Why Retro Game Prices Keep Rising NES/SNES/SEGA/N64/Wii/GC/Xbox/PS3
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- เผยแพร่เมื่อ 9 มิ.ย. 2023
- Lets discuss 6 reasons why retro game prices keep rising and why they will continue to rise.. #retrogaming #xbox360 #ps3 #nes
Part 1: • Xbox 360 Game Prices a...
Part 2: • Xbox 360 Game Prices a...
Part 3: • Xbox 360 Game Prices a...
Part 4: • Xbox 360 Game Prices a...
Part 5: • Xbox 360 Game Prices a...
Part 6: • Xbox 360 Game Prices a...
Part 6.9: • Xbox 360 Game Prices a...
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Another reason there will always be a little Timmy is that there are lots of gamers like me who like deep, single player experiences, and there are scant few of those being made anymore. It's all about multi-player now, and if you want that solo experience, you have to dig into the past.
If you want good single player experiences you have to stick to indie games these days unfortunately.
Firewatch was a great one i enjoyed.@NN-pe6ip
Your point about the 14 year old buying a SNES and games was interesting, because right now I'm in the process of culling my collection and a 19 year old recently bought a few common SNES titles from me and wants a few more things from that era that I'm selling. When I met him in person I was taken aback because my first thought was 'why is this kid interested in physical SNES?!'.
This is my first time coming upon your channel. Good video
That's why I only buy games that I want. If games drop in value, it's NOT an investment for me. I genuinely want the ones I have
If they are old that's okay to me. Some games that cost 100 something that's old makes no sense to me
I also love retro games. I have been a heavy collector for 30 years. I collected heavy for Sega Saturn, Sega Dreamcast, Original XBOX, and XBOX360. I have been told for years that my Sega consoles and my OG XBOX were a waste of money. Now, to have these consoles and games make you a rock star. I now do a TH-cam channel to make back some of their rent money. 🤣
Your points are solid and I agree with you. The prices aren't going to go back and it is exactly in part because video games are now officially collectables.
Yes new generations will buy these games decades from now. I've been seeing it recently myself.
A little 7 year old kid with his mom was in this game store looking at Genesis games - he saw Sonic 3D Blast and got super excited. The store had two copies in stock and he was clearly looking at which one was best condition and had the manual or not. He went with the better condition one. His mom was there watching on happily.
I had seen the same kid before with his mom months ago. He was stood by me talking to one of the floor walkers about how awesome N64 games are while I looked at Genesis games. And I jest ya not - the mom came up and said to the floor walker 'Actually we were thinking about that Genesis game' (the exact game I was scoping out.) That mom... she's got a sharp eye and sniped it before I could ask to buy the game. I also heard her talking about enjoying the hunt for games and not liking buying games online.
SO... how is it that a little 7 year old boy born LONG after Sega is dead and the N64 is shelved is majorly excited over old games and not Call of Duty 2903293909 or Battlefield 327897392 on the PS5? Two things I'd say:
A) Retro gaming / older game collecting in general is cool, it's socially established and it AIN'T going away because of that. It's popularity on YT/other social media is a reflection of that.
B) When we are little, by little I mean... say 4 years old, we ain't thinking things like gosh 'I want to join X religion and sign up to X political party.' That's down to our parents and guess what? WE are the generation instilling the interest in OUR kids about how cool these games are and why they should be hunted. They'll do the same for their kids. That's how religion, political views and other things permeate through time.
We grew up with the SNES, Genesis, etc. We aren't telling our kids 'Fortnite 3278932 for the PS5 is good, I'll buy that for ya'. Hells no. We are telling them that Mario 64 and other old games are awesome. We are getting the old games for them (and our selves at the same time.)
Edit: Typo fix.
LOVE it! And you reminded me of one more thing.. the future of games is 100% digital, which will only INCREASE the demand for old school retro PHYSICAL games
@@LegallyInsaneGamer Absolutely. Not only that. Game developers have gotten lazy. They release games full of bugs, which also have content cut off for DLC. Need multiple patches etc which you won't be able to get in the future easily. And often rely on a backend server being online to download the content or just launch the game (even for single player games.)
Net result? They'll be worth less when their backend server goes down. Also, modern games may visually look and sound better. But many of them are below the standard of quality which older games were made to.
You are right. But we are humans. We are unpredictable. So, there are exceptions.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
3ds game prices are insane atm
Retro collecting is fun to do and always has been and always will be. But it is getting more expensive to do so. And it is getting harder to find games but that is the fun of it 😊
To me there is a high moment. When games are 20 plus years old they hit that point.
Also as time goes on. Game consoles stop working. Video games start deteriorating so means less than less on the market
You definitely nailed it here. I was just sitting here like... "true... true, thats also true..."
