$17,500 video game

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Shinx3000

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http://videogames.yahoo.com/events/plugged-in/the-17-500-video-game/1332488

Think $60 video games are too expensive? You won't hear any argument from us, but you might from JJ Hendricks, a collector who just paid a clinically insane $17,500 for an obscure NES game from 1990.

The game in question is an ultra-rare, gold-colored version of Nintendo World Championships, a cartridge specially produced for use in a Nintendo-sponsored gaming contest. According to Wikipedia only 26 were created, and Hendricks calls it the "Holy Grail" of video game collectors.

The game itself has a time limit of just 6 minutes and 21 seconds and consists of three short segments from other NES games: Super Mario Bros., Tetris, and Rad Racer. Players are scored according to their performance in each game, and their scores are totaled once the time limit expires. Doesn't sound too riveting to us, but then somehow we doubt Hendricks is in it for the gameplay.

And while $17,500 might seem a bit much for a collection of ones and zeroes, Hendricks actually got a bargain: the game was originally listed on eBay for a cool $25,000.
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Now I'd have to ve insane and stupid to pay this much for any game. I wonder if pokemon games will worth this much in years to come?
 
Shinx3000 said:
http://videogames.yahoo.com/events/plugged-in/the-17-500-video-game/1332488



Now this is a game, I wonder i pokemon games will worth this much in years to come?
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They won't, because of sheer numbers. There are only a few of those gold colored NES Championship carts in existence (there's also a silver version that exists, that goes for less $ but still a ridiculous amount). Supply and Demand. Supply low, demand high (relatively speaking), price high. As for Pokemon, you have high demand that remains, but you also have very high supply, as millions of each cart are out there. As time goes on and supply dwindles (especially for older battery backup carts that work, since supply of those will dwindle), if demand says the same the price will go up, but unless something extraordinarily weird happens it's never going to reach anything resembling this level.

And that's your economics 101 lesson for the day.
 
Wow, that's a lot of money for a collector's item. Of course, it's his money, so he can do whatever the heck he wants with it. Thinking about it, I wonder what else will be worth this much in the future. I better go buy some copies of ET and Sonic the Hedgehog (2006). Maybe some pong copies too.
 
Holy Crab cakes! That's a bit too much D= Lol, only thing I have that's old and worth a mint is a 1923 coin from Austria...
 
Thats nothing. Some morons payed an insane amount of money on buttered toast because it looked like it had the Virgin Mary on it.
 
There are plenty of rare video games out there that are worth a lot of money. Just look at Pepsi Invaders.

Anyway, I remember when the Nintendo World Championship was going on when I was young. I never thought someone would someday spend that kind of money for one of the old cartages that was used.
 
It's called donating that $17,500 to charity instead of buying a fucking video game.
 
Politoed666 said:
It's called donating that $17,500 to charity instead of buying a fucking video game.
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Well, it's their money to spend. Besides, you have no idea what their collection will be used for.
 
Well, it's not really fair to say the guy should have done something else with his money. If he had the money, and he is such a collector, I'd imagine it would be more than worth it. I'm sure if it was tallied up, some of us would have spent close to that on Pokemon cards, games, toys, and accessories over the years.

(Well to also add, a person can spend over a million dollars on a solid gold statue and it would do even less than this game so...)
 
Some people just have no perspective on what's important in life.

That money could have gone to charity. Instead, it was used to buy an old, dull-sounding video game with a shiny gold finish.

*sigh*... Humanity just doesn't make sense to me sometimes. -_-
 
I shouldn't laugh at this. That'd be the pot calling the kettle black, especially since at one point in my life, I considered spending the $150+ (before S&H) for MSI's first album as a band while still on a weekly allowance.
 
Chaos Control said:
Some people just have no perspective on what's important in life.

That money could have gone to charity. Instead, it was used to buy an old, dull-sounding video game with a shiny gold finish.

*sigh*... Humanity just doesn't make sense to me sometimes. -_-
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If he didn't buy the game, I can guarantee you that money wouldn't have gone to charity, no matter how much it could have.
 
What I'd like to know is where did he get that kind of money in the first place.
 
Well, it's his money to spend. I'm pretty sure that he's proably a it well off....

And if he spent that much on a game and a collection(which he probably has), he's probably going to sell all of that stuff for a pretty penny.
 
Chocolate Bones said:
If he didn't buy the game, I can guarantee you that money wouldn't have gone to charity, no matter how much it could have.
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Oh, I know, believe me. But which would be a better investment: a reliable charity where one can make a difference to the underpriviledged, or an 8-bit video game?
 
Chaos Control said:
Oh, I know, believe me. But which would be a better investment: a reliable charity where one can make a difference to the underpriviledged, or an 8-bit video game?
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Why are the two things mutually exclusive? Who's to say he doesn't already donate a significant sum of money to charity? Does he have to give every extra cent he has towards charity? How much is an approvable amount of money that he can spend on himself?
 
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