Retro game collecting has become increasingly popular in recent years, with enthusiasts scouring the internet and local shops for classic titles from decades past. However, the question remains: is retro game collecting a viable long-term investment?
I was actually feeling that nostalgic itch after being suggested a bunch of Super Nintendo play-through videos on Facebook. Then it wasn’t much longer before Facebook was actually suggesting to me SNES consoles for sale in my area! Weird, I know, but somehow they know through the use of cookies I suppose. Anyhow, I ended up re-buying my all time favorite childhood console. I only have 3 games as of now but…. talk about blast from the past. Anyways, back to the article.
While some may argue that retro game collecting is simply a hobby and not a true investment, others believe that the value of these classic games will only continue to rise over time. Understanding the factors that contribute to a game’s value, such as rarity, condition, and demand, can help collectors make informed decisions about which titles to invest in.
Despite the potential for high returns, there are also challenges to retro game collecting, such as counterfeits, fluctuating market prices, and the difficulty of finding certain titles in good condition. Whether retro game collecting is a viable long-term investment depends on various factors, including market trends, the rarity of the games, and the individual collector’s expertise and dedication.
Key Takeaways
- Investment Potential: Retro game collecting can be a viable long-term investment, influenced by rarity, condition, and nostalgia, with a sealed copy of Super Mario Bros. selling for $2 million in 2021.
- Challenges in Collecting: Collectors face challenges like authenticity verification, proper storage, and competition from digital copies and emulation.
- Collector Success Stories: Notable collectors like Darren Johnson and The Immortal John Hancock have built impressive collections through extensive knowledge and dedication, underscoring the hobby’s potential rewards.
- The Rise of Retro Game Collecting
Retro game collecting has been on the rise in recent years, with many individuals and communities showing a renewed interest in vintage games. This trend can be attributed to several factors, including nostalgia, the desire to own physical copies of classic games, and the growing popularity of retro gaming.
Many game collectors are drawn to the nostalgia associated with vintage games. These collectors often seek out games they played as children or teenagers, hoping to relive fond memories and recapture the excitement they felt when they first played these games. For many, the act of collecting retro games is as much about the memories and emotions associated with them as it is about the games themselves.
In addition to nostalgia, many collectors are drawn to the idea of owning physical copies of classic games. Unlike digital downloads, physical copies of games can be held, displayed, and shared with others. Collectors may also appreciate the artwork and packaging associated with vintage games, which can add to the overall value and appeal of a collection.
The growing popularity of retro gaming has also contributed to the rise of retro game collecting. As more people become interested in classic games, the demand for physical copies increases, driving up prices and making it more difficult to find certain titles. This has led to a thriving community of game collectors who share tips, advice, and information about rare and valuable games.
Retro game collecting has become a viable long-term investment for many individuals. As the popularity of vintage games continues to grow, the value of rare and sought-after titles is likely to increase. However, collectors should be aware that the value of retro games can be volatile, and there is always a risk of losing money on an investment.
Understanding the Value of Retro Games
When it comes to investing in retro games, there are several factors to consider that can affect their value. Here are some key factors to keep in mind:
Rarity and Condition
Rarity and condition are two of the most important factors that determine the value of a retro game. The rarer a game is, the more valuable it typically is, especially if it is in good condition. Games that are still sealed in their original packaging (known as “sealed games”) are often the most valuable, as they are the rarest and most difficult to find.
Popular and Classic Titles
The popularity of a game can also affect its value. Games that were popular when they were first released, or that have become classics over time, are often more valuable than games that were less popular or less well-known. Classic games like Super Mario Bros., The Legend of Zelda, and Final Fantasy are always in high demand and tend to hold their value well.
Nostalgia and Demand
Nostalgia and demand are also important factors to consider when investing in retro games. Games that were popular during a particular era or that have a strong nostalgic appeal can be very valuable, even if they were not particularly rare or popular when they were first released. Demand for certain games can also fluctuate over time, depending on factors like the release of new games or the popularity of particular consoles.
Investing in retro games can be a viable long-term investment, but it is important to do your research and carefully consider the value of each game before making a purchase. Keep in mind that prices can fluctuate over time, and that the value of a game can depend on a variety of factors, including rarity, condition, title, popularity, and demand. The most expensive video game ever sold was a sealed copy of Super Mario Bros. that sold for $2 million in 2021, highlighting the potential value of rare and popular games.
Places to Source Retro Games
There are several places where retro game collectors can source their games, including online marketplaces, flea markets and garage sales, and auctions. Each of these sources has its own advantages and disadvantages, and collectors should consider which option is best for their needs.
Online Marketplaces
Online marketplaces such as eBay are a popular source for retro games. These platforms offer a wide range of games from different eras and consoles, making it easy to find the specific game a collector is looking for. However, prices can vary widely, and collectors should be cautious of sellers who may be selling counterfeit or damaged games.
Flea Markets and Garage Sales
Flea markets and garage sales are also popular sources for retro games. These venues often offer games at lower prices than online marketplaces, and collectors may be able to negotiate prices with sellers. However, the selection may be limited, and collectors should be prepared to spend time searching for the games they want.
Auctions
Auctions, such as those held by Heritage Auctions, can be a good source for rare and valuable games. These auctions may offer games that are difficult to find elsewhere, and collectors may be able to purchase games at a lower price than they would on an online marketplace. However, auctions can be competitive, and collectors should be prepared to bid against other buyers.
