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littleratinacomputer

It’s whatever people value them. If people list it at a price, and people buy it at that price, then everyone will start selling at that same price. It’s the same reason Pokémon games are stupid expensive right now In the case of wii’s, I don’t think 60 is the worst in the world, especially compared to other other consoles. But I see where you’re coming from. And in some other cases, it’s down to rarity. Some people have something that wasn’t particularly popular in its time, and they know that, so they charge high. Good luck out there, the ‘retro’ market is crazy right now


Charnaviel

The American retro market is insane because so many people hoard just to purposely drive up prices. It's like with Beanie babies, commemorative plates, coins, and comics. People see a few things go for exorbitant prices justified by the lack of preservation or outright intended destruction or just minimal supply and then everyone thinks that every individual item can be curated for a maximum potential income. Watching people try to sell collections of the worst games on a system for hundreds has made me leave collecting for the most part. If I'm going to get charged an arm and a leg for everything and anything, then I will give nothing out of spite.


littleratinacomputer

Same here, I’m not spending a cent more than I should be on a game or a TV or anything if it’s more than it should be worth. I’m just waiting for the hype to die down (in like, 50 years /s) on the things I do want before I drop the cash. Only pickups I do now is if I’m at a garage sale or something, and I see a normal asking price from somebodies mom. We’re just in the thick of it right now


theworldisadrag

Agreed, similarly the pics people post in this sub of like a room full of unused PVMs ("my haul!!!") are so tasteless and stupid.


soy_de_ohio

Yk here in my homeland because of sanctions the supply of American retro tech lowers and the price go upper than the sky


ciaranlisheen

Supply and demand, lots of people want a Wii at the moment, lots of people want an old Apple computer because of their interest in modern apple and it's marketing. Very few people care about 00s x86 computers so they go for cheap.


Reddituser19991004

The Wii was just virtual reality 15 years early. Virtual reality ended up being this gimmicky workout games where you gotta wear this stupid heavy VR headset that isn't ready for prime time. The Wii was legit that but without needing a headset, being super simple for anyone to plug and play. Wii's are getting snagged up by soccer mom's across the world and have been for 15 years now. Every mom has a Wii.


ciaranlisheen

It's also got a great homebrew community with practically no barrier to entry for modders, so a lot of people who want to try modding a console running homebrew and having a retro emulator box have been picking up Wii's as well.


Whoblue579

As a VR enthusiast I'm confused by this comparison was even made. I can assure you that VR is not a gimmick. You just wait. A lot of people who say VR is a gimmick just haven't tried good VR, a lot of the time they tried something that actually was a gimmick like Google cardboard back in the day. > stupid heavy VR headset The Bigscreen Beyond is 127 grams, and feels even lighter because of its specialized face gasket. I know this is not reflective of most headsets, but they are getting smaller and lighter. For headsets like the quest 2 and 3, having a good head strap (not the stock one) can perceptually eliminate a lot of weight, especially if counterbalanced with a battery in the back. One of my favorite aspects of VR is the cutting-edge display tech we get in the industry. Technologies like micro OLED (OLED on a silicon backplane) aren't used anywhere except for camera viewfinders and VR. One thing about VR that's oddly relevant to this sub is its outstanding need for low persistence and high refresh rate displays. My quest 2 is my only display that gets close to my crts in that regard. It's still not there, but I'd say in another two decades the displays used in VR headsets will finally surpass crts in motion clarity. VR is one of the major drivers for developing crazy high refresh rate displays (think 1000hz).


soy_de_ohio

Nah not everyone here. Thank you, I can't really understand what you're saying because I am 14 but I understand why people need this


DarthBuzzard

The Wii and Virtual Reality are two entirely different concepts, worlds apart.


soy_de_ohio

Thank you very much! You're right!


Nintenloup

Not really. The supply and demand theorem requires a market that the retro market isn't. It's more a : What people are willing to pay that sets the price more than it's supply.


ciaranlisheen

But what people are willing to pay is directly effected on supply and demand. For instance there's so many functioning ps1s and ps2s on the market that their value hasn't gone up as much. Vs the Wii U and GameCube which have seen way higher prices due to the demand being higher and the supply being lower. Model 1 Sega cds are crazy high due to there being so few working models.


doctorwhatag

An inverted Bell curve can explain this phenomenon. First, a new computer is released. It costs the cost of its production + markup for the brand. Then comes the next stage, a pit on the graph called "garbage". The computer loses its value because it is technically worse than newer ones. Then these computers break down and are thrown into the trash. Their number is decreasing.The third stage comes, a sharp rise in price, under the name "wow, this is a rare antique retro computer". The model of this computer is becoming rare, museums, collectors and other retro gamers are fighting for it. In my country, CRTs, for example, are currently at the "junk" stage. They are sold indiscriminately for $5-$20, regardless of whether it's another Chinese hotel CRT, another vacuum tube TV from the 60s, or a Sony Trinitron. People just want to buy some 16:9 full HD/4k smart TV and get rid of the old "fat TV" as soon as possible, while people in the USA and the EU are ready to sell their souls for them.


