Wata Folks Caught Buying and Selling Games?!

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Pat the NES Punk

Pat the NES Punk

Күн бұрын

Пікірлер: 298
@PatTheNESpunk
@PatTheNESpunk 3 жыл бұрын
What do you think about Seth's revelation regarding Wata's Mark Haspel and my experience with Rich Lecce? Read more about Seth's story here: www.pro-gamer.co.uk/wata-co-founder-accused-of-breaking-company-rules-on-selling-graded-stock/
@jasontrojanowski2139
@jasontrojanowski2139 3 жыл бұрын
Love your show guys watch u all the time I ran into something similar happening with the Disney black diamond Vhs tapes
@TheDailyNostalgiaShow
@TheDailyNostalgiaShow 3 жыл бұрын
I believe you should have a new category which is scumbag seller of the year. At the end of the year you and Ian take all the scumbags of the weeks and vote on which one is scumbag seller of the year. I would like to nominate this one as scumbag seller of the year. Wata games is lost all their credibility in my opinion. I hope the FTC gets involved soon.
@GentileMysteriesConspiracies
@GentileMysteriesConspiracies 3 жыл бұрын
This "graded" non sense was getting out of control with sports cards as far back as the early 2000's. It has only gotten worse all around the collectibles industry since then. Sept. 10th when NBA 2K22 hits, the My Team cards will now have a digital grading case where you can "upgrade" the cards. As if that gambling loot system was not already bad enough, this coming version is going to be much different with literal digital versions of "grading cards." How can the same card pulled from different 2K packs grade differently ? Guess we will find out next week......
@shoked99
@shoked99 3 жыл бұрын
It’s gross. Did Haspel sell CGC comics when he worked there? I never liked Rich, the Pawn Stars appearance was marketing, he doesn’t care about games, just getting more money.
@unclelou4839
@unclelou4839 3 жыл бұрын
Crooked as a roach leg, tsk tsk tsk. I trust Seth, he's 100% on the level.
@kekim86
@kekim86 3 жыл бұрын
This is a common practice for top level employees at any business. The Nike scandal with a vp's son using her cc and employee discount buying massive amounts of hyped sneakers and reselling them just made everyone more aware. If Nike knew of that, you can bet Wata knew about this too but looked the other way.
@thomasp.crenshaw185
@thomasp.crenshaw185 3 жыл бұрын
Great point. It's rampant through so many companies, such a shame.
@mjcook3922
@mjcook3922 3 жыл бұрын
@@aceone2156 common practice? These kinds of activities are potentially illegal or considered fraud for a reason which involves keeping healthy capitalist markets functional. Capitalism does not mean taking a huge risk at getting caught creating fake unemployment accounts so you can "make money" defrauding state government.
@konradwroblewski2115
@konradwroblewski2115 3 жыл бұрын
@@aceone2156 Quit trying to be clever because you're not. You don't even know how to capitalize sentences. And land and property are essentially the same thing. Not to mention you're never the actual owner, the banks are. That's what annual taxes on your land are for. Try not paying them and see what happens. You're just bitter and jaded because you likely work at your local Wal-Mart and buy PS5's with your discount so you can try flipping them for double. Thinking you're some type of clever and savvy businessman for doing so. The shoe fit and now you're triggered.
@jamesgoss1860
@jamesgoss1860 3 жыл бұрын
Total frauds. I'm looking forward to Karl's followup video that he teased.
@radcow
@radcow 3 жыл бұрын
Yup I'm so impressed with his work it's really deserves an award or something
@jamesgoss1860
@jamesgoss1860 3 жыл бұрын
@@radcow In case any writers from Kotaku were wondering, THAT is game journalism
@johnnycigar2061
@johnnycigar2061 3 жыл бұрын
It's pretty smart.
@louisebrown103
@louisebrown103 3 жыл бұрын
@@aceone2156 talk about a game is not the same as saling a game 4 thosands of dollers and people are upfront about weather or not they where given a code or whatever. Thats the differance.
@scipio8866
@scipio8866 3 жыл бұрын
@@aceone2156 So collectors shouldn’t talk about games they love on KZbin? That’s kind of unavoidable isn’t it? Collectors love video games, so they’re gonna talk about them. That’s not even the same ballpark as the WATA scandal. You really think they don’t love the games they talk about and that it’s just a grand conspiracy to drive prices up? Duh
@richyvandamme
@richyvandamme 3 жыл бұрын
I'm pretty sure Denis knows employees are buying and selling wata graded games, he just didn't think anyone would find out
@konradwroblewski2115
@konradwroblewski2115 3 жыл бұрын
Bingo!
