I'm working on it. I can trace it back to 2003. The cart was sold that year to Bronty by Dave Loveland when he was getting rid of his entire collection. But I cannot trace it back earlier than that because Dave is not really reachable. Maybe somebody else on this forum has some ideas?
I'd DreamTR if he sold it to Loveland. He had at one time what, 6 of them?
Loveland didn't buy it from Jason. If I had my old emails I could tell you where from, but it was someone else. Dave paid 5k at the time which was above market then
I'd DreamTR if he sold it to Loveland. He had at one time what, 6 of them?
Loveland didn't buy it from Jason. If I had my old emails I could tell you where from, but it was someone else. Dave paid 5k at the time which was above market then
Do you you know what year he bought one? 5k hasn't been above market for a long time. Then again what market price should be has always been up for debate.
Captain falcon on DP bought one from dream for 6500 back in 2002 or so. Then Captain falcon sold it like a year or so later for a loss.
I think I paid 4k for mine which was before Captain Falcon bought his. I'm guessing back around 2001?
Looking at my notes I bought a gold from Dream for 4k in 2002.
Captain Falcon did buy one also from Dream for 6500 but it was considered by many to be above market at the time. We didn't have to wait long for confirmation to that theory. It was proven to be so when Captain Falcon tried to resell it and ended up selling it for a loss.
I'm not sure who captain falcon sold it to or how much it went for.
I think I'm remembering that one of the guys dave was considering buying one from was player-2? I have no idea if that's who he actually bought from, but its worth an email or two. I might also just be misremembering; its been 10 years after all.
This is my first post on this site, but I've been collecting for 15 years now. I just wanted to introduce myself to the community. I am the winner of the Gold NWC cart from jp-rex1 (real name Josh). I just received it today via overnight UPS and its definitely legit. Works perfectly. Please see the attached photos.
Josh told me that he initially purchased the cart about 10 years ago from a person in Canada named Dan Moreska (spelling?). If he exists on this website it would be nice to meet him. I don't know anything else except that he liked to collect game artwork.
I also own the Grey NWC cart #305. This was initially owned by Steven Gingerich (known as icemn187 on NA) who was a local winner in the competition in 1990 and he made it to the semi-finals. He then sold it to Rob Fischer in person who is an NA moderator (known as themotherbrain) in 2008 to help pay for his wedding. Then in 2011 it was purchased by Joseph (last name I know but prefer not to list it here). And I purchased it in September 2014 from Joseph at this link from Ebay:
So I just wanted to get my name out there for the record and to prove the NWC Gold auction was legit. Feel free to message me with any questions.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
This is my first post on this site, but I've been collecting for 15 years now. I just wanted to introduce myself to the community. I am the winner of the Gold NWC cart from jp-rex1 (real name Josh). I just received it today via overnight UPS and its definitely legit. Works perfectly. Please see the attached photos.
Josh told me that he initially purchased the cart about 10 years ago from a person in Canada named Dan Moreska (spelling?). If he exists on this website it would be nice to meet him. I don't know anything else except that he liked to collect game artwork.
I also own the Grey NWC cart #305. This was initially owned by Steven Gingerich (known as icemn187 on NA) who was a local winner in the competition in 1990 and he made it to the semi-finals. He then sold it to Rob Fischer in person who is an NA moderator (known as themotherbrain) in 2008 to help pay for his wedding. Then in 2011 it was purchased by Joseph (last name I know but prefer not to list it here). And I purchased it in September 2014 from Joseph at this link from Ebay:
So I just wanted to get my name out there for the record and to prove the NWC Gold auction was legit. Feel free to message me with any questions.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
x2
If I was making the money that I do now when I was single...well, I probably wouldn't have made it to now because I'm sure I would have bought something like an Acura NSX and managed to kill myself in it.
Even if you have $30,000 in NWC Gold debt you can always sell your NWC Gold to get out of it.
Plus with excellent credit it's not exactly hard to get a $30,000 personal loan to fund an NWC Gold...Although you'll be paying around $950 a month for about 3 years if you borrow the full 30k. $600 if you do 5 years.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
Around here first year salaries for skilled work easily supports high end collections when there is nothing like mortgage/kids. Programmers ($70k) and bio/chem ($60k) peeps are everywhere, and someone buying NES era items has likely been getting raises from those starting points for 10 years. My bro has easily made $1M from Apple stock and another $1M from Apple salary, so now NWC is about 7 weeks of work for him.
To add upon that, there are some people here with there own high-6, and low 7 figure businesses.
For example, on a daily basis my families company can spend around $5,000 to $7,500 worth of inventory and operating costs. (Comes out to 1.2-1.8 Mil per year)
If I had access to a weeks worth of finances... I wouldn't have to worry about paying my debts off!
