You know what's wild? The pandemic didn't just change how we work and live -- it completely transformed the collectibles market. Suddenly everyone stuck at home started hunting down their childhood memories, and that's when expensive video games became a legit investment category.



I'm talking serious money here. Back in 2020, when lockdowns hit hard, a sealed copy of Super Mario Bros. went for $114,000 at auction. That was already shocking, but then things absolutely exploded. Within a year, the same game was fetching $2 million. Two million dollars for a cartridge. The market went absolutely insane.

What's crazy is how fast this happened. In July 2021, Super Mario 64 broke records at $1.56 million -- the first video game ever to hit seven figures. Two days before that, Legend of Zelda sold for $870,000. These weren't even the priciest expensive video games on the market, just the first wave of the boom.

The whole thing hinged on condition and rarity. We're talking sealed, unopened copies in original packaging. Most of these cartridges sat in someone's desk drawer or attic for 30+ years before someone realized they were sitting on a goldmine. A Super Mario Bros. copy from 1986 that was forgotten for three and a half decades? Suddenly worth $660,000.

What blew my mind was the acceleration. Rally, the collectibles platform, bought that $2 million Super Mario Bros. cartridge for just $140,000 just one year before flipping it. That's the kind of 20x return that normally happens in crypto, not video games.

The Gen X nostalgia factor mixed with actual scarcity created this perfect storm. These aren't just any games -- they're the titles that defined the 1980s and 90s. Mario, Zelda, these characters shaped an entire generation's childhood. So when a sealed original from 1985 hits the market, collectors go berserk.

It's fascinating how expensive video games went from being worthless plastic cartridges to a legitimate million-dollar asset class. The pandemic really did unlock something unexpected in the collectibles world.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments