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| larryinc64:
^ True Also with Nintendo games its They are released new and are MSRP Price drops a dollar maybe as it gets a little older Game is discontinued - Price doubles Budget version eventually released - Price plummets somewhat Out of print again - get a third mortgage Economy collapses - replaced with Mario Kart based currency :P |
| PinBiohazard:
--- Quote from: larryinc64 on May 21, 2016, 11:02:14 PM ---^ True Also with Nintendo games its They are released new and are MSRP Price drops a dollar maybe as it gets a little older Game is discontinued - Price doubles Budget version eventually released - Price plummets somewhat Out of print again - get a third mortgage Economy collapses - replaced with Mario Kart based currency :P --- End quote --- Beware of the Banana Peels |
| wiggy:
--- Quote from: segamer on May 20, 2016, 09:36:46 PM --- --- Quote from: wiggy on May 20, 2016, 09:06:22 PM ---Prices will fall. ALL collectible commodities gain and lose value, and the faster and larger the gain in value, the harder and faster that they lose value. The bubble will burst. Find an instance of collectible commodities which hasn't gone through this cycle, I dare ya. --- End quote --- 80's Star Wars action figures. At no point in collecting history have the prices fallen, they've only increased. The comparison is similar to the collecting of vintage video games. The initial rise in price started in the early 90's due to nostalgia. 100 of millions of Star Wars action figures were produced. It's not a bubble. A bubble is a summer of kids collecting Pogs. People have been collecting games since the 80's and 90's. Millennials entered a pre-existing world of video game collecting. Yes, many will sell of their collection and buy a car or something. That's been happening over the last decade. Only a mass exodus would cause prices to fall. --- End quote --- Becuase something hasn't seen a significant decline yet, that doesn't mean that it isn't inevitable. Comics rode a steady rise in value for 50 years before that bubble burst. IMO, what you're describing is more of a fad than anything (the pogs). I personally don't feel that something which kids were into for a year or so doesn't really fall into a collectible commodity, just a popular toy at the time. Also, the supply of retro games is (relatively) plentiful, unlike some of the exceedingly rare stamps, or baseball cards, etc. It's entirely possible that a market satiation could happen. --- Quote from: larryinc64 on May 20, 2016, 10:10:11 PM ---I think most games go through a phase of New - Old - Retro They are released new and are MSRP Price drops as it gets a little older Next hardware is released - Old hardware's games are at the lowest - Nobody wants them The available stock of new games dry up in stores Maybe another new hardware Prices begin to rise again ??? Profit? also inflation? --- End quote --- But that isn't the case for all retro games. Not at all. Some are virtually worthless, and there is no singular reason for such. It can't be boiled down to something so simple. |
| segamer:
@Wiggly Because 80's SW action have had zero decline proves that not everything exists in a bubble. It proved my point. Because the have yet decline, doesn't prove your point. Desirable Silver and Golden age comic have yet to decline in value. Pig and beanie babie are examples of collectibles that existed within a bubble as bubble exist for a very short period. I sold my Video Game shop in 2008. The escalation and demand of retro gaming had long since started. In 2003, I was selling Mike Tysons Punch out, Castlevania, Contra, Mega Man, etc... For $5. By 2008, I was selling them for $15. So, it's well past the point of calling this a bubble. |
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