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Rare/Collectable games question.

Hotman

Hey there,

I've started collecting games i think are rare for the last couple of weeks.
Now im not gonna be a geeky full room collector, but i have like 10 games now such as FF7 Misprint etc.

I have a weird question. it's only weird because noone's ever asked it, even though it's the natural question.

What happens to games that have been rare for years? Like Sega Master System games that are worth like 600 euro in 10 years?
What happens to the value of that Uncharted Limited edition box set with the knife thats already worth 2800?

Will they just be obsolete because you can't find them anymore? or will they keep going up and up and up forever? if thats the case in 50 years some of them would be worth a million quid or whatever

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Pac1Man

Any product is only worth what someone is willing to pay for it. Therefore no game will ever be worth a million quid. The going rate for each game will fluctuate over time depending on supply and demand.

krudler

Pac1Man wrote: »

Any product is only worth what someone is willing to pay for it. Therefore no game will ever be worth a million quid. The going rate for each game will fluctuate over time depending on supply and demand.

Sonic 06 will be the first.

MitchKoobski

krudler wrote: »

Sonic 06 will be the first.

"I will give you a million dollars to take this game and bury it in the desert where it can never find me again. I tried but I was too slow. It was no use."

MitchKoobski

krudler wrote: »

Sonic 06 will be the first.

"I will give you a million dollars to take this game and bury it in the desert where it can never find me again. I tried but I was too slow. It was no use."

CastorTroy

Hotman wrote: »

Hey there,

I've started collecting games i think are rare for the last couple of weeks.
Now im not gonna be a geeky full room collector, but i have like 10 games now such as FF7 Misprint etc.

I have a weird question. it's only weird because noone's ever asked it, even though it's the natural question.

What happens to games that have been rare for years? Like Sega Master System games that are worth like 600 euro in 10 years?
What happens to the value of that Uncharted Limited edition box set with the knife thats already worth 2800?

Will they just be obsolete because you can't find them anymore? or will they keep going up and up and up forever? if thats the case in 50 years some of them would be worth a million quid or whatever

I'm no expert on collectibles but from what I see on shows, things go in and out of fashion all the time. As for when to sell, isn't that always the question. "Oh it's worth 4 times its price now, so if I hold on to it longer it'll be worth more"

MitchKoobski wrote: »

"I will give you a million dollars to take this game and bury it in the desert where it can never find me again. I tried but I was too slow. It was no use."

Tried with ET but it was found. So desert isn't an option. :pac:

calex71

same rule that applies to comics really, anything printed after 1954 ain't worth squat and since computer games didn't come until later ....... there are exceptions but none are going to be worth much in the digital era

Hotman

So basically after a certain time, people won't collect the really console games anymore, therefor the game's, even rare games won't be in demand anymore so they'll lose there Elite value status?
i mean the prices can't just keep going up and up right? like in 20 years how much will a game that rare now be worth? probably nothing as noone will collect them anymore? it's a hard question to dicipher isn't it.

Like this, 600 dollars. so if it's like a guitar, it can only keep going up and up, so at what point does it stop?
http://www.ebay.com/itm/Super-Noahs-Ark-3D-Super-Nintendo-SNES-BRAND-NEW-FACTORY-SEALED-/111321449280?pt=Video_Games_Games&hash=item19eb468340

Hotman

Also by the way, do you guys know if a Sealed Copy of Two Worlds II ROYAL EDITION is rare, or will end up being rare at all?

Retr0gamer

There will be very few rare and valuable games from this gen and onwards. The consoles now have too big an install base and there's too many copies sold. Most of the collectors editions won't be worth much either since they were produced in such big quantities. One thing to note that even if a game is rare doesn't mean it is worth anything. If people don't want it the price will be low. The PSP and DS are we're the last few rare games of will be. There'll be exceptions like the 360 cave shooters.

As for that game you linked to its not worth that much. There's tonnes of overpriced games in ebay, doesn't mean they sell for that price. You can get that game for way cheaper. I buy a lot of old rare games and the ceiling is usually around 150 euros. You'd never have to spend anything more than that unless it was something that was boxed (and only really for games that have cardboard boxes which a flimsy unlike today's cases which are also required to keep games in good condition). Anything over 150 is usually something that is actually rare like psychic killer taromaru.

BeerWolf

If you've got yourself a collector's edition of World of Warcraft [not the expansions], see them going on ebay for €1200-4000+ (You'd be lucky to find any now, reeeeeeeeally rare), and the first expansion [The Burning Crusade] for €300+.

These are sealed, unused, mind you.

The first collector's edition of a new game, that later proves to be incredibly successful and produces multiple instalments later, tend to do well. Such as the case above with WoW.

