Did a video game really just sell for $800,200.00 USD? Do we have a new record for the world’s most expensive video game? Probably not, and here’s why.
Here are the last several minutes of a March 1, 2010 eBay auction “Stadium Events Nes game” item number 110499541029. The listing featured in this video has been regarded with suspicion as a fake, and it seems that collectors who are angry about the fraud have essentially killed the listing through bidding it to the point of absurdity. As a reminder, bidding on eBay is considered by eBay to be contractual; however, countless bidders get carried away and never end up paying. This happens when they’re bidding on everything from rare & common video games, iPhones, to childhood memorabilia. My assumption is that there will be little that eBay can do to enforce this except to give the bidder an unpaid item strike and to possibly ban the highest bidder’s account. Chances are the bidder will simply claim their account was compromised (used by someone else against their will) and that the bids weren’t done with their permission. Funny though, if you watch the bids, one of the high bidders retracted his/her bid right at the end. So if 2-3 guys were bidding on this as a team to simply have fun or to sabotage it, whoever was supposed to be the fall guy (aka the last high bidder) left his buddy on the line! Ha ha!
What’s extra interesting is that only days ago what is commonly believed to be an authentic sealed copy of Nintendo Stadium Events sold for $41,300; however, bids mean nothing without payment. Word has it that the top bidder for that auction hasn’t paid either. If that’s the case, the $41,300 value is meaningless. Likewise, perhaps the $15,000+ values for ultra rare video games are simply as meaningless as this $800,200.00 USD auction. Each time we hear of these transactions, we simply have to take someone’s word for it. There are never any video, photos, receipts of cleared checks. Rarely do both parties even come forward. It’s funny to think that all of the most expensive video game prices might just be fog and mirrors intended to boost the value of a collection and the cost of future sales.
I love collecting rare video games and like many collectors, and like many of my fellow geeky collectors, I daydream of one day putting together my own retro gaming museum. But, unfortunately, it seems that in something as harmless as vintage video game collecting, one has to be streetwise.