@shingotink5062
@shingotink5062 3 жыл бұрын
He was trying to acquire "The Punk Collection"
@GodfathersGodfathernet
@GodfathersGodfathernet 3 жыл бұрын
I was going to say Contri Collection but Punk Collection sounds good too 😆
@IndygoEEI
@IndygoEEI 3 жыл бұрын
I wonder what's the most worthless thing I can acquire from The Punk Collection so I can say I own a one of a kind piece of history. Wait I know! I request to acquire TP from the collection. Yeah that's gaming related.
@Faber0k
@Faber0k 3 жыл бұрын
@@GodfathersGodfathernet Contri collection sounds better ;)
@worldsheaviestjamband93
@worldsheaviestjamband93 3 жыл бұрын
This is like watching a Nightline story in real time. Following this entire thing from question to answer over the last few years has been fascinating. Thank you so much Pat and Ian for your continued honesty.
@Budters
@Budters 3 жыл бұрын
It's a common practice, and a felony to bid on your own auctions. EBay shutdown one of the biggest sports card sellers for doing this just last week.
@bryanobrien2726
@bryanobrien2726 3 жыл бұрын
It's funny because ebay tries to hide shill bidding and allowed it to happen unhindered for many years . They claimed they had computers monitoring shilling algorithms yet you'd see multiple (0) feedback bidders with hundreds of bids and dozens of bid retractions with 100% activity to a single seller and ebay's technology couldn't see blatant textbook shilling LoL.
@iyeetsecurity922
@iyeetsecurity922 3 жыл бұрын
A felony? What's the charge?
@Cursalock
@Cursalock 3 жыл бұрын
@@iyeetsecurity922 In the United States, bid rigging is a federal felony criminal offense under Section 1 of the Sherman Act. It’s fraud and anti-competitive. The act can be related to market manipulation as well.
@bryanobrien2726
@bryanobrien2726 3 жыл бұрын
@@Cursalock And if done through the internet like for example on Ebay it's considered wire fraud .
@roundearthvideogamer6039
@roundearthvideogamer6039 3 жыл бұрын
Wow, 99% of Mr. Haspels graded games on that site are WATA graded 9.4 or higher. What "privilege."
@stephanel6637
@stephanel6637 3 жыл бұрын
Easy to make almost any grading 9.8 or 9.6 ... it's a total frauding system
@madjoe8622
@madjoe8622 3 жыл бұрын
Always remember, that SM 64 graded at 9.8 had a damaged corner (lower left). Those grading are a joke. Imagine a black lotus PSA 10 with a damaged corner. Would never happen.
@Momirmaster
@Momirmaster 3 жыл бұрын
@@madjoe8622 really? there was a PSA 9 sent to alpha investments that turned out to be a fake. guy lost 20k
@calebjohnson8737
@calebjohnson8737 3 жыл бұрын
For a person who collects graded comics and cards and loves video games. I’m so glad I found your pod years ago so I never got scammed. Y’all the best
@poposterous236
@poposterous236 3 жыл бұрын
Their brazenness reminds me of The Last Action Hero when Charles Dance goes to the real would and just ices a guy to test a theory. "Hello? I have shot somebody and I did it on purpose."
@LunaMystofoles
@LunaMystofoles 3 жыл бұрын
Absolutely fantastic comment
@vampenga9277
@vampenga9277 3 жыл бұрын
I know it's kinda screwed up, but that scene got me laughing. You're right though, it definitely applies to this situation.
@eyeswideshut7354
@eyeswideshut7354 3 жыл бұрын
great reference!
@vekluke9472
@vekluke9472 3 жыл бұрын
I honestly don’t even play video games. But I always watch this podcast…am I the only one?
@PutYourQuarterUpGaming
@PutYourQuarterUpGaming 3 жыл бұрын
Sometimes in my life ive deff watched this more than played games at the time.
@kranibal
@kranibal 3 жыл бұрын
WATA should be “decommissioned”.
@collectorsalmanac
@collectorsalmanac 3 жыл бұрын
I wonder if he's selling all the pre-NES stuff on eBay, and has another person selling his stuff on Heritage. He's only come into games the last 3 years, invested loads, so it seems like a rat jumping ship before it sinks, or because of the Wata ties and money in that he is having to sell off his stuff off to prove his legitimacy going forward.
@GodfathersGodfathernet
@GodfathersGodfathernet 3 жыл бұрын
These guys seem to have no limit to how low and scummy they'll go. This is currently a situation where these disturbing things are coming out in the open but the big players in sealed collecting have a lot to lose so they'll keep making excuses or just simply ignore it. Not just the Wata people, but well-known collectors in this market MUST start coming forward and acknowledging how problematic all of this is. IT'S THE RIGHT THING TO DO. It's becoming very apparent that those who aren't established in sealed game collecting need to be very cautious because when the market finally takes the hit that's coming, they'll be the real losers. People spending big money on games that are only worth a fraction of what they paid 😟
@roundearthvideogamer6039
@roundearthvideogamer6039 3 жыл бұрын
Damn, dude offered you $100K for the NWC gold cart. If Pat would have sold that cartridge it would have been one of the record breaking sales of 2021.
@retrogamer82
@retrogamer82 3 жыл бұрын
I’m smiling bcuz all those suckers who have sealed / graded games are pretty much worthless now
@JZekis
@JZekis 3 жыл бұрын
"the art is the game". Love that point.
@shoked99
@shoked99 3 жыл бұрын
What’s going to happen at future expos with WATA booths?
@adamhoffoss5768
@adamhoffoss5768 3 жыл бұрын
You'd have to be completely insane to bid/buy anything that has the WATA name on it.
@adamhoffoss5768
@adamhoffoss5768 3 жыл бұрын
@@bkirk0510 The value is absolutely, in PART, in the company that is "grading" it. I can slap a sticker on a sealed copy of the same Mario game and no one will care. The games themselves are not worth even remotely close to what they are "selling" for because the buyers aren't collectors, they're investers, investing into a company that is about to go to the crapper. Don't get me wrong, I get what you're saying, but the WATA name is about to be worthless. They're overgrading most every game.
@danhalo1405
@danhalo1405 3 жыл бұрын
@@bkirk0510 it is insane because those people are frauds everything with the name WATA on it has a stain of fraud on it
@CAPCOM784
@CAPCOM784 3 жыл бұрын
@@bkirk0510 No game will ever be worth $ 2 million and thats a fact.
@CharlesBrusch
@CharlesBrusch 3 жыл бұрын
Only reason to buy anything Wata now, is if the price is equal to or less than a non-graded sealed copy of something. The Wata name will carry no weight, but the actual item will still be worth something.
@adamhoffoss5768
@adamhoffoss5768 3 жыл бұрын
@@CharlesBrusch My thoughts exactly.
@ghkillah1995
@ghkillah1995 3 жыл бұрын
Pretty soon, when someone sees an acrylic case with WATA on it, it will devalue the game. Get RID of them!
@chaosdimension6433
@chaosdimension6433 3 жыл бұрын
I say remove that stupid label with a score and keep the protective plastic shell
@ghkillah1995
@ghkillah1995 3 жыл бұрын
@@chaosdimension6433 I say tear the friggin case off, rip the plastic factory seal. off, and play the damn game! THEN get a pvc case to protect the box, manual, and GAME for when you're not using it.
@joshgriffith6775
@joshgriffith6775 3 жыл бұрын
@@ghkillah1995 I agree buy games to play them not just because you think it will be worth money someday
@neoasura
@neoasura 3 жыл бұрын
@@aceone2156 Nobody is paying a million dollars for a mint original game anyways, those arescammers doing that with each other.
@GentileMysteriesConspiracies
@GentileMysteriesConspiracies 3 жыл бұрын
This "graded" non sense was getting out of control with sports cards as far back as the early 2000's. It has only gotten worse all around the collectibles industry since then. Sept. 10th when NBA 2K22 hits, the My Team cards will now have a digital grading case where you can "upgrade" the cards. As if that gambling loot system was not already bad enough, this coming version is going to be much different with literal digital versions of "grading cards." How can the same card pulled from different 2K packs grade differently ? Guess we will find out next week......
@Islandswamp
@Islandswamp 3 жыл бұрын
Graded magic cards kinda suck too. The old formats are hard enough to play without all the rare shit being stuck in slabs.
