Goldin Auctions Video Game Consignment Director Introduction & NEW AUCTION - I'm here to help & make us all money!

[WalterWhiteJr. | 1,162]

1 hour ago, Gulag Joe said:

SNES Mortal Kombat sold for nearly $80,000 when you add the BP. Though I believe the Genesis version should sell for at or above that, it relies solely on the buyers with money who are entering the hobby and their impulses and speculations.

Do I think Mario 64 should've sold for 1.5 million? No. I don't think there is a cultural significance around that game for it to sell so high. I attribute it to the buyers at the time who had the money to spend and speculated that that would be the best way to go with the games that were available at the time.

You all can dog me on that, but all of you had a mouth full of hot dogs screaming to the sky "GAWD, WHY DID THEY SPEND THAT MUCH ON A VIDEO GAME" so I tried to explain that for some of you.

There are games that knocked it out of the park in this auction- MK, Double Dribble, Tecmo Bowl oval, SM2. Sports and fighting games (Street Fighter 2) sales make sense as they would appeal to Goldins audience.

The VGA results are certainly concerning. Overall, I think GA could improve their marketing plan behind auctions like this. Boost their geotargeting efforts and visibility. This one went from "send us your games" in the beginning of this thread and then there was a long down time and lack of mention about the actual auction for a good 6 weeks.

Stop it. None of it makes sense. None of these games are “worth” anywhere near where they are selling at. How many games were 1. Bought by fractional share companies, 2. Bought by Wata/HA affiliates, 3. Shilled up by people with vested interests in them performing well (or even by the sellers themselves)? The only thing that last night proves is that Karl is right. The high end of this market is all pent up on utter crap. 

[ExplodedHamster | 404]

8 hours ago, OptOut said:

Congratulations to @ExplodedHamster for selling the highest priced Super Mario 64 that will ever sell! 

Hit it RIGHT at the peak there on that one, good work! As for the BUYER of that one, well... 

My guess is the buyer is probably doing ok for himself or herself one way or another, so none of us should lose sleep lol. I figured mine would hit 500k or so, so I’d still be quite happy as a seller at the 780k. 
 

The big question on these are how will they shake out long term? I think there are three 9.8/A++ now, let’s say within 5 years you get up to 6-7. What’s that worth? Who knows. 

[WalterWhiteJr. | 1,162]

4 minutes ago, ExplodedHamster said:

My guess is the buyer is probably doing ok for himself or herself one way or another, so none of us should lose sleep lol. I figured mine would hit 500k or so, so I’d still be quite happy as a seller at the 780k. 
 

The big question on these are how will they shake out long term? I think there are three 9.8/A++ now, let’s say within 5 years you get up to 6-7. What’s that worth? Who knows. 

Dude. Stop it. 6-7 within 5 years? We’ve seen another 9.8 A++, 95 and 9.6 A++ pop up in 8 weeks. Try 60-70. 

[WalterWhiteJr. | 1,162]

BuT tHeY aRe RaRe. ThE mArKeT iS sTrOnG!

[ExplodedHamster | 404]

38 minutes ago, WalterWhiteJr. said:

Dude. Stop it. 6-7 within 5 years? We’ve seen another 9.8 A++, 95 and 9.6 A++ pop up in 8 weeks. Try 60-70. 

Who’d have thought a mere 1.5 million dollar sale would have brought out some of the highest graded items!? 

This reminds me of when people said there were thousands of matte Mario CIBs because a handful came out after the 25k or whatever sale (which was crazy insane at the time). Then they basically disappeared. Without a massive warehouse find, which is I suppose possible, it’ll be nowhere near 60-70 in 9.8/95. VGA got a handful in 15ish years, and I think 4 of the 5 were from the same single casepack they got in that time? It’s very tough to get 9.8 or 95 N64 that are not from casepacks. Possible, but real hard. And most casepack games have that notorious N64 side corner indent anyway, which would prevent a 9.8 from WATA. 
 

But where video games and collectibles in general are in 5 years is anyone’s guess. The past two years have been beyond insane across collectibles. There’s no way it can just keep going. 

Edited September 19, 2021 by ExplodedHamster

[Gulag Joe | 584]

1 hour ago, WalterWhiteJr. said:

Stop it. None of it makes sense. None of these games are “worth” anywhere near where they are selling at. How many games were 1. Bought by fractional share companies, 2. Bought by Wata/HA affiliates, 3. Shilled up by people with vested interests in them performing well (or even by the sellers themselves)? The only thing that last night proves is that Karl is right. The high end of this market is all pent up on utter crap. 

Welp, it's too bad reality is against you on this one. Those are the sale prices, so that's their worth right now. How about you support capitalism instead of trying to impose socialism by forcing everyone to pay lower prices for video games!

[Californication | 1,477]

8 minutes ago, Gulag Joe said:

Welp, it's too bad reality is against you on this one. Those are the sale prices, so that's their worth right now. How about you support capitalism instead of trying to impose socialism by forcing everyone to pay lower prices for video games!

Reaching much?

[OptOut | 8,889]

12 minutes ago, Gulag Joe said:

Welp, it's too bad reality is against you on this one. Those are the sale prices, so that's their worth right now. How about you support capitalism instead of trying to impose socialism by forcing everyone to pay lower prices for video games!

[captmorgandrinker | 1,649]

5 minutes ago, Californication said:

Reaching much?

Pretty sure his reply was sarcasm.

[Californication | 1,477]

Just now, captmorgandrinker said:

Pretty sure his reply was sarcasm.

