Video game sales of physical media and used game markets are at an all time high. Is this a trend that is here it stay or will we see sales cool down? In this video I give you my thoughts about it. What are yours? Comment below and thank you for watching!
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I think it’s mainly due to the stimulus checks and unemployment drawn by people last year who really didn’t need it.
I came across a mint copy of Illbleed for Dreamcast about 3 years ago for $130 on eBay. Now it’s going for $400-$450. I’ve noticed a similar trend with many games.
Buy my games I'm selling!
I work inside you. Well the building with the same name as you lol.
Gotta get that sealed Snatcher you have Graded Mr. Hancock. That would be a good one. ;$
I'm 41 and I just got a Turbo Duo R with a mod to play Japan and USA games and it's awesome! I never had the Turbo Grafx as a kid but always wanted one.
I gave up buying games because of the prices. Prefer the everdrive and disc mods toute nowadays
I love the Sega Genesis and some Snes games but Nintendo never really spoke to me personally but like I said they got some great games just not like Sega did.
I hope it stays around for a while. That means I can make some good money selling all of these old games that I don't need. Not much point in having 9 copies of Asteroids on the Atari 2600 in my game room. 1 should be enough. 😛
As for stimulus payments being used on games… I've only spent about $22 of that on old games. The rest has gone to savings, investments, paying bills and buying tools.
I've been following prices for 3 years on my channel and this is the most volatile they've ever been. Some goober tried to tell me that I was out of line that no one used stimulus checks to buy video games lol. I think the prices will come down in June – but some games that were undervalued prior to the spike will come down a bit but won't drop to pre-pandemic levels. I wish I could part with some of the games that are sky high right now so I could finally get Little Samson. But I don't feel like spending that much on the games.
Damn nice camera! Looks Good
In reality it's resellers, speculators and scalpers have artificially raised the price to make a profit. A loose NES game going for $60? I don't think so. I sold NES games for 50 cents because NOBODY wanted this old tech. Now all of a sudden lots of cartridges are rare(according to the seller but they are not) and selling for stupid prices. Now PS1 games are rising and it's ridiculous because discs were manufactured by the ton THEY ARE NOT RARE or SCARCE it's just what the seller says but it's a lie. That's why I got out of the retro collecting too stupid pricing. I hope for the majority of real gamers that the bubble bursts and goes back to realistic prices. Me I just became more of a horror movie collector. Interesting topic John!🤔
Nonstop post purchase money grabs by game companies, full price games sold incomplete, pay to win or progress, and over sized game data on undersized hard drives is all making retro gaming far more appealing today than it was 15-20 years ago……. The demand for full and complete works of art is going to keep going up…
A good, well-rounded discussion. One missing point is that social media has highlighted a lot of retro games that people weren’t familiar with before. There are several games I’ve bought because I saw someone showcasing them on YouTube. I blame my Atari 5200 on you, by the way. 😉
Great video, very informative, keep doing what you're doing John!
The emulation scene has blown up this past year. Handheld emulation is going nuts too.
Yes and only stupid people will pay it.
what i dislike is the youtube becoming a television where the "creators of content" makes a living from propaganda, i don't find it ethical, and the answer for that is hacking accounts.
I've for one haven't boughten much in terms of gaming software & or hardware because of ridiculous costs of gaming in general.
Game prices are going to cool around summer of next year when we somewhat go back to a new normal.
I agree, at some point in time games will start to come down in price. I also think some game might even hold their prices for a while due to this. I hate to say it but the market did explode last year. The demand definitely out weighs the quantity available to people out their. Even with new stuff. It’s just very difficult currently to keep up with the demand. As time goes on and people can start living their normal lives again. It will take a slow decline in interest and when I mean slow. I mean really slow. A lot of people got into gaming last year for the first time and finally saw what they are missing out on and like it. So now, the audience is bigger than ever. It’ll take a while for prices to come down on retro. At least that’s how I see it. The emulation market and modding is gonna be a more affordable path for a while at least in my eyes. As much as I don’t wana say that.
Great video, John. I had recently re-purchased a Gamecube with the Gameboy adapter. I'm glad I bought it when I did, because the price has almost tripled since I bought it.
A never wavering upward trend is not reasonable. Will there be a correction? I think some games will suffer, but there are those that will ride it out. I don't collect, but I like reading about games that sell for ridiculous amounts. Thanks for the content, JH.
The market is going to correct itself, but you're going to see the actual games in high demand either slightly dip or hold value, while the whole market continues to go up after the correction. It's kind of the nature of our economy right now, unless there's a huge crash, the only thing that will bring demand down is losing the nostalgia people had for these systems/games. Happened to Atari 20 years ago, but those games are primitive and was a pure speculative bubble. A lot of the games skyrocketing now are competent/complex games that were experimental at the time and introduced us to the modern era of games. It's going to be interesting to see what happens.
With Xbox and Sony trying to move more towards no disc console, to increase digital sales and to make consoles cheaper, there will be a point where there wont be anymore physical games made in the future. At that time, i imagine retro game nostalgia will spike retro sales again after the stagnant/cooling period.
I don’t think the market will crash but I think the price increase will slow down eventually. I don’t think prices will decrease either, I reckon for some consoles and some games they reach their peak and then kinda stay at a consistent price
Everything is inflated. No different.
