Just kidding...I don't know if someone would pay a premium for a lot like that, but with NintendoTwizer selling his, I would certainly guess there somebody out there! I don't know how accurate the quotes would be that you would get on here since it seemed that everybody on NA didn't think NintendoTwizer's collection was worth $130,000. Maybe talk to him about the profile of the buyer to find out why they felt his collection was worth that much to them?
If I may ask, why are you considering selling ("already") ? I feel like just a moment ago I was following your NES CIB buying thread with great interest..
Surely, I will hear the response, "better off splitting up and selling". But the truth is, I want to find someone out there who is going to pay the premium to get the whole damn shebang at once.
Thoughts?
Unfortunatly that's now how it usually works. Unless you get crazy exposure for your sale somehow, you simply don't get a premium from selling it all at once.
Surely, I will hear the response, "better off splitting up and selling". But the truth is, I want to find someone out there who is going to pay the premium to get the whole damn shebang at once.
Thoughts?
Unfortunatly that's now how it usually works. Unless you get crazy exposure for your sale somehow, you simply don't get a premium from selling it all at once.
Agreed. You gotta do the work if you want to get the premium.
If I may ask, why are you considering selling ("already") ? I feel like just a moment ago I was following your NES CIB buying thread with great interest..
Well, to be completely honest, I really don't want to sell my collection, not now, not ever. Unfortunately, time goes by and changes in life occur, not to mention wants and needs change as well. I'm just trying to get an idea from others on what they think something like an NES set is actually worth. I can't recall in all the years collecting ever seeing someone sell CIB. I've seen cart only quite a handful of times.
I imagine a complete loose set with SE would be around 20k+ so double that and take away the price of a CIB SE, and then some if thangs ain't minty.
Yep, I agree totally. I have a lot of mint boxes for sure, but some aren't. My Flintstones Dinosaur Peak box is nice but not mint. On the other hand, I have quite a nice Little Samson box. I guess putting a price on the whole set isn't possible because of factors like this. Just take FFF: Athletic World for example. I got a nearly perfect box on that one. Dain has a mint one for $1k on eBay and someone else is selling a beat up box for 100 dollars. With such varying values on some of the rare stuff, I guess it is silly to come here and ask for a quote without knowing condition and other factors.
in average condition on everything, you are still looking at about 35-40k. I agree with doner here. however, if you want to sell it all at once, i would expect to get less. if you sell it piece by piece, you will get more attention (like the guy selling his collection on ebay now). his CIB games are going well over market prices. if that happens to your shit, you could easily be in the 40-50k range. selling all at once is a HUGE convenience for you... and you will pay for that convenience by not making as much. if you have the time and desire, selling one by one is the way to go in order to maximize your profits! I am in the same boat as you... I would kind of like to have the money instead of the collection at this point in life, but I am too lazy, so it just sits on the shelves!
I'll be the first to admit I don't have a clue about this specific topic, but It seems fairly simple to me.
If I was an interested buyer, the first thing I would ask you is how you arrived at X price? The more preperation you've done, the less due diligence the buyer will need to do. At the very least, I'd be prepared with an excel spread sheet breaking down each game/box and your perceived value of it. If you genuinely take the time to go through everything and everything adds up to 54K, you'll have a pretty good selling point asking for 40K. If it adds up to $42k, then you can feel comfortable asking for some number relative to that value. You get what I'm saying here - you have to do something to show why you think it's worth what you want for it.
To me, this would be the only logical and practical way to arrive at any price, whether an asking or an offer. Ultimately, there's no comparing apples to apples with this stuff, especially at this level - as the varying degrees of mint can be the difference between thousands of dollars with this many boxes. I could be wrong, but I'm guessing the guy who sold his collection for 130k had solid justification for why he arrived at that number.
This is no different than any other large sale/purchase, except there are 1000+ parts that need to be evaluated and valued. And you're not offering a warranty! It's just part of the process if you expect to get max value for anything.
