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General and Gaming => General => Topic started by: jdkw50 on May 22, 2020, 09:31:09 am

Title: Value Increase of Games Lately
Post by: jdkw50 on May 22, 2020, 09:31:09 am
Hey all,

What are your thoughts on the sudden spike in video game prices lately? Is it sustainable or is it because games are transitioning more towards virtual copies now that retro physical games are being chased even more aggressively to collectors. I feel like unlike stocks collecting video games are virtually guaranteed to appreciate in value unless the video game industry decides to re-release physical copies for old games which is extremely improbable (granted this is NOT the case for every single video game, but I'm talking from a big collection standpoint).

Also let's share what are some of your games in your collection that have just shot up in value lately (past timeframe 1-3 months)?

-Some I've noticed are all handheld Pokemon games, GCN games in general including titles like Fire Emblem (GCN), Skies of Arcadia (GCN) just to name some.
Title: Re: Value Increase of Games Lately
Post by: tripredacus on May 22, 2020, 09:59:08 am
I'm still of the opinion that collectors are in the minority when it comes to demand of common or uncommon items... in other words, collectors are not likely to be, or ever have been, the ones who dictated the values of items. Rather that values are determined by those active in commerce, resellers and the like.

Also be aware that in the United States we are seeing a relatively short time increase in inflation. Inflation occurs when monetary value goes down (since the USD has no backing, it is based on international markets) and when money is added into the economy from un-natural means. In recent months, there have been many bailouts and stimulus checks and business loans that the US Government has made available, and all of those funds are new. They are no redistribution and their source is not from taxes, it is newly created money. As a result, products and product-based services will go up in price.

Secondary market prices are going up for many things besides video games, but then again so are retail prices. As long as inflation is increasing, the increased price of video games may be closer to being related to that, than to any reseller activity or the potential buyer's clubs, price fixers or market speculators which do exist.
Title: Re: Value Increase of Games Lately
Post by: Warmsignal on May 22, 2020, 02:11:03 pm
People are totally spending their stimulus and unemployment checks on this stuff, I have no doubt. They're buying more recklessly than before, because it's basically free money. A lot of people have suddenly come into more money than they made when they were still working. Why not just pay the highest asking price on eBay for that game you always held off on picking up?

I'm not sure if it'll have a long term effect on game prices, or if it will ultimately contribute to a bubble bursting that is bound to happen with the temptation of flash carts becoming readily available. I can't tell you how many collectors I've heard recently, toying with the idea of off-loading their collection in favor of a flash cart. Combine that with further inflated prices people won't be willing to pay once they actually go back to work and stop receiving the hand-outs, and you have a recipe cooking for the bottom to fall out.
Title: Re: Value Increase of Games Lately
Post by: Warmsignal on May 22, 2020, 02:11:34 pm
DOUBLE POST FTW.
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on May 22, 2020, 02:20:00 pm
i think a lot of it has to do with COVID. I know that seems like a convenient excuse, but hear me out. For one, people are obviously spending more time at home, which leaves them to find ways of entertaining themselves outside watching TV and eating. I'm sure a lot of people who'd otherwise have written off the idea of buying an SNES and some games on ebay, are now wanting to seriously do it since they don't have anything better to do while being stuck at home. However, there is another big piece of this puzzle as well. The stimulus checks.


I'm in the process of building a new gaming rig and the reason why it wasn't finished weeks ago is because of the massive shortage in PC parts. Some of this is due to supply chain issues, but a lot of it is also tons of people rushing to various computer stores and buying new high end graphics cars, RAM, and Motherboards with the $1200 that appeared overnight in their bank accounts. I think for a lot of people who are heavily into collecting right now, that money is instead going towards games they maybe haven't purchased due to it being too expensive or not having the money to buy them. I know that if I was in the collector mentality I was in 3 or 4 years ago right now all $1200 of my check would have gone towards several high end, rare titles to add to my collection. I'm almost certain this is responsible to a decent degree in the spikes in value.


As to whether or not these prices are sustainable, I think the short answer is no. Obviously everyone's $1200 will be gone soon as will the stay at home orders, business closures, and other forces requiring people to stay at home. As a result, your non-collector 30-year old coworker who bought a Genesis and half a dozen games off ebay will likely sell it once he's able to go back to the gym and go out drinking with his friends again. This will cause a large influx of retro games and consoles, bring the prices back down. I think if the economy ends up going into a death spiral like many economists are predicting despite what the Fed is doing, then you could see a radical decline in prices as video game collecting will take a major backseat to people just trying to survive.
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on May 22, 2020, 02:38:44 pm
People are totally spending their stimulus and unemployment checks on this stuff, I have no doubt. They're buying more recklessly than before, because it's basically free money. A lot of people have suddenly come into more money than they made when they were still working. Why not just pay the highest asking price on eBay for that game you always held off on picking up?

