Karl Jobst made a great video on this, as you pointed out. These “buyers” are all intertwined with each other and basically sell things to themselves so they can raise the profile of their businesses. I wouldn’t be surprised if this eventually led to a crash in the prices of games like what happened with comics in the early ‘90s. Honestly, just watch the video. It’s long, but very, very good (like pretty much all of his content).
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Re: Hidden Sales Data Of Graded NES Games Released To Combat Artificial Inflation And "Record-Breaking" Auctions
Karl Jobst made a great video on this, as you pointed out. These “buyers” are all intertwined with each other and basically sell things to themselves so they can raise the profile of their businesses. I wouldn’t be surprised if this eventually led to a crash in the prices of games like what happened with comics in the early ‘90s. Honestly, just watch the video. It’s long, but very, very good (like pretty much all of his content).