Retro Game Fraud Gets Deeper, and Is Getting Called Out
Vintage video games, like factory-sealed copies of The Legend of Zelda and Super Mario Bros. for the Nintendo Entertainment System, have suddenly started selling for eye-popping prices, and a new video documentary claims potential fraud could be a big part of the reason why. It effectively charges auction houses, game graders, and certain collectors with conspiring to manufacture a retro game bubble and get rich in the process.
In a nearly hour-long video posted on August 23, YouTuber and GoldenEye 007 speedrunner Karl Jobst outlined a series of apparent conflicts of interest between Wata Games, the agency grading rare games, and Heritage Auctions, the company that has recently been selling them for record-breaking prices.
Sources:
https://kotaku.com/youtuber-accuses-million-dollar-retro-game-sales-of-bei-1847557296
https://www.youtube.com/watch?v=rvLFEh7V18A
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