I'm not sure if it'll have a long term effect on game prices, or if it will ultimately contribute to a bubble bursting that is bound to happen with the temptation of flash carts becoming readily available. I can't tell you how many collectors I've heard recently, toying with the idea of off-loading their collection in favor of a flash cart. Combine that with further inflated prices people won't be willing to pay once they actually go back to work and stop receiving the hand-outs, and you have a recipe cooking for the bottom to fall out.


Hit the nail on the head
Title: Re: Value Increase of Games Lately
Post by: wolff242 on May 22, 2020, 03:05:43 pm
I agree 100% with the above. With time and a little extra money (Assuming they still have a source of income right now) i think a lot of people are on a nostalgia train, going back to happier times through gaming. Maybe they dusted off a console that's been sitting in the closet for a few years, and now want to play a few games they missed back in that gen. I've noticed a LOT of older games stock dry up online, I can't imagine all of a sudden people have decided to collect older games.
Title: Re: Value Increase of Games Lately
Post by: ignition365 on May 22, 2020, 03:09:48 pm
Yeah, it's a temporary up with the checks folks are getting, but as things get worse economically, I think we'll start seeing folks dumping stuff and prices fluctuating because demand will go down and supply will go up.
Title: Re: Value Increase of Games Lately
Post by: sworddude on May 22, 2020, 04:04:42 pm
People are totally spending their stimulus and unemployment checks on this stuff, I have no doubt. They're buying more recklessly than before, because it's basically free money. A lot of people have suddenly come into more money than they made when they were still working. Why not just pay the highest asking price on eBay for that game you always held off on picking up?

I'm not sure if it'll have a long term effect on game prices, or if it will ultimately contribute to a bubble bursting that is bound to happen with the temptation of flash carts becoming readily available. I can't tell you how many collectors I've heard recently, toying with the idea of off-loading their collection in favor of a flash cart. Combine that with further inflated prices people won't be willing to pay once they actually go back to work and stop receiving the hand-outs, and you have a recipe cooking for the bottom to fall out.

While I agree with most of your points your forgetting something though

People can't go on vacation they can't go to the movies spend their money in restaurants concerts parties themeparks etc etc. people who still have an income can't spend their money aside from buying stuff online compared to a normal situation there are more funds available for this kinda stuff since they can't spend it outside like usual.

Your literally cutting of a ton of options in wich people usually spend their money . and a ton of those are pretty pricy in wich you usually won't have that much money left. atm online buying not only for retro games is at an all time high. instead of focussing their money on the usual stuff that is a money sink most spendings are no focussed on online shopping. Bigger online stores sales have multiplied big time new and old stuff. People really save allot of money by all those things outside being closed, money and entertainment has to go somewhere after all.
Title: Re: Value Increase of Games Lately
Post by: ignition365 on May 22, 2020, 04:09:40 pm
People are totally spending their stimulus and unemployment checks on this stuff, I have no doubt. They're buying more recklessly than before, because it's basically free money. A lot of people have suddenly come into more money than they made when they were still working. Why not just pay the highest asking price on eBay for that game you always held off on picking up?

I'm not sure if it'll have a long term effect on game prices, or if it will ultimately contribute to a bubble bursting that is bound to happen with the temptation of flash carts becoming readily available. I can't tell you how many collectors I've heard recently, toying with the idea of off-loading their collection in favor of a flash cart. Combine that with further inflated prices people won't be willing to pay once they actually go back to work and stop receiving the hand-outs, and you have a recipe cooking for the bottom to fall out.

While I agree with most of your points your forgetting something though

People can't go on vacation they can't go to the movies spend their money in restaurants concerts parties themeparks etc etc. people who still have an income can't spend their money aside from buying stuff online compared to a normal situation there are more funds available for this kinda stuff since they can't spend it outside like usual.

Your literally cut of a ton of things that people usually spend their money on. and a ton of those are pretty pricy in wich you usually won't have that much money left. atm online buying not only for retro games is at an all time high. instead of focussing their money on the usual stuff that is a money sink most spendings are no focussed on online shopping. Bigger online stores sales have multiplied big time new and old stuff.
While this is true, I think a lot of folks will turn to digital.
Title: Re: Value Increase of Games Lately
Post by: sworddude on May 22, 2020, 04:10:40 pm
People are totally spending their stimulus and unemployment checks on this stuff, I have no doubt. They're buying more recklessly than before, because it's basically free money. A lot of people have suddenly come into more money than they made when they were still working. Why not just pay the highest asking price on eBay for that game you always held off on picking up?

