What do you think about Wata's population report so far? Do you believe the numbers? Why do you think they have not released their numbers for all consoles? Check it out here: www.watagames.com/populations/nes/
hey Pat n Ian, I have a bunch of sealed games I bought like 15 to 20 years ago. One in particular is a snes mario kart original print I bought for like $38 nearly 20 years ago in what I would consider excellent condition (just below near mint). How many of those, ball parking, do you think there might be, how many have you seen over the years- not the million seller? I haven't seen many, but I've seen a non graded on ebay right now, asking 60k, in about the same shape as mine is in. If they graded it (mine's not graded either), they probably could get the 60kish I'm figuring. Don't see many of those over the years.
I'm thinking I'll slab this video- have a friend give it A+ with a 9.8- And give my friend at an auction house a Sopranos envelope- Gonna make bank on this!
I'm very sure that WATA would never try to control any narrative regarding the scarcity or population of a game, which in turn would increase or decrease a game's price.. noooo... ;)
Keep in mind that these companies also have massive backup of games and cards to grade. Up until they got exposed, more people than ever were submitting for grading. These numbers will only climb I believe
This assuming that is a real difference between anything graded 9.4 or higher, which there really isn't. You very likely couldn't tell the difference between a 9.4 9.6 or 9.8 without looking at the grade. In the coin market, they always say "grading is subjective" and "pay for the coin, not the grade" because there is a lottery factor to how high anything gets graded. You can resubmit the same item multiple times and get multiple grades. I can almost guarantee that's happening with these highly graded games too.
I don't own video games, I don't play video games, the jobst video Opened this whole collectables in gaming to me, and it has been really interesting to me. You guys are passionate about this shit, and I can't help but respect it. Keep it up lads
How do you factor in people that got WATA slabbed games, didn't like the grade, and cracked it... then re-subbed it either for a better or the same grade... or never entered back in the WATA pool?
People are stupid to waste their money on video games. There is nothing special about them other than nostalgia. With the economy the way it is, it's best to only spend money as necessary.
The funny thing is this market seems to only be effecting 8bit and up. I recently reached out to HA with a fairly large list of sealed Atari games and they scoffed at me because it wasn't currently valued at 10k...which is their new threshold to be able to list with HA...your collection needs to be valued at 10k + to even sell. Also, this is all gatekept by WATA, of which you can't get certain games graded because they don't have boxes that fit...such as the 2600 Mystique titles. At this point they DO NOT accept non WATA graded games to sell, unless you negotiate the titles be added with your sealed collection.
just because we only graded 300 doesn't mean that only 300 exist. We better just hide this so people perceive it as rare. yeah, ridiculous not to do population reports because rarity is key. Being one of only two grading services for video games.... Regardless, I'm a video game fan who keeps and collects games to play but I would never trust Wata scoring or send them anything for grading. Even under new ownership. side note: what I find strange is that, unlike art, this is a physical media and as such will not last forever. Just like other fields I'm sure there's ways of protecting from degradation but at the end of the day this isn't wood, canvas, etc. This cartridges will not last centuries. I also understand these graded boxes are sealed so they receive no new oxygen so degradation should be slowed but still... with a life expectancy of 50+ years we're already nearing year 40. Lastly, video games are not art. While they may be works of art they are games. Something that is meant to be played, enjoyed, loved, etc. 2 cents
A lot of those high grades could be games returned after being unslabbed for a higher grade. It would be nice to see verification photos etc of the items, to see distinguishing marks etc to see if any have been regraded
Wow, I'm surprised to see that one of my sealed NES games has only 2 graded...I'm not sure if anybody else looked up their collection and found something rarer than they thought it was. We'll see what VGA says eventually though but their population has to be at least double or triple what WATA says.
The plastic/seal is measured by the letter grade. But WATA obviously doesn't even follow its own published guide for grading the seals, as there are a number of pictures of graded games that were given letter grades much higher than WATA's own guide says the game should receive.
I have a 7.0 WATA graded Sky Kid CIB. The fact that somebody had that graded is hilarious to me. I bought it simply bc I would like certain games from my youth to be able to show, definitely not for monetary value. Grading it probably cost more than the game.
This might be a bit out there but I find it interesting that WATA releases a population report just ahead of Karl Jobst’s follow up video about the sealed games controversy, WATA, Heritage Auctions etc. I’m sure it’s just a complete coincidence but still very interesting timing!
