WATA Pop Reports are HERE

[a3quit4s | 4,102]

45 minutes ago, MrWunderful said:

Is someone from wata selling it? Maybe 10 mil. Or 100 milion. A billion? 

I’m still very suspicious that any money actually changed hands for the sale of that game. Or if you count heritage transferring money from their offshore account to their American account then sure. 

Edited July 31, 2023 by a3quit4s

[final fight cd | 186]

5 minutes ago, a3quit4s said:

I’m still very suspicious that any money actually changed hands for the sale of that game. Or if you count heritage transferring money from their offshore account to their American account then sure. 

Isn’t the seller of the m64 a member here? And wasn’t the buyer the owner of reddit?   I think it’s safe to say money was transferred. 

[a3quit4s | 4,102]

8 minutes ago, final fight cd said:

Isn’t the seller of the m64 a member here? And wasn’t the buyer the owner of reddit?   I think it’s safe to say money was transferred. 

Well congrats to the member here if they are! Now that you mention it it rang a bell that maybe the seller is a member. I think I remember seeing a thread somewhere. 

[DefaultGen | 5,407]

15 minutes ago, a3quit4s said:

Well congrats to the member here if they are! Now that you mention it it rang a bell that maybe the seller is a member. I think I remember seeing a thread somewhere. 

You mean condolences for giving up a blue chip collectible that can only increase in value

[Code Monkey | 2,011]

28 minutes ago, final fight cd said:

Isn’t the seller of the m64 a member here? And wasn’t the buyer the owner of reddit?   I think it’s safe to say money was transferred. 

Armageddon Potato I think.

[guitarzombie | 924]

Exploded Hamster.

 

[MrWunderful | 2,927]

4 hours ago, MrWunderful said:

Is someone involved with any of the pandemic graded game shadiness selling it? Maybe 10 mil. Or 100 milion. A billion? 

I want to clarify the statement. I edited because I did not want to insinuate that anybody who actually worked for the company there would be in on it.  That seems very unlikely. I do believe, in my opinion, that these “big spenders” that were spending insane amounts of money during the height of the craze at the pandemic are not entirely ethical. 
 

The guy here that sold it, is 100% legit and a trust worthy guy. I would wager the majority of collectors that buy and sell are legitimate as well.

Edited July 31, 2023 by MrWunderful

[MrWunderful | 2,927]

3 hours ago, a3quit4s said:

I’m still very suspicious that any money actually changed hands for the sale of that game. Or if you count heritage transferring money from their offshore account to their American account then sure. 

That money did, im sure.
 

However, Buying something like that with manufactured hype that has no comparable items of that scale, drove up the “lower” graded (as in, not the highest) along with minty sealed for the hope that you get the next 1 mil plus game.
 

Which if you had the capital, you could snatch up as much of that pre purchase lower-high grade slabbed and mint raw games for the after purchase flip.

 

My future moneys on no game sells for over a mil again outside of some other historical/pop culture context. 
 

Also, how did something packaged on an assembly line like 30 million others by a robot magically be in so much better amazing condition

[GPX | 1,370]

18 hours ago, fcgamer said:

Nobody cares though! Literally nobody, aside from you and a couple investors with deep pockets.

Find somebody who has this on their bucket list, sealed, in that condition. Likely the vast majority of Mario 64s produced and then sold weren't even in that condition from shipping carton to display shelf...so is there some sort of nostalgic appeal here that wouldn't be satisfied with a B+ or A- rating sealed? 

The only folks who care about this are part of that incestuous club of WATA sealed worshippers. Nobody else cares, TBH I'd much rather own that golf peripheral than this, any day of the week, and I reckon the vast majority here would agree with me.

Yeah sealed Mario 64s in high grades make me go from hard to soft, almost make me wonder if I should be taking viagra. I prefer actual grails rather than investor-fueled ones.

I think most sealed collectors would love to own a Mario 64 9.8 A++. Heck, I’d imagine any CIB collector would love to own a Mario 64 9.8A++.
 

The condition is the rarity here. However, the issue is more “does this item warrant the HA price?” I doubt anyone on here would think so (except @Gulag Joe).

 

[Gulag Joe | 582]

52 minutes ago, GPX said:

I think most sealed collectors would love to own a Mario 64 9.8 A++. Heck, I’d imagine any CIB collector would love to own a Mario 64 9.8A++.
 

