World record collection for sale

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darsparx
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Re: World record collection for sale

Post by darsparx »

Jagosaurus wrote:I don't dislike the guy for selling. Life happens & interest change.

Yeah just look at one of my dad's friends. The guy got my dad into metal music when they were younger and now he's done a complete 180 and just decided he didn't want it anymore and just gave my dad his entire cd collection(or at least part of it).
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Retrogamer0001
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Re: World record collection for sale

Post by Retrogamer0001 »

I just noticed that massive stack of (probably sealed) 3DS games - does he just buy every single game he can get his hands on, or does he get them free? Massive discount? How would that even work? At the point this guy is at, he seems to just be amassing games.
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Jagosaurus
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Re: World record collection for sale

Post by Jagosaurus »

Retrogamer0001 wrote:I just noticed that massive stack of (probably sealed) 3DS games - does he just buy every single game he can get his hands on, or does he get them free? Massive discount? How would that even work? At the point this guy is at, he seems to just be amassing games.
IIRC this guy is a regional director of sorts for GameStop. Sure he hits every sale & promotion.
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Re: World record collection for sale

Post by mjmjr25 »

Just went through the entire list - baffled isn't the right word, but maybe just confused.

He got so many games as they were new and came through his various stores - so he wouldn't really have a good idea of what will eventually become valuable; at least in many cases, so i'm just really curious as to why so many high value items are missing from just about every library? Other than Sega Saturn i'm relatively unimpressed with every library. Going through the NES list you'd think someone had the library, pulled out the 100 most valuable games, and then listed it for sale.

I still think it's probably worth 100K with patience moving some of the sealed stuff, but if someone just plans to hock off what they don't want in big chunks and recouping costs it isn't going to be easy. There are literally THOUSANDS of games you'd have a hard time getting more than $1 for.
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Retrogamer0001
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Re: World record collection for sale

Post by Retrogamer0001 »

mjmjr25 wrote:He got so many games as they were new and came through his various stores - so he wouldn't really have a good idea of what will eventually become valuable; at least in many cases, so i'm just really curious as to why so many high value items are missing from just about every library? Other than Sega Saturn i'm relatively unimpressed with every library. Going through the NES list you'd think someone had the library, pulled out the 100 most valuable games, and then listed it for sale.
Considering his obvious knowledge of video games and the current market, I'm sure that's exactly what he did - hell, it's what I would do. Keep the best and sell the rest.
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Hobie-wan
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Re: World record collection for sale

Post by Hobie-wan »

A Buffalo, NY, man who owns more than 11,000 individual titles (covering 21 different consoles) got the Guinness stamp of world-record-ness back in December. At the time, he estimated its value at somewhere between $700,000 and $800,000 and now he’s testing the market to see if he can get anywhere near that much.
I hadn't noticed or forgot reading that months ago. Just a thought regarding where the reserve might be, which I doubt is anywhere near the $91K or so it is currently at. If it were worth $700K for 11000 items, that's averaging around $63 for each item. I just don't see that, especially since Mike said it isn't crammed full of valuable titles. Even if it was though, too many lower valued games would drag that average down IMHO.
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Re: World record collection for sale

Post by dsheinem »

Hobie-wan wrote:
A Buffalo, NY, man who owns more than 11,000 individual titles (covering 21 different consoles) got the Guinness stamp of world-record-ness back in December. At the time, he estimated its value at somewhere between $700,000 and $800,000 and now he’s testing the market to see if he can get anywhere near that much.
I hadn't noticed or forgot reading that months ago. Just a thought regarding where the reserve might be, which I doubt is anywhere near the $91K or so it is currently at. If it were worth $700K for 11000 items, that's averaging around $63 for each item. I just don't see that, especially since Mike said it isn't crammed full of valuable titles. Even if it was though, too many lower valued games would drag that average down IMHO.
All I can figure is that MAYBE that would be "retail value" as in what game cost when it was brand new. But yeah, that figure is easily twice what I think this is worth...
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Re: World record collection for sale

Post by cha cha »

...and don't forget we're still talking 'maximum' value of the collection, whatever figure you end up settling on. There is no way in hell anyone will have enough time to extract maximum value from this collection because the majority of it is filler titles/sports/shovelware/greatest hits etc. that you will not ever get even $1 for, and $1 is being generous under the assumption you are not bulking them out.

I'm sure Michael is hoping the prestige of 'Guinness World Record Collection' is enough to raise the value of the sale to where he wants it. Sadly, I don't even think he'll get half of what he expects. :(
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Re: World record collection for sale

Post by Hobie-wan »

Yeah, wasn't pointing that out to be a jerk.
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Re: World record collection for sale

Post by Blu »

Those panoramic views aren't exactly breathtaking. I'd feel claustrophobic in that game room, if you can even call it that. I'm not trying to be elitist, but I guess I value a little bit more in the presentation department.

He doesn't have all of the Dreamcast US collection, either.

I hope he gets what he wants out of it, but I think he's going to not be fully satisfied with the ending bid.
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