@KevinArcade87
@KevinArcade87 3 жыл бұрын
Same with Pokémon and PSA
@KevinArcade87
@KevinArcade87 3 жыл бұрын
Or a Charizard card that got graded by PSA to a 10 and was refused a 10 by Beckett but then Logan Paul submitted the card and Beckett gave it a 10 to get Logan Paul to advertise them
@juicyfruit6311
@juicyfruit6311 3 жыл бұрын
If you had Shop At Home, you knew about Ken Goldin and Don West. Don had heart attacks live on air when shilling everything from Pokemon cards, Beanie Babies, and sports cards. Goldin was known to shill everything regarding Michael Jordin including his college acceptance letter. Goldin' involvement with video games collecting is scary!
@PutYourQuarterUpGaming
@PutYourQuarterUpGaming 3 жыл бұрын
Ya all silly. Least with sports card like real human, real historical record, maybe like you were there in stands for big game etc, completely surprised everyone despite rookie predictions for player etc, Super Bowl winning team collections, like my point being there is REAL WORLD history behind sports cards at least and really, yes modern card prices are silly but like talking about a card from 1950’s in good condition? THATS RARE. Lol Freakin sealed skyrim? Or mario 64? Lol give you $5 and $5 respectively, even when was kid like forget Mario 64, give me nes/snes games any day.
@brendanroberts1310
@brendanroberts1310 3 жыл бұрын
Jim scalpering Deniz con Mark Haspaypal
@shane2613
@shane2613 3 жыл бұрын
Appreciate the coverage, Pat. This company seems to be filled with POS.
@Islandswamp
@Islandswamp 3 жыл бұрын
It's weird that I don't follow this channel or karl that closely but I got all of these videos suggested and I am glad I did.
@oreganodog
@oreganodog 3 жыл бұрын
He really deleted the eBay account after this. Truly wild.
@beegchunguz7425
@beegchunguz7425 3 жыл бұрын
Super ironic that Video game collectors investing into WATA are the ones getting played.
@ryanrobillard6484
@ryanrobillard6484 3 жыл бұрын
It is blatant looking the other way and collusion, if Richard is a co-founder trying to sell the graded SM game on Pawn Stars and Dennis comes to give his expert advice. You think after walking into the store and seeing Richard; Dennis would be like "hey I know you, what are you doing here?"
@friedcircuits3577
@friedcircuits3577 3 жыл бұрын
Am I too late to get my snes copy of Shaq Fu graded? Cause that's easily an 8.9 with box and all. Only a handful of people want it, so it should be worth around 2.5 million by my estimates.
@PutYourQuarterUpGaming
@PutYourQuarterUpGaming 3 жыл бұрын
XD Like actually wiping tears out of my eyes.
@friedcircuits3577
@friedcircuits3577 3 жыл бұрын
@@PutYourQuarterUpGaming Super kind of you, thanks :)
@eduardovilla7573
@eduardovilla7573 3 жыл бұрын
Tried looking up his seller account on eBay looks like might have deleted it?
@johnnylefthand6628
@johnnylefthand6628 3 жыл бұрын
Wata/Heritage are a market makers (founders sell, and buy auction items: create value resell through grading). Unsure if illegal... "Essentially, the law allows shill bidding if a notice is posted in the terms of service..." I did comment elsewhere that if Mark didn't sign the employee contract, he is not bound by it. As a founder of a few companies, and an advisor to others, as an advisor I never signed an employee contract. As a founder I did because I was part of daily operations. But a co-founder left the company, and the employee contract was voided when they resigned, and signed the exit paperwork/NDA, etc. This is all feels sleazy but unsure if illegal.
@stewartfennell8926
@stewartfennell8926 3 жыл бұрын
I finally get that scene in the Wolf Of Wall Street now where he asks a group of guys to sell him a pen.
@Do_i_amuse_you
@Do_i_amuse_you 3 жыл бұрын
I just went into a used video game store and a copy of Zelda :twilight princess had a sticker price of $169.99. Is this over priced?
@PrinzessinRamode
@PrinzessinRamode 3 жыл бұрын
I had some people multiple times that tried to do the same thing with my Cheetahmen games. He tried to offer me like $800 for my Cheetahmen 2 with the box. I told him that those games are worth way more than that, especially since it is mint. I also told him that my games are simply not for sale. I hate scammers so much.
@PrinzessinRamode
@PrinzessinRamode 3 жыл бұрын
@Robert Anthony right, you would pay close to $5,000 for that game. :P
@PrinzessinRamode
@PrinzessinRamode 3 жыл бұрын
@Robert Anthony usually people who play roms don't appreciate the game. The point is, Cheetahmen is rare and a fixed number is known. I think it is much better than recent games. Speaking of games crashing, literally anything by Ubisoft. Lol
@Trencher1375
@Trencher1375 3 жыл бұрын
Wow! Being a grader and a seller at the same time!
