Well, some stuff is pretty well half that already. You don't think a sealed SE will double in 50 years? That's too pessisimistic
I don't think that's a too pessimistic. I think it is absolutely insane that a stadium events could be worth much more than a 100k. Not unless the USD completely tanks and becomes as worthless as the Iranian Rial. Sure sealed is insanely rare at this point. But I am going to stick to my guns and say that there are more sealed copies of them than what is currently believed. They were manufactured some 30-40 years ago, they could be still stored somewhere in some warehouse owned by whatever company out there and that will literally kill the market. However, no more NWCs were produced. That I can see going for 100k+. So why was a game that was mass produced, which it had to be, because it would not even make any financial sense from a large company not to mass produce a game rather than some 100 or so, it would cost too much in terms of setting up the line to do so. My thought process is that nintendo bought the rights after seeing it come out in the PAL regions and just rebranded it. Or maybe I'm completely wrong and truely not a whole lot were made and the line was stopped partway through production because some were sold in stores. But theres a lot of controversy behind SE's story so lets not go there.
In terms of gaming, naturally games will go up, but not as much as some people may think. I just have a hard time seeing a game like, I dont know contra on NES go for $100. At some point there has to be a cap on what someone will spend for a peice of software stuck in a peice of hardware.
I tell you what, if I am wrong and in fifty years when a game like that will take 5 years worth of my salary to get, I will drive to whereever you are at and buy you a cold one and say "I was wrong" . Because I've been wrong before. I'm not trying to really start something, I'm just throwing my opinion out there.
Just saying, 50 years is a long time. It would be pretty well impossible for stuff not to be worth that in time even with regular inflation.
50 years ago comicsand card worth a million were like 100 bucks.
In the 1970 Overstreet comic price guide a mint copy of Action #1 was $300, Amazing Fantasy #15 was $16, Amazing Spiderman#1 was $5, Fantastic Four #1 was $30 and Marvel Mystery was $250.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I don't understand why you would think that. They heyday of comic books and baseball cards is behind us. The children of today ALL own and play videogames. Few read comics and fewer buy sport cards. Hobbies like this are built on nostalgia and childhood memories.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I don't understand why you would think that. They heyday of comic books and baseball cards is behind us. The children of today ALL own and play videogames. Few read comics and fewer buy sport cards. Hobbies like this are built on nostalgia and childhood memories.
I figured that was the point you were making. $0.10 comic becomes $300. Which would have been a lot money 70+ Years ago. A $300 game could easily be $300k in 70 years, so it's not that hard believe a game could be worth that much. That's what I though you were trying to point out, most items go up in price over time.
It is a good point i totally overlooked. The difference in years really does make a huge difference on the comparison and argument.
It will be both interesting and exciting to see if retro games ever hit that caliber of pricing. Like Dan said, even with regular inflation these games will already be getting pretty close to those big numbers.
I guess lets be happy we all are in this as "early" as we are lol Because in 20-30 years, who the hell knows how much things will cost.
And you know what... I still refuse to pay more than $5 for a cart. In fact, I will complain about "high prices" until things go back to the bargain bin!
Jokes. Yeah... Sneakerheads love their sneakers! I work with a guy that collects shoes.
People who collect weird stuff like that are weird (that was a joke, too... get it?)
On the inflation topic, a $1000 game at 2% annual inflation = $2691 in 50 years, 3% is $4,384. (1000*1.02^50 or 1000*1.03^50). Just to put some numbers out there.
I expect games to go up over time but I don't expect some of the magnitude as these hype threads.
Somewhat off topic, but didn't they find out that the Honus Wagner that kept setting sales records in the 90s and was once owned by Gretzky's group was trimmed?
I read something a while back that made a very strong case for that. I don't follow baseball cards so I don't know if there was any fallout over it. It's probaby immune to any negativity at this point.
Somewhat off topic, but didn't they find out that the Honus Wagner that kept setting sales records in the 90s and was once owned by Gretzky's group was trimmed?
Never "proven" per-se, but there is a bit of colusion when it came to grading cards and the Honus Wagner. There was some sort of conflict of interest.