I'm not sure if it'll have a long term effect on game prices, or if it will ultimately contribute to a bubble bursting that is bound to happen with the temptation of flash carts becoming readily available. I can't tell you how many collectors I've heard recently, toying with the idea of off-loading their collection in favor of a flash cart. Combine that with further inflated prices people won't be willing to pay once they actually go back to work and stop receiving the hand-outs, and you have a recipe cooking for the bottom to fall out.

While I agree with most of your points your forgetting something though

People can't go on vacation they can't go to the movies spend their money in restaurants concerts parties themeparks etc etc. people who still have an income can't spend their money aside from buying stuff online compared to a normal situation there are more funds available for this kinda stuff since they can't spend it outside like usual.

Your literally cut of a ton of things that people usually spend their money on. and a ton of those are pretty pricy in wich you usually won't have that much money left. atm online buying not only for retro games is at an all time high. instead of focussing their money on the usual stuff that is a money sink most spendings are no focussed on online shopping. Bigger online stores sales have multiplied big time new and old stuff.
While this is true, I think a lot of folks will turn to digital.

Sure but I'm not only talking about retro games

Online shopping as a whole is at an all time high right now. digital physical new old doesn't matter.

people have money in their pocket and they can't spend it like usual they have more money left atm. online shopping fills those needs.



_______________________________________________________________________________________________________________________

Still if where going back on topic

Considering what kinds of games are going up in value it's usually pretty common or sought after playable stuff

Mostly players that drive up them prices atm not collectors, a ton of rare stuff even the good things have same kinds a value, mainly the more common hyped games that have risen in price.

mario 64, contra, silent hill, resident evil, crash bandicoot that kinda stuff.

I highly doubt that a reseller is dumb enough to buy those common sought after games at them current high prices.

obviously when all is said and done prices will probably return to pre corona times.
Title: Re: Value Increase of Games Lately
Post by: NickAwesome on May 22, 2020, 07:21:15 pm
This group has been so full of people saying the bubble is going to pop and everything will become worthless for years and years. The stimulus checks definitely have caused a massive spike.  Once economic reality hits for some people, we will see some plateauing of price for many commons that have shot up and many will drop back down to pre-pandemic levels. Some may even drop further below that. But rare low print games that have all the sudden doubled, tripled or even more, don't expect the same drops in price. This is the new reality. 
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on May 22, 2020, 10:58:40 pm
This group has been so full of people saying the bubble is going to pop and everything will become worthless for years and years. The stimulus checks definitely have caused a massive spike.  Once economic reality hits for some people, we will see some plateauing of price for many commons that have shot up and many will drop back down to pre-pandemic levels. Some may even drop further below that. But rare low print games that have all the sudden doubled, tripled or even more, don't expect the same drops in price. This is the new reality.


I gave up on the bubble theory, but I am a firm believer in the decline theory. In fact, we were already seeing it happen before all the COVID shit started. I think that once stuff starts to reopen more and fewer and fewer people worry about getting sick we'll start seeing a pretty large purge which will bring prices down. I think some rare stuff will go up, but most will go down to some degree over time. I don't think Little Samson is ever going to be a sub-$100 game ever again, not even close, but maybe settle around $500 or $600 again. Some of the absolute rarest stuff like NWC or Stadium Events will never drop in price, and I can even see some of that stuff being like certain Gold and Silver Age comics that never depreciate.
Title: Re: Value Increase of Games Lately
Post by: ffxik on May 22, 2020, 11:04:59 pm
I would say that everybody here is pretty much correct in their assessment of the situation.  When people in my area got their stimulus checks and or unemployment they have cleaned out every Walmart and game store in the area.  They aren't considering the long term.  Which is great for me since more than a few have already started selling stuff to make ends meet and I've been getting it on the cheap.

I suspect when stores are able to replenish their stock we should start to see prices come down on current stuff.  The older stuff will too when their money pool dries up and nobody is buying.  As far the rare games go, it could become the new norm.  It depends on how bad things get.
Title: Re: Value Increase of Games Lately
Post by: ancestralspirit on May 23, 2020, 01:24:09 am
At the moment i'd say prices are spiking because shops know that people are going to be bored shitless indoors.
The biggest forms of entertainment in households are streaming tv and film services like Netflix, and gaming.
It stands to reason that prices of games would be hiked for this since now people are super desperate to find ways to entertain themselves.

Completely unrelated to covid, i would think the other two main reasons are:

1. Nearing the end of a console generation - We tend to see these spikes in game prices when nearing the end of a console generation, and since we're nearing the end of one now, i'd say you'll be seeing those price increases in some of the older PS4 and XBoxOne titles more often.

