Predictions on Value of COD MW2 Prestige Edition?

[backguard]

I'm wondering if I should sell the one I preordered now and pick it up cheaper later on. Is this going to go the way of the Halo Legendary Edition or will it be more like the Metal Gear Solid 3 LE?

[swlovinist]

I'm wondering if I should sell the one I preordered now and pick it up cheaper later on. Is this going to go the way of the Halo Legendary Edition or will it be more like the Metal Gear Solid 3 LE?

MOST LE do not keep their value in the long run(a small percentage go up, and a large percentage go down). I find myself questioning buying any new LE editions. I LE run now is in the thousands, ten thousands, and in Halo 3 case...hundred of thousands.

I would sell it now, and who knows...you may not even want it later. I am sure that there will be other cool LE editions to hit the market.

[Porksta]

Judging by recent threads, the price of the Prestige Edition has already hit $250.

[Bojay1997]

Judging by recent threads, the price of the Prestige Edition has already hit $250.

It's funny, I stopped by two Best Buy locations after work to shop for some clearance stuff and both stores had 3-4 Prestige Editions for both consoles still in stock at 7:00 p.m. Although this isn't Halo LE common, it sure ain't that hard to come by. In fact, most online retailers were selling it up until a week ago. I think this is going to drop down to MSRP or less within a few weeks when people realize how ridiculous the cheap goggles and plastic head are.

[norkusa]

I dunno. There's someone on NA trying to sell a couple copies of the Prestige Edition for $250 each but everyone says they're pretty easy to find in stores.

I really don't see the Prestige edition being worth much more than what it's selling for right now. Same thing happened to SFIV & BlazBlue LE's after they we released but now you can get them pretty cheap.

Personally, I don't buy LE's anymore for collecting purposes. Last time I did that was with GTAIV and I still regret buying that thing. I'll buy them if I'm really hyped about the game though (like Demon's Souls).

[misfits859]

Judging by recent threads, the price of the Prestige Edition has already hit $250.

Better sell'em while ya can for that. It's simply initial hype that ain't gonna last.

[portnoyd]

I dunno. There's someone on NA trying to sell a couple copies of the Prestige Edition for $250 each but everyone says they're pretty easy to find in stores.

The same guy posted that spam here.

Only get it if you're going to play with the NV goggles. ONLY!

[Oobgarm]

If you're buying the "LE" of an extremely popular game with the intention of having it increase in value, don't.

Generally, those things that are collectible and increase in value are either:

a) overlooked entirely and see an increase in demand later on
b) available in extremely limited numbers (100,000 copies is NOT limited, more like 1,000 or less) and is desirable for one reason or another
c) meets the above qualifications and is only available through a small retail channel

A version of a game that 95% of retailers carry and likely got 20 or more copies of will NOT be "rare" in the future and will likely decline in value once the hype winds down. If anything, the outer packaging will be more difficult to locate in good condition, not the contents.

[portnoyd]

We were actually considering selling the hardened version game that comes with the Prestige version and then buying it back in 4-5 years for $10. :P

[Frankie_Says_Relax]

There's typically a formula for these things.

Value = genuine scarcity + market demand.

Where there's high demand and very little product the market value goes up.

Where there's high demand and plenty of product to go around the value will bottom out in the long-term.

Now, considering that Call of Duty Modern Warfare 2 is one of the biggest releases of this decade, I'm guessing that Activision has a few million "limited editions" (yes, it's an oxymoron) out there, and that the demand will never warrant a long term increase in value, not to mention that this game is destined for future sequels which will over-shadow the momentary blip of uber-popularity for this entry.

Basically, this has everything working against it as an investment in value long term. (see Halo 3 helmet edition) There's probably room for a quick flip for profit if you got one and want to get rid of it when the first few shipments are scarse at retail.

[Oobgarm]

We were actually considering selling the hardened version game that comes with the Prestige version and then buying it back in 4-5 years for $10. :P

I think this is good plan.

[kaedesdisciple]

Why on earth would a manufacturer create an actual limited edition anyway? It's not like they would see any of the profits that are to be made on eBay. They put out just enough to make it seem scarce so everyone will buy them quickly thinking that they are making a great find. Meanwhile, there are enough copies out there to cover my apartment building (360 Perfect Dark LE anyone?). I daresay that most game companies are wise to the idea of people collecting video games and try to capitalize every chance they get, like a good company should.