@@4gn3 typical answer and not surprising, please enlighten me how the new video has anything new or groundbreaking? You guys keep clicking on this stuff and believing it like it's gospel is far more hilarious to me than you thinking wata is paying me while Karl lines his pockets off his views. He's a speed runner who got lucky with you people pumping him up so he's trying to do it again. It's evident with this latest video which was rehashed trash
honestly guys? there are over 2700 graded jordan rc per psa pop report...have you seen those prices?? claiming there are TONS of copies of a game when MILLIONS were made and there are 200 graded isn't a ton imo....
@@xdjrunner You can say that for literally anything about the unknown. I’m just willing to take a risk and bet that this market will grow, if you don’t I respect your opinion.
I don’t think prices are coming down at all. The grading industry has changed every aspect of collecting. It will be years (if at all) before this market for graded games collapses.
237 Super mario 3s?!! Omg, so Many!!! Come on, just stop. The game everyone sends in, and only 237? Theres a lot more than 237 people that would want to own a sealed mario 3. Even if we say theres more, say 500. Youre telling me thats a lot? Come the fuck on.
You need to understand people crack them and resubmit hoping for a better grade which increases the pop count as they don't send the label in also to remove off the pop.
same thing has happened with Pokémon cards the backlog is insane PSA alone has over 1 MILLION! cards backlogged to be graded. no chance would i be buying anything graded wait for all those slabs to hit the market.
They didn't want to release population reports because it would hurt their credibility, and it would harm the bottom lines of Halperin and the other principles of Heritage Auctions and WATA. These reports will show how many copies of these games are out there, meaning the $2 million Super Mario Bros game isn't as rare as it was thought, meaning it's no longer worth the $2 million that was paid. I said this on Jobst's latest video, but it bears repeating here. The less rare something can be proven to be, the more valuable it's going to be. The NWC Gold Cart, for example. Everyone in the community knows that there were ONLY 26 of those games made. So there are only, and will only ever be, 26 legitimate cartridges of that game. So, when an authentic copy of the game comes up, we KNOW it's rare, so we EXPECT to spend more for it. Now, let's look at SMB. That's about as common as you can get. It's like the Grass Energy cards in Pokemon. But let's suppose there were 100 million copies of the game released. Of those copies, say 80 million were sold. That would mean that there are, potentially, 20 million sealed copies of SMB in existence still. If that kind of information is KNOWN, a collector is not going to pay insane prices for a WATA graded copy when they know they're 20 million copies out there they could get their hands on and get graded themselves, saving them tons of money while still giving them the prestige of a graded game. For the longest time, WATA did not want to release these reports because then there would be no knowledge of how many copies of these games there are. Keep in mind, also, Jobst shows in his latest video that Jim Halperin, founder of Heritage Auctions, also has a position in WATA at the same time. So it is in HIS best interests to keep the consumer in the dark so the auctions of WATA graded games can reach higher prices, meaning his auction house gets a bigger cut. But, likely because of the backlash from the expose's out there, WATA finally does something a LEGIT grading company should have done from the beginning. What's going to happen now? Well, as you guys said a couple times when talking about how much these games sold for, not anymore. I'd expect the prices on these games to come down since now people can more easily see what is actually out there. When something is not as rare as it seems, it's value goes way down. So, to the guy who bought the SMB game for $2 million, you got played. Have fun with your multi-million dollar loss. You might want to sell that game as fast as possible before it goes below six figures.
I have long thought the same thing. If you are a grading company, the real money does not come from grading legitimately rare items. It comes from grading many common items that people think are rare and special. The SMB 64 auction was designed to get everyone to think they have gold in their hands, and send theirs in for grading. I think we will get N64 pop reports last out of all the pop reports. They will trickle out pop reports like they are trickling the games back to their customers.
When CGC enters the grading of video games next year, WATA will be quickly forgotten. So their conmen at Heritage will be auctioning off as much as possible.
Those grade ratings I.e. 9.6 , 9.8 etc. is all rubbish at WATA . There’s been so many examples where they have been giving higher ratings even with breaks in the seals.
Yeah and I’ll betcha when they’re grading for friends and associates they are more generous with the grade they give. Self appointed authorities like WATA are basically a law unto themselves. Their grades only mean something because people are duped into believing they do.
