cromag27 | 46 Posted March 16, 2021 Share Posted March 16, 2021 (edited) oh and the smb box/manual only, lol. Edited March 17, 2021 by cromag27 1 Link to comment Share on other sites More sharing options...
GPX | 1,369 Posted March 17, 2021 Share Posted March 17, 2021 Anyone know the rough demographics of these HA buyers of 6 digit figures? A/S/L? Link to comment Share on other sites More sharing options...
OptOut | 8,881 Posted March 17, 2021 Share Posted March 17, 2021 53 minutes ago, GPX said: Anyone know the rough demographics of these HA buyers of 6 digit figures? A/S/L? What, you mean you're NOT regularly dropping 5 and 6 figures on games?! Git gud scrub! 1 Link to comment Share on other sites More sharing options...
GPX | 1,369 Posted March 17, 2021 Share Posted March 17, 2021 3 minutes ago, OptOut said: What, you mean you're NOT regularly dropping 5 and 6 figures on games?! Git gud scrub! Well at least I can confess I’m not in those “elite” group. Even if I had the dough to spend (6 digits) and spending it, my missus might literally hire a hitman for my execution. Or worse, she might be THE hitman! 1 Link to comment Share on other sites More sharing options...
DefaultGen | 5,397 Posted March 17, 2021 Share Posted March 17, 2021 1 hour ago, GPX said: Anyone know the rough demographics of these HA buyers of 6 digit figures? A/S/L? 3+ old men in a trenchcoat, probably Florida. Is there an actual end collector at the super high end beside the Pets.com guy who bought the Nintendo Playstation? It’s probably an investor group similar to the 100k Mario. If it sells for crazy money and they have dozens of other sealed Mario games, everyone wins. 1 Link to comment Share on other sites More sharing options...
Dumars2001 | 164 Posted March 17, 2021 Share Posted March 17, 2021 These current prices are unreal and unprecedented already, so who knows what the final prices are going to be, but they already are breaking records! if you are looking to buy any nice copy in any form of these games(sealed, graded, cib, cartridge, etc) I would recommend buying them before the auctions end, because with all the hoopla these record breaking sales are going to bring to the hobby, prices for (probably) everything will go up! Link to comment Share on other sites More sharing options...
GPX | 1,369 Posted March 17, 2021 Share Posted March 17, 2021 16 minutes ago, DefaultGen said: 3+ old men in a trenchcoat, probably Florida. Is there an actual end collector at the super high end beside the Pets.com guy who bought the Nintendo Playstation? It’s probably an investor group similar to the 100k Mario. If it sells for crazy money and they have dozens of other sealed Mario games, everyone wins. I guess I’m curious whether buyers of that magnitude are scattered all around the globe? Or whether they’re highly concentrated at certain regions/neighbourhood where perhaps some hanky panky is going on? Link to comment Share on other sites More sharing options...
DefaultGen | 5,397 Posted March 17, 2021 Share Posted March 17, 2021 (edited) 20 minutes ago, GPX said: I guess I’m curious whether buyers of that magnitude are scattered all around the globe? Or whether they’re highly concentrated at certain regions/neighbourhood where perhaps some hanky panky is going on? Lots of buyers from Germany lately in the Facebook groups to the point where there are complaints about keeping conversations in English. Not sure what happened, possibly related to the German streamer spending ludicrous money on things like GTA and God of War to for views. Edited March 17, 2021 by DefaultGen Link to comment Share on other sites More sharing options...
Gulag Joe | 582 Posted March 17, 2021 Share Posted March 17, 2021 1 hour ago, GPX said: I guess I’m curious whether buyers of that magnitude are scattered all around the globe? Or whether they’re highly concentrated at certain regions/neighbourhood where perhaps some hanky panky is going on? A secret sex cult that's primary focus is hanky panky in a big open room with nothing but wata graded left bros. covering the walls? Link to comment Share on other sites More sharing options...
Code Monkey | 2,005 Posted March 17, 2021 Share Posted March 17, 2021 If we don't see a million dollar game sale in this auction lot, we'll see it before summer for sure. Not that I have $300,000 to buy this Super Mario Bros, but I can guarantee the person that does buy it will double their money this year. Link to comment Share on other sites More sharing options...
