As far as value and rarity. There may be a handfull, these things are so massed produced you'll be seeng 360's at good wills for $25 in five years
lol speaking of this, did I tell you guys that I found a NISB GTA4 360 at my local goodwill 4 days after release? I sold that bitch on a 5-day $9.99! I don't know how they get the hookup - maybe it's a robin hood that goes and shoplifts stuff, then drops it at goodwill, but they have NISB games there periodically, in a slow trickle. I would understand if it was crap old stock (and often, it is) that someone's trying to write off for full value, but GTA4? And today I got High School Music Singstar edition, still on shelves for $50, NISB. I'm loving it
Daaamn, I wish the goodwill near me had stuff like that!
Learn from the hobbies that came before videogames. If everyone is saving it waiting for it to become valuable they will have no one to sell it to. Collectable items are often those that weren't meant to be collectable or thought of as collectable at the time of release.
I'd think sealed system will do well. You won't have many people buying MGS PS3s for $500 each and sitting on them for 20 years. Would you be better off just taking that money and putting it somewhere else? Probablly. But that system in a sealed and never opened state will be collectable 20 years from now.
Learn from the hobbies that came before videogames. If everyone is saving it waiting for it to become valuable they will have no one to sell it to. Collectable items are often those that weren't meant to be collectable or thought of as collectable at the time of release.
I'd think sealed system will do well. You won't have many people buying MGS PS3s for $500 each and sitting on them for 20 years. Would you be better off just taking that money and putting it somewhere else? Probablly. But that system in a sealed and never opened state will be collectable 20 years from now.
Yeah, videogames now remind me a lot of comics in the early 90's (maybe 80's) when there was a boom in the industry and people started to realize that they can be worth something someday. So you get huge production runs and lots of collectors buying multiple copies and holding onto them for the appreciation factor. I collected a bit during this time and most of mine aren't worth much.
Systems, really? There are more people buying and holding onto that MGS LE system than you think...
I think whether current games will be worth anything will be determined by how the VG industry can keep demand up. FFVII had huge runs but still commands quite a premium due to the high demand created by hype, other games in the series, and other related forms of media (Advent Children).
I collect more current/last gen stuff and have been amazed at some of the price increases recently for sealed games.
So although there are more games out and games have higher production runs, I think the increase in demand will keep some prices inflated. And like the older stuff you will have a few gems, but most of the games will sell for <$10 in the future.
It will be interesting and I think for new systems like someone else said it will be all about systems, accessories and very popular titles. I know what you mean by the 1990's boom with comics but I really think that isn't a 1:1 comparison. Comic books had effectively been produced for 55 years at that point, collecting began in the late 60's and an official price guide had been out since the early 1970's. There really is no large back issue dealers who do so for collectible games what say a Metropolis Comics, Showcase New England etc. does (I'm not talking about the local game store who sells old games for playing which is different). Also the market was much more mature, I mean even at that time the most important issues in the hobby where 6 figure items. I think what will affect today's games is yes there is more people collecting games but it is a tiny minority in comparison. But also it is about the greater likely hood of warehouse finds and the fact that today's games are much more durable as their holders are not made of cardboard. Only time will tell though.
If anything in the current gen or even last gen of systems ends up holding or appreciating in price, it'll be the sealed games. As much as I don't consider myself a sealed collector, Sealed game prices go for insane amounts even for common games. See Nes Zelda, etc. The games themselves aren't rare, but in a pristine condition they seem to under supply the demand.
some reason marble mania for the wii is going up a little from what i can tell. i can get it right now at a game store for 20.00. i think it goes on ebay for about 35.00
Ya definitely sealed games will hold a significant lead in value. I was actually thinking of sealed games as I don't think used copies of new games will hold much value because they will be significantly more common.
some reason marble mania for the wii is going up a little from what i can tell. i can get it right now at a game store for 20.00. i think it goes on ebay for about 35.00
A new sealed one can actually go for $40-50.
Sealed games always appreciate more and in some cases, it can be quite a big difference. So yeah, in terms of appreciation sealed items are much more sell-able down the road since sealed collectors tend to pay the premium.
The current generation games that I feel will likely be rare will actually be the demo discs that many gaming magazines include. Most are discarded like trash and are never really considered to be collectable to most people. Also, promotional games like Zelda Collector's Edition and Master Quest will be more in demand as time goes by and become more valuable. They scratch up, become damaged, and are discarded by the more casual owners who do not know of their value. The supply will dwindle, but, the demand will probably incease.
Other rarities (Team Buddies and Fox Hunt, for example) are almost too obscure to be worth anything (I sold a disc-only copy of Team Buddies for something like $8 once, and I've sold 2 complete copies around $30...I've seen Fox Hunt for as little as $20 complete).
Thats true, but can't you say the same thing about a lot of the more valuable NES games 10 years ago?