2. Limited print runs and single runs - I noticed this very recently with Moss for PS4VR. I saw Moss in shops for aaaaggges at a price of around £10 and when those started disappearing, the prices have shot up to £20+, some people completely taking the piss with some prices. A single print run of a game can hike a price up massively, especially when people suddenly realise it's happening and snap it up as fast as possible. People then notice a game is selling out, and then the prices shoot up exponentially.
Title: Re: Value Increase of Games Lately
Post by: oldgamerz on May 23, 2020, 05:49:01 am
I am not always correct about everything, I believe that only if factories produce more older video games, somehow like a ROM format on a modern console. only that probably will drive the prices back down, this also depends on how many people start selling retro games. at once Or if everyone values digital items more than physical items, than all physical items may not be much of value. let's not forget how old some the retro hard ware is now too.

I am just gonna hope that the gaming industry resizes how unfair. It would be for a person's only option would be  to buy a digital game for one of their family members or friends, and how empty the feeling it might be. for someone (especially a child), having a digital code for a gift instead of a physical game or gift.

I don't mind buying multi carts or compilations that have the same games on them, but I won't do digital download as long as I can get something physical
Title: Re: Value Increase of Games Lately
Post by: Cartagia on May 23, 2020, 05:56:40 am
I am just gonna hope that the gaming industry resizes how unfair. It would be for a person's only option would be  to buy a digital game for one of their family members or friends, and how empty the feeling it might be. for someone (especially a child), having a digital code for a gift instead of a physical game or gift.

Modern children generally do not care about physical vs. digital games.  Most of their time is already spent on devices that don't have many physical options (phones, tablets, laptops).  It's the norm for them.  There's almost certainly no "empty feeling" when they get a digital title.
Title: Re: Value Increase of Games Lately
Post by: sworddude on May 23, 2020, 06:00:01 am
This group has been so full of people saying the bubble is going to pop and everything will become worthless for years and years. The stimulus checks definitely have caused a massive spike.  Once economic reality hits for some people, we will see some plateauing of price for many commons that have shot up and many will drop back down to pre-pandemic levels. Some may even drop further below that. But rare low print games that have all the sudden doubled, tripled or even more, don't expect the same drops in price. This is the new reality.


I gave up on the bubble theory, but I am a firm believer in the decline theory. In fact, we were already seeing it happen before all the COVID shit started. I think that once stuff starts to reopen more and fewer and fewer people worry about getting sick we'll start seeing a pretty large purge which will bring prices down. I think some rare stuff will go up, but most will go down to some degree over time. I don't think Little Samson is ever going to be a sub-$100 game ever again, not even close, but maybe settle around $500 or $600 again. Some of the absolute rarest stuff like NWC or Stadium Events will never drop in price, and I can even see some of that stuff being like certain Gold and Silver Age comics that never depreciate.

The decline theory might happen but at that point most of us are probably at old age or dead.

People who buy now don't want to wait for 10 20+ years. you live only once after all. Still if people like you guys are still interested you have to imagine that there are people in your  generation that might collect this stuff aswell. So for your theory to happen your generation at least has to be at old age in wich case you'd probably also sell your stuff since you might not be interested in it anymore aswell.

if your planning to collect when prices drop to extreme amounts just emulate for gameplay and give up on collecting for it is not worth the wait. it's not going to happen in a reasonable amount of time.

It might but I highly doubt it from what I've seen.

as far as remakes go, secret of mana for example the price of the original dropped but only for a short while went up to normal after a few months. kinda hard to tell if a remake has an impact on the actual old stuff in the long term.

Modern children generally do not care about physical vs. digital games.  Most of their time is already spent on devices that don't have many physical options (phones, tablets, laptops).  It's the norm for them.  There's almost certainly no "empty feeling" when they get a digital title.

Your right but for drops to happen entire generations that do collect have to be at old age. so it's kinda pointless for the people who collect now, maybe the youngest generations that do collect profit from it when majority of the older generations sell their stuff. otherwise most people here are in the selling category when they are at old age.
Title: Re: Value Increase of Games Lately
Post by: fazerco on May 23, 2020, 08:14:45 am
Recessions is gonna hit soon, so games wil decrease in value for a few years. A good time to start collection  ;D.
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on May 23, 2020, 11:09:00 am
Recessions is gonna hit soon, so games wil decrease in value for a few years. A good time to start collection  ;D .


I'm hoping that I'm one of the lucky ones that is able to maintain gainful employment during this time. If I am there's a lot of stuff I plan on buying, assuming the prices actually come down enough.
Title: Re: Value Increase of Games Lately
Post by: telekill on May 23, 2020, 02:31:12 pm
I ended up with a bit of a shock today. One of my favorite games on the Genesis is Ninja Turtles Hyperstone Heist. I was on a site taking a look at some of the more costly games for the Genesis and my complete copy of it goes for $90 minimum. I paid $30 back in the day during the Dreamcast era. I've no intention of selling it as it's a favorite, but I couldn't believe the cost for some of these classic games.

