Open your new games. For years many of us have been around game communities and have seen or read about people that will buy two copies of a game, keeping one sealed and opening the other one. Why? I need one copy of a game, to open and play. Having something sealed on the shelf might look nice, but its not serving much of a purpose. Most of the people that try this speculation pick the wrong games to keep sealed, or did until they were burned by their theory or made too little profit to make it worth keeping something factory sealed for a decade.
This entire phenomenon comes down to expectations. We are all aware of how Star Wars toys became a hot collectible. Why was the market so top heavy for sealed toys though? An overwhelming majority of those toys were opened, sealed ones were the exception to this rule. Even today you can run across loose Star Wars toys at flea markets and thrift stores all the time. Sealed ones from the original lines of the toys? Not so much. This type of expectation came with the early days of video games as well. The further back in gaming history you go the harder it is to find sealed games, even boxed games can be difficult for many systems.
Even before this current explosion of video game collecting there was speculation about the future of a video game’s price. The early days of eBay and online marketing were a wild time that lead many to irresponsible purchasing decisions and speculation. I can remember quite a few games in that time that were highly inflated and have cooled off considerably, while others have blown up as a result of a better connected world and more information on what’s actually hard to find. Specifically, I recall the days when the original Bandai printing of Dragonball GT Final Bout was the hottest title for the first Playstation. It was uncommon at best, but the series was running and at the height of its popularity. A reprint came later and the property cooled off, but you better believe that there were speculators trying to flip the Atari reprints as soon as they came out.
I can honestly remember seeing on some fan forums in the PS2 era people who were going to buy a second copy of such expensive games as Suikoden IV, Jak and Daxter, Okami, and the Collector’s Edition of Final Fantasy XII to ‘hold onto’ and ‘see what happens in the future’. Gaming is a hobby to many people, and the idea of money and a percieved second hand value to the game has fired many people up and turned people who have no business with a video game into a seller, since they know there’s money to be had somewhere. The titles that are really worth flipping if you buy cheap are few and far between, and the only real profit comes from the bulk of many libraries and how many people are digging for these titles at the moment. If I want a long term investment I’ll stick with my financial adviser and diversify my stock portfolio, I’ll probably even invest in some gold and silver as the prices for them cool down even further.
It just takes one time for somebody to buy two copies of Rule of Rose and rake in the profits for the decisions to go all downhill from there. The expectation of newer games on the market is that they should be sealed! The buyer’s market for newer games actually makes the purchasing of used games a poor decision since there are many cases where you can find better deals online for brand new, sealed games than local brick and mortar stores have for used games. One recent example of this for me is seeing Lightning Returns for $50 at a used store, when its currently $30 at Target for a brand new Target exclusive edition, and $20 for a regular release on Amazon! As always, do your research as a buyer and you will not get hosed by a deal like that because you were not paying attention to online deals or even shopping around your own town.
What really made me start thinking about this topic was the release of Gaijinworks’ Class of Heroes 2G for PS3, and my own recent research and purchase for the original Class of Heroes 2 on PSP. I missed out on the original calling for Class of Heroes 2 to give Vic and company my money, but I made sure to send some out for a copy of 2G. While I was watching copies of Class of Heroes 2 the secondhand market was almost entirely sealed copies. I just had to wait for one that was the right price. I did see a few opened copies pop up online, but they did not offer enough in savings to make buying them worthwhile compared to a sealed copy. I’m talking an average of $10 in the difference between an opened copy and a sealed copy.
This game is supposed to be rare! Even after years on the market the price is only that much of a difference. Why is that average difference so little? Its the expectation of the sellers, not the buyers in this case. The sellers have heard for years that a sealed copy is worth more than something that is opened, and to be fair this is correct. The main difference is in profit potential. Copies of Class of Heroes 2G were flipped early on for more than double the original investment, the original Class of Heroes 2 has calmed down almost to the point where a sealed copy is as much as you would have given to Gaijinworks. Once the hype dies down so does the profit. The result? A glut of sealed games with the odd actually opened copy. Given the supply and option the buyer will choose the pristine, unopened, and barely touched copy for only a few dollars more than one that’s opened. I myself did this, and just waited for the best price and one that I could haggle on.
As this article will release its likely that the hot speculative items will continue to be the brand new secondhand sealed copies of the limited edition of The Legend of Zelda: Majora’s Mask 3D. What is an item that sold at $50 for those lucky enough to get a pre-order is being listed at two to four times its launch price. And you know there are some people out there paying it. With this release, the Majora’s Mask New 3DS XL, and all the undersold Amiibos I’m sure many Nintendo fans are praying that the company starts to manufacture more than enough copies of everything to keep the shelves stocked longer than a day, maybe even a couple weeks, to chase the speculators away. But they will never truly go away anymore, just find the newest commodity to latch onto. Ten years ago it was Atlus limited editions that were heavily speculated, this is the decade for Nintendo, niche companies, and limited Kickstarter physical copies.
I opened Class of Heroes 2 and 2G as soon as I got them. I love the feeling of unwrapping a brand new game. The day that I am writing this I have a stack of three brand new, crisp, factory sealed PS3 games courtesy of Amazon sales sitting next to me, and I can’t wait to crack the seal, open them up, smell the new game smell, and flip through the manuals. I can’t experience that with a sealed game. I want to make this next point very clear, I am not trying to advocate the opening of a 40 year old, hard to find Atari game or anything related to the idea. Those have more in common with the original run of Star Wars toys than the gaming market of today. In the new market there is absolutely no reason to not open your game to play it. As much as I like looking at my shelf of games they all have one thing in common, they’re open and I can play the game hidden within, read its manual, and enjoy all the art and promotions they came with.