How much does your collection worth? $
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Gemini-Phoenix
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How much does your collection worth? $
I'm looking at my collection and at max prices it's worth about 20000$ (~400-450 games. 362 games in personal collection and around 100 for sale). I could by a new car for that money
Re: How much does your collection worth? $
IGN values my 1100 games at just under £31,500 - Bearing in mind it doesn't take into consideration the fact that almost 900 of those games are sealed and obviously worth more than their used counterparts. There's a lot of rarities in my ccollection too which bump up the total value
Gemini-Phoenix- Moderator
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Re: How much does your collection worth? $
Gemini-Phoenix wrote:IGN values my 1100 games at just under £31,500 - Bearing in mind it doesn't take into consideration the fact that almost 900 of those games are sealed and obviously worth more than their used counterparts. There's a lot of rarities in my ccollection too which bump up the total value
over £30k worth of games thats insane! cant wait to see pics of that collection
bballno1- shrinkwrapped (with holes)
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Re: How much does your collection worth? $
wow 900 sealed games! tonn of cash invested i guess. J30000 is obscene! WOW! That's amazing...
Re: How much does your collection worth? $
My sealed collection has 441 titles at the moment (and over 1,100 opened titles, but some are doubled-up; for example, I have both sealed and unsealed copies of Final Fantasy XII, in both US regular and US limited edition, meaning that I have two sealed titles and two unsealed titles, but really only one actual *game*).
Anyway, my back-of-an-envelope calculation suggests that the sealed part of my collection is worth about US$20,000.
It's hard to calculate the value with any accuracy, of course. A shortcut I often take with my valuing is to simply value them at their original retail price (if they're still sealed). This ignores that fact that, sometimes, I bought it on eBay for pennies, but also that sometimes I paid a king's ransom. Also, that some games have gone down in value (whether I paid more or less than retail price when I actually bought it), while some have gone up. Given the balance between rare and common games that my collection has, it actually often works out almost the same (within a thousand dollars or so either way).
(For those who doubt this, that formula makes my sealed collection worth $22,050 - pretty darn close to the much more thoroughly researched estimate above).
Curiously, my "target" collection (ie; all of the games I ever intend to own) is calculated as costing me another US$200,000 to complete, even though it is only about another 4,000 games, and less than 1,000 of them would be sealed. Most likely, that's because my target collections includes things such as of arcade machines, which get included at up to US$5,000 each. Which is probably why I only have three at the moment…
Anyway, my back-of-an-envelope calculation suggests that the sealed part of my collection is worth about US$20,000.
It's hard to calculate the value with any accuracy, of course. A shortcut I often take with my valuing is to simply value them at their original retail price (if they're still sealed). This ignores that fact that, sometimes, I bought it on eBay for pennies, but also that sometimes I paid a king's ransom. Also, that some games have gone down in value (whether I paid more or less than retail price when I actually bought it), while some have gone up. Given the balance between rare and common games that my collection has, it actually often works out almost the same (within a thousand dollars or so either way).
(For those who doubt this, that formula makes my sealed collection worth $22,050 - pretty darn close to the much more thoroughly researched estimate above).
Curiously, my "target" collection (ie; all of the games I ever intend to own) is calculated as costing me another US$200,000 to complete, even though it is only about another 4,000 games, and less than 1,000 of them would be sealed. Most likely, that's because my target collections includes things such as of arcade machines, which get included at up to US$5,000 each. Which is probably why I only have three at the moment…
The Imp- cartridge+manual
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Re: How much does your collection worth? $
I think that if you value most your sealed games at half of their original RRP, then law of averages balances out the ones that are worth considerably less with the ones that are worth a small fortune - Therefore the £3 Dreamcast cheapies are balanced by the £80 PS1 rarities
Gemini-Phoenix- Moderator
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Re: How much does your collection worth? $
I shudder to think how much money I've spent on Metal Gear - I don't even want to know.
violentsnake- cartridge+manual
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Re: How much does your collection worth? $
i would guess my collection is valued at about £8000 ???
cant believe i've spent so much on sealed games i must be mad
cant believe i've spent so much on sealed games i must be mad
happyheed- shrinkwrapped (flawless)
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Re: How much does your collection worth? $
> I think that if you value most your sealed games at half of their original RRP, then law of averages balances out the ones that are worth considerably less with the ones that are worth a small fortune - Therefore the £3 Dreamcast cheapies are balanced by the £80 PS1 rarities
Oh, absolutely - if you buy every game for an entire system, or a similar pattern.
But the formula, in my case, was based on what I had decided to collect, and it just so happened to work out that 100% original RRP per game, is about what it's worth.
Also, it might be tilted that way because of the particular titles that I have right now, because I focus on buying the rarest games first. That is to say, that in the future, the value of the collection will gradually slide away from 100%, perhaps indeed to 50%.
Anyway, I was just saying what works for me. I noticed the pattern once, and every time I've checked it against my proper calculations since, it always seems to still come up within 10%.
Oh, absolutely - if you buy every game for an entire system, or a similar pattern.
But the formula, in my case, was based on what I had decided to collect, and it just so happened to work out that 100% original RRP per game, is about what it's worth.
Also, it might be tilted that way because of the particular titles that I have right now, because I focus on buying the rarest games first. That is to say, that in the future, the value of the collection will gradually slide away from 100%, perhaps indeed to 50%.
Anyway, I was just saying what works for me. I noticed the pattern once, and every time I've checked it against my proper calculations since, it always seems to still come up within 10%.
The Imp- cartridge+manual
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