I have a collection of around 30 N64 games, and 30 Gamecube games which are all valuable first party games in PAL (paper mario n64, smash bros etc) . I got them super cheap at carboot sales years ago.
I valued them all at around $2200 last i looked. Realistic are they ever going much higher than now? Shall i wait another 20 years to sell or not.
What are carboot sales?
Depends where the 2.2k will go
Hold on to them. Today's boomers will be buying them at auction houses in 30 years time
Garage sale, im a bong.
Link or index funds
Honestly, the retro games market is over priced right now. N64 might have a couple years left at these prices, but they will crash.
Yeah... i looked at SNES and NES games and they haven’t really gone up. Assuming boomers will be older and richer in 15-20 years being the argument for higher prices... why didnt snes and nes go up just as much? There is a generation of about that many years between n64 and GC and the nes
why would they go down? it's not produced anymore and time can only destroy more and more day after day
keep the manual and ads in it it has value too
Not really.
They can be overvalued.
I’d put the money into Link mostly. Tough call
Game prices go up because of nostalgia, you are correct. Nes came out in 1985 and was discontinued in 1995 (for north America at least, but I'm going to use na as its the easiest way to explain. Same idea applies to other regions, though).
So if it was active between 85-95, the people who enjoyed it as kids were born in the mid-late 70s. There are a few exceptions like poor families that couldnt buy current gen so they got there kid last gen, but thats the time frame on the original audience. If you were born in 75, youd be 40ish when the retro market picked up again. So your target audience is between 30-40. They grew up, got jobs, had kids, and want a bit of nostalgia. Maybe something to show their kids that they enjoyed when they were younger. There was a resurgence id say in late 2000s-now. In 2006, nobody gave a shit about nes except the hardcore fans. But somewhere around 2010 is when it happened. Give or take a few years.
That market happened. It's pretty much over now. Most of that wasnt hardcore collectors anyway. They wanted the big games. Mario, contra, duck hunt, the stuff they grew up with. That's why the price on those games stayed stable and relatively high compared to others. A retro shop can hold onto contra and someone will buy it for $20. Doesn't matter that it had a large print run and should technically be cheaper. People want it. If you have an nes with a few games just for fun it has to be one of them. But nobody cares about the uncommons or rares. Those will be the first to crash. The only games that will survive and only increase in value are the super rare games. Like NWC.
Now for n64, it came out in 96. The same inflated market is happening now. Roughly 10 years after nes which came out in 85. And the nes boom happened in 2010. It's about 10 years later now. Nes and Snes isn't growing anymore because people who grew up on n64 for the most part didn't play those consoles. They don't really care about what came b4.
I have an attic full of shit from coleco vision, atari, nes, snes, neo geo, game gear, turbo grafix16. All just in boxes. I assume plenty more people like me out there who kept them but don't really care.
There is a huge supply of old games and consoles because every kid who was anyone had one.
Sell it and invest it in things with a history of returns.