5 ms·
The speculation on reddit is that the collection isn't worth close to $50k, let alone $550k, because the real gold in the collection has long since been sold of
by citricsquid 14y ago
The speculation on reddit is that the collection isn't worth close to $50k, let alone $550k, because the real gold in the collection has long since been sold off and what remains is just a collection of old games and consoles, games and consoles that aren't rare or hard to acquire elsewhere.
- klodolph 14y agoOr you could just, you know, check the list. From the pictures it looks like all the good consoles are in there, Playstations, Dreamcast, the Nintendos, Atari, plus handhelds. Then it seems there are a bunch of special edition consoles. As for games, I keep on seeing great games in there, including recent ones and old classics. Many are obviously imported and that's fairly expensive with the current Yen/Dollar exchange rate. Here's a picture of what appears to my eyes to be nearly every Zelda game: http://imageshack.us/photo/my-images/713/517ie.jpg/ http://imageshack.us/photo/my-images/713/517ie.jpg/ Every Mario game: http://imageshack.us/photo/my-images/441/513ku.jpg/ http://imageshack.us/photo/my-images/441/513ku.jpg/ and OH DEAR LORD it's the "Mother" series: http://imageshack.us/photo/my-images/525/506p.jpg/ http://imageshack.us/photo/my-images/525/506p.jpg/ Let me tell you about "Mother". You have to sell your kidneys to get those games. They're some of the best games ever written and they're also some of the hardest to find. Update: Now that I have looked at the actual list I see it contains some other incredible pieces, such as a sealed copy of Chrono Trigger (in 2008 one such copy sold for $1,217), Bubble Bobble part 2 (at least $100), Sonic the Hedgehog ($300+), Suikoden II ($140+), Virtual Lab ($900+), SD Gundam Dimension Wars ($700+), Jack Bros. ($120+), sealed Ibara ($180+), ... Update 2: That sealed copy of Chrono Trigger is for the DS, sorry. But Virtual Lab looks legit.
- meaty 14y agoThese are all artificial values i.e. they are a niche and you have to find someone who wants to pay that for it. Technically, my signed (by Bill Gates and Paul Allen) copy of "The MS-DOS Encyclopedia" was supposedly worth about £500 but it went on eBay for £25. And for that I had a nice curry.
- madaxe 14y agoAll values are artificial. Everything is worth whatever someone is prepared to pay for it. If someone buys this lot for $550k, it's worth $550k. You probably could have found a buyer willing to pay £500 for your intaglio, but it's all about market reach. This is why sniping on eBay for badly listed stuff can still earn you a small fortune. I bought a pair of mislabeled oil paintings with provenance on eBay for £45, and sold them at Sotheby's for, um, more than that.
- uptown 14y agoHow many zeros more?
- polymatter 14y agoOil painting with provenance go to Sotheby's. Ok, thats a given. But where would you go to find a buyer for computer manuals signed by billionaires? Or old computer games and long obsolete hardware? I always imagined you'd have to have a specific contact in mind when you buy such things and hope to flog it to them. And to whom do you go to if you had the money and wanted niche object X?
- madaxe 14y agoSotheby's, still. You'll find there are plenty of real-world auction houses who do specialist auctions and sell really esoteric stuff to a specialist audience. Also, you can always re-sell on eBay and break up the lot.
- TheOnly92 14y agoThe total value might not be that much, but I believe that the fact that they are "together", the collection as a whole should be worth around that money (efforts for collecting, etc).
- meaty 14y agoI don't think it works like that. The amount my house is worth is based on the number of rooms, the location and the condition, not the accumulated effort to build it.
- TheOnly92 14y agoI believe it does, labor cost is part of the price.
- soyelmango 14y agoSo… it does work like that. The value of the collection and of your house is a combination of its raw value, as well as less tangible/quantifiable factors (location, condition) – not to mention supply/demand. The accumulated effort of building your house – and thus the worth – is encapsulated right there in the number of rooms, location, and condition. In fact, I'd bet the human effort in building a house (planning, building, decorating) is more than the cost of bricks and mortar.
- grimgrin 14y agoThe speculation on Reddit is how much Pawn Stars or Gamestop would be willing to spend. I don't think $50k is an honest speculation, but just a lowballed arbitrary number. Someone else chimed in after looking over it and guessed $150-200k.