I'm more than sure there are other business owners here who can say similar stories.
Sheesh, people would finance an NWC Gold? I thought most people were buying things cash but maybe I'm wrong. You never want to be in a position when you "have to sell" a grail, or you can take a loss like Udisi mentioned earlier in the thread. Someone spends $5 or $6k and then sells it for $2700 when they are strapped for cash, horrible planning on their end.
Also, not NWC Gold but related, the NWC Gray is relisted, apparently a non-paying bidder. I wonder if there were some bidders in the NWC Gold that wouldn't have paid too.
If I was set up in my own home, paid off all other debts, savings is healthy, retirement setup, and had a predictable and stable income. I'd gladly pull out cash from a HELOC to fund an NWC.
The interest is tax deductible so essentially I'm just splitting up the payment over a few years and at anytime I can pay it off at once so long as I sign up for a HELOC without early payment fees.
This way you keep your emergency fund, your savings is still healthy, and you can sleep easy knowing it's a safe investment that can only appreciate in value so long as you buy the real deal.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
Anybody earning as a professional of some sort who chose to forgoe traditional market investments could afford something like this instead, assuming they had a decent savings rate, and weren't trying to "keep up with the Joneses"
That said, it is still a crapload of money to put into a single item... not much in the way of diversification
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
x2
If I was making the money that I do now when I was single...well, I probably wouldn't have made it to now because I'm sure I would have bought something like an Acura NSX and managed to kill myself in it.
I was amazed when a coworker showed me that you can buy lightly used Aston Martins in the 50k range.
You probably could have had an NSX for cheaper than you'd be inclined to expect.
If I was going to die in a fiery wreck, I'd want an Ariel Atom, personally.
Though, as a convenient lifestyle choice (function of living in a 1920's house), I don't have an attached garage so any dreams of fancy cars were given up long ago.
I'm sure the interest effect would be nominal, probably 3-4% or even less. Similar to a car loan, not a mortgage, interest would probably be under $50 / month.
Either way, the purpose of collecting, to the vast majority of people, is to have fun. Seems like a lot more fun buying a $100 item that becomes $200 than $26k that becomes $30k, especially considering that high end items are not nearly that liquid.
He rolled the dice and auctioned it because he got it cheap compared to today's value and he knew he'd cover his cost. If you paid $26k, then you probably aren't going to be as faithful in the auction method, since you could lose your ass. So you'd list at a BIN like $35k OBO (for example), and you'd be relisting month after month as people play the stalemate game with you to see how much you drop in ask price.
Either way, the most successful collectors in the hobby are successful because they A) Spend wisely Have attachments to the items they hold and C) Don't treat items as investements.
You treat an item as an investment, you are going to need to sell it. You treat an item as a collectible, it isn't leaving your hand until someone offers you enough to pry it out of your hands. Big difference.
Either way, the most successful collectors in the hobby are successful because they A) Spend wisely Have attachments to the items they hold and C) Don't treat items as investements.
You treat an item as an investment, you are going to need to sell it. You treat an item as a collectible, it isn't leaving your hand until someone offers you enough to pry it out of your hands. Big difference.
I Absolutely agree. I feel like that's why I've done fine enough with prototypes. I've never purchased the item as an investment that I'd eventually need to sell. I've purchased them as collectors pieces that I'd be fine with selling for a gain or a loss. I never had a loan hanging over my head that needed to be paid, so if an open-auction prototype ended at $50 or $5,000 it wouldn't matter.
Comments
Originally posted by: dukepharo
I'm working on it. I can trace it back to 2003. The cart was sold that year to Bronty by Dave Loveland when he was getting rid of his entire collection. But I cannot trace it back earlier than that because Dave is not really reachable. Maybe somebody else on this forum has some ideas?
This is the best I could find: http://www.ebay.com/usr/dlcollectables?rt=nc
And yes, I have PM'd DreamTR. Maybe he can help. According to this article, he had seven of them....
http://www.wired.com/2011/09/golden-nintendo-quest/all/
I'd DreamTR if he sold it to Loveland. He had at one time what, 6 of them?
Loveland didn't buy it from Jason. If I had my old emails I could tell you where from, but it was someone else. Dave paid 5k at the time which was above market then
Originally posted by: Bronty
Originally posted by: buyatari2
I'd DreamTR if he sold it to Loveland. He had at one time what, 6 of them?
Loveland didn't buy it from Jason. If I had my old emails I could tell you where from, but it was someone else. Dave paid 5k at the time which was above market then
Do you you know what year he bought one? 5k hasn't been above market for a long time. Then again what market price should be has always been up for debate.
Captain falcon on DP bought one from dream for 6500 back in 2002 or so. Then Captain falcon sold it like a year or so later for a loss.
