Heritage Auctions Named in Scam / Fraud / Investment Bubble / Market Manipulation Alert Video

[LawrenceChard]

Although this video does not relate primarily to coins, or coin grading, it should be of considerable importance and interest to most coin or bullion investors, collectors, slabbers, stackers, and even conspiracy theorists.

Exposing FRAUD And DECEPTION In The Retro Video Game Market

 

It was posted by Karl Jobst, and has been discussed and linked on Reddit.

 

 

 

"My scathing review of the current retro video game bubble is out! These people don't care about video games, they just care about taking your money"

I will not attempt to describe it in full detail, but it involves or mentions:

Mark Haspell and Deniz Kahn of Wata Games 

PWCC

Tulipmania

The Great Coin Bubble of the 80's

PCGS

RSE Archive LLC Rally RD

Eric Naierman

Merrill Lynch

NCI

Heritage Capital Corps.

James Halperin

Certified Rare Coin Galleries (CRCG)

Ebay

The press and media in general for helping to promote and distribute propaganda issued by the interested parties.

So, while I do not expect many TSF members to be Retro Video Game collectors or "investors", I think this video is educational and worth watching.

 

 

Edited August 24, 2021 by LawrenceChard

[TeaTime]

I'm gobsmacked. What i got from that was - an unused video game with an undamaged celophane wrapping is allegedly worth a million pounds more than an unused video game with a damaged celophane wrapping..... 

🙄

[HerefordBullyun]

Well if people can sell NFTs of recordings of thier fart which the person donest actually own. It tells you everything you need to know. Let that stink in. I mean sink! So its literally all hot air! if fed start printing these I will be a millionaire.. 💨🐮 as us bulls re reknowed for are relase to the greenhouse emissions through consumption of grass which turns to gas!

 

Edited August 24, 2021 by HerefordBullyun

[HerefordBullyun]

I would also recommend reading the book the psychology of money.

[LawrenceChard]

18 minutes ago, HerefordBullyun said:

Well if people can sell NFTs of recordings of thier fart which the person donest actually own. It tells you everything you need to know. Let that stink in. I mean sink! So its literally all hot air! if fed start printing these I will be a millionaire.. 💨🐮 as us bulls re reknowed for are relase to the greenhouse emissions through consumption of grass which turns to gas!

 

That's fart too much information!

although it did feel like a breath of fresh air.

[HerefordBullyun]

9 minutes ago, LawrenceChard said:

That's fart too much information!

although it did feel like a breath of fresh air.

Well i have popped the odd extra strong mint up there now and again to help!

[westminstrel]

6 hours ago, HerefordBullyun said:

Well i have popped the odd extra strong mint up there now and again to help!

Popped or pooped? 💩 

[AppleZippoandMetronome]

This is a market I have a small interest in and sales of graded games have been contenous for a couple years now. Its grabbing more attention now though because of the 7 figure prices several graded games have now achieved. What is interesting about what is happening in this market is how against it the traditional collector base is. Not just against it but seemingly bewildered by it. A sealed and graded copy of Mario64 sold for $1.56 million in early July. Many high profile collectors in the retro game market were quick to express their bewilderment all noting that this isn't a rare game. Indeed Mario64 would have been one of (if not the most) produced game(s) for the Ninteno 64. There are many known examples of not just sealed versions of the game but sealed cases in which its estimated several of the copies in each case would grade this high. The "value" is completely artificial. Speculation as to why has run rife.

I know one thing for sure. If I owned any collectable sealed retro games I'd be sending them off to be graded and sold before this odd bubble pops!