Similarly, I was looking for a copy of Streets of Rage 3 on Genesis and couldn't believe the $150 price point for it. Impressive and depressing all at the same time as I will not be buying it for that kind of money. I'll simply wait for my Limited Run Games copy of the 4th and call it good. lol
Title: Re: Value Increase of Games Lately
Post by: Warmsignal on May 23, 2020, 05:13:02 pm
This group has been so full of people saying the bubble is going to pop and everything will become worthless for years and years. The stimulus checks definitely have caused a massive spike.  Once economic reality hits for some people, we will see some plateauing of price for many commons that have shot up and many will drop back down to pre-pandemic levels. Some may even drop further below that. But rare low print games that have all the sudden doubled, tripled or even more, don't expect the same drops in price. This is the new reality.


I gave up on the bubble theory, but I am a firm believer in the decline theory. In fact, we were already seeing it happen before all the COVID shit started. I think that once stuff starts to reopen more and fewer and fewer people worry about getting sick we'll start seeing a pretty large purge which will bring prices down. I think some rare stuff will go up, but most will go down to some degree over time. I don't think Little Samson is ever going to be a sub-$100 game ever again, not even close, but maybe settle around $500 or $600 again. Some of the absolute rarest stuff like NWC or Stadium Events will never drop in price, and I can even see some of that stuff being like certain Gold and Silver Age comics that never depreciate.

I'm convinced at this point, that this stuff will not be valuable forever. You've got to think about some of the facts - There's a certain age group of people who are super nostalgic about all this stuff, because we were young and we were kids when it was new. We're the reason that it's so valuable right now. We all want this stuff from our past including the things of that era that we couldn't afford or justify back then. But there's only so many of us in this retro collecting marketing, and there's only so many of us who are loaded with disposable income and willing to blow it, and there is a finite goal in mind for many us.

My parents don't care about video games, and my uncle doesn't even care about them. These younger kids today are not going to have any sentimentality about cartridges or CDs when they grow older. It's mainly those of us who were raised on these games in 80s and 90s. We're not going to keep paying one another more and more ridiculous amounts to own that one missing title from our libraries. There absolutely is a threshold, to what most people will pay for a single game. When it's free money, that's a bit of a different story. Everybody is talking about flash carts now, and are aware of how easy and convenient that is.

For a lot of us, we're probably the only person we even know of who's super obsessed with retro games, unless you went seeking out like-minded individuals. I feel that it just isn't as culturally significant as those of us in this bubble would like to believe it is. It's actually kind of niche. I firmly believe we will be looking back in the not so distant future and thinking "Wow, I can't believe what some of this was going for!".

When the question was posed several years ago, I didn't have a real sense of what was going to happen, but now I feel like the writing actually is on the wall. It's just gotten ultra-ridiculous, and when collecting started to become a more modernized / commercialized thing with companies like LRG and retro game trinkets turning up inside of every GameStop, I think that was the tell-tale sign that we were entering the final phase of this being a hot and trendy thing to do. It's mostly all targeted at that same demographics of people, and I'm really starting to see signs of fatigue in it.

There's a number of consoles I've thrown in the towel on almost completely, regardless of whatever else I've wanted. I've been shifting my focus towards other consoles which I've neglected, and I've notice that's also been a trend as of late if you look at recent sales trends. We're all basically a hive mind, and I can tell you from experience the collecting itself is getting kind of old and that's why I'm seeking out something different. So I figure most other's probably feel about the same way. I'm actually considering to get a TG-16 and then just use a flash cart, and never buy any games for it. I'd bet a lot of other collector's are probably thinking that too.

So I do think the crash is coming, but we'll see.
Title: Re: Value Increase of Games Lately
Post by: sworddude on May 23, 2020, 05:40:35 pm
Still speaking of digital vs physical

Collectors editions have only gotten worse over the years, most collectors editions are also above 100$ these days.

Even the last zelda 2d game, xenoblade etc even nintendo joining that trend

Like seriously the xenoblade one has a vinyl record like wtf it's definitely getting out of control with CE being super big and filled with trinkets.

Why make such huge collectors editions if physical is on the delcine, also seen quite some young ladds spending their money on those as in it being cool. and that's modern stuff. Collectors editions need to be dead before we can see full on digital because atm it's kinda insane with them big ass collectors editions and collector fests.

also if collectors editions and physical are the minority why does pretty much every game get one.


