As time passes, the prices of retro video games has been climbing. Despite the price rising, the demand to purchase them has largely remained the same. Unfortunately, this has resulted in a situation where price gouging has become more noticeable or, in the case of a game that released more than 20 years ago, they’ve sold for very abnormal prices.
Popular auction house Heritage Auctions recently concluded an auction of a sealed copy of Super Mario 64. In fact, the sealed copy was in such an amazing condition that the WataGames gave it a 9.8 rating on their scale. There is less than 5 sealed copies of this game in this condition, and it resulted in the copy selling in the auction for $1,500,000.
This price has broken a new record for a single video game auction. Amazingly, the previous record-holder had managed to do that only a few days ago. On July 9th, a rare copy of The Legend Of Zelda on the NES sold for $870,000. The record-holder from before that was an NES copy of Super Mario Bros that sold in April for $660,000.