@joshua.snyder
@joshua.snyder 3 жыл бұрын
Speaking of selling, what became of the Pat the NES Punk Sale?
@PatTheNESpunk
@PatTheNESpunk 3 жыл бұрын
Coming in 2022!
@calvinthedestroyer
@calvinthedestroyer 3 жыл бұрын
What's the story on the coins stuff?
@zzzzzz-rn3oh
@zzzzzz-rn3oh 3 жыл бұрын
Funny you mention this @ 10:00 Im starting my own burger grading company guys. I have been hoarding vintage original wrapped McDonalds cheeseburgers in my closet for decades and Im slabbing them and sending them to heritage.
@WhatAboutZoidberg
@WhatAboutZoidberg 3 жыл бұрын
Precious Roy is the perfect analogy for this group people, making lots of suckers out of a lot of people.
@BrianKapellusch
@BrianKapellusch 3 жыл бұрын
Precious Roy! Buy my graded games.... SUCKERS!
@JMRSplatt
@JMRSplatt 3 жыл бұрын
Going on Pawn Stars.. with an item like that.. They had no intention on selling it to the store. They are just falsely inflating the prices.
@jonm2438
@jonm2438 3 жыл бұрын
It’s sleazy I agree. Why not capitalize off it and price your stuff ridiculously high and make them pay. Eventually the buyers dry up
@anrew9368
@anrew9368 3 жыл бұрын
Can’t wait for Heritage to start selling SMB/Duck Hunt for 10,000
@Chris-lt8up
@Chris-lt8up 3 жыл бұрын
Ive always thought it was nonsense. No one knows how many games they grade. No one knows the guidelines for the grading. And money knows money there all in it together to pump up the market
@scott-bates
@scott-bates 3 жыл бұрын
If and when the Wata Grading fiasco really crashes prices down on new sealed games, I wonder how this might affect other graded collectibles? I would imagine those other markets would have a price dip as well. I always thought that Complete in Box collectors of video games makes more sense than sealed. But, when I see CIB games getting graded, I'm like really??
@theretrogradegamer3125
@theretrogradegamer3125 3 жыл бұрын
I’ve read seth’s article, are you sure he’s a “professor?” It was quite difficult reading through his article.
@PatTheNESpunk
@PatTheNESpunk 3 жыл бұрын
There is definitely a "professtorial" style to his writing. :p
@vespasian606
@vespasian606 3 жыл бұрын
Collectors Universe bought WATA last month for an undisclosed amount. The PR company doing damage control for WATA, Goldin Solutions actually works for the new owners. Goldin has done crisis management work for clients in the past but denied that the statement they gave to Kotaku (where they denied everything) came from the crisis management team but in doing so admitted that they still have such a team. Obviously that Kotaku statement DID come from the CMT but they want to pretend there is no crisis. The statement from Heritage Auctions is eerily similar. Pretty sure Goldin Solutions is acting for both parties. Neither party responded directly to the allegations of collusion. What a surprise.
@madjoe8622
@madjoe8622 3 жыл бұрын
Can Kotaku just goes bankrupt, they are annoying.
@Heyitserica13
@Heyitserica13 3 жыл бұрын
Did Ian just make a Precious Roy joke?!
@johnhess9443
@johnhess9443 3 жыл бұрын
you guys are doing great work for the video game collecting community.. keep it up!! I wish we could all agree to just never buy anything these people will benefit from.. maybe take a month collectively off ebay bidding and let everything start getting down to normal.
@mrgarneau4895
@mrgarneau4895 3 жыл бұрын
Outside of the scam that is going on, I don't understand graded games. There's no guarantee that the game inside actually works. Imagine paying 2 million for a game that might not even work, isn't that the entire point of gaming. To play them
@ghkillah1995
@ghkillah1995 3 жыл бұрын
@@bkirk0510 It would be fine if the world didn't degrade and humans weren't so damn destructive, huh? I feel that comment for sure.