I would tend to agree that some data is better than no data. I think the issue is that population reports could very easily be completely inaccurate. I'm not super familiar with game grading cause I think it's completely stupid, and while I think MTG grading is also stupid I'm a bit more familiar with it. It's common to re-grade items when you don't get the grade you wanted. It's also not uncommon for people to buy lower graded items and then crack them and try to increase their value but gambling on a higher grade. The problem of course is that all these companies will just be adding +1 to the list for each time they see a game. It's totally possible for them to add the exact same copy of a game to the list multiple times. I certainly don't mean to imply this is an excuse for not releasing the numbers. My intent is more to caution people that the numbers may be inaccurate buy factors difficult to determine. That said if someone out there knows better how this is done and can explain how this isn't an issue or if there's some way the above doesn't happen I'd be delighted to learn more.
I feel WATA is silly for all of the sealed nonsense. But honestly, if I had an NWC cart I would send it in to get graded. I’d like to have it authenticated/slabbed. I’d never play it in fear of damaging it. It’s strictly a collectors’ trophy piece anyway.
I like you guys, but claiming that these pop numbers are large makes you look silly. You need to do more work studying collectible markets and basic economics before commenting on this stuff like experts.
You think a population of 40+ and a price of $10k is bad but there are 21 million bitcoins priced at around 50k a piece and they are just digital code on a ledger. Other people drop $2k on a bag that's produced 10s of thousands of times. The beauty is in the eye of the holder my friends, let's not criticize them. The sealed market are for people with a lot of expendable income. If you like gaming, just play roms?
If these numbers are to be believed (and I don't think they are), then these games ARE super rare. Look at any population report for rare collectibles. Anything that is a) super popular and b) in double digits populations result in really high prices. Look at the 1893-S Morgan Dollar for example. That being said, I do not believe these WATA population numbers. They look grossly incomplete.
That is only a list of graded copies. I'm sure there are plenty of copies out there sitting in closets that are sealed. or maybe there is even a warehouse of sealed gamed that were never reported.
James, sometimes you can’t help the unwilling and the ignorant. Unfortunately, Pat and Ian’s lack of understanding of collectible markets make their videos about collectible games laughable.
Only because of Karl Jobst videos 🤣 no way this list is accurate. I hope yall keep giving these guys pressure. They tryna inflate video games, just like they did with coins.
If there are 157 sealed Super Mario 1s (right now) then that N64 population report is gonna be a shit show. They've probably 300 sealed SM64s. Maybe even more after the one sold for a million.
Even if it's not forged. Most people who have video games don't take the time to report it to a website. So there are millions of old video games unaccounted for.
@@EliteGamersUnited I doubt they are legit. They know their business model would fall apart if people knew that the video games they auction are not that rare.
Also fuck any argument made by anybody caring about the grades of these Wata games, a 9.8 is NOT important. i get what Ian is saying when he says "a 9.8 is the big number here, the important one"; Im not arguing that with him - because it artificially is -- that it has artificially been made to matter. So yeah if i want max value today, i want a 9.8 or nothing and people resubmit to get this fairly arbitrary grade - unfortunately its been manipulated to matter. But in most other rare collectables, you dont get perfect items. There arent 9.8's of basically any old book or comic book. Time itself would take care of that on the paper and the staples and the bindings. So to artificially need a 9.8 just means that there are SOOOO MANY basically perfect ones that they had to arbitrarily make a category that made a very common thing less common. We see this with the stupid NES collecting of 5 screw games and such. There are 120 nice Jaws NES carts on ebay for $5 now. But oh ho ho, we need to make it collectable some how, so an early run with a different amount of screws is like $100. And there are still a lot of those around. So its totally stupid, it doesn't affect the game at all, and is so strange. A 9.6, a 9.4, hell an 8.8 is going to be a very nice copy that in other mediums would be more than enough to satisfy. So to me, the "needing it to be a 9.8" shows how fake and manipulated this all is. If you really step back and logically think about it. the plastic around a video game really does not matter. its insane.
Some of these NES games are titles that were blown out for $5 at Toys "Я" Us and KayBee back in the mid '90s. Obviously someone was sitting on cartons of them and probably sold to these scumbags.
There are more CGC graded Amazing Fantasy 15s than there are of the entire top ten WATA graded games combined. Solely in terms of scarcity, I don't think we have the correct perspective here.
Only an idiot would pay more than a few hundred bucks for a common video game. There is nothing special about those games. There are probably hundreds of thousands of cartridges out there in this country alone.
Is it bad that the prices of sealed games are high.Yes. But if someone is stupid enough to buy it for a extremely high price then let them. Thats all part of sales. There's only a few places out there that are honest about prices.
@@dmagin777 no, I have no interest in graded games. But the knock on effect has hit the whole hobby. I just play/collect, most people grading games are “investing.”.
