Resellers
I was at a pawn store and they wanted $12 for a game cart being held together by tape! Very rarely do I find a good deal in my area.
I get so jealous when you guys get entire systems and 30 games for $50. Only ever had one good deal and that was around 20 Genesis games in the box (most with manuals) for $5 each.
I get so jealous when you guys get entire systems and 30 games for $50. Only ever had one good deal and that was around 20 Genesis games in the box (most with manuals) for $5 each.
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But it's also been very bad in my area too. I see people selling Megaman X7 for $40 in stores here. Widely regarded as the worst Megaman X game, you'd be hard pressed to sell this game for $5-10 two years ago. Now people want $40 for it because they think some new kids will buy it for the word Megaman on it. Sad to say the least.
I find the only way to get good deals now is to go to garage sales and sometimes if you're lucky you can get a good deal online. I bought Advance Wars Days of Ruin a couple weeks ago from ebay for $7, a fair price for that game especially since it was practically brand new.
Originally posted by: maelwys
I think it's also the fact that NES and SNES games shot up in value relatively fast, people are recently learning about it, and resellers are assuming the same thing will happen to all the other platforms and pricing accordingly. In some cases it works, and in others not so much. The Genesis is starting to get there with select titles, which a) makes me sad that a lot of people won't get to enjoy playing the physical game due to being priced out of the market and b) makes me glad I started collecting them a while ago.
^^ This
I was recently selling some games at a swap meet here in ontario, and an old couple who looked like they had no idea even what a video game was were trying to haggle me down on my prices, and i gave em a deal thinking they were just getting it for there kids, i see them an hour later with like a stack of snes consoles and stuff was like wow.... you know things are getting bad when old couples are trying to flip games just to make a buck.
Originally posted by: MysticalNinja
Originally posted by: maelwys
I think it's also the fact that NES and SNES games shot up in value relatively fast, people are recently learning about it, and resellers are assuming the same thing will happen to all the other platforms and pricing accordingly. In some cases it works, and in others not so much. The Genesis is starting to get there with select titles, which a) makes me sad that a lot of people won't get to enjoy playing the physical game due to being priced out of the market and b) makes me glad I started collecting them a while ago.
^^ This
I was recently selling some games at a swap meet here in ontario, and an old couple who looked like they had no idea even what a video game was were trying to haggle me down on my prices, and i gave em a deal thinking they were just getting it for there kids, i see them an hour later with like a stack of snes consoles and stuff was like wow.... you know things are getting bad when old couples are trying to flip games just to make a buck.
You sold a game. That makes you an evil reseller, fyi.
Originally posted by: MysticalNinja
^^ This
I was recently selling some games at a swap meet here in ontario, and an old couple who looked like they had no idea even what a video game was were trying to haggle me down on my prices, and i gave em a deal thinking they were just getting it for there kids, i see them an hour later with like a stack of snes consoles and stuff was like wow.... you know things are getting bad when old couples are trying to flip games just to make a buck.
There's some geezers around me that attemp to flip games. Gota love em tho bc they'll buy anything you put a price on just hoping to get lucky.
I've heard of resellers working in pawn stores buying the trade ins and then taking them to flea markets and marking up the price to what the store they work in would sell them for. I've also heard of resellers not letting you use your phone at their table, most likely so you can't look up prices online.
Originally posted by: Belvik
I was at a flea market a couple months ago and there was a reseller that had his prices up way too high. He was even stupid enough to tell me that he paid nearly nothing for it, but was trying to convince me I was going to get a bargain. Charging more than what I can buy it for any day on eBay is not a bargain. On the bright side I picked up some nice comics at the flea market.
That reminds me of a conversation I overheard a few months ago at a flea market. One reseller was bitterly complaining to another reseller how hard it is getting to buy games pennies on the dollars, with people wising up about the value of old games.
Needless to say, I was playing the world's saddest song on the world's smallest violin for him.
Originally posted by: segacollecting1990
A reseller at a Flea Market was trying to convince my friend that Mario/Duck Hunt was getting hard to find. He wanted $15 for it.
