A factory-sealed copy of Super Mario Bros. sold for a record $ 2 million, making it the most valuable collectible video game … yet.
Collectibles site Rally announced the sale on Twitter today, as Polygon reports, and $ 2 million is now the highest price paid for a video game in video game history. However, this sale was not a typical video game auction – the anonymous buyer essentially bought the game from the shareholders.
Punks, X-Men, Declarations, and some news …
🏆 A NEW WORLD RECORD in Rally
… with the $ 2,000,000 sale of our 1985 Super Mario Bros., marking the HIGHEST PRICE EVER PAID for a video game of any title.
– Rally (@OnRallyRd) August 6, 2021
This is because Rally is different from traditional auction sites. Rally sells shares of collectibles to investors, and then when those collectibles are sold to buyers, shareholders receive a return on their investment. So in this case the buyer bought the factory sealed limited edition print of the Super Mario Bros. original for only $ 2 million after the collector’s shareholders approved such a sale.
The New York Times reports that this sale of $ 2 million allowed shareholders to receive a return on investment on their shares of about 900%. That’s a lot of gold coins.
If $ 2 million seems like a lot of money for just one game, it is, but this copy of Super Mario Bros. professional quality really worth that much money? For the buyer, it would seem that the answer is yes. For the larger collectible video game community, however, this is a matter for debate.
Kotaku recently released an excellent report on the recent surge in collectible video game sales records, which appear to be broken every two weeks at this point. In it, they spoke to Deniz Kahn, CEO of Wata Games, a company that specializes in ranking video games. Kahn explained that it’s really not clear how far collectors will go to get the highest quality product possible.
“Reaching the best known example from the state’s point of view leads to a certain type of collector behavior, especially the collector who wants the best,” Kahn said when asked about a record 1 sale. , $ 5 million from Super Mario 64. “All that being said, this price is still shocking, but shows the level of emotion involved in how prices are achieved in an auction scenario.”
Kahn continued and said it comes down to the economics of competing buyers: if they want enough of the best collectibles possible on their shelf, they’ll go into an auction as a result, which often means spending money. record money.
This $ 2 million sale of a copy of Super Mario Bros. comes just months after the sale of a similar copy of Super Mario Bros. for a record amount of $ 660,000. At the time of this sale $ 660,000 was unheard of and as you can see that number has been eclipsed within months.
Between that $ 660,000 sale and this new $ 2 million sale, a sealed copy of The Legend of Zelda held the record for the most valuable collector’s game of all time after being sold for $ 870,000. Then, less than a week later, a sealed copy of Super Mario 64 broke that record with a sale of $ 1.56 million, nearly double the previous record.
This $ 2 million sale of Super Mario Bros. is the new record holder at the moment, but who knows how long it will last? Maybe a sealed copy of SSX Tricky will sell for $ 3 million next week – okay, probably not, but if someone has spent that much on SSX Tricky, could you blame them?
Wesley LeBlanc is a freelance news writer and guidebook maker for IGN. He loves SSX Tricky and would rather play games than spend millions on them, but he doesn’t have a million dollars so what does he know. You can follow it on Twitter @LeBlancWes.