Originally Posted by
badinsults
Without a doubt that is true, although I think you overestimate the desire of kids who grew up in the Gamecube era to want to collect games that were made before they were born. There will always be a market for Nintendo's biggest franchise games. Games like the Mario Bros games and Mega Man will always hold a premium, because everyone knows that they are good. It is like how there is always going to be a market for the music of the Beatles. The eventual downturn is going to hit games that are only expensive because of their relative rarity. Things like Panic Restaurant. Nobody who is getting their fill of classic games via the Virtual Console is hankering to get a title like that at several hundred dollars. I mean, I doubt it will ever be a $20 title again, but I doubt that it will remain a $300-$400 game. To keep with the 60s music analogies, these kind of games will be like the Yardbirds - a relatively popular band at the time with a mixed bag of a catalogue that is really only of interest to a select few people who grew up in the era and are nostalgic, or hardcore music nerds. I mean, I am a huge music nerd (I own hundreds of CDs), and I can't say I would go out of my way to get a Yardbirds album, because half the stuff they did was pretty crap. Panic Restaurant is like that.
Complete and sealed collecting is a different beast altogether. I'd say that sealed gaming is pretty niche, and I doubt that there are ever going to be a lot of people into that. The ones that are, are obviously willing to throw a lot of money. I'd say that boxes and manual collecting is far trickier, as it is much easier to make a fake box and manual than a cart. Yes, for the truly uncommon games, complete copies of the game are going to go for a lot of money. I think you will see a disconnect in the market. I'm willing to bet if you looked at Atari 2600 games, the prices for boxed games has continued to go up, while cart-only prices has stayed relatively stable during the past 10 years.
Like any bubble economy, there are lots of people who will deny that the Nintendo classic collectors market will stagnate. There are people who thought the dot-com bubble would never burst, or that housing prices would continue going up at double digit per annum growth rates before the 2008 crash happened. When people are all-in on an investment, it is a psychological defence to justify your choice. I personally think that treating video games as an investment is foolish. Once prices stop going up, and I guarantee that is inevitable, these people are going to get hit hard. This is capitalism 101, prices only increase when there is sustained growth. There is a finite amount of people who are nostalgic for these systems.