I think that there is some of that too. In my opinion at least, there is a bit of a speculative bubble surrounding NES and SNES items at the moment. Eventually, people will have to move on or have to liquidate their inventory and the prices will return to "pre-bubble" levels. (In any event, the term "collapse" in my previous post was probably a bit too strong...)Rubiks wrote:Also, there's the problem of people creating an "artificial demand" for these games (this is especially true in my city). It usually starts off with a pawn shop trying to sell a console at a very high price. Then Average Joe walks in and sees the price and remembers he has one of those in his garage. Thinking he's got something extremely valuable, he puts it up in the local classifieds for an equally outrageous price. Now, the smaller pawn shops see these ads and bring up their prices. The cycle continues until you can't buy an old yellowed SNES for under $150.00 in town!
I really really hope so. The resellers in town are really getting crazy. Less than 2 years ago it was basically me and 1 other guy. Now everyone and their mother is doing it and the prices have gotten insane. I used to sell an NES system with brand new pins, 1 controller and a game for about 35-40 bucks. Now you are seeing dirty old consoles that hardly work being sold for $100.00. It's madness!I think that there is some of that too. In my opinion at least, there is a bit of a speculative bubble surrounding NES and SNES items at the moment. Eventually, people will have to move on or have to liquidate their inventory and the prices will return to "pre-bubble" levels. (In any event, the term "collapse" in my previous post was probably a bit too strong...)
