Are Video Games worth any money nowadays?

Video games have become one of the most popular and valuable collectibles in recent years. From classic cartridge games to modern limited-edition releases, certain video games have significantly appreciated in value. While many games are widely available, specific titles hold substantial worth based on rarity, condition, and demand. Is there a market for Video Games? One aspect of video game collecting that many people are unaware of is the potential monetary value of certain titles. The market for video games has fluctuated over the years, influenced by collector interest, historical significance, and production rarity. First-run cartridges, factory-sealed games, and limited-edition releases tend to retain strong resale value, whereas mass-produced titles may not fetch high prices.

The Market For Video Games

The market for video games remains strong, with dedicated collectors and gaming enthusiasts driving demand. However, the demand for video games is weak unless they are in "Mint Condition" and include original packaging, manuals, and inserts. Loose discs or damaged cartridges typically hold little value. Specialty game stores, online marketplaces, and auction houses serve as primary trading venues for high-value video games.

Factors Affecting Price

Condition is crucial when determining a video game’s value. Games in near-mint condition with sealed packaging will fetch significantly higher prices than those with scratches or missing components. Rarity and edition also play a major role—limited-run releases, first editions, and misprints are highly desirable. Historical significance impacts value as well, with games that revolutionized the industry or had limited distribution attracting serious collectors. Demographics influence market trends, with retro gaming fans and nostalgia-driven buyers fueling demand for older titles.

Buying and Selling Video Games

For those interested in buying and selling video games, authenticity and condition are key. Ensuring that a game retains its original components and verifying authenticity through reputable sources is crucial, as reproductions and counterfeit copies can diminish value. Market trends fluctuate, and certain games may increase in value over time while others remain stable. Knowledgeable collectors can find profitable opportunities through gaming conventions, specialty game stores, and online auctions.

Who buys Video Games today?

Collectors, gaming enthusiasts, and investors continue to drive the market for video games. However, as older collectors downsize their collections, demand for specific games may shift. High-end buyers seek rare and pristine-condition games, while casual gamers look for affordable playable copies. Despite changing trends, interest in video games remains strong, particularly for historically significant and rare editions. Not all video games have monetary value, but some remain highly sought after. Examples include early console titles, factory-sealed games, and rare promotional items.

Top 5 Video Games to hunt for

1. Super Mario Bros. (1985) - Sealed First Print – A rare first-print sealed copy sold for over $2 million at auction.
2. The Legend of Zelda (1987) - Early NES Edition – A highly collectible game, often selling for $50,000+ in mint condition.
3. Stadium Events (1987) - NES – One of the rarest North American NES games, valued at over $100,000.
4. Pokémon Red & Blue (1998) - First Edition Sealed – Early factory-sealed copies have reached $10,000+.
5. EarthBound (1995) - Complete in Box – A cult classic RPG with complete copies selling for $5,000+.

Learn More About The Value of your Video Games

iGuide’s appraisal service is a good way to discover the value of your video games. Learn more.