Saturday, February 27, 2010

Would You Pay US$41,300 For An Old Game Cartridge?

Well,not you obviously,but that's what a hardcore video game fan did.Days after a copy of Stadium Events was placed for auction,the biddings closed at a whopping US$41,300,making it the most expensive video game ever sold in history.

That is almost double the previous record holder,a Nintendo Campus Challenge cartridge bought by JJ Hendricks,an online entrepreneur and owner of VideoGamePriceCharts.com. Surprisingly,he opted out of the bidding war,as he felt that the price got too high and he was not interested in buying sealed cartridges.

But someone else didn't mind.The identity of the successful bidder is unavailable as of press time,with no plans in sight of him ever revealing himself.

JJ Hendricks reckoned he's seeing a surge in interest in buying vintage game cartridges.Since the sale of an old NES and 5 games worth US$13,500 a few months ago by a mum,JJ has seen an increasement in prices as well as traffic to his site.

So what makes this game so special?I quote directly from Kotaku,"The NTSC version of Stadium Events is believed to be one of the rarest games ever; fewer than 20 copies of the game, only one of them factory-sealed, were known to have existed before last week's auction began. Its rarity is owed to the fact the rights to it and its dedicated controller, what later became the Nintendo Power Pad, changed hands to Nintendo soon after its limited 1987 release in North America."

It is interesting to note however,that the same game in the exact same condition is currently selling for only US$7,500 on another website.However,noone can really say for sure if it's the real deal,as the only proof comes from the photo and not the headline.

Recession?What recession?

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