@@StabStabStabStabby I heard the everdrive can overheat your console. I like buying the games that I can add to my collection. I would rather pay $30.00 for a reproduction cart then $800 to $8,000 on a real one. It's the same game after all.
Yeah because the new one was so eye opening lol. There was nothing new in that video and the lawyer he brought on there was so boring I was glad when it was interrupted by a commercial. Yawn...speed runners should stick to that but believe what you want
What do you think about Wata's population report so far? Do you believe the numbers? Why do you think they have not released their numbers for all consoles?
Check it out here: www.watagames.com/populations/nes/
hey Pat n Ian, I have a bunch of sealed games I bought like 15 to 20 years ago. One in particular is a snes mario kart original print I bought for like $38 nearly 20 years ago in what I would consider excellent condition (just below near mint). How many of those, ball parking, do you think there might be, how many have you seen over the years- not the million seller? I haven't seen many, but I've seen a non graded on ebay right now, asking 60k, in about the same shape as mine is in. If they graded it (mine's not graded either), they probably could get the 60kish I'm figuring. Don't see many of those over the years.
I'm thinking I'll slab this video- have a friend give it A+ with a 9.8-
And give my friend at an auction house a Sopranos envelope-
Gonna make bank on this!
Karl’s latest upload is a must watch. Also features Pat and Ian!
Damn youtube is infested with sexbots
A must watch for rehashed click bait content? Yep I agree
@@psbforever1 Found the "investor".
watched it last night. was a great follow up video.
btw: as a Z owner, love your avatar
Guessing in a very questionable context?
I'm very sure that WATA would never try to control any narrative regarding the scarcity or population of a game, which in turn would increase or decrease a game's price.. noooo... ;)
Keep in mind that these companies also have massive backup of games and cards to grade. Up until they got exposed, more people than ever were submitting for grading. These numbers will only climb I believe
Yeah, pat mentioned that less than 10 minutes into the video.
This assuming that is a real difference between anything graded 9.4 or higher, which there really isn't. You very likely couldn't tell the difference between a 9.4 9.6 or 9.8 without looking at the grade. In the coin market, they always say "grading is subjective" and "pay for the coin, not the grade" because there is a lottery factor to how high anything gets graded. You can resubmit the same item multiple times and get multiple grades. I can almost guarantee that's happening with these highly graded games too.
Oh trust me there is a difference. I actually own graded games.
Oh it depends on if you are a part owner or working with an auctioneer company. That is the .2 percent difference
I don't own video games, I don't play video games, the jobst video Opened this whole collectables in gaming to me, and it has been really interesting to me.
You guys are passionate about this shit, and I can't help but respect it. Keep it up lads
Looking forward to seeing the Mario 64 numbers when WATA has their N64 report online.
How do you factor in people that got WATA slabbed games, didn't like the grade, and cracked it... then re-subbed it either for a better or the same grade... or never entered back in the WATA pool?
Maybe they have numbers they take off the box if it's , *"sssseeeaaaaaaaaled"* .
Remember in press release for the initial SMB sale, when the WATA guys tried to call Mario 1 the "holy grail" of rare NES games?
Yeah, good times...
It is the highest graded sticker seal variant.
There was a case/pallet of friday the 13th on ebay about a decade ago.
Probably a few hundred of them just owned by 1 guy.
People are stupid to waste their money on video games. There is nothing special about them other than nostalgia. With the economy the way it is, it's best to only spend money as necessary.
@@nerychristian yup. Buy games to play.
Meanwhile, two guys are buying as many copies of Sneak King as they can.
Welcome to sealed game grading, collecting, price-setting, and flipping where the grades are made up and the rarity doesn't matter.
The funny thing is this market seems to only be effecting 8bit and up. I recently reached out to HA with a fairly large list of sealed Atari games and they scoffed at me because it wasn't currently valued at 10k...which is their new threshold to be able to list with HA...your collection needs to be valued at 10k + to even sell. Also, this is all gatekept by WATA, of which you can't get certain games graded because they don't have boxes that fit...such as the 2600 Mystique titles. At this point they DO NOT accept non WATA graded games to sell, unless you negotiate the titles be added with your sealed collection.
just because we only graded 300 doesn't mean that only 300 exist. We better just hide this so people perceive it as rare. yeah, ridiculous not to do population reports because rarity is key. Being one of only two grading services for video games....
