Value of Retro video games dropping?

2

Comments

  • Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.
  • Originally posted by: BooBerryCrunch



    There is no valid reason to ever be playing Bill & Ted's excellent adventure



    i almost want to make this quote my sig ^-^
  • All I know is prices have gone down on a few titles. I do not need them, but they have gone down some.  
  • Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     
  • Its crazy just how out of touch with reality some people are, especially when it comes to "resellers". All the people that hate "resellers" are the ones with the finders keepers thread where they talked an old lady down with "everything for sale soon!" At the bottom.



    Silly, silly people.
  • Originally posted by: mattbep

     
    Originally posted by: DarkKobold



    You know, I was wondering why there wasn't a bubble burst thread for a while. Thanks OP.



    Every so often there has to be one.

    I know, I feel like there should just be a stickied thread: "Debate the current state of the market"



    Personally, I think things are starting to slow down a bit. There is too much competition out there, so people can't make "finds" as often. This means they are less inclined to keep collecting, if there aren't deals to be had.



     
  • Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     





    What are you talking about? Please define "reseller nonsense" for us. 
  • Originally posted by: xMaGuSx

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Again, resellers aren't the problem. It's the buyers.

    I'm a buyer most of the time and I'm not about to shell out their asking price. Resellers are the ones popping up everywhere looking for gold.



    Correct me if I'm wrong but didn't we have a thread here a few weeks ago where some guys up north took a few tubs into a goodwill taking everything up for themselves sifting through all and only buying up the stuff they knew went for $20+? RESELLERS!!!



     

    SO apparently you are the only buyer and represent the entire hobby collectively. Cool. 



    There are TONS of people who WILL shell out the money. Just because you won't is irrelevant to the discussion. 



    Out of curiosity are these resellers holding the buyers at gun point to purchase their items?



     

    1. Ok, now you're just trying to pick a fight. I never said I represent everyone involved with this hobby.

    2. Those have the money to do so they should if they really want the game bad enough.

    3. Yes, its either emulate the game or pay their BS prices.





     
  • Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     



    None of that is true in my case, but you're free to believe whatever you want  

     
  • Originally posted by: MrWunderful

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     





    What are you talking about? Please define "reseller nonsense" for us. 



    Those defending it are either a reseller or buddy, buddy with one not caring as long as they get great deals and the prices these resellers set keeps their games highly valuable.





     
  • Originally posted by: Jerbilly



    Hipsters have nothing to do with it. Good grief. This is reading like a Clinton email newsfeed now. Let's either talk with some sense or just talk shit. Might as well say it's illegal immigrants.

    Hipsters have alot to do with it, It's cool to collect old games. I see alot of guys my age and older that buy games, but the ones I see that don't bat an eye on prices in stores are the hipsters. Out of the two stores I shop at the most, one has prices low enough that games dissapear the day they are put out, but the other one prices about 10% higher than eBay. I run into alot of collectors in that store because they tend to keep nicer titles on the shelf longer. Other collectors will stay and talk to each other and often the conversation turns to us talking about prices 10 years ago, but when the hipster kids from the local college are in there all we hear is "Dude, *your fave youtuber here* did a video on this it rocks! I'm buying it. Due to these hipster kids the store keeps charging over ebay price, even for games that have the labels half gone. It may just be in my area, but even the owner of that store told me that some of the biggest spenders in his store were born long after the NES era, and if their Youtuber says its good, whatever is on the pricetag is paid.
  • Originally posted by: MrWunderful



    Its crazy just how out of touch with reality some people are, especially when it comes to "resellers". All the people that hate "resellers" are the ones with the finders keepers thread where they talked an old lady down with "everything for sale soon!" At the bottom.



    Silly, silly people.



    I agree, I used to be all up in arms about resellers, but I have come to realize that I was just upset that I was not the onlyone in my town buying up retro anymore. Sure, I don't stoop to some of the trashy things career resellers do, but I have probably sold more games online in the last 16 years than some of the resellers that have popped up in the last 5-7 years have. I have learned that becomming friends with them is the best option.





