Ebay users are Inflating prices of Legacy games, influencing other stores.

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Jakandsigz

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#1 Jakandsigz
Member since 2013 • 6341 Posts
Ebay users who are either a tad empty in the head, or just plain greedy, are inflating the value of certain games, and when people buy these games or see people watching auction at these prices, others thing they can do the same. Games that not even a few years ago you could find new and wrapped for $5 at certain stores like 5 Below, are around $30 or more on Ebay now. Games that have tons of copies out there and have a high chance being seen at Goodwill or in a bargin bin are also twice their actual value. It gets worse every year, and I am already being forced to slow down my collecting due to this. The worst part about this issue is that the people dumb enough to buy it or just really want a game NOW don't realize they are actually making it harder on everyone else. This goes double for the seller. It has gotten to the point where a CD in a $.50 Jewel Case because they don't have the original box is costing half a centuries dollar. Second-hand and Retailers that sell used or new older games are looking at these prices to. I went to Victor Video the other day, tons of games are now $5 dollars more now when the games have been around the same price the last 3 years! 5 Below made it so that you would buy Playstation 1 games by a bundle. They would have 5 games in plastic rap in random order and you would pay $5... FOR EACH ONE IN IT so you would end up paying $25 dollars plus tax, which has actually RAISED in my state btw recently so garbage. I used to be able to get almost 100 games a year until 2009. Everyone is looking at these prices and thiking thye can get more for them. Eventually I think that the collectors market is going to fall flat on its face soon.
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Emerald_Warrior

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#2 Emerald_Warrior
Member since 2008 • 6581 Posts

This has been happening for years now. It sucks, but what are you gonna do? You can't blame people for trying to get as much money out of their items as other people are getting.

But you can still find good deals at places like Goodwill and mom-n-pop thrift shops. Goodwill has been a huge source for my collection the last year or so.

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Dudersaper

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#3 Dudersaper
Member since 2007 • 32952 Posts
Yeah, it's pretty bad, you just have to keep a good eye out for good deals and be patient. I managed the 4 .hack games for 50 bucks for waiting.
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Legolas_Katarn

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#4 Legolas_Katarn
Member since 2003 • 15556 Posts
Been going on for years. People acting like games are rare and charging $100+ for them. I remember how much the Final Fantasy games cost before they started to be released digitally. FF7 really needed to cost $50+ for a used copy, it's so hard to find.
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Eikichi-Onizuka

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#5 Eikichi-Onizuka
Member since 2008 • 9205 Posts

But you can still find good deals at places like Goodwill and mom-n-pop thrift shops. Goodwill has been a huge source for my collection the last year or so.

Emerald_Warrior

Not for me, my Goodwill never has anything. I have gotten lucky at a few garage sales though.

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JML897

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#6 JML897
Member since 2004 • 33134 Posts
I'm not sure I really see the issue here. The prices on ebay are as high as people are willing to pay for them. If people stop paying $30 for (game that shouldn't be $30) then the prices will drop. I can't really blame the sellers for getting as much money from their sale as possible
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TheKungFool

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#7 TheKungFool
Member since 2006 • 5384 Posts

I'm not sure I really see the issue here. The prices on ebay are as high as people are willing to pay for them. If people stop paying $30 for (game that shouldn't be $30) then the prices will drop. I can't really blame the sellers for getting as much money from their sale as possibleJML897


^ absolutely agree

I am an ebay seller, and my logic is, a game is worth what people will pay for it.

would YOU maybe like to find the game cheaper, sure, who wouldn't. but the fact is, you look at "completed listings" and people ARE paying $30 a game, so from the owner/seller point of view, why would you sell it any cheaper than you have to?

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Jakandsigz

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#8 Jakandsigz
Member since 2013 • 6341 Posts

[QUOTE="JML897"]I'm not sure I really see the issue here. The prices on ebay are as high as people are willing to pay for them. If people stop paying $30 for (game that shouldn't be $30) then the prices will drop. I can't really blame the sellers for getting as much money from their sale as possibleTheKungFool



^ absolutely agree

I am an ebay seller, and my logic is, a game is worth what people will pay for it.

would YOU maybe like to find the game cheaper, sure, who wouldn't. but the fact is, you look at "completed listings" and people ARE paying $30 a game, so from the owner/seller point of view, why would you sell it any cheaper than you have to?

Issue is that you are paying $30 dollars or more for games that are just the disc.
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Dudersaper

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#9 Dudersaper
Member since 2007 • 32952 Posts
[QUOTE="TheKungFool"]

[QUOTE="JML897"]I'm not sure I really see the issue here. The prices on ebay are as high as people are willing to pay for them. If people stop paying $30 for (game that shouldn't be $30) then the prices will drop. I can't really blame the sellers for getting as much money from their sale as possibleJakandsigz



^ absolutely agree

I am an ebay seller, and my logic is, a game is worth what people will pay for it.

would YOU maybe like to find the game cheaper, sure, who wouldn't. but the fact is, you look at "completed listings" and people ARE paying $30 a game, so from the owner/seller point of view, why would you sell it any cheaper than you have to?

Issue is that you are paying $30 dollars or more for games that are just the disc.

I do see their point, the person that does buy just discs for 30$, thought it was worth 30$ to get. The seller just puts the price, the buyer is who makes the choice of buying it or not. Not saying I really agree with overpricing things, but I do see their point.
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Jakandsigz

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#10 Jakandsigz
Member since 2013 • 6341 Posts
[QUOTE="Jakandsigz"][QUOTE="TheKungFool"]

^ absolutely agree

I am an ebay seller, and my logic is, a game is worth what people will pay for it.

would YOU maybe like to find the game cheaper, sure, who wouldn't. but the fact is, you look at "completed listings" and people ARE paying $30 a game, so from the owner/seller point of view, why would you sell it any cheaper than you have to?Dudersaper
Issue is that you are paying $30 dollars or more for games that are just the disc.

