Originally posted by: ne$_pimp
Originally posted by: jonebone
I have declined two offers above $1k dating back to summer 2014. I'm also not sure if you can name any N64 rarity that is at the same level of pricing as it was in 2012.
The copy you purchased was a few months ago which you stated was at open auction and you where not bid up, which I would think means these two buyers are either not actively searching or found their copy. It is a possibilty that they did not see the auction but one would think anyone looking to drop that kinda coin would be more intune.
I'm sure OP will get $600+ provide they do sell, but until one does sell, I think a fair quote would be $600 which is the current trend.
I am not questioning the integrity of your posts bone, I'm sure you have had offers, and I am aware of this test cartridges rarety.
On rare items there will always be a buyer at some point. You typically hold a rare item until that buyer comes along. At any given auction there can be restrictions, such as no international bidding, a 24 hour auction that went quick, etc. It wasn't posted on NA either, and if it were, I'm sure it would have gone significantly higher.
Auction value typically acts as a floor to pricing, BIN is the ceiling, and real value is somewhere between the two. It's hard to say an auction is what them item is worth when no one has any idea of what my max bid could have been.
It wasn't just any test cart either, it was the first public auction I had ever seen on a Rev B cart period.