WalterWhiteJr. | 1,197 Posted November 17, 2021 Share Posted November 17, 2021 I know... not another bubble bursting thread! No, that is not what this is. However in the last month or so, I have definitely noticed prices dropping across the board (sealed/CIB/loose). I am also seeing a lot of folks start to list more items, and those items are sitting. I am seeing the more popular games especially cooling. For example, Pokemon gameboy games have nosedived. Curious to hear other thoughts. Anyone else notice this trend? Link to comment Share on other sites More sharing options...
jonebone | 1,323 Posted November 17, 2021 Share Posted November 17, 2021 (edited) Well anyone who watched the last HA signature auction should have realized games were underperforming expectations and indicating a pullback. Edited November 17, 2021 by jonebone Link to comment Share on other sites More sharing options...
GPX | 1,385 Posted November 17, 2021 Share Posted November 17, 2021 Games going up more organically, drives public confidence. Games going up haphazardly creates confusion and a more cautious approach. I think also people are more understanding of pop reports and it’s relevance to gauging a genuine market flow. No one is dumb enough to throw crazy cash just because “they can”. We all have to use some common sense, if not now, then eventually. Link to comment Share on other sites More sharing options...
OptOut | 8,936 Posted November 17, 2021 Share Posted November 17, 2021 Covid bucks all spent, Christmas coming up, massing debts and missed work hours compounding??? Do I smell a recession on the horizon? 5 Link to comment Share on other sites More sharing options...
a3quit4s | 4,219 Posted November 17, 2021 Share Posted November 17, 2021 I dunno looking at the pricecharting NES game index https://www.pricecharting.com/console/nes November-Jan/Feb is normally a flatline for game prices since people ease up on spending money on themselves. The chart is starting to arch up from October 2021-November 2021 so from an NES standpoint we are actually out of the norm with prices rising during the holidays. Obviously not a comment on the entire market but NES has always been my demo model for the industry as a whole because I am a Nintendo fanboy. 1 Link to comment Share on other sites More sharing options...
WalterWhiteJr. | 1,197 Posted November 17, 2021 Author Share Posted November 17, 2021 4 hours ago, jonebone said: Well anyone who watched the last HA signature auction should have realized games were underperforming expectations and indicating a pullback. Agree for graded games. But I’m also noticing it for CIB and loose. Link to comment Share on other sites More sharing options...
WalterWhiteJr. | 1,197 Posted November 17, 2021 Author Share Posted November 17, 2021 2 hours ago, OptOut said: Covid bucks all spent, Christmas coming up, massing debts and missed work hours compounding??? Do I smell a recession on the horizon? You smell something 1 Link to comment Share on other sites More sharing options...
jonebone | 1,323 Posted November 17, 2021 Share Posted November 17, 2021 17 minutes ago, WalterWhiteJr. said: Agree for graded games. But I’m also noticing it for CIB and loose. That's normal Xmas seasonality, things usually taper Thanksgiving to Xmas before starting back up in swing next year / tax seasons. 1 Link to comment Share on other sites More sharing options...
LeatherRebel5150 | 1,075 Posted November 17, 2021 Share Posted November 17, 2021 You know every time you say it, you jynx it! Now prices will continue to go up again! 1 1 Link to comment Share on other sites More sharing options...
Philosoraptor | 474 Posted November 17, 2021 Share Posted November 17, 2021 I echo that things seem to be cooling off right now, but that doesn't mean the number of looneys adding "WATA" to their listing of a steamrolled, yet somehow $60 CIB of Top Gun has decreased. Link to comment Share on other sites More sharing options...
phart010 | 1,757 Posted November 18, 2021 Share Posted November 18, 2021 13 hours ago, OptOut said: Covid bucks all spent, Christmas coming up, massing debts and missed work hours compounding??? Do I smell a recession on the horizon? Nonsense. The Fed has discovered the secret of how to end recessions before they start and the US government will remain the greatest country this world has ever seen until the end of time. 2 Link to comment Share on other sites More sharing options...
Tanooki | 5,028 Posted November 18, 2021 Share Posted November 18, 2021 I'll be more impressed when cooling isn't the word, but more along the lines of the day after tomorrow. At this rate anything is an anomaly, too soon to call it. 1 Link to comment Share on other sites More sharing options...
GPX | 1,385 Posted November 18, 2021 Share Posted November 18, 2021 Just now, Tanooki said: I'll be more impressed when cooling isn't the word, but more along the lines of the day after tomorrow. At this rate anything is an anomaly, too soon to call it. An anomaly is the norm, and the normal is the anomaly. Link to comment Share on other sites More sharing options...
Andy_Bogomil | 825 Posted November 18, 2021 Share Posted November 18, 2021 No surprise with the Pokemon games considering how fast they went up this year... more of a correction there. Things always tend to go down a bit this time of year with Xmas shopping and year-end expenses coming in. As someone who hasn't really followed prices for the last few years, I am still shocked more than not when I look up sold listings on eBay. 1 Link to comment Share on other sites More sharing options...
