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Should I sell Stadium Events for $2000?

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Nov 3, 2009 at 6:19:16 PM
superNESman (102)
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(Deniz "Alpo The Great" Kahn) < Bowser >
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You can sell in 2-3 years publicly and probably get 2000. You can sell now publicly and get 12-1500. You can sell in 5 years and get 2500? (Total guess). You will get the highest price ever on a SE, publicly I believe (After Erik's 1800), so I would probably sell if I were you seeing that the last few went closer around 1,000. On the other hand, those were around the time when the economy was terrible and everyone was worried about money. Eventually SE's will hit 2K, but not for awhile.

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Edited: 11/03/2009 at 06:19 PM by superNESman

Nov 3, 2009 at 11:37:23 PM
smokinjoe24 (147)
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(P Fen) < Bowser >
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To me, its a no-brainer...sell that bad boy. I bet the next open auction one does not hit $1500. I also think the game has hit its max price and will not go up anymore. $1500-$1600 is the most it is going to be worth. If one ends higher, its because 2 bidders both wanted it, one won it, and the second highest bidder wins the next one for over $100 cheaper.

Nov 4, 2009 at 12:31:58 AM
tacolinowest (11)
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(john t) < El Ripper >
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i must have one!

Nov 4, 2009 at 1:06:45 AM
randomhajile (60)
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(Sean Daigle) < Eggplant Wizard >
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Ok, well it is officially sold. I was wire transfered the money this morning and sent the cart overnight registered mail in the afternoon. In all, I think I'm fine with it as I didn't have a specific attachment to it outside of it being really rare. There are other valuable things I have that would probably hurt my heart to sell (autographed jimi hendrix album, autographed power glove, various comics) much more than this did. So I'm ok with it.

Also for the record I bought it for $2.99 at Funcoland wayyyyyyyy back in 1999. It was priced as being "Track and Field". When I bought it I had no idea it was so rare though. I was just like "hey, I don't have this and it's cheap".

I also distinctly remember seeing Flintstones 2 many times there for under $10 (which I did not buy, because I was a cheapskate). Gamestop was so much better when it was Funcoland, let me tell ya.



Nov 4, 2009 at 7:28:43 AM
dangevin (219)
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(Dan Langevin) < Wiz's Mom >
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Congrats, Sean. Great markup you got there

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Nov 4, 2009 at 8:12:54 AM
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jonebone (554)
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It is ironic that since this $2k sale has now been publicized, the next person to sell theirs might want 2k also. If this went under the radar, then the community would have been none the wiser. But whenever a legit "over-market" value is known, people want to keep pushing the envelope.

We know the last NWC Gold sold around 17.5k (I think?) and it was $25k OBO. If we get one to sell at $20k+, maybe you'll see one show up at $30k OBO.

-------------------------
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Nov 4, 2009 at 8:47:20 AM
pats1717 (894)
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< Wiz's Mom >
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Marks sale is also screwed up by the quick relist (the guy bought it and his wife was going to kill him) and a few people agreeing not to bid, cause a 1000 SE is in my range


Nov 4, 2009 at 9:11:37 AM
arch_8ngel (68)
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(Nathan ?) < Mario >
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Jonas - I don't think you can relate cart-only SE to NWC Gold in terms of market dynamics. Sealed/CIB SE, sure...but not cart only. Cart only, it seems like quite a few of the sales are "new" ones coming to market, continually increasing the known supply. NWC Gold...not so much.

Also, refer again to Erik's previous purchase/sale to see that one person can't pull up SE's price by the bootstraps.

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Nov 4, 2009 at 9:24:18 AM
VGS_MrMark0673 (455)
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(Mark Nolan) < Master Higgins >
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Originally posted by: pats1717

Marks sale is also screwed up by the quick relist (the guy bought it and his wife was going to kill him) and a few people agreeing not to bid, cause a 1000 SE is in my range



Also, my seller only had 1 feedback, which effected the end price (I assume) as well.

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Nov 4, 2009 at 10:14:31 AM
Bronty (65)
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(Dan M) < Bonk >
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Originally posted by: randomhajile

Ok, well it is officially sold. I was wire transfered the money this morning and sent the cart overnight registered mail in the afternoon. In all, I think I'm fine with it as I didn't have a specific attachment to it outside of it being really rare. There are other valuable things I have that would probably hurt my heart to sell (autographed jimi hendrix album, autographed power glove, various comics) much more than this did. So I'm ok with it.