@danhalo1405
@danhalo1405 3 жыл бұрын
Very true it is just moronic all the value in this graded games bullshit solely relies on the condition of a 5 cent ordinary standardised plastic seal that is not even part of the actual game and the 50 cent boxes, the game itself can be defect long lost its function and you basically pay a million dollar for a faulty game
@danhalo1405
@danhalo1405 3 жыл бұрын
@@bkirk0510 with those other products they at least grade the condition of the actual valuable item and you can see that the item is not faulty with those. You can see if a comic magazin has intact pages, you can see if the cards are intact and with coins you are able to see the condition the actual coin is in but with a video game all of this is not the case the only things that get graded is stuff that is not related to the condition of the actual game
@danhalo1405
@danhalo1405 3 жыл бұрын
@@bkirk0510 yes and this is completely idiotic (in my opinion) a 5 cent plastic seal has no value and yet it is one of the main factors that should carry all the value? And faulty productions do happen games can be defect right out of the factory thats one of the main reasons why you get a returning period at vendors, also even if its not defect at the beginning an old game can stop working at some point even if it was never used. Is is absolutely possible that someone pays a million dollar for a defect game with this graded bullshit market for games
@danhalo1405
@danhalo1405 3 жыл бұрын
@@bkirk0510 i do get that people that buy those graded games don't really care about the actual game because they are investors but i think that is stupid. And the comparison with cards is not really accurate people buy cards to look at them that is the main value and the main reason for those cards to exist to put them in your album and look at them but for games the main reason why people buy them and the main bulk of those games value is to play the game on your Tv, that is the whole reason why games even exist to play them, so the item that carries all the value for games is the condition of the cartridge or disc
@JackieTheBold
@JackieTheBold 3 жыл бұрын
Glad to see the scumbag seller segment again, it's like saying hello to an old entertaining friend.
@ViViDG
@ViViDG 3 жыл бұрын
Wata graded games should be below loose price.
@johna.dawson709
@johna.dawson709 3 жыл бұрын
very interesting.. does that mean the bubble will burst on all collecting avenues ? sports cards, comics, video games ?? will be very interesting to see what happen, if anything happens over the next few months or year...
@Islandswamp
@Islandswamp 3 жыл бұрын
Lol I always hated keeping stuff in boxes instead of using it.
@Jliving8008
@Jliving8008 3 жыл бұрын
Omg. Are you serious?! This is insane. But no word form WATA.
@samsungphone1326
@samsungphone1326 3 жыл бұрын
Good job guys!!!!
@peanutbutterpandapuffs
@peanutbutterpandapuffs 3 жыл бұрын
Next theyll just use family members or spouses names until someone digs in and ties relations lol
@iyeetsecurity922
@iyeetsecurity922 3 жыл бұрын
Take em down with sledgehammers! No. Fire! _No._ *Sledgehammers on fire!!!*
@MrMegaManFan
@MrMegaManFan 3 жыл бұрын
If it was this easy everyone of us could have bought a whole bin of sealed games on clearance in the 80’s. They were out there. They still ARE out there.
@thrillretrogamer9801
@thrillretrogamer9801 3 жыл бұрын
Just heard Walmart is going to get the their unopened games graded and auction off...lol...Great video can't wait to see the next one...
@dansanfrisco
@dansanfrisco 3 жыл бұрын
The people that open packages and use the items as intended are the ones that get the true joy out of ownership and collecting. I never understood grading material items (very subjective) other than a way to hopefully make money on the back end and in that instance you are really losing the joy of the whole buy/ownership/collect experience. I would imagine people with tons of graded items have mountains of stress related to the buy in cost, storage and of course sending things in hoping to get a high grade back. In that aspect it seems much more wasteful than the person who wants to buy and actually enjoy the product. Maybe I am crazy here but that is just my opinion.
@juannunez5767
@juannunez5767 3 жыл бұрын
If you have money on these graded games, sell. Get back what you can. Don't try to tell the emperor that his clothes are beautiful because you can't accepted how rigged this entire ecosystem is.
@ryanjacobson2508
@ryanjacobson2508 3 жыл бұрын
Never buy anything "graded" because it could either be a fraud or absurdly inflated in "value".
@lifestyle936
@lifestyle936 3 жыл бұрын
Last summer? I can't remember last night
@skins4thewin
@skins4thewin 3 жыл бұрын
For this story to truly get the attention it deserves, some big publication is going to have to report on it. Then and only then may we see some sort of legal action actually take place. And I truly hope it happens, cus these effing scumbags need to be prosecuted!
@pez_d_spencer
@pez_d_spencer 3 жыл бұрын
Golf clap on Ian slipping in a clandestine Sifl & Olly reference.
@nubatman
@nubatman 3 жыл бұрын
Well dang Ian. I was thinking of that same song when I was a minute in. His quest for money has him craving.