Retro Games or any physical games for that matter will grow in popularity and value.
Great minds think alike!
Physical media is going away, bottom line. That means this stuff is gonna be rare.
Not really. Limited run and other companies rising
Glad I got what I did. I can’t imagine buying my collection again in 5 years. Especially some of those Xbox 360 and Ps2 games.
Really enjoyed your take on this. You weren't the first person I've heard to talk about video games as art, but you are the first person who's made me stop and think about my modest collection differently and my attitude about why and how I collect. You got one more sub on your way to 9,000.
Thank you! Collecting is indeed a fun and amazing hobby! Every single one of these games is a work of art and it just so happens that as a nice little bonus.. some of these gems become quite valuable $$$
I’m 52 years old and I’m having a blast collecting all the games I grew up on Xbox 360 is my gems
Grew up on the Xbox 360? LOL You mean when you were in your 30's? I'm in my 30's now and I grew up on the Xbox 360 in HIGHSCHOOL. What 😆
@@3hirdtimesacharm😂😂🤣🤣🤣 I said the same thing in my head. I'm 36 graduated in 2005 and played PS2 most of that time.
@@Greazvstheworld I'm 32 now and I remember playing the PS2 around the age of 10 up until 2004ish when I got the OG Xbox for a little while but that was only a couple years or so then I finally got the Xbox 360 in 2007 Thanksgiving week. That was RIGHT AROUND the time Halo 3 came out too! Great times man. Great times for sure.
You grew up during Atari era. Who you fooling?
In my mind, there’s one reason that can never be disputed - all retro games have a finite amount that are made which leads to the indisputable issue of supply and demand. End of story.
100% accurate! 💥💥
While I agree that we'll likely never see a "crash" in the collector scene, we've already seen a huge amount of game prices drop significantly in the last year alone. A majority of these increases were due to the pandemic, and now that things are slowly getting back to normal, the people that temporarily jumped back into gaming during isolation are moving on from them. Still somewhat expensive, but nowhere near what they were.
If we're strictly talking the heavy hitters like Little Samson, then you're 100% right. But for everything else they're gonna continue to either drop of fluctuate.
Yes, specifically talking about ALL rare games (not just massive heavy hitters like samson). The long term charts on every single game has only gone up, the short term is meaningless. Games (like stocks) dont go straight up, or straight down, they can trend down for 1 year, 2 years, 3 years but still be rising. Lets look at Otogi 2 for the Xbox only because I am literally looking at it as we speak as I am bidding on it. This used to be 15, its never going to 15 ever again, period. But at its current peak it peaked at 150 cad, now its roughly 90 cad.. is it going down? Is it actually going down? Or is the long term trend clearly up?
Another great example: Tansformers war for cybertron, its not ultra rare but it is a very good hidden gem game that went under the radar and is now becoming more and more known and falls into the uncommon sought after collectible side, Do you really think a game like this is ever going back to 12 dollars? Never in history has such a game yet done so. The charts we have in existence today show they the long term trend continues with all such similar games. Perhaps one day it will change, but the what based purely on what we know today and the charts we have today, the rare and sought after uncommon games continue to rise.
This is called price correction in the market. Don't be fooled, most of these games will not be going down in price and either instead will fluctuate around their new bottom price or slowly continue to creep up permanently. Not to mention, we are currently going through an economic recession and everyone has said that would bring games down like crazy and guess what? It hasn't budged, it fact most games have either stayed the same price or gone up. Get ready bud, it only goes up from here for most games especially uncommon and rare games
You are right about the price tag correction. But we are humans. We are unpredictable. So, there are exceptions.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
I wasn't paying attention towards the end & that last line was unexpectedly hilarious.
MD snes saturn DC n64 GC Jaguar there all insane prices now, wish id bought em all up before the prices went up
I finished my collection about 10 years ago, and I’m glad I did.
I have collected I got I was happy.i am going buy some sega snes rpg ones.thats it.i wanna some ps3 games.
I agree with a lot of your points, but I am on the side that believes we will reach a point where these games will stumble back to reality. I have collected for over 30 years and have a collection that garners much attention by those who have seen it. I believe that a ton of speculators came into the hobby because they realized that games had value. That created additional scarcity and a perceived rarity of items. Rarity is driven by production numbers, but also availability. As speculators begin to exit the hobby, and older collectors sell off their collections rarity gets impacted and prices get driven down. It is inevitable. Look at what happened to comic books, baseball cards, cabbage patch kids, beanie babies etc…there are a ton of examples.
360 is by far the best for so many reasons. I'm in my early 40's and have played the 360 day one.
I took to collecting games several years ago.
Now I'm selling on eBay and marketplace in order to obtain high price 360 gems.
I plan on retiring with a complete set of the 360 library.