Also for the record I bought it for $2.99 at Funcoland wayyyyyyyy back in 1999. It was priced as being "Track and Field". When I bought it I had no idea it was so rare though. I was just like "hey, I don't have this and it's cheap".

I also distinctly remember seeing Flintstones 2 many times there for under $10 (which I did not buy, because I was a cheapskate). Gamestop was so much better when it was Funcoland, let me tell ya.


congrats



-------------------------

WTB Cdn sealed black boxes, sealed Cdn first party titles.    I.e. the "mattel" Cdn boxes with both french and english.   Mainly black boxes, zelda, link, and tyson, but let me know what you have.    I am interested in anything I don't already have!


Nov 4, 2009 at 10:15:00 AM
Bronty (65)
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(Dan M) < Bonk >
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Originally posted by: jonebone

It is ironic that since this $2k sale has now been publicized, the next person to sell theirs might want 2k also. If this went under the radar, then the community would have been none the wiser. But whenever a legit "over-market" value is known, people want to keep pushing the envelope.

We know the last NWC Gold sold around 17.5k (I think?) and it was $25k OBO. If we get one to sell at $20k+, maybe you'll see one show up at $30k OBO.

exactly

-------------------------

WTB Cdn sealed black boxes, sealed Cdn first party titles.    I.e. the "mattel" Cdn boxes with both french and english.   Mainly black boxes, zelda, link, and tyson, but let me know what you have.    I am interested in anything I don't already have!


Nov 4, 2009 at 10:17:34 AM
Bronty (65)
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(Dan M) < Bonk >
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Originally posted by: arch_8ngel

Jonas - I don't think you can relate cart-only SE to NWC Gold in terms of market dynamics. Sealed/CIB SE, sure...but not cart only. Cart only, it seems like quite a few of the sales are "new" ones coming to market, continually increasing the known supply. NWC Gold...not so much.

Also, refer again to Erik's previous purchase/sale to see that one person can't pull up SE's price by the bootstraps.

I think you can relate it a bit.  not as directly as sealed/cib for sure, but somewhat.


-------------------------

WTB Cdn sealed black boxes, sealed Cdn first party titles.    I.e. the "mattel" Cdn boxes with both french and english.   Mainly black boxes, zelda, link, and tyson, but let me know what you have.    I am interested in anything I don't already have!


Nov 4, 2009 at 10:25:11 AM
arch_8ngel (68)
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(Nathan ?) < Mario >
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It might relate loosely, but I think the difference in volume/availability is really significant.
When you KNOW something only exists in the teens, and are effectively ALL in collector's hands, versus something of truly unknown quantity (that we know can still pop up in the wild for $2 )...I just don't see how you can legitimately draw similarities between the market dynamics surrounding each of them.

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Nov 4, 2009 at 10:48:08 AM
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jonebone (554)
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Originally posted by: arch_8ngel

It might relate loosely, but I think the difference in volume/availability is really significant.
When you KNOW something only exists in the teens, and are effectively ALL in collector's hands, versus something of truly unknown quantity (that we know can still pop up in the wild for $2 )...I just don't see how you can legitimately draw similarities between the market dynamics surrounding each of them.

Because you are only thinking of the supply side and have completely ignored demand as an influencing factor in market value.

Average collectors don't have a chance of owning a NWC Gold in their wildest dreams.  Average collectors do have a chance to own an entire NTSC cart-only set, as several people on these boards have already done. 

Cart-only collectors outnumber sealed, and the sealed collectors outnumber the CIB guys.  As long as this trend continues, cart-only SE will always have solid value, though obviously it will not appreciate at nearly the same rate as NWC Gold (due to the supply side).

-------------------------
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Nov 4, 2009 at 10:57:23 AM
arch_8ngel (68)
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(Nathan ?) < Mario >
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I'm not ignoring demand at all. I believe there is an extremely limited pool of "average collectors" that would be willing to shell out over $1k for a single cartridge. And I see no evidence that the availability of cart-only copies is actually restricted enough that the small pool of people willing to pay the price won't be satisfied.

There is nothing about it that leads me to believe that a single, anomalous, $2k sale can pull up the price, since historic evidence is to the contrary. We'll see a small burst of available copies, as word gets around, and everyone who wants to bite between $1-$1.5k will be satisfied.

If you guys really believe this game to be a good deal in the neighborhood of $2k, why aren't you buying every copy that comes to market and flipping them later?

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Nov 4, 2009 at 10:59:55 AM
BeaglePuss (41)
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(Matt Nolan) < Bowser >
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Originally posted by: jonebone
Cart-only collectors outnumber sealed, and the sealed collectors outnumber the CIB guys. 

I hate to get completely off-topic, but is this a typo?  If it isn't, I'm a bit baffled.  I couldn't imagine that sealed collectors are anywhere near as abundant as CIB collectors.

Nov 4, 2009 at 11:17:08 AM
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jonebone (554)
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Originally posted by: arch_8ngel

I'm not ignoring demand at all. I believe there is an extremely limited pool of "average collectors" that would be willing to shell out over $1k for a single cartridge. And I see no evidence that the availability of cart-only copies is actually restricted enough that the small pool of people willing to pay the price won't be satisfied.

There is nothing about it that leads me to believe that a single, anomalous, $2k sale can pull up the price, since historic evidence is to the contrary. We'll see a small burst of available copies, as word gets around, and everyone who wants to bite between $1-$1.5k will be satisfied.

If you guys really believe this game to be a good deal in the neighborhood of $2k, why aren't you buying every copy that comes to market and flipping them later?

Did you catch this thread?  http://www.nintendoage.com/forum/...

There's at least 8 or 9 people down to their last 50 that need SE, though one or two state that they "Never plan on owning it."  I bet if some of those sit at the entire set minus SE long enough, they might cave and pick it up as well.

I'm not sure what your point is anymore.  I stated that the next one that pops up for sale could very well be around $2k based on this sale.  No where did I say that this was a "good deal" at $2k, as quite frankly I think it is stupid to buy anything at a record high.  Go ask someone who bought a house in 2005 for their opinion on the matter

An as an aside, inflation is going to go through the roof in the very near future and NES games are going to have to go up dramatically to gain any real value  (i.e. if you bought a game for $100 now, inflation goes up 5% next year and you sell it at $100, you actually lost $5 based on inflation alone).

Beagle - No typo, CIB is a dying breed.  Many people have converted from CIB to Sealed (Aaronshea, Langer, Braveheart, etc.) and any CIBs in their collection are just place-holders.  Not to mention the large influx of new sealed collectors to the market and the huge push VGA has in the hobby.  Many of the high end collectors are all about condition, and thus a sealed game without flaws is always superior to the MINTEST CIB there is...


-------------------------
WTB CIB MINT Games: NES - SNES - N64 - Sega Genesis - Turbografx 16
Last Beat: West of Loathing (Switch)
Now Playing: Overcooked 2 (Switch) / Spider-Man (PS4)
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Nov 4, 2009 at 11:20:26 AM
arch_8ngel (68)
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(Nathan ?) < Mario >
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I agree on the inflation point, definitely. Since wage inflation will probably severely lag real inflation, there is no reason to believe that truly discretionary items like collectibles will keep pace, at least over the short/medium term.

Of course, I sincerely hope that we're both wrong about that...

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Nov 4, 2009 at 11:25:54 AM
i2a2n2 (39)
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(Ian B.) < Kraid Killer >
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I'd DEFINATELY sell it right now. more so because of the one that was just discovered on the DP forum for dirt cheap. If I was the finder of it I'd be listing that one on ebay any day now.... but thats just me

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Nov 4, 2009 at 11:28:59 AM
BeaglePuss (41)
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(Matt Nolan) < Bowser >
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Originally posted by: jonebone

Beagle - No typo, CIB is a dying breed.  Many people have converted from CIB to Sealed (Aaronshea, Langer, Braveheart, etc.) and any CIBs in their collection are just place-holders.  Not to mention the large influx of new sealed collectors to the market and the huge push VGA has in the hobby.  Many of the high end collectors are all about condition, and thus a sealed game without flaws is always superior to the MINTEST CIB there is...


I agree that there has been a MASSIVE influx of sealed collectors lately, and that a sealed game undoubtedly beats out a CIB every time.  What I don't agree with is that there are more sealed collectors out there than CIB collectors.  In fact, I would guess there are 3-4 times as many CIB collectors than sealed collectors.

I agree with everything else you mention though.


