That silly Super Mario Bros. cart auction

[CTN]

Apparently a sealed US Super Mario Bros. cart got sold at an auction for half a million of real money.
Can somebody please explain this to me. Is the world gone mad?

[SuperPang]

Is the world gone mad?

Have you just got back from space or something? Yes, yes it has.

[CTN]

I'm in Istanbul since October, so several things have passend me by. But this auction made in into the mayor newspapers for it's audacity. There hast to be money laundring involved. That's the only explanation I have.

[geotrig]

I agree I think a lot of these and the same with art involve money laundering. But then again there are some **** out there that would overpay for stuff

[LEGENOARYNINLIA]

Money laundering on Ebay huh. Maybe that explains how some unpopular sealed trading card boxes that went for 15-20 USD for years are suddenly selling for 100-200 USD.

[CTN]

This was sold thorugh Heritage-Auctions.

I think they're big in Baseball cards and other american stupidities.

[SuperPang]

A Tweet sold for $3m the other week which makes this look positively sensible.

[CTN]

[BlackSpy]

I do htink collecting a physical object is very different from buying an NFT. Collectors aren't new, what they choose to collect changes but it's all part of what people do.

Buying a weblink to picture or a tweet is just crazy. I'm sure that stuff is mostly fraudulent/ ignorance.

[SuperPang]

NFTs are just a new form of cryptocurrency (which is gambling rather than investment).

[BlackSpy]

NFTs are just a new form of cryptocurrency (which is gambling rather than investment).

I'm not sure it's even that. They look more like a confidence trick to me.

[CTN]

Now they sold a Zelda cart for even more money.
860.000 $
World gone mad

[sven666]

Curious as to why people think its money laundering and how that would work? (Enclosed picture of actual moneylaundering)

Its just collector mania, its universal, interests are bottom low and people have more free cash than ever and "normal" investments like funds or interest yield nothing anymore.. however you can make a million instantly by flipping a pokemon card. (Or a zelda cart it seems)

[CTN]

1,5 Million for Mario 64.

https://kotaku.com/a-sealed-copy-of-sup ... 1847269269

[nem]

I bet someone has whole factory shipping boxes of unopened Mario 64s somewhere.

[phillv85]

I bet someone has whole factory shipping boxes of unopened Mario 64s somewhere.

Without a doubt, there will be boxes out there in the backs of shops and warehouses.

[pubjoe]

Excellent research about this crap: