Collectible Games Plunge in Value Following Digital Re-release

Collectible Games Plunge in Value Following Digital Re-release

January 2, 2009

For most gamers, it's great to see an old classic turn up on Xbox Live, the PlayStation Network or the Wii Shop Channel.

But, as Ars Technica reports, such re-releases are often bad news for collectors of hard-to-find video games.

Video games are a digital medium, and re-monetizing rare games via digital distribution services has been a long time coming... How much do rare games drop in value when they're re-released via a service like Xbox Live? A good example is Rez HD, the Xbox 360 version of a rare Dreamcast and PS2 shooter...

"Rez used to sell for about $50 for the Dreamcast version and $45 for the PS2 version through the end of 2007 and beginning of 2008," Nick [of Racketboy.com] explained... "Ikaruga sold for about $75 for the Dreamcast version and $45 for the Gamecube port. Once it was announced that both games would be coming to XBLA in the middle of the year, the games dropped $5 to $15 in value... It seems that the Dreamcast games hold their value a bit more as it is more of a cult classic system, and they are also Japanese imports."

Nick also told us that the domestic copies of the relatively common PS2 and GameCube ports of the game have halved in value.
 

Comments

Re: Collectible Games Plunge in Value Following Digital

I "collect" games and have no problem with digital copies bringing prices down.  I buy old games to play them, not pretend I'm making some kind of monetary investment. 

Re: Collectible Games Plunge in Value Following Digital

Rez and Ikaruga were both games i wanted, but due to me being too young for a job back then, cuts had to be made in my wish list of games, unfortunately these two didn't make it.

 

I'ts nice to know i'll have another chance

Re: Collectible Games Plunge in Value Following Digital

I don't care that prices are dropping. I am actually excited about it. THat means tha tsome old games I want in their original format will be cheaper when I go to buy them.

I equate this situation to comic publishers reprinting hot collectable issues. The original still holds some value as it is the original print, but new people get the chance to enjoy those classics.

E. Zachary Knight
Oklahoma City Chapter of the ECA
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Re: Collectible Games Plunge in Value Following Digital

 Pheh, god knows i wouldn't care... Frankly, there have been plenty of times i had a desire to play an old game... but asking me to spend more than $20 on something so old is just plain insane. The laws of supply and demand at their worst...

its actually funny, in this case the publisher is the good guy in that when they re-release a game it will be at a fair price and not something as high as the price that a consumer would demand for the rare game... i've seen games being sold for like triple their original worth... the same could be said for any product really

Re: Collectible Games Plunge in Value Following Digital

Now someone just needs to do it for Planescape Torment,

Re: Collectible Games Plunge in Value Following Digital

I think the digital re-release is a great idea. I'm a huge fan of GOG.com (Good Old Games for people who don't know).

Got myself copies of Fallout and Fallout 2 in prep for Fallout 3, great memories. And they work great on my Vista laptop AND Vista 64-bit Desktop.

Apparently GOG is in talks with LucasArts to start getting those games out there, I'm SO hoping for TIE Fighter and X-Wing to make an appearance.

Would surprise me to see old classics like Planescape: Torment and Baldur's Gate to make the cut.

It's really helped communities like the Freespace Source Code Project who got the call to optimize Freespace 2 (btw, if you have an old joystick lying around...GET THAT GAME).

Re: Collectible Games Plunge in Value Following Digital

I like re-releases. It's only the collectors who would complain about this >.< 

There are so many old games I would love to see remade or at least re-released, Wing Commander series, the older lucas arts games like x-wing and x-wing vs. tie fighter, man so many great games that could be brought back :D

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I am a signature virus, please copy and paste me into your signature to help me propagate.

Re: Collectible Games Plunge in Value Following Digital

Some games have gotten a reprint which then contributes to their drop in price, I believe that Rez was one of those games.  Look at the value of Gitaroo man after it was reprinted.  Its not only digital copies that decrease a game's value, its when they get reprinted as well.  These reprints are identical to the original copy in every way as far as I know.

As far as Ikaruga goes there are other shooters out there that are probably better and newer, the Gamecube is dead and not everyone has a Wii.  Hardcore gamers who are the audience for Ikaruga and these people tend not to own a Wii system.

Re: Collectible Games Plunge in Value Following Digital

I never had REZ for the dreamcast, as I never had the system. I bought it for the PS2 when I was able to find the sucker. (It was rare then, according to both Gamestop and EBGames before the merger)) I'll get the 360 port later, maybe along with Duke Nukem 3D.

 - Warren Lewis

Re: Collectible Games Plunge in Value Following Digital

Thats too bad for collectors but its great for gamers who couldn't find and/or couldnt afford to spend $50+ for them.

Re: Collectible Games Plunge in Value Following Digital

Well let's see I don't own a 360 but I do have a PS2 and now you're saying the value of Rez has dropped?

Interesting.

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Debates are like merry go rounds Two people take their positions then they go through the same points over and over and over again. Then when it's over they have the same positions they started in.

Re: Collectible Games Plunge in Value Following Digital

Could somebody explain the crisis here? Go to EB with a game that has been out for 1 month and see how much the price has been slashed. Classic games? I dunno. Maybe? Problem is that most people will realize that their old hardware is breaking down. Therefore XBLA is the best option for most people. To me there will always be collectors of everything that exists that you can hold in your hand. Some are better investments than others. Video games are a poor choice of collections because its data and that can be transferred. Stamps? Theres a good one. Can't reproduce that. Original is original. Sorry to say this fellas!

Battlefield Heroes - Halo 4
Tel Domains - Home Security

Re: Collectible Games Plunge in Value Following Digital

Some gamers have a problem with not having the actual product in their hands.  It's sort of that feeling like they are going to get ripped off or just having the feeling of owning the game.  I understand to a point...but there are some games you just can't pass up on.

The dropping of price also helps gamers who don't own the actual system the remake is on but the system the original is on.

Re: Collectible Games Plunge in Value Following Digital

The "crisis" is that people who spent lots of money to buy rare things are now finding themselves without bragging rights.

I've always admired collectors who collect because they want a nice full library or want to be part of history or any of those reasons.. but always felt a bit of distaste for the ones who want things to stay rare so they can feel better then poorer collectors.

Re: Collectible Games Plunge in Value Following Digital

I'm all for re-releases.  Not only are you guaranteed a game in mint condition, but there are often additional improvements and bonus features included.  If the debate is over collectors vs. gamers, I feel the greater good truly wins out.

"There is no sin except stupidity." - Oscar Wilde

Re: Collectible Games Plunge in Value Following Digital

Games being sold as something to play and not really expensive items to sit on a shelf and stare at?

Who woulda guessed!?

There is zero reason to pay full retail price for a used game.

Re: Collectible Games Plunge in Value Following Digital

Some digital copies of games have been changed from the original. The Virtual Console release of Tecmo Super Bowl was changed thanks to EA and their exclusive deal with the NFL which for some reason affects classic football games. And of course, the copies of Punch-Out with Mike Tyson, not Mr. Dream. The originals without the changes are more valuable.

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When Jack Thompson runs his mouth, does anyone really care what he has to say anymore?

Re: Collectible Games Plunge in Value Following Digital

Actually that changed a long time ago.  They re-released that game with Mr. Dream on a seperate cartridge for obvious reasons...

Re: Collectible Games Plunge in Value Following Digital

I don't have a problem with re-releases. We can hardly complain about one company trying to destroy the second hand market, and then complain about another one re-releasing old games, I'd feel like a hypocrite.

Re: Collectible Games Plunge in Value Following Digital

Excellent news. Games are digital and downloadable. If the expected sales revenue of any re-release beats the cost of digitally redistributing it, than go for it, crazy publishers. It means we get to play your stuff and pay you for it too.

The only people really hurting here are those buying up the old games to resell (sod 'em), and the unfortunate few who locate a "bargain" only to have it appear on XBLA a month later (tough break). Boxed copies will still be sought out by collectors, and now they'll have a better chance because they won't have to compete with everyday gamers.

Re: Collectible Games Plunge in Value Following Digital

It's better this way.  Games like FF7 SHOULD NOT BE SOLD FOR $200 (don't have a source, but it was pretty high up there).
 

Yes, I don't like FF7...

Re: Collectible Games Plunge in Value Following Digital

I hated Secret of Mana and apparently that cartridge is a solid brick of gold or something.

Re: Collectible Games Plunge in Value Following Digital

Wait? You mean a physical asset isn't a stable investment? 

Not that any of this was an investment, anyway. Whats the point of being a game collector? You could sell all your stuff, but then you wouldn't have, you know, a collection.

The Honest Game - http://www.thehonestgame.org

Re: Collectible Games Plunge in Value Following Digital

This is good news.  If you want the original game, now it is more easily acquired.  If you currently have the original, then who cares if the price drops?  You don't hang on to old games for resale value, you hold on to them for sentimental value.

