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Topic: Are Tenyo prices falling?
Message: Posted by: edshern (Jan 17, 2017 06:27PM)
I don't keep a close eye on Tenyo prices because I have no intention of selling my collection.
But, is It my imagination or have the prices for Tenyo in the after market been falling?
Message: Posted by: johnsigna (Jan 17, 2017 08:21PM)
Yes. There is a definite cooling of the market.
Message: Posted by: Richard Kaufman (Jan 17, 2017 08:49PM)
They've been falling for over two years. Most collectors have all the items they want at the price they're willing to pay.
Message: Posted by: Killertweety (Jan 18, 2017 01:11AM)
I keep track of items that sell on Ebay and generally prices have dropped around 40 - 50% when on auction, the truly very hard to find items which you almost never see kept there value more or less, but even then, the days of a BNIP Ultra Tube selling for +500 USD are behind us for sure.
Good example was a recently sold Dyeing Paper for 10 USD!
Message: Posted by: Richard Kaufman (Jan 18, 2017 11:57AM)
The good days when an Ultra Tube sealed on the card sold for $1500 on eBay.
Message: Posted by: edshern (Jan 18, 2017 01:07PM)
[quote]On Jan 18, 2017, Richard Kaufman wrote:
The good days when an Ultra Tube sealed on the card sold for $1500 on eBay. [/quote]

Well, on the bright side, that wasn't me that bought it!
On the downside, it wasn't me that sold it!
Message: Posted by: pierredan (Jan 18, 2017 03:40PM)
Interestingly, the significant increase in Tenyo prices coincided (or arguably overlapped in time) with the Richard's announcement of upcoming Tenyo books. The same can be said for the significant cooling and normalization in Tenyo prices after the release of Richard's books.

I believe, in part, that many Tenyo collectors were satisfied with the beautiful images and descriptions found in these wonderful tomes that it met to some extent their compulsion to get them all (with the accompanying highs and lows once you learn the secret... Ultra Tube is not worth $500, come on).

From my perspective, I know I overspent on quite a few of them when the Canadian dollar was close to par with the US dollar. With the current exchange rate and outrageous shipping costs I cannot imagine ever paying those prices again or even one day getting a return on investment. On the positive side, I do have a very nice collection and have no intention to sell :)
Message: Posted by: Richard Kaufman (Jan 19, 2017 01:03PM)
Prices started falling almost a year before Tenyoism came out.
Message: Posted by: J M Talbot (Jan 19, 2017 02:40PM)
Things go in cycles. I built the majority of my collection in 2012 area. The Tenyo forum was very active then and many of us were actively building collections then as well. I have all but a handfull of the most rare items and not really interested in paying large prices for them. A few items I paid high prices for but also found many deals so in the end it worked out. Although I am not actively buying now, ironically it seems like there is more items that come up for sale then when I was actively searching. This is also causing pricing to moderate I am sure.

For me it was the thrill of the hunt.
Message: Posted by: Daisydog (Jan 21, 2017 06:43PM)
I would imagine that quite a few of us are in our late 40's to early 50's. We got into magic from 1974 onwards and bought the early Tenyo with our pocket money. As time went by, we kept some Tenyo and lost some tricks along the way . Then later on with eBay etc discovered the wonder of seeing our first tricks still available, so with more "pocket money" now available, a latent hobby sparked into life and the collecting began again. We are at a phase where most of us probably have bought and traded and ended up with a nice wee collection stashed under the bed. Hence a quiet period of trading which will drop the price. The heady days of 500 pounds for a Billscape etc. are now over as the real enthusiasts probably own everything that they want.
Message: Posted by: Richard Kaufman (Jan 21, 2017 08:01PM)
Agreed.
Message: Posted by: pierredan (Jan 22, 2017 12:00PM)
Daisydod, I agree with your observation, however I am surprised there are no new collectors from that 40-50 something subset you mention. Especially since the higher profile given to Tenyo since the publication of Richard's tomes. I'm sure many expected price to keep rising...
Message: Posted by: edshern (Jan 22, 2017 12:12PM)
[quote]On Jan 22, 2017, pierredan wrote:
Daisydod, I agree with your observation, however I am surprised there are no new collectors from that 40-50 something subset you mention. Especially since the higher profile given to Tenyo since the publication of Richard's tomes. I'm sure many expected price to keep rising... [/quote]

I thought the same thing.
Message: Posted by: Richard Kaufman (Jan 23, 2017 10:01AM)
Yes, I also thought the publication of the book would give a lift to prices. Since it did not, however, we can only assume that most people who are interested already have the older items they want.
Message: Posted by: edshern (Jan 24, 2017 09:29AM)
It will be interesting to see what the next generation thinks about magic & magic collection.
Or, Is it just those of us who have a connection to the "houdini era' through our parents.
My kids grew up on pretty sophisticated magic, ala Copperfield, Blane, P&T et al.
And let's not forget the on-line impact on magic for those interested..
Or, is the next generation so sophisticated that 'our' magic is just ho hum for them and they will be collecting old computers.
Message: Posted by: pierredan (Jan 24, 2017 03:20PM)
I think the next generation will be less inclined to collect our "crap" and will focus on what had meaning for them. From what I notice from my kids, but mostly my friends older kids, is they focus more on the digital and intangible things and have less attachment to "toys".