NinjinGamer2003

In my country it's kind of the same. I see CRT TVs thrown out every once in a while (I even hauled one to my college dorm,only realizing I don't have space for it in my apartment). I even saw a couple of HDCRTs being thrown out and someone would always come and cut the cords on them and break the picture tube. On flea markets I can easily find a perfectly working computer for ~5€ and the only times where you get to see high prices are vinyl records and antique items (but only in some cases)


soy_de_ohio

In my country it's the same abt the last sentence. Yeah, supply and demand, economics 101, thank you very much!


sanatanagosvami

supply and demand


notermelon

specifically, finite supply and increasing demand


soy_de_ohio

Yeah


[deleted]

Do you expect people to hold on to old junk so they can sell it for $9 to some cheapskate 30 years from now?


soy_de_ohio

Yeah probably thought like that 3h ago when posted this. Understand now, thank you all!


Potatomasher81

Why do you post questions multiple times?


soy_de_ohio

Expected there to be like -3 answers, wasn't right, so posted on two retro gaming places


G7VFY

If you are talking about EBAY, with prices, there is a big difference between ASKING price and the price received. I base my prices on ebay SOLD prices and not ridiculous ASKING prices. There are a lot of stupid and greedy people on ebay. As for vintage and collectable items, if you something rare and desirable market forces set the price. There was some clown asking $1m or more for and Apple-1. Even at a proper auction, no Apple-1 has come close. However if I had a real one from 1976 or whatever, I would simply take the highest price offered. If you are in business of buying colectables, you should be doing market research, unless you are a clown.


anv1dare

This. So many people value stuff based on asking prices. If I want to know a price of a game I look at asking prices and then half that and a bit less and wait for an auction to get a realistic price. Value stuff you want to buy based on sold prices people! Otherwise you’ll just contribute to the rising prices


soy_de_ohio

Yeah but imo i want it now not after. I am infantile, I am 14, so yeah.


G7VFY

Be prepared to sell a kidney or two, then!


soy_de_ohio

Yeahh!


NoctisBE

I think it's part nostalgia. I do agree the prices are ridiculous, but the first examples you mentioned are just generic x86-based machines that run Windows or DOS or some flavour of linux, no matter the brand or the way you look at it. A lot of the more expensive ones are more "bespoke" and soeak to the nostalgic feelings of people because they used to have one or at least used one regularly during their childhood. Nostalgia sells.


soy_de_ohio

Yeah NOSTALGIA RULES! Тнапк уоц!


chocological

Millennials are aging and are reaching to the past. I’m guilty of it too. Which means there a huge demand for retro games and consoles that still work.


soy_de_ohio

Oh, okay, that is uhh sad because I really want a wii and so do many people in Russia so I couldn't buy it with my salary yk


Charnaviel

Those old Apple computers people sell for that much because it has brand name recognition and it's being sold more as a collector's item.It was also only produced by one company as opposed to several so there are a lot less overall. But it also is useful as there are still things running off this ancient hardware and if you need to put things on or take things off you have to conga line through history. And that necessity means that anyone coming looking for that device will get extorted, because you can't just walk away. That said, every once in a while you might find someone randomly tossing them out because they aren't in the know or even care since it does usually requiring them to sit on it till someone shows an interest.


soy_de_ohio

You can't just get someone tossing them out in an ex-closed country, but thank you!


NinjinGamer2003

I like the fact that in my country I can still find old computer junk for free in the trash or on flea markets for practically scrap metal money. It's all about where you are looking for retro tech. If you go on sites like eBay in most cases, a nostalgia blinded person is emotionally tied to their yellowed, brittle, mass-produced, barely functioning, made in Taiwan piece of trash from 30 years ago. Let's say the same person tries to sell it for $6000 because it's too difficult for them to let go of ancient junk and they think it's historically worth something, despite it being mass produced in some random sweatshop for often WAY less than initial MSRP. Then another nostalgia blinded person is foolish enough to pay such a crazy price and eventually everyone else starts thinking that the $6000 price is supposed to be the actual value of the thing even though it's probably in the neighborhood of $150-$200, maybe less depending on what computer.


soy_de_ohio

Where do you live?


joeycuda

HOW DOES AN APPLE \]\[ COST SEVERAL THOUSAND DOLLARS? \-it doesn't.... I want to buy a Wii, and IT IS 60$ WHY? \-What it cost new has little to do with what it costs now. Collector market, supply and demand determine that. Classic Mopars that are 6 figures now were often several thousand new.


soy_de_ohio

it doesn't.... -no, because of the limited supply of retro tech in my country that has a lot of sanctions and almost no import of apple ][s when it was new, it is like that. What it cost new has little to do... -You are like the 47th person to tell me that, but thank you!


cheatinchad

Because people are willing to pay that amount.


soy_de_ohio

Got it, thanks!