I do see their point, the person that does buy just discs for 30$, thought it was worth 30$ to get. The seller just puts the price, the buyer is who makes the choice of buying it or not. Not saying I really agree with overpricing things, but I do see their point.

This is true and I agree with you, but it has not as much to do with what price the buyer buys it at than the price that is set. There are people selling games from $80 to $1000, and people see this a slowly raise their prices, soon you would have no choice but to buy certain games at $30, because everyone vessels might be at $50. People at second-hand stores see this and their $5 and $10 games are $25 and $40 now. Regardless if the people raising the prices sold or not. It would be less of an issue to me if a lot of people were buying game A at $30 and that became acceptable. But if a random guy priced Game B at $100 and then everyone decided to add a 25% increase to their games due to it for no reason it's just dumb.
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Shenmue_Jehuty

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#11 Shenmue_Jehuty
Member since 2007 • 5211 Posts

It is a horrible time to be a collector of retro games. Ebay prices, especially on rare and sought after games have become ridiculous in price. But as many have said, it is because someone or several people have paid these insane prices, giving the rest of the sellers the idea that they can get the same price. So essentially we are to blame for paying those prices. A few months ago I was at a retro gaming store that is pretty infamous for overcharging, point in case the $30 loose Super Mario Bros 3 and the $60 loose Duck Tales (mind you it was the first Duck Tales). Some girly girl who looked like she just left the set of The Hills came in and bought both, about three other overpriced games and a $50 NES system. It is sh!t like this that jacks the price of retro games up on Ebay and elsewhere.

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Jakandsigz

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#12 Jakandsigz
Member since 2013 • 6341 Posts

It is a horrible time to be a collector of retro games. Ebay prices, especially on rare and sought after games have become ridiculous in price. But as many have said, it is because someone or several people have paid these insane prices, giving the rest of the sellers the idea that they can get the same price. So essentially we are to blame for paying those prices. A few months ago I was at a retro gaming store that is pretty infamous for overcharging, point in case the $30 loose Super Mario Bros 3 and the $60 loose Duck Tales (mind you it was the first Duck Tales). Some girly girl who looked like she just left the set of The Hills came in and bought both, about three other overpriced games and a $50 NES system. It is sh!t like this that jacks the price of retro games up on Ebay and elsewhere.

Shenmue_Jehuty
Ok, you got a laugh for that one.
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thecrypticodor

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#13 thecrypticodor
Member since 2012 • 240 Posts

Super Mario Brothers Duck Hunt $30 SUPER RARE OMG L@@K!!!

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Jakandsigz

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#14 Jakandsigz
Member since 2013 • 6341 Posts

Super Mario Brothers Duck Hunt $30 SUPER RARE OMG L@@K!!!

thecrypticodor
GAMECUBE! IT's BLACK! ONLY MIYAMOTO HAD IT BUT CAN BE YOUR FOR $457.50, COMES WITH RARE BLACK CONTROLLER!!! LEGENDARY! yFunny thing is I literally copy and pasted that from Ebay for a Black Gamecube.
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Lostboy1224

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#15 Lostboy1224
Member since 2007 • 3425 Posts
I don't mind people buying/selling on Ebay, but I hate it when I go into a store or flea market and the sellers don't even know what to charge until they look up Ebay on their phone or computer. So if they see some a-hole payed $20 more then he should have I get f'd over it as the seller usually wants way too much. There are certain games that should never be more than $3, yet they charge $7-$8. I just try and make connections with guys who are collectors too and aren't out to screw over other people and give fair prices. Just because it has Mario on the cover doesn't automatically make it a $30 rare game. Ughhh.
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Shenmue_Jehuty

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#16 Shenmue_Jehuty
Member since 2007 • 5211 Posts

I don't mind people buying/selling on Ebay, but I hate it when I go into a store or flea market and the sellers don't even know what to charge until they look up Ebay on their phone or computer. So if they see some a-hole payed $20 more then he should have I get f'd over it as the seller usually wants way too much. There are certain games that should never be more than $3, yet they charge $7-$8. I just try and make connections with guys who are collectors too and aren't out to screw over other people and give fair prices. Just because it has Mario on the cover doesn't automatically make it a $30 rare game. Ughhh.Lostboy1224

I hate resellers with a passion. Almost every single one I know or have dealt with over charges. They see one person who paid double on what a game is actually worth and use that to justify their prices. Or they use some idiot ebay sellers extremely high buy it now price even though no one is paying that much for the game. Sadly I even know a few game stores that do this, needless to say I do not shop at those stores. My favorite resellers are the ones that only jack up the price on games lie Final Fantasy, Mario, Zelda and other well known titles, but if they ever get in Conker or Tron Bonne they think $15 is what the game is worth when they are worth more than that.

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TheKungFool

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#17 TheKungFool
Member since 2006 • 5384 Posts

You can't really complain about the price someone asks for THIER item.
Who are you to say what someone else should sell thier stuff for?

Will you sell me any game in your collection for WHAT I FEEL I'D RATHER PAY!?
I'm guessing not.

Also, you have to remember that the sellers aren't stupid; they KNOW what stuff goes for.
Fact is, if they didn't think they could get top dollar for thier item, why would they get rid of it!?

When I sold off my SNES cart collection (needed money for university) I got top dollar for everything.
It wasn't because I was trying to rip people off or be a git, I simply needed to get as much as I could.
Basically, my reason for selling my good/rare stuff was to make as much money as possible, not to make friends or give out deals.
I would never have sold them had I not gotten what I felt they were worth.