You got in a good time when you started collecting those games! Even for me the prices of many of these games would make me go BANKRUPT! I got them ALL cheap though and dont have to worry when a 20 dollar game goes to 300 anymore, but had I waited just a little longer.. I would be forking over my entire bank account just to pay for them lol. Only the wisest of collectors know to get in cheap :)
Well said and great video. You know I also didn’t start collecting for some consoles till way later such as the Wii. I didn’t get me a Wii till 2016. And now it’s one of my fav consoles ever! Im 36 and have been playing and collecting for years and there are still consoles out there I never played back in the day that I would like to try.
Unless the population bottlenecks soon VG prices will continue to rise. Nostalgia is a hell of a drug.
Very simple but very informative points 👏
I think it's complicated. I think collectors generally care more about what they grew up with, but also collect subsequent consoles and games. Don't think there's a whole lot of kids interested in what was before their time to a point of desiring a collection. Those of us earlier on the scene, enjoyed a period where not everything was seen as equally collectible and availability was vast. Over time, more and more got into the hobby once they reached a certain age, so availability kept shrinking. Prices went up universally.
I notice at game conventions, majority of buyers are "age-proportionate" to what they're buying. The oldest buying the most varied (I've always collected from NES to modern day) and the younger guys are going after GameCube, PS2, DS, PS3, etc. Their interest in those systems of course, impact the market for those of us who collect it all. Price Charting indicates a lot of systems did plateau pre-pandemic, and many have seen a re-plateau after. It's just that free money is rocket-fuel for game collectors. Many are becoming fatigued and selling off, and today you certainly don't need a collection to play retro. So I kinda don't suspect an indefinite climb across the board forever, barring any more state hand-outs.
I do however, agree that some people see it that way. I sense more often retro gaming has become the apple of the eye to many who see fortunes in flipping, speculating, and investing. It almost seems like there's more of them in the retro space now, than there are actual gamers seeking and trading this stuff. So more of it is ending up in the hands of those who only care about the money. Perhaps it could drive prices up once they fully take over, but at that point I don't understand who's buying and for what reason. It's one big circle jerk of speculation and the whole market that made the thing relevant is mostly gone by then. I dunno, it's weird.
Also, you should definitely collect PS5 and new releases as they come out. Print runs are lower than ever, retail stores are about to give up the ghost, physical is becoming very niche and there will be less overall, than there were to go around with previous generations.
looking forward to this. Thank you!
Hope you like it!
Great Video!
Next Gen consoles will be digital. Thus driving up physical demand. Which will make vintage games and oem controllers skyrocket due to rarity
You are right. But we are humans. We are unpredictable. So, there are exceptions. Economy theories don't explain our behaviors.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
Very interesting PGN!
A system I think that will blow in the future is the 3DS. Unique and innovative gimmick (3D) that is very hard to emulate (or impossible, idk im not a tech dude). When you look at people emulating the DS/3DS on computers, it looks so bad cuz it wasnt meant for the 2 screens to be on only one screen lol. Actually the wii U is the system that emulates the DS so nicely, cuz the touchpad makes it for second screen.
Having 2 screens that u can touch with fingers/stylus is so crisp. 3D is so good on the latest systems of the family (new 3ds and new 3ds xl). Library of DS and 3DS is SO good. And the 3ds can play all of this library.
Also, such an easy console to mod and when you do it, you have access to basically all nintendo handhelds games up to the 3DS! And the themes of the system when you open it are so cool to watch!
Anyhow, take care bro!
I am still on the hunt for a 3DS XL console myself! I got a standard 3ds but the bottom touch screen is busted on the left side so i got screwed. Sooo many GREAT games on the 3DS in general though as well.
@@LegallyInsaneGamer hey PGN, get urself a New 3DS or a New 3DS XL. Those are the latest of the "3ds family" (there are 6 models in this family : classic og 3ds, 3ds xl, 2ds, new 3ds, new 3ds xl, new 2ds xl).
The new 3ds and new 3ds xl are awesome, as the 3d is wayyy better than and stabler than the first OG models. My fav one is personally the new 3ds but those were u are were scarce (NA) while they were common for us in EU.
If you're really looking into getting only one, I would strongly advise you to at least pick a collector one if you can. You'lle be happy to have a valuable and pretty item in ur collection!
Anyhow, take care PGN!
I did not grow up with them. My parents never got me a console as kid. Only had a pc. So i have no memories or nostaligia to thos games. But these older games are just fun and everything i discover is new too me. And my children born after the 2010s like these games too. I quess it like with music, if its good its good no matter what year it was released.
The reason i went for consoles is the pain it takes to get old pc games too run. Just put in a cartridge or cd is just nice.
