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Exposing Fraud In The Retro Video Game Market | MoistCr1Tikal

A surprising exposé video claims that Heritage Auctions and Wata Games have been artificially inflating the value of old gaming cartridges. 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. All year long, mint copies of vintage games like The Legend Of Zelda and the original Super Mario Bros. have been selling at auctions for millions of dollars, shattering world records almost as soon as a new one was set. This retro gaming price boom began back in March when an unopened copy of Super Mario Bros. was sold for over $310,000. After that, a sealed early NES R copy of The Legend Of Zelda broke the record for the Most Expensive Game with a final price tag of $870,000 in July. Both of these games were sold at Heritage Auctions, which has auctioned off other priceless relics of gaming history like a prototype of the unproduced Nintendo PlayStation console. As reported by VGC, journalist Karl Jobst recently posted a bombshell YouTube video claiming that Heritage Auctions has been part of a scheme to inflate the prices of old video game cartridges for an increased profit. He claims that Heritage co-founder Jim Halper and Wata Games president and CEO Deniz Kahn were the ones leading this fraud operation, as Wata directors artificially raised the value of games they’ve graded. Furthermore, very few of the games being sold off at Heritage Auctions were actually purchased by game collectors. Heritage Auctions has since denied these accusations, with a spokesperson claiming that Jobst’s video contains “many misstatements.” A company spokesperson from Wata Games gave the following statement to Screen Rant. Heritage Auctions isn’t the only auction house that has been making headlines by selling high-profile copies of retro video games. Earlier this month, yet another copy of the original Super Mario Bros shattered records with a final price of $2 million after a bidding war at rival collectibles site Rally - not too long after Heritage's Legend Of Zelda auction. Shortly before that, eBay set the record asking price for a game cartridge with a $1 million gold copy of the Nintendo World Championships. The recent surge in final auction prices for old-school games like Super Mario Bros. and The Legend Of Zelda has surprised a lot of people. If Karl Jobst's allegations are true, then it looks like some of the craziest stories to come out of the gaming auction circuit, such as that record-breaking Legend Of Zelda cartridge, could be the result of fraud. Original Video |    • Exposing FRAUD And DECEPTION In The R...   Karl Jobst Channel |    / @karljobst   Source - https://screenrant.com/retro-video-ga... #penguinz0 #moistcr1tikal #retrogames Music: GTA V - Pause music Galaxy map - Mass Effect Steady - Veritas Deep Sea - Perfect Dark Carrington Institute - Perfect Dark Maian Tears - Perfect Dark Resurrections - Celeste Home Bay - Ecco Level 0 - Tetris Cd-i Website - ✨Join the Moist Moments community and show your support by buying us a coffee at https://www.buymeacoffee.com/moistmom... ☕️ Thank You! ~-~~-~~~-~~-~ Please watch: "Penguinz0 Reacts to Dark Web Predator"    • Penguinz0 Reacts to Catch A Predator   ~-~~-~~~-~~-~ 🌟Level up your YouTube channel using TubeBuddy! 🌟 If you’re looking to take your YouTube channel to the next level, I highly recommend checking out TubeBuddy. It’s a tool I use daily to optimize my videos, get keyword suggestions, and so much more! 👉 Get TubeBuddy here: https://www.tubebuddy.com/pricing?a=M... By signing up through my link, you not only get access to amazing features that will help grow your channel but also support me in bringing more fantastic content to you! I cannot stress enough how much of a game-changer TubeBuddy has been for me, and I have no doubt it can have the same impact on you. Check it out and let me know what you think! 🔗 Don’t forget to use my link to get started and enjoy all the premium features that will help boost your channel’s performance!