WHAT’S BEING CLAIMED:
- A sealed copy of the classic Nintendo video game Super Mario 64 was sold for a record-breaking $1.56 million on Sunday.
- The previous record for the highest amount paid for a single video game was set just two days earlier on Friday when Nintendo’s The Legend of Zelda sold for $870,000.
- According to Heritage Auctions, this is the first time that a single video game was sold for over $1 million.
An unopened copy of the classic Nintendo video game Super Mario 64 was sold at an auction for a record-breaking $1.56 million on Sunday.
This is the first single video game sold for over $1 million, according to Heritage Auctions.
The Dallas, Texas-based auction house noted that Super Mario 64, released in 1996, was the first game to show the world-famous Mario character in 3D. It was also the best-selling game on the Nintendo 64 console.
Video game grading company WataGames also gave the game the highest possible A++ grade, which meant that it was preserved in nearly impeccable condition.
The sale broke the previous record, which was set only two days earlier on Friday when a sealed copy of Nintendo’s The Legend of Zelda sold for $870,000.
The record set by the Zelda game was already impressive, but seeing another video game sold for over $1 million a few days later came as a shock for the auction house, said Valarie McLeckie, Heritage’s video game specialist.
The market for collectibles has definitely exploded during the pandemic, with everything from sports cards and Pokemon cards to non-fungible tokens being sold in multimillion-dollar auctions over the past year. With their rising popularity, several companies have positioned themselves to support the growing industry.
The Mario franchise, in particular, offers an especially nostalgic lure within the collectibles market.
Another Super Mario game set a record back in April when an original 1985 edition of Super Mario Bros. for the Nintendo Entertainment System sold for $660,000.
Source: New York Post