@emobassist
@emobassist 3 жыл бұрын
So is he grading his own games ?
@jeremygregorio7472
@jeremygregorio7472 3 жыл бұрын
So eBay shows the average price and what they're doing is is trying to raise the average price on eBay.
@Aries73
@Aries73 3 жыл бұрын
Near as I can remember, 2600 games never were sealed. This whole situation continues to reveal itself as a scam.
@johndickerdown9225
@johndickerdown9225 3 жыл бұрын
They were showing up on my feed on Facebook until I started calling them out
@matthewbryant2972
@matthewbryant2972 3 жыл бұрын
I heard some other youtuber chalk this all up to what he learned about Bank Robberies in college; the success rate for a bank robbery is 90%... it's crazy.
@poepoe99999
@poepoe99999 3 жыл бұрын
Wata 📉 Vga 📈
@matthewbryant2972
@matthewbryant2972 3 жыл бұрын
WATA should use the money they're making and start a burger chain called Wata Burger... where you can eat burgers, and buy video games, at the same time.
@KevinWunn
@KevinWunn 3 жыл бұрын
+500 points to Ian for the Sifl and Oly reference
@TheUncleshady
@TheUncleshady 3 жыл бұрын
BUY MY STUFF 10:34
@jwt4810
@jwt4810 3 жыл бұрын
With all the crazy game prices right now nothing makes sense. But I can tell you this the truly rare and desirable games are undervalued at least in the market wata is "creating". If a sealed mass produced mario game is over a million, then a gold NWC should be too. If I had a gold NWC or grey NWC I wouldn't sell right now unless I needed the money. Those are the true "Mona Lisa's" of the gaming world.
@jwt4810
@jwt4810 3 жыл бұрын
@@bkirk0510 Ya I think what's going on now is you have the collusion of these "market makers" who really aren't collectors and know very little of the hobby. They are capitalizing on familiar titles which in sealed form are harder to find and could be considered rare. The name recognition of a zelda and mario game trumps something like Sealed Panzar Dragoon Saga or a Misadventures of Tron Bonne. Collectors know these titles but not the new $$$ coming in. I think what will happen is you will see more copies of the sealed games come to market and there will be a crash on those titles especially if a lot hits the market at once. Eventually the games that are truly rare and collectible may rise up in price as the hobby matures and people realize that.
@jwt4810
@jwt4810 3 жыл бұрын
@@bkirk0510 Yep and if anything should be selling for these high dollar amounts it should be an item like that not a 3rd or 4th print run sealed zelda etc
@8ByteBrian
@8ByteBrian 3 жыл бұрын
Even though this has the most impact on graded games(and logically so)I think this will eventually cause a ripple effect throughout the hobby in general, where you will start to see, CIB, complete, & loose game prices level out. Why? In my opinion at this point almost the entire value structure needs to have a new baseline. So many people come to average CIB prices not just from sold eBay listings, but values are generally determined based on multiple high price sales, and then estimated based off of that number as the grade condition goes down; i.e. sealed/cib/complete/loose. I think you're going to see a lot of "rare" loose carts & even popular common complete & cib games drop drastically in price, now that the curtain has been lifted. It's such a shame to see people take advantage of collectors like this.
@firestorm1579
@firestorm1579 3 жыл бұрын
My major problem I have with Wata is who THE FUCK gave these guys any credit what so ever?!
@Raw-guitar
@Raw-guitar 3 жыл бұрын
Ian should wear a backwards red baseball cap. That would look cool.
@wantsome-zs5sq
@wantsome-zs5sq 3 жыл бұрын
Correct me if I'm wrong but wouldn't this situation be considered price fixing which is illegal. Here's the definition: Fixing is the practice of setting the price of a product rather than allowing it to be determined by free-market forces. Fixing is illegal when it involves collusion among two or more producers of a product or service to maintain artificially high prices or keep the prices they pay their suppliers artificially low.
@nintenjoel
@nintenjoel 3 жыл бұрын
Don't get high on your own supply -Ian 2021
@Skorpio420
@Skorpio420 3 жыл бұрын
+1 for the Ice Cube/N.W.A reference.
@PutYourQuarterUpGaming
@PutYourQuarterUpGaming 3 жыл бұрын
I would never say anyone reading this should boycott all graded products in any market, but boy do I love cotts.