AdamW | 713 Posted March 17, 2021 Share Posted March 17, 2021 There's plenty of tech industry people with the cash to spend that kind of money on this stuff. Cumulatively there are thousands or tens of thousands of early employees at the big tech firms who are in the sweet spot to be nostalgic about this stuff and who got multiple millions when their firms IPOed. Wouldn't be surprised if that's the demographic of some buyers. Link to comment Share on other sites More sharing options...
Dumars2001 | 164 Posted March 18, 2021 Share Posted March 18, 2021 (edited) 1 hour ago, AdamW said: There's plenty of tech industry people with the cash to spend that kind of money on this stuff. Cumulatively there are thousands or tens of thousands of early employees at the big tech firms who are in the sweet spot to be nostalgic about this stuff and who got multiple millions when their firms IPOed. Wouldn't be surprised if that's the demographic of some buyers. Totally agree with you here! This is probably where a lot of the money is coming from! It is about to reach another level for sure though, when these Heritage Auctions end! I don't know if that is good or bad for the average collector and the hobby as a whole?! Edited March 18, 2021 by Dumars2001 Link to comment Share on other sites More sharing options...
Dr. Morbis | 2,088 Posted March 18, 2021 Share Posted March 18, 2021 3 hours ago, Dumars2001 said: I don't know if that is good or bad for the average collector and the hobby as a whole?! You don't?!? Link to comment Share on other sites More sharing options...
OptOut | 8,881 Posted March 18, 2021 Share Posted March 18, 2021 21 minutes ago, Dr. Morbis said: You don't?!? No, it'll be great! Instead of buying hundreds of games and building up a healthy game collection of great experiences and awesome memories built up over years of passionate dedication to the hobby, we'll all just put our entire yearly game budget into singular sealed/graded titles to store in bank vaults until they double in value!!! After that we'll liquidate those assets to reinvest in the next sealed/graded game that HA/WATA hypes up, and wait another couple years for the cycle to repeat! Imagine how much free time you'll have now you can't actually PLAY any of your games, and you don't need to work anymore because your sealed game collection is earning your income for you! Living the dream!!! 1 1 Link to comment Share on other sites More sharing options...
GPX | 1,369 Posted March 18, 2021 Share Posted March 18, 2021 6 hours ago, Dumars2001 said: Totally agree with you here! This is probably where a lot of the money is coming from! It is about to reach another level for sure though, when these Heritage Auctions end! I don't know if that is good or bad for the average collector and the hobby as a whole?! I’ve worked out a scientific formula for good or bad? - a lot of stuff to sell = good - a lot of stuff to buy = bad. 1 Link to comment Share on other sites More sharing options...
Dumars2001 | 164 Posted March 18, 2021 Share Posted March 18, 2021 1 hour ago, GPX said: I’ve worked out a scientific formula for good or bad? - a lot of stuff to sell = good - a lot of stuff to buy = bad. Bingo!! Link to comment Share on other sites More sharing options...
OptOut | 8,881 Posted March 18, 2021 Share Posted March 18, 2021 3 hours ago, Dumars2001 said: Bingo!! So... does the average collector/hobbyist generally buy more or sell more? I would imagine for the vast majority the answer is buy... So... bad then. Link to comment Share on other sites More sharing options...
dewisp02 | 47 Posted March 18, 2021 Share Posted March 18, 2021 On 3/17/2021 at 8:16 AM, GPX said: Anyone know the rough demographics of these HA buyers of 6 digit figures? A/S/L? From what I am hearing, it sounds like there are groups of people pooling their money to buy these. Not sure how widespread, but just something that I have seen referenced on social media several times. It honestly would not surprise me that this is happening with how much prices keep jumping. 1 Link to comment Share on other sites More sharing options...
Khromak | 768 Posted March 18, 2021 Share Posted March 18, 2021 7 minutes ago, dewisp02 said: From what I am hearing, it sounds like there are groups of people pooling their money to buy these. Not sure how widespread, but just something that I have seen referenced on social media several times. It honestly would not surprise me that this is happening with how much prices keep jumping. So...instead of buying several items per auction, now you can pool your money with 3-5 other neckbeards and buy one game together! ...Definitely a good thing for the community! Up with the prices! No, I'm not bitter, why do you ask? 1 Link to comment Share on other sites More sharing options...