I have about 6000 comic books and no kid caring to read them. Then again, for $60/year they can read all of the Marvel Comics on Marvel Unlimited (kind of like Netflix) which I spent years and 10,000$+ collecting. Same can be said for sports cards. Pretty sure the same will apply to my magic library and 30 year + run of Genii Magazine which one can now own on a memory stick.

As for Tenyo, I am not sure many youths will grow up to see value in a $500 Ultra Tube.
Message: Posted by: Nicolino (Jan 24, 2017 03:26PM)
[quote]On Jan 23, 2017, Richard Kaufman wrote:
Yes, I also thought the publication of the book would give a lift to prices. Since it did not, however, we can only assume that most people who are interested already have the older items they want. [/quote]
Personally, I don't have ALL the items that I'm interested in but I grew tired of the hunt (and some disappointing seller experiences as well) and so I got lazy. Maybe now is a better time to continue the completion...
Message: Posted by: Inert (Jan 25, 2017 10:53AM)
Excellent subject post & discussion Lads. Numerous aspects are involved. Highly debatable too. Like the old days round here, which we all seem to miss greatly. Kudos all.
Message: Posted by: Nicolino (Jan 25, 2017 11:11AM)
Yeah, I didn't dare to say so...but you're actually spot on: it was also the good ole guys here that made lurking around here so great.
Message: Posted by: J M Talbot (Jan 26, 2017 10:10AM)
Maybe time for a reunion....
Message: Posted by: Nicolino (Jan 26, 2017 04:12PM)
I'm in!
Message: Posted by: bigjay1974 (Feb 1, 2017 09:01AM)
Has anyone actually done a full list of every tenyo price? I know there was a website that showed aprox prices but it has vanished
Message: Posted by: Richard Kaufman (Feb 1, 2017 05:32PM)
Rather than a full list, it would be easier to list the few things that still sell for over $60.
Message: Posted by: ThunderSqueak (Feb 8, 2017 09:17PM)
[quote]On Jan 24, 2017, edshern wrote:
.....
Or, is the next generation so sophisticated that 'our' magic is just ho hum for them and they will be collecting old computers. [/quote]


<.<;;

[img]https://pbs.twimg.com/media/CVvCyspVEAEeU_P.jpg[/img]
Message: Posted by: Nicolino (Feb 9, 2017 03:49AM)
Since we recognize some 'old fashioned gaming stuff' (=board games like Kingsburg, Dominion and Munchkin) in the picture as well there's still hope. :angel:
Message: Posted by: Inert (Feb 9, 2017 08:31AM)
The word on the street is Colonel Mustard did it. :cheers:
Message: Posted by: ThunderSqueak (Feb 9, 2017 11:44AM)
The thing about collecting video games and computers, both of which I do, is that there are several stages...

Stage 1: The technology is new and relevant in the market place. It generally demands full price and it may or not be popular. If it is popular, then many units are sold.

Stage 2: This happens after about 6 months to a year after the technology was first introduced and lasts for about 10 years. The technology becomes garbage, you cannot give it away since there is a new widget that does the exact same thing but has a shinier chrome button and racing stripes. Many of the units of technology from stage 1 end up in the trash and in second hand stores. Having a friend see you even owning one of these will get you shamed and called a Luddite.

Stage 3: 10 years have passed and now people are nostalgic for the tech. If it was popular, the price will generally be low and you will be able to find the occasional unit still in 2nd hand shops. If the item was not popular it will demand a premium price, maybe up to 1000% or more of what it retailed for when new. People will fight on auction sites over it, and owning one will be a mark of prestige among the community.

Stage 4: Everyone who was nostalgic about it will have one, a few will remain in collections and a few will be sold off after significant others realize just how much their loved one spent on the obsolete/old technology. The rose colored glasses of nostalgia will fade away eventually and people get bored with their acquisition. They will begin looking for the next great thing to collect.

Stage 5: Since everyone is done reliving an experience, they try to sell it only to find out that everyone else did the same thing. Prices drop. Only those who had a true love of the device will keep theirs, others will end up in the trash during a spring cleaning session when people think "why did I buy this?"

I imagine it is like that for most collections <.<;;

Also, I work in technology, I am an Electrical Engineer. Oddly enough instead of playing video games, many of my friends who also work in the same field gather together and play non computer/tech games. We often find the strangest games one could imagine such as "Cards against Humanity" or "Cosmic Encounter" or even D&D. I do have to admit, we played clue about 2 months ago, it was a fun trip down memory lane. :)
Message: Posted by: Killertweety (Feb 10, 2017 04:10AM)
This has got to be one of the best descriptions of the stages some/most collectible items go through - thanks for sharing that ThunderSqueak :)

If it were applicable for Tenyo (which I believe it is actually) I think we (or at least I) are (am) in the third phase. I'm happy with my Tenyo collection as it is and have acquired every trick I wanted to have. However everytime I look at my collection I wonder how many and which effects I actually USE/PERFORM, suddenly realizing: not many!

My interest now has moved to other collectible/'intelligent' magic apparatus, so chances are I might sell at least a part of my collection in the future to gather the necessary funds :)
Too bad I 'waited' for stage 4 ... but who knows in the long run new/young people will discover Tenyo and will eventually start collecting ... and before you know it we'll be in phase 3 once again ;)
Message: Posted by: Killertweety (Feb 11, 2017 02:21AM)
I made a mistake, I/we am/are actually in stage 4 imo, stage 3 is behind us :)
Message: Posted by: 1KJ (Feb 17, 2017 03:03PM)
Very interesting. I also think that a lot of "Tenyo Collectors" are only into certain props. I know I am. I'm not interested in a complete collection. I'm really only interested in some. I pretty much have everything I wanted from the past and not even close to a complete collection.

I get way more kick out of certain items, some old, some newer, like The Haunting, Perpetual Puzzle, Bare Bones, Ghost House, Dog House, not just owning a ton of Tenyo. Some of these I got at a great price, and others I overpaid (Like The Haunting). I doubt I will pay much for any more Tenyo, and just purchase a few of the new ones as they come along and sell for cheap.

Also, I can't imagine owning a really cool Tenyo product and NOT opening the box. To this day, I still perform with some of my Tenyo props. I paid $120 for Prison Box and I actually perform walk-around with it. It is one of my funniest routines. I don't know what I would do if I break it because of performing with it. I guess I would just cry, 'cause I ain't gonna be shellin' out more cabbage fer it!"

KJ
Message: Posted by: Magical Moments (Apr 10, 2019 09:04PM)
I think it is safe to assume that there will always be new buyers/collectors of Tenyo arriving on an ongoing basis.

Lately, Tenyo prices vary greatly depending on when the item is for sale, who is looking, and how lucky the seller is not to mention whether it is new or used and condition etc..

Prices have never really been stable for discontinued and highly sought after Tenyo but I do agree that the rarer Tenyos in great demand sell for less these days.

It is like a roller coaster ride and when you jump on as both a seller and a buyer determines selling prices. The readily available Tenyo items have a predictable range.

I suspect that there is one Tenyo which has been discontinued and is now becoming more and more difficult to find that will skyrocket in value eventually. It has been available for many years so there are plenty of them out there but finding one unopened will be difficult to do. I am speaking of Crystal Cleaver. One of Tenyos all-time most popular tricks!
Message: Posted by: wulfiesmith (Jun 21, 2019 03:18PM)
Tenyo Eye of the Idol is currently on sale for 195 on UK ebay ... but no takers yet.

Perhaps a case of inflated prices, rather than falling prices?
Message: Posted by: MrWizard (Jun 28, 2019 03:28PM)
[quote]On Apr 10, 2019, Magical Moments wrote:
I think it is safe to assume that there will always be new buyers/collectors of Tenyo arriving on an ongoing basis.

Lately, Tenyo prices vary greatly depending on when the item is for sale, who is looking, and how lucky the seller is not to mention whether it is new or used and condition etc..

Prices have never really been stable for discontinued and highly sought after Tenyo but I do agree that the rarer Tenyos in great demand sell for less these days.

It is like a roller coaster ride and when you jump on as both a seller and a buyer determines selling prices. The readily available Tenyo items have a predictable range.

I suspect that there is one Tenyo which has been discontinued and is now becoming more and more difficult to find that will skyrocket in value eventually. It has been available for many years so there are plenty of them out there but finding one unopened will be difficult to do. I am speaking of Crystal Cleaver. One of Tenyos all-time most popular tricks! [/quote]

I agree and just today ordered 2 more Crystal Cleavers before they go up and are hard to get. Eventually one will break so stock up. ;)

Richard