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Super Rare NES game in eBay auction at $89,000

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Re: Super Rare NES game in eBay auction at $89,000

#32
post #27
post #2

For anyone who has no idea what this is: http://en.wikipedia.org/wiki/Nintendo_World_Championships

I looked up it in wiki. Still have no idea what it is...

Its a cartridge that only finalists of a competition were given.

Re: Super Rare NES game in eBay auction at $89,000

#34
post #16
post #15

Earlier quoted context omitted.

eBay's system works that way. Before oo's (I'll leave the asterisks out) bid, the highest bid amount was $89'100 by e7. oo then bid an amount between $89'900 and $90'000. At this point, eBay only displays $89'300 bid, the higher amount is retained as a (non-displayed) maximum bid. Later on, another bidder (probably ss) upped the price in $200 increments: they bid $89'300 (to which eBay publicised oo's previous maximu…

Its takes the advantage away from people with more time on their hands.

Only if people always bid the actual highest amount they're willing to pay. The huge popularity of "sniping" suggests that they often don't.

Re: Super Rare NES game in eBay auction at $89,000

#35
Just a reminder that anyone can bid any amount for anything on eBay, with no repercussions.

Source: I once put a website for sale on eBay. Bids went up to $10M. The press covered it like crazy. Turned out the bids were fake.

For example:

http://www.salon.com/2000/09/11/ebay_deadpool/

There were articles about it in Forbes and Cnet also.

Re: Super Rare NES game in eBay auction at $89,000

#37
post #36

Earlier quoted context omitted.

Its a cartridge that only finalists of a competition were given.

How many of these exist?

There was a guy on reddit who was actually a winner in the 18+ category who still has his with its label

If this one is worth 90k then his must be double that

Re: Super Rare NES game in eBay auction at $89,000

#38
I do believe that the cartridge from the 94 Nintendo PowerFest is even more rare. Something like only 2 being left as they weren't given out to winners. It's for the SNES though. I remember winning a round of this competition and getting a shirt I still have, a Virtual Boy hat, and some other Nintendo swag. Maybe the shirt is worth something these days.

Re: Super Rare NES game in eBay auction at $89,000

#39
post #34
post #16

Earlier quoted context omitted.

Its takes the advantage away from people with more time on their hands.

Only if people always bid the actual highest amount they're willing to pay. The huge popularity of "sniping" suggests that they often don't.

It's poor strategy to do so, as it gives other people a chance to decide whether they want to outbid you.

Best strategy is to bid your maximum amount in the dying seconds, if that's still enough - if someone was happily sat below their max, and didn't increase because they were "winning", you can grab it off them for less than if you had both fought for top spot throughout the auction.

Of course, if everyone bids their maximum amount when they notice the auction, sniping like this becomes irrelevant. But people don't, because they're people. I like that they're acting like people when I'm selling things. I dislike it when I'm buying things (because they push the price up by fighting for the top spot days before the end.)

Re: Super Rare NES game in eBay auction at $89,000

#40
The Nintendo World Championships gold cartridges are more rare than the grey ones (only 26 of them were made). The Nerd also covered it some time ago in an avgn episode. Having seen it's not a "super rare elusive game", he smashes the overglorified cartridges with a hammer: https://www.youtube.com/watch?v=fs2wczJXETM
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