What do you think about prices coming down on sealed games so much? Is it surprising? Do you think they will come down more or will rebound in the future? Let me know!

@MrMegaManFan

Жыл бұрын

I understand if people want a sealed copy of their favorite game because that makes them happy, but people who buy something as an "asset" have no appreciation for what makes it special because they've never played it and never will. I hope their "equity" goes further down than crypto.

@mikes567

Жыл бұрын

its sickening that slabbed games are this expensive if i cant play it then it has no value to me

@ninetendopesaitama2107

Жыл бұрын

The sealed game scam doesnt work? ;) i wonder when will people realize bitcoin is a scam? :D ☮️

@fink32

Жыл бұрын

I will buy every game from you at the price you paid. Seems fair right? I am sure you would be happy for this to happen considering your reaction amd celebrations to people losing large sums of money on this crap.

@donaldsmith5667

Жыл бұрын

@@mikes567 I feel exactly the same, but we’re actually gamers. These speculators are actually just assholes. There’s the difference! Rule number one with investing is knowing something about wtf you are buying. These people know jack shit about gaming and therefore know jack shit about wtf they are buying. Solid plan, assholes.

Here is a lesson I learned waaaaay back in the mid 90's from my college level economics 101 professor. A course I think should be mandatory in public schools the nation over. You can have the rarest collectable in the world and have the biggest expert say it is worth x amount of $$. But it isn't worth that much. It is worth....what someone else will pay for it. No more than that. These speculators that are whining about their games "underperforming" at auction are really whining at the potential buyers of their games because they won't pay their hyperinflated prices that they say they are worth. Too bad. Just because WATA games says one of the most common games ever made is worth 2 million dollars doesn't mean there is someone willing to pay that. Or anything close to that.

@llhaken

Жыл бұрын

Stop educating people, let them think their trash is gold haha

@thepatternofchairs9814

Жыл бұрын

I agree with you, but I do always wondered that statement to be good water across the board. If say a coin sells 100 times for $10, but then the 101st time it sells for $2, does that mean that coin is worth $2? It sold for $10 across the board yet someone got it for $2. Oh and also f*ck grading games lol glad these prices are at least coming back to somewhat unridiculous prices

@johnmickey5017

Жыл бұрын

No, why did it sell for $2? If the sale was private or a hyper local market, the transaction reflects worth only between the parties or non-monetary goods were exchanged as well. If it sold for $2 on a larger market, it’s usually because supply is larger for demand, like, people quit collecting coins or a large cache was found. Heritage is more the second model here

@mattdubovik3082

Жыл бұрын

@@llhaken If video games are trash why are you even watching this channel lmao

@llhaken

Жыл бұрын

@@mattdubovik3082 ah, I see you suffer from basic social interactions & sarcasm is lost on you. It's ok, I'm sure you have other attributes to bring to the table. Carry on.

Guys, GUYS! Just wait. Mad Dog Collections will explain ALL this in an airtight rebuttal video.

@mischkin3588

Жыл бұрын

didn't he delete his channel?

@chicawe

Жыл бұрын

Mad dog = genius. (Sarcasme 10000%)

@raffcamcamraff7950

Жыл бұрын

I totally concur !! jajajajajajaja Fuuuuuuck WATA !!!

@charlesgrybosky1916

Жыл бұрын

Oh I am waiting to see that!!!

@FIXTREME

Жыл бұрын

Oh man,that garbage?🗑️

The problem with a lot of these trendy new collecting hobbies - and I'd include NFTs in this - is that very few people actually want to be the end user of the items.

@garygorrent9917

Жыл бұрын

Probably the best description of any collectibles market. If you actually want the product for what it is, then go for it and do your research about its value.

@damonke79

Жыл бұрын

This is exactly the problem. When I buy a game for my collection, my plan is to keep it forever so what it's worth after I buy it means absolutely nothing. Paying inflated prices has been rough but I got a lot of what I wanted the past three years and now I have it forever

@lifestyle936

Жыл бұрын

NFTs suck.

@irregulargamer1352

Жыл бұрын

@@damonke79 exactly and the older you get the easier you see the value of buying collectors items early on. By the time it sells for thousands fully sealed you have zero interest because you already bought it when it was 100 and have no interest in paying so much extra for it being sealed. You're pretty much paying extra for plastic wrap and a hard case you can't open unless you really don't care about selling it ever.

@Psiros

Жыл бұрын

At least most other hobbies have something tangible unlike NFTs (I swear these are the dumbest thing ever invented). My Marvel and DC cards are worthless, but I do look at them once in a while to reminisce.

Any seasoned collector saw this coming a mile away. Now we just watch.

@BeaverVision

Жыл бұрын

Yup

@Mr.Sojiro

Жыл бұрын

Absolutely, and the shit show that will happen now will be something to watch.

@quentinparhiala9415

Жыл бұрын

your right

@flaking305

Жыл бұрын

Tbh these prices should've been dropped

@zagreatandini2345

Жыл бұрын

Hahahahahahaha yup! 100%

Monkey Island had it right 32 years ago. “Never pay more than 20 bucks for a computer game”

@bretton_woods

Жыл бұрын

that's probably the most i have ever spent! i never buy games when just released though

@joshallen128

Жыл бұрын

Is that $20 accounting for inflation

@knghtbrd

Жыл бұрын

@@joshallen128 If you account for inflation it might be $30 now? *shrug*

@joshallen128

Жыл бұрын

@@knghtbrd yeah I don't know anymore hardly pay for games these days I just stick to free to plays like fortnite and rocket league and games that you can physically download and modify and share legally without resorting to you know what and preserve them archive them and back them up for generations without the threat of legal action being taken on your head by Nintendo Microsoft Sony 18 one of the companies out there

@joshallen128

Жыл бұрын

@@bretton_woods never ever pre-order I learned that lesson the hard way with many of the Early Access and soon to be released games thinking I was getting such a great deal on DLC when really it was just burning myself out before the big release I guess because these days companies are turning customers into investors and by investing I mean commodifying and almost saying Good things by the game because they are invested by pre-orders and stuff

Just so you all know, Mad Dog is the one who bought the graded Mega Man for over $49k and graded Metroid for between $4k and $20k from this auction. I guess he's doubling down hoping a greater fool is going to pay more!

@chdreturns

Жыл бұрын

That wanker.

I’m still sitting on all my pogs. Once they make a comeback, retirement here I come! I got a limited edition OJ in the slammer

@ninetendopesaitama2107

Жыл бұрын

😂 😂 😂 Pogs are the future ;) ☮️

@hatsunemikufanboy

Жыл бұрын

But do you have an ALF pog because he's back ... In pog form

@GiuseppeGaetanoSabatelli

Жыл бұрын

POG SLAMMER OJ Lmfao Only true Pog Champs know

@mikel6989

Жыл бұрын

@@hatsunemikufanboy Not sure if I have ALF or not. Would have to sort thru them. Lotta 8 ball ones I know that 🤣

@meatpockets

Жыл бұрын

LOL, I had an OJ Slammer pog that I think came from Cracked magazine.

I think the important bit of evidence in all of this is the people complaining all have NFT monkey avatars. That should have really been the tell tale sign of what these people were into this for.

This is what happens when speculators get involved. Collectors aren't panicking, they're licking their lips waiting to increase their collections.

@leeartlee915

Жыл бұрын

If you get excited enough to lick your lips collecting old games still in cellophane, you need to expand your horizons.

@synical13

Жыл бұрын

@@leeartlee915 Don't tell people how to enjoy their lives.

@shootermcgavin1208

Жыл бұрын

Speculators = most “collectors”.

@opaljk4835

Жыл бұрын

@@synical13 I think it’s good for people to tell others when what they are doing is lame

@leeartlee915

Жыл бұрын

@@synical13 It’s not. It’s called judging people. Not the same thing.