Nov 4, 2009 at 11:30:14 AM
1upped (40)
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(A S) < El Ripper >
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Wow - a lot of good points in this thread - the only one that really stands out is the sealed collector vs. CIB collector - although in the past few years, there has been a large increase in sealed demand, I think that actual sealed collectors are outnumbered by CIB collectors by quite a large margin. I don't think you can really determine the numbers by this site alone because most of the members here are "hard core" collectors who like to share their collections with the community and also find games to add to their collections. I would use a game such as Super Mario 3 as a generic example. I would guess that the CIB examples of this game outnumber the sealed copies of this game about 10,000 to 1 maybe? And out of those 10,000, probably at least twenty percent of those are owned by collectors. So I somewhat agree that CIB is a dying breed to "hard core" collectors, simply because of the new challenge of sealed, I do not think that it is a dying breed overall. Sealed is way too expensive for most average gamer/collectors. Just my two cents ;P

~Am

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Nov 4, 2009 at 11:35:26 AM
superNESman (102)
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(Deniz "Alpo The Great" Kahn) < Bowser >
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Originally posted by: BeaglePuss

Originally posted by: jonebone

Beagle - No typo, CIB is a dying breed.  Many people have converted from CIB to Sealed (Aaronshea, Langer, Braveheart, etc.) and any CIBs in their collection are just place-holders.  Not to mention the large influx of new sealed collectors to the market and the huge push VGA has in the hobby.  Many of the high end collectors are all about condition, and thus a sealed game without flaws is always superior to the MINTEST CIB there is...


I agree that there has been a MASSIVE influx of sealed collectors lately, and that a sealed game undoubtedly beats out a CIB every time.  What I don't agree with is that there are more sealed collectors out there than CIB collectors.  In fact, I would guess there are 3-4 times as many CIB collectors than sealed collectors.

I agree with everything else you mention though.


I too thought it was a typo.  Jone, I too am almost sure that there are not as many Sealed as CIB's...yet at least. A few people have converted, and I agree that there ARE lots of people who are in it because of VGA (even though the best condition CIB games could suffice for some people, Like Frisbee), but it still is definitely not more than the amount of CIB collectors.


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Nov 4, 2009 at 11:37:47 AM
Bronty (65)
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(Dan M) < Bonk >
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Originally posted by: BeaglePuss

Originally posted by: jonebone

Beagle - No typo, CIB is a dying breed.  Many people have converted from CIB to Sealed (Aaronshea, Langer, Braveheart, etc.) and any CIBs in their collection are just place-holders.  Not to mention the large influx of new sealed collectors to the market and the huge push VGA has in the hobby.  Many of the high end collectors are all about condition, and thus a sealed game without flaws is always superior to the MINTEST CIB there is...


I agree that there has been a MASSIVE influx of sealed collectors lately, and that a sealed game undoubtedly beats out a CIB every time.  What I don't agree with is that there are more sealed collectors out there than CIB collectors.  In fact, I would guess there are 3-4 times as many CIB collectors than sealed collectors.

I agree with everything else you mention though.



well its about time everyone else figured they should collect sealed    Seriously though I agree on both points except to say I bet the number is quite a bit higher than 3 or 4 to 1.   If we're talking people on this board, or dollars spent, maybe its a different analysis but there are probably so many cib collectors that aren't on this site or even online much.   sealed guys have to be online because there is no way you could just collect that in the wild

-------------------------

WTB Cdn sealed black boxes, sealed Cdn first party titles.    I.e. the "mattel" Cdn boxes with both french and english.   Mainly black boxes, zelda, link, and tyson, but let me know what you have.    I am interested in anything I don't already have!



Edited: 11/04/2009 at 11:38 AM by Bronty

Nov 4, 2009 at 11:41:23 AM
arch_8ngel (68)
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(Nathan ?) < Mario >
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It may be true that moving forward, as the "nostalgia/gamer collectors" dissipate from the hobby and video game collecting transitions to "serious" collectors (like those in rare comics/baseball cards), then you'll see a considerable rise in sealed collecting, and a probable fall in collecting "used" copies of any form. I think that day is a few years out, though.

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Nov 4, 2009 at 11:42:47 AM
tuxedocivic (94)
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(Ryan Bouma) < Ridley Wrangler >
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Originally posted by: BeaglePuss

Originally posted by: jonebone

Beagle - No typo, CIB is a dying breed.  Many people have converted from CIB to Sealed (Aaronshea, Langer, Braveheart, etc.) and any CIBs in their collection are just place-holders.  Not to mention the large influx of new sealed collectors to the market and the huge push VGA has in the hobby.  Many of the high end collectors are all about condition, and thus a sealed game without flaws is always superior to the MINTEST CIB there is...


I agree that there has been a MASSIVE influx of sealed collectors lately, and that a sealed game undoubtedly beats out a CIB every time.  What I don't agree with is that there are more sealed collectors out there than CIB collectors.  In fact, I would guess there are 3-4 times as many CIB collectors than sealed collectors.

I agree with everything else you mention though.


Well lets find out: http://www.nintendoage.com/forum/messageview.cfm?catid=5&...