Well that's part of my argument that one should only buy nintendo items. I am pretty savvy, I never buy full price I only buy clearance.
I think while Nintendo products will be probably benefit of an increased demand in the future market, other games will not lose value significantly. They are still demanded in their market segment (like Neo Geo, Sega, 3DO) because the supply is limited. Otherwise it would be total heaven for people who collect Sega Saturn and 3DO, they could buy everything for a fraction of the price it costs today due to zero demand, given your thesis will prove to be true. Or are you implying that only the price of Nintendo games will increase and the price of other games will stay the same? This I can't imagine because the income of collectors will increase over the years and an increase of income often comes along with an increase of price. Just look at how inflated the online market had become. A lot happened between 2000 and 2010, people earning and spending more money is probably one explanation for it.
I agree with ave, other games will not lose value significantly. But I do think Nintendo products will be valuable, Kev could you give us an example of Nintendo items you are referring to? I bet 64DDs, Panasonic Qs, GBs Light, and other items will fetch nice prices in say 10 or 20 years, dunno if cart media will still be reliable/healthy by then. I always wonder how the videogame collector scene will be 50 years from now haha, but I'm in no rush to find out mind you
My comparison is to comic books and other more mature collectibles. You have a few, very few who remember the fringe items, and then you have people who know only the big items. I really don't see 64dd, Qs or GB light selling for more than a sealed zelda majora for n64. People collect memories and games represent those, not the hardware. It's like collectible cars, there were so many different types but only a few iconic ones are truly valuable. 64dd for example is valuable due to novelty (not sold in west) and obscurity and limited audience. It has few and mostly mediocre games. So what value will it hold in the future compared to a sealed N64 zelda game? Very little in my opinion. Once people cease to care about the hardware, all that remains is the games. For example: Sealed ocarina of time for n64 sold recently for $1,300. This is more than any piece of nintendo dev hardware, dd hardware whatever has sold for in years. Snes dev unit sold for less. Sealed nes zelda, $900 The future is clear: You will have collectors of obscure items, and then you will have items that will appeal to consumers. This is sealed, mint games. Panasonic Q was $440 new. New in box this sells boxed for $600 on a very good day, likely far less. So you're looking at $440 sitting there making at most 50% profit. Say you buy any zelda or mario title clearance , new for $5-15. Sealed wind waker sells for $100-$120 each now. Say you bought 29 copies on clearance for $15 each instead of one Q. Right now today that would be a $2400 gain on two cases of games and it's CERTAIN to go up unlike the Q, which in ten years has only added 50% value, NEW IN BOX. The future is clear; hardware will become low value, software high value.
But you once said "I open everything I buy btw". I think investing in sealed games wont work out for you if you stick by that. ^_^
Hahaha for sure. I've started to see buying sealed items as a stockpile to purchase my normal items. I never buy new or unused. Basically by buying two cases of games every so often will pay for your hobby in perpetuity... I regret opening my psychic killer for sure... I digress
I dunno about you guys. But i'm not much of the "GOTTA BUY SEALED, NEVER PLAY, JUST LOOK AT" type. 30 years from now I hope I still have all of my original hardware/games that work and be able to play them as they were meant to be played. On the original hardware. It's just not the same sometimes playing them emulated as part of a collection. Buying sealed and collecting like that, just seems sort of a waste unless you are just trying to somehow preserve them as part of a museum or someshit.
Well, maybe there will be some point in time when the hardware fails before the games D: I think the same, games must be played in their original hardware but the day will come when that is no longer possible. Let's try not to fall into the buy-sealed-never-touch discussion which always ends nasty, I totally agree with you on that one too, but I understand people who buy sealed games as an investment or as to preserve a piece of history (that would be my dream if I had the funds). I see your point now, and it's a good one. It is true games can trigger memories more than the hardware itself, and I can see it happening, someone buying a game that reminds them of playing it when young and even if there's no hardware available at the time they might want it anyways just to know it's there. And of course this makes more sense if you get the sealed games cheap and make 200+ % profit
Over the past year or so Ive sold off half of my shipping container of Video games. Be it minty fresh or loose I can said for most of it I have made good on it all. For example I paid £500 for a huge box of N64 boxed games. Sold off for a total of £1500. Crap load of Megadrive consoles sold for £20 a pop. Hell I found 30 epilepsy warning cards for N64 I sold a few of them for £1!! The key for hardware is its got to be boxed to make decent money. I dnt think its just Nintendo either there are some good Sega games cash cows too.
