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Thread: OK is it really worth getting the VGA GRADING ?

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    Pretzel (Level 4) jonebone's Avatar
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    Quote Originally Posted by Bojay1997 View Post
    Yep, the VGA grading thing seems to have slowed as well. There haven't been as many record breaking sales lately and I see a lot of stuff just sitting on Ebay for months at a time with no buyers. The stuff graded at 90 or above does seem to still sell quickly, but the reality is that there just isn't much of it out there, so the few collectors who buy it are always competing for it.
    It was just one whale buying everything, there's a fine medium somewhere. People looked at those sales and thought that was the basis of all collectors... it's not, it's just one rich guy and his money.

    Say a title goes for about $150 sealed on average then someone gets a VGA 90 of it. So they're probably $200 into it themselves. There will be plenty of buyers at the $300 / $400 / $500 level based on the premium grade. The problem is that this title was selling for like $10,000 if the whale needed it, so ignorant buyers assume that's the value on a VGA 90. Yet the real value may have been closer to $1,000, but the market never got to see it.

    So prices are still moving up in a steady fashion in you really know the fair value of an item. You just exclude those outlier flukes and sealed games are as healthy as ever.
    Last edited by jonebone; 10-16-2012 at 01:58 PM.
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