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TheKungFool

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#18 TheKungFool
Member since 2006 • 5384 Posts

I hate resellers with a passion. Almost every single one I know or have dealt with over charges. They see one person who paid double "on what a game is actually worth"and use that to justify their prices.

Shenmue_Jehuty



I keep seeing you guys toss out statements like "what a game is actually worth" and I can't help but chuckle

How are you guys getting this magical "what a game is worth" number from!?
Is it the median (average) of what said game goes for?
Is it what some guide some random dude published says it is?
Is it some arbitrary percentage of what its original cost would have been?

retro games are analogous to art; price is subjective, as is the relative "worth" to its given audience.

simply put, a used video game is worth what someone will pay.
and if someone will pay $100 for a used copy of Earthbound, then guess what? Earthbound is "worth" $100
if there is anyone else who will pay that $100, then by what law or logic does the owner owe you a better deal?

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Shenmue_Jehuty

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#19 Shenmue_Jehuty
Member since 2007 • 5211 Posts

 

It isnt a matter of what I feel like I should pay, but rather what the game is actaully worth at the time based on what people are mostly paying. If people are paying $20 for a game, on average, on Ebay and/or Amazon, but you have someone with a $40 copy of the same game being relisted for the 100th time, the game is probably not worth $40. Yeah, I would love to pay $2 for any and every game I want, but I know that is not likely or possible in some situations. I do not mind paying fair prices (ie. $20 for Mario Kart 64, $120 for Suikoden II), but where I have a problem is when people try to sell these games for way more then what they are worth.

If I was going to sell my collection I would ask the average price of what each game goes for. Fact is I have done this with several things I have accumulated doubles of due to buying lots off of Ebay or Craigslist. I never overcharge because I hate it when other people do it to me. I sold them for fair, reasonable prices, hence why they all sold before the listing ended. I would rather sell something at a fair price then rip someone off just to make extra money.

And if resellers know what a game is actually worth, but still insist on charging double of what it typically sells for, then they are greedy, period. Some resellers I have encountered do not deserve this much credit given their prices were so grossly inaccurate, not even greed can explain them. They can charge whatever they would like for any given game, but that still does not excuse the fact that they are greedy and/or grossly misinformed if they significantly overcharge. 




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Jakandsigz

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#20 Jakandsigz
Member since 2013 • 6341 Posts

[QUOTE="Shenmue_Jehuty"]

I hate resellers with a passion. Almost every single one I know or have dealt with over charges. They see one person who paid double "on what a game is actually worth"and use that to justify their prices.

TheKungFool



I keep seeing you guys toss out statements like "what a game is actually worth" and I can't help but chuckle

How are you guys getting this magical "what a game is worth" number from!?
Is it the median (average) of what said game goes for?
Is it what some guide some random dude published says it is?
Is it some arbitrary percentage of what its original cost would have been?

retro games are analogous to art; price is subjective, as is the relative "worth" to its given audience.

simply put, a used video game is worth what someone will pay.
and if someone will pay $100 for a used copy of Earthbound, then guess what? Earthbound is "worth" $100
if there is anyone else who will pay that $100, then by what law or logic does the owner owe you a better deal?

The main reason that you are overlooking why a lot of seller price their games high is because they believe other idiots that it is rare, or will think that buy looking at an Ebay price. Some sell the games for less than $5 if its not talked about or is not sold on an internet site at a certain time. Because of that your statement does not make sense. Gex 2 I got a copy for $3 one week later it was $25 at the same store. a person at the register saw I had it in my hand and said everyone talking about it so it's very rare. So while you may and are arguing about our point of view, most of the sellers point of view is a set-price because I have been to another store that has the same games at $25 as well. All based either by Ebay regardless if people even bidded or brought it, or depending on how many people are talking about it on real life or online, which the latter would actually say the exact opposite but a lot of sellers are stupid. Let me give you another example, at one store a man checked Ebay for a price of a Gamecube, one seller was selling it for $500, this was 2 years ago or so, he sold it for $400, no one brought it, but someone was buying I think it was Mario Party or Sunshine can't remember and it was $40, he looked it up and dropped it to $15.
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Jakandsigz

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#21 Jakandsigz
Member since 2013 • 6341 Posts

 

It isnt a matter of what I feel like I should pay, but rather what the game is actaully worth at the time based on what people are mostly paying. If people are paying $20 for a game, on average, on Ebay and/or Amazon, but you have someone with a $40 copy of the same game being relisted for the 100th time, the game is probably not worth $40. Yeah, I would love to pay $2 for any and every game I want, but I know that is not likely or possible in some situations. I do not mind paying fair prices (ie. $20 for Mario Kart 64, $120 for Suikoden II), but where I have a problem is when people try to sell these games for way more then what they are worth.

If I was going to sell my collection I would ask the average price of what each game goes for. Fact is I have done this with several things I have accumulated doubles of due to buying lots off of Ebay or Craigslist. I never overcharge because I hate it when other people do it to me. I sold them for fair, reasonable prices, hence why they all sold before the listing ended. I would rather sell something at a fair price then rip someone off just to make extra money.

And if resellers know what a game is actually worth, but still insist on charging double of what it typically sells for, then they are greedy, period. Some resellers I have encountered do not deserve this much credit given their prices were so grossly inaccurate, not even greed can explain them. They can charge whatever they would like for any given game, but that still does not excuse the fact that they are greedy and/or grossly misinformed if they significantly overcharge. 




Shenmue_Jehuty
This is also good. Except the $120 SUII.
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famicommander

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#22 famicommander
Member since 2008 • 8524 Posts
Game prices fluctuate naturally. Sellers will charge what the market will bear. A purchase is a voluntary exchange and value is subjective. Nobody is coerced into an eBay auction.
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TheKungFool

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#23 TheKungFool
Member since 2006 • 5384 Posts

Game prices fluctuate naturally. Sellers will charge what the market will bear. A purchase is a voluntary exchange and value is subjective. Nobody is coerced into an eBay auction.famicommander


^ THIS.

finally, somebody else making some sense on this topic.