I used to have a 1500+ vinyl collection. The whole time I was collecting, I said it was for my own enjoyment. I moved cross country and sold my entire collection to a local record store I liked. People lost their minds at me about how I was losing "my investment". The records were never an investment to me. I collected them because I loved listening to them, no matter how rare some of them were.

@btread8875

Жыл бұрын

Well stated...

@InfectiousGroovePodcast

Жыл бұрын

@@btread8875 thank you.

@Dman3827

Жыл бұрын

I bet you regret it now, or you will.

@InfectiousGroovePodcast

Жыл бұрын

@@Dman3827 not even a little bit :)

I hope these people lose so much money that the view of a sealed game will make them sick.

@ninetendopesaitama2107

Жыл бұрын

😂

@daskamu

Жыл бұрын

Lol😂

Back in the late middle ages, when I was in college, I learned about a concept called "constructivism". In short, it suggests that something has a value if people collectively believe that the value exists. It's hard to find a better illustration of that theory, in action, than this boom-bust cycle for sealed games.

@SoulConstruct

Жыл бұрын

NFTs

@koolz765

Жыл бұрын

how about the us dollar? worthless paper that only has value because people believe it does.

@WilliamRFC91

Жыл бұрын

Yeah, like money, it has no intrinsic value. It's only valuable because we deem it so.

@songcramp66

Жыл бұрын

@@WilliamRFC91 Same with gold or silver though. It has very little value outside of some niche electronics products. The difference is that it's a lot harder to print more gold.

@davidshi123

Жыл бұрын

There's nothing unique about this to sealed video games. Paintings, action figures, comics, NFT's, crypto, hell fiat currency almost by definition.

People are trying to make definitive statements about supply and demand, but we haven’t even seen the actual supply for most of these games. There’s so much more out there that people just aren’t having graded or that Wata hasn’t gotten to yet.

@pinrod1

Жыл бұрын

Supply and command

Can stick all the fancy stickers on it they want, it's still a mass produced item from a timeframe we can still all vividly remember. These are a curiosity. It's so hard to wrap my head around a $14k box for Goldeneye.

@mattdubovik3082

Жыл бұрын

Still a lot less than trading cards in quantity

Retro game collecting on the whole seems very “in” right now. I’m betting half the people who only started collecting in the last 2-3 years are going to start to liquidate sooner than later. when they realize that this stuff takes up a lot of space and they don’t really have any true passion for it. Which will be fantastic for the rest of us who are still around to buy it up for reasonably sane prices (hopefully). The sealed/graded stuff never made sense for video games to begin with. I imagine that end of the hobby will go back to just a handful of incredibly niche collectors even sooner, especially with prices tanking. Which is great news for any true collectors.

Can we fit just one more sticker on that laptop???

So, from a former Investment Banker's perspective: So, first and foremost, people shouldn't expect the auction house to do anything, that isn't their role. Obviously since it's not their job to get a specific price for their customers, but let's talk about Heritage specifically. It's basically been proven that Heritage and WATA were shilling their own items back and forth, and they didn't care enough to not engage in market manipulation. You were trying to think of an example of an asset deflating rapidly and couldn't think of one, but you don't have to look beyond Heritage for the perfect example: coins in the 80's. Heritage was found guilty of and paid damages for market manipulation of graded coins, and acting in the exact same manner they did with WATA. One point that nobody seems to be touching on is that both Heritage and WATA have been caught colluding and shilling their prices, so what's the logic in trusting Heritage at all, and who's to say that numerous games that WATA's graded aren't legitimate 9.8's or 9.6's? Once the world comes to terms with the fact that their company is just a shill mill, the credibility of their grades is going to be worthless. These idiots talking about population reports might as well be saying "well, there's one 17 shares of THIS Enron stock available! It's undervalued!" Actually, Timmy, it's fucking worthless, but thanks for stopping by. Heritage and WATA aren't your friends, they don't give a FUCK about YOU. They both actively prey upon and profit from the community they claim to support, and THEY will be fine. They get paid whether you're in a mansion or bankruptcy court, so don't get the idea that they owe you anything. Invest in what you love. If it all goes to zero, you've still got something you're passionate about.

"At some point the auction house has to say no"...My dude, this is under performing because it's a $120 complete in box game that some decided to throw in a plastic container and give a magic number to. It was never worth anything near six figures.

These speculators trying to land on the carrier in NES Top Gun now!

@justsayin4632

Жыл бұрын

How much you wanna bet graded - sealed “collectors” won’t get the reference?😂

@paulrr5711

Жыл бұрын

@@justsayin4632 So true!

@ogre706

Жыл бұрын

@@justsayin4632 Right? One has to be an actual gamer to get that reference.

It's funnier that everyone who is a true collector/gamer knew this was going to happen... when these investors originally said these games will only go up in value I scoffed.. they apparently have never spent a long period of time collecting anything. I hope this retro bubble pops and prices get back to just insane and not outrageously insane.

@shorterrecording

Жыл бұрын

Well for the most part, they were only saying it would go up to inflate potential sales and increase interest prior to the inevitable crash.

@TheJadeFist

Жыл бұрын

Also people who actually collect games, wants to be able to play them. Who wants to put them in a plastic case and never touch it?

@MAGAIVER

Жыл бұрын

I want the prices I used to pay back in 2009, I got into collecting because I could buy games and consoles I had never played before real cheap and I had a blast discovering new to me games.

@kennethd4958

Жыл бұрын

@@MAGAIVER Yep. I got into collecting around 2008 and I use to buy a console in the box with every paycheck.. even the harder to get consoles like the Atari Jaguar was around $150 boxed back then.. heck I even remember getting the Master System 3D glasses in box for dirt cheap.. sure you still had crazy priced games back then but even those weren't out of the realm of obtainable to the average collector... and things could still be found at garage sales and flea markets for good prices.... it just is not fun anymore with how high everything is.. maybe I sound bitter but when even common games are going for hundreds of dollars I just can't get into it anymore.

Somewhere that snively whiplash Mad Dog is shedding tears watching these prices plummet. For some reason this brings joy to myself :)

When gas, meat and potatoes are getting super expensive, suddenly sealed games don't seem to be so appealing anymore.

@aikidoboynj

Жыл бұрын

This 🙌

They literally saw a market like this a few years ago. Remember when people were grading comic cards from the 90's? lol how did that work out.

@PatTheNESpunk

Жыл бұрын

I remember hearing about what Marvel cards were going for and was like, "Huh? Do people realize that nearly every kid in America had those?!"

It was just a large amount of investors driving up these prices. Majority of game collectors don't give to licks if a game is sealed or open. It doesn't help most people who want games just want it opened to play. Sealed collecting is in most cases about a value vs actually caring about the games.

@TheJadeFist

Жыл бұрын

They're trying to buy games to sell them to other people to sell them to sell them to sell them to sell them...

@spearfisherman308

Жыл бұрын

Sealed games help for disk because it means it has no scratches which is good if you want to play the game.

@monkeytoung

Жыл бұрын

@@spearfisherman308 it does help much for blueray games that scratch protection helps out a lot

It's a long time coming and I love to watch them squirm haha! I also love how the dentist says all the speculators have left, as if he's not one of them!

I like how they still try to manipulate the market by holding onto product. Wow it’s the highest graded one ever! I mean it’s the highest graded one we’ve auctioned. I mean it’s like he highest one we’ve graded…and decided to auction. These things aren’t THAT rare.

@worldsheaviestjamband93

Жыл бұрын

And as always…Pat and Ian make my point later in the video.

