I have noticed lately that the prices of retro video games have hit astronomical prices and it is putting my collecting on hold. Has anyone else been effected by this? I really want to know what is causing this and can we expect a drop n prices soon?
What causes it is when someone puts a game on Ebay for a stupid price and finds that one idiot to pay it. Now what was once the idiot price is now the norm because everyone who has that game will feel cheated if they don't get the same amount that the original idiot paid. This explanation is simplified and there are variations and other factors but in general it boils down to an idiot with too much money.
This is pretty much the case. However it seems eventually those prices will fall. It just takes time. One thing that will help is when the retro collecting fad dies down.
That doesn't concern me but only thing it really does pissing me off when ebay Seller always put Ultra, Mega, Super "RARE" on the title. Stupid shit people need to learn. I saw Tenchu on PS1 (used) costing £40 on ebay and it not rare. I remember my sister bought me Tenchu back in the day and it cost £25 when it first released.
Nothing new here. Welcome to about 8 years ago when the retrobug hit a ton of people... I miss paying a quarter for Super Mario Bros/ Duck Hunt...
I noticed it 10 years ago. I've been waiting a decade for it to happen and (based on the forums I use) there are more people getting into it so I don't expect it anytime soon.
I bought a sega saturn floppy drive 2 years ago for 30 bucks and since then it they have gone up a 200 dollars when you see them on ebay. Its this kind a of bs that is hurting the collector.
Bought Pocky and Rocky CIB for the snes about almost 2 years ago now for $50. Now cart only sells for that and CIB is $150+ on feebay. Pocky and rocky is pretty common and not that hard to come by at all. Let's also not forget the holy sacred Earthbound...
The retro game shows on youtube help drive up prices on certain titles. On The Game Chasers they mention Little Samson for Nes about every episode as a holy grail game. That game used to be about $150-$200. Now its in the $800 range thanks to that show. I think AVGN also helps drive up interest in titles.
Yeah I highly blame those famous YouTubers for making Every single game a Classical Masterpiece! Because of people like Gamestr81 & Retrolibrary, now all of those games mentioned are now Expensive as all hell! Thanks a lot fanboys & Youtube!
yeah.. gougers and flippers, as well the idiots that buy it, are the root cause of any sudden and steep price rise! one of the parade examples is magical chase US. few years back to have for 100 to 200 bucks, and went up to the thousands sheer over night.
Let's not blow this up more than necessary, the standard price for a Saturn Floppy Drive has never been $30 in the first place... it was always around $100-150 in box, even in Japan. That was 2 years ago just like 5 years ago.
I bought one loose with ac adapter on ebay 2 years ago. Granted it was an auction not buy it now ,but I spent 31.00 (looking at my old paypal receipt emails). So indeed I am not blowing this out of proportion. To challenge my word like it meant nothing is sad. Also remember something is only worth what someone is willing to pay(that happened to be 46 bucks ).
I was joking around with my mates and this item I purchased recently "OMG Rarez?" "I should put this on eBay!" (my poor ol' Mum missed the joke lol!)
He isn't challenging that you $30 for the drive back then. What ave is simply saying is that you got a deal back then so you can't really use what you paid to set any type of benchmark for price increases.
It's a generational thing. The early stuff, Atari, Coleco, Mattel, have seen big price drops. 4 or 5 years ago they were much higher, ditto for NES. Right now systems like the SNES are very high, but they'll go back down. As for the "idiots" who overpay, my assumption is they simply have a lot of disposable income and they won't stop doing it.