Retr0gamer

Well if you are collecting sealed copies of games then that's a different matter and you are into the territory of the nerdy comic book guy 'but you removed it from its original packaging!'. I very much doubt those WoW special editions sell very often for that money. It's best to check the prices of completed auctions to get a better idea of their actual worth.

BeerWolf

http://www.ebay.com/sch/i.html?_sacat=0&_from=R40&LH_ItemCondition=3&LH_Complete=1&_nkw=world+of+warcraft++collector%27s+edition&_sop=16

Ingame collector's go nuts paying that much just for the ingame pets, why it HAS to be unused... which makes it next to impossible to get anymore of them... lol

o1s1n

There are 'fad' collectibles which will decrease in value and genuine ones which will always have some sort of high associated monetary value.

The largest bulk of fad collectibles are special editions etc. Some of these can really go for a lot of money (and do hold value, see some of the rarer Zelda special edition versions like that Majora's Mask one) - but most won't hold value long term. Especially ones of AAA titles from this and the last generation. Who's going to care about them in the future?

On the other hand, 'true' rare items, specifically from older generations of consoles where production runs were far lower (and they have more historical value) is the stuff you want to collect if you wish for items to appreciate in value long term.

cloud493

An ebay price isn't always accurate. Just cos I put something up for bid at €1000 doesn't mean its worth that.

o1s1n

Ebay is highly accurate for pricing, however people use it the wrong way.

As you said, you can't go by asking prices on items as people can ask whatever they want - it doesn't mean that's the item's value.

The real way to gauge the value of something is in the 'advanced search' section.

You can search through auctions which have ended. In this case, tick the box to view items which have sold. You'll then see the value people are willing to pay.

BCGMatt

Collecting anything based on pure monetary value is a sketchy game (pardon the pun) to get into. There are some things I would consider as an investment piece (Psychic Killer Taromaru, Radiant Silvergun and a lot of Japan only Saturn games would be considered if I could get them at the right price) but I still wouldn't pay book price for a game if I didn't think it would be worth it. There are literally thousands of games I want to play that don't require a re-mortgage of a house to buy, so I won't pay that.

o1s1n

BCGMatt wrote: »

Collecting anything based on pure monetary value is a sketchy game (pardon the pun) to get into. There are some things I would consider as an investment piece (Psychic Killer Taromaru, Radiant Silvergun and a lot of Japan only Saturn games would be considered if I could get them at the right price) but I still wouldn't pay book price for a game if I didn't think it would be worth it. There are literally thousands of games I want to play that don't require a re-mortgage of a house to buy, so I won't pay that.

Nobody should ever be collecting games based purely on monetary value, it sounds incredibly dull.

However, they are going up in value considerably. I'm currently trying to figure out if we've reached a peak or how much longer it's going to keep going up.

Most of my rarer stuff I bought 3-5 years ago and many of the titles have double and even trippled in value. Panzer Dragoon Saga for example only cost me €70 back then, some of the prices I've seen now are insane.

Snes games in particular are going through a moment of insanity, with some fully boxed stuff going for astronomical prices.

An even more extreme example is happening with arcade PCBs. I remember turning down an Armed Police Batrider board a few years back for €100 - now it'll fetch you €400+.

But yeah, that begs the question, are 16 bit games going up in price as people who played those games are reaching a mature salary age?

Will this eventually go into decline?

Only time will tell I guess. However, I did think the same thing a few years back and would have laughed at you if you'd told me some of the prices games are going for in 2014.

Hotman

o1s1n wrote: »

Nobody should ever be collecting games based purely on monetary value, it sounds incredibly dull.

However, they are going up in value considerably. I'm currently trying to figure out if we've reached a peak or how much longer it's going to keep going up.

Most of my rarer stuff I bought 3-5 years ago and many of the titles have double and even trippled in value. Panzer Dragoon Saga for example only cost me €70 back then, some of the prices I've seen now are insane.

Snes games in particular are going through a moment of insanity, with some fully boxed stuff going for astronomical prices.

An even more extreme example is happening with arcade PCBs. I remember turning down an Armed Police Batrider board a few years back for €100 - now it'll fetch you €400+.

But yeah, that begs the question, are 16 bit games going up in price as people who played those games are reaching a mature salary age?

Will this eventually go into decline?

Only time will tell I guess. However, I did think the same thing a few years back and would have laughed at you if you'd told me some of the prices games are going for in 2014.

I bought the Final Fantasy 7 Misprint First Print editon, i bought 2 Sealed Copies of Ride to hell retribution sealed (the worst game ever made apparently even though i though it was funny as hell), Do any of you know if Catherine is worth anything new?
Also i have Naruto Shippuden Ultimate Ninja Storm Generations Card Edition sealed?