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TheKungFool

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#24 TheKungFool
Member since 2006 • 5384 Posts

If people are paying $20 for a game, on average, on Ebay and/or Amazon, but you have someone with a $40 copy of the same game being relisted for the 100th time, the game is probably not worth $40. Yeah, I would love to pay $2 for any and every game I want, but I know that is not likely or possible in some situations. I do not mind paying fair prices (ie. $20 for Mario Kart 64, $120 for Suikoden II), but where I have a problem is when people try to sell these games for way more then what they are worth.

Shenmue_Jehuty



you're still completely missing the point.

EBAY is a private sale site.


on a private sale site, there is no such thing as the "propper" or "correct" price for something.
people can and will ask what they want.
if you don't want to pay thier price, then don't. no biggie.

but, fact is, you have absolutely zero right to dictate or complain about what price something "ought to be" when its a private sale auction.

same thing goes for retail stores really.
if you don't like their prices, shop elsewhere. simple, no?

I'm not trying to piss you off friend, you know I respect you, but prices for items that are no longer available will continue to fluxuate at the whim of he who owns said item. its a supply and demand economy, and if someone else has an item you desire, you really have no basis to suggest he ought to sell it to you for any less than he feels the item is worth for him to let go of.

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Articuno76

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#25 Articuno76
Member since 2004 • 19799 Posts

[QUOTE="famicommander"]Game prices fluctuate naturally. Sellers will charge what the market will bear. A purchase is a voluntary exchange and value is subjective. Nobody is coerced into an eBay auction.TheKungFool



^ THIS.

finally, somebody else making some sense on this topic.

It's true, game prices do fluctuate naturally to take into account supply and demand. But this is something a little different. We are talking about things being priced as if they are rare when they are not. In fact with the spread of digital re-releases for games the demand should be going down. In other words the price isn't following supply-and-demand but is instead being dictated in a one-sided way by an almost oligarchic practice. This is far from natural; it's price manipulation; even if you don't buy because you have an objection to the price this doesn't diminish demand and reset prices. If this kind of practice was happening in a brick-and-mortar store the retail watchdog would be kicking down doors and investigating. My advice? Buy from one of the few sellers who do have good prices. Take a screen cap and then send to the would-be-offenders and let them know they've missed out on your custom.
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Articuno76

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#26 Articuno76
Member since 2004 • 19799 Posts

[QUOTE="Shenmue_Jehuty"]

If people are paying $20 for a game, on average, on Ebay and/or Amazon, but you have someone with a $40 copy of the same game being relisted for the 100th time, the game is probably not worth $40. Yeah, I would love to pay $2 for any and every game I want, but I know that is not likely or possible in some situations. I do not mind paying fair prices (ie. $20 for Mario Kart 64, $120 for Suikoden II), but where I have a problem is when people try to sell these games for way more then what they are worth.

TheKungFool



you're still completely missing the point.

EBAY is a private sale site.


on a private sale site, there is no such thing as the "propper" or "correct" price for something.
people can and will ask what they want.
if you don't want to pay thier price, then don't. no biggie.

but, fact is, you have absolutely zero right to dictate or complain about what price something "ought to be" when its a private sale auction.

same thing goes for retail stores really.
if you don't like their prices, shop elsewhere. simple, no?

I'm not trying to piss you off friend, you know I respect you, but prices for items that are no longer available will continue to fluxuate at the whim of he who owns said item. its a supply and demand economy, and if someone else has an item you desire, you really have no basis to suggest he ought to sell it to you for any less than he feels the item is worth for him to let go of.

That isn't the way consumer rights (or interests) work. At least not in the UK. There are consumer interest groups that are around to stop this kind of practice happening. The problem people have with this is precisely because it isn't a supply and demand model, it's price gouging that can't be mitigated.

The reason you normally can't price gouge like this is because if you did you would lose money (failure to recoup cost of product); no one would buy your stuff or they would go to a competitor that is pricing things sensibly (consumer empowered price mitigation). But what we are talking about here is a product that is both in abundance and whose real world value (value of acquisition) is also very low. As a result the seller only has to sell a really small amount of product at a wide profit margin to recoup a loss (not to mention they will be making money from many other things besides) and don't have to worry about competition because the issue is market-wide.

This kind of collusion to manipulate prices is illegal in many parts of the world or at least highly looked down on. It disempowers the consumer as the consumer's right to 'not buy' no longer matters when the seller can make profits back from the less extortionate parts of their business (removing consumer's ability to mitigate prices and effect the supply/demand model).

Other sellers simply choose not to compete because it makes more business sense to sell fewer copies at jacked up prices (or mitigate the lack of sales of that product through other things) than to price closer to the real-world value.  You would be hard pushed to find a good example of this happening elsewhere because, as I said, it is often illegal or at least highly looked down on.

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Articuno76

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#27 Articuno76
Member since 2004 • 19799 Posts

[QUOTE="Shenmue_Jehuty"]

I hate resellers with a passion. Almost every single one I know or have dealt with over charges. They see one person who paid double "on what a game is actually worth"and use that to justify their prices.

TheKungFool



I keep seeing you guys toss out statements like "what a game is actually worth" and I can't help but chuckle

How are you guys getting this magical "what a game is worth" number from!?
Is it the median (average) of what said game goes for?
Is it what some guide some random dude published says it is?
Is it some arbitrary percentage of what its original cost would have been?

retro games are analogous to art; price is subjective, as is the relative "worth" to its given audience.

simply put, a used video game is worth what someone will pay.
and if someone will pay $100 for a used copy of Earthbound, then guess what? Earthbound is "worth" $100
if there is anyone else who will pay that $100, then by what law or logic does the owner owe you a better deal?

