Rare NES Game Sets Video Game Price Record

A factory-sealed copy of Stadium Events for the Nintendo Entertainment System sold for $41,300 last night, shattering the previous record price for a video game collectible. The auction, held on eBay, eclipsed the old record of $20,100 after only three days of bidding and is evidence of the growing market for collectibles amongst video game enthusiasts.

There were 115 bids over the course of 10 days. The initial bid was only 99 cents but quickly jumped to $9,800 after one day of bidding. The price steadily remained in the range of $22,000 for several days before ascending hurriedly in the final hours of the bidding to the record breaking amount.

The title, made for the NES, is considered to be the rarest licensed NES game available in North America. The game was developed by Bandai and was made specifically for use with the Family Fun Fitness mat, the precursor to today’s Wii Fitness Board. The North American version was released only to limited stores and soon afterwards was pulled from shelves and Family Fun Fitness-branded games that remained were destroyed because Nintendo had purchased the North American rights to the Family Fun Fitness mat technology and had re-released the accessory as the Power Pad. A total of 2000 copies had been produced, but only an estimated 200 actually were sold before the product was pulled.

The seller decided to sell the game after reading about a woman from Haw River, North Carolina who had sold an unsealed and used version of the game for $13,105. The seller said that she didn’t she think had anything of value until she saw how much an unsealed, used version of the game had been purchased for and decided that she could make a lot of money by selling the game that was sitting in her house.

She goes on to say that she originally purchased the game when it came out and didn’t realize that the Family Fun Fitness mat was needed to play. After sitting on the game for a while, she went to purchase the mat only to discover it had been recalled. Rather than returning the game she simply held onto it and never touched it until recently.

Interestingly, video game collector J.J. Hendricks told Kotaku that another sealed copy of the game had appeared on eBay and was auctioning for a much lower price. Currently at $9,600, the auction still has nearly 3 days remaining and could push quite high.

Now, go search your basement and see if you have anything rare. Those dusty old cartridges may just be worth something after all.