With that said, $50 shipped, if you're really lucky.

[IcBlUsCrN]

unless you know the actual print run of the games its only limited by how many people buy them. As gaming get more popular the less value "limited" has.
Case in point would be the stupid x360 faceplate the ones that are numbered in a L.E. run can get pricey
The only reason to buy anything limited edition now would be to get whatever extra comes with it.

Actually was there not one of the halo editions harder to get (sold less) then the other. legendary sold more then limited right? i dont remember.

my story from yesterday
as far as the prestige edition i got one for ps3 yesterday from best buy. during lunch i stopped buy game stop and they had P.E for 360's but not ps3. lady walked in wanting a P.E for ps3 (she called the store but the store did not hold the copy) she supposedly drove down like 2 hours. I told her i got one from BB few minutes earlier and she say they were sold out. I sold her mine for $200 and get this she then she buys a new ps3 with a borderlands game............. i dont understand ........
Anyway i ended up getting the MW2 250g 360 package.

[kai123]

I had the limited edition of Bioshock for 360 sealed and sold it on ebay a few months ago for around $250. So sometimes it can but for the most part I don't think so.

[TonyTheTiger]

Why on earth would a manufacturer create an actual limited edition anyway? It's not like they would see any of the profits that are to be made on eBay.

Atlus joked about that recently when the company somewhat tongue in cheek announced that future print runs would be normal scale. The gist of the statement was something like, "We will no longer release tiny print runs and then take advantage of the demand by leaking out a few copies at a time on Ebay to reap the rewards of inflated prices."

[The 1 2 P]

Like most other limited/special editions of games(especially ones for popular games) the value of these will be falling very soon, espcially after the holidays. My Best Buy still has these in stock for both systems.

The only Modern Warfare 2 limited edition guaranteed to stay up in value longer than the holidays is the limited edition 360 console. And until Microsoft releases a stand alone 250 gb hard drive, thats going to remain at value or higher for quite a while.

[IcBlUsCrN]

on a related note , i went to gamestop today for there B2G1 used game sale , picked up 12 games went to pay and they had a brand new prestige edition sitting out there i inquired then returned 9 of the used games and picked it up for $150. Thinking about just putting it away along with cod 360.

[SegaAges]

I would say sell it. I tell the story all the time, but I got a brand new, sealed halo 3 legendary edition (the one with the helmet) for $50.

With how huge of a game that MW2 will be, it will be the same way. Why would they even consider doing a limited release for such a popular game? It makes no sense at all.

Wait on it and get it for $50 from Amazon like I did for Halo 3

[Bojay1997]

on a related note , i went to gamestop today for there B2G1 used game sale , picked up 12 games went to pay and they had a brand new prestige edition sitting out there i inquired then returned 9 of the used games and picked it up for $150. Thinking about just putting it away along with cod 360.

I hope you're kidding. Have you not been paying attention to this thread or many others? It's not rare and not worth $150. In fact, it's still in stock at many stores over two weeks after release.

[Ed Oscuro]

There's typically a formula for these things.

Value = genuine scarcity + market demand.
I punched in the numbers and the answer is five.

Just five.

[MarioMania]

Gamestop is selling the game for $150, is that used or new??

[Bojay1997]

Gamestop is selling the game for $150, is that used or new??

New. That's MSRP.

[RPG_Fanatic]

The only Modern Warfare 2 limited edition guaranteed to stay up in value longer than the holidays is the limited edition 360 console.

I went to Best Buy yesterday and they still had around 40 to 50 of the limited edition consoles. I should have taken a pic. I couldn't believe they still had that many of them.

[carlcarlson]

on a related note , i went to gamestop today for there B2G1 used game sale , picked up 12 games went to pay and they had a brand new prestige edition sitting out there i inquired then returned 9 of the used games and picked it up for $150. Thinking about just putting it away along with cod 360.

So you spent about $600 on video games, with the theory that they were a good investment? And not just any video games, the most anticipated games of the year, the most preordered games of all time? Hmmm... I've got some stuff to sell you.

