CIB_Wholesale

Great find from @DefaultGen at 16 minutes

"the other subpurpose to the site was to draw out other collectors
i was bidding against alot of guys during that peroid of time on ebay
it was the same guys over and over again that i kept bidding against
litterally charging eachother a fortune
by building the site (nintendoage) i started contacting people i was competing against on ebay when you could see who you were bidding against
I started inviting them to the site
... i dk if you know who braveheart is? yeah.
he and i probably cost eachother thousands of dollars in the mid 2000s on games that we otherwise would have said 'hey you take this one i'll take the next one'
it allowed me to draw a lot of collectors out in the open
see what others are collecting
make contacts
find trades
i think even really to this day that's what's been really advantageous about the site to be a focal point for a lot of these collectors to come together and do trades"

-DAIN a long time ago

if that's why he built the site then destroying the site would do the opposite

VGS TTM !!!!

the prices were only large on 1 particular site

ebay almost never gets above 5k on anything in open auction

none of the old graded collectors got any world record auction prices

there's no such thing as a HA comp because you cant list 1 thing you have to go thru a large approval process and submit an entire batch so dividing things into ' 1 comp' is nonsense; you would need the entire batch to determine what kind of DELTA you're getting overall from price charting

On 11/12/2023 at 9:01 AM, a3quit4s said:

I wasn’t hating on the hussle, just making sure you saw this

i learned the last few years it's OK to talk about your gambling addiction

u got to slow down

lololol jk

but for real i probably would have broke even on .75 but having most of it stay on VGS was what made me bite the losses . made it a lot easier. just imagine of some of those HA consignors had been on VGS this place would be full of cash

1 hour ago, a3quit4s said:

I feel like @CIB_Wholesale would move on this for maybe like 50-60% of value but at that rate, maybe more. But at that rate it would be close to what a local shop may offer. Depending on the shops finances though they may not even take it all and they are definitely not giving you the same percentage of trade for common games. 

bro i lost a fortune liquidating my collection. it's not like i was buy/resell/buy/resell that stuff was from the early 2000s when i was collecting big titles

glad to be done with it . you either have to do the dressup willy wonka stuff for 1.2 price charting or take .5-.6 wholesale there's really no inbetween

On 11/8/2023 at 10:16 AM, DefaultGen said:

You guys are still talking about video games? Lmao, everyone collects concert posters now. Get with the times.

You guys are still talking about Concert posters? Lmao, everyone collects 2 dollar bills now. Get with the times.

https://www.wbaltv.com/article/do-you-know-how-much-your-dollar2-bills-are-worth/45793633

23 minutes ago, RegularGuyGamer said:

 until I'm a boomer. 

not possibel! they are the most unique generation to ever exist by being the biggest and fastest growth

billionaire class probably has .0000001% video game collectors. little bit less in the millionaire class. guaranteed to flip on its head

Have you ever talked to a boomer? they give you 25 cents for mowing the lawn (worth atleast 25 dollars! 100x value) i'd imagine all those s&p portfolios have credit cards taken out on the principle

they say stuff like 'pokemans' and 'u should get off that video game and join a dance club. back in my day we rode RVs to the concert

bulk of your S&P 500 holders

too much listening to harry wrinkles. he's trying to unload his portfolio

2 hours ago, RegularGuyGamer said:

To be fair, gold is a bad investment with little to no room for growth. Better of buying shares of the S&P500

ya i agree with that. but actually both are like that

s&p 500??????

isnt that what all the boomers are holding ? im going to wait for the price to correct on that one

12 minutes ago, RH said:

 

ears of people with deep pockets who probably look down at eBay.  To me, I could see there being a class of people that see buying from eBay like buying at Target.  These more wealthy types wouldn't be caught in a store with esteem less than a Neihmann-Marcus and even then, that's on a rare case need.

 

the games might have been chosen because they have 0 ebay comps so it would be believable

that's for rare titles.

for something like mario 64 to send a 9.8A++

but from my experience selling ultra mint the buyers ask for 1,000,000,000 megapixel 100 photos for each corner

and they post ----far away--- super bright -- washed out the details ----- pics

it doesnt make sense

10 hours ago, Tyree_Cooper said:

Like 38k was a good price lol

agreed. everything is still 10x overpriced.... so is this the dump part of pump and dump? to pump 100x and dump at 10x?

I just imagine someone standing in front of 20oz of gold and resident evil (a 1k price charting game) and they choose RE

looking at ebay.... the most recent highest comps  auctions are zelda 1 at 20k,  duck hunt early print 10k, drac x snes 8k .....................

it makes no sense

97% drop and the prices are still 10x overpriced'

how do they get so much more than ebay without showing 1,000 Megapixel up-close photos?

good rushnattack comp tho that one was priced right

16 hours ago, GPX said:

Another take is if we flip it around, and eBay prices suddenly go 10-100 times that of general going prices from yesterday. If these prices aren’t found as high in any other selling platforms, how would we believe the eBay market now?

well back in the NA days would be debates about certain ebay auctions being shilled. that conversation is basically evaporated. somehow ebay is this low comp and YOUR item is surely to land equal or MORE than price charting. sometimes OBVIOUSLY 2-3X price charting

I think this video does a good job of explaining it. Your really cant win over and over and over and over again  by miles.  It's not possible because of math. Each one of those huge prices has atleast 1 2nd bidder who is claiming they are willing to pay close to the same amount. That 2nd bidder should carry over to other venues......

and yes to your point a site like ebay would be the first site to show gains.

not a site with no where close to the traffic as ebay 

all or most your sealed games are from the RB collection provenance

remember when they forgot to add that to all the provenance

2 hours ago, jonebone said:

People need to remember it's not title specific and it's just the entire collectible market in general.  I think the Zelda II 9.8 A+ was sold at $102k and then closed at $14kish this weekend too (same exact copy).  Crazy sports cards sold for $750k+ that have barely hit $100k when relisted recently too.  