Collectors should consider their budget, the specific games they are looking for, and the level of competition when choosing where to source their retro games. By carefully considering their options, collectors can build a valuable and enjoyable retro game collection.
Investment Potential of Retro Games
Historical Sales Records
Retro games have been increasing in value over the years, with some rare titles fetching millions of dollars at auction. According to Financial Times, a sealed copy of Super Mario Bros. sold for an insane $2 million in 2021, making it the most expensive video game ever sold. This trend is not limited to a few high-profile sales, as the market for retro games has been growing steadily over the past few years.
Investors have been taking notice of the increasing value of retro games, with some even creating investment funds specifically for game investment. Rally Rd., a platform that allows investors to buy and sell shares in collectible assets, recently launched a fund that focuses on video games. This shows that the financial world is starting to recognize the investment potential of retro games.
Future Projections
The global market for retro games is expected to continue growing in the future. As more people become interested in gaming history, the demand for rare and collectible games will increase. This could lead to even higher prices for rare titles, making them a potentially lucrative investment.
However, it is important to note that investing in retro games is not without risks. The market for retro games is relatively small and can be volatile, with prices fluctuating based on supply and demand. Additionally, the value of retro games is largely dependent on their condition, with even small damages or imperfections significantly decreasing their value.
While retro game collecting can be a fun hobby, investors should approach it with caution and do their research before making any financial decisions.
Challenges in Retro Game Collecting
Authenticity and Trust
One of the biggest challenges in retro game collecting is ensuring the authenticity of the games. With the increase in demand for retro games, there has been a rise in counterfeit games. It is important to research and identify reputable sellers before making a purchase. A good way to do this is to check the seller’s rating and reviews from previous customers. Additionally, it is essential to verify the authenticity of the game by checking its label, manual, and cartridge.
Storage and Display
Another challenge in retro game collecting is finding proper storage and display options. Retro games require specific storage conditions to prevent damage and preserve their value. It is recommended to store the games in a cool, dry place, away from direct sunlight. Additionally, it is important to keep the games organized and labeled to avoid misplacing or damaging them. Displaying retro games can also be a challenge, as they require specific shelving and lighting to showcase their value and appeal.
Emulation and Digital Copies
The rise of emulation and digital copies has also presented a challenge for retro game collectors. While emulation and digital copies provide a convenient and cost-effective way to play retro games, they lack the authenticity and value of physical copies. Additionally, the legality of emulation and digital copies is a gray area, with some games being protected by copyright laws. Retro game collectors should consider the legal and ethical implications of using emulation and digital copies before making a purchase decision.
Retro game collecting presents various challenges that require research, cost, trust, storage, display, digital, and emulation considerations. Retro game collectors should be aware of these challenges and take necessary precautions to ensure the authenticity and preservation of their collections.
Case Studies of Successful Game Collectors
Successful game collectors have been able to amass impressive collections of rare and valuable games, often through a combination of knowledge, patience, and persistence. Here are a few examples of collectors who have achieved success in this field:
- Darren Johnson: Johnson is a collector who is known for his impressive collection of Nintendo World Championships 1990 cartridges. He currently holds the record for owning the most copies of this rare game, with a total of nine. Johnson has been collecting games for over 20 years and has built up an extensive knowledge of the gaming industry and its history.
- The Immortal John Hancock: Hancock is a well-known collector who has built up an impressive collection of over 11,000 games. He has been collecting for over 30 years and is known for his expertise in the field of game collecting. Hancock has also set several world records for his collection, including the largest collection of Sega Master System games.
- Rachel Simone Weil: Weil is a game collector and historian who has written extensively about the history of gaming. She is known for her collection of rare and unusual games, including several that were never released to the public. Weil has also set several records for her collection, including the largest collection of Atari 2600 games.
These collectors demonstrate that with knowledge, patience, and persistence, it is possible to build up an impressive collection of rare and valuable games. However, it is important to note that success in game collecting is not guaranteed, and that it is important to approach the hobby with realistic expectations.
Summary
Retro game collecting can be a viable long-term investment for those who are passionate about gaming and have the resources to invest in the hobby. While some games, such as Stadium Events and certain NES cartridges, have sold for exorbitant prices, it is important to note that these are rare exceptions rather than the norm.
Supply and demand play a significant role in the value of vintage video games and video game consoles. As more gamers become interested in collecting games from their childhood, the demand for these physical games increases. However, the supply of these games is limited, as they are no longer in circulation and are often difficult to find in good condition.
Nintendo remains a popular brand for collectors, with games such as Super Mario Bros., The Legend of Zelda, and Super Mario 64 being highly sought after. However, Atari and Sega Genesis games also have a niche following.
It is important to note that while retro game collecting can be a passion and a hobby, it should not be relied upon as a sole investment strategy. The gaming industry is constantly evolving, and as technology advances, physical games may become less valuable. Additionally, the value of video game shares may be affected by factors outside of the gaming industry.
So while retro game collecting offers the thrill of nostalgia and the potential for significant returns, especially for rare and iconic titles like the $2 million Super Mario Bros. copy, it should not be solely relied upon as a long-term investment strategy due to the market’s volatility and the evolving nature of gaming technology. As a hobby though, it’s definitely a fun side-investment!