t mind dropping double or more what they generally sell for. Many are likely headed to Germany, Spain, Australia and a few other European countries that import large numbers of classic games and jukeboxes.
Here’s what we have so far through day 2 - after 600 games sold:
Average hammer price per game: $3,999.08
Average price with all fees: $5,084.63 (+18% buyers premium, 7.75% sales tax)
Total hammer price after 600 games: $2,399,450.00
Total buyer’s premium after 600 games: $491,901.00
Total sales tax after 600 games: $219,429.70
I assume very few buyers have a tax exempt certificate at the prices they’re paying, not much room for resale.
Total paid for first 600 games: $3,050,780.70
This is based on assuming that sales tax would also apply to the buyer’s premium.