Re: Collectible Games Plunge in Value Following Digital

Speaking as a collector, I see good news for both collectors and "normal" players.  People who want to play the game but couldn't afford to will now have that chance.  And it's not as if the collector market is going away completely, though it will definitely drop somewhat.

There are still going to be people who want to own original physical game packaging, there's just something about being able to hold it and flip through it.  Given the choice, wouldn't you rather own an original Picasso rather than a reproduction print?  You can look at and appreciate both, but to have an original is something special.

But why the heck hasn't Square re-released FF7?  $70+ for a set of loose discs is outrageous for a game that sold X million copies.  I'll be glad to see that kind of eBay bidding insanity go.

GamePolitics ShoutBox

Posted 11/07/09 at 04:27pm
ZippyDSMlee: man I got alot of junk and dup files too >< god I need orginization...and no not the knee capping media mafia kind :P
Posted 11/07/09 at 04:26pm
ZippyDSMlee: replaced :P
Posted 11/07/09 at 04:23pm
ZippyDSMlee: beemoh:hey its like 60GB porn,400GB anime 100GB games and crap I have took from all my DVDs, I hate waiting on dvds to install stuff..... oh and 40GB of my porn was in the found.000 folder...mostly corrupted.... least I got names of wut needs to be repa
Posted 11/07/09 at 04:18pm
beemoh: @Zip: ...and you'd have to spend all that time re-downloading that porn?
Posted 11/07/09 at 03:34pm
ZippyDSMlee: ggrrrrr......vista lost one of my hard drives and I had a heart attack thinking I lost 1TB of data....
Posted 11/07/09 at 10:58am
JDKJ: Which could be explained by both (a) and (b).
Posted 11/07/09 at 10:56am
Austin_Lewis: JDKJ: You forgot C) the fact that, for some reason, every time he did something that would suggest he shouldn't be in the military, let alone an officer, higher ups ignored it or let it slide.
Posted 11/07/09 at 10:51am
JDKJ: Part of the problem is, I believe, that (a) the Army had a lot of time and money already invested in him and which they were unwilling to simply write-off and (b) an increasing need for the type of skills and services he provided.
Posted 11/07/09 at 10:48am
JDKJ: And that even if he was begging not to get cut loose, he was apparently a real good candidate for being cut loose, anyway.
Posted 11/07/09 at 10:11am
JDKJ: @chada: And while Kennedy once noted that there's usually more than enough blame for everyone to get a slice, the possibility that the Army was unwilling to cut loose someone who was asking to get cut loose could be a factor.
Posted 11/07/09 at 10:07am
ZippyDSMlee: *noms on his feet*..nomnomnomnom*droooll* ...wuuutttttt uuu looking at?
Posted 11/07/09 at 10:05am
JDKJ: I'm no psychologist, but I'm told that crazy people have a tendency to do crazy things.
Posted 11/07/09 at 10:03am
chadachada321: Whoops, was out of the convo for awhile. I do wonder what type of ammo he used etc, but the real issue is WHY he did it, not HOW
Posted 11/07/09 at 09:56am
JDKJ: But if it turns out that they actually did, they'll have Hell to pay.
Posted 11/07/09 at 09:45am
JDKJ: And I'd tend to rule out the possibilty of FN Herstal supplying restricted ammunition to someone merely because they're ordering it from a military base.
Posted 11/07/09 at 09:37am
JDKJ: I know you don't leave your gated community and get around much in dark alleys, so you may be surprised to learn that there's this thing called "the black market" where, if you've got enough money, ain't too much of anything which can't be bought.
Posted 11/07/09 at 09:36am
Austin_Lewis: Or, maybe he or someone else at the base ordered the SS190 from FN Herstal.
Posted 11/07/09 at 09:32am
Austin_Lewis: the hands of private owners. They run about 300 dollars minimum for a box of 50, and boxes of AP 5.7 are extremely scarce, mainly residing in the hands of Class III stores or individuals who for one reason or another got a demo box of it.
Posted 11/07/09 at 09:30am
Austin_Lewis: There are other firearms that fire the 5.7. However, I too would like to know where he got the ammo and what kind was used. Maybe Hasan, planning not to live through this, went out and bought one the boxes of SS190 that are floating around in
Posted 11/07/09 at 08:44am
JDKJ: And it isn't yet clear what type of ammunition Hasan used. It's strange that he purchased a gun but didn't purchase ammunition for it at the same place and time. Especially because the calibre required is peculiar to the actual gun.
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