Thats true, but can't you say the same thing about a lot of the more valuable NES games 10 years ago?
Good point, but I think the limiting factor with PS1 games is, not only is it a gargantuan library compared to the NES, but it's absolutely full of obscure, scarce titles. With the Nintendo, it's easy to understand why the "power 9" have crept up in value to their current levels - obscurity and scarcity certainly both play large parts. But in looking at the majority of the games that sell for that $30-$50 plateau, of which there are only 22 according to the NA price guide (plug!) , I can pick out a number of reasons why they get the $ they do...
Bonk, DW4, TMNT:TF, the Koei games and Contra Force are all sequels and/or ports of powerhouse series. There are the infamous games Action 52, Tengen Tetris. Some are hailed as top picks of genre and get extra attention (Panic Restaurant, Fire and Ice, Snow Brothers). These all have the benefit of being scarce, but they have "earned their money" so to speak. Only about half are just plain scarce and valuable because of that scarcity.
I just don't understand what's going on with some of these PS1 games though. They're not BAD...but it's been said before, the 3D graphics are certainly dated, and some of them are definitely made for a vertical market.
I wonder if there were another 30 bad Color Dreams carts to collect, all about the same scarcity as the current $30-$50 ones, would they all be worth a bit less collectively?
My PAL 60GB PS3 is already worth more than i paid for it new back in november. They stopped making them and only sell 40GB ones with 2 usb slots less, no card readers and no PS2 support. Everybody wants a 60GB.
No Matter how Much you try to predict what games will be worth money in the future no one will really know till it happens. I mean I sold a cobra mission cart and manual for 120.00 The Game is Horrible. and most rpg's on the PS1 are worth at least 30.00 these aren't even rare games.
No one could have none 15 years ago how much ff7 new would be worth or people would have been killing each.if its the black label new it sells around 1,200 to 1,500 Imagine that investment
I don't think any games from current generation consoles will be worth much of anything in the future. At least not at the prices that some older games can command. Back in the day, many games were made, many being complete gambles and totally weird. The video game industry is pretty streamlined nowadays from creation to production to marketing. Bascially, they are only going to make games that will sell. There won't be any "rare" games for current gen consoles. PS1 was probably the last generation of consoles that has games that will command high prices. Lots of RPGs and other rare stuff, that's the gamer gold.
I think the values will go up on every system abot 10 to 15 years after it dies. Why? Well the kids grow up get jobs and buy things they wished they had when they were kids or that they did have. I also read an article about ps1 being on average game for dollar the best investment. That would be now. Not in ten years. Also if your in it for the money buy gold or stocks. Shit buy stock in NOA or Microsoft.
No Matter how Much you try to predict what games will be worth money in the future no one will really know till it happens. I mean I sold a cobra mission cart and manual for 120.00 The Game is Horrible. and most rpg's on the PS1 are worth at least 30.00 these aren't even rare games. No one could have none 15 years ago how much ff7 new would be worth or people would have been killing each.if its the black label new it sells around 1,200 to 1,500 Imagine that investment
Why?FF7 isn't even that rare.I've owned so many of thoses thru the years.
And neither is Chrono Trigger, but sealed Chrono Triggers go for a lot too. When it comes to RPGs, I'm a firm believer that a title gains value quickly due to its popularity and addictive nature rather than just being plain obscure.
^I can see your point,so many RPG's have decent values even if they suck.I do think that Chrono Trigger sealed should be worth more than FF7 sealed though.It's for an older system and it came out late in the SNES life cycle(what I would consider late).I'm also pretty sure they made more copies of FF7.In my life i've had 1 loose Chrono Trigger and 6 complete FF7's(one which I bought new with Christmas money).I wish I would have known FF7 would be worth so much right now I would have held on to all my cib copies.
But to counter your point Tokin, FF7 is highly regarded as "the best in the series" by many people. Please let's not get into a debate about which individual FF you like the most. I'm speaking from a "public opinion" perspective, I'm not stating that is it 100% fact that FF7 is the best.
So there you have it, Final Fantasy is a very popular series, much more than one individual game like Chrono Trigger. Then when a majority of Final Fantasy fans regard FF7 as the best, that means that game is the copy they'd want the most. So Final Fantasy 7 is perhaps the most coveted title in an infinitely long series that will continue well into the future.
Until there is some breathtaking game like Final Fantasy 20 that truly awes everyone, FF7 will continue to hold its value. Even if there was a FF20 that was simply spectacular, a lot of us old heads would still wouldn't accept the change and say "FF3 is the best forever!!".
But the point is that Final Fantasy will continue seemingly forever, and the "best" title in the series will always be uber-expensive IMO.