The condition is the rarity here. However, the issue is more “does this item warrant the HA price?” I doubt anyone on here would think so (except @Gulag Joe).

 

Let me be clear here in saying I would never pay that for that game. Maybe Ken Griffey Jr. baseball for SNES, but not SM64. I was a PlayStation person, not N64. Regardless, the price was achieved, the rarity is there, and pop culture history was made. This is why I don’t think it will sell for less next time around. Remember when we all thought the Virgin Mary grilled cheese was ridiculous? Who would pay $16,000 for a half eaten grilled cheese sandwich. Look how that turned out.

Edited August 1, 2023 by Gulag Joe

[Link | 2,714]

53 minutes ago, Gulag Joe said:

This is why I don’t think it will sell for less next time around. Remember when we all thought the Virgin Mary grilled cheese was ridiculous? Who would pay $16,000 for a half eaten grilled cheese sandwich. Look how that turned out.

So the next Virgin Mary grilled cheese will sell for more? 

[Gulag Joe | 582]

3 minutes ago, Link said:

So the next Virgin Mary grilled cheese will sell for more? 

There are only 2 more copies of SM64 out there than there are that now priceless grilled cheese!

[fcgamer | 4,727]

24 minutes ago, Gulag Joe said:

There are only 2 more copies of SM64 out there than there are that now priceless grilled cheese!

Aside from the ones that aren't discovered / publicly shared.

[Code Monkey | 2,011]

16 hours ago, MrWunderful said:

Also, how did something packaged on an assembly line like 30 million others by a robot magically be in so much better amazing condition

It wasn't robots.

 

[final fight cd | 186]

5 hours ago, Gulag Joe said:

Let me be clear here in saying I would never pay that for that game. Maybe Ken Griffey Jr. baseball for SNES, but not SM64. I was a PlayStation person, not N64. Regardless, the price was achieved, the rarity is there, and pop culture history was made. This is why I don’t think it will sell for less next time around. Remember when we all thought the Virgin Mary grilled cheese was ridiculous? Who would pay $16,000 for a half eaten grilled cheese sandwich. Look how that turned out.

The vast majority, if not every game,  that has sold on HA during its peak has taken a nose dive in price.  Some have taken HUGE, monumental loses.  Which I’m sure you are well aware. 
 

Why is your confidence so high that this game would be the outlier and exceed its previous sell?

what is an example of a game that sold during the peak and then later sold for a profit?

Edited August 1, 2023 by final fight cd

[DefaultGen | 5,407]

30 minutes ago, Code Monkey said:

It wasn't robots.

 

My untouched by human hands Famicom investments are RUINED

[Code Monkey | 2,011]

44 minutes ago, final fight cd said:

The vast majority, if not every game,  that has sold on HA during its peak has taken a nose dive in price.  Some have taken HUGE, monumental loses.  Which I’m sure you are well aware. 
 

Why is your confidence so high that this game would be the outlier and exceed its previous sell?

what is an example of a game that sold during the peak and then later sold for a profit?

Sure..........that's the definition of peak. If they didn't decrease in value, it wouldn't have been a peak.

People here don't seem to realise why the values rose. Sure it had some to do with Covid but the real reason is the extra disposable income that arose from the Bitcoin halving. I've said this before, every 4 years Bitcoin goes through a halving process which causes miners to receive half of the amount of Bitcoin they did for the previous 4 years. This causes a scramble to purchase it and cryptocurrency explodes from all the purchasing, it happened in 2016, 2020 and it will happen again in 2024. Each time the halving occurred, Bitcoin jumped by a multiplier of about 2.5 which means next year when Bitcoin halves and makes another run, video game prices will once again explode and you'll see another 2 million dollar Mario game sale.

If you want to guarantee a triple on your investment, put everything you can into Bitcoin for the next 1-2 years.

[MrWunderful | 2,927]

1 hour ago, Code Monkey said:

It wasn't robots.

 

Which helps my case, thank you

[The Count | 527]

7 hours ago, GPX said:

I think most sealed collectors would love to own a Mario 64 9.8 A++. Heck, I’d imagine any CIB collector would love to own a Mario 64 9.8A++.
 

The condition is the rarity here. However, the issue is more “does this item warrant the HA price?” I doubt anyone on here would think so (except @Gulag Joe).