I know more than one person who has their shoe collection insured for over $100k. Sneakers often have a release price of several hundred dollars and are artificially limited. Imagine the NES mini several times a year. Every year.
On the inflation topic, a $1000 game at 2% annual inflation = $2691 in 50 years, 3% is $4,384. (1000*1.02^50 or 1000*1.03^50). Just to put some numbers out there.
I expect games to go up over time but I don't expect some of the magnitude as these hype threads.
Well, In the time I've been collecting SE has gone from three digits to now almost five digits. And that's in 15 years. One more digit over the next 50 years? Slam dunk as long as there is ang kind of collector base 50 years from now. I see it as either the hobby blows by that number (keeping in mind how very long 50 years is) or the hobby folds completely because that's the only way it couldn't reach that price point in such a huge amount of time.
Thought experiment: What will the most expensive coins, cards, comics go for in 50 years? Right now I think they are around 20m, 5m, 3m respectively. 100million easily one would think? Is 1 billion possible?
Point is, for top items in a given hobby (whatever the hobby and not talking about loose SE here but rather whatever is top 50 years from now) 100k won't be much. It can't be overstated how long that is
Man, that guy who bought the shoes could've said "I want a full set of games for just about every major platform" but instead bought a pair of MJ's shoes. I want that kind of fuck money. Oh well, I get to watch The Last Gamer on Youtube living my dreams of just tossing fat stacks at owning every video game ever. At least one guy is doing it!
Oh yeah, mastro. He got shut down for shilling his auctions in a major way. I'm sure there would be no proof of the card being trimmed if he hadn't gotten in trouble. He was investigated by the FBI. Lots of articles on google if you want to read them.
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
Man, that guy who bought the shoes could've said "I want a full set of games for just about every major platform" but instead bought a pair of MJ's shoes. I want that kind of fuck money. Oh well, I get to watch The Last Gamer on Youtube living my dreams of just tossing fat stacks at owning every video game ever. At least one guy is doing it!
That guy still can say that. It likely itsn't a choice of this or that for this buyer.
He bought the shoes because he wants them. If he wants games he will buy those too.
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
No idea what it could go for. But it has to be one of the most expensive video gaming items
This may completely derail the conversation but sometimes I wonder how many Honus Wagner's, or other pieces of formerly worthless tobacco cards were stuffed in books from university libraries that have since been shelved and not cracked sense. I recall being in college and referencing books for papers that were 100+ years old and when I checked them out, I was the first to do it in 50-60 years.
I found all kinds of really old scrap in some of those books used as bookmarks, but nothing of great value. I can guarentee you that in many old libraries across the US, literal fortunes have been stashed away and not seen for decades, if not over a century, because when it was first used as a bookmark the paper was trash but today it's priceless.
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
I think I offered him 10k when it was discovered and was laughed at. Seriously.
I know more than one person who has their shoe collection insured for over $100k. Sneakers often have a release price of several hundred dollars and are artificially limited. Imagine the NES mini several times a year. Every year.
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
I think I offered him 10k when it was discovered and was laughed at. Seriously.
Im not surprised. Like I said I guess someone might pay 25 but it's not for me. I get why others would like it a lot
I was looking at the date at the top, didn't notice the one at the bottom. Still a comparison can be made between a $0.10 comic from 70 years ago to the current going rate which I'm going to say is $5+ for a new comic. Thats 50x great then the original cost with out factoring collectability or rarity.
Well, I'm not sure what that proves really as we aren't talking about what to expect to pay at retail but rather what to pay on the collector market. Ie there are lots of comics that today aren't even worth the 10 cents you mention. Maybe you are looking at it as a measure of inflation. If so that's a difficult comparison to make as the product has changed so much from a wide distribution model like a newspaper to a niche higher priced model to say nothing of all the changes in production values and page counts and a million other things. A comic book in 1937 just wasn't produced in the same way as a comic book in 2017, and was aimed at a different market and distributed in a different way. All of those changes make for apples to oranges, but I'm sure we can agree that if the hobby is still alive in fifty years, price appreciation on the most in-demand items will ratchet upwards sharply.
My take is that broad based inflation is only so relevant and more relevant is that if you put just a handful of guys with real money into the hobby and the top items that those guys are into will go up sharply. You don't need to measure what a broad based basket of goods will do - it's kind of irrelevant. It's more about, in the next 50 years, will the money in the hobby grow any. As we have discussed on other threads the prices are actually probably too cheap right now to attract certain buyers (it's too easy). That all implies to me that it won't be tough to get there at all. To me it's more about whether crossing 100k happens in five years or 10. Fifty is a slam dunk.
Technically 100k has already been crossed at least once, and the seller is on this forum, but doesn't visit super often. But, I don't count it when considering the market as a whole as it was a bit of a one-off.
Comments
Did you guys see this story last week? Pretty crazy.
Here is the Argosy comic book price guide from 1965 with Action comics #1 at $100
...
Well, some stuff is pretty well half that already. You don't think a sealed SE will double in 50 years? That's too pessisimistic
I don't think that's a too pessimistic. I think it is absolutely insane that a stadium events could be worth much more than a 100k. Not unless the USD completely tanks and becomes as worthless as the Iranian Rial. Sure sealed is insanely rare at this point. But I am going to stick to my guns and say that there are more sealed copies of them than what is currently believed. They were manufactured some 30-40 years ago, they could be still stored somewhere in some warehouse owned by whatever company out there and that will literally kill the market. However, no more NWCs were produced. That I can see going for 100k+. So why was a game that was mass produced, which it had to be, because it would not even make any financial sense from a large company not to mass produce a game rather than some 100 or so, it would cost too much in terms of setting up the line to do so. My thought process is that nintendo bought the rights after seeing it come out in the PAL regions and just rebranded it. Or maybe I'm completely wrong and truely not a whole lot were made and the line was stopped partway through production because some were sold in stores. But theres a lot of controversy behind SE's story so lets not go there.
In terms of gaming, naturally games will go up, but not as much as some people may think. I just have a hard time seeing a game like, I dont know contra on NES go for $100. At some point there has to be a cap on what someone will spend for a peice of software stuck in a peice of hardware.
I tell you what, if I am wrong and in fifty years when a game like that will take 5 years worth of my salary to get, I will drive to whereever you are at and buy you a cold one and say "I was wrong" . Because I've been wrong before. I'm not trying to really start something, I'm just throwing my opinion out there.
Just saying, 50 years is a long time. It would be pretty well impossible for stuff not to be worth that in time even with regular inflation.
50 years ago comicsand card worth a million were like 100 bucks.
In the 1970 Overstreet comic price guide a mint copy of Action #1 was $300, Amazing Fantasy #15 was $16, Amazing Spiderman#1 was $5, Fantastic Four #1 was $30 and Marvel Mystery was $250.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I don't understand why you would think that. They heyday of comic books and baseball cards is behind us. The children of today ALL own and play videogames. Few read comics and fewer buy sport cards. Hobbies like this are built on nostalgia and childhood memories.
I suppose most rare and uncommon games will be worth thousands one day if we look at value in terms of inflation. But if we're making a comparison in term of collectable significance I think games will always be undervalued to many other hobbies and collectables.
I don't understand why you would think that. They heyday of comic books and baseball cards is behind us. The children of today ALL own and play videogames. Few read comics and fewer buy sport cards. Hobbies like this are built on nostalgia and childhood memories.
I figured that was the point you were making. $0.10 comic becomes $300. Which would have been a lot money 70+ Years ago. A $300 game could easily be $300k in 70 years, so it's not that hard believe a game could be worth that much. That's what I though you were trying to point out, most items go up in price over time.
It will be both interesting and exciting to see if retro games ever hit that caliber of pricing. Like Dan said, even with regular inflation these games will already be getting pretty close to those big numbers.
I guess lets be happy we all are in this as "early" as we are lol Because in 20-30 years, who the hell knows how much things will cost.
Jokes. Yeah... Sneakerheads love their sneakers! I work with a guy that collects shoes.
People who collect weird stuff like that are weird (that was a joke, too... get it?)
I expect games to go up over time but I don't expect some of the magnitude as these hype threads.