The worth of the product is set in relation to supply, it isn't subjective. What we are talking about here is prices being set out of wack with supply and the selling practices being conducted in such a way that the consumer can't rectify it. Many of these games don't have space in brick-and-mortar stores because they are low value (not worth shelf-space) or replaced by newer 'retro' games, but still rather common none-the-less.
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Some-Mist

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#28 Some-Mist
Member since 2009 • 5631 Posts
common problem among even niche communities. In the shmups community, there's a user known as "STV" or Japan-Dealer who actually buys PCBs in lots and inflates the prices. He also claims lower values when shipping to reduce import taxes/tariffs. It's well known on the system 11, neo-geo, and arcade otaku forums, but as you can see in his sold out history for cave games alone, people don't care which naturally inflates the prices in the market. it's common practice now and will continue in second hand markets unless the consumer base as a whole smartens up... but many users will pay whatever it costs which means it'll probably continue to be an issue.

[QUOTE="Shenmue_Jehuty"]

I hate resellers with a passion. Almost every single one I know or have dealt with over charges. They see one person who paid double "on what a game is actually worth"and use that to justify their prices.

TheKungFool



I keep seeing you guys toss out statements like "what a game is actually worth" and I can't help but chuckle

How are you guys getting this magical "what a game is worth" number from!?
Is it the median (average) of what said game goes for?
Is it what some guide some random dude published says it is?
Is it some arbitrary percentage of what its original cost would have been?

retro games are analogous to art; price is subjective, as is the relative "worth" to its given audience.

simply put, a used video game is worth what someone will pay.
and if someone will pay $100 for a used copy of Earthbound, then guess what? Earthbound is "worth" $100
if there is anyone else who will pay that $100, then by what law or logic does the owner owe you a better deal?

to go back to my shmups example and the market that surrounds that. "What the game is actually worth" is the price that is set across different mediums. For example, there was a user named "rancor" who is a pleasure to deal with on shmups.system11.org - he also acts as a fantastic proxy for items in japan and listed on japan only sites. he listed a for sale thread for a guwange PCB for $520, but a potential buyer was able to prove that it sells for drastically less on average through multiple sources. Rancor adjusted his price to $360 shipped (which is still high) because of his initial inflated price. Now since the pcb is rare to come across, that price isn't readily available. you can make a "wanted" thread on one of the niche community boards, or you can go to STV who sells it on his site with copied art (not original) for 40,000 JPY which translates to about $400 and doesn't include shipping.

as an example stated previously... if someone lists a game for $40 for the 100th time but everyone else lists it at $20, there's something wrong. However, when all the $20 copies sell, the only one left is the $40 copy. That's when the price adjusted copies will start hitting the market. I guess the real question is... is "the game actually worth" $40 now?
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YoshiYogurt

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#29 YoshiYogurt
Member since 2010 • 6008 Posts

I get steals off ebay compared to the retro store near me. The store wanted $70 for Castlevania SotN and $45 for Paper Mario...

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Darkman2007

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#30 Darkman2007
Member since 2007 • 17926 Posts

yes, since the retro market is growing , it will drive up prices, although its probably not as bad as it could be since not everybody is actually buying the old games they play (if we want to be honest, its happening due to emulation , and people feeling no need to pay for the games as they are old, or download them at most from Steam/GOG/PSN/XBLA , etc)

 

although I can be blamed for selling games for a sometimes high price on Ebay, although to be fair, I did sell them below what I saw to be the average price, sometimes even a 1/3 less

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Shenmue_Jehuty

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#31 Shenmue_Jehuty
Member since 2007 • 5211 Posts

[QUOTE="Shenmue_Jehuty"]

If people are paying $20 for a game, on average, on Ebay and/or Amazon, but you have someone with a $40 copy of the same game being relisted for the 100th time, the game is probably not worth $40. Yeah, I would love to pay $2 for any and every game I want, but I know that is not likely or possible in some situations. I do not mind paying fair prices (ie. $20 for Mario Kart 64, $120 for Suikoden II), but where I have a problem is when people try to sell these games for way more then what they are worth.

TheKungFool



you're still completely missing the point.

EBAY is a private sale site.


on a private sale site, there is no such thing as the "propper" or "correct" price for something.
people can and will ask what they want.
if you don't want to pay thier price, then don't. no biggie.

but, fact is, you have absolutely zero right to dictate or complain about what price something "ought to be" when its a private sale auction.

same thing goes for retail stores really.
if you don't like their prices, shop elsewhere. simple, no?

I'm not trying to piss you off friend, you know I respect you, but prices for items that are no longer available will continue to fluxuate at the whim of he who owns said item. its a supply and demand economy, and if someone else has an item you desire, you really have no basis to suggest he ought to sell it to you for any less than he feels the item is worth for him to let go of.

I can see that we fundementally disagree about the existance of average game values and what they mean in terms of establishing a price. I am very aware that game values fluctuate, but there is still an average price to to base the value of a game on based on what people are actually buying the game for at any given time. Myself, JJ Hendricks of Price Charting, Pat the NES punk and countless other people in the community seem to agree that there is an average price a game should be going for, and anything substantially above that average price is contemptible. I am not telling you or anyone else what to sell your games for, I simply disagree with people overcharging for games. I know that you would claim overcharging is subjective to both the seller and the buyer, and I would disagree, but I am done arguing the point. 

