Video game collectors are terrified of this happening….

[@T21989]

I never cared about this. Must be a reseller thing.

[@aBathingSloth]

It’s genuinely only a reseller thing.

[@MilkWasABadChoice17]

I've been collecting my entire life. Most of it has come within the past 15 years. Never paid more than retail. I think the most I've ever spent on a "retro" game is ~$60-70. The people that invest and spend three or four figures for single games is nuts. This time is very similar to 2008-2010, a lot of video game shops went under or were bought out because you couldn't give a lot of this stuff away, tough times bring great opportunities for others.

[@IcyVegeta]

Only resellers care. If a game is too expensive, I'll just skip it and grab a ROM/ISO. Most of the games I care about, I already have, or those games are all within reasonable prices and supply.

[@gp63]

99% of my collection I got before 2015 when I could still find $2 deals at the thrift store. I barely have any money tied up in this and I avoided paying hundreds of dollars for any game, so personally the bottom falling out in the market doesn't affect me at all. I think the most I ever paid for a game was like Final Fantasy 3 SNES off ebay for like $40 around 2014

[@shawn22stl]

I refuse to pay reseller prices for games. I’ll just go without them

[@atomixfang]

You dont even have to do that. You can have the same experience just by downloading roms.

[@shawn22stl]

@@atomixfang i actually enjoy going to my gaming shelf and physically pulling the game out and running it so roms do me no good unfortunately.

[@Silentevil7]

My biggest fear as a collector is being at the point in the future where it really is hard to find childhood items cause they have been moved all across the world. As a retro game seller, i have seen a lot of Europeans buying American games and vice versa (i.e. Doshin the giant).

[@Bird-Birdy-Love]

I'm not even if the high priced games i did buy in the triple range would lose value i have no issue as i can buy more stuff to play. Only re-sellers are afraid of the market crash as they would lose their money maker.

[@Alien_isolationist]

You only lose money, if you sell early.....

[@adamfn7086]

Anyone who buys video games just for an investment are crazy

[@b4rs629]

True. Every game I own in my "stockpile" is a game that I have a "bond" with... lol

[@DavidMerritt-nc5vm]

I kinda did that with the Nes set it didn't start that way but I once I committed to collecting the whole 667 games and only spending around 7k to do so with the set worth about 35k loose I went a year after completing and sold while prices were high

[@phile6889]

Its Mario Kart. It sold in the literal Millions. Even if you minus the copies that are lost/damaged/in poor condition there are THOUSANDS of copies that are in excellent or better condition. If you are going to spend that sort of money on a video game, buy something that you know simply does not have the supply to meet the demand. Anything Mario or Pokemon etc is just insanity.

[@need2burn]

Ignoring the auction house scheming, the problem with grading is that it creates a bubble. This happened to both the comic book, records, and baseball card worlds in the 90s and those markets were decimated. When you get a $50 game graded, you now immediately add $35 or whatever it cost to grade into the price. People now think their copy of the game is worth $85. Then, these graded items will get put on eBay for insane money, and other people that have the same thing see that and think "Oh, that must be around what MINE is worth." Which bumps up the price even more and the cycle continues.

[@ThePosetowns]

First print books aren't graded, and are a highly collectable. So why are they grading video games?

[@pauljacob99]

I own a lot and don’t care if the prices drop. It’s about the pleasure of owning what I want.

[@lewis9391]

Yup

[@richardfosterII7575]

Also I have been hardcore collecting since 2018 or so. I had 96 games back in 2018.

[@JoEs_Do9]

I don't even collect games, I just follow old video game stuff because there's nowhere to buy video games for old consoles anymore for someone who is looking for a them

[@crazycarlsadventures5983]

A lot of people are really unaware of heritage auctions and how many rich people shop on there … some people shop on there that spend $10K-$30K on a game have millions of dollars .. to them it’s a investment that could tank overnight and they wouldn’t care or notice …. The people who spend what they don’t have are the fools ..

[@JBird401]

Just a heads up alot of those sports games have holographic stickers on the cases and you cant get them off. So some of them suck for case swaps

[@marcellachine5718]

Yep, very true.

[@BigChunkySkates]

Greg has some knowledge but he’s is not a collector for any of the right reasons. He’s an investor buying almost everything on spec. I hate that mentality, it literally ruins game collecting. It’s not just because it inflates the price, it also makes gaming boring. The value of a collection being able to play amazing games forever. Graded game collectors are passion vampires.

[@grizzlybearking1878]

That does not make it not the "right" reason. You don't get to dictate what's right and what's wrong when it cones to this. Idc for Greg's look on game, but it does not make it "wrong"

[@TheBigRagooDOTcom]

The hunt is what's fun. Wont pay more than $20 for a used game, unless it's a horror survival. Love collecting those

[@RenegadePandaZ]

Graded games are stupid. It’s just creating more scarcity just so some crypto bro can have an ‘investment’ in something they don’t actually care about.

[@SuperSpacebum]

I only collect SNES and Dreamcast games. I purchased a good chunk of my collection prior to 2020. I was pleased to see the prices of many of my games go up, but I'm still not selling until I'm about ready to die. If game collecting is an investment, then I'm a hardcore hodler. So, if the retro game market collapses, it just means a new buying opportunity. Hehe.