Regardless, I'm a video game fan who keeps and collects games to play but I would never trust Wata scoring or send them anything for grading. Even under new ownership.
side note: what I find strange is that, unlike art, this is a physical media and as such will not last forever. Just like other fields I'm sure there's ways of protecting from degradation but at the end of the day this isn't wood, canvas, etc. This cartridges will not last centuries. I also understand these graded boxes are sealed so they receive no new oxygen so degradation should be slowed but still... with a life expectancy of 50+ years we're already nearing year 40. Lastly, video games are not art. While they may be works of art they are games. Something that is meant to be played, enjoyed, loved, etc. 2 cents
A lot of those high grades could be games returned after being unslabbed for a higher grade. It would be nice to see verification photos etc of the items, to see distinguishing marks etc to see if any have been regraded
Wow, I'm surprised to see that one of my sealed NES games has only 2 graded...I'm not sure if anybody else looked up their collection and found something rarer than they thought it was. We'll see what VGA says eventually though but their population has to be at least double or triple what WATA says.
I got several games for Christmas and my birthday that I never opened. So there’s some more sealed games that aren’t in the report
What’s funny is seeing a 9.8 with tears and scratches on the plastic…
The plastic/seal is measured by the letter grade. But WATA obviously doesn't even follow its own published guide for grading the seals, as there are a number of pictures of graded games that were given letter grades much higher than WATA's own guide says the game should receive.
I'm going to say, 1,000 sealed Spider-man Atari 2600 games have been graded.
I think sealed games prices will continue to drop but these population report numbers actually seem lower than what I expected.
Lol, I was just thinking about how many copies of Dragon Warrior 1 there were, and like two seconds later Pat excitedly shouts out "Dragon Warrior!"
I have a 7.0 WATA graded Sky Kid CIB. The fact that somebody had that graded is hilarious to me. I bought it simply bc I would like certain games from my youth to be able to show, definitely not for monetary value. Grading it probably cost more than the game.
You still bought it. That’s the problem
You still bought it. That’s the problem
How is that a problem? I like it. Its not for resale. You sound silly.
When WATA becomes a meme then you'll have the last laugh against us plebs.
Yes there is a perfect 10 score, but just one (1) single game. It's for the Rev-A, Oval SOQ TM version of The Karate Kid
This might be a bit out there but I find it interesting that WATA releases a population report just ahead of Karl Jobst’s follow up video about the sealed games controversy, WATA, Heritage Auctions etc. I’m sure it’s just a complete coincidence but still very interesting timing!
Karl's new video had absolutely nothing new. He is getting his views off recycled garbage. Congrats
@@psbforever1 seen u comment a few times defending WATA hahahahahahaha how much they paying u?
@@psbforever1 seen u comment a few times defending WATA hahahahahahaha how much they paying u?
@@4gn3 typical answer and not surprising, please enlighten me how the new video has anything new or groundbreaking? You guys keep clicking on this stuff and believing it like it's gospel is far more hilarious to me than you thinking wata is paying me while Karl lines his pockets off his views. He's a speed runner who got lucky with you people pumping him up so he's trying to do it again. It's evident with this latest video which was rehashed trash
karl released his video right after pop report he is a bigger crook than anyone
honestly guys? there are over 2700 graded jordan rc per psa pop report...have you seen those prices?? claiming there are TONS of copies of a game when MILLIONS were made and there are 200 graded isn't a ton imo....
"Wata ya talkin' bout?"
-The Defense
I was actually expecting alot more sealed copies graded by wata
I doubt that list is completed. Remember they have also been grading a ton of other systems.
@@unish25 bro .. just admit it’s low pop amount…
@@alex12104 think of the copies people still have sitting on their shelves...
@@xdjrunner You can say that for literally anything about the unknown. I’m just willing to take a risk and bet that this market will grow, if you don’t I respect your opinion.
@jshowa o there is 10,000 bored apes selling for $260k+ and it is inconceivable to have games sell for a few $1,000? When these games are rarer
Sad part is that the people who made the most money off of this already cashed out because they had an in and connections
Pat: "Well... not everyone"
LOL
Mr Beast should buy a sealed game and just open it to smell the cardboard.
If you had a sealed case of a game, why would you grade them all at once?
You should grade them one at a time and sell it every so often.
The last Karl video felt like it was just trying to get views based off the success of the first video. But that's just me 🤓
that is obvious..he is a bigger crook than wata or ha
Didn’t expect that random Foreigner reference in the beginning lol
I don’t think prices are coming down at all. The grading industry has changed every aspect of collecting. It will be years (if at all) before this market for graded games collapses.
Too many people like pat getting games graded even tho they say you shouldnt.