^ Well, the guy who sold his collection for 130k is NintendoTwizer. Most of his games were cart only and I believe a fair portion of the collection was GB, GBC, and GBA. Now, I believe someone calculated out the # of games and divided it by 130k and came up with him getting 27 dollars per game: 27 dollars per cart only game boy game for example. Perhaps it worked out in his favor because if I was to sell my NES collection at 27 a game, I'd be getting 20k for 800 games, which from my personal numbers determined 20 top priced NES games are worth over 10k combined. and I'd get 10k for 780 boxed NES games, no duplicates. Bad math, bad numbers, and exactly why I was just trying to get some feedback from fellows of NA.
Comments
Just kidding...I don't know if someone would pay a premium for a lot like that, but with NintendoTwizer selling his, I would certainly guess there somebody out there! I don't know how accurate the quotes would be that you would get on here since it seemed that everybody on NA didn't think NintendoTwizer's collection was worth $130,000. Maybe talk to him about the profile of the buyer to find out why they felt his collection was worth that much to them?
Originally posted by: XYZ
Surely, I will hear the response, "better off splitting up and selling". But the truth is, I want to find someone out there who is going to pay the premium to get the whole damn shebang at once.
Thoughts?
Unfortunatly that's now how it usually works. Unless you get crazy exposure for your sale somehow, you simply don't get a premium from selling it all at once.
Originally posted by: B.A.
Originally posted by: XYZ
Surely, I will hear the response, "better off splitting up and selling". But the truth is, I want to find someone out there who is going to pay the premium to get the whole damn shebang at once.
Thoughts?
Unfortunatly that's now how it usually works. Unless you get crazy exposure for your sale somehow, you simply don't get a premium from selling it all at once.
Agreed. You gotta do the work if you want to get the premium.
Originally posted by: Aatos
If I may ask, why are you considering selling ("already") ? I feel like just a moment ago I was following your NES CIB buying thread with great interest..
Well, to be completely honest, I really don't want to sell my collection, not now, not ever. Unfortunately, time goes by and changes in life occur, not to mention wants and needs change as well. I'm just trying to get an idea from others on what they think something like an NES set is actually worth. I can't recall in all the years collecting ever seeing someone sell CIB. I've seen cart only quite a handful of times.
Originally posted by: nes_pimp
I imagine a complete loose set with SE would be around 20k+ so double that and take away the price of a CIB SE, and then some if thangs ain't minty.
Yep, I agree totally. I have a lot of mint boxes for sure, but some aren't. My Flintstones Dinosaur Peak box is nice but not mint. On the other hand, I have quite a nice Little Samson box. I guess putting a price on the whole set isn't possible because of factors like this. Just take FFF: Athletic World for example. I got a nearly perfect box on that one. Dain has a mint one for $1k on eBay and someone else is selling a beat up box for 100 dollars. With such varying values on some of the rare stuff, I guess it is silly to come here and ask for a quote without knowing condition and other factors.
If I was an interested buyer, the first thing I would ask you is how you arrived at X price? The more preperation you've done, the less due diligence the buyer will need to do. At the very least, I'd be prepared with an excel spread sheet breaking down each game/box and your perceived value of it. If you genuinely take the time to go through everything and everything adds up to 54K, you'll have a pretty good selling point asking for 40K. If it adds up to $42k, then you can feel comfortable asking for some number relative to that value. You get what I'm saying here - you have to do something to show why you think it's worth what you want for it.
To me, this would be the only logical and practical way to arrive at any price, whether an asking or an offer. Ultimately, there's no comparing apples to apples with this stuff, especially at this level - as the varying degrees of mint can be the difference between thousands of dollars with this many boxes. I could be wrong, but I'm guessing the guy who sold his collection for 130k had solid justification for why he arrived at that number.
This is no different than any other large sale/purchase, except there are 1000+ parts that need to be evaluated and valued. And you're not offering a warranty! It's just part of the process if you expect to get max value for anything.