Somewhat off topic, but didn't they find out that the Honus Wagner that kept setting sales records in the 90s and was once owned by Gretzky's group was trimmed?
I read something a while back that made a very strong case for that. I don't follow baseball cards so I don't know if there was any fallout over it. It's probaby immune to any negativity at this point.
Somewhat off topic, but didn't they find out that the Honus Wagner that kept setting sales records in the 90s and was once owned by Gretzky's group was trimmed?
Never "proven" per-se, but there is a bit of colusion when it came to grading cards and the Honus Wagner. There was some sort of conflict of interest.
On the inflation topic, a $1000 game at 2% annual inflation = $2691 in 50 years, 3% is $4,384. (1000*1.02^50 or 1000*1.03^50). Just to put some numbers out there.
I expect games to go up over time but I don't expect some of the magnitude as these hype threads.
Well, In the time I've been collecting SE has gone from three digits to now almost five digits. And that's in 15 years. One more digit over the next 50 years? Slam dunk as long as there is ang kind of collector base 50 years from now. I see it as either the hobby blows by that number (keeping in mind how very long 50 years is) or the hobby folds completely because that's the only way it couldn't reach that price point in such a huge amount of time.
Thought experiment: What will the most expensive coins, cards, comics go for in 50 years? Right now I think they are around 20m, 5m, 3m respectively. 100million easily one would think? Is 1 billion possible?
Point is, for top items in a given hobby (whatever the hobby and not talking about loose SE here but rather whatever is top 50 years from now) 100k won't be much. It can't be overstated how long that is
Originally posted by: romiked2689
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
Man, that guy who bought the shoes could've said "I want a full set of games for just about every major platform" but instead bought a pair of MJ's shoes. I want that kind of fuck money. Oh well, I get to watch The Last Gamer on Youtube living my dreams of just tossing fat stacks at owning every video game ever. At least one guy is doing it!
That guy still can say that. It likely itsn't a choice of this or that for this buyer.
He bought the shoes because he wants them. If he wants games he will buy those too.
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
No idea what it could go for. But it has to be one of the most expensive video gaming items
I found all kinds of really old scrap in some of those books used as bookmarks, but nothing of great value. I can guarentee you that in many old libraries across the US, literal fortunes have been stashed away and not seen for decades, if not over a century, because when it was first used as a bookmark the paper was trash but today it's priceless.
This stuff keeps me up at night...
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
I think I offered him 10k when it was discovered and was laughed at. Seriously.
I know more than one person who has their shoe collection insured for over $100k. Sneakers often have a release price of several hundred dollars and are artificially limited. Imagine the NES mini several times a year. Every year.
that sounds awful
Okay and what do you think that prototype Sony snes would reach??? Because comparing stadium events to Jordan's shoes isn't even fair....
What do people think this might be worth? 25kish? I know nothing about it and I don't care. I wouldn't pay10. I might pay 5, but only to sell it to someone else.
I think I offered him 10k when it was discovered and was laughed at. Seriously.
Im not surprised. Like I said I guess someone might pay 25 but it's not for me. I get why others would like it a lot
Fyi it's not 70 years. 1970 - 47 years
I was looking at the date at the top, didn't notice the one at the bottom. Still a comparison can be made between a $0.10 comic from 70 years ago to the current going rate which I'm going to say is $5+ for a new comic. Thats 50x great then the original cost with out factoring collectability or rarity.
My take is that broad based inflation is only so relevant and more relevant is that if you put just a handful of guys with real money into the hobby and the top items that those guys are into will go up sharply. You don't need to measure what a broad based basket of goods will do - it's kind of irrelevant. It's more about, in the next 50 years, will the money in the hobby grow any. As we have discussed on other threads the prices are actually probably too cheap right now to attract certain buyers (it's too easy). That all implies to me that it won't be tough to get there at all. To me it's more about whether crossing 100k happens in five years or 10. Fifty is a slam dunk.
Technically 100k has already been crossed at least once, and the seller is on this forum, but doesn't visit super often. But, I don't count it when considering the market as a whole as it was a bit of a one-off.