Video Game Auction Fraud

It's all alleged at the moment but the evidence is pretty. It's a auction company that sold $850 million dollars worth of items in 2017 alone.


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Interesting video on the high end rating and auction scene going on, but particularly interesting as it touches on na, dain, and gocollect:.

Video game auction fraud. It “strongly refutes” allegations of its involvement in shill bidding. Collusion and dishonesty to manipulate the market for personal profit. Exposing fraud and deception in the retro video game market ignored exposing fraud and deception in the retro video game market.

A recent surge in the value of retro nintendo video game cartridges is allegedly the result of fraud by grading company wata games and collectibles auction company heritage auctions, according to one journalist’s exposé. This isn't a washed up 80's video game player that he is going up against this time. Heritage auctions responds to allegations of “fraud and deception in the retro video game market”.

A post on vgc summarizes the key points. Have been selling at auctions for millions of dollars, shattering. Selling for $2 million this month.

Recent sales of retro games for insane prices were essentially a marketing effort for a video game grading service and auction house. Report blames surging retro game auction prices on fraud. A new video claims to expose fraud and deception in the secondary market for classic video games.

The clip alleges that this is due to market manipulation and insider dealing at game grading company wata games. To the extent that the owner of the auction house bought a game for 100k to basically write a press release about it to hopefully create a speculative bubble. Having sold a separate super mario bros.

Rgw20014life, kruis, clem84 and 1 other person. It effectively charges auction houses, game graders, and certain collectors with conspiring to manufacture a retro game bubble and get rich in the process. Pretty much zero evidence of actual fraud and deception so regardless of the some of the interesting points in this video, the clickbait title just comes across to me as typical trashy youtube content.

Auction and grading companies face fraud allegations over high retro game prices. So the grading company and auction house worked together to try to boost auction prices. And a new video documentary claims.

Auction house worked with a grading company to pump up video game auction prices. I enjoyed the video and hope him the best but he really needs to be more careful. It's a brave stance but insanely stupid.

In his video, jobst sums up the situation like this: A new report alleges fraud in the grading and auction process which has seen a recent surge in retro game auction prices, most notably leading to a copy of super mario bros. We've completed a tech update with changes to thread prefixes, copy and paste support, the way posters can insert tables, and more!

Karl jobst has just released a documentary about the shady dealings going on in game collecting which has resulted in game prices being heavily inflated allegedly by the game grading company wata games and the auction house heritage auctions. In 2019, it sold for over $100,000. Following on from yesterday's accusations about fraud and deception in the retro video game market, a heritage auctions spokesperson has now issued a statement.

Guy behind the auction house did the exact same thing with coins back in the '80s. Following on from yesterday’s accusations about “ fraud and deception” in the retro video game market, a heritage auctions spokesperson has now issued a statement. All year long, mint copies of vintage games like the legend of zelda and the original super mario bros.

“so what you have here is the chairman of the auction house buying a game for a record price, and then creating a press release about his own purchase, in which himself and the president of the grading company are stating that the value of games is going up. Having set up in 2018, wata's often considered an authority in video game grading, providing collectors a numerical grade depending on their quality. This company can crush him.

Record breaking prices for rare or historically important video games may be a result of collusion between an auction house and a games grading company, alleges a new report.


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