Neo-geo.com Official WTF NEO Auction Thread

J

jurisprudence

n00b
Joined
Aug 15, 2015
Posts
6
xorthen said:
Even the japanese are taking advantage of these retro kiddies.
Click to expand...

It seem to me that saying "taking advantage" is a too strong. It's like saying 1OZ of gold is a rip-off at $1160 (8/21/15 price) when I bought it for $300 an ounce 15 years ago. Further, most, although not all, of the sellers did not buy their stock years ago, but got it more recently, and paid more than "old school" prices to be it to resell. If I sell a game from Japan on eBay for $500, I probably paid $250 to $300 to get it on Yahoo Japan to get it and then I have eBay fees of 11-15% of the overall value. These guys are making money, but it's hardly a rip off, see for yourself: $500 seller gets by selling item on eBay- $250 item cost - $75 for eBay/Paypal fees = $175 profit. It's a good profit of 35%. Finally, who knows how long it will sit before selling. Prices are what they are for a good reason.

Alternatively, if someone bought their collection in 1996 through 1999 when Neo prices were depressed, and resold today, no one would say a word (e.g. A person buys Metal Slug 1 for $150 during that time and resells it today $3500).

Prices are what they are but there's not taking advantage, at least in my opinion.
 
J

jurisprudence

n00b
Joined
Aug 15, 2015
Posts
6
jurisprudence said:
It seem to me that saying "taking advantage" is a too strong. It's like saying 1OZ of gold is a rip-off at $1160 (8/21/15 price) when I bought it for $300 an ounce 15 years ago. Further, most, although not all of the sellers did not buy their stock years ago, but got it more recently, and paid more than "old school" prices to be able to resell it. If I sell a game from Japan on eBay for $500, I probably paid $250 to $300 to get it on Yahoo Japan to get it and then I have eBay fees of 11-15% of the overall value. These guys are making money, but it's hardly a rip off, see for yourself: $500 seller gets by selling item on eBay- $250 item cost - $75 for eBay/Paypal fees = $175 profit. It's a good profit of 35%. Finally, who knows how long it will sit before selling.

Alternatively, if someone bought their collection in 1996 through 1999 when Neo prices were depressed, and resold today, no one would say a word (e.g. A person buys Metal Slug 1 for $150 during that time and resells it today $3500).

Prices are what they are but there's no "taking advantage", at least in my opinion.
Click to expand...

How does one edit a post?
 
novorod

novorod

n00b
Joined
Aug 13, 2015
Posts
5
Yagyu Jubei

Yagyu Jubei

Dodgeball Yakuza
Joined
Feb 16, 2001
Posts
641
jurisprudence said:
It seem to me that saying "taking advantage" is a too strong. It's like saying 1OZ of gold is a rip-off at $1160 (8/21/15 price) when I bought it for $300 an ounce 15 years ago.
Click to expand...

That could be a thread on its own: Better investment? Gold or AES carts?
 
You must log in or register to reply here.
Top