I think I paid 4k for mine which was before Captain Falcon bought his. I'm guessing back around 2001?
Captain Falcon did buy one also from Dream for 6500 but it was considered by many to be above market at the time. We didn't have to wait long for confirmation to that theory. It was proven to be so when Captain Falcon tried to resell it and ended up selling it for a loss.
I'm not sure who captain falcon sold it to or how much it went for.
I also PM'd DreamTR and he said the cart was not one of his original 7.
The last lead is to find Dave Loveland at this point....
Hey everybody,
This is my first post on this site, but I've been collecting for 15 years now. I just wanted to introduce myself to the community. I am the winner of the Gold NWC cart from jp-rex1 (real name Josh). I just received it today via overnight UPS and its definitely legit. Works perfectly. Please see the attached photos.
Josh told me that he initially purchased the cart about 10 years ago from a person in Canada named Dan Moreska (spelling?). If he exists on this website it would be nice to meet him. I don't know anything else except that he liked to collect game artwork.
I also own the Grey NWC cart #305. This was initially owned by Steven Gingerich (known as icemn187 on NA) who was a local winner in the competition in 1990 and he made it to the semi-finals. He then sold it to Rob Fischer in person who is an NA moderator (known as themotherbrain) in 2008 to help pay for his wedding. Then in 2011 it was purchased by Joseph (last name I know but prefer not to list it here). And I purchased it in September 2014 from Joseph at this link from Ebay:
http://www.ebay.com/itm/The-Ultim...
I have additinally purchased these other NWC collector items from Ebay:
http://www.ebay.com/itm/Vintage-N...
http://www.ebay.com/itm/RARE-Nint...
http://www.ebay.com/itm/221641859...
So I just wanted to get my name out there for the record and to prove the NWC Gold auction was legit. Feel free to message me with any questions.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
Originally posted by: gutsman004
Originally posted by: dukepharo
Hey everybody,
This is my first post on this site, but I've been collecting for 15 years now. I just wanted to introduce myself to the community. I am the winner of the Gold NWC cart from jp-rex1 (real name Josh). I just received it today via overnight UPS and its definitely legit. Works perfectly. Please see the attached photos.
Josh told me that he initially purchased the cart about 10 years ago from a person in Canada named Dan Moreska (spelling?). If he exists on this website it would be nice to meet him. I don't know anything else except that he liked to collect game artwork.
I also own the Grey NWC cart #305. This was initially owned by Steven Gingerich (known as icemn187 on NA) who was a local winner in the competition in 1990 and he made it to the semi-finals. He then sold it to Rob Fischer in person who is an NA moderator (known as themotherbrain) in 2008 to help pay for his wedding. Then in 2011 it was purchased by Joseph (last name I know but prefer not to list it here). And I purchased it in September 2014 from Joseph at this link from Ebay:
http://www.ebay.com/itm/The-Ultimate-Nintendo-World-Champion...
I have additinally purchased these other NWC collector items from Ebay:
http://www.ebay.com/itm/Vintage-Nintendo-World-Championships...
http://www.ebay.com/itm/RARE-Nintendo-World-Championships-19...
http://www.ebay.com/itm/221641859975
So I just wanted to get my name out there for the record and to prove the NWC Gold auction was legit. Feel free to message me with any questions.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
Originally posted by: doner24
Originally posted by: gutsman004
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
x2
If I was making the money that I do now when I was single...well, I probably wouldn't have made it to now because I'm sure I would have bought something like an Acura NSX and managed to kill myself in it.
Even if you have $30,000 in NWC Gold debt you can always sell your NWC Gold to get out of it.
Plus with excellent credit it's not exactly hard to get a $30,000 personal loan to fund an NWC Gold...Although you'll be paying around $950 a month for about 3 years if you borrow the full 30k. $600 if you do 5 years.
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
Around here first year salaries for skilled work easily supports high end collections when there is nothing like mortgage/kids. Programmers ($70k) and bio/chem ($60k) peeps are everywhere, and someone buying NES era items has likely been getting raises from those starting points for 10 years. My bro has easily made $1M from Apple stock and another $1M from Apple salary, so now NWC is about 7 weeks of work for him.
For example, on a daily basis my families company can spend around $5,000 to $7,500 worth of inventory and operating costs. (Comes out to 1.2-1.8 Mil per year)
If I had access to a weeks worth of finances... I wouldn't have to worry about paying my debts off!
I'm more than sure there are other business owners here who can say similar stories.
Also, not NWC Gold but related, the NWC Gray is relisted, apparently a non-paying bidder. I wonder if there were some bidders in the NWC Gold that wouldn't have paid too.
http://www.ebay.com/itm/NINTENDO-WORLD-CHAMPIONSHIPS-Grey-NES-Game-Cartridge-RARE-/221656099543
The interest is tax deductible so essentially I'm just splitting up the payment over a few years and at anytime I can pay it off at once so long as I sign up for a HELOC without early payment fees.
