4 ms·

This is one of those situations where $31k seems expensive now, and when it’s resold in 20 years you’ll see it move for $1mil. Rare things like this tend to inc

This is one of those situations where $31k seems expensive now, and when it’s resold in 20 years you’ll see it move for $1mil. Rare things like this tend to increase in value enormously.

eloisant 7y ago
The thing is, we don't know about that. Maybe it will. Maybe in 20 years less people will be collecting vintage video game consoles.
- theandrewbailey 7y ago
  Another one of these could be lying around in someone's attic, just like this one was.
  - gambiting 7y ago
    Yeah, and I'm 100% sure that both Sony and Nintendo have at least some in their own storage units. I work at a games studio and we have some early devkits for old consoles(not this though) and they are just collecting dust in a warehouse somewhere, we're not exactly allowed to sell them but I'm sure they would have a huge collectible value.
- reaperducer 7y ago
  I think you're right. Video games aren't like furniture that gets handed down from generation to generation and increases in value. They only have value to the people who remember them. In 20, 30, 40 years the vast majority of people who cared about these machines will be dead. Those who still care will be such a minority that there won't be upward price pressure. It's the same way you don't see people going nuts for Sperry and Burroughs gear today.
  - djmips 7y ago
    Sperry and Burroughs gear is pretty hefty though and it is appreciated by computer museums who have the space and budget to house and maintain them.
  - gambiting 7y ago
    Well, maybe, but this is kind of historical in that obviously both Sony and Nintendo are hugely successful companies, and it's weird to see a product that's cross-branded by both. Even if you're not particularly interested in video games, this is a very rare artifact. It's like finding a pair of shoes made by Adidas but branded Nike, or a can of Coca-Cola made by Pepsi. It's more than just an oddity.
  - Dirlewanger 7y ago
    Get ready in a couple decades for the original Xbox to be on auction house blocks.
    - lostgame 7y ago
      The problem with that is how common the original Xbox is. In North America, at least, the system was fairly popular; even if it made Microsoft very little to no money at the time.
  - karatestomp 7y ago
    It's no coincidence that the prices for even not-at-all-rare games and equipment spiked right around the time those who grew up with them started making actual money, and a bunch of nostalgia-focused web shows grew up at the same time, feeding and feeding off of the phenomenon. The only reason the prices may stay as high as they are for working gear & media is because both are starting to fail at a high rate, for that 1985-2005 aged stuff. Interest in them will definitely wane.
  - acomjean 7y ago
    In the mean time there are some "conventions" that feature arcade machines (because they're more fun to play than just look at) https://arcadeblogger.com/2020/01/17/free-play-florida-2019-review/ https://arcadeblogger.com/2020/01/17/free-play-florida-2019-... IN NH arcade machines are now housed in a playable museum: https://www.funspotnh.com/-Articles/pc-nhtodo.htm https://www.funspotnh.com/-Articles/pc-nhtodo.htm
- acomjean 7y ago
  My brother bought a box of baseball cards in the 90s hoping to cash in (unopened card packs). Its really not worth that much, he noted recently, but he still has it. (Wondering how the gum that came in those packs held up.) Classic video games are fun for nostalgia, but one of as the Broderbund software guys (Doug Carlston) says during an interview that he has old machines and the sometimes plays the old games: "They not as great as they are in memory, in truth is our tastes change and become more sophisticated over time" The rebooted Karateca for IOS and it didn't do well, and maybe he's rationalizing. Its kinda a fun listen, though not as good as others in the series: http://appletimewarp.libsyn.com http://appletimewarp.libsyn.com
- phkahler 7y ago
  >> Maybe in 20 years less people will be collecting vintage video game consoles. That is most certainly true. Emulators have taken away a lot of the value, and the people who collect for actual nostalgia will eventually die. How many people collect video arcade games vs the really old arcade novelties? Edit: BTW - Marvins Marvelous Mechanical Museum http://www.marvin3m.com/ http://www.marvin3m.com/
eden_hazard 7y ago
If I had 50k laying around, I'd buy this in a heartbeat without a thought. I love stuff like this.
- cestith 7y ago
  That wouldn't even cover the buyer's premium of $58k.
jerf 7y ago
I don't know if this will follow usual eBay patterns, with with it being, you know, not on eBay, but with 22 days left to go in the auction, there's little reason to believe $31k will be even close to the final price. One order of magnitude up would be no challenge to believe and two is completely feasible with 22 days to go. On eBay, action wouldn't have even started yet.
cestith 7y ago
Note the buyer's premium, too. Right now it's higher than the top bid.
- KarlKode 7y ago
  The buyer's premium is actually just 20% of the bid (with a minimum of $19). For the current highest bid ($48'000) this results in a buyer's premium of $9'600 resulting in a total price of $57'600.
  - cestith 7y ago
    Ah, you're right. It says "w/ buyer's premium", not just a flat premium. I was looking at the total price as if it was labelled the premium.
juanuys 7y ago
16 hours later and we're on ten times that. I wonder what the final price will be.