237 Super mario 3s?!! Omg, so Many!!! Come on, just stop. The game everyone sends in, and only 237? Theres a lot more than 237 people that would want to own a sealed mario 3. Even if we say theres more, say 500. Youre telling me thats a lot? Come the fuck on.
I doubt WATA released accurate information to us. 🤦♂️
You need to understand people crack them and resubmit hoping for a better grade which increases the pop count as they don't send the label in also to remove off the pop.
Why would anyone believe a word WATA says? especially after the NEW karl jobst video
Please tell me anything new in this video, anything. I'm using the part with the lawyer to fall asleep to like white noise ahhhhh
what does an aussie bloke know about the FTC..obviously jobst is doing this for the money and the sheep are licking it up
Imagine spending over a mil on a game and then this drops😬
The only game in this population report that someone spent over a million on was pop 1. Womp womp
@@ericnaiermandds people send in multiple games at once.
There have been several stories of this on the podcast.
Do you enjoy living in a vacuum?
same thing has happened with Pokémon cards the backlog is insane PSA alone has over 1 MILLION! cards backlogged to be graded. no chance would i be buying anything graded wait for all those slabs to hit the market.
They didn't want to release population reports because it would hurt their credibility, and it would harm the bottom lines of Halperin and the other principles of Heritage Auctions and WATA.
These reports will show how many copies of these games are out there, meaning the $2 million Super Mario Bros game isn't as rare as it was thought, meaning it's no longer worth the $2 million that was paid. I said this on Jobst's latest video, but it bears repeating here. The less rare something can be proven to be, the more valuable it's going to be. The NWC Gold Cart, for example. Everyone in the community knows that there were ONLY 26 of those games made. So there are only, and will only ever be, 26 legitimate cartridges of that game. So, when an authentic copy of the game comes up, we KNOW it's rare, so we EXPECT to spend more for it.
Now, let's look at SMB. That's about as common as you can get. It's like the Grass Energy cards in Pokemon. But let's suppose there were 100 million copies of the game released. Of those copies, say 80 million were sold. That would mean that there are, potentially, 20 million sealed copies of SMB in existence still. If that kind of information is KNOWN, a collector is not going to pay insane prices for a WATA graded copy when they know they're 20 million copies out there they could get their hands on and get graded themselves, saving them tons of money while still giving them the prestige of a graded game.
For the longest time, WATA did not want to release these reports because then there would be no knowledge of how many copies of these games there are. Keep in mind, also, Jobst shows in his latest video that Jim Halperin, founder of Heritage Auctions, also has a position in WATA at the same time. So it is in HIS best interests to keep the consumer in the dark so the auctions of WATA graded games can reach higher prices, meaning his auction house gets a bigger cut. But, likely because of the backlash from the expose's out there, WATA finally does something a LEGIT grading company should have done from the beginning.
What's going to happen now? Well, as you guys said a couple times when talking about how much these games sold for, not anymore. I'd expect the prices on these games to come down since now people can more easily see what is actually out there. When something is not as rare as it seems, it's value goes way down. So, to the guy who bought the SMB game for $2 million, you got played. Have fun with your multi-million dollar loss. You might want to sell that game as fast as possible before it goes below six figures.
It's probably going to take some time for the prices to go down. Speculators and investors are going to try to get their money back.
I have long thought the same thing. If you are a grading company, the real money does not come from grading legitimately rare items. It comes from grading many common items that people think are rare and special. The SMB 64 auction was designed to get everyone to think they have gold in their hands, and send theirs in for grading. I think we will get N64 pop reports last out of all the pop reports. They will trickle out pop reports like they are trickling the games back to their customers.
"The less rare something can be proven to be, the more valuable it's going to be." - You mean, the more rare? lol
wrong
When CGC enters the grading of video games next year, WATA will be quickly forgotten. So their conmen at Heritage will be auctioning off as much as possible.
Those grade ratings I.e. 9.6 , 9.8 etc. is all rubbish at WATA . There’s been so many examples where they have been giving higher ratings even with breaks in the seals.
Yeah and I’ll betcha when they’re grading for friends and associates they are more generous with the grade they give. Self appointed authorities like WATA are basically a law unto themselves. Their grades only mean something because people are duped into believing they do.
I just wish to randomly say something to Ian...I'm lovin' the Meowth VMAX sticker on the back of your new laptop! :)
I believed that numbers were larger than the ones shown on the population reports.