@joshallen128

Жыл бұрын

@@worldsheaviestjamband93 yeah I mean I wonder why do people buy and hold on to things that are inherently intangible in nature like games Pokemon I mean they're intangible creations because they can be easily reproduced in that sense you might as well just be holding on to patents that may well just expired

Being 40 I have seen this so many times now. BTW they are moving onto cards at the moment. All of a sudden as this market is crashing the graded card market is going crazy. Look at the prices of graded pokemon, yu-gi-oh or magic cards at the moment. You can see it coming and a new generation of people (ie the pokemon card collectors instead of sports cards which they crashed in the early 90s)are going to get scammed.

@bretton_woods

Жыл бұрын

and VHS too They will soon run out of "markets" to pump and dump. Sealed bottles of old perfume? I don't know.

@joshallen128

Жыл бұрын

Well at the nft market crashed a lot faster than I thought well maybe it's just taken off who knew a token could be so much now they're commodifying accounts game accounts steam accounts any account you think of online they can come modify it as a token and buy and sell accounts to the highest bidder

@johnnyace2287

Жыл бұрын

Pokemon is for 4 year olds tho!!

@joshallen128

Жыл бұрын

@@johnnyace2287 yeah and magic is for 40-year-olds or something

@johnnyace2287

Жыл бұрын

@@joshallen128 no real games are. Not instructing yellow Pikachu with a button command to see if he won or not.

there's always gonna be rare and expensive games but video games that cost as much as a mortgage or decent used car, that crap needs to stop

Pretty much the saying is: just because it's rare, doesn't mean it's valuable.

Anyone know where I can buy a graded 9.0 or above tiny violin so I can play it for these dipshits who tried to artificially overvalue games for their own profit?

About five years ago, I bought sealed copies of Dragon Quest 4, 5, 6, and 9 for about $20-$90 a piece. What did I do with them? I ripped off the plastic shrink wrap from all four of them and played the damn games.

@plufim

Жыл бұрын

Hell yeah

This brings me so much joy, because people were soooooo sure this was the next best thing😂😂😂😂

I'm happy to see prices going down and I really hope they will continue to go more and more down in the future :) And I don't care if my own collection loses value, I'm interested in games and their history, not the money I could get if I sold them (which will never happen).

The bubble bursted, the smart money probably moved on and the leftover hypemen and bagholders try to convince someone, anyone these overblown moon prices were ever justified. I think their big mistake was the million dollar mario. That was just too obviously stupid and greedy, else they coulda had this grift run a little longer maybe.

@bluedistortions

Жыл бұрын

Yeah I remember in the early days of the internet jpgs of people building shit and making outfits made entirely out of super Mario brothers cartridges. They were everywhere.

The drop is even worse , you need to add about 15% inflation for the last year….

This reminds me of the speculator boom and ultimately the crash of comic book industry in the 90's

During the 1849 gold rush, the people who made the most money weren't the miners. It was the people who sold the miners their tools.

@ex.spaceshuttle.worker

Жыл бұрын

So true

This was as obvious as the collapse of NFTs

...and so, now I can quote the Ironsword commercial: "Finally! YEAH!". 😁

The biggest problem i have with these sealed games is that the grading is based on the box. This always sound foolish to me, since this isn't like a trading or sports card (or even comic books!), where the corners, fading, centering, etc are on the actual product. All the grades... are on the box. You could be spending thousands of dollars on a N64 cart... only to find out that the cart itself is actually a worthless piece of rusted garbage. "But they're never gonna play it!" That's not the point and you all know it. These guys aren't gamers. I collect video games, but I have them so that I can play them. I collect comic books, but I have it so I can read them! I collect trading cards, but I have it so I can use them! These guys would just be better off buying the box without the game!

This entire subject with Heritage auction house and grading video games has been a scam for money laundering. I've been collecting for 30 years, all of this is nonsense. NONE of these games are worth ANY of these ridiculous prices in the real world. Grading a game does not increase it's value to these levels, it's just not legitimate. A graded sealed copy of ANY retail game will NEVER be worth more than something like a Nintendo World Championship cart, which is in the $20k range.