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Jakandsigz

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#32 Jakandsigz
Member since 2013 • 6341 Posts
I think the confusion is that if you know that Game X had sold 30 million world wide, but you charge $80 for it, and Game Z you charge $10 for but had a limited print of 1000 copies, there is something wrong. You are clearly trying to take advantage, and forcing others to at least rise near that price. It honestly should be the other way around.
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TheKungFool

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#33 TheKungFool
Member since 2006 • 5384 Posts

I can see that we fundementally disagree about the existance of average game values and what they mean in terms of establishing a price. I am very aware that game values fluctuate, but there is still an average price to to base the value of a game on based on what people are actually buying the game for at any given time. Myself, JJ Hendricks of Price Charting, Pat the NES punk and countless other people in the community seem to agree that there is an average price a game should be going for, and anything substantially above that average price is contemptible. I am not telling you or anyone else what to sell your games for, I simply disagree with people overcharging for games. I know that you would claim overcharging is subjective to both the seller and the buyer, and I would disagree, but I am done arguing the point.

Shenmue_Jehuty



don't put words in my mouth or misquote me good sir.
there most certainly is an average value that games go for (its a median between the high AND low prices)
my point is that there is no valide argument to insist a private seller has to abide by that average as a guidline to price his own item.

why do you feel some private seller on ebay is REQUIRED to sell you his game for the average price? (when he could get high-end money)

if you were in a bind/pinch, and had to sell one of your rare games, would you sell me your game for $30 if you knew you could get $100?

if you want to discuss busniesses and issue like thier trade values, mark-ups and such, then I agree there needs to be some semblance of value regulations.....
but when it comes to PRIVATE SALE situations on Ebay, Garage Sales, etc.....all magical price averages are pretty much a moot point.



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thecrypticodor

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#34 thecrypticodor
Member since 2012 • 240 Posts

Aside from thekungfool trying way to hard to justify his ebay listings prices. :P

The reality is to grossly overcharge for an item all while knowing it's value is devious and underhanded. This is also true if the seller labels the item as ''rare'' when it is not. Since it's intent is clearly to take advantage of a customers ignorance of the items actual value/scarcity. When someone on ebay list something like Super Mario Duck Hunt for $30 knowing it's not worth more than a few bucks they're obviously just fishing for suckers.

ebay is the worst when it comes to this since sellers know that ebay does not automaticly sort their listings in order starting from the cheapest onward like Amazon does. Which is something ebay really needs to start doing. Sellers on amazon that try to ridiculously overcharge find themselves way down the list and barried off the first page results and will have a lot harder of a time trying to sell that item.

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JML897

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#35 JML897
Member since 2004 • 33134 Posts
ebay is the worst when it comes to this since sellers know that ebay does not automaticly sort their listings in order starting from the cheapest onward like Amazon does. Which is something ebay really needs to start doing. thecrypticodor
Why? It takes like 10 seconds to look through the other listings for a certain game on ebay. It's the buyer's own damn fault if they end up paying more than they should.
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Shenmue_Jehuty

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#36 Shenmue_Jehuty
Member since 2007 • 5211 Posts

[QUOTE="Shenmue_Jehuty"]

 

I can see that we fundementally disagree about the existance of average game values and what they mean in terms of establishing a price. I am very aware that game values fluctuate, but there is still an average price to to base the value of a game on based on what people are actually buying the game for at any given time. Myself, JJ Hendricks of Price Charting, Pat the NES punk and countless other people in the community seem to agree that there is an average price a game should be going for, and anything substantially above that average price is contemptible. I am not telling you or anyone else what to sell your games for, I simply disagree with people overcharging for games. I know that you would claim overcharging is subjective to both the seller and the buyer, and I would disagree, but I am done arguing the point.

TheKungFool



don't put words in my mouth or misquote me good sir.
there most certainly is an average value that games go for (its a median between the high AND low prices)
my point is that there is no valide argument to insist a private seller has to abide by that average as a guidline to price his own item.

why do you feel some private seller on ebay is REQUIRED to sell you his game for the average price? (when he could get high-end money)

if you were in a bind/pinch, and had to sell one of your rare games, would you sell me your game for $30 if you knew you could get $100?

if you want to discuss busniesses and issue like thier trade values, mark-ups and such, then I agree there needs to be some semblance of value regulations.....
but when it comes to PRIVATE SALE situations on Ebay, Garage Sales, etc.....all magical price averages are pretty much a moot point.



As I said, I dont think anyone is required or should be required to sell their games at a certain price, however I find it reprehensible when sellers who know what a game is actually going for list it for way more than its current average price on Ebay and/or Amazon. Their right to sell their games at whatever price they want is not my issue, but rather the fact that actaully do overcharge is the issue. And there is nothing magical about calculating an average price, or median, or mode price, I can do it with virtually any game right now. Once I average a game price, or use the median price I have a pretty good idea of what the game is worth. 

And I rarely ever see a game that typically sells for $30 go for $100, mostly because the consumer has dictated that that game is worth around $30. I repect the consumer and their valuation of what a given game is worth, and as I said in my original post, if you are going to charge $100 for a $30 game you are either very misinformed or greedy. From what I have observed when a $30 game does sell for $100 it is either because someone has made a mistake, someone is grossly misinformed about what the game typically sells for, or has been duped (told it is rare when it isnt, given false info about specific game). But the consumer usually ignores these overpriced listings because it is not even remotely worth the amount overpriced listings are asking. I also feel that inflating prices on games is also disrespectful to the consumer.

And I fail to see the relevance of these being private sales. If a game is on average going for $30 based on recorded Ebay, Amazon, forum, whatever sales, it does not matter to me where I encounter the same game (flea market, garage sale, Goodwill, ect) whether the game is a good deal or not depends on where it falls reletive to that $30 average, period. I feel this is point is supported by the fact that I have seen game stores and resellers with certain overpriced games sitting on their shelves for years, however games that fall close to the average, again determined by ebay and amazon sale prices, are usually gone within a few months, weeks and even days. There is a game store in my area that is horribly overpriced on 95% of their merchandise, and every time I visit there (usually once a month) there inventory is almost the same as it was the month before, and the month before that. 