I would tend to agree that some data is better than no data. I think the issue is that population reports could very easily be completely inaccurate. I'm not super familiar with game grading cause I think it's completely stupid, and while I think MTG grading is also stupid I'm a bit more familiar with it. It's common to re-grade items when you don't get the grade you wanted. It's also not uncommon for people to buy lower graded items and then crack them and try to increase their value but gambling on a higher grade.
The problem of course is that all these companies will just be adding +1 to the list for each time they see a game. It's totally possible for them to add the exact same copy of a game to the list multiple times. I certainly don't mean to imply this is an excuse for not releasing the numbers. My intent is more to caution people that the numbers may be inaccurate buy factors difficult to determine.
That said if someone out there knows better how this is done and can explain how this isn't an issue or if there's some way the above doesn't happen I'd be delighted to learn more.
There are well over 1000 sealed Spiderman 2600 out there. I am guessing well over 100 have been graded.
I feel WATA is silly for all of the sealed nonsense. But honestly, if I had an NWC cart I would send it in to get graded. I’d like to have it authenticated/slabbed.
I’d never play it in fear of damaging it. It’s strictly a collectors’ trophy piece anyway.
I like you guys, but claiming that these pop numbers are large makes you look silly. You need to do more work studying collectible markets and basic economics before commenting on this stuff like experts.
Did one of the guys associated purchase websites with games listed and then ended the websites so the public could not see them very shady
As we get closer to Christmas, Ian is beginning to look more and more like Santa. Coincidence?
Could WATA just fold already? They've been nothing but a parasite to the retro gaming community.
You think a population of 40+ and a price of $10k is bad but there are 21 million bitcoins priced at around 50k a piece and they are just digital code on a ledger. Other people drop $2k on a bag that's produced 10s of thousands of times. The beauty is in the eye of the holder my friends, let's not criticize them. The sealed market are for people with a lot of expendable income. If you like gaming, just play roms?
If these numbers are to be believed (and I don't think they are), then these games ARE super rare. Look at any population report for rare collectibles. Anything that is a) super popular and b) in double digits populations result in really high prices. Look at the 1893-S Morgan Dollar for example. That being said, I do not believe these WATA population numbers. They look grossly incomplete.
That is only a list of graded copies. I'm sure there are plenty of copies out there sitting in closets that are sealed. or maybe there is even a warehouse of sealed gamed that were never reported.
James, sometimes you can’t help the unwilling and the ignorant. Unfortunately, Pat and Ian’s lack of understanding of collectible markets make their videos about collectible games laughable.
@@Notesandcars They've been collecting video games for years. I'm sure they know more than you about the video game market.
@@nerychristian I assure you, I know far more about collectible markets than they do.
@@ChokeslamToHell That population list is just from people who have sent their game to be graded by that company. most people haven't done that.
about time they released it
And these are just wata numbers. Vga has been around for soo much longer. There's a lot of games out there guys.
🦅👍
Lemme get the popcorn for this
Great video.
I'll go 256 graded Spider-Man Atari 2600 carts for the overflow.
Only because of Karl Jobst videos 🤣 no way this list is accurate. I hope yall keep giving these guys pressure. They tryna inflate video games, just like they did with coins.
If there are 157 sealed Super Mario 1s (right now) then that N64 population report is gonna be a shit show. They've probably 300 sealed SM64s. Maybe even more after the one sold for a million.
There is only 7 that are 9.8
I'm going to guess 600 sealed SMB 64's
Heritage only said that after Jim was exposed as a part owner in Wata an folks found out he was selling and buying back his own games
Hello, 10 grand, 4 grand, for a gameboy game? What the fuck world we livin in?
Why should we believe WATA's numbers?
they had plenty of time to forge the reports and "refix" the damage done against them.
Even if it's not forged. Most people who have video games don't take the time to report it to a website. So there are millions of old video games unaccounted for.
@@nerychristian i agree, and i know what you mean. But WATA grading of sealed games, who is to say their #s are legit
@@EliteGamersUnited I doubt they are legit. They know their business model would fall apart if people knew that the video games they auction are not that rare.