I'm an avtual collector. I collect to have these things. Couldn't care less about the values going up or down. I like stuff being cheaper lol

The Graded games market is crashing and soon the Graded card and comic book markets will crash too. I say let them all crash. I get a good laugh out of it all.

You're right that the auction house doesn't care what the price is. The reason is that they profit every time it goes up for auction. So if it's down now, they make their commission. If the price goes up in 2 years when the new owner sells it at auction, they get another commission. They're happiest if the owners turn the items over rapidly, and if the market continues to hold interest in the item. But if the market loses interest in the item, the auction house just moves on to facilitating auctions for items that the new market is interested in now. It doesn't matter if it's video games, comic books, movie memorabilia, sports memorabilia, guns, antiques, art, or jewelry, if there's a perception of value, and the items are unique, not commodities, people will flock to auctions to buy what they are interested in, and the auction house makes money. They don't care about what people are buying and selling, they help people buy and sell what they are interested in.

Wait? Supply outweighing Demand doesn't create rarity

I hope retro game prices get back to more sustainable prices. I’d rather not see a crash since I have friends who work at retro game shops, but these outrageously high prices lately have been insane. Glad to see these speculators are getting hosed on some of these.

"SEEEEAALLED!!"

Prices are just starting to drop, it's going to be a bloodbath across the entire collecting spectrum once hyperinflation in food, energy and housing kicks off.

Just stumbled back onto watching Pat's videos. It's interesting to see similar patterns in what people have speculated on in various hobbies from video games, comics, collectable card games when they had easy money, but now that interest rates are going up and loans need to be paid back, those who have FOMO'd in to make money are now on the goat trail out and loosing money. But they won't admit that they made mistakes. Anyways, thanks for the great video and interesting talking points you raised. Peace out

Line goes up bubble goes pop

I'm not an economic genious BUT I was raiseed enough well with economics to understand how the most basic levels work - And in second-hand level I have learned A LOT. However, things have seriously gotten out of hand with people and money in general and younger generations have seemingly lost touch of reality. You can have the rarest collectable in the world (Game, cards, toys, art, music etc.) and have the biggest/greatest expert(s) say it is worth x amount of $$. But it is not worth that much. It is worth....what someone else will pay for it. No more than that. It is solely based on how badly someone or some people wants that item(s) and that possibly triggers others to want the same amount or more money, despite we still play bu the very exact reason of term = What someone else will pay for it. The problem is that often people link this with the economic term "Supply & Demand" that spins up or down the prices while the item(s) are hot...but should likewise cool down the asking prices if the demand is weak and so on. Now, in my own opinion, this is a major problem and things have seriously gotten out of hand with people and money in general and younger generations have seemingly lost touch of reality. They pay anything to get what they want and never seem to stop and think about there action(s) and evaluate what it all means. When they accept these prices, then things will never go sane and the prices keep being on redicules levels and it ruins classic gaming IMO. You can't get in to collecting when the prices demand a big chunk or all of your hard-earned money.

Sealed video game market crash in 3, 2, 1...

I remember my friend proudly presenting to me a collectible he had obtained with a big price. It was a Slipknot cassette in wraps. I guess it was when the comeback with vinyls and tapes wasn’t here yet. Anyway, we were drinking that night and he accidentally dropped the tape while showing it off. The case cracked and the plastic wrap was torn. He was so pissed. I asked him ”can we listen to it now?”

As much as I love retro gaming, I wouldn't spend more than $100 on it.

I am so happy to hear this.

Love it!!! 😆 the people buying these aren't game collectors... just people buying them up for profit. 📈

Buy low sell high. Imagine if they digitized the trading of these games. It would crash the market so fast. It’s ridiculous these people aren’t buying the games at these low prices. You buy when their is blood in the streets!

This isn't a correction, this is a "oh god my beanie babies are worthless" moment.

Good. It’s all a sham and I’m glad it’s taking a big fat dump down the toilet 🎉

We’re living in the weirdest fuckin timeline, I swear. Pixel art is now home decor, the Mona Lisa is a punchline, and “serious” art is money laundering. Crazy.

@joshallen128

Жыл бұрын

Actually I kind of like pixel art it's nice and square so it fits rather smoothly like a puzzle piece the Mona Lisa is public domain except the one at the Louvre and serious art is more so AI created and therefore has no copyright at all so it has no commercial value

@relo999

Жыл бұрын

"Serious" art has always been that to quite an extend. But with the advent of people not understanding the core of art (the "movement" of people and ideology) and rather think it's all just pretty pictures with a hyper focus on skill or random shit put together put the whole money laundering to an extreme. Which is also why the whole AI art reaction by "artists" is hilarious as someone with a deep knowledge of art and a small time artist myself (and programmer), AI art doesn't move people, it doesn't communicate something, it's just a pretty picture. If anything the whole concept and existence of AI art is an amazing criticism of modern understanding of art, making it arguably art in itself. It's akin to how some musicians reacted when electronic generated sounds and music became a thing.

@robertmcknightmusic

Жыл бұрын

@@relo999 I wouldn't consider AI art "serious." I'm more talking about how like no one supported van gogh in his lifetime.

@relo999

Жыл бұрын

@@robertmcknightmusic I agree, but loads of people do treat it as such. But even ignoring AI art, it's really the general lack of understanding which is what made serious art so attractive to money laundering. This lack of understanding has always existed but is arguably at an all time high.

@robertmcknightmusic

Жыл бұрын

@@relo999 do they really? I had no idea. Fair point then.

Wouldn't sealed games collectors suffocate?

@raffcamcamraff7950

Жыл бұрын

Yeap they will drown with the cellophane of their sealed games while we laugh till getting unconsciuos jajajajaja

Going down the YT rabbit hole a few months ago I stumbled upon a video about this topic and the company that was grading these games. I believe it was WATA, and yeah they've done this before. They will be the ones that are buying these games at first; just to build that fomo and that artificial excitement, they'll cash out and the market for these collectibles will crash, and they'll move on to the next collectible.

I believe some of those superinflated games may have been bought by heritage people making stock in order to flip them later. Remember how they were talking about "upward trajectory", they were probably expecting these games to be going for millions by now lol. I hope this is the case, I revel in that😅

it's almost like only speculators are gonna pay that much money for a sealed game. this is basically rich bastards scamming each other

Is this the same Dentist that Comic Tom talks about as being a huge speculator in comics as well???

@PubeStache

Жыл бұрын

Comictom and Nastygirl? Biggest grifter scum in comics and video games.

Seeeeeaaled!!

Heh, I bought Rai 3 and 4 for $2.00 many years ago. The bad one was that damn Turok 1 gold cover. 1,000,000 copies were made of the regular cover, but that gold thing for awhile was impossible to find. (Big 90s Valiant universe fan.)

@megamob5834

Жыл бұрын

I still have that gold Turok lol bought it when I was like 8

nice, if this continue i maybe get my hands of some of my old game library that was stolen from me again

@MasterZebulin

Жыл бұрын

Who was the son of a bitch who did it?

@neilland8209

Жыл бұрын

What?

Love it, can't wait for all the low end games I'm watching on ebay to be on clearance too lol Prices were ridiculous

@reputablehype

Жыл бұрын

Also all these money and clout chasing MFs probably thought that with hype for the new Super Mario movie that these prices would be soaring into another (SM) galaxy

They won't make their money back, too many global things happening. The British pound is dropping, the US is on the verge of a recession, the war, crypto is still down from its high and won't return to what it was anytime soon. When all of this is not an issue, Heritage could be gone, Wata could be gone, and nobody will pay that much for games that aren't that rare.

Talk about a goddamn paperweight

"Premieres in".. but theres a video playing? What is this witchcraft?

@PatTheNESpunk

Жыл бұрын

Hi, it's a KZread premiere. It's been a thing for years now.

@itweeb4765

Жыл бұрын

@@PatTheNESpunk oh yeah, I know about those, but it was also playing your join video, which I've never seen happen on a premiere. Typically I just get a black screen with the premiere time.