But i think this is changing i also got a ps5. And the majoritiy of games are not ready to play but first need downloading for 20-30 mins. I dont know if these games will age as well if the servers are shoot down somepoint in the future.
💯🔥
I almost got all the Wii games I really want, they are still cheap, Won't wait until they reach the sky.
You nailed a very good point. As a millennial, I have much more disposable income now to throw at these games to acquire them, just like yourself. Anecdotal I admit, but others like me competing in a market, supply and demand takes over, and I will even pay a nostalgia premium if it is a game from my childhood collection or a good one that I missed out on because my mother couldn't afford it at the time.
However, it prices out younger newcomers to the hobby because they are still at school or entry level jobs.
Just because one has disposable income we should pay overpriced items? Then you lose job then someone wants to sell their dusty games to make rent or mortgage. Revolving circle
I was little Timmy in HS in like 2010 with my HS job I remember buying NES stuff I’ve never had. I’d always wanted an Atari for some reason back then like you said let’s see where this all started
There are trends in art to. Some artist only got high valued after the painternlomg passed away. Amd there are tons of artist which are technicaly good but not famous and you cam get there art for a reasonable price. If you are into art you can collect art aldo as a wroking class non millionear. Just support your local artist and start your discovering their.
When leonard limoy died , I remembered a copy of caution fisherman at a pawn shop. 10$. I wish I would have gone to buy it. Same after 911. Flight simulator computer game. Bought 2 a few days after at circuit city.
There will always be a little Timmy 😅
Reservesinvestment? That’s more toward games releasing at this time, not retro games that oop
@@superbn0va ground meat
They won’t crash, they haven’t haven’t crashed and they never will crash 🙌
I take pictures of racks of dvds games. Go home and do my homework. Just starting my endeavor.
Of course i would sell little timey my videogame i bought for 200 Euro for 25. If it makes him happy. The smile of a child is so much more worth then the profit.
I gave A Game to a Friend for Free years ago
Nice Video ! Sub & Big Like ! And love retro games,
Thank you!
It's not about collecting and money to me, some people already offered me a large amount of money to buy the ones that I already have, but I turned them all down, all I wanted was getting the games I had back and play the games again, and no, it's not about investments nor money...
Just playing them again after over 20 years simple as that, and no, it's not about money, never been never will....
Hello. I am looking for opinions on that matter, why i stumbled over your video. This might become a longer text, but i would really love to hear your opinion on my thoughts. First of all i am a collector myself since about 2006 and i have more or less everyting i desired. I got it for (compared to now) a very cheap price. While i honestly hope - which probably gives me a lot of hate - the prices will go up, since it would increase the value of those items, i have doubts they will. While i might be wrong, I believe they problably will drop sooner or later. I am from europe, which might make i difference. Here we go.
I think your little Timmy example does not work. It is true, that there always will collectors for everything. But 2010 Timmy will be extremly rare. When we would sell our stuff in like 20 years from now, the ammount of sellers will be much higher then those who buy. That leads to a significant price drop. A simple reason of supply and demand. Timmys excist, but in no way there will be enough of those who would want the ammount of games the market will have in 20 years.
Secondly, and this is the big thing i have in mind, is the current overall market situation in interaction with the target group of retor collectors . Retro game prices are, like any market, dependent on supply and demand. Low supply and high demand makes a high price, low demand and high supply makes a low price. Right now, the demand is still high enough that the prices are stable, but this could change very soon - at least here in europe.
The reason is simple. The majority of retro game collectors are between 25 and 45 years old. As you say correctly, this is the group that has now a steady income. But that leads also to something else. It is also the group that will become (or already are) parents, which will shift their interest in a different direction. More so, it will bind their money for something else then their luxury items. This is even more true to the imobilia market. Many, who actually are in that age have not bought their desired immobilia (house, condominium) since the prices in the last 5+ years went up drasticly. Now this is changing, which will lead to many people, including myself actually doing this big investment of buying a house.
Buying immobilia, raising kids (adult stuff) means for the vast majority of people: Safe your money for many years to come. Or even safe your money AND sell stuff that you can spare, depending on your income.
This has to lead from my Pov to only one possible scenario: peple wont buy that many retro games anymore, and more peple are willing to sell them because of the need for money. What this makes with the price is self-explanatory.
I could be wrong, and like i said, i hope i will be proven wrong. Whats your opinion on my opinion? Thank you!
Kind regards
PS. Sorry for my english, it is not my first language.