With the inevitable demise of physical media values would surely rise regardless of console as long as it plays and is in good condition as each console old and new has at least one rare and obscure title of value. If people are desperate for a game or console, whether for the nostalgic memories that have a place in peoples hearts or just for collecting sake to resell or pass onto the next generation. People are willing to pay and no doubt always will.
Right now we have sub $20 snes-nes-genesis machines. Soon we will have psx / saturn / ps2 machines. The average person buys crap like yobo
Eventually this stuff will find it's way into museums and people like myself will be able to repair 3DOs in 30 years for sure. Fabricating new parts would be the hard part I'd imagine but in 30 years I can't even say for sure that we won't be able to fabricate a new laser on desk top equipment in a shed in your backyard. How many people covet Edison phonographs? Right, very few. Doesn't mean they aren't valuable. If anything your 3DO or CD-I will become quite valuable as the supply will get even lower than the (already extremely low) demand, simple economics. Not sure I'd want to collect games as an investment knowing full well that, unless your storage methods are museum worthy, you won't get much of a return in the long run (real long run, not just 15-25 years).
I do what Kev does, only buy on clearances. I got to limited editions from a sale for $20 each. So I'm keeping one sealed The CD-I, is actually fairly expensive cause these machines are hard to find. Still today I'm pissed off that I didn't buy that boxed PAL Atari Jaguar for $200, now they're selling for more. I personally would say it's not worth $200, but that's it's collector's value.
Ah I didnt mean any of them hybrid console on a chip thing, that Mini Mega Drive that plays original and built in games is absolute crap I dunno how they managed to stuff the sound even worse than the original? Dunno about those 3 in 1 consoles but I would assume they are no better just more practical. I mean who would pay $41,300 for a sealed copy of Stadium Events for NES? A completist collector? Someone with loads of money to burn? One day current gen gaming items will be worth something like stamps, money, wine etc. Rarity, uniqueness and condition will push prices up.
I dont think hardware is going to be worthless Right now I'm having trouble finding a Fat Ps2 without a busted laser Last time I found a FZ-1 that actually worked (and wasn't scratched to hell) the guy wanted a crazy amount of money, and yet he sold it Consoles like the Genesis are already 20 yr-old, and the Nes is about to hit 30 Pretty soon finding a golden-age era console in good working conditions is going to be extremely hard, and therefore expensive
What? which games? It better be that Atlantis game, the DaytonaUSA beta and the 32X prototype of Sonic Xtreme:lol:
Really interesting thread! I bought a Jag CD on clearance for £60 back in 1996. I then sold it on in 1999 to finance a purchase of a Nomad! Still have the Nomad, but boy I wish I had not sold that Jag CD! Think that ASSEMbler is right, Nintendo will be king, Sega second and the rest will follow. I sell LOADS of videogames, and most of it is Nintendo. Also I find these days that selling PAL I am shipping loads to Australia, more so than within UK! And buying up stuff on clearance is the way forward! In the last five years I have bought and stored the following: PSone Combi (PSone and Sony screen) for £45. Playstation 2 Slim for £40. Game Boy Micro in Silver, Blue, Green and Pink for £20 each. All of these are worth more now, and I am certain will be worth even more in the future!
Seeing how much decent condition boxed NES and SNES games go for now makes me feel better about my Neo Geo games. It would seem that most of the KoF series, Real Bout Special, even Last Blade on Home Cart are cheaper/on par with what people are paying for boxed Nintendo games. Crazy.