I have a theory that’s it’s a small group of people buying these games from each other, through Heritage and eBay, back and forth, just to create hype and perceived value. Maybe I’m wrong.
It's kinda what's happening alot of the people buying these are making the rounds on youtube channels i see some of them pop up on my comic book channels i watch and i'm just like why is this person a guest oh because they're also hoarding graded comics to try to increase the values of the 40 copies of hulk 181 they've invested in. It's a bunch of rich people that really don't care about the actual items outside of using them like a stock market. That's what's happening in the comic,mtg, and video game market i find it funny when people grade like SNES games though i was at a convention and saw a bunch of sealed SNES games and the lady was like oh those are super expensive and i replied with they won't be in a decade she's like oh they'll only go up in value. So i asked her how do you plan on changing out the battery in that SNES game when it's still sealed and in a case and starts leaking...she had no idea what i was talking about and had no clue what a save battery was lol.
Ah, my weekly reminder of how foolish I was as a kid and tossed my game boxes directly in the trash just keeping the game and Manuel in the dustcover 😔. Everyone on my block did that too.
@Add Me To A Song Of Ice And Fire Yep. You threw them out because they weren't a valued part of the experience when you were a kid. A small percentage of kids (who, let's be honest, fell somewhere on the spectrum) held onto boxes and manuals. Now they're rare. You didn't want them to preserve them when you were a kid, you don't want them for any reason other than "value" as an adult. You don't actually want them. It's a symptom of the same problem that's lead to sticker sealed, graded, but common as toenails games being believed by some to be worth 6 figures. It's not really desired.
I grew up with a mega drive, so the idea of throwing away boxes was always bizzare to me. Because the mega drive boxes are obviously meant to be kept, to protect the cartridge, and are a hard plastic rather than cardboard. But even without those features, I loved looking at the art work and the blurb on the back of all my games. I dunno why you'd wanna get rid of that
THANK YOU IAN. I love you forever for finally calling Pat on that :( Ian, destroyer of PatCash, Annihilator of Castle Contri and voice of the people. I like you too Pat but goddamn do you drive me mad sometimes with your cute phrases.
It's clear these two are really good friends. Great job Pat. Keep up the good work. I always find your podcast interesting. Rich from Reviewtechusa says it's one of the only shows he always watches. Great little Tron reference there Ian.
Hmm, Maybe Pat Cash is like Disney Bucks? They are only good at one location and for only a few things. I guess Pat's exchange rate is $1 USD = 5 PCD(Pat Cash Dollars)? Still, from 11:08 on I was rolling. Great job guys.
Of course you don't call it "Ian Cash" Ian, everybody knows it's "Ian Bucks" jeez. It's got a picture of a bottle of ranch dressing on the front and a dude chugging a half gallon of milk on the back. How can you not know this?
@@joshua.snyder Georgie's love story authoring is indeed pretty deplorable, but really, Jumper is Hayden's career high point since one of the most hated movies of all time in Episode 3.
@@johnr.1592 Hayden gets too much blame. Anakin/Vader deserved a much better story. Not saying Hayden is an amazing actor, but he isn't as bad as he gets blamed for, nor the cause of the prequels woes.
@@joshua.snyder Biggest woes? The lore was already written. We knew what had to happen and so we weren't surprised by anything. We knew who must've lived and died, we knew about the betrayals, we knew how it would end. Fan fiction level dialog didn't help. TV movie acting didn't either. Ewan Macgregor stole his scenes, so better acting could have helped.
Did anyone see the Nintendo PlayStation prototype being posted on Craiglist a week or two ago? I seen it posted in the Denver, Colorado CL and I seen someone in a game group find it in their area. They were asking $3,000 through PayPal for it, which is a steal. They also used the same picture where a Japanese copy of Pocky and Rocky was in it. I know it's an obvious scam since I heard the original owner turned down extremely high offers for it. That should be an interesting topic.
I get the Heritage ads pertaining to comics and games around every Wednesday night. And yeah, it's clear to me that they are applying comic book-style grading to these games (looking for every tiny flaw in the box/cart to give it a grade. I have collected comics since the late 1970s (though nowadays I am not nearly as into it as I was in say, the 1980s/90s), and unlike comics I don't think games have the same sustainability as classic comics. The big problem is because console games have been around since the 70s while the earliest comics came out in the 1930s, and so you have several generations who view those comics with nostalgia (so-called "Greatest Generation", Boomers, Gen X, Gen Y, Millennials the current gen). While you have collectible game carts from earlier, most of the real collectibles from the average consumer market focuses on the NES and SNES era. Most of the games on Heritage are from the 8-16 bit era, and even those are primarily NES, SNES and sometimes Genesis. And as you say, the ones investors tend to lean on are familiar titles, ones they have heard of. Sheesh, by that logic, Combat for the 2600 should go sky high :) But with game fans, you can have games even fairly recently go sky high (Saturn games, anyone?). Since you seldom see those games put out on other platforms, you'd think the Heritage people would gravitate toward those. But no, while that WATA collection had some, that doesn't seem to be what the investors are going for. They never heard of the Saturn simply because that system, as much as I love it, did horribly in the US. And eventually these investors, unless they do something to artificially drive up the market, will realize that they are investing in a market that they have no clue about, and they'll take it in the shorts because of it.
