Re:He closed a video game shop decades ago. His games could ...
by monero-xmr on Wednesday December 20, 2023 @11:16AM
(#38710262)
I think physical videogames are a good collectible investment because emulators will keep the old games played forever. I don't think pop culture memorabilia is wise - people who pay top dollar for artifacts from movies and musicians. Rare coins have increased in value, but stamps have fallen off a cliff as the pool of collectors shrinks.
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Re:He closed a video game shop decades ago. His games could ...
by bombcar on Wednesday December 20, 2023 @11:18AM
(#38710292)
Pop culture memorabilia is always a bell curve; as those who were interested in it as children have large amounts of money for nostalgia when older drive the price up.
As they die off, the price begins to plateau and then drop.
Re:He closed a video game shop decades ago. His games could ...
by tsunamifury on Wednesday December 20, 2023 @11:27AM
(#38710395)
That’s why truly smart collectors start events like Monterey car week and Concours de elegance.
The judged competitions artificially keep prices high. Duce coupes now have continuous to growth in value even after their nostalgic generation of collectors has died due to judged competition wins.
Re:He closed a video game shop decades ago. His games could ...
by Blehmo on Wednesday December 20, 2023 @11:29AM
(#38710424)
Not for a lot of games because if you look at the production numbers, they were in the millions.
The nes alone sold over 60 million units.
Re:He closed a video game shop decades ago. His games could ...
by monero-xmr on Wednesday December 20, 2023 @11:49AM
(#38710673)
Obviously you only collect items that are worth collecting - pristine, rare, desirable. Then the question is if the item will hold value. Rare physical videogames I think can go up in value longterm, because new generations of players will enjoy the games via emulation. They are also easy to vault, can be displayed as conversation pieces, and often have stories behind them that provide a historical background that helps when pitching it at auction. Overall while this is a relatively new asset class, I think it has staying power.
Re:He closed a video game shop decades ago. His games could ...
by Blehmo on Thursday December 21, 2023 @09:39AM
(#38720925)
yes but with a installation base of 60 million, the chance that a game was made and became rare is rare.
And if you look at the documentary about the auction scam, you will see what the problem is: there are too many prestine nes cartridges available. Only if you don't know the market it makes sense to invest