The thing about markets is that they go way higher than they should when money is flowing easily and people are spending recklessly.  Then they bottom out way lower than they should when money is tight, people are scared and are being very careful with their purchases.  

The case has always been not to spend more than you can afford to lose.  

if dennys stars charging 10-20x for their pancakes on a special plate why wouldnt collectors just go to ihop?

the eBay comps are radically different

i'm supposed to believe the plate the pancakes are served on make the price worth 10-20x ????

1 hour ago, Gulag Joe said:

Consign it to heritage

wat is that?

is that the one where the ceo popped the coin bubble in the 80s?

I couldnt put my reputation towards something like that

8 hours ago, ExplodedHamster said:

The Mario 64 9.8 was a VGA 90+ cross . 

I will say this. For whatever reason, VGA in the past was lenient on their N64 games when it came to conditions of the box. Their grades for N64 are very seal-heavy. It's not really that way with other cardboard consoles, but for some reason it is with N64. I think there is so much air in those boxes they decided to be a bit more lenient on the box and focus primarily on the seal, more like modern games. However, once you get to 90-90+ or so, the box had to be really nice as well. It's really in the 85+ that you'd see some noticeable box damage. 

Look at this one, for example, that sold tonight. Pretty bad visible box damage on the front left top corner, but the seal is basically perfect as it's uncirculated:

The Legend of Zelda: Ocarina of Time - VGA 85+ NM+ Uncirculated | Lot #28082 | Heritage Auctions (ha.com)

With NES, though, an 85+ the box is more often than not going to cross over to the higher end of the 9.2 to 9.8 range. Most of mine were 9.6 I'd say, and the seal would almost always be A+ or better. 

bro i have 0 offers of all time since i ever got it

12 minutes ago, GPX said:

I think a WATA 9.8 A++ is the rough equivalent of a VGA90. I agree with you that there shouldn’t be much discrepancies in the prices between the 2 graded companies with the high end condition, yet the difference is > $1 million dollars in the case of the Mario 64 9.8 A++? Which doesn’t make any sense in a collecting/investing logic.  

Though there are separate issues going on:

- how sus are the overall HA bidders with the 6-7 figure bids? Are they all legit buyers?

- how sus are the associations between WATA and HA and how much was it smart marketing versus illegal market manipulation and outright lies?

ya i assume the 90 would sell for around 5k at auction but it doesnt have any offers

most of the collectors have a decent copy or would just wait for one to come up under 1k

12 minutes ago, DefaultGen said:

I dunno what we're talking about now but I just want to argue. Counterpoint: This VGA 90 from 2 weeks ago is ugly afff

that loooks 1,000x better than the tomb raider

34 minutes ago, ThePhleo said:

>_> wat.

do you think 9.8 is better than 90

33 minutes ago, ThePhleo said:

What ad?

Pawn Stars is a reality tv show and Wata is not the producer, editor, or creator of the show.

u know i was going to go into a big paragraph about those details but you're just going to ding and microflap everything

I'm sure that'll happen in the lawsuit too. and it'll get thrown out or minimized or the prezident will pardon everyone

real collectors know this one is better than the 9.8 mario 1.56

and when we both take the skirts off and make valuations with the eyes all the collectors will prefer this one

not because u can directly tell but because none of the other 90s. --- i mean 0 (zero, none, nada, not 1) 90s i have ever seen--- have holes, waterstains and damage like this tomb raider 9.8 does. many other examples too

so it's the reputation of VGA 90 that makes this one so much better than the 9.8 that sold for millions. not really the particulars of the individual games themselves. im confident any collector that values condition will know it too

no amount of money is going to fix that problem

dang i was just about to test launch my submersible

12 hours ago, ThePhleo said:

 

Also, prior to the Karl Jobst expose,

have you seen these points about the FTC act?

I still dont understand why they shouldnt have to disclose those relationships during the ad

4 minutes ago, Gloves said:

What's this have to do with collecting exactly?

billy mitchels restaurant. plz move to the right place

...

everything else? im not sure where it goes

https://www.bizbuysell.com/Business-Opportunity/Rickey-s-Restaurant-and-Sports-Bar-for-sale-Over-48-years-in-business/1950927/

1 minute ago, fcgamer said:

Well I'm not too upset either, as each dog must have it's day. You mess with a man and tens of thousands if not millions, then well...I pity anyone screwing someone over for more than a pittance.

the person most screwed over was whoever consigned the high end NES near the beginning of the whole thing

they have a huge case for consigning under false pretenses

1 minute ago, fcgamer said:

If you aren't part of the group, you can't enter into it, period. That's my thought anyways. If I had my druthers, anyone who made tens of thousands in wata , I'd investigate into them too as being involved in the scam.

i'm not too upset because they're showing their midriff thru comics. they cant do the scam with comics anymore because the comics were manufactured to achieve this same modus operandi. im sure the comic investors are exhausted with it