[@mercurysillus6298]

Graded games are dumb. I don’t even really like sealed games unless it is for something like vita or psp, where I can get the actually game rom and play on the native hardware. But even then I like to be able to look at the manuals.

[@mercurysillus6298]

I’m getting rid of anything I don’t want to play. I have already moved all the fluff off my shelf and I only leave the stuff I care about. If it is a $100 game, but it isn’t a game I want to play it’s gone. Garage sale this year should be good for my buyers. Under $10 games I’m probably gonna move for like $2.

[@marcellachine5718]

I sell under 12 dollar games at my yard sales for 5 dollars each, or 5 for 20, and they sell well.

[@mercurysillus6298]

@@marcellachine5718 I may try that.

[@Socr8tes77]

Graded games are the dumbest things ever if you already have the game I guess it’s cool but otherwise games are meant to be played and grading is just dumb IMO

[@mjlthecreator]

only buy games I want to play usually for $5-20 max some retro games cost me over that like mario kart double dash cib $60 2nd highest deadly premonition ps3 cib $45 3rd highest is a tie between a couple costing $30-35 each, systems get for $50-200 max, it says collections worth 10k but don't think paid even half that

[@jeffreys4417]

I did want to add this one comment. If your collection is made up of nba2k3 and drag racing etc, the good news is you probably didn’t pay much for those games. Just like you have gotten those games for free in your hunting, I see a lot of Xbox games dirt cheap. 20 dollars really stretches on those fluff games. So you may not be able to sell them for a lot but I’d be shocked if you spent more than 1000 bucks on those fluff games because the ceiling can’t go very high on those cheap games.

[@kT-ci1ke]

only ones afraid are those who bought after the boom.... and get the Greg games interviewed some idiot who paid 30k for a sealed Mario kart LOL as if that guy is an expert because he had the money to overpay

[@richardfosterII7575]

I resell and I collect and I have little of 2080 or so games. But I never look at it as a investment. I just love collecting and playing games. I look at the value and think that is cool what my collection is worth. But I guess I think of my collection value for my kids who I will give it to after I am gone. Great video loved the topic.

[@gamefiendz]

Some people havet $30K like that, maybe he can double it, maybe he's a money launderer

[@josegurrola9021]

Not to be a jerk or anything but that "investor" made a stupid decision. Sure, a sealed mario kart will def go up be in value but any game collector and even big time investor/speculator would've done their research to see how fabricated those graded game prices were and how companies like WATA were just pulling numbers out of thin air in order to drive prices up, and ultimately profit off people who don't know better

[@kingforaday8725]

Buying video games as an investment is very risky. When it comes time to sell your video game the pool of potential buyers is very limited. With gold, diamonds, stocks, bonds the pool of potential buyers is much greater.

[@Alien_isolationist]

That's rediculous, it's based on supply & demand. Prices fluctuate same as the stock market. If it crashes, buy more & hold. Gold & silver is a good investment also.

[@crazycarlsadventures5983]

@kingforaday8725 there is a lot of rare games out there your unaware of that are worth a fortune and they continue to rise year after year

[@SurrenderedByGraceMinistry]

Cool, I’ll wait for a year. Or so, see how much games go down. Some used games need to go down. I just want to play them.

[@ThePosetowns]

I've been waiting for Sega Saturn games to go down 💀💀💀. Any decade now

[@vincenegra2612]

LOL~​@@ThePosetowns

[@humbleclarity598]

Gamestop is the worst place to sell retro games anyway if you want to sell your retro games find a good retro gaming store in your city...!!!

[@Fencer_Nowa]

Theyre really not. The vast majority of people would welcome it as they could then afford alot of the stuff thats gotten caught up in hype cycles years later. The only two groups who care are resellers and those who seek validation for having an expensive game

[@scourdx]

Good......let them lose 80%-90% of their investment. It's a wake-up call for those who jump into speculation driven by hype and fear of missing out. I won't feel sorry for those who take advantage of people willing to prey on their nostalgic trip and operate base on greed. Video games are meant for everyone, and those greedy individuals who snatch them up just end up ruining their fun don't deserve any sympathy.

[@VideoGameGrEEK]

What state you in?

[@Alien_isolationist]

Yea i had no problem getting price charting prices for my Nintendo Switch collection. Now i have a PS5 collection for free. (Edit: i sold 2023 / 2024 & recently ran out of stock)

[@FreeboEZ]

Its almost like majority of collectors are collecting for the wrong reasons + the retro prices is one of the biggest problems with trying to get into the hobby. if the prices were actually reasonable and companies made these games available on more modern hardware there wouldnt be clowns selling these decade old games for insane markup prices. im not a fan of the digital future but id rather have a company have more control over the games while offering better discounts than deal with morons thinking they can get hundreds for old games. all these games being dumped and archived is the proper outplay solution to this hobby

[@pmcfarlin7]

30 racks daaaaannnggggg lol. I'm looking at the back of my snes classic mini which was $80 which I thought I blew mad money for lol.

[@SulphurBorne]

Bad money choices are bad. That’s why I would never buy games as an investment lmao its actually dumb. That’s why I only ever buy what I love to keep it if I buy something I just want to play I’ll sell it after

[@operoverlord]

Well...i think graded games will break even in the distant distant future when all the sealed copies or cibs become opened, lost, or deteriorated. I, personally, dont buy graded games bc im only looking at the values 20-30 years from now while I'm still alive. I like to buy new bc its cheaper than graded and gives me the flexibility to sale or get graded in the future as, for right now, being graded just means u have a plastic case covering it. Also, not that worried about crashing market bc i still have a sizable savings and bought mostly games i would want to play and heavy hitters. Have a few sports titles but theyre steelbook editions that i wanted. 2 main ones are madden 23 and mlb the show '22.

[@gamefiendz]

i probably have maybe 500 games

[@CalvinTennessee]

It’s just like collecting comic books, sports cards, etc. A complete and total waste of money.

[@Alien_isolationist]

I think only you are worried, since the market will fluctuate for the next 1,000 years....

[@-Prestoned-]

If you collect for price gains, 😆 😆 😆

[@jayblastnetwork]

I used to think it could be a legitimate investment, but honestly cash will always be king. When you really think about it if you are going to put your games are sellable assets you might as well put all your furniture and electronics in your house up as that too. You can sell those too and make money, but it will never cover true savings. 7000 in a savings account is better than a 7000 game collection. The only real value is how much and how quick is someone willing to pay. I went to a convention last year and a guy was selling his NES collection. He had nearly all of the heavy hitters on the NES from Little Samson to Dragon Warrior 4 yet no one bought them even on the last day. That guy had multiple 1000 dollar games yet even at a con nobody was buying them. What is the value in that? I would tell collectors and "investors" to save your money and just buy overtime. These new guys rushing out to buy collections and then losing it all on one high bill are just proving there isn't a long term value in keeping games as assets and the ones that are successful at selling usually have a high savings to go along with it.

[@Alien_isolationist]

$7k in a savings account can be spent with bad decisions, especially when intoxicated. A game room worth $7k I can sell slowly if I need cash, IF I need it. Don't put your savings in 1 basket

[@jayblastnetwork]

@ I think you got a different problem if you are spending your savings like that or intoxicated into doing it. It's better to build credit, pay it off and save then to just put it in games. Or get into stocks. When things break down you need cash then a game collection won't provide that speed with the same amount of money. Maybe if you sell every so often, but not all at once. You really want money on you more than in just physical assets. Technically everything you have could serve as that, but you wouldn't want to lose those items because something breaks down.

[@MilkWasABadChoice17]

Sometimes going to conventions looking to sell high dollar stuff isn't always the best route to sell those things, the audience going to conventions usually look for the more popular things.

[@isaias630]

That’s funny I have a CIB Super Mario Kart. Not graded but the orginal box, booklet and game.

[@marcellachine5718]

Is it sealed?

[@isaias630]

@ not sealed or graded but it’s all there. No scuff or tears on the box too

[@mycollectionofvideogames642]

Glad graded games tanked 😂

[@FabuBrik]

Never once have I thought of the dollar value of my collection since purchase

[@sinhang007]

Ultimately, you cannot look at your video games in isolation relative to your other assets - which also fluctuate. It is no different than managing a stock portfolio. If you are a serious "investor", you take risk management seriously and you should ask yourself, "What % of your assets should be X?" X can be video games, X can be trading cards, X can be whatever. Then you imagine what happens if the value of X drops by 25%, 50%, 75%, or 100%. Does that impact your life? I would say if somehow you need to emergency liquidate X, then the risk management part was not managed well.

[@altjumps]

Crasssssshhhh max salt crash

[@Bobby-lu6ud]

If it does happen then I can finally afford to get a few expensive titles like the Flintstones and little Samson hahah that would be great

[@medmuscle]

Probably the big heavy hitters remain high because the supply is so low. But the mid and the common titles will go down.

[@atomixfang]

Hope it crashes. There is no need for physical games. Just download and play no need to pay the scalper premium.

[@Alien_isolationist]

Ignorance is bliss. You will own nothing and love it

[@atomixfang]

@@Alien_isolationist Why? I can literally play any rom I want on the consoles I have jailbroken without having to pay the scalper premium? Ignorance is paying 300 dollars for a game that was 60

[@nintendylan7449]

@@Alien_isolationistthat is only referring to buying games digitally not piracy. Pirated games are in a database that can always be accessed.

[@DrewM86]

I sold my life long collection that I gathered up from all around the country. 1994-2019....luckily I got most of my heavy hitters early 2000s. At first it was definitely just a hobby/addiction. As I started to mature into my 20s I started treating it like an investment. Which was damn fun no lies. Sold it all for 6 figures, but tbh it really wasn't even that much money lol I should of invested into something else for sure!!! I bought a house, new truck, paid off debt, few nice things for myself, furnished the house, and went a little crazy spending for a minute.....2025 I still owe half a mil on my house, and my truck is worth maybe 8k more than what I still owe lmao