Retro Video Game Back in Business with COVID Lockdown
In an era of e-gaming, retro video games were losing sheen to mobile apps and social media gaming platforms. But, since the start of COVID-19 lockdowns, popular retro video games have not made a retry to the market, but also earning good revenue with increased sales.
According to a new study by PriceCharting.com, the price of the average retro video game increased 33% since March 2020 because so many people took up game collecting during the pandemic lockdowns.
The average game price increased for every single console tracked in the study, which includes all major consoles released before Playstation 4 and Xbox One.
The consoles with the biggest increase in average game value:
- Nintendo GameCube: +70%
- Nintendo 64: +43%
- Gameboy Advance: +42%
- Intellivision: +39%
- Gameboy Color: +36%
- PlayStation 2: +35%
The consoles with the smallest increase in average game value:
- Atari 2600: +7%
- Xbox 360: +13%
- Playstation 3: +14%
- Xbox: +19%
- PSP: +20%
The games with the biggest price increases were anything Pokemon related, complete in box games, and graded games. Games like Pokemon Emerald for Gameboy Advance increased 145% and Pokemon HeartGold for Nintendo DS increased 133%.
“Video game collecting became a very popular pandemic past time” said PriceCharting owner JJ Hendricks. “Game collecting is nostalgic, indoors, and isolated but it also has a big online community so collectors can socially distance while still connecting virtually.”
PriceCharting.com is the industry standard price guide for video games and has been tracking game prices and game collecting trends since 2007.