You are right. But we are humans. We are unpredictable. So, there are exceptions. Supply and demand can't explain how we work.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
I kind if disagree there was a crash in the brand new sealed market if you take a look at those prices they have dropped by 90 percent or more
Tomba for ps 1 is like 250$ used
I bought mine recently (got a dang good deal), MINT condition for $190 Canadian I think it was. I was in a bidding war with another dude and he missed the deadline for the final bid (you get 1 minute extension and he missed the 1 min mark else it would have continued higher $$)
That's crazy 😆
Thats why i bought repo classic sega and snes
Only expensive game I have now is haunting ground PS2. I have $100 games but HG IS around $400
Totally agree with you. It's just common sense to me. I started collecting for nostalgia and wanted my kid to play these games. I am not going to stop collecting from now on. I also invest in other things but retro games are fun and will also appreciate. I'm not a short term seller. I rather keep them then loose what I paid for them. That's basic understanding.
Will work for bangers!
Bro I need the bangers
😂😂 Will see what I can do!
@@LegallyInsaneGamerbro r we going to get some bangers this week?! I’m soaking
@@kingnacho69 Bangers on the way! Get those diapers ready!
Lol retro game research all day every day at work. Hell yeah.
Livin the dream!
I agree with your points. However, these points are only valid, as long as the games will work forever. Cartridges and especially discs age and time will come when they won‘t work anymore. Once they stop working, the games will be worthless.
Very good point!
I'm not worried. Permitting there's not an EMT blast, my factory sealed games will outlive me. *If* there is an EMT blast, nothing else will work either. Win-win.
Tell that to shelf collectors who get salty tho
Tell my wife that. She's not a believer. I am and gaining more confidence since I watched your videos.
The newer consoles are for sure still CHEAP! Steal of a deal on many of the rare games can still be had
She is right. If you dont understand what you are "investing" in, dont do it. You are gambling.
@LegallyInsaneGu have to get them.down the road they will be rare $$$$$amer
I'm a little Timmy now
was it you who started those fires and gave me toxic smoke in the US? had a sore throat from it.
🤫🥸
Sega Genesis games are insane! That is console I first loved, I’ll never be able to buy the games. My other favorites are PS1-2 and OG Xbox. I owned a PS3 when released but played maybe 5 games ever in it. Now I collect OG Xbox, PS1-2 and PS4-5(survival horror games). I will leave you all my games when I die.
Yes please! My games will probably be buried with me when I go! Unless some family members learn to RESPECT the retro games, they will not inherit the retro games!
@@LegallyInsaneGamer once Elder Scrolls 6 releases in 2033 I will die right after I finish the game, then I will have my butler send you all my gaming stuff.
@@charlieb308 😂😂Well dont finish the game too quickly then! Savor the moments! On that note ive explored enough in Morrowind now to know why everyone says there is basically an unlimited amount to explore! The very first cave I went into had some giant underwater journey I cant even get to the end yet and will have to come back to find out where it all leads
I don’t understand, I leave you comments and TH-cam hates me! They delete the comments, they don’t want you to finish the game.
Remember to jump to level up. Fast travel at any mages guild, you can use mark and recall spell to go back to a certain spot you left a mark, you can fast travel using 2 spells that send you to a temple or holy grounds
@@charlieb308 Im jumping 24/7 at present! lol. I dont have mark and recall yet but will have them very soon (i googled where to get the spells). I also googled how to store my items and I can basically choose any barrel/bin I want? Im placing my alchemy ingrediants ive been collecting/forest mushrooms and flowers and stuff in a barrel inside the mage guild in balmora for exmaple
I’ve seen a cheaper copy of little Samson on Ebay…
Btw, I am also taking my games to the grave too haha. What I have is my shit and I love playing 'em.
i love my games too
I’ve been collecting for over 35 years. I do agree with that there will never be a “retro game crash”…However, I wish there would be. I think many collectors are missing the reason why these games are so high priced though…and it’s actually a fairly simple reason that nobody seems to want to admit. I talked about this on my channel a few times. Yes, these older games and consoles are collectibles. On the other hand, they are also EXTREMELY outdated. Basically outdated chips in plastic shells. The reason for these outrageous prices is GREED by these resellers, plain and simple. For example: DKoldies. They claim it costs so much to restore these older consoles so they must up the prices. That’s a 100% complete lie. I’ve restored original NES consoles, Sega Genesis, N64’s, etc……all for under $30. And each one literally only took under a half hour to fix. The main culprit for older consoles are either the pin to cart connector (which brand new ones on Amazon are $15) and are extremely easy to install (and I’m no tech genius). The second, is a bad capacitor. A box of 1000 different sized capacitors run about $10. They’re installed with a simple soldering iron. Capacitors are literally 10 cents a piece.
Back to the outrageous prices: As much as I LOVE collecting retro games and consoles, these resellers are killing the enjoyment of collecting what I love. These games going for outrageous prices are only the price they are because of the reseller putting that price tag on them. They’re not actually worth that. These games are out of print. The company’s that made these games aren’t getting a dime from these sales now…..the resellers are. They (resellers) are raping people with their asinine asking prices. Retro games are only worth as much as the buyers are willing to pay. The only way to get these prices down (because you’re right, the retro market won’t crash), is for buyers to quit being suckers and stop paying these resellers their CRAZY asking prices. Sorry, but NO retro cart is worth more than its original retail price…no matter how old it is. If it’s a rare game, that’s a different conversation. But most of these games and consoles aren’t rare. MILLIONS were sold and distributed around the world. There’s no shortage of them. So in reality, GREED is the reason for these asinine prices. Essentially, retro games and consoles are nothing more than outdated chips in plastic shells. They’re age don’t change in value like cars or other valuable antiques. Collecting for over 35 years, I’ll never pay over $100 for a single cart, that’s just crazy. I’d never give in to these greedy resellers. As long as people give in and pay those prices, it’ll never change.
You are right. But we are humans. We are unpredictable. So, there are exceptions. A diseased retro market doesn't explain our behavior.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
I wanted streets of rage 3 on Sega Genesis. No way am I paying $200.00. I’ll use compilations discs released to play it. They can keep these retro prices.
and people saying gamestop going bankrupt
I have looked at the charts. Since start of the year, pricecharting index has gone down
Your first problem was looking at the INDEX which is also the first clue you have no idea what you are talking about. Why are you looking at the index? You think the index is relevant here? Did you think this was about Super Mario Bros, NHL 09, and Call of Duty? Your next problem was looking at ONE year on the index, ever heard of long term investing? Since when has any investment in the world only gone up and not fluctuate? Why was it that previous years also ended in a dip as well yet the trend has never stopped going up when you zoom out beyond that ONE year? When will the now 32 year old Little Samson comes back down to 50 dollars as it inevitably will since the.. what's the comparison here?.. Overprinted and not even rare baseball cards and comics during a fad from the 90s? Beanie babies? Oh how long did those last? How long have video game prices been rising? You havnt seen a single trend to say this has stopped, is stopping, or will stop, nor a single piece of evidence to say its a fad because its never occurred yet. Talk to those in the actual industry, those that go to the trade shows and set up booths, the game store owners etc. Your theory is a common theory, and perhaps they will crash SOME DAY, no one knows, but right now.. there is no evidence to support that theory (look at the charts). Do some research on why these other so called 'nostalgia investments' failed and what is the difference between them and Little Samson, Silent Hill, Dinosaurs Peak, Elemental Master, The Misadventures of Tron Bonne, Aero Fighters, Sonic Blast Man 2, Obscure etc., etc.
@@LegallyInsaneGamer I dont know why you are spamming the same wall of text on multiple of my comments
Force you not to miss em, think objectively.
@@LegallyInsaneGamer I hope you take your own advice on thinking about stuff objectively
Already have proven with my actual fact based points and the fact I actually looked at the charts and understand video games (you havnt done any of those).
The overall investing market including the stock market, housing, crypto, collectibles, ect has been pretty much up only since 2009-2010 except for a couple months during the pandemic. It was pumped even more by inflation during the 2020 and 2021 bailout causing the inflation we see now. Given how the FED and government had to react to the inflation will likely cause a significant recession which will be coming in the next year or so. Collectibles just like every other investing vehicle will go down with the market as investors sell off their assests to pay bills if they lose their jobs due to layoff. If someone has 10k in games but needs to live for 6 months while laid off what do you think they will do? The smart investor saves up “dry powder” for these times and buys up these investments on a huge discount. I’m specifically sitting on funds to buy up farm land in this next housing dip. Buying games could also be a smart investment if the prices retrace most of the gains since 2020. We will see what happens, but smart investors would be wise to take a little profit now and not be greedy. The big collectors that are selling off their collections now may be the smartest investors.
You are right. But we are humans. We are unpredictable. So, there are exceptions. Economy theories doesn't explain our behavior.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
Anyone still collecting Atari 2600?
No
Why would the little Timmy CARE about these old consoles? You said it yourself. WE care about these consoles and their games because we grew up with them. I do not care about older games that came before my time. Why should this not apply to them as well? They wont have nostalgia for it.
You found one exception of someone who cares but thats just that. An exception. There wont be such a huge demand for these games by the next generation. They will have nostalgia for consoles from their childhood.