@@nerychristian besides god forbid a bit of honesty
Can’t wait for the Atari list. Spider-Man- 75 is my guess
The Cliffhanger ending
Also fuck any argument made by anybody caring about the grades of these Wata games, a 9.8 is NOT important. i get what Ian is saying when he says "a 9.8 is the big number here, the important one"; Im not arguing that with him - because it artificially is -- that it has artificially been made to matter. So yeah if i want max value today, i want a 9.8 or nothing and people resubmit to get this fairly arbitrary grade - unfortunately its been manipulated to matter. But in most other rare collectables, you dont get perfect items. There arent 9.8's of basically any old book or comic book. Time itself would take care of that on the paper and the staples and the bindings. So to artificially need a 9.8 just means that there are SOOOO MANY basically perfect ones that they had to arbitrarily make a category that made a very common thing less common. We see this with the stupid NES collecting of 5 screw games and such. There are 120 nice Jaws NES carts on ebay for $5 now. But oh ho ho, we need to make it collectable some how, so an early run with a different amount of screws is like $100. And there are still a lot of those around. So its totally stupid, it doesn't affect the game at all, and is so strange. A 9.6, a 9.4, hell an 8.8 is going to be a very nice copy that in other mediums would be more than enough to satisfy. So to me, the "needing it to be a 9.8" shows how fake and manipulated this all is. If you really step back and logically think about it. the plastic around a video game really does not matter. its insane.
Any amico games on the list?
Some of these NES games are titles that were blown out for $5 at Toys "Я" Us and KayBee back in the mid '90s. Obviously someone was sitting on cartons of them and probably sold to these scumbags.
All i know is we are invested in games
New computers? All the stickers are gone.
Kudos to wata for getting the Pop report out, looking forward to seeing it evolve over time
They deserve no praise for this, it should've been done long ago. There also shouldn't have been conflicts of interest of any kind.
Just ignore any hate man, I think this is a great hobby and it's sad it's gotten this ugly. I really enjoy your fresh take on things. Keep it up!
11:30 - The Karate Kid has a 10 graded game.
No high grade 10 yard fights lol
Also very surprising no one opened their nes sesame street
You could say Wata was in some hot wata.
Sorry I'll unsubscribe now.
No, no, I appreciate that pun!
This was the funniest video I saw in a long time.
What's with all the porn spam bots in the comments??? Channel must be doing good!!
What is slabbing?
Same deal with PSA and Pokémon TCG
Big big big news
There are more CGC graded Amazing Fantasy 15s than there are of the entire top ten WATA graded games combined. Solely in terms of scarcity, I don't think we have the correct perspective here.
Karate Kid is the only 10 ATM
How many Amazing Fantasy 15s exist versus boxed Super Mario Bros.? You hit upon how insane it is to collect things just because they are sealed.
@@PatTheNESpunk Bingo! Pat is 100% correct here.
bubble go "pop!".
Pat is so cute omg
WATA, the tire fire that makes the Amico shitshow look legit.
Wata calamity
Only an idiot would pay more than a few hundred bucks for a common video game. There is nothing special about those games. There are probably hundreds of thousands of cartridges out there in this country alone.
Is it bad that the prices of sealed games are high.Yes.
But if someone is stupid enough to buy it for a extremely high price then let them. Thats all part of sales. There's only a few places out there that are honest about prices.
To honest it’s to late. To many gone through with out. And to be honest it will end up hurting the market that is why they didn’t do this before.
All the dislikes?? are from the WATA Facebook group.
If jackaloons are gonna waste their money on these games then.... Pretty soon thereafter, cats and dogs living together. How your happy now.
so many graded common games
Just in time for the NES only auction session Heritage has happening in the next week or so.
This is going to be fun. Bring those prices back down to earth a bit.
Bring the prices down to buy them up, then raise the price?
@@dmagin777 no, I have no interest in graded games. But the knock on effect has hit the whole hobby. I just play/collect, most people grading games are “investing.”.
@@jamiepike6909 I'm referring to WATA's plan... not yours
@@dmagin777 haha, no worries. Wondered why you had said that to me🤷🏻♂️
@@jamiepike6909 because you brought up a good point... I was looking at it from a larger scale, and you were looking at it from your standpoint
BIGBIG news
*UPDATE*
What consider a 10
#DariusTruxton
This is one of the reasons why I buy the reproduction carts. They're cheaper and the work on the NES.
You're better off buying an everdrive instead of supporting Chinese repro makers
@@StabStabStabStabby I heard the everdrive can overheat your console. I like buying the games that I can add to my collection. I would rather pay $30.00 for a reproduction cart then $800 to $8,000 on a real one. It's the same game after all.
preach
I recommend a new deep video from Karl
-Why Pet hate Deniz?
Maybe the video will give answer for everything….
Yeah because the new one was so eye opening lol. There was nothing new in that video and the lawyer he brought on there was so boring I was glad when it was interrupted by a commercial. Yawn...speed runners should stick to that but believe what you want