BCGMatt

o1s1n wrote: »

Nobody should ever be collecting games based purely on monetary value, it sounds incredibly dull.

However, they are going up in value considerably. I'm currently trying to figure out if we've reached a peak or how much longer it's going to keep going up.

Most of my rarer stuff I bought 3-5 years ago and many of the titles have double and even trippled in value. Panzer Dragoon Saga for example only cost me €70 back then, some of the prices I've seen now are insane.

Snes games in particular are going through a moment of insanity, with some fully boxed stuff going for astronomical prices.

An even more extreme example is happening with arcade PCBs. I remember turning down an Armed Police Batrider board a few years back for €100 - now it'll fetch you €400+.

But yeah, that begs the question, are 16 bit games going up in price as people who played those games are reaching a mature salary age?

Will this eventually go into decline?

Only time will tell I guess. However, I did think the same thing a few years back and would have laughed at you if you'd told me some of the prices games are going for in 2014.

I don't collect purely on a return basis. I love playing games, I love to be able to run through the history of games at any point (well, from the late 80s onwards) and I think it's important to show kids what games were like when we were younger.

I think I even enjoy finding games on older consoles I never experienced first time round (like Chiki Chiki Boys on the Mega Drive) more than I enjoy finding more modern titles.

Don't get me wrong, in the future if I sell my collection (and I don't hand it down to my kids) a bit of profit would be nice, but it's not about that for me.

BeerWolf

People tend to make easy money buying numerous collector editions of whatever - then place them up for auction after they've been sold out come release day.

Making 50-150+% profit.

I've done this on all WoW expansions :P

€70 per official price purchases on CE's... sell them on Ebay for €120-€200.

Skerries

BeerWolf wrote: »

People tend to make easy money buying numerous collector editions of whatever - then place them up for auction after they've been sold out come release day.

Making 50-150+% profit.

I've done this on all WoW expansions :P

€70 per official price purchases on CE's... sell them on Ebay for €120-€200.

oh you're THAT GUY!

BeerWolf

Skerries wrote: »

oh you're THAT GUY!

dreamers75

I have:

Atari 2600 with 18 games
Spectrum with 75 games
C64 with 500 games
Amiga with 17 games
St with 7 games
Nes/Snes/N64 with 128 games
mega drive with CD thingie and 57 games
Ps1/2/3 with unknown games
3do with 7 games
Xbox/360 unknown games
CPS2 Sf2 in a pirate cab
Dreamcast and unopened Shemue and about 6 other games.
Fairly sure i left stuff out here gameboys etc

I would never sell that ****. im sure someone would make me an obscene offer for all of it but would rather keep it.

BeerWolf

Question:

I got a few Cartridge games that have like 100 games in them, 16, 50, etc. ... would they be considered as 'one' game or that many?

o1s1n

The only thing they're considered is pirate junk :P

BCGMatt

o1s1n wrote: »

The only thing they're considered is pirate junk :P

Like Action 52, or Cheetahmen 2?

Sephiroth_dude

I love collecting rare ps1/ps2 jprg's, I have suikoden 1 and 2,star ocean and a few others,I'm always on the look out for them.

Myrddin

calex71 wrote: »

same rule that applies to comics really, anything printed after 1954 ain't worth squat and since computer games didn't come until later ....... there are exceptions but none are going to be worth much in the digital era

Not sure I'd agree there, typically, game collectors collect because they want the product itself, as well as owning the game. They like having the box, the manual, the cart/cd etc. Owning games digitally doesn't appeal to a lot of collectors, myself largely included. I'd rather have my shelf of Snes games, over a collection of files on an hdd. Look at emulation for example, you could consider emulators/roms as being products of the 'digital era' long before people knew what digital era meant. I can have almost any game for any system I want, as an emulator & a file, but prices for physical carts/cd's have continued to rise & rise over the years, despite the ease of having these games digitally. Collectors want the look, feel, artwork, & experience of playing the real cart, on the real system.

There's the collectors who are often labeled as 'fad collectors' too, who typically dive into collecting, hoovering up tons of games for big money, & then burning out & selling it all back off again. These people will come & go, as always. But the real collectors, are the ones who were collecting retro games before the games were even retro, & a digital age means nothing to these people. As such, there will always be a market for physical game collecting imo.

Retr0gamer

Theres also the fact that the emulation on digital games is usually far from emulating the original hardware anywhere close to perfectly. Then there's some games that will never be rerelease due to licensing issues or people just not caring enough about them.

o1s1n

BCGMatt wrote: »

Like Action 52, or Cheetahmen 2?

They're unlicensed original games, not bootleg multicarts - there's a difference