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Metallic_Blade

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#37 Metallic_Blade
Member since 2005 • 565 Posts

Old ass games honestly should cost no more than the shipping price. Its like ordering books. You pay $0.02 for the book itself and then $4.99 for shippng.

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thecrypticodor

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#38 thecrypticodor
Member since 2012 • 240 Posts

[QUOTE="thecrypticodor"]ebay is the worst when it comes to this since sellers know that ebay does not automaticly sort their listings in order starting from the cheapest onward like Amazon does. Which is something ebay really needs to start doing. JML897
Why? It takes like 10 seconds to look through the other listings for a certain game on ebay. It's the buyer's own damn fault if they end up paying more than they should.

What do you think are the chances that the majority of people will do that? Sometimes I'll look up something on ebay and the first page of results are ridiculously overpriced. A lot of times to find the listings on ebay that aren't just completely absurd you have to use the filters. The best of which is the price low to high filter. Which is what amazon does default which perpetuates a degree of competition between sellers. When People are striving to be on the first in line listed selling an item. It tends to keep sellers more honest and give them and the consumer a better general sense of the items worth. Not make people think a game is worth a fortune because they looked up an item on ebay and the first thing they saw were random listings where sellers are charging way into excess of the items value.

I do agree that some fault does lie with the customer buyer beware as they say, but just because a person is ignorant of the value of something doesn't justify someone taking advantage of them.

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JML897

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#39 JML897
Member since 2004 • 33134 Posts
Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".
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Jakandsigz

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#40 Jakandsigz
Member since 2013 • 6341 Posts
Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".JML897
Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.
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JML897

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#41 JML897
Member since 2004 • 33134 Posts
[QUOTE="JML897"]Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".Jakandsigz
Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.

This post isn't relevant to the conversation I was having with thecrypticodor
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Emerald_Warrior

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#42 Emerald_Warrior
Member since 2008 • 6581 Posts

[QUOTE="Jakandsigz"][QUOTE="JML897"]Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".JML897
Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.

This post isn't relevant to the conversation I was having with thecrypticodor

You're on a message board. It's an open coversation. If you want an A-B conversation only, then that's what the message system is for.

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TheKungFool

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#43 TheKungFool
Member since 2006 • 5384 Posts

As I said, I dont think anyone is required or should be required to sell their games at a certain price, however I find it reprehensible when sellers who know what a game is actually going for list it for way more than its current average price on Ebay and/or Amazon. Their right to sell their games at whatever price they want is not my issue, but rather the fact that actaully do overcharge is the issue. And there is nothing magical about calculating an average price, or median, or mode price, I can do it with virtually any game right now. Once I average a game price, or use the median price I have a pretty good idea of what the game is worth.

Shenmue_Jehuty



*facepalm*

I DID NOT SAY ITS DIFFICULT OR IMPOSSIBLE TO CALCULATE A MEDIAN PRICE FOR AN ITEM!
anyone who took grade 5 math can calculate a median or average.

the point isn't that an average value COULD be calculated.
the point is THE AVERAGE VALUE HAS NOTHING TO DO WITH A PRIVATE SALE. plain and simple.

help me understand your logic here.....

some guy in who-knows-where owns a video game that is out of print and can no longer be purchased new.
he is selling the game privately on a site which does not regulate prices and is 100% at the seller's discression.
you want the item he owns.
why exactly does that seller owe you a certain price?

Sounds to me like SOUR GRAPES on your part man, no offence.

this is a capitalist economy (whether you like that or not).
thus, it is up to YOU as the buyer to either buy and item, or not, based upon your own subjective idea of what its worth to you.
but whining and crying about some private seller on a private sale site who is trying to get as much as he can for his own item is just silly and absurd.






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TheKungFool

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#44 TheKungFool
Member since 2006 • 5384 Posts

[QUOTE="JML897"]Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".Jakandsigz
Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.



then you're looking at a $200 game mate.

either buy the game, or don't.
but there is no grounds for you to expect the guy who actually owns what you want to sell it to you any cheaper than he wants to.

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Dudersaper

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#45 Dudersaper
Member since 2007 • 32952 Posts

[QUOTE="JML897"][QUOTE="Jakandsigz"] Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.Emerald_Warrior

This post isn't relevant to the conversation I was having with thecrypticodor

You're on a message board. It's an open coversation. If you want an A-B conversation only, then that's what the message system is for.

The conversation that he was having was about knowing how to use ebay filters to find what you want, and being able to sort it from cheapest to most expensive. Jakandsig saying that the lowest price for the game he was looking for was still over 200 bucks was irrelevant to the point being made.

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Jakandsigz

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#46 Jakandsigz
Member since 2013 • 6341 Posts

[QUOTE="Jakandsigz"][QUOTE="JML897"]Sorry. I'm not going to shed any tears for somebody who doesn't know how to sort by "price lowest to highest".TheKungFool

Dang, look at that! JML might be right! The game i am looking for using the low price option is still only above $200! He must be some kind of ge- No. Not everything works with that strategy JML.



then you're looking at a $200 game mate.

either buy the game, or don't.
but there is no grounds for you to expect the guy who actually owns what you want to sell it to you any cheaper than he wants to.