 I'm actually considering to get a TG-16 and then just use a flash cart, and never buy any games for it. I'd bet a lot of other collector's are probably thinking that too.

So I do think the crash is coming, but we'll see.

The TG 16  supply is so minimal that even if tons of people drop out or never start that doesnt really matter for that market, far to few things for it to be common that it overflows the current market and for those to have garbage bin prices to many people looking for those vs a trash tier supply line. even common non playable stuff for that system sells like hot cakes people literally buy the scraps that are left cib or lose carts. it's a battlefield.

It's way to rare to collect for. Most people just go the pc engine route if your interested in that kinda stuff way more doable since it actually sold pretty decent in japan.
Title: Re: Value Increase of Games Lately
Post by: pzeke on June 07, 2020, 01:03:08 pm
A case of people mishandling their money. What else is new?
Title: Re: Value Increase of Games Lately
Post by: ignition365 on June 08, 2020, 08:38:49 am
I will say though, since lockdowns and wfh orders began to now, my collection value has gone up by over $22,000.
Title: Re: Value Increase of Games Lately
Post by: droaa on June 08, 2020, 11:47:42 pm
I've looking up prices for some of my games and the spike in a few that I have since the pandemic has been insane in some aspects. Has made think about selling off a few especially with ones Im ok with letting go but this just all talk atm
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on June 09, 2020, 12:47:56 am
I will say though, since lockdowns and wfh orders began to now, my collection value has gone up by over $22,000.


How are you evaluating the value of your collection? Just on Price Charting?
Title: Re: Value Increase of Games Lately
Post by: pzeke on June 09, 2020, 07:09:15 am
I will say though, since lockdowns and wfh orders began to now, my collection value has gone up by over $22,000.

How are you evaluating the value of your collection? Just on Price Charting?

GameValueNow (https://gamevaluenow.com/)
Title: Re: Value Increase of Games Lately
Post by: ignition365 on June 09, 2020, 08:04:06 am
I will say though, since lockdowns and wfh orders began to now, my collection value has gone up by over $22,000.


How are you evaluating the value of your collection? Just on Price Charting?
yes.  Vgpc has a collection tracker.  I'm also a moderator on vgpc so i can add and edit items on there... though JJ has decided they dont track third party accessories anymore, so  ::)
Title: Re: Value Increase of Games Lately
Post by: hoshichiri on June 12, 2020, 10:16:00 am
Like seriously the xenoblade one has a vinyl record like wtf it's definitely getting out of control with CE being super big and filled with trinkets.

Why make such huge collectors editions if physical is on the delcine, also seen quite some young ladds spending their money on those as in it being cool. and that's modern stuff. Collectors editions need to be dead before we can see full on digital because atm it's kinda insane with them big ass collectors editions and collector fests.

It's two factors, really. One- there is a specific group of collectors who treat these oversized, overpriced CEs like trophies. They stick the latest & greatest somewhere prominent so visitors & people watching their Twitch stream can tell them how cool it is that they have it. It's the videogame equivalent of showing off some designer label accessory. Or putting a deer head on your wall. Two- tat is cheap. It's easy for a company to slap together an artbook, some postcards, and a big lump of plastic shaped like a game character and charge you a premium for it. It's almost certainly more profitable than just a game disc. The digital factor isn't a problem- just stick a paper with a code in the lootcrate you're calling a Collector's Edition and you're done! There's still a desire for stuff in people, even if that stuff isn't actual media.
Title: Re: Value Increase of Games Lately
Post by: NickAwesome on June 16, 2020, 03:19:37 am
Gamevaluenow's collection tracker since Feb/March hadn't been accurately keeping up with all the price increases as of late.  It was completely down for the last week but then finally came back today.  My collection value went up 40k, my head just about popped out of my skull.  I knew prices had gone up but good lord, this is crazy. 
Title: Re: Value Increase of Games Lately
Post by: oldgamerz on June 16, 2020, 01:57:20 pm
Gamevaluenow's collection tracker since Feb/March hadn't been accurately keeping up with all the price increases as of late.  It was completely down for the last week but then finally came back today.  My collection value went up 40k, my head just about popped out of my skull.  I knew prices had gone up but good lord, this is crazy.

Something good might come of this. Gaming overloads I think are violating laws that have to do with consumer rights, I am no expert of the law. But my heart tells me that if people can't buy any games to keep like you can in the olden days.

Something will burst, It's got to. People love retro gaming as well as modern gaming and if we can no longer keep our modern games. that companies can, take them off the internet. and, expect us to buy a new console, and another remaster, or take that game away, people will find other means to obtain video games.

Who wants to buy a lame one time digital download code for your friend? or relatives birthday? come on I know not. and better yet would you rather have a game that you can keep? or would you rather buy something only to have it taken away from you?

PS. Thank God for consoles that come with games built into them and consoles that can hold 1000's of games for the price of one new modern video game.
Title: Re: Value Increase of Games Lately
Post by: wartoy on June 17, 2020, 08:45:07 am
Gamevaluenow's collection tracker since Feb/March hadn't been accurately keeping up with all the price increases as of late.  It was completely down for the last week but then finally came back today.  My collection value went up 40k, my head just about popped out of my skull.  I knew prices had gone up but good lord, this is crazy.
Holly shit mine wint up over 60k
Title: Re: Value Increase of Games Lately
Post by: wartoy on June 17, 2020, 09:01:31 am
Gamevaluenow's collection tracker since Feb/March hadn't been accurately keeping up with all the price increases as of late.  It was completely down for the last week but then finally came back today.  My collection value went up 40k, my head just about popped out of my skull.  I knew prices had gone up but good lord, this is crazy.
Holly shit mine wint up over 60k
I wouldn't put too much faith in their pricing the site doesn't seem like it's running good
Title: Re: Value Increase of Games Lately
Post by: wartoy on June 17, 2020, 09:02:50 am
Gamevaluenow's collection tracker since Feb/March hadn't been accurately keeping up with all the price increases as of late.  It was completely down for the last week but then finally came back today.  My collection value went up 40k, my head just about popped out of my skull.  I knew prices had gone up but good lord, this is crazy.
Holly shit mine wint up over 60k
I'm not too sure about that pricing the site doesn't seem to be running good
Title: Re: Value Increase of Games Lately
Post by: ignition365 on June 17, 2020, 09:21:47 am
You okay, buddy?  You seem to be having a full on conversation with yourself.

I decided to go take a look at GVN's collection tracker because why not.  I added like 5 games and decided to go look at my collection because it was being fucky, and now it's throwing an AJAX error and won't even let me view my collection.  I'm just gonna chalk it up to GVN being trash like always.
Title: Re: Value Increase of Games Lately
Post by: wartoy on June 17, 2020, 01:26:51 pm
Yeah sorry phone was acting up
Title: Re: Value Increase of Games Lately
Post by: droaa on June 17, 2020, 04:24:16 pm
You okay, buddy?  You seem to be having a full on conversation with yourself.

I decided to go take a look at GVN's collection tracker because why not.  I added like 5 games and decided to go look at my collection because it was being fucky, and now it's throwing an AJAX error and won't even let me view my collection.  I'm just gonna chalk it up to GVN being trash like always.

Had this same issue. I only started an account due this thread last week.
Title: Re: Value Increase of Games Lately
Post by: ignition365 on June 17, 2020, 04:36:58 pm
You okay, buddy?  You seem to be having a full on conversation with yourself.

I decided to go take a look at GVN's collection tracker because why not.  I added like 5 games and decided to go look at my collection because it was being fucky, and now it's throwing an AJAX error and won't even let me view my collection.  I'm just gonna chalk it up to GVN being trash like always.

Had this same issue. I only started an account due this thread last week.
Yeah, it's why I use VGPC.  GVN looks nicer, but it just doesn't work.
Title: Re: Value Increase of Games Lately
Post by: NickAwesome on June 19, 2020, 01:27:39 am
I mean to be fair there's nothing wrong with the actual price tracker for GVN, it pulls prices from eBay just like VGPC. The site is just going through a transition from a new owner and going back to regular updates.  There's a new beta that was released and I think they are having some growing pains trying to transition everything over.  They added new games for the first time in 10 months.  I'm holding out hope that they fix the issues as I really prefer the interface to VGPC.
Title: Re: Value Increase of Games Lately
Post by: ignition365 on June 19, 2020, 08:24:00 am
They added new games for the first time in 10 months.
This was the reason I stopped using GVN.  VGPC lets vetted users add products to the site, so items get added daily.
Title: Re: Value Increase of Games Lately
Post by: droaa on June 19, 2020, 02:32:29 pm
They added new games for the first time in 10 months.
This was the reason I stopped using GVN.  VGPC lets vetted users add products to the site, so items get added daily.

I've just been adding my stuff to VGPC over the past day and continuing today since GVN just doesnt want to work. Maybe once its stable sure but until then VGPC. Not gonna lie, its interesting to see what individual games I have are going for. Some of the prices are a bit out there but that COVID-19 bump is real it seems.
Title: Re: Value Increase of Games Lately
Post by: burningdoom on July 16, 2020, 01:52:33 pm
It's not just video games. Comic books, too. Things are spiking like crazy in both areas of collecting. Someone bought a first appearance of Miles Morales Spider-Man for $2800. It's a modern, mass-produced comic from Marvel, came out in 2011.