I have a sealed Madden Championship Edition for Sega Genesis. Any thoughts on value?

It would be cool to have a website that will put your branding on anything! For example I need a new 5 inch 14mm downstem for my jerome baker, I would be cool to see branding through the fume glass

Hopefully the trajectory keeps going this way

Let’s just ignore how lots of other collectibles have gone down in value after Covid.

Pixel frame website link doesnt work lol rip

about time they woke up and smelled the coffee

What made retro collecting worth any money was the fact they were discontinued history. Now that the retro scene is SO ALIVE that even dollar general sells mini ninendos that come with a hundred games that is what is devaluing the collector part of things. I have never collected anything I am just glad retro didn't die.

No video game is worth over $10k...

Modern day Tulip Mania

It's just a sign of the times. Demand for games is low, demand for property is lowering, companies are starting to layoff workers again, we're starting to feel the belt tightening. Recession is definitely around the corner.

I’m so glad this fake price hike was exposed. These collectables aren’t that rare.

Sucks what has happened. The two NES Zeldas and Link to the Past would be part of the select few games for nostalgia reasons I would ever consider getting sealed copies of but never would happened at those prices unless I won the lottery. Thank you and Ian for you coverage on this topic for years now.

It's almost like nobody has a need for a sealed version of a game they can just emulate

Kinda wish I had a time machine. All these games I bought as a kid and could have just not opened them, sold them earlier this year and I’d have my house paid off.

@nukfauxsho

Жыл бұрын

Why? You might as well have played the game and instead played the lottery.

@irregulargamer1352

Жыл бұрын

That's a waste. Games are meant to be enjoyed. You're better off saving money in blue chip stocks

@roadwarrier9446

Жыл бұрын

yea..And I could have kept my Hot Wheels Red Lines. Baseball & Football cards sealed at 5 cents a pack.

The link to the pixel frames didn't work :(

if you invest in videogames and not use it for it's intended purpose needs to be pushed off a cliff. they're games, not stocks and bonds.

Not sure if its just my phone but the link to pixel frames didn't work. Odviosly I can find them but there is no way for them to link traffic from you.

the pixel frames website doesn't work : (

I think prior to the pandemic there was a couple of other things that got NBA fans interested in basketball cards again. There was the excitement of the 2018 and 2019 classes which would contain "face of the league" type players. Also when people got comfortable with instagram live (which basically launched in 2017) and started doing breaks on it, it changed what the ROI could be for people. So at least there was some organic growth to begin with.

Ah, finally the schadenfreude...

Market speculators start to panic as the market corrects is the mora accurate title. Collectors are generally in it for having the collection while market speculators aren't.

Another angle that I see is that not only are these things considered Commodities now which is a shame, some people by them so they can have something nice on their Shelf. But especially with Retro Gaming with all the shadow boxes and reproduction stuff you can get if you want a nice picture of a contra you can put it up on your shelf or wall. Shelf collectors have other alternative methods than to spend

@irregulargamer1352

Жыл бұрын

That's what I realized as I got older and fortunately it became more understood and easierto buy. Stuff like artbooks and high quality memorabilia appeal to me much more than sealed games I can never even touch lest it's value plumit, something that's not even on my mind when I buy "collectors" stuff. I'd rather have a pixel frame of metroid more people can appreciate for a literal fraction of the price of it's sealed game

This is what you get for not playing with your toys and being greedy bastards.

Who can confirm that the items in the sealed containers are the real item claimed to be in the containers? And that it has never been used? Asking for a friend.

I knew they were becoming ridiculously overvalued from the start, the prices just didn't reflect real collector interest and were massively overvalued and I'm sure caused a lot of panic selling and price crashing

Oh hey a popped bubble... who would have seen that coming? Totally out the blue! Never seen that coming, no warning signs at all... shocker!!

The biggest indicator of a bubble is assuming there is always another sucker