I got to thinking about current upward spiral in retro game prices. I go to ebay and look up a given game and there might be 2-3 pages of auctions, mostly starting in the $10-$20 range. Many are BIN auctions, and in my estimation, demand does not equate to the current asking prices. So I got to thinking that as the years go by and older retro game consoles die natural deaths, will the existing population of available games possibly lower in price? For instance, if the current ration of game 'x' is 2:1 in relation to remaining consoles in the general population, and ebay auctions are asking $10-$20 per game, will those sellers finally wise up and lower their asking prices when that ration becomes 3:1 or 4:1? It just has to happen that over time those pages of ebay auctions for game 'x' will expand from 2-3 pages to 5-6. At that time, will the market continue to sustain the $10-$20 prices being asked? Over-supply versus lower demand would seem to support my theory. Any thoughts on this?
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