http://www.gamegavel.com/item.cgi?show_item=958029
I think I'm going to put a couple dozen dollars in & see if I win.
http://www.gamegavel.com/item.cgi?show_item=958029
I think I'm going to put a couple dozen dollars in & see if I win.
Last edited by Double Ugly; 06-22-2014 at 10:48 AM.
No one bid.
I'm curious as to if he'll honor an exceptionally low price.
You should just make a list of the games and take offers.
Selling it all together would bring in way less than its worth.
I see this auction as being a shill for Game Gavel. Why would someone who actually wants to sell something this high profile sell it on GameGavel, and not on Ebay? It makes no sense from a business side. The fact that he is giving away issues of Retro Gaming Magazine just screams direct involvement with SoCalMike. He probably set the reserve somewhere in the range of "too high for legit bidders" and "low enough that troll bids will get over that amount", to give it the appearance of "being sold". Lots of lazy news media have bit on such auctions in the past.
<Evan_G> i keep my games in an inaccessable crate where i can't play them
I think it goes without saying that my original assumption is turning out to be true.
Although, I thought the reserve would be around $200,000, not something around $700,000. Regardless, if you think any of these bids are legit, you are dreaming. At the current auction bid, it puts the price at about $70 per game, which is crazy except by Neo Geo standards (and I only see 2 Neo Geo games on there). This collection could have a gold NWC and sealed Stadium Events, and it would not even be worth that much.
If you are serious about selling something at such a price, you should be forcing the buyer to put a certain amount (say 20% of the purchase price) in escrow, to show they are serious. Anyone can give out fake phone and address details.
<Evan_G> i keep my games in an inaccessable crate where i can't play them
Agreed, at the price it's at it's obviously not real bidders. No one in their right mind would pay anywhere near that.
<SoCalMike> LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME
<Michael Thomasson> LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME, LOOK AT ME
This is all this is. I will bet $1k that he will not sell his collection no matter what it ends at.
I wonder how much money SoCalMike forked over to Thomasson to be able to do this, or if it was just a personal favor for the possibility of whoring out GameGavel/Retro to the mainstream.
Since SoCalMike will be pushing hard to get this to mainstream media, try not to share it. Don't support this blatant attention whoring.
Uh, who's this guy again?
No, really. Does he have a recognizable online handle like most other collectors (big and small) do?
Or it could be that my mother's medical bills are over two grand a day and after Medicare and insurance pay their part it still leaves a $700 a day payment out of pocket. Maybe I want my wife to have nice things for once, want my daughter to go to a better school...
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I don't know, maybe you should bother to read a thread you responded to numerous times?
The auction's reserve has been met and I looked at the bidding history. It looks a little odd- one person with the handle "peeps[with a long number]" started rapidly ratcheting it up after beating "offshorecz" (or something like that). Then another user, "catch123" was in a bidding war with peeps but the bids were literally 5-20 seconds apart to bring it over $750K.
Could it be shill? Possibly as it looks like sniping attempts with a few of the bids being rather "small" increments but with a few days left.
However, does it really matter? So it hits the headlines that this site sold a collection at X amount of dollars. While some collectors will call (ahem....are calling) foul due to what is considered amongst their peers to be overvalued, it will have not much of an effect on the landscape. People will go to GG. Maybe buy something they didn't see elsewhere, maybe try and sell something. If they get results they are happy with, good for them. If not, they will go to eBay or elsewhere.
Attention grabbing or not, the site is only as good as its sellers and will sell itself on those merits. There's no need to get personal.
Just some insights on the auction. We are phone verifying bidders at least making sure they are real people and have registered with real information and the two highest bidders are real people using their real phone #'s and what appears to be legit addresses. The reason for the quick back and fourth bidding is that the current high bidder has a higher maximum bid and the system continued to bid on their behalf with every counter bid. This is the first time we've had anything grab this much attention so were prepared to verify bidders. It's easy to delete bids by people who register with obviously fake contact info but never really thought people would shill bid and actually use their real contact info. I guess time will tell how this will play out.
Ok....that makes sense. It looked odd but didn't know how your site worked.
Folks, nothing wrong with giving the benefit of doubt. If the bidders really want to spend that money no matter what it's really worth, that's the bidder's choice. While on a completely smaller scale, it'd be like your non-collecting buddy questioning you why you spent XXX amount of cash on Dracula X for the PC Engine when it could be purchased on the Wii for maybe $10.
Whatever it ends at, I just hope the winning bidder pays up.
Like I said, I can't estimate the value with any confidence but I am happy for the seller if these bids are legit. I doubt anyone with a lot of knowledge of video game collecting would (have enough money) value this at $750,000 but it isn't hard to believe some rich person sees "World Record Collection For Sale" & suddenly fancies themselves owning it. I'm sure it happens with other collectibles too. Most people like to spend money & on things they don't need, wealthy people are no different.