I dont have nostalgia for Atari 2600, Atari Lynx or PS3 yet I collect for PS3 and plan to collect for 2600 and the Lynx. I used to HATE the 2600, and now I want one.. funny how that works. I wasn't even born when the 2600 came out and the second i saw one I originally thought it was pure garbage and yet here I am.. I also plan to own 8 Atari Lynx consoles with 8 copies of slime world. Heres a console and a game I didnt even know existed until maybe 2 years ago.. 2021.. but the game came out in 1990.. where's my nostalgia for that? This console is OLD. Why am i going to buy it? Why dont I emulate it? Slime World was 0.99 cents in 2012 why am I now paying close to $30+? I never played the game or the console once in my entire life. Why do I all of a sudden love my PS3 when I never owned it until around 2020 and therefore had NO nostalgia for it?
you cant just look at what you personally collect and assume everyone else will collect the same thing. "I like this, I am willing to put money into this, therefore the price will go up as there is demand". It's a ridiculous assumption.@@LegallyInsaneGamer
@SquallTheBlade No one said anyone is assuming that's how everyone else thinks nor did I say I was buying those games and consoles for the purpose of the price going up and I used myself as an example. If I'm doing that don't you think others are too? It is you who is clueless and have not looked at your own theory objectively. So why are all these prices still going up?
Most people are into popculture collectibles due to nostalgia. That's just how it works. And "most people" is what drives the markets. And the prices arent going up. Prichecharting index has gone down since start of the year.@@LegallyInsaneGamer
Once again your comment proves you literally know nothing, did zero research and refuse to think objectively. Price charting index went down countless times, yet the trend has always been up. Have you ever made a single investment in your entire life? I'm sorry to inform you but no investment goes straight up, zoom out, look at the big picture. You think video games are a pop culture collectible? What are you comparing video games to? Name your pop culture collectibles. You are referring to something you keep proving you know NOTHING about.
With the demise of physical media I think prices will stay up. Eventually there will be no more games to collect.
And as long as people like to collect, there will always that lil timmy enthusiasts that will be fond of them.
My dream of game collecting is dead.
As the pool of "collectors" grows, the pool of games shrink. Prices go up, dosen't mean they are worth more. Means ppl are willing to pay more. There is a difference. Are these old games overpriced compared to their true value? Yes absolutely. Collect games because you enjoy it. Don't think game collecting is an investment, they are not. Actually to be honest game collecting is a waste of money. That's my opinion.
Big whoop
Emulation. Problem solved. It's not like most of those companies give a damn anymore.
Apparently Nintendo does as they will sue if need be
They are about to crash.
Oh so it's investment. Of course you WANT to think like it will always go up. Be a little bit more objective. Look at any other collecting category that rode on nostalgia. Are they all still valuable? Of course not. Video games wont be the exception.
What other collectables were based on nostalgia that have gone down?
You should not be investor for something you have this much emotional attachment towards. You clearly won't think about your investment objectively.
You should not discuss an investment you also know nothing about and wont put the time in to think about your theory objectively.
your theory is simply wrong. Real world doesnt work like that. Instead you should compare this particular section of pop culture collectibles to OTHER pop culture collectibles and see how they have performed@@LegallyInsaneGamer
What is the difference between your other pop culture collectibles and "nostalgia" investments you refer to and retro physical video games? You should know this. Name your collectibles and name the difference. You should also be able to tell us when the crash will occur? Has it started since right now after 32+ years since you said during the last year SOME of the retro consoles trended down based on the INDEX? I notice the NES index went down from 45 to 43 over a 1 year period (others like PS1 went up), is this something that actually means anything? If you say yes, you are clueless. My theory is backed by the actual facts we have existing today with 30-40+ years of history whereas yours is pure theory based on previous pop culture items which im still waiting for you to name and tell me the difference between the 2.
You are unable to understand the difference and therefore unable to think objectively. Your theory is a valid (not fact) and those who are able to think objectively know it is likely MANY years away SHOULD it occur but you are unable to understand why your theory may NOT pan out nor why it may be another 25+ years before the first ball drops (NES) IF it ever happens in the first place (based on todays facts, unlikely). Remember Mario and Little Samson are NOT similar and cannot be compared. Why is that? Did you know your index includes MARIO in it? Did you know Call of Duty 360 is not similar to or comparable to Spiderman web of shadows 360 or F1 2013? Do you understand why one is priced higher and continues to climb over the other? Do you know why the trend has never stopped and no 32+ year old game has crashed yet? How long did your other pop culture items you refer to rise for and then crash? Id love to see these. Are they beanie babies? POGS? Overprinted and not rare cards and comics? What are you referring to?
