Earthbound....

[Hazerd]

I know where i can get a cart in good condition for $120, might have to jump at it now.

[BoneSnapDeez]

Buy it now. Cart only will be worth $250 by mid-2013.

[MrPopo]

Definitely buy it now if you want it. The supply keeps dwindling. I hear there might be someone on this very forum who is looking to sell his copy.

[prfsnl_gmr]

The price is not going to come down.

This is what people said about real estate in 2005 and internet stocks in 1999.

The recent rapid increase in the price of certain NES and SNES games appears to be the result of a speculative bubble. If you have a copy of one of these games, then you should consider selling now while prices are high. If not, you should wait a few years before seeking to purchase a copy.

[AppleQueso]

The recent rapid increase in the price of certain NES and SNES games appears to be the result of a speculative bubble. If you have a copy of one of these games, then you should consider selling now while prices are high. If not, you should wait a few years before seeking to purchase a copy.

I really hope you're right and that this also applies to the boom in several psx games as well.

[Zing]

I don't know about "people" but real estate in my town is still rising. I valued my home one year ago and it was at $330k. Now a townhouse about 2/3 that size is going for $360k. It's a pain because I am looking to buy, along with everyone else apparently. The houses sell in like 2 weeks, so the price is actually probably too low.

I don't think anyone is speculating about Earthbound. People aren't buying it at these high prices to resell.

[prfsnl_gmr]

I don't know about "people" but real estate in my town is still rising. I valued my home one year ago and it was at $330k. Now a townhouse about 2/3 that size is going for $360k. It's a pain because I am looking to buy, along with everyone else apparently. The houses sell in like 2 weeks, so the price is actually probably too low.

I don't think anyone is speculating about Earthbound. People aren't buying it at these high prices to resell.

By "people", I mean everyone speculating on the future price of either real estate, internet stocks, or any other commodity.

Housing princes vary greatly in different markets, and I am not familiar with the Canadian housing market. I can tell you with certainty, however, that housing prices in many U.S. markets - particularly Arizona, California, Florida, and Nevada - have fallen drastically in the last few years. Prices in Las Vegas, for example, have fallen by 2/3 or more:

http://www.zillow.com/local-info/NV-Las ... e/r_18959/

Finally, you do not have to be looking to resell an item to contribute to a speculative bubble. You simply have to be fearful of future price increases - like many of the people posting on this board (i.e., "I need to buy now or I will miss my chance!").

In any event, here is a very instructive article, and anyone thinking about spending hundreds of dollars on a copy of a mass-produced videogame should review it carefully:

http://online.wsj.com/article/SB1000142 ... 16806.html

"The second, more obvious thing about booms is that lots and lots of people get on board, pushing prices up. Initial skepticism gives way to curiosity and then escalates into a kind of frenzy, a feeling that you may be the only person on the planet who isn't part of the fun, and you'd better scramble to get in."

EDIT & DISCLAIMER: I cannot predict the future any better than anyone else. Loose copies of Earthbound might be selling for thousands of dollars by 2020. I doubt it, however.

[prfsnl_gmr]

The recent rapid increase in the price of certain NES and SNES games appears to be the result of a speculative bubble. If you have a copy of one of these games, then you should consider selling now while prices are high. If not, you should wait a few years before seeking to purchase a copy.

I really hope you're right and that this also applies to the boom in several psx games as well.

It might apply to them as well. For a "collector's item" to command high prices over the long-term it has to be genuinely rare (i.e., competition carts, prototypes, etc.). Very few - if any - games sold at retail fit that criteria.

[awesomenick]

I know where i can get a cart in good condition for $120, might have to jump at it now.

I bought it with the guide, in October, for $80.00. The game is way over priced online, check some local shops before you resort to ebay.

[Hazerd]

I know where i can get a cart in good condition for $120, might have to jump at it now.

I bought it with the guide, in October, for $80.00. The game is way over priced online, check some local shops before you resort to ebay.

It's not online, and i already have the guide, paid $30 for it!