[BHvrd]

http://popten.net/wp-content/uploads/2008/10/stock-drop.jpg

[jcalder8]

I bought this for full price, which is something I don't normally do. The reasons that I did are:

1. The pre-order sold out, at least locally, so I thought it was going to be hard to find, I have since only seen 1 copy since I bought mine.
2. I wouldn't want to buy a used one and run the risk of the goggles being broken. I normally always buy used but I didn't want to take a risk.
3. I think that it is a fair price for what you get. The plastic helmet in Halo 3 was not worth the extra 60 bucks, while I think that the goggles are worth the extra money.

This makes me think, hope, that the value will hold or at least not drop as far as Halo 3 did. Not that I bought it as an investment, just that I would feel stupid if in a couple of years I can pick it up brand new unopened for 25 like I did with the Legendary Edition of Halo 3.

[jaekwon15]

how rare/limited was the Demon's Souls Deluxe Version? when i picked mine up it was the only copy they ordered for the store (it was a pre-order.) and Atlus discontinued the Deluxe Edition in less than two weeks of its release. so just how "rare" is it really?

[ScourDX]

how rare/limited was the Demon's Souls Deluxe Version? when i picked mine up it was the only copy they ordered for the store (it was a pre-order.) and Atlus discontinued the Deluxe Edition in less than two weeks of its release. so just how "rare" is it really?

This is non related to MW2. You should post that question in this (http://www.digitpress.com/forum/showthread.php?t=135811&highlight=demon+soul) topic.

Back to the topic, I went to various places trying to find the Prestige Edition and it all sold out, but I still find a lot of the MW2 Limited Edition Xbox360. Maybe different city gets limited quantities?

[jaekwon15]

d'oh. sorry. when i saw MW2 LE was being compared to HALO LE and MSG4 LE, i for some reason thought i would bring up Demon's Souls LE.

[The 1 2 P]

I went to Best Buy yesterday and they still had around 40 to 50 of the limited edition consoles. I should have taken a pic. I couldn't believe they still had that many of them.

Different places will have different amounts left. Best Buy around here doesn't have anymore but I can still find them at Target or Walmart. And to be honest, you should be able to still find these in stores for atleast another two months(just like the Halo limited edition 360's and Metal Gear Solid 4 limited edition PS3's). The thing that matters is that these consoles will NOT be discounted at any normal chain stores. They will stay at their MSRP until they are completely sold out and then online their price will slightly fluctuate up.


Back to the topic, I went to various places trying to find the Prestige Edition and it all sold out, but I still find a lot of the MW2 Limited Edition Xbox360. Maybe different city gets limited quantities?

Actually, all limited editions(and some regular editions) availability will vary depending on where you live. Some of us can walk into any store at anytime and pick up any limited edition we want. But others need to camp out overnight or be one of the first to arrive to get certain limited editions. It all depends on where you call home. I can still find the 360 prestiege version in stores around here.

[Bojay1997]

Different places will have different amounts left. Best Buy around here doesn't have anymore but I can still find them at Target or Walmart. And to be honest, you should be able to still find these in stores for atleast another two months(just like the Halo limited edition 360's and Metal Gear Solid 4 limited edition PS3's). The thing that matters is that these consoles will NOT be discounted at any normal chain stores. They will stay at their MSRP until they are completely sold out and then online their price will slightly fluctuate up.



Actually, all limited editions(and some regular editions) availability will vary depending on where you live. Some of us can walk into any store at anytime and pick up any limited edition we want. But others need to camp out overnight or be one of the first to arrive to get certain limited editions. It all depends on where you call home. I can still find the 360 prestiege version in stores around here.

How can you be so sure? The Halo LE 360 console was still in stock and began selling for well below MSRP within a year of release. In fact, I think I paid less than half MSRP from Hot Topic on-line. The Metal Gear "LE" PS3 similarly lost about $200 in value after a second batch showed up on Walmart.com and Amazon. Limited edition anything in modern consoles or games is a foolish investment. Very, very few maintain their value and most lose value within months of release. Given how many unsold LE MW2 consoles I saw yesterday, I find it hard to believe it's truly limited in any way. When Microsoft makes the larger hard drives available for purchase separately, any premium attached to the MW2 360 will be permanently lost.

[Oobgarm]

Interesting fact: 5 of these were unclaimed for the entire weekend at Best buy.