Hard to tell with all the other upside down things he says.

[3rdStrongestMole | 430]

12 hours ago, AnimalHouse said:

Whoever won Super Mario 64 for $650,000, got a great deal!

This line... 2 years ago

[OptOut | 8,889]

7 minutes ago, 3rdStrongestMole said:

This line... 2 years ago

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

[CodysGameRoom | 2,008]

25 minutes ago, OptOut said:

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

Thought this forum was rated PG. Shook.

[Gulag Joe | 584]

28 minutes ago, OptOut said:

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

I'll hold you to that! It would be wise if the auction houses hold off listing another for at least a year. You know, create scarcity through limiting availability. Then we can really hear about it for market manipulation!

[captmorgandrinker | 1,649]

43 minutes ago, OptOut said:

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

Quoted for posterity!   Still waiting for that other guy to soil his garments because Dra600n showed up.

[tidaldreams | 654]

8 hours ago, jonebone said:

Personally, this is exactly why I wouldn't have auctioned anything at GA until at least first seeing results.  There were some strong sales (Marvel Vs. Capcom PS1 AT $48K?!?) but the studs didn't blow up or underperformed expectations.  It is crazy at the price disparity between Wata and VGA though, will be interesting to see how CGC falls in the pecking order eventually.

Maybe the sports collectors don't go for the Marios/Zeldas/Pokemons and instead prefer the Mortal Kombats/Tony Hawks of the world? I mean, I have no idea what I'm talking about here, all I know is if this happens in the next one where they will apparently have more of the "reasonably-priced" games, I will be buying up a ton of them 

Side note, not exactly sure how they are calculating the final price after BP, because it looks like they are overcharging.

SM64 here should be $650k * 1.2 = $780k after BP.

[GPX | 1,370]

8 hours ago, ExplodedHamster said:

Who’d have thought a mere 1.5 million dollar sale would have brought out some of the highest graded items!? 

This reminds me of when people said there were thousands of matte Mario CIBs because a handful came out after the 25k or whatever sale (which was crazy insane at the time). Then they basically disappeared. Without a massive warehouse find, which is I suppose possible, it’ll be nowhere near 60-70 in 9.8/95. VGA got a handful in 15ish years, and I think 4 of the 5 were from the same single casepack they got in that time? It’s very tough to get 9.8 or 95 N64 that are not from casepacks. Possible, but real hard. And most casepack games have that notorious N64 side corner indent anyway, which would prevent a 9.8 from WATA. 
 

But where video games and collectibles in general are in 5 years is anyone’s guess. The past two years have been beyond insane across collectibles. There’s no way it can just keep going. 

The difference between the NES and the N64 are 10+ years between productions. It would make sense that a casepack for a NES game is much rarer because hardly anyone was into collecting video games back in the 80s. By the time the N64 came out, you would think there are a lot more collectors emerging by the early 2000s. So one would think there are more N64 casepacks somewhere out there than the NES case packs. Even without casepacks, the potential for an N64 9.8 A++ game existing is definitely going to be higher than a NES game.

Agreed with your last sentence. There’s no way all this price gouging hyperbole can sustain itself.

[GPX | 1,370]

7 hours ago, OptOut said:

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

I think that’s a bit of an early call. But I’ll gladly donate $10 for the cause should you end up losing 2 balls. 

[Californication | 1,477]

7 hours ago, OptOut said:

If the next Mario 64 WATA 9.8 A++ hits 500K I will eat my balls.

Might want to pick a different hill.

[inasuma | 1,203]

11 hours ago, WalterWhiteJr. said:

BuT tHeY aRe RaRe. ThE mArKeT iS sTrOnG!

I just want to point something out that I’ve said like half a dozen times at this point.

Rarity does have a direct relationship with price. If it did, base set unlimited charizard wouldn’t cost $300 near mint raw.

The fact is a huge number of folks grew up with Mario 64. I’d argue it’s probably one of, if not the, central theme of most people’s gaming experience on n64.

Is the price inflated on SM64? Probably. But it’s still highly in demand. The vga 95 price is probably more realistic for mint condition/graded. We should generally expect the price to stay high even if we had hundreds suddenly.

Edited September 20, 2021 by inasuma

[OptOut | 8,889]

2 hours ago, Californication said:

Might want to pick a different hill.

I mean, admittedly my balls aren't what they used to be, not since the vasectomy anyway! 

But yeah, fuck it, I'll stand by it. If the next Mario 64 goes for 500k I'll fish my fuggin balls out the wife's handbag and down em in one! 

[Gloves | 11,790]

9 minutes ago, OptOut said:

I mean, admittedly my balls aren't what they used to be, not since the vasectomy anyway! 

But yeah, fuck it, I'll stand by it. If the next Mario 64 goes for 500k I'll fish my fuggin balls out the wife's handbag and down em in one! 

Alright everyone, let's get started pooling our funds. 

[Californication | 1,477]

1 minute ago, Gloves said:

Alright everyone, let's get started pooling our funds. 

Read All About it:

Video Game Sage to begin selling shares in sealed Mario N64. Collector community want to take advantage of visible growth.

[Gloves | 11,790]

Just now, Californication said:

Read All About it:

Video Game Sage to begin selling shares in sealed Mario N64. Collector community want to take advantage of visible growth.

Video game community found to be pooling funds to watch man eat his own testicles. More at 7.

[Californication | 1,477]

1 minute ago, Gloves said:

Video game community found to be pooling funds to watch man eat his own testicles. More at 7.

tOmato tomAto