     
  • Originally posted by: Sinnbox

     
    Originally posted by: Jerbilly



    Hipsters have nothing to do with it. Good grief. This is reading like a Clinton email newsfeed now. Let's either talk with some sense or just talk shit. Might as well say it's illegal immigrants.

    Hipsters have alot to do with it, It's cool to collect old games. I see alot of guys my age and older that buy games, but the ones I see that don't bat an eye on prices in stores are the hipsters. Out of the two stores I shop at the most, one has prices low enough that games dissapear the day they are put out, but the other one prices about 10% higher than eBay. I run into alot of collectors in that store because they tend to keep nicer titles on the shelf longer. Other collectors will stay and talk to each other and often the conversation turns to us talking about prices 10 years ago, but when the hipster kids from the local college are in there all we hear is "Dude, *your fave youtuber here* did a video on this it rocks! I'm buying it. Due to these hipster kids the store keeps charging over ebay price, even for games that have the labels half gone. It may just be in my area, but even the owner of that store told me that some of the biggest spenders in his store were born long after the NES era, and if their Youtuber says its good, whatever is on the pricetag is paid.



    Just wait until Pewdiepie starts doing what Metal Jesus Rocks does. You think its bad now.... no, no, no.

     
  • Originally posted by: Sinnbox

     
    Originally posted by: Jerbilly



    Hipsters have nothing to do with it. Good grief. This is reading like a Clinton email newsfeed now. Let's either talk with some sense or just talk shit. Might as well say it's illegal immigrants.

    Hipsters have alot to do with it, It's cool to collect old games. I see alot of guys my age and older that buy games, but the ones I see that don't bat an eye on prices in stores are the hipsters. Out of the two stores I shop at the most, one has prices low enough that games dissapear the day they are put out, but the other one prices about 10% higher than eBay. I run into alot of collectors in that store because they tend to keep nicer titles on the shelf longer. Other collectors will stay and talk to each other and often the conversation turns to us talking about prices 10 years ago, but when the hipster kids from the local college are in there all we hear is "Dude, *your fave youtuber here* did a video on this it rocks! I'm buying it. Due to these hipster kids the store keeps charging over ebay price, even for games that have the labels half gone. It may just be in my area, but even the owner of that store told me that some of the biggest spenders in his store were born long after the NES era, and if their Youtuber says its good, whatever is on the pricetag is paid.

    I actually haven't noticed that, though i'm in a rural area. It does seem like that would have an influence, but idk how much effect it would actually have. Wouldn't most collectors know that ebay has the games for %10 less as you do and stop buying from the store? Unless if the majority of the customers are hipsters it seems like that'd be a pretty big drop in business for the retro game store.



     
  • Originally posted by: xMaGuSx

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Again, resellers aren't the problem. It's the buyers.

    I'm a buyer most of the time and I'm not about to shell out their asking price. Resellers are the ones popping up everywhere looking for gold.



    Correct me if I'm wrong but didn't we have a thread here a few weeks ago where some guys up north took a few tubs into a goodwill taking everything up for themselves sifting through all and only buying up the stuff they knew went for $20+? RESELLERS!!!



     

    SO apparently you are the only buyer and represent the entire hobby collectively. Cool. 



    There are TONS of people who WILL shell out the money. Just because you won't is irrelevant to the discussion. 



    Out of curiosity are these resellers holding the buyers at gun point to purchase their items? 



     



    Thanks for the reminder!   Gotta pick up more ammo before this weekend's Con.   

     
  • Hell, we can only hope. I wish it would crash. There are too many people in the business to make money and don't care about the games. I'd love to be able to get $5 games on 90% of titles again. You shouldn't ever look at video games as an investment. Should we panic? Do you buy games because you enjoy playing them or because you like looking at their price tag?
  • Back to OP's question, I too have been wondering about prices, but it seems to me that although some prices are stagnant, and some dropping, that there is still a strong demand out there, and many titles are going up still.



    We have seen this happen many times before, and I think some of it has to do with people that worry about their "Investment." Imagine if 5-10 people on NA saw this thread and thought that prices were going to bottom out soon, We would have a huge influx of games on the market, and prices would dip for a bit while those games were taken back off of the market.



    This is one reason why I was fighting so hard in the "rarity" thread this summer, Rarity is what the total amount is, not the amount on the market. Market amount changes daily, and that also affects prices. It's common economics to know that if supply exceeds demand prices will come down. For anyone here worried about "value" decreasing, your best bet is to hold onto those games so supply does not exceed demand.
  • Remember people, if it weren't for resellers hitting garrage sales and thrift stores, a lot more games would be in attics or landfills instead of in collections. They do offer a valuable service to the hobby. However speculative buyers who hoard stuff just to flip for profit will be sorely disappointed when their little bull market runs dry. Prices will not return to early-mid 2000s prices, but I do believe they will be more reasonable in the long run.
  • Originally posted by: ZeldaMaster64

    Originally posted by: MrWunderful

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     





    What are you talking about? Please define "reseller nonsense" for us. 



    Those defending it are either a reseller or buddy, buddy with one not caring as long as they get great deals and the prices these resellers set keeps their games highly valuable.





     





    Dude you are so out of touch it's funny. I am not picking fights. You are making blanket statements that are just not true and i am calling you out on it. Another one being what you said above. I don't know any resellers and i don't resell. I just am not entitled like you are and blaming the entire market state on resellers which is ridiculous.
  • Originally posted by: Too Beaucoup



    Hell, we can only hope. I wish it would crash. There are too many people in the business to make money and don't care about the games. I'd love to be able to get $5 games on 90% of titles again. You shouldn't ever look at video games as an investment. Should we panic? Do you buy games because you enjoy playing them or because you like looking at their price tag?



    If it does crash most of the people on this site will lose their shit and fast because most of them look at these games as investments.

     
  • Originally posted by: ZeldaMaster64

     
    Originally posted by: Too Beaucoup



    Hell, we can only hope. I wish it would crash. There are too many people in the business to make money and don't care about the games. I'd love to be able to get $5 games on 90% of titles again. You shouldn't ever look at video games as an investment. Should we panic? Do you buy games because you enjoy playing them or because you like looking at their price tag?



    If it does crash most of the people on this site will lose their shit and fast because most of them look at these games as investments.

     



    I'm going to just plain out disagree with this, i don't even think that i need to provide any evidence. Just no.

     
  • Originally posted by: captmorgandrinker

    Originally posted by: xMaGuSx

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Again, resellers aren't the problem. It's the buyers.

    I'm a buyer most of the time and I'm not about to shell out their asking price. Resellers are the ones popping up everywhere looking for gold.



    Correct me if I'm wrong but didn't we have a thread here a few weeks ago where some guys up north took a few tubs into a goodwill taking everything up for themselves sifting through all and only buying up the stuff they knew went for $20+? RESELLERS!!!



     

    SO apparently you are the only buyer and represent the entire hobby collectively. Cool. 



    There are TONS of people who WILL shell out the money. Just because you won't is irrelevant to the discussion. 



    Out of curiosity are these resellers holding the buyers at gun point to purchase their items? 



     



    Thanks for the reminder!   Gotta pick up more ammo before this weekend's Con.   

     





    Nice! You going with heavy hitter hollow point .45 little samsons? Or maybe riddle them with a lot of small but effective .22 the legend of zeldas, marios, and metroids?
  • Originally posted by: TiredKorok

     
    Originally posted by: Sinnbox

     
    Originally posted by: Jerbilly



    Hipsters have nothing to do with it. Good grief. This is reading like a Clinton email newsfeed now. Let's either talk with some sense or just talk shit. Might as well say it's illegal immigrants.

    Hipsters have alot to do with it, It's cool to collect old games. I see alot of guys my age and older that buy games, but the ones I see that don't bat an eye on prices in stores are the hipsters. Out of the two stores I shop at the most, one has prices low enough that games dissapear the day they are put out, but the other one prices about 10% higher than eBay. I run into alot of collectors in that store because they tend to keep nicer titles on the shelf longer. Other collectors will stay and talk to each other and often the conversation turns to us talking about prices 10 years ago, but when the hipster kids from the local college are in there all we hear is "Dude, *your fave youtuber here* did a video on this it rocks! I'm buying it. Due to these hipster kids the store keeps charging over ebay price, even for games that have the labels half gone. It may just be in my area, but even the owner of that store told me that some of the biggest spenders in his store were born long after the NES era, and if their Youtuber says its good, whatever is on the pricetag is paid.

    I actually haven't noticed that, though i'm in a rural area. It does seem like that would have an influence, but idk how much effect it would actually have. Wouldn't most collectors know that ebay has the games for %10 less as you do and stop buying from the store? Unless if the majority of the customers are hipsters it seems like that'd be a pretty big drop in business for the retro game store.



     



    They deal more in PS3/360 games than retro, the only reason they have any retro out right now is because I asked them afew years ago why they only had afew Mario/Zelda titles when it came to NES games, and he brought a tub of NES games out of the back that he said noone was interested in. I bought a stack that day, and several other guys crowded around the bin as I was looking through it. I think that between me and 2 other guys the manager sold about $1000 worth of games out of the tub in 30 minutes, and that was even with him giving us 25% off of ebay since they had just been sitting around. I went back the next week to buy more, and there were about 2,000 NES games, and almost that many SNES games that they had pulled out of the back room due to the demand that they had gotten on the tub of games he had pulled out for me the week before. The old manager was great and even though the owner does ebay+10% on the games, the old manager would give a nice discount if I bought acouple hundred dollars worth at a time, and I'm guessing he did the same for other big buyers. So, long story short, they stay in business selling current gen/last gen stuff, and the overpriced retro stuff sells to the College kids.
  • Looking at PriceCharting's System value chart it looks like the Average NES game price went from 22.50 to close to 28 this year, I would not consider that a crash in the least bit, it may be different titles going up, but overall it is not coming down.
  • Originally posted by: xMaGuSx

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: MrWunderful

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: barrelsAndRivets



    Personally I love my local reseller's shop. I don't give a shit where he gets his product, as long as he's willing to sell me what I want at a reasonable price.



    Sure, if I see him cutting me off at a local thrift store I might change my tune. But for now, he has his methods, he has bills to pay (storefronts, especially in the bay area, aren't cheap), and he continues to hook me up for less than the going rate.



    ZeldaMaster64, I get that you're not going to agree with me, and that's fine. But it's hard to stand by and watch folks dish out this blanket hatred for resellers, when if the buyers weren't out there, they'd be out of business and would stop scouring the secondhand sources. It's literally that simple.

    NintendoAge, where reselling nonsense is defended by people buddy, buddy with resellers or they're a reseller themselves.



     





    What are you talking about? Please define "reseller nonsense" for us. 



    Those defending it are either a reseller or buddy, buddy with one not caring as long as they get great deals and the prices these resellers set keeps their games highly valuable.





     







    Dude you are so out of touch it's funny. I am not picking fights. You are making blanket statements that are just not true and i am calling you out on it. Another one being what you said above. I don't know any resellers and i don't resell. I just am not entitled like you are and blaming the entire market state on resellers which is ridiculous.



    Out of everything you've said, the only thing I find insulting is you calling me entitled. I didn't you knew me my whole life to make such a statement. You've must have been my shadow or something?



    Seeing A Link to the Past go for $65 loose is out of touch? 
  • Originally posted by: Sinnbox

     
    Originally posted by: TiredKorok

     
    Originally posted by: Sinnbox

     
    Originally posted by: Jerbilly



    Hipsters have nothing to do with it. Good grief. This is reading like a Clinton email newsfeed now. Let's either talk with some sense or just talk shit. Might as well say it's illegal immigrants.

    Hipsters have alot to do with it, It's cool to collect old games. I see alot of guys my age and older that buy games, but the ones I see that don't bat an eye on prices in stores are the hipsters. Out of the two stores I shop at the most, one has prices low enough that games dissapear the day they are put out, but the other one prices about 10% higher than eBay. I run into alot of collectors in that store because they tend to keep nicer titles on the shelf longer. Other collectors will stay and talk to each other and often the conversation turns to us talking about prices 10 years ago, but when the hipster kids from the local college are in there all we hear is "Dude, *your fave youtuber here* did a video on this it rocks! I'm buying it. Due to these hipster kids the store keeps charging over ebay price, even for games that have the labels half gone. It may just be in my area, but even the owner of that store told me that some of the biggest spenders in his store were born long after the NES era, and if their Youtuber says its good, whatever is on the pricetag is paid.

    I actually haven't noticed that, though i'm in a rural area. It does seem like that would have an influence, but idk how much effect it would actually have. Wouldn't most collectors know that ebay has the games for %10 less as you do and stop buying from the store? Unless if the majority of the customers are hipsters it seems like that'd be a pretty big drop in business for the retro game store.



     



    They deal more in PS3/360 games than retro, the only reason they have any retro out right now is because I asked them afew years ago why they only had afew Mario/Zelda titles when it came to NES games, and he brought a tub of NES games out of the back that he said noone was interested in. I bought a stack that day, and several other guys crowded around the bin as I was looking through it. I think that between me and 2 other guys the manager sold about $1000 worth of games out of the tub in 30 minutes, and that was even with him giving us 25% off of ebay since they had just been sitting around. I went back the next week to buy more, and there were about 2,000 NES games, and almost that many SNES games that they had pulled out of the back room due to the demand that they had gotten on the tub of games he had pulled out for me the week before. The old manager was great and even though the owner does ebay+10% on the games, the old manager would give a nice discount if I bought acouple hundred dollars worth at a time, and I'm guessing he did the same for other big buyers. So, long story short, they stay in business selling current gen/last gen stuff, and the overpriced retro stuff sells to the College kids.



    That actually sounds like a cool store if i didn't know there was an ebay+10% price on just about anything

    anyways discussion was fun and though it would be nice to see all the people just hoarding games to sell at higher prices and such lose their investments and the prices come back down to something i personally would find fair that's just not how it works and it's not fair to blame it all on resellersimo

    later guys

     
  • Originally posted by: TiredKorok

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: Too Beaucoup



    Hell, we can only hope. I wish it would crash. There are too many people in the business to make money and don't care about the games. I'd love to be able to get $5 games on 90% of titles again. You shouldn't ever look at video games as an investment. Should we panic? Do you buy games because you enjoy playing them or because you like looking at their price tag?



    If it does crash most of the people on this site will lose their shit and fast because most of them look at these games as investments.

     



    I'm going to just plain out disagree with this, i don't even think that i need to provide any evidence. Just no.

     

    I don't think he's totally wrong in his statement.



     
  • ^ @zeldamaster . says the person who makes blanket statements about entire groups of people. You are to much dude lol

    The one thing i know about you for sure is that you don't understand the basics of economics
  • I step out for a moment and when I return, it's like a stampede out of nowhere!
  • Originally posted by: TiredKorok

     
    Originally posted by: ZeldaMaster64

     
    Originally posted by: Too Beaucoup



    Hell, we can only hope. I wish it would crash. There are too many people in the business to make money and don't care about the games. I'd love to be able to get $5 games on 90% of titles again. You shouldn't ever look at video games as an investment. Should we panic? Do you buy games because you enjoy playing them or because you like looking at their price tag?



    If it does crash most of the people on this site will lose their shit and fast because most of them look at these games as investments.

     



    I'm going to just plain out disagree with this, i don't even think that i need to provide any evidence. Just no.

     





    Feel free to disagree but unlike some people I'm not going to attack and argue with you to make themselves feel important or look clever..
This discussion has been closed.