OptOut | 8,881 Posted March 18, 2021 Share Posted March 18, 2021 34 minutes ago, Khromak said: So...instead of buying several items per auction, now you can pool your money with 3-5 other neckbeards and buy one game together! So, what you're saying is that collecting is multiplayer now?! 1 2 Link to comment Share on other sites More sharing options...
AdamW | 713 Posted March 18, 2021 Share Posted March 18, 2021 I mean, it's just my guess but I think you can overplay the impact on collecting as a hobby. It sucks if you love collecting the popular sealed games just as objects, but...is that really a big thing? Hasn't collecting sealed always kiiiinda been about speculation? You can't *do* much with a sealed game beside stick it on a shelf and look at it. There's much less of an impact on the CIB market, and less again on cart only, and lots of people collect those. And there's huge areas of the hobby that aren't really affected at all AFAICT. HA isn't selling sealed copies of, like, 99% of games. PS3 games still sell for ten cents a ton, more or less There's lots of game collecting you can do that isn't at all affected by the hype around mostly sealed copies of a very specific subset of games. Just my opinion, again, don't hurt me 1 Link to comment Share on other sites More sharing options...
AdamW | 713 Posted March 19, 2021 Share Posted March 19, 2021 (edited) Watching the eBay action alongside the HA auction is kinda interesting. Lots of sealed listings and sales on eBay recently. Today a WATA 8.5 Pokemon Blue 3rd print (the black ESRB logo print) sold for $9487: https://www.ebay.com/itm/224390973283?nordt=true&rt=nc - that's the third-highest ever Blue sale. I guess whoever bought it is gambling that the current HA listings will go higher by the end of the auction. Edited March 19, 2021 by AdamW not a record, there've been two higher ebay sales Link to comment Share on other sites More sharing options...
Gulag Joe | 582 Posted March 19, 2021 Share Posted March 19, 2021 (edited) Speaking of ebay, here's a Mario Kart 64 Red Label covered in mold that somehow graded a VGA 85 https://www.ebay.com/itm/Mario-Kart-64-1st-Print-Red-Label-VGA85-Made-Japan-Sealed-Read-Description-/154377564829?_trksid=p2349624.m46890.l49292 Edited March 24, 2021 by Gulag Joe Link to comment Share on other sites More sharing options...
AdamW | 713 Posted March 19, 2021 Share Posted March 19, 2021 That's WATA, not VGA. WATA 8.5 is a fairly 'meh' grade, I think a lot of the high rollers consider 9.0 or 9.2 about the lowest WATA grade they'd buy. If you check HA sales there's a huge difference between prices under and over 9.2 or so. Link to comment Share on other sites More sharing options...
GPX | 1,369 Posted March 19, 2021 Share Posted March 19, 2021 On 3/19/2021 at 2:15 AM, AdamW said: I mean, it's just my guess but I think you can overplay the impact on collecting as a hobby. It sucks if you love collecting the popular sealed games just as objects, but...is that really a big thing? Hasn't collecting sealed always kiiiinda been about speculation? You can't *do* much with a sealed game beside stick it on a shelf and look at it. There's much less of an impact on the CIB market, and less again on cart only, and lots of people collect those. And there's huge areas of the hobby that aren't really affected at all AFAICT. HA isn't selling sealed copies of, like, 99% of games. PS3 games still sell for ten cents a ton, more or less There's lots of game collecting you can do that isn't at all affected by the hype around mostly sealed copies of a very specific subset of games. Just my opinion, again, don't hurt me Yes and no. Yes part, in theory, is because the high end market shouldn’t really affect prices for everything. No part, well it’s a lot more different now! The main difference being since everything is going bonkers on HA (with the frequent hype articles), practically every seller now expects all their games to be of increased value. And some buyers who have been drawn into the hype, are expecting others to think that “all games are becoming valuable”, so they might bid higher than what they would have ordinarily. Particularly more so if the game is from a popular franchise. TLDR - HA prices are creating an artificial perception that video games as a whole are more of worth, when in fact, only the high end games/condition are deservedly so (like the past 20-30 years). 2 Link to comment Share on other sites More sharing options...
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