Sealed Japanese PS1 Guilty Gears

Picked this up on a whim, saw it for an incredibly low price and figured "Any sealed PS1 game is worth at least this".

No idea the actual value, figured I'd make a post about it here. 2 small tears in the plastic at the bottom I tried to get good pictures of. And there are 2 small cracks in the front-lid (pictured with one of the small tears).

No idea what to expect for value, but I'm confident it's more than the $4 I spent on it. Anyone have ideas on the value of it?

[GALLERY=media, 1647]14694898_10209498992144372_2004017351_n by miloxydia posted Oct 15, 2016 at 11:44 PM[/GALLERY][GALLERY=media, 1646]14686583_10209499001344602_993089096_n by miloxydia posted Oct 15, 2016 at 11:44 PM[/GALLERY][GALLERY=media, 1645]14658344_10209498992184373_334425228_n by miloxydia posted Oct 15, 2016 at 11:44 PM[/GALLERY][GALLERY=media, 1644]14643041_10209498999744562_713510606_n by miloxydia posted Oct 15, 2016 at 11:44 PM[/GALLERY]

 

Well going by the single listing on eBay, you've got a $180 game on your hands! Congratulations! But I doubt it would ever sell for that in a million years. If it were me, I'd put it up for auction at $0.99 and see how it goes.

 

Eh, I was more interested in a rough value rather than a "Put it up for auction and see what you get". I'm not really interested in selling it.

My guess is around maybe $70, $100 tops but really I have no idea.

 

Not interested in selling it but want to know a rough price? That's interesting.

I would agree with $100, at the end of the day it all depends on what the buyer is willing to pay.

 

Interesting maybe, I just like keeping an idea of what my collections worth. I've had things stolen before that weren't easy to place a value on, so I like to keep a rough idea of what everythings worth now.

Suppose if it was stolen now, I'd claim $180 and just buy that eBay sealed copy but I don't think that's actually what it's worth.

 

I think you need to say value more often

IF your insurance policy covers collectables, then it would be on a new-for-old basis, most likely. So you'd have to declare what it would cost to replace... which would be the lowest price you can obtain a copy for. If eBay is the only place with one, then that's the price. However, they may well say that items over $x should have been listed, or that you need to prove that you own it (and it was stolen). It is usual that you'd have to declare the total value of your valuables as standard (which is why it is perfectly reasonable to want to know a value without wanting to sell @DeChief ...although you'll want to declare as the price it would cost you to replace).

Plus you'll have an excess (deductible), which is the amount they expect you to pay of the claim. Here in the UK, it's usually £50-100. So say it's $100. You claim $180, they give you $80. Still $76 more than you paid. (And no, you can't declare it as more to cover the excess!)

 

It's probably not worth mentioning the premium I have for my insurance, but my deductible in the case of thefts is pretty low.
Plus if somebody came to rob me they wouldn't just grab one thing.

My other collectibles have taught me a bit about keeping things cataloged in case of theft, and I keep in the catalogue the values. Only sad that games don't have Serial Numbers.......

 

Keep receipts is about the only way. They don't prove current market (replacement) value, though.

Still check what your policy says specifically about valuables - is the excess per claim? And are you required to declare the total value of them? That's before a theft, not after.

Once that's confirmed (and you may well need to itemize valuables over a certain value), you're good to give them that as a market value on a new-for-old policy