Sure Chrono Trigger is perhaps the best RPG on that system, but it has more of a "cult" following. Go ask some 14 year old kid about Final Fantasy and Chrono Trigger and he'll probably be like "Chrono What?", but will instantly acknowledge the Final Fantasy series...
Okay, so as an economics major and video game reseller, I came up with a formula for finding out the relative price of a game. It is as follows (it's really simple and obvious anyway, but I like making it sound fancy and complicated)
price= rarity x popularity
Although Chrono Trigger is rarer, it is less popular than Final Fantasy VII, so much so that it is worth less. I've had other instances that baffled me at first. For example, Bubble Bobble part 2 gets like a B on the rarity scale according to Mike Etler. I haven't checked these out lately, but when I sold the one copy I came across a year ago, it was commanding around $100. Other games, such as Ghost Lion and Last Action Hero, which are equally, or more rare (again according to Etler) are worth considerably less. Most people probably don't even know those games exist. And although those games are rare, they are hard to sell, and they are ones I would usually throw in a giant lot of other crap games once I had accumulated too many.
Wow I thought i'd never here you say you didn't want to debate,but seriously i've always liked the Final Fantasy games up to 10.FF7 and FF3 are probably the best though no doubt.
I'm sure that any established collector or reseller understands that Price = Popularity x Rarity, but you are indeed correct. However, I just thought this was "common sense" among the collecting community. It also is just a rule of thumb, as there will always be exceptions to the rule. Stadium events is not popular but obscenely rare (although ironically making it more "popular") and commands an insane value. Then there's a game like Little Samson which would fit your formula to a T as it is both VERY POPULAR and fun and VERY RARE but no where near as valuable as Stadium Events.
Tokin -
I just don't want to open the flood gates. We don't need to clutter this thread about which Final Fantasy game is best because everyone has their own opinion and will not budge. Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Originally posted by: jonebone Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Anyway, You're both wrong, the best of the serie is A Link to the Past .
Originally posted by: jonebone Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Anyway, You're both wrong, the best of the serie is A Link to the Past .
I have to agree with Marton on that one,but once again just an opinion.
EDIT:I liked Wind Waker alot too.When I first saw it I was like wtf did they do to zelda but it was very good.
Comments
As far as value and rarity. There may be a handfull, these things are so massed produced you'll be seeng 360's at good wills for $25 in five years
lol speaking of this, did I tell you guys that I found a NISB GTA4 360 at my local goodwill 4 days after release? I sold that bitch on a 5-day
Daaamn, I wish the goodwill near me had stuff like that!
I'd think sealed system will do well. You won't have many people buying MGS PS3s for $500 each and sitting on them for 20 years. Would you be better off just taking that money and putting it somewhere else? Probablly. But that system in a sealed and never opened state will be collectable 20 years from now.
Learn from the hobbies that came before videogames. If everyone is saving it waiting for it to become valuable they will have no one to sell it to. Collectable items are often those that weren't meant to be collectable or thought of as collectable at the time of release.
I'd think sealed system will do well. You won't have many people buying MGS PS3s for $500 each and sitting on them for 20 years. Would you be better off just taking that money and putting it somewhere else? Probablly. But that system in a sealed and never opened state will be collectable 20 years from now.
Yeah, videogames now remind me a lot of comics in the early 90's (maybe 80's) when there was a boom in the industry and people started to realize that they can be worth something someday. So you get huge production runs and lots of collectors buying multiple copies and holding onto them for the appreciation factor. I collected a bit during this time and most of mine aren't worth much.
Systems, really? There are more people buying and holding onto that MGS LE system than you think...
I think whether current games will be worth anything will be determined by how the VG industry can keep demand up. FFVII had huge runs but still commands quite a premium due to the high demand created by hype, other games in the series, and other related forms of media (Advent Children).
I collect more current/last gen stuff and have been amazed at some of the price increases recently for sealed games.
So although there are more games out and games have higher production runs, I think the increase in demand will keep some prices inflated. And like the older stuff you will have a few gems, but most of the games will sell for <$10 in the future.
some reason marble mania for the wii is going up a little from what i can tell. i can get it right now at a game store for 20.00. i think it goes on ebay for about 35.00
A new sealed one can actually go for $40-50.
Sealed games always appreciate more and in some cases, it can be quite a big difference. So yeah, in terms of appreciation sealed items are much more sell-able down the road since sealed collectors tend to pay the premium.
Other rarities (Team Buddies and Fox Hunt, for example) are almost too obscure to be worth anything (I sold a disc-only copy of Team Buddies for something like $8 once, and I've sold 2 complete copies around $30...I've seen Fox Hunt for as little as $20 complete).
Thats true, but can't you say the same thing about a lot of the more valuable NES games 10 years ago?
Thats true, but can't you say the same thing about a lot of the more valuable NES games 10 years ago?