Tanooki | 5,028 Posted November 19, 2021 Share Posted November 19, 2021 I have to agree with the Pokemon bit, but outside of that I need to see more research and proven trends. As much as it sucks to even look at VGPC given how bad those games have been reacting volatility and all that, their line graph wasn't off the mark much. Pokemon Red had been going upwards of 9000 new/sealed but ungraded down to 3000 (graded from a high of 21k down to 17k which is less of a hit obviously.) The sealed game took a huge smashing, no surprise I guess because even the 20% slide graded took will scare the pants off the next wannabe gold mine rush fool into buying another for profits. The CIS, or game, box, manual bits, took not much of a hit, similar to the graded. Hah guess I should have cashed out, yeah...no, that wasn't going to happen. Link to comment Share on other sites More sharing options...
Naked Warrior | 288 Posted November 25, 2021 Share Posted November 25, 2021 I haven't really noticed a dip in CIB...especially for clean/nice copies, and especially in the NES/GB/SNES/GBC/N64/GBA (Nintendo cardboard) areas where I play the most. Yeah, 30% pullback on Pokemon across the board was inevitable after that huge runup on what are some of the most heavily produced games of all time...there is so much supply out there, demand can never outstrip it...And the sealed market *sigh*...not to disparage sealed collectors, but there is just not enough "endgame" demand out there for the kind of prices that were/are being asked for. A vast majority of the people buying that stuff are either trying to flip it to another investor, or are protecting their investment hoping they don't get caught holding the bag. Yeah, there will always be demand for truly rare (1 of 10 in existence-type stuff) and impactful (Early SMB/Zelda) sealed games from ultra-high rollers/art collectors, but $50,000+ Pokemon games? There has to be thousands (tens of thousands?) of sealed Pokemon games in relatively good condition...I just don't see tens of thousands of people actually wanting to spend $50K on a piece of (pretty common) ornamental art...So yeah, I would guess that market is going to continue to decline as pop reports are released and the supply from all those people sending in their Mario 64s starts hitting the market. But I'm not clairvoyant, and my opinion is just that... 1 1 Link to comment Share on other sites More sharing options...
ThePhleo | 2,209 Posted November 25, 2021 Share Posted November 25, 2021 I would love nothing more than a cooling off of the markets in NES, but it's just the normal seasonal cycle. People are spending extra money on loved ones instead of themselves. What usually *does* go up in price around this time of year are loose fan favorite titles, and used consoles. 2 Link to comment Share on other sites More sharing options...
Grondorr | 50 Posted November 27, 2021 Share Posted November 27, 2021 As someone who collects loose, cib and sealed, I am seeing an overall pause in the market. Some things have pulled back. Other things haven't dropped, but volume has dropped. It really feels like FOMO is pausing and a bit of rationality is surfacing. I have to assume whatever is happening had to have correlations in other collectible markets and video games will somewhat move with them. (Guessing there is more analysis/data available for more mature markets.) I'll also add that even in the peak of the FOMO bubble (Q1 2021) there were not 10s of thousands of $50k+ Pokemon games. (Orders of magnitude less.. but soon enough we won't have to guess. pop reports will indicate how many Gem Mint cardboard Pokemon games are actually out there.) I'll also add that I'm shocked at the sheer number of people who had been buying games just to "flip". It will be interesting to see what happens when a bunch of flippers have to hold. 1 Link to comment Share on other sites More sharing options...
inasuma | 1,221 Posted November 27, 2021 Share Posted November 27, 2021 buy the dip meme? Link to comment Share on other sites More sharing options...
DefaultGen | 5,668 Posted December 1, 2021 Share Posted December 1, 2021 Are you guys out of space or money Link to comment Share on other sites More sharing options...
NintendoTwizer | 123 Posted December 1, 2021 Share Posted December 1, 2021 37 minutes ago, DefaultGen said: Are you guys out of space or money Can't it be both. Link to comment Share on other sites More sharing options...
T-Pac | 7,774 Graphics Team · Posted December 1, 2021 Share Posted December 1, 2021 3 hours ago, DefaultGen said: Are you guys out of space or money Yes. -CasualCart 2 Link to comment Share on other sites More sharing options...
Tanooki | 5,028 Posted December 2, 2021 Share Posted December 2, 2021 Out of tolerance, how about that? I've said I've been fed up, acting on it now, closed out my ebay sales, done with feeding and recirculating the beast. Link to comment Share on other sites More sharing options...
OptOut | 8,936 Posted December 3, 2021 Share Posted December 3, 2021 On 12/2/2021 at 4:26 AM, DefaultGen said: Are you guys out of space or money No. 1 Link to comment Share on other sites More sharing options...
Strange | 1,727 Posted December 3, 2021 Share Posted December 3, 2021 On 12/1/2021 at 2:26 PM, DefaultGen said: Are you guys out of space or money My money runs out a lot quicker than my FOMO. help 1 1 Link to comment Share on other sites More sharing options...
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