I'm not complaining as it's allowed me to sell some stuff for a decent penny, which then has given me money to afford other stuff I want.

It's all because of COVID. People are stuck at home and bored and need entertainment. So a lot of people that aren't collectors are getting nostalgic and wanting to play the game they remember from their childhood.
Title: Re: Value Increase of Games Lately
Post by: pzeke on July 16, 2020, 02:49:35 pm
It's all because of COVID. People are stuck at home and bored and need entertainment. So a lot of people that aren't collectors are getting nostalgic and wanting to play the game they remember from their childhood.

The perils of boredom.
Title: Re: Value Increase of Games Lately
Post by: bunnybear on July 16, 2020, 07:25:38 pm
It’s all likely going to go very pear shaped in about 12-18 months, when we start to see home foreclosures as a result of an impending global recession (possibly even depression) stemming from the economic fallout as a result of the pandemic. When that happens, everything, including second hand game values, will start going downwards, but I’d be surprised if they returned to pre-pandemic levels.
Title: Re: Value Increase of Games Lately
Post by: gonif on July 16, 2020, 11:14:30 pm
I'm making over $1500 a month selling video games on Ebay over the past three months. Gamecube games are selling for more than I paid for them new. Being paid $75 each for Mario Party 4-7, Zeldas and Resident Evil games has been an easy trade to make. If things in my collection are worth exorbitant prices to people these days I will gladly sell them. Goodbye Chibi RObo! Hello $125! Goodbye PS2 Clock Tower 3! Hello $80! I think I got $120 for my Gamecube Paper Mario, its ridiculous.

I don't need a game room to post pictures of on Reddit to try to validate myself as a human being but I love taking these fools money. All of this stuff can be played via emulators and it looks better and these fools can give me all their money while they brag about their CRT sony TVs! I grew up with that stuff. Good riddance and goodbye suckers! Give me hdmi and HD any day...and all of your stimulus checks!
Title: Re: Value Increase of Games Lately
Post by: NickAwesome on July 17, 2020, 02:17:30 am
Gamevaluenow works a lot better now- they are still ironing out kinks but it is much more functional than it was a month ago.
Title: Re: Value Increase of Games Lately
Post by: bunnybear on July 17, 2020, 02:37:47 am
I'm making over $1500 a month selling video games on Ebay over the past three months. Gamecube games are selling for more than I paid for them new. Being paid $75 each for Mario Party 4-7, Zeldas and Resident Evil games has been an easy trade to make. If things in my collection are worth exorbitant prices to people these days I will gladly sell them. Goodbye Chibi RObo! Hello $125! Goodbye PS2 Clock Tower 3! Hello $80! I think I got $120 for my Gamecube Paper Mario, its ridiculous.

I don't need a game room to post pictures of on Reddit to try to validate myself as a human being but I love taking these fools money. All of this stuff can be played via emulators and it looks better and these fools can give me all their money while they brag about their CRT sony TVs! I grew up with that stuff. Good riddance and goodbye suckers! Give me hdmi and HD any day...and all of your stimulus checks!
Nothing wrong with selling things for market value, but there’s no reason to be a smug prick about it.
Title: Re: Value Increase of Games Lately
Post by: bikingjahuty on July 17, 2020, 08:43:29 am
I'm currently downsizing about 10% of my collection at the moment given the huge price increase. Most of what I'm selling are high dollar JRPGs that I'm pretty sure I'll never play, or at least not play for a very long time. Having them did provide some satisfaction, but no where near as much as the money I'd get from them if I sold them at current market value. Currently have about $8000 work of games I'm working on selling, which would be enough to pay my car off and then some at this point.
Title: Re: Value Increase of Games Lately
Post by: pzeke on July 17, 2020, 07:22:15 pm
(https://i.imgur.com/6R6h13M.gif)
Title: Re: Value Increase of Games Lately
Post by: telekill on July 18, 2020, 10:06:42 am
The current hike in retro games has me opting to move towards the Everdrive cartridge for my Game Gear quicker. I was wanting a handful of other games in my Game Gear collection such as Micro Machines, but it's hard to find a copy in America for sale and when you can find one, it's now upwards of $70-$150. Gets to be a bit much.
Title: Re: Value Increase of Games Lately
Post by: burningdoom on July 18, 2020, 11:39:40 am
The current hike in retro games has me opting to move towards the Everdrive cartridge for my Game Gear quicker. I was wanting a handful of other games in my Game Gear collection such as Micro Machines, but it's hard to find a copy in America for sale and when you can find one, it's now upwards of $70-$150. Gets to be a bit much.

I know there's certain exceptions, but for the most part Game Gear games are pretty dang cheap.