The issue is that people will look at that and think that is the value. Stupid sellers are my problem, not greedy buyers. if anything people will raise it to that number or $100.
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TheKungFool

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#47 TheKungFool
Member since 2006 • 5384 Posts


The issue is that people will look at that and think that is the value. Jakandsigz


if someone has sold the item for that amount, then IT IS A POSSIBLE VALUE.

let this sink in......THERE IS NO SUCH THING AS ONE SET/STEADY "THE VALUE" FOR AN ITEM THAT IS NO LONGER AVAILABLE

for used/old items that no longer hold a set new/original price, "the value" is subjective, and DICTATED BY WHAT PEOPLE WILL PAY


Stupid sellers are my problem, not greedy buyers.Jakandsigz


I find it both shortsighted and ignorant for you to assume or infer that the sellers are "stupid".
since when is getting the most you can for your own property considered "stupid"!?

Look, I have a massive collection of vintage star wars toys I've had for years.
I'm currently putting them up for sale on ebay to help pay for university.
I'm selling them with the INTENTION OF GETTING THE MOST I CAN FOR THEM.

So say a given figure has sold for as low as $20, and as high as $40.
Lets even say that completed slaes show that the figure "on average" goes for $30.
I'm going to list my figure at or near the top/full $40.
Maybe someone will pay the full $40.
Maybe someone will make me an offer.
Maybe my item won't sell for $40, and I relist it at $30.
But why the hell would I list my item for $30 if it has a history of selling for $40!?

Point is, I'm the one who owns the item, and as the owner, it is my right to sell it for what I want.
that's not "reprehensible", and it most certainly does not make me "a stupid seller".
because more often than not, I get my price, and I wouldn't bother selling the item otherwise.

You guys that are looking for these rare or desirable retro games rarely reciprocate these magical deals you feel entitled to;
If you came across a $100 copy of "Earthbound" at a garage sale for $5, are you going to voluntarily give the guy the extra $95?
Because I have a difficult time believing that you would.









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Jakandsigz

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#48 Jakandsigz
Member since 2013 • 6341 Posts

[QUOTE="Jakandsigz"]
The issue is that people will look at that and think that is the value. TheKungFool



if someone has sold the item for that amount, then IT IS A POSSIBLE VALUE.

let this sink in......THERE IS NO SUCH THING AS ONE SET/STEADY "THE VALUE" FOR AN ITEM THAT IS NO LONGER AVAILABLE

for used/old items that no longer hold a set new/original price, "the value" is subjective, and DICTATED BY WHAT PEOPLE WILL PAY


Stupid sellers are my problem, not greedy buyers.Jakandsigz


I find it both shortsighted and ignorant for you to assume or infer that the sellers are "stupid".
since when is getting the most you can for your own property considered "stupid"!?

Look, I have a massive collection of vintage star wars toys I've had for years.
I'm currently putting them up for sale on ebay to help pay for university.
I'm selling them with the INTENTION OF GETTING THE MOST I CAN FOR THEM.

So say a given figure has sold for as low as $20, and as high as $40.
Lets even say that completed slaes show that the figure "on average" goes for $30.
I'm going to list my figure at or near the top/full $40.
Maybe someone will pay the full $40.
Maybe someone will make me an offer.
Maybe my item won't sell for $40, and I relist it at $30.
But why the hell would I list my item for $30 if it has a history of selling for $40!?

Point is, I'm the one who owns the item, and as the owner, it is my right to sell it for what I want.
that's not "reprehensible", and it most certainly does not make me "a stupid seller".
because more often than not, I get my price, and I wouldn't bother selling the item otherwise.

You guys that are looking for these rare or desirable retro games rarely reciprocate these magical deals you feel entitled to;
If you came across a $100 copy of "Earthbound" at a garage sale for $5, are you going to voluntarily give the guy the extra $95?
Because I have a difficult time believing that you would.









Here's where the issue is. Shenmue may have been talking about rare games, I am talking about games that have high print runs being sold for 4x the price and everyonelse seeing this and increasing their price near the same amount. It's the SMW and Crash bandicoot type of games, not the Earthbound and Radiantsilvergun games. But ok, you make a good point, but half these people know the games are not worth much and it's annoying.
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Shenmue_Jehuty

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#49 Shenmue_Jehuty
Member since 2007 • 5211 Posts

[QUOTE="Shenmue_Jehuty"]

 

As I said, I dont think anyone is required or should be required to sell their games at a certain price, however I find it reprehensible when sellers who know what a game is actually going for list it for way more than its current average price on Ebay and/or Amazon. Their right to sell their games at whatever price they want is not my issue, but rather the fact that actaully do overcharge is the issue. And there is nothing magical about calculating an average price, or median, or mode price, I can do it with virtually any game right now. Once I average a game price, or use the median price I have a pretty good idea of what the game is worth.

 

TheKungFool



*facepalm*

I DID NOT SAY ITS DIFFICULT OR IMPOSSIBLE TO CALCULATE A MEDIAN PRICE FOR AN ITEM!
anyone who took grade 5 math can calculate a median or average.

the point isn't that an average value COULD be calculated.
the point is THE AVERAGE VALUE HAS NOTHING TO DO WITH A PRIVATE SALE. plain and simple.

help me understand your logic here.....

some guy in who-knows-where owns a video game that is out of print and can no longer be purchased new.
he is selling the game privately on a site which does not regulate prices and is 100% at the seller's discression.
you want the item he owns.
why exactly does that seller owe you a certain price?

Sounds to me like SOUR GRAPES on your part man, no offence.

this is a capitalist economy (whether you like that or not).
thus, it is up to YOU as the buyer to either buy and item, or not, based upon your own subjective idea of what its worth to you.
but whining and crying about some private seller on a private sale site who is trying to get as much as he can for his own item is just silly and absurd.






I cannot explain this to you any clearer Kungfool, I have tried exhaustively and you either lack the capacity to understand or have rationalized your method of doing business to the point where you refuse to understand. I am done arguing with you, peace.

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LittleMac19

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#50 LittleMac19
Member since 2009 • 1638 Posts
It sucks but it's business, if I was in their position I would the exact same thing.