This way you keep your emergency fund, your savings is still healthy, and you can sleep easy knowing it's a safe investment that can only appreciate in value so long as you buy the real deal.
Originally posted by: gutsman004
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
Anybody earning as a professional of some sort who chose to forgoe traditional market investments could afford something like this instead, assuming they had a decent savings rate, and weren't trying to "keep up with the Joneses"
That said, it is still a crapload of money to put into a single item... not much in the way of diversification
Originally posted by: captmorgandrinker
Originally posted by: doner24
Originally posted by: gutsman004
I've always wondered this about high end collectors.....what do you do for a living to be able to afford 5k,10k,20k+ items like this? Doctor? Lawyer? Druglord?
There are a lot of well paying jobs out there. Often times you couple that with someone who doesn't have a wife and kids and it is pretty easy to come up with some serious cash in a hurry. Not saying that is what this guys story is, but it is certainly true for quite a few folks out there in numerous hobbies.
x2
If I was making the money that I do now when I was single...well, I probably wouldn't have made it to now because I'm sure I would have bought something like an Acura NSX and managed to kill myself in it.
I was amazed when a coworker showed me that you can buy lightly used Aston Martins in the 50k range.
You probably could have had an NSX for cheaper than you'd be inclined to expect.
If I was going to die in a fiery wreck, I'd want an Ariel Atom, personally.
Though, as a convenient lifestyle choice (function of living in a 1920's house), I don't have an attached garage so any dreams of fancy cars were given up long ago.
If you're buying a NWC Gold, it should be in cash. If not, you should seriously reevaluate your spending habits.
If you look at it as a tangible investment then it's a lot safer than buying actual gold these days (hope we hit bottom soon!)
No one buys NWC gold to play it when NWC Grey exists...even more so when repros exist. People buy it to show off, fulfill a dream, or invest.
Originally posted by: JosephLeo
No one buys NWC gold to play it when NWC Grey exists...even more so when repros exist. People buy it to show off, fulfill a dream, or invest.
I agree. What I don't agree with is paying nearly $1,000 a month in interest for such an item.
Either way, the purpose of collecting, to the vast majority of people, is to have fun. Seems like a lot more fun buying a $100 item that becomes $200 than $26k that becomes $30k, especially considering that high end items are not nearly that liquid.
He rolled the dice and auctioned it because he got it cheap compared to today's value and he knew he'd cover his cost. If you paid $26k, then you probably aren't going to be as faithful in the auction method, since you could lose your ass. So you'd list at a BIN like $35k OBO (for example), and you'd be relisting month after month as people play the stalemate game with you to see how much you drop in ask price.
Either way, the most successful collectors in the hobby are successful because they A) Spend wisely
You treat an item as an investment, you are going to need to sell it. You treat an item as a collectible, it isn't leaving your hand until someone offers you enough to pry it out of your hands. Big difference.
Originally posted by: jonebone
Either way, the most successful collectors in the hobby are successful because they A) Spend wisely
You treat an item as an investment, you are going to need to sell it. You treat an item as a collectible, it isn't leaving your hand until someone offers you enough to pry it out of your hands. Big difference.
I Absolutely agree. I feel like that's why I've done fine enough with prototypes. I've never purchased the item as an investment that I'd eventually need to sell. I've purchased them as collectors pieces that I'd be fine with selling for a gain or a loss. I never had a loan hanging over my head that needed to be paid, so if an open-auction prototype ended at $50 or $5,000 it wouldn't matter.
Originally posted by: BeaglePuss
Originally posted by: JosephLeo
No one buys NWC gold to play it when NWC Grey exists...even more so when repros exist. People buy it to show off, fulfill a dream, or invest.
I agree. What I don't agree with is paying nearly $1,000 a month in interest for such an item.
Who said anything about $1k/mo in interest?
That was the total payment in the scenario he mentioned (interest + principal)
EDIT: NOT suggesting that financing collectibles is a good idea, at all, just that it would be cheaper than you're suggesting.
Originally posted by: BeaglePuss
I agree. What I don't agree with is paying nearly $1,000 a month in interest for such an item.
Oh God, $1,000 a month? I can't imagine paying that much on a loan other than a luxury car, or a mortgage on a $200,000 property.
Originally posted by: JosephLeo
Originally posted by: BeaglePuss
I agree. What I don't agree with is paying nearly $1,000 a month in interest for such an item.
Oh God, $1,000 a month? I can't imagine paying that much on a loan other than a luxury car, or a mortgage on a $200,000 property.
I meant including interest lol! That was a serious typo on my part.