Bronkie The Bronchiasaurus worth buying as an investment?

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asmodean:

--- Quote from: turf on February 22, 2016, 07:26:03 am ---Buying games as an investment is a bad idea. In the early 90's folks did that with baseball cards. Then the market died.
If you want to invest, invest in something that people need. Stay away from stuff that they have a fleeting interest in.

--- End quote ---

I don't fully agree with this. Art, like paintings is something that people don't really need but you still need to pay quite a hefty price for a Rembrandt these days :) Whether this is comparable to video games is another matter. While we are seeing high prices at the moment (at least here in Europe, but from what I understand, North America aswell) I fail to see how they can plunge and be worth nothing. As time goes, there will be less people connected to the older games through nostalgia, but there will also be less games in circulation since they degrade/people throw them away/they stop working etc. So, while prices might be going down slightly, they are bound to rise again in the future

turf:

--- Quote from: asmodean on February 22, 2016, 09:36:57 am ---
--- Quote from: turf on February 22, 2016, 07:26:03 am ---Buying games as an investment is a bad idea. In the early 90's folks did that with baseball cards. Then the market died.
If you want to invest, invest in something that people need. Stay away from stuff that they have a fleeting interest in.

--- End quote ---

I don't fully agree with this. Art, like paintings is something that people don't really need but you still need to pay quite a hefty price for a Rembrandt these days :) Whether this is comparable to video games is another matter. While we are seeing high prices at the moment (at least here in Europe, but from what I understand, North America aswell) I fail to see how they can plunge and be worth nothing. As time goes, there will be less people connected to the older games through nostalgia, but there will also be less games in circulation since they degrade/people throw them away/they stop working etc. So, while prices might be going down slightly, they are bound to rise again in the future

--- End quote ---

Folks can do whatever they want. I just don't think it's a great idea. Even if it does appreciate, it's not going to supplement your income. What kind of return are you expecting? Even at 25% a $300 + $90 or whatever to get it graded, you'd have to sell it for $500. You only made $110. It may be enough for some people, but my time and effort is worth way more than that.

asmodean:

--- Quote from: turf on February 22, 2016, 09:48:10 am ---
--- Quote from: asmodean on February 22, 2016, 09:36:57 am ---
--- Quote from: turf on February 22, 2016, 07:26:03 am ---Buying games as an investment is a bad idea. In the early 90's folks did that with baseball cards. Then the market died.
If you want to invest, invest in something that people need. Stay away from stuff that they have a fleeting interest in.

--- End quote ---

I don't fully agree with this. Art, like paintings is something that people don't really need but you still need to pay quite a hefty price for a Rembrandt these days :) Whether this is comparable to video games is another matter. While we are seeing high prices at the moment (at least here in Europe, but from what I understand, North America aswell) I fail to see how they can plunge and be worth nothing. As time goes, there will be less people connected to the older games through nostalgia, but there will also be less games in circulation since they degrade/people throw them away/they stop working etc. So, while prices might be going down slightly, they are bound to rise again in the future

--- End quote ---

Folks can do whatever they want. I just don't think it's a great idea. Even if it does appreciate, it's not going to supplement your income. What kind of return are you expecting? Even at 25% a $300 + $90 or whatever to get it graded, you'd have to sell it for $500. You only made $110. It may be enough for some people, but my time and effort is worth way more than that.

--- End quote ---

Ahh, yes, this I can agree with. It's not a good idea if you do it in order to earn money since the return on investment is very low, even when you manage to sell high. I was more thinking along the line that buying games should not be treated as a "sunk cost", like food is for example :) There is still a value

ignition365:
I can't recall for sure, but I wanna say when Atari was big like 10 years back, everybody was buying it as an investment because the people who grew up with it were in that nostalgic period where they had the disposable income and wanted to relive their youth and the Atari market was blowing up, but look at the Atari market now. I know there are quite a few resellers in my area trying to sell those atari games at the prices they paid for them... they want $150 for a loose 2600 and like $20 a game, it's just funny.

redblaze57:
If you want another example of media being a bad investment, just look up the comic book industry crash.

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