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Giant video game collection for sale

Discussion in 'All Other Games' started by civvver, Jun 10, 2014.

  1. civvver

    civvver Deity

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  2. warpus

    warpus In pork I trust

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    I'd buy it, but then I'd be like.. "Okay.. which game do I play? I don't know anything I want to play"
     
  3. civvver

    civvver Deity

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    A lot of the games are factory sealed. You don't play them, you collect them!
     
  4. Darth Caesar

    Darth Caesar Might be a Wizard

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    That sounds overwhelming. The task of organizing that sounds fun though.
     
  5. GoodGame

    GoodGame Red, White, & Blue, baby!

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    If you go to the actual auction page, he totally beat the stock market: http://www.gamegavel.com/item.cgi?show_item=958029

    If I read the article correctly, he invested about $3K per year invested over roughly 30 years ($90K investment), and so far is going to net about $690K for that hobby.

    $690K / 90K = 766% return. The stock market historical average is something like 10 to 14 %.
     
  6. Maniacal

    Maniacal the green Napoleon

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    So it would probably be cheaper to just buy the games on their own then...
     
  7. civvver

    civvver Deity

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    Historical average per year for stock market is not 10-14, it's like 8% but if you look at s&p index from jan 1984 to now it went from ~160 to 1936. 12.1x your money, about an 8.6% return yearly (take 1.086 ^ 30 and you get roughly 12.1). So stock market would've edged out his video game collection by quite a bit.

    However that's not always the case, if you had bought s&p at the peak in 2000 around 1500, you'd only be up like 30% or like 2% a year. So timing has a ton to do with it.
     
  8. haroon

    haroon Deity

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    some of the games may already hard or impossible to get. What I know some of the rare video games one of them can cost like $100 per piece.

    And now the last bidder is peeps_10091970 with $750250.00 bid.

    From the bidding history: http://www.gamegavel.com/bid_history.cgi?show_history=0000958029

    it seem the only opponent of his bid is catch123 and both seems doesn't have any buying or selling history, I worry if it is a scam, because they way their bidding seems they are playing around especially peeps_10091970 by keep adding $250 to whatever the highest bid bidding and I hope it is not a scam.
     
  9. Kyriakos

    Kyriakos Alien spiral maker

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    “I have over 11,000 individual and unique games, and growing. I purchase on average about two games a day. I keep to a regimented budget and have limited myself to approximately $3,000 a year for the past 20 years,”

    :rolleyes:
     
  10. schlaufuchs

    schlaufuchs La Femme Moderne

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    Also you aren't accounting for inflation. $3000 in 1984 was worth about $6900 in today's terms.
     
  11. FriendlyFire

    FriendlyFire Codex WMDicanious

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    Mexican games with no battery to save !!!! :p
    Iam pretty sure most games are money losing prospects, look at collectors edition, they decrease in value over time. Some of the older very rare vintage games would increase value.
     

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