Just weeks after the record auction price for a video game was smashed when Super Mario 64 sold for US$1.56 million, the retro market has rocketed to a new high.
An unopened copy of 1985 game Super Mario Bros for the Nintendo Entertainment System (NES) has sold for US$2 million through collectibles site Rally.
Being unopened makes it a rarity for old games, one of Rally’s founders, Rob Petrozzo, told the New York Times.
Unlike the previous two record holders – the Super Mario 64 game and a 1987 Legend Of Zelda cartridge that sold for US$870,000 in July – the 1985 classic wasn’t sold via auction.
Rally buys collectibles and opens them for investment, with shares purchasable by the general public. In this case, US$50 granted ownership of one three-thousandth of the cartridge.
Whenever someone makes an offer to buy an item outright the investors then vote on whether to sell, with a US$300,000 offer rejected by the investors last year.
The US$2 million offer was made by an anonymous buyer who’s “making big bets in the video game space”, Petrozzo said. It was approved by three-quarters of the game’s investors.
Rally originally bought the game for US