[The 1 2 P]

How can you be so sure? The Halo LE 360 console was still in stock and began selling for well below MSRP within a year of release. In fact, I think I paid less than half MSRP from Hot Topic on-line. The Metal Gear "LE" PS3 similarly lost about $200 in value after a second batch showed up on Walmart.com and Amazon. Limited edition anything in modern consoles or games is a foolish investment. Very, very few maintain their value and most lose value within months of release. Given how many unsold LE MW2 consoles I saw yesterday, I find it hard to believe it's truly limited in any way. When Microsoft makes the larger hard drives available for purchase separately, any premium attached to the MW2 360 will be permanently lost.

I was talking about in store stock, not online stock. The Halo LE 360's and MGS PS3's all sold out at every Best Buy, Walmart, Target and Sears around here. None of them were ever marked down. The only time I can remember any LE consoles being marked down(not counting handhelds) during the last few gens were those of Nintendo(Metroid Prime Gamecube, Pokemon N64 among others). All the LE Xbox's, PS2's, PS3's and 360's have all sold out around here. And again I'm talking in store at the major retailers, not their online offerings.

I too have said several different times that limited editions games aren't worth their initial retail price because you can get them severely discounted within a few months after release. But limited edition consoles seem to hold their value much longer, except for Nintendo's.

[Bojay1997]

I was talking about in store stock, not online stock. The Halo LE 360's and MGS PS3's all sold out at every Best Buy, Walmart, Target and Sears around here. None of them were ever marked down. The only time I can remember any LE consoles being marked down(not counting handhelds) during the last few gens were those of Nintendo(Metroid Prime Gamecube, Pokemon N64 among others). All the LE Xbox's, PS2's, PS3's and 360's have all sold out around here. And again I'm talking in store at the major retailers, not their online offerings.

I too have said several different times that limited editions games aren't worth their initial retail price because you can get them severely discounted within a few months after release. But limited edition consoles seem to hold their value much longer, except for Nintendo's.

I'm sorry, but the price in a store is not the same as value. Value is what you can actually resell something for, not what it would cost if you walk into a store without shopping around. In video games, where the users are technically savvy to begin with, consumers will buy things as cheaply as possible whether that's on-line or at brick and mortar. Neither the majority of limited edition consoles nor games have held their value in recent years and claiming they will just because some stores refuse to lower their prices is both misleading and delusional.

[jcalder8]

In video games, where the users are technically savvy to begin with, consumers will buy things as cheaply as possible whether that's on-line or at brick and mortar.

Since when do they buy things as cheaply as they can? If this were true no one would buy used games from EB or Gamestop.

[The 1 2 P]

I'm sorry, but the price in a store is not the same as value. Value is what you can actually resell something for, not what it would cost if you walk into a store without shopping around.

That depends on who you ask. I bought Star Wars: The Force Unleashed for $15 new. I then sold it used a few months later for the same price. I made the same price(value) back that I put into it. And you can easily apply this practice to cars. So you're trying to tell me that if I bought an 05' BMW(in 2005) for $20,000 and I sell it in 2009 for the same $20,000 used that I'm not making my initial value back? Thats not how it works.

Cars, games and most consumer goods start to lose value as soon as you drive them off the lot or open them up from their factory seal. If you can get the initial value you bought them for when you sell them months or years later, than they have indeed retained their value for you. And until I can go into any retail store and buy the latest LE consoles for cheaper than their $300-400 asking price, I will continue to believe accordingly. I never said that LE consoles are a smart long-term financial investment, I just said they maintain their value longer than LE games--and they do. And one more thing...


Value is what you can actually resell something for.

Actually thats called profit;) Value is what something is generally worth, not necessarily what you are going to make from it.

[Porksta]

Technically profit is money you make in excess of what you paid.

Something's value is only what someone will pay. If I tried to sell an NWC cart and all I got were $100 offers, the value of the cart is $100, not $15,000+. Obviously this would not happen, but it is purely an example.

[Bojay1997]

That depends on who you ask. I bought Star Wars: The Force Unleashed for $15 new. I then sold it used a few months later for the same price. I made the same price(value) back that I put into it. And you can easily apply this practice to cars. So you're trying to tell me that if I bought an 05' BMW(in 2005) for $20,000 and I sell it in 2009 for the same $20,000 used that I'm not making my initial value back? Thats not how it works.

Cars, games and most consumer goods start to lose value as soon as you drive them off the lot or open them up from their factory seal. If you can get the initial value you bought them for when you sell them months or years later, than they have indeed retained their value for you. And until I can go into any retail store and buy the latest LE consoles for cheaper than their $300-400 asking price, I will continue to believe accordingly. I never said that LE consoles are a smart long-term financial investment, I just said they maintain their value longer than LE games--and they do. And one more thing...



