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I watched a really eye-opening video on Youtube last night that pretty succinctly exposed the blatant fraud behind the whole graded/sealed video game market.
Needless to say, Super Mario Bros. selling for $1.5 million dollars is all based on a whole lot of fraudulent market speculation, and it's a house of cards being propped up by an auction house and a grading company that were founded by the same people who caused the coin collecting bubble back in the 1980s.
It's all a bubble, and it's going to pop sooner or later.
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Tip: Don't spend $1.5 million on a video game and you'll be ok.
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True that, but unfortunately, the speculation bubble has started indirectly affecting the regular retro game market, too, and since this whole speculation scene started two years ago prices across the entire market have surged 33%. And they keep going up. Regular NES games that used to be dirt cheap before the bubble are now going for $50 or more.
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