@TheRealCykOne
@TheRealCykOne 3 жыл бұрын
Pat ur so right, as a little one I throw all the fuxkin gameboxes away!!! Who cares anyway?? The Game is the art!!! One Love
@madjoe8622
@madjoe8622 3 жыл бұрын
Continue to expose them. The more awareness, the more chance authorities will look at this.
@WheelchairMania
@WheelchairMania 3 жыл бұрын
The best way to hose these guys is exactly what you're doing. Spread the word and hope it gets enough mass attention, that way no one will buy these games from these crooks and their plan will fail.
@ScooterinAB
@ScooterinAB 3 жыл бұрын
And the art of a game isn't the subjective experience someone is projecting onto the game but has nothing to with the game itself. Using your burger metaphor, the art isn't the drive to the restaurant, or about you sitting in the dining room.
@hanzo90
@hanzo90 3 жыл бұрын
I'm going to send my dogs turd in a box to WATA to grade. Hopefully it's in perfect condition 🤭
@Tarman85
@Tarman85 3 жыл бұрын
If there's one area I wanted these sleazy bastards to stay away from, it was the last great part of my childhood, video games. With the mobs destroying everything else I once loved growing up and tainting them, I knew I could always turn to classic games I grew up with. Now, like everything else, that is threatened.
@matthewbryant2972
@matthewbryant2972 3 жыл бұрын
I'm all for getting on Wata's case... but like... isn't this how collectable card prices work? All the big card shops determine the secondary market value for cards... they're pre-ordering magic cards, for example, from them, and that's just how it's been for decades. Like a Channel Fireball buyer will buy out all the Bonfire of the Damns from Star City Games, making $3 card become $40 around launch...(this happened to me as I passed a Bonfire of the Damned and was later talking about it being a $3 card...during a Avacyn Restored Release Day draft... and the sac store owner was all, "that became $40 overnight"
@LarryLopez91
@LarryLopez91 3 жыл бұрын
You think the bubble's finally gonna burst now?
@LarryLopez91
@LarryLopez91 3 жыл бұрын
@Robert Anthony Within a month or two, a sealed SMB will go for a MAYBE a thousand bucks lol. At least that's what I'm hoping.
@ricardoenriquez7718
@ricardoenriquez7718 3 жыл бұрын
Hey, Guys! Another great video! GREED, GREED and GREED plain and simple!🤮
@IanNewYashaTheFinalAct
@IanNewYashaTheFinalAct 3 жыл бұрын
13:19 number four: I know you heard this before, *never buy your own supply* number five: never sell no WATA where you rest at, I don't care if they want an ounce, tell 'em "bounce!"
@FumetsuGolf
@FumetsuGolf 3 жыл бұрын
I dunno Pat - based on the sale of that $2m Mario Bros, you should offer to sell WATA your Gold NWC cart for $10m. That's a steal in comparison.
@lerler2000
@lerler2000 3 жыл бұрын
When I saw graded games being sold for insane prices that seemed to have connection to their realistic sales price. I aways assumed it way illicit and they were money laundering.
@NESADDICT
@NESADDICT 3 жыл бұрын
Super sketchy
@ThaMizphit74
@ThaMizphit74 3 жыл бұрын
Of course Denis knows!!!
@scrappypat5612
@scrappypat5612 3 жыл бұрын
something aint right with sealed vintage pokemon too in late 2019 you could buy a base set booster box for 1k. within one year it soared to 20k and the reasoning was demand is up for vintage stuff. well the thing is yes demand went way up but in my opinion there was still plenty of supply of this older stuff. whats really messing things up is people paying 300-1000 dollars for a booster pack from a box break. if people stop doing that these boxes wont have much of a resale value above paying 20k a box and naturally price will go down since no one is gonna buy a 20k box that you can not make a return on it.
@Retro_Game_Craze23
@Retro_Game_Craze23 3 жыл бұрын
Damn, you can see the anger in Pats eyes in this video!
@lifestyle936
@lifestyle936 3 жыл бұрын
1200 for uncommons? thats outrageous.
@kiddvideo1036
@kiddvideo1036 3 жыл бұрын
I hate to see this a d how it’s effected the entire secondary market on used games. Even yard sales I’ve gone to have common games marked up.
@Tactical_Therapist
@Tactical_Therapist 3 жыл бұрын
Of the Week or weak ? Probably both
@theeveshamgamer
@theeveshamgamer 3 жыл бұрын
Nothing surprises me anymore. Possibly trying to cash in before the handcuffs are put on.
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