Actually thats called profit;) Value is what something is generally worth, not necessarily what you are going to make from it.

You might want to take a basic economics class. If you buy a car in 2005 for $20K and sell it in 2009 for $20K, you have still lost money because of inflation. You also have probably had to pay maintenance and insurance, as well as other costs just to own the vehicle. Value is measured by what someone will pay for something in a free market transaction. The difference between what you paid and what something sells for less any costs including storage, sales fees, shipping, etc...is profit, not value.

I think the best examples of the flaws in your theory were with the MGS PS3. There was a guy trying to sell one on here a few months ago for the $600 he paid for it. He didn't realize that the price Walmart and others were charging had subsequently dropped to $450. Although there weren't any readily available on the market at the time, he was still only able to get $450 for it. He lost at least $150 on the purchase, not including the time value of money.

Limited editions are horrible investments and they should only be purchased if they are something you will personally enjoy and where you won't care when and if they are being sold for half the price or less down the road.

[The 1 2 P]

I think the best examples of the flaws in your theory were with the MGS PS3. There was a guy trying to sell one on here a few months ago for the $600 he paid for it. He didn't realize that the price Walmart and others were charging had subsequently dropped to $450. Although there weren't any readily available on the market at the time, he was still only able to get $450 for it. He lost at least $150 on the purchase, not including the time value of money.

The biggest flaw there is to never spend $600 on a console(LE or regular), a lesson Sony learned the hard way by trying to make that the norm. Furthermore, your example is completely useless because I have continuously stated that the value/price would remain while it was on store shelves(the point being that it wouldn't get discounted the way you keep insisting LE consoles do on a regular basis, which they don't). The guy you are referring to was trying to sell his console on.....wait for it....the internet, not on a store shelf.

I can only repeat myself so many different times Bojay. You might want to try listening for a change. I said most LE consoles these days sell out at their initial MSRP in stores before any discount every happens. Notice theres no mention about online offerings or the price of these LE consoles skyrocketing because of being a good investment. I said they maintain their value longer than LE games. And since LE games usually get discounted in order for all of their stock to be purchased in stores(where as LE consoles usually don't) then I was right. Now make sure you reread that before responding.

[Bojay1997]

The biggest flaw there is to never spend $600 on a console(LE or regular), a lesson Sony learned the hard way by trying to make that the norm. Furthermore, your example is completely useless because I have continuously stated that the value/price would remain while it was on store shelves(the point being that it wouldn't get discounted the way you keep insisting LE consoles do on a regular basis, which they don't). The guy you are referring to was trying to sell his console on.....wait for it....the internet, not on a store shelf.

I can only repeat myself so many different times Bojay. You might want to try listening for a change. I said most LE consoles these days sell out at their initial MSRP in stores before any discount every happens. Notice theres no mention about online offerings or the price of these LE consoles skyrocketing because of being a good investment. I said they maintain their value longer than LE games. And since LE games usually get discounted in order for all of their stock to be purchased in stores(where as LE consoles usually don't) then I was right. Now make sure you reread that before responding.

Again, you don't understand basic economic terms. Value has nothing to do with the price of an item at a particular store. Value is determined by the entire market, including on-line which, if you haven't noticed, is a significant percentage of commerce nowadays. If your only point is that limited edition consoles tend to stay at MSRP longer in brick and mortar stores than limited edition games, I will agree with you. That still has nothing to do with their value once you purchase them because value is not determined by how much you paid for something, but how much an item is worth on the open market. It also has nothing to do with the topic of this thread which is about predictions on the value of COD MW2 Prestige Edition.

[The 1 2 P]

If your only point is that limited edition consoles tend to stay at MSRP longer in brick and mortar stores than limited edition games, I will agree with you.

That was my main point.


It also has nothing to do with the topic of this thread which is about predictions on the value of COD MW2 Prestige Edition.

They are both limited editions(one's a game and one's a console) of the same franchise so I was comparing the two for that reason. I don't think either will hold any long term value, as the majority of us have already stated. And if anyone was planning on getting either, I'd definitely recommend on holding off buying the prestige edition because it's guaranteed to hit clearance within the next 4-6 months. I would love for the MW2 console to hit clearance as well but I'm not holding my breath.