Collecting neo geo home carts and MOTU,benefit of price guide

FTL

AES Price Guide Analyst, International Moderator,
Staff member
Joined
Sep 27, 2000
Posts
2,489
Been collecting vintage master of the universe action figures lately and immediately noticed that the lack of a price guide does encourage a steep price escalation for rare pieces.

I was after in particularspecial giftset called battle for eternia.
I knew it was very rare but didn't know right amount to offer to get it,then I asked some experienced masters of the universe action figure collectors and they told me it is worth around $1500 or so.
That prevented me from bidding over $2000 to try to win it.
Have a look:
<a href="http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1923677378" target="_blank">http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1923677378</a>

And I could single out more and more MOTU inflated auctions,where bidders bid just too much not knowing real market value of the toys.

Now,if we look at the neo geo collecting and playing scene,we got a quite clear picture of the price but ,AND THAT is the most important thing,even a newbie won't pay $400 for a world heroes perfect japanese or $3000 for a Metal slug 1 jap.

Infact a lot of newbies are entering the neo geo market,especially the local market(i.e. NOT internet market) and they can have immediately an idea of correct price for each home cart.

So,all those taking shots at the price guides should realize that the guide is just a guide.

Feel the price is just too high?Don't pay it and be happy.

BUT,and it is a big BUT,all benefit of the guide shows up clear when it is used by newbies to avoid getting ripped off or cheated.

Usefulness can be found also for not experienced sellers,who will not have bad sales due to ignorance of real market price.

Finally,2 thoughts for 2 members.

Cole:comparing toys to videogames is really fitting the situation since they are both COLLECTIBLE item,nothing more,nothing less.
To play a game,and just to play,you can be content with a loose MVS cart(even a bottleg)or a loose home cart.

Garou-d: I do appreciate your long and well constructed posts about deleting the price guide.
If you feel it's price guide 's fault if price of some home carts are high,YOU can hit the market.
Follow this simple lines:

SELL YOUR BEAUTIFUL SLUG 1 home cart for $100 or 500,as you feel better.

I WILL update the price guide,lowering a bit Metal slug's quote basing the update on your sale.

Thanks in advance for your help.

[ January 17, 2003: Message edited by: FTL ]

[ January 17, 2003: Message edited by: FTL ]

[ January 17, 2003: Message edited by: FTL ]</p>
 

FeelGood

So Many Posts
No Time
For Games.
Joined
Aug 18, 2001
Posts
17,794
I'm on the same page with you Simone. I mean, if someone actually looked at the price guide, they might be more apprehensive about a $600 buy it now on Magical Drop III - but if they have seen the guide, and see a $600 BIN, at least they can make an educated decision on whether or not to buy it.
 

Tarma

Old Man
20 Year Member
Joined
Nov 7, 2001
Posts
7,181
Originally posted by EvilWasabi:
<strong>I'm on the same page with you Simone. I mean, if someone actually looked at the price guide, they might be more apprehensive about a $600 buy it now on Magical Drop III - but if they have seen the guide, and see a $600 BIN, at least they can make an educated decision on whether or not to buy it.</strong><hr></blockquote>

$625 BIN actually Mr. C. <img src="graemlins/glee.gif" border="0" alt="[Glee]" /> <img src="graemlins/glee.gif" border="0" alt="[Glee]" /> <img src="graemlins/glee.gif" border="0" alt="[Glee]" />
 

Ramad

,
Joined
May 30, 2002
Posts
315
It's too bad that that scenario wouldn't work. If it did, I would actually be one of those folks who wouldn't mind selling games like blazing star for 250, magical drop 3 for 300, and metal slug x for 200. But I know that wouldn't affect the price guide at all. It wouldn't affect the "neo market" any. All it would do, is give some user a reason to come to the forums and gloat (hey guys, some crackhead just sold me Last Blade 2 for 150! I'm gonna turn around and sell it for 3 times as much!)
As long as folks with money to burn are willing to pay stupid amounts of money on these games, they cycle will continue. That price guide is only a rough estimate of what the market truly reflects.

I will not go back to the pipe,
Ramad
 

HPMAN

UI resident
Joined
Sep 12, 2000
Posts
1,028
Well, it would be true if price guide was actually MAKING the prices, not FOLLOWING them...
 
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