A private collector, who is “making big bets in the video game space,” has bought a sealed copy of Super Mario Bros. for a whopping $2 million, breaking all previous records set for the highest money paid for a video game title, including one set just last month when a collector paid $1.56 million for a mint version of Super Mario 64.
The Sealed copies of Legend of Zelda and Super Mario 64 were sold back a month in an auction. The unsealed copy of Super Mario Bros. sold for $2 Million by a collectible site known as “Rally” online has a 9.8 A+ rating on the Wata Scale, which means it’s in “exceptional” condition. This method of sale is quite different from hosting regular auctions.
As The New York Times reports, Rally first bought the game, for $140,000, and then invited others to invest in the share of the game. And, when the Rally gets an offer to purchase the game, the investors can deny or accept the offer.
Back a year ago the investors had put down the offer to buy this copy of Super Mario Bros. at the price of $300,000. This move turned out good for them as this year a private collector purchased it for $2 million, making it the most expensive video game ever.
In conversation with The New York Times, Rob Petrozzo, Co-founder of Rally told that this deal gained about 75% of approval from investors and this proves that some of the investors were holding for an even bigger offer.
The market is in no mood to cool down and there are many classic video games. So, it will be more interesting to see how many records would break in the future.