We've talked briefly about this, but I agree: there's a cool down coming. I think folks being stuck at home with the benefit of the three stimulus payments has led to people spending that disposable income on games online, and that's less to the rising prices. I think once we get conventions moving again later this year with some regularity, theaters open, and sports seating capacities increase, we'll start to see prices level out a bit more.
Excellent video, as always!
I used to not want sealed games in stock cause the sales where far a few between when compared to CIB copies yes I had some in the past but now I have stocked up more sealed games and doing better just recently I bought out a collection of sealed games which is something I thought I would never said but never say never as far as my sales I have done so much better then I have pre pandemic but also a lot harder to keep up with my stock compared to pre pandemic
If you wait you will find your game… Dont ever ever ever jump at the first offer you see.. if you gotta wait 3 years , 9 years so be it…. trust me if you know where games are you will eventually find a better deal..i picked up a copy of klonoa in the seal a couple of years ago in a handmedown book store unfortunatly it was my currency for a xbox one that my daughter spilled caprisun into…Your gonna start seeing more games sold online though now that many retro stores especially in the south have closed down… problem with these stores is that they are on highways in rural areas that noone stops at..
I know what i want to pay , if it exceeds that on ebay i walk away. The market will remain high as long as people keep paying the going rate.
I don’t mean this as rude as it’s prolly gonna sound. I really like you John but you’ve been saying the same thing for years. Ever since I’ve started watching you and it’s been wrong everytime. As far back as I can remember, you were saying prices would come down. The bubble would burst and whatnot. And again, I’m just respectfully disagreeing. Obviously nobody can predict the future but I don’t think the prices will go down. Definitely not anytime soon. I think if you look at trends over the years, overall it’s done nothing but increase. I will agree on the point that prices have gotten insane tho. No doubt about that. Anyways, I’d much rather have a real conversation about this with you but just wanted to drop a comment. Much love John
I stopped collecting retro games years ago and switched to vintage and rare video game plush toys (equal nostalgia, easier to get). Now the toys are also shooting up in value though! I agree John, it’s hard to predict what’s next at this point.
Well i hope my ps2 copy of Silent Hill 2 keeps inflating in value. Its already worth 110 bucks. Not bad considering i only paid 20 bucks for it 13 years ago.
I don't think many of the horror games that have gone up over the last year and a half will drop, and some could even go higher. I also think that the rarer RPGs will climb some more as well. The more common games that have gone up should drop back down as the extra money gets spent, and people that bought the games move on since the lockdowns are ending. I also don't see these crazy WATA games holding that value at all.
the market has been a slow boil since 2012 or so – now things are crazier than ever.
remember to focus on your favorites
flashcarts, burned discs, and ODE systems
also recommend snagging hyperkin controllers
I don't know what you did to your lighting and maybe a camera change, but this video looked very nice compared to your last ones. 🙂 Keep it up buddy!
And yeah I have a small games collection but I put it all into pricecharting and was surprized how much my collection was worth market value.
I have to disagree with you on two points. Sports and movies were not ruined by the china flu (although it did show impact) I believe it was the politics involved that they were trying to indoctrinate to us. I quit playing, and buying C.O.D. because of their blm bs. Videogames are a place where we can get away from the everyday world. Sports and movies used to be that way too.
I bought magic Knight Rayearth for 500 dollars on ebay when the first stimulus check came last year. Go look what it costs on there now.
I was gonna start a Super Nintendo collection but the prices really turned me away… I bought a few then decided it’s not worth it (at least at the moment). I wasn’t going for all complete in box. Just some and some loose cartridges. I guess the SNES mini is gonna have to be enough for me until I win the lottery 😂
Been looking at buying koudelka on ps1 for over a year or so it was like 100 dollars at the start of 2020 but I wanted to get a good deal on it so I kept waiting now it's going for 400+. So I won't be getting it anytime soon. But it's not just games going up cards comics toys all going up. I work in car sales and they are up higher then ever.
I do not have the biggest game collection, but I have so many Dreamcast games that are going for ridiculous asking prices(Cannon Spike, Illbleed, Giga Wing 2, Project Justice, Marvel Vs Capcom 2, Ikaruga, and others).
Funny you mentioned this question. .. I just looked at Resident Evil Village. I'm not paying $94 AU for a game on the PC. Never have , Never will. $60 is my limit and it's worked for 35 years so far. I'll do the norm and wait for a steam sale and in the meantime play the other games that I spent 60 or less on. I just use everdrives on all my systems. NES, SNES, Lynx, Mega Drive 2 which also runs Master System games. It's a no brainer as far as I'm concerned. A real ROM on real hardware.
Great video John. I agree with the cooldown. But on stuff that was already trending up, I think we will see like a 10-15% drop off on things like Saturn heavies, etc. Sadly, I am Already seeing friends and other collectors having to sell things off to pay bills and I think stuff like that will continue to happen as stimulus or other benefits go away. I also think common games that have risen will lower dramatically because as you said, less people will be collecting and playing, due to other avenues of entertainment opening back up.
I think I started my Mega Drive and Master System collection in the wrong year, namely 2020.
Bought many games that I guess were cheaper the years prior and are declining in price again because the following two generations are more in demand now.