People were collecting first print nes for many years. This first print daytime rad racer and hangtab first print thing isn’t new. That megaman Dain paid 20 grand for it way back before this wata thing. I would expect a collector as knowledgeable as Pat to know these have been special and saught after for a decade plus.
I share Ian’s sentiment on this topic. These comic book people are disgracing the whole concept of collecting. I want to see them all take a big bath - I hope they all get scrub a dub dubbed right out of the hobby.
I pray for the day when someone pulls a Phillip J Fry, buys one of these absurdly priced games, rips that box open and plays they damn thing just so he can share the experience with his friends. en.m.wikipedia.org/wiki/A_Fishful_of_Dollars
You know the whole "From my point of view, the Jedi are evil." line probably would've had more weight if we hadn't just seen him murder children and choke his wife. Like "I might've done all that, but man those Jedi tried to kill my friend who turned out to be a Sith Lord."
I can't stand people that get video games slabbed and graded. They aren't old baseball cards or comics that can deteriorate easily. They are video games!!!! Maybe if it was a one of kind game or something, but Mega Man???? It's a common game, and I don't care about rev-a or hangtabs or any of that silly shit. Retro video game collecting has become absolutely ridiculous!! If I can't play the game, then it has no value to me at all.
Anyone that pays that much for a sealed game isn't a collector. Not even a gamer. It's an investment to make profit off people with mental illness. Hell I have an avs. I own and play what I had as a kid. This shits ridiculous.
This scheme can't die fast enough. Unfortunately, there will always be idiots with more money and ego, than brains and saavy to keep it alive somehow. P.S. Please Pat don't feed the WATA/Heritage machine.
Some of these are the same whales who ran up magic the gathering cards doing this same stuff. They want 1) low print run 2) sealed, and 3) top condition. That's their trifecta of rarity and exactly the same way the operated on mtg. Low print run is why they chase things like the weird first printing variants of mega man. Sealed is why cib and loose don't go for anything at these auctions. Top condition is why the 7.5 silent assault took it in the pants. If someone finds a sealed silent assault that grades at 9.5 or better and they can convincingly claim is a first print run, the whales will throw their $15K down for that copy. Not because they care about or know anything about or ever played or ever will play silent assault, but just because the worldwide population of potential 9.5 sealed first press silent assaults is probably what, 1 or 2 copies, 3? Maybe 0? Their game is to corner the entire global supply of super rare items and then they can charge anything they want once their monopoly is established. It's how they got people buying older sealed mtg product for several times the price of the entire set of cards that could possibly come from that box. If you want the item you go through them or go without. At some point you'll see these 15K auctioned games come back to the market at 40 or 50k. And they'll get it, there's sealed mtg product that they get that kind of money for with this same scam. The absolute earliest stuff you can get 50k for one single pack now not even a whole box.
That's the whole economy though, it's like 12 companies selling the same stuff back and forth for more and more money. What gets sold out to people like us is the scrap cuts they don't want, similar to the graded 7 games and loose carts.
Young people don't value physical objects the way the older generations did. Most collection hobbies are dying, get out while you can if you care about losing value over time.
I feel bad for selling my sealed stand-alone Mario mint on eBay auction for a little over a 100 bucks i think was around 15 years ago i only paid a buck for it at a yard sale so seemed like a pretty good deal at the time lol
Just don't see anyone buying Mario Bros sealed for hundreds of thousands of dollars in the future. It's possible but the print numbers of Mario Bros just don't make it the same as 30's comic books.
It's becoming more and more like record collecting, where the "popular" titles are what brings in the money (so long as they remain popular), while the rarities only have a handful of people seeking them, and once their hands are filled those items will sit or sell for significantly less than expected.
With this segment, I would say don't ever get rid of your NES collection, not so it will accrue value, but because there are not full collections willy nilly, so if you get rid of anything do it all and to a museum as a full collection don't worry about money but preservation is key
