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several hundreds of dollars as a trade-in when you go for an                         having to have the other. Not dissimilar to the
            upgrade. At this time, however, it’s the sale of first-                              comeback of turntables and the manufacturing
            generation iPhones that are grabbing all the market attention.                       of  new turntables with the renewed popularity
               In February 2023, a first-generation 2007 iPhone sold                             of vinyl.
            for more than $63,000 in an online auction by auctioneer                                The market’s interest in rewinding the past to
            LCG Auctions, more than 100 times its original cost.                                 play again the popular video games of our youth is
            Dubbed a “first edition” device, the box had never been                              driving record-breaking market values and interest
            opened. In March, a brand new first-generation Apple                                 among auction houses such as Heritage Auctions
            iPhone Model A1203, brand new and sealed, sold for                                   and Hakes to hold specialty video game auctions.
            $54,904 at RR Auction. These are, however, rare examples                                A super rare, one-of-a-kind Atari CX3000
            of the value being placed on their first-generation status                           Graduate Computer keyboard prototype for the
            and unopened condition.                                                              Atari 2600 VCS sold in March through RR
                                                                                                 Auction for $61,141. A Nintendo Super Smash
                                                                                                 Bros. game sold for $11,800 in November
                                                                                                 through Hakes. A sealed Super Mario 64 game
                                                                                                 cartridge from 1996 went for $1.56 million at a
                                                                                                 recent Heritage auction.
                                                                                                    According to  Yahoo! Finance in an April 4,
                                                                                Unopened First   2023 article, the most expensive and rarest video
                                                                               Generation Apple   games ever sold include Super Mario Bros. (In
                                                                                iPhone Sells for   August 2021, The New York Times reported that
                                                                                  $63,356 at     an anonymous collector had plunked down a
                                                                                LCG Auctions.    record $2 million for a copy of Nintendo’s
                                                                                                 flagship video game In August 2021,  The New
                                                                              York Times reported that an anonymous collector had plunked down a
                                                                              record $2 million for a copy of
                                                                              Nintendo’s flagship video game made for
                                                                              its original 1985 console. made for its
                                                                              original 1985 console. The cartridge was
                                                                              sealed in its original packaging, a rarity
                                                                              for video games); Super Mario 65
                                                                              (released in 1996 for the Nintendo 64
                Introduced by the late Steve Jobs back in 2007, the original Apple iPhone    console and sold for a then-record $1.56
             sold for $599 USD and came in 4GB or 8GB memory options with a 2-megapixel   million in the summer of 2021); and a
                           camera and 3.5-inch screen. photo: hypebeast.com   rare, unopened copy of “The Legend of
                                                                              Zelda,” another iconic Nintendo game
            Video Gaming                                                      that sold for $870,000 at auction.
               The first video game was a 1952                                               In this market segment,
            research product called OXO – tic-tac-                                              the brand names to
            toe played on a computer the size of a                                              look for when it
            large room. Fifteen years later, Ralph                                              comes    to   game
            Baer produced “The Brown Box”                                                       consoles    include
            which was released by Magnavox five                                                Nintendo, Sega, Atari,
            years later as the Odyssey, the first                                             PlayStation, and Xbox,   An unopened copy of Nintendo’s
            home video game console; however,                                                along with the vintage   Super Mario 64 from 1996 sold  for
            it was not enough to manufacture                                                  games that made these   $1.56 million at Heritage Auctions
            at-home game boxes without the games                                              devices so popular and        in Dallas. photo: ha.com
            that drove user interest. It was a classic                                       desirable in their time
            chicken-or-egg start for the personal                                           and timeless in the eyes of
            video gaming market.                    Atari’s Home Pong                     their fans and collectors.
               According to The Museum of Play,   console, released through                 Nostalgia is one of the most powerful marketing trends
                                                      Sears in 1975
            Pong is the first video game to capture   photo: en.wikipedia.org           of the 21st century. Collectors will pay huge sums for
            “wide-scale public attention.” The                                                                       electronics from their
            game mimics Ping-Pong, hence the                                                                         childhood, creating serious
            name, and appeared first in coin-operated arcade-style form at                                           opportunities for anyone
            bars and restaurants. In 1975, Atari introduced an at-home                                               with a well-preserved
            version of the game, “Home Pong,” in the Sears Catalog. The                                              console, computer, or
            game became wildly popular and opened the door for more                                                  audio device. So before
            games and at-home game consoles to play them on.                                                         your next garage sale or
               Atari’s Atari 2600, introduced in 1977, was a game changer.                                           donation drive, ask your-
            It came with joysticks and game cartridges that played                                                   self – do you have any
            multi-colored games, according to  The History Channel. The                                              vintage electronics that are
            revolutionary nature of this console kicked off a new wave of                                            now worth a fortune?
            video game systems among console manufacturers and video                                                 Should I hold on to this?
            game developers.
               While today’s consoles and video games are literally light                                           1982 Nintendo
            years ahead of their earliest iterations, nostalgia is re-igniting                                        Game and
            market interest in buying back and playing the vintage games                                            Watch, Donkey
            that started it all: Pong, Pack Man, Super Mario Brothers …                                              Kong, boxed,
            Over the years, these beloved games were not upgraded with                                                 selling for
            next generation consoles and Play Stations, so having one means                                          $135 online.


            26               Journal of Antiques and Collectibles
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