This is one of those situations where $31k seems expensive now, and when it’s resold in 20 years you’ll see it move for $1mil. Rare things like this tend to increase in value enormously.

eloisant 7y ago

The thing is, we don't know about that. Maybe it will. Maybe in 20 years less people will be collecting vintage video game consoles.

theandrewbailey 7y ago
Another one of these could be lying around in someone's attic, just like this one was.
- gambiting 7y ago
  Yeah, and I'm 100% sure that both Sony and Nintendo have at least some in their own storage units. I work at a games studio and we have some early devkits for old consoles(not this though) and they are just collecting dust in a warehouse somewhere, we're not exactly allowed to sell them but I'm sure they would have a huge collectible value.
reaperducer 7y ago
I think you're right. Video games aren't like furniture that gets handed down from generation to generation and increases in value. They only have value to the people who remember them. In 20, 30, 40 years the vast majority of people who cared about these machines will be dead. Those who still care will be such a minority that there won't be upward price pressure. It's the same way you don't see people going nuts for Sperry and Burroughs gear today.
- djmips 7y ago
  Sperry and Burroughs gear is pretty hefty though and it is appreciated by computer museums who have the space and budget to house and maintain them.
- gambiting 7y ago
  Well, maybe, but this is kind of historical in that obviously both Sony and Nintendo are hugely successful companies, and it's weird to see a product that's cross-branded by both. Even if you're not particularly interested in video games, this is a very rare artifact. It's like finding a pair of shoes made by Adidas but branded Nike, or a can of Coca-Cola made by Pepsi. It's more than just an oddity.
- Dirlewanger 7y ago
  Get ready in a couple decades for the original Xbox to be on auction house blocks.
  - lostgame 7y ago
    The problem with that is how common the original Xbox is. In North America, at least, the system was fairly popular; even if it made Microsoft very little to no money at the time.
- karatestomp 7y ago
  It's no coincidence that the prices for even not-at-all-rare games and equipment spiked right around the time those who grew up with them started making actual money, and a bunch of nostalgia-focused web shows grew up at the same time, feeding and feeding off of the phenomenon. The only reason the prices may stay as high as they are for working gear & media is because both are starting to fail at a high rate, for that 1985-2005 aged stuff. Interest in them will definitely wane.
- acomjean 7y ago
  In the mean time there are some "conventions" that feature arcade machines (because they're more fun to play than just look at) https://arcadeblogger.com/2020/01/17/free-play-florida-2019-review/ https://arcadeblogger.com/2020/01/17/free-play-florida-2019-... IN NH arcade machines are now housed in a playable museum: https://www.funspotnh.com/-Articles/pc-nhtodo.htm https://www.funspotnh.com/-Articles/pc-nhtodo.htm
acomjean 7y ago
My brother bought a box of baseball cards in the 90s hoping to cash in (unopened card packs). Its really not worth that much, he noted recently, but he still has it. (Wondering how the gum that came in those packs held up.) Classic video games are fun for nostalgia, but one of as the Broderbund software guys (Doug Carlston) says during an interview that he has old machines and the sometimes plays the old games: "They not as great as they are in memory, in truth is our tastes change and become more sophisticated over time" The rebooted Karateca for IOS and it didn't do well, and maybe he's rationalizing. Its kinda a fun listen, though not as good as others in the series: http://appletimewarp.libsyn.com http://appletimewarp.libsyn.com
phkahler 7y ago
>> Maybe in 20 years less people will be collecting vintage video game consoles. That is most certainly true. Emulators have taken away a lot of the value, and the people who collect for actual nostalgia will eventually die. How many people collect video arcade games vs the really old arcade novelties? Edit: BTW - Marvins Marvelous Mechanical Museum http://www.marvin3m.com/ http://www.marvin3m.com/

eden_hazard 7y ago

If I had 50k laying around, I'd buy this in a heartbeat without a thought. I love stuff like this.

cestith 7y ago
That wouldn't even cover the buyer's premium of $58k.

jerf 7y ago

I don't know if this will follow usual eBay patterns, with with it being, you know, not on eBay, but with 22 days left to go in the auction, there's little reason to believe $31k will be even close to the final price. One order of magnitude up would be no challenge to believe and two is completely feasible with 22 days to go. On eBay, action wouldn't have even started yet.

cestith 7y ago

Note the buyer's premium, too. Right now it's higher than the top bid.

KarlKode 7y ago
The buyer's premium is actually just 20% of the bid (with a minimum of $19). For the current highest bid ($48'000) this results in a buyer's premium of $9'600 resulting in a total price of $57'600.
- cestith 7y ago
  Ah, you're right. It says "w/ buyer's premium", not just a flat premium. I was looking at the total price as if it was labelled the premium.

juanuys 7y ago

16 hours later and we're on ten times that. I wonder what the final price will be.