 

I think you're right, however, the price isn't set by us. The price is determined by the bidders. Look at similar precedents such as PSA 10 Charizard, $1,000 T-206 Wagners in the '70's, high grade PSA graded '52 Topps Mantles, loose Stadium Events purchased in the mid-aughts, etc. While it's not guaranteed by any means, those buyers were ahead of their time.

[guitarzombie | 924]

2 hours ago, DefaultGen said:

My untouched by human hands Famicom investments are RUINED

[Gulag Joe | 582]

6 hours ago, Code Monkey said:

Sure..........that's the definition of peak. If they didn't decrease in value, it wouldn't have been a peak.

People here don't seem to realise why the values rose. Sure it had some to do with Covid but the real reason is the extra disposable income that arose from the Bitcoin halving. I've said this before, every 4 years Bitcoin goes through a halving process which causes miners to receive half of the amount of Bitcoin they did for the previous 4 years. This causes a scramble to purchase it and cryptocurrency explodes from all the purchasing, it happened in 2016, 2020 and it will happen again in 2024. Each time the halving occurred, Bitcoin jumped by a multiplier of about 2.5 which means next year when Bitcoin halves and makes another run, video game prices will once again explode and you'll see another 2 million dollar Mario game sale.

If you want to guarantee a triple on your investment, put everything you can into Bitcoin for the next 1-2 years.

 

[inasuma | 1,203]

11 hours ago, Code Monkey said:

Sure..........that's the definition of peak. If they didn't decrease in value, it wouldn't have been a peak.

People here don't seem to realise why the values rose. Sure it had some to do with Covid but the real reason is the extra disposable income that arose from the Bitcoin halving. I've said this before, every 4 years Bitcoin goes through a halving process which causes miners to receive half of the amount of Bitcoin they did for the previous 4 years. This causes a scramble to purchase it and cryptocurrency explodes from all the purchasing, it happened in 2016, 2020 and it will happen again in 2024. Each time the halving occurred, Bitcoin jumped by a multiplier of about 2.5 which means next year when Bitcoin halves and makes another run, video game prices will once again explode and you'll see another 2 million dollar Mario game sale.

If you want to guarantee a triple on your investment, put everything you can into Bitcoin for the next 1-2 years.

I knew it. Bitcoin manipulated the games market and committed laundry.

[GPX | 1,370]

On 8/2/2023 at 3:50 AM, The Count said:

I think you're right, however, the price isn't set by us. The price is determined by the bidders. Look at similar precedents such as PSA 10 Charizard, $1,000 T-206 Wagners in the '70's, high grade PSA graded '52 Topps Mantles, loose Stadium Events purchased in the mid-aughts, etc. While it's not guaranteed by any means, those buyers were ahead of their time.

There are 2 separate issues that I feel a lot of people are confused about:

1. Do I agree that the price is worth whatever someone’s willing to pay for an item? Yes absolutely, I will never have objections to this.

2. Do I think every transaction in the realm of collectibles are fair and purchased by only passionate collectors? No, I think bidders are a mix of fair, hype and market manipulation. 

It needs to be said that it’s in my best interest that sealed games go up in value, because I have some in my personal collection. However, I also don’t want to turn a blind eye with some shonkiness, because this would invite more and more shonkiness to occur. Ultimately, I want the hobby to progress healthily, not irrationally and excessive absurdity. 

[Tyree_Cooper | 755]

i want prices to be high only when i sell. when i buy i want them dirt cheap

[CIB_Wholesale | 418]

5 hours ago, GPX said:

There are 2 separate issues that I feel a lot of people are confused about:

1. Do I agree that the price is worth whatever someone’s willing to pay for an item? Yes absolutely, I will never have objections to this.

2. Do I think every transaction in the realm of collectibles are fair and purchased by only passionate collectors? No, I think bidders are a mix of fair, hype and market manipulation. 

It needs to be said that it’s in my best interest that sealed games go up in value, because I have some in my personal collection. However, I also don’t want to turn a blind eye with some shonkiness, because this would invite more and more shonkiness to occur. Ultimately, I want the hobby to progress healthily, not irrationally and excessive absurdity. 

 

healthy means you can match a comp or get pretty near to it. no one can come close to HA comps

HA owns nearly every sealed game sold high score despite starting a few years ago and using 2 zoomed out no detail pics

 

right.

Edited August 3, 2023 by CIB_Wholesale