Don't ask how but I have more than 60 copies of that game and never paid more than a quarter for it. It sells for about $2 now at my local VGS and they had 3 copies last week if memory serves. Its definitely not getting rare.
Originally posted by: segacollecting1990
A reseller at a Flea Market was trying to convince my friend that Mario/Duck Hunt was getting hard to find. He wanted $15 for it.
A couple months ago, I was at a flea market and I asked a guy about an Atari 2600 game he was selling. I think it was a baseball game, but I don't remember. He told me that he wanted $5 for it, and that it's impossible to find an Atari game for less than $12 these days, as if he was naming a specific price to convince me he knew what he was talking about.. Funny, but at even the most overpriced used game store near where I live, they average at about two or three dollars. I asked an Atari collector friend of mine who I was with about it, and he said it was worth about a dollar. He didn't have any other games that I saw, but everything else he had was overpriced. My friend also asked him about a guitar amp he had, and he wanted $50 for it. My friend told me it was probably worth $10 at the most in that condition. He was also selling VHS tapes at about $5 a pop (very few had sleeves in good condition) and a pair of beat up guitars for $40 each. One of which was a beat up First Act (the $30 cheapos you find at Wal-Mart and Target) and the other was a Fender Squier (a fairly low end guitar) with two strings and a decent amount of of physical damage on it. Everything was either way overpriced, garbage or both.
I have no problem with resellers. They make it easier to find the games, and I'm willing to pay extra money for the convenience of having a bunch of games in one place. I just have a problem with certain kinds of resellers. A couple bucks more than market value is fine, but once someone is selling an eighty cent Atari game for five bucks and trying to convince me that it's worth more than twice what they're charging, and that they're cutting me a good deal out of the goodness of their heart is the moment that I start having a problem with them.
Originally posted by: Metah
It seems like a trend with the worst resellers these days to make things up as high as possible and just wait-- like they are content to wait the possibly years it will take for the "right buyer" to come along. That's honestly sort of pathetic to me...
i always figured these types of sellers really don't want to sell anything, they just want to show it off in some weird kinda way.
I sold some of my stuff a few months ago and I sold it with the attitude of "the cheapest on eBay is $100, how does $70 sound to you?"
Originally posted by: segafan1989
The problem with selling or reselling is that there is no definitive guidance on what something is worth. It's all supply and demand and it all boils down to what a person is willing to pay at the moment they see the game they want. If someone buys a game for $10, but it's only "worth" $5, who's to say they overpaid? Who set the games worth at $5? A game is only worth what you are willing to pay for it. If it costs $35 and you're only willing to pay $20, then it's not worth it for YOU. However, if joe schmoe comes along and thinks that the $35 is a good deal and snags it up, the seller is gonna think they can do it again with another game.
There isn't a definitive guide on it, but they should check prices online, or even check on eBay to get a rough estimate of the item's value on the collector's market, and how much most people who own it were willing to pay for it. Those should be seen as suggestions to follow. Try to stay somewhere around the number those sites give. If they charge too much more than that, then they're trying to screw over their customers.
When people base their prices on ebay, I tell them to sell it on ebay.
Originally posted by: Metah
I would never recommend real life pricing to be based off of online/eBay prices. First, there are shipping fees and eBay fees that are not in play in real life. Second real life has a smaller pool of potential customers. When you sell on a site like eBay, you might actually be able to find that person who is willing to pay a huge amount, but in real life that's much less likely.
When people base their prices on ebay, I tell them to sell it on ebay.
Well said!
Originally posted by: Metah
I would never recommend real life pricing to be based off of online/eBay prices. First, there are shipping fees and eBay fees that are not in play in real life. Second real life has a smaller pool of potential customers. When you sell on a site like eBay, you might actually be able to find that person who is willing to pay a huge amount, but in real life that's much less likely.
When people base their prices on ebay, I tell them to sell it on ebay.
Good point. Sites like Pricecharting.com or Rarityguide.com would be better for that. But eBay can still be used as a place to get a rough estimate if you're going to be selling the game on eBay or Amazon. Provided you don't just look at the highest price being named and assume that's what people will pay for it. Which is unfortunately what a lot of people do.