$3400 To See Guns N’ Roses In Saratoga, New York? Would You Pay This?
Who doesn't love going to a concert? Seeing your favorite band can be one of the most memorable nights of the year but can you afford it?
Currently, you can purchase a pair of verified resale tickets to the September 1st Guns N' Roses show at Saratoga Performing Arts Center for $3442.75. After a quick search I discovered that the cheapest ticket you can buy for this show is a lawn ticket for $79.50, which ends up being $102.95 after fees and taxes. Why is this show so expensive?
Is the Guns N' Roses show overpriced or priced perfectly? This is the first time that GNR have played SPAC in the last 30 years and this is the only amphitheater that the band currently have scheduled on their tour. A limited amount of tickets for a unique event creates strong supply and demand. But these prices?
I filtered out the fan-to-fan tickets from my search so I can see what the actual face value ticket prices are. These are currently the least expensive tickets at each level.
- $299.50/each - Balcony Seating
- $339.85/each - Official Platinum Orchestra Seating
- $454/each - Official Platinum Mid-Orchestra Seating
- $665.25/each - Official Platinum Lower Orchestra Seating
- PIT - SOLD OUT
There are several factors that set ticket prices for each show starting with the band's fee for the night. Promoters such as Live Nation also determine pricing based on how many tickets are available and an estimate on how many they think will sell to cover that fee.
Seeing the limited number of standard tickets that remain for the Guns N' Roses show it appears that either scalpers bought the majority or the pricing was perfect. In other words, if the tickets sell they are priced accordingly. If there are hundreds left it was over priced. If it sells out, the promoter probably could have charged more.
Keep an eye on this show, or any Ticketmaster show, for changing prices. According to the Scotsman, Ticketmaster uses 'Dynamic Pricing', which means prices can go up or down depending on demand. Much like airline tickets.