Your first problem AGAIN was looking at the INDEX which is also the first clue you have no idea what you are talking about. Why are you looking at the index? You think the index is relevant here? Did you think this was about Super Mario Bros, NHL 09, and Call of Duty? Your next problem was looking at ONE year on the index, ever heard of long term investing? Since when has any investment in the world only gone up and not fluctuate? Why was it that previous years also ended in a dip as well yet the trend has never stopped going up when you zoom out beyond that ONE year? When will the now 32 year old Little Samson comes back down to 50 dollars as it inevitably will since the.. what's the comparison here?.. Overprinted and not even rare baseball cards and comics during a fad from the 90s? Beanie babies? Oh how long did those last? How long have video game prices been rising? You haven't seen a single trend to say this has stopped, is stopping, or will stop, nor a single piece of evidence to say its a fad because its never occurred yet. Talk to those in the actual industry, those that go to the trade shows and set up booths, the game store owners etc. Your theory is a common theory, and perhaps they will crash SOME DAY, no one knows, but right now.. there is no evidence to support that theory (look at the charts). Do some research on why these other so called 'nostalgia investments' failed and what is the difference between them and Little Samson, Silent Hill, Dinosaurs Peak, Elemental Master, The Misadventures of Tron Bonne, Aero Fighters, Sonic Blast Man 2, Obscure etc., etc.
I'm only looking at past year because this "video game collecting boom" is literally just a few years old. Yes collecting has existed for longer but it got popular during covid. That's why the time span is so short. I do agree that "the crash" or whatever you want to call it might not be sudden but a gradual lowering in prices. We just have to see.
And yes those are the popculture collecting categories I'm talking about and much more. Just because you say video games is different doesnt mean anything.
And holy shit that's a lot of defending over your "investment" lmao.@@LegallyInsaneGamer
Also, PS1 index increasing is just another indicator that nostalgia is the major factor. Slowly the next generation of consoles and their games will have demand due to people with disposable income growing up.@@LegallyInsaneGamer
SNES games are starting to go down, but it’s going to be a slow descent.
The bubble will burst. Todays youth are transitioning to digital. When those kids are older with jobs they can just access their digital library of games they purchased. Most classic games are on compilation bundles like cowabunga collection, mega man x collection.. if your 30s we are the last generation who will give a damn about physical retro games. Ask yourself do you care about VHS? No dvd? No all movies are available digital Netflix Disney plus . It’s gonna be same in future.
Let it burst. Oh well. In mean time there are cheap fun games to play vs emptying wallet at every paycheck over ira contributions
this guy just talked for 20 minutes and said nothing.
An IQ over 69 is required to understand a video like this where the points made are numbered so that even a monkey can keep track and understand what was said.
@@LegallyInsaneGamerenjoy wasting thousands on games while everyone else who isnt a cuck will just emulate them
Enjoy being mad you cant afford physical games and being clueless with an IQ under 69 as to why people play and collect physical games over emulation in the first place.
this is such a hard cope lmao
The term “retro” is thrown around so wily jolly. Xbox 360 and GameCube aren’t technically “retro” systems.
Some of this collecting stuff is borderline “hoarding”.
That 14 year old child isn’t the group inflating the market either! If anything, that group will be the least likely to buy and supporting the market rocketing…
I predict that prices for older systems will drop in 20 years. By the time Millenials are in their 60s the demand for these games will drop drastically and so will prices.
I can see people selling off their collections once they get older and need to downsize. At that point younger generations are not going to have a desire to play older systems that they did not grow up with and were released decades before they were born.
Exactly. That is the late stage/end game.
@@JTSuter That is why people spending crazy money now on video games as investments are in for a rude awakening when the prices of old games drops and they lose their money.
You are right. But we are humans. We are unpredictable. So, there are exceptions. Economy theories and predictions don't explain our behavior.
I got a CIB PSX Digital Video Recorder; a CIB DualShock 2 White Ceramic; a CIB Beatmania IIDX TurnTable ASC; a CIB Beatmania IIDX 7th Style; a CIB Stepup and Down Transformer; a CIB Sanyo Plasma TV; for 45 €.
And I've already found 43 vendors with low price tags (Original Retail Price - 70,80,90%). Many people said "There is no hope. Original Hardware is a Holy Grail.". It's wrong. It's 2024. The year of the Retrogaming Revolution.
Shall one bring their yellowed nes to a nursing home with hundreds of games off a dusty shelf at age 65? Millennials will begin turning 40 this year. As we age other priorities will be more important than a stupid overpriced disc or cartridge. These items later will be sold to pay health care bills, parents final expenses, mortgage payoffs, nursing home or assisted living fees, etc. be lucky to get pennies on the dollar. People treat games like some stock portfolio
@@back2the80s Nursing home at 65? That is very young to be going to a nursing home.
The issue is that when millennials become senior citizens over the next 20+ years the demand for these old games will drop drastically and so will their value.
Younger generations will have little interest in obsolete games that they did not grow up with, so won't want to buy all these old games that go on the market as older people sell off their collections.
I bought earthbound cib about 6 years for about a 1000 canadian which I thought was absurd at the time. Now I see it for 3000 plus.
And now instead of looking absurd it looks like you got a STEAL of a DEAL!