Are any of you guys putting capital into a video game collection?

4,267 Views | 29 Replies | Last: 2 yr ago by double aught
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Dill-Ag13
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And if it's opened it's worth $30. I feel the same way about beanie babies. It's dumb luck ending up with the right beanie babies or video games that eventually become valuable. And you can't dare touch them because they have to be packaged and look brand new.
Mega Lops
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FAT SEXY said:

A brand new, unopened copy of Earthbound currently sells for an average price of $7,142
no doubt there are unopened video games floating around, but I wish I would have not only thought of selling fake unopened games or real cartridges in reprinted sealed boxes, I would have gone a step farther and set up an authentication authority to further bilk hopeful collectors.

This seems like a really clever scam to prey upon video game dorks.
SlackerAg
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There's supposedly a landfill of Yar's Revenge catridges for the Atari 2600 which could be a goldmine.
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Philip J Fry
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Does that mean my laserdisc collection could be worth something?
Kenneth_2003
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Wait, did OP Rule 1?
fka ftc
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I have a like new condition TI-99/4A with a 1st release Hunt the Wumpus. Also have the speech modulator. What you want to pay me for it?
YouBet
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No. I realize one man's junk is another man's treasure but this one seems especially pointless.

Why would I want to collect a game that will be almost unplayable considering the evolution of games. I got one of those Ataris that have all of the Atari games built into it a few Christmas's ago and then pretty promptly threw it in the trash.

The idea of playing those old games sounded awesome until you boot it up and realize how awful and boring those games were.
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Proposition Joe
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Anything that was widely popular to men in the 70's-90's that is no longer in production/print will likely hold value.

Older pinball and arcade cabinets in good condition often go for very high dollar.
Comeby!
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Rewarding has many definitions.
fka ftc
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Modulators Emulators ruined the potential for old video games. Other than nostalgia of owning the original console and games, if you want to play the games than a loaded up RaspberryPi can let you play all old console games.

The original consoles and cartridges are simply another comic book and baseball cards. Cool to look at and show friends, but otherwise useless. Perceived value that you MAY capture if there is a random run on these things like what happened with collectibles during COVID.

Edited: I new it started with an "e" but my age hits me at times.
topher06
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Proposition Joe said:

Anything that was widely popular to men in the 70's-90's that is no longer in production/print will likely hold value.

Older pinball and arcade cabinets in good condition often go for very high dollar.
This is why I'm holding on hope for my 2.5 million pogs.
CheeseSndwch
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The Completely Unnecessary Podcast delves into game collecting quite frequently and touches on a lot of the market manipulation that occurs. Worth a listen for anyone that is interested in game collecting as a hobby and/or investment.
Diggity
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I think you mean emulators.

As with any collectable, it's all about demand and scarcity. Reprints don't kill that value of artwork, mp3's don't kill the value of rare vinyl, etc.

I promise that people buying unopened video cartridges for thousands of dollars aren't doing it to play the game.
Proposition Joe
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fka ftc said:

Modulators ruined the potential for old video games. Other than nostalgia of owning the original console and games, if you want to play the games than a loaded up RaspberryPi can let you play all old console games.

The original consoles and cartridges are simply another comic book and baseball cards. Cool to look at and show friends, but otherwise useless. Perceived value that you MAY capture if there is a random run on these things like what happened with collectibles during COVID.

Most collections aren't "useful".

An emulator doesn't remove the value of a rare video game any more than being able to view a replica of a piece of art removes the value of the original. The first issue of Playboy sold at auction for $3k even though I can see nudes on the internet for free.

The only real question is what kind of market there is for it.

Diggity beat me to it.
PeekingDuck
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Yep... I've got some silver/early bronze age comics that have shot up about 300% in a few years. At peak it was something like 500%.
fka ftc
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Appreciate the correction on terminology, I knew it didn't sound right.

Reminds me of what I always say to the wife when she asks how much something is worth. My reply is always "what someone is willing to pay for it".
Ag CPA
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SlackerAg said:

There's supposedly a landfill of Yar's Revenge catridges for the Atari 2600 which could be a goldmine.
The infamous ET landfill cartridges are being sold:

https://www.alamogordonews.com/story/news/2022/08/25/et-atari-tomb-alamogordo-nm-games-auctioned/65418680007/
fka ftc
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Ag CPA said:

SlackerAg said:

There's supposedly a landfill of Yar's Revenge catridges for the Atari 2600 which could be a goldmine.
The infamous ET landfill cartridges are being sold:

https://www.alamogordonews.com/story/news/2022/08/25/et-atari-tomb-alamogordo-nm-games-auctioned/65418680007/
Netflix's High Score documentary had a nice segment on this and how the debacle happened.

The series has been an okay watch through the first two episodes for those interested in history of video games.
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Ghost of Bisbee
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I've got one of those majora's mask limited edition unopened New 3DS XL handhelds back from 2015. Worth anywhere from $800-$1000+ now. Bought for probably $299 at the time. Maybe less.
CapCity12thMan
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Marsh
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A lot of the huge increases were perpetuated by 1-2 websites that are being investigated for fraud. Good video on the scam.

double aught
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topher06 said:

Proposition Joe said:

Anything that was widely popular to men in the 70's-90's that is no longer in production/print will likely hold value.

Older pinball and arcade cabinets in good condition often go for very high dollar.
This is why I'm holding on hope for my 2.5 million pogs.
I heard that Alf was back, in pog form.
ballchain
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Marsh
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Another solid bit of texags investment advice in this thread. Definitely not a bubble.

A follow up on the retro video game market.
double aught
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Very interesting. What a scam.
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