Good point, but I think the limiting factor with PS1 games is, not only is it a gargantuan library compared to the NES, but it's absolutely full of obscure, scarce titles. With the Nintendo, it's easy to understand why the "power 9" have crept up in value to their current levels - obscurity and scarcity certainly both play large parts. But in looking at the majority of the games that sell for that $30-$50 plateau, of which there are only 22 according to the NA price guide (plug!) , I can pick out a number of reasons why they get the $ they do...
Bonk, DW4, TMNT:TF, the Koei games and Contra Force are all sequels and/or ports of powerhouse series. There are the infamous games Action 52, Tengen Tetris. Some are hailed as top picks of genre and get extra attention (Panic Restaurant, Fire and Ice, Snow Brothers). These all have the benefit of being scarce, but they have "earned their money" so to speak. Only about half are just plain scarce and valuable because of that scarcity.
I just don't understand what's going on with some of these PS1 games though. They're not BAD...but it's been said before, the 3D graphics are certainly dated, and some of them are definitely made for a vertical market.
I wonder if there were another 30 bad Color Dreams carts to collect, all about the same scarcity as the current $30-$50 ones, would they all be worth a bit less collectively?
i think it all boils down to supply and demand
No one could have none 15 years ago how much ff7 new would be worth or people would have been killing each.if its the black label new it sells around 1,200 to 1,500
Imagine that investment
I think the values will go up on every system abot 10 to 15 years after it dies. Why? Well the kids grow up get jobs and buy things they wished they had when they were kids or that they did have. I also read an article about ps1 being on average game for dollar the best investment. That would be now. Not in ten years. Also if your in it for the money buy gold or stocks. Shit buy stock in NOA or Microsoft.
Thanx Rask1904
No Matter how Much you try to predict what games will be worth money in the future no one will really know till it happens. I mean I sold a cobra mission cart and manual for 120.00 The Game is Horrible. and most rpg's on the PS1 are worth at least 30.00 these aren't even rare games.
No one could have none 15 years ago how much ff7 new would be worth or people would have been killing each.if its the black label new it sells around 1,200 to 1,500
Imagine that investment
Why?FF7 isn't even that rare.I've owned so many of thoses thru the years.
So there you have it, Final Fantasy is a very popular series, much more than one individual game like Chrono Trigger. Then when a majority of Final Fantasy fans regard FF7 as the best, that means that game is the copy they'd want the most. So Final Fantasy 7 is perhaps the most coveted title in an infinitely long series that will continue well into the future.
Until there is some breathtaking game like Final Fantasy 20 that truly awes everyone, FF7 will continue to hold its value. Even if there was a FF20 that was simply spectacular, a lot of us old heads would still wouldn't accept the change and say "FF3 is the best forever!!".
But the point is that Final Fantasy will continue seemingly forever, and the "best" title in the series will always be uber-expensive IMO.
Sure Chrono Trigger is perhaps the best RPG on that system, but it has more of a "cult" following. Go ask some 14 year old kid about Final Fantasy and Chrono Trigger and he'll probably be like "Chrono What?", but will instantly acknowledge the Final Fantasy series...
price= rarity x popularity
Although Chrono Trigger is rarer, it is less popular than Final Fantasy VII, so much so that it is worth less. I've had other instances that baffled me at first. For example, Bubble Bobble part 2 gets like a B on the rarity scale according to Mike Etler. I haven't checked these out lately, but when I sold the one copy I came across a year ago, it was commanding around $100. Other games, such as Ghost Lion and Last Action Hero, which are equally, or more rare (again according to Etler) are worth considerably less. Most people probably don't even know those games exist. And although those games are rare, they are hard to sell, and they are ones I would usually throw in a giant lot of other crap games once I had accumulated too many.
I'm sure that any established collector or reseller understands that Price = Popularity x Rarity, but you are indeed correct. However, I just thought this was "common sense" among the collecting community. It also is just a rule of thumb, as there will always be exceptions to the rule. Stadium events is not popular but obscenely rare (although ironically making it more "popular") and commands an insane value. Then there's a game like Little Samson which would fit your formula to a T as it is both VERY POPULAR and fun and VERY RARE but no where near as valuable as Stadium Events.
Tokin -
I just don't want to open the flood gates. We don't need to clutter this thread about which Final Fantasy game is best because everyone has their own opinion and will not budge. Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Anyway, You're both wrong, the best of the serie is A Link to the Past
Just as ArchAngel thinks NES Zelda is the best in the series while I think Zelda OoT for 64 is the best. We've had lengthy debates in PM but at the end of the day we both have our opinions and didn't get anywhere.
Anyway, You're both wrong, the best of the serie is A Link to the Past
I have to agree with Marton on that one,but once again just an opinion.
EDIT